HomeMy WebLinkAbout1908 ~
anct shalf ~~er/orm, eomply ~rirl~ urul ul,ule Ly ~uch u?ul ecery t?~e u~;rucmrnts, .+te~~aluteo~u, coiulitioru und
conenatits tl~ercof, a?ul o/ this ~„ort~;a~;e, t1~en N~is murt~u~e uu~i tlie estate hercl~y crealed, sl~all cease, ~le- ,
termine u~ut Ge nui! a?ul void.
~ the mortgagor t~ereby /urther coue?iaus arut a~rees to }xiy {~ran~~~lly ichen due the Nrincipal and
interest and otl~er sums o/ rnoneJ proualecl Jor in said rwfe a~ul N~is rnort~;age, or eit)~er, to jw~ all a~ul
singula? tbe taxes, assessme~its, leuies, lial~ilttics, oGli~;u~iu?~.s, a?~d cranunlirances of cuen/ ~wture on saul prop-
erty; to pern~if. comniit o? sdBer tw tcuste. i?nJwlrnienf or ~!lrwA~Rtion of sned In?ul or tl~e i?nprooerAents
thereon ot any tin~e; to keep the buildin~;s noic or her~a/ter on soid laul tully iruured in a sum o~ not less
than Z~velve thousand and no/100
in a campany or companies acc~eptable to tlie mort~;u~ee, tlie policy or ~~olicies t~ be hel~l hy, und payable.
to, said mortgagee, and in the euent any sti~m o/ nioney becotnes pa~u6te by uirtue of such iiuurance !he
mortgagee shall have the ri~;ht to rec~eiue and a~~~~ly the same to the incleLtedness l~erel,y sec~~recl, accounting
to the mortga~or for ony surplus; to pay al! costs, charges, a~ul expe?ues, incluJing laicyers fees nnrl title
searches, teaso~wbly incurred or ~wkl 1~y the mort~;a~;ee l,ecause o/ lhe failure o/ Nie mortga~;or to promptly
and fuUy comply u;ith the ogreements, sti~ndatioru, corulit~oru a~ul cove~wnts of sout note a?u~ this mortgage,
or either, to per/orm, con~ply u:ith arul aL'ule Gy each and eoen~ tlie agreements, sti~n~lations, corulitio?~,s an~!
covenonts set forth in saul note ancl this mort~;a~;e or eitl~er. ln the event the m~rtgagor foils to }wy tchen
dae any taar, assessment, i?~.surance premium or other surn o/ n~oney poyalile by oireue of saul note and Niis
mortgage, or either, the mortgoRee muy ~wy the same, eiYtliout icoining or oBecting the option to foreclose
or any oN~er right liereuruler, arur u!! such payir~ents s1~a11 bear inlerest from date tl~ereof at the hi~hest laic-
ful rate then aUoued Gy the lau:s of the State of Florida. ~
any sum of money herein referred to be not ~~romptly ~wu! ~cithin t~~y days nert after
the same beconies due, or if each urut eoery tlee agreenrents, stipulatio~~.s, co~ulitions arui cooenants of said
note and this mort~age, or either, are not f~dly per~onned, corapleed u~ith and abuieci by, ihen the entire
sum menfioned in saic/ note, a?ut this mort~uge, or dee entire Galanee unpaid t)~ereon, shall forthicitli or
thereufter, at the option of the mortgagee, Gecorne and Ge due a?ul Jwyable, a~iything in soici note or herein
io ihe contrary not~citlistanding. FQiGire liy the neort~a~;ee to exercis~e any o/ tGe righfs or options herein
}~rouirled sl~all not eonstitute u icaiver oJ any rights or optioru uruter saicl note or d~is mortgage aeerued or
tliereafter accruina. .
~n ~itness i~hereof~ tl~e saict mortgatior l:as l~ereunto signed u.ul seuled these presents ihe
day a?ul ~ar first alim~e u•ritten.
Signed, sealed and delit~ered ~'n ihe presence of:
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~ STATE OF ~L.ORiDA,
cov:v~nr oF ST. LUCIE ~
1 HEREBY CERTIFY that on this clay, before me, an !
o~cer duly authorized in the Stste aforesaid a~xl in the County aforesaid to tai:e acknow•leelgments, personally appeamcl ~
Patrick B. Lally and Judy Lally, his wife ;
to nK• k~e?~~ n to Ix~ iM• ~x•r.uu 8 di~+a•rilw•d in :md ~clw~ r~~~•nt~~d t1N• fun•LUiu~ in.IrauN~nt :~~N~ -~they aclt~~~-k~clQetl ~
Iwfun• uK• th:d they _ ~~.~Y~~~c~•~~ ~~x• ..~~~K•.
~~'1"f~Etiti nn• hand ani) ol6cial ~~:d in t}N~ (a~unty and tit:di• l:nt :Jon-~aid thic 4~1 tlay of
~ Octob er t~. 74.
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