HomeMy WebLinkAbout2457 ~n~~ s~ia~~ pe~~orm. ~•omp~y u~il~~ ant~ abide by enc'h ant~ e~~ery t{~e agrvements, dipu~afion's, rundifions and
co~~~nanfs 1{ipreu~, ane~ of t~iis mortgafte. I~en 1{~is morfpagp and t~e estale hereby ~?pate~l, sha~~. cease, d~-
lermine an~ ~P nu~~ an~ t~oi~. ~
nn~ 1~~P mor!{~a{~o~ ~ien•~y jurll~e? co~~~nanls ancj a~reea fo poy promplly when due Ihe p~incipaE and
i~~fernsl nncl ol~ier sums o~ mon~y pro~~ided Jor in said nole and ftiis mortgage, or eit~~er; fo pay a~~ and
atn~u~ar fhe fnxPS. ass~ssm~nfs. ~e~~iPS. ~ia~~t~iti~s, o~~inalions, and encum6ra~ces o~ every nafwe on said pro-
~ perfy: fo p~~mit. commif or su(~er no u~asfe, 1m{wirmer~l or cleleriomfion o~ swtd ~anc~ or the tmprovemenla
ff~pr~cn al anv fime: fo k~ep i~~e ~~ui~~in~s now or ~~erna~f~~ on c~i~ ~an~ ~ully insure~ in a sum o~ nof ~eu
tf~a~ the highest insurable value,
in a company or companic~s acrnplaLle lo the mortga~ee, tf~e poltcy o~ poltcie: fo 6e held 6y, and poyablt
!o, s~id morl~a~te~. and in Ihe ei~~nt m~y sum o~ money becomes ~ya6le 6y virlue o/ such insurance Il~e .
morfnagee s~~a~~ hane I~~e rifl~~t fo receiue~ a~d apply Ilie same to tl~e inde6tedness here6y secu~, accou~ting
fo I~i~ rt~orlflanor ~or any su?p~us: fo pay a~~ cosfs, c~a~ies, and expenses, inc~ucling ~awyer~s ~ees anc, til~e
SPQ1Y'~PS, fP(It011(1~)~y incurre~ or pnic~ tiy f~~e morfgagee ~pcausp o~ Ihe (ai~ure o~ 1{~p mortgago~ fo prompfjy
an~ jully i'omply u~ith fhe apreemenls, stipu~afions, con~Iitions uncl covenants oj said nofe ane~ Ihis mortgage.
o? eil~ier: lo pprform, ~-omply with and a6ide by ench and ei~ery t~~e agreemenfs, sfipu~ations, conc~iftoru nred
coven~nfs sef fo?f~~ in said nofe anc~ fhis mortgage or either. ln itie event ttie morfgagor ~ails to pay when
c~ue any fax, ~ssescment, insuran~e premium or olhe~ si~m oj muney paya6le by i~irfue o~ saic~ note and thts
mo~l~ape, or pil~~er, 1{~e morlgage~ map pay I~e same, without urniving or af~ecting fhe option to lorec~ose
or any olher ri~l~f l~er~u?irl~r, and all sucl~ payments shall 6ear interPSt (rom dafe fl~ereoj at the higl~est law-
'U~ ~q~P ~~IPII A~~OIOM~ ~)V ~/1P ~AIPS OJ ~~1P S~A~P Oj !-~0/I~Q.
nny sum a~ mon~y I~Prein re(erre~~ io ~?e not prompf~y paid u~it~iin f i fteen ~ays next a(ler
thP same ti~co?nns e~~~e, or i) each and ei~ery II~e agreemvnts, stipulations, conelitions and covenants of saic~
note and Il~is morlya~~~. or ~ittier, arr riot jully perjormed, compliecl wifl~ and abit~ed 6y, then the entire
sum menlionec~ in said note, and t{~is mortgage. or lhe enlire 6alance unpaid fl~ernon, shall forl6u~ith or
l~erealfer, nf t~~~ option o~ f{~p moilqa~ee, become and 6e due and paya6le, anyt~~ing in sai~ note or {~erein
fo t~~~ conlrary noturil~~slanc~ing. Failur~ I~y the morfgagee lo exercise any o~ the righfs or options herein
proi~ic~c~cl shall nof conslitute a u~ainer oJ any rinhts or options unc~er saic~ note or ftiis mortgage ace-ruen~ or
fli~rea~ler accruin~.
~n ~itness ~hereof~ Ihe s~id mortc~a,yor I~as I~ernunlo sic~npcl nn~I sealc~cl fl~ese presents thp
tjay an~~ year ~irsl a~~ot~e toriften. _
Sign~d etJ nr '~er~•d 'n fl~e pres~nce o~: .
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z George . McDermott
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STATE OF FLORIDA, ~ "
COt:tiTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me~ an
of(i~cr duty auihoriird in the Statc aforesaid and in th~ Count~ aforesaid to take acknowledqments, prrsonaUy apptarcd
GEOR~E G. MC DERMOTT, a single man
to m~ known to br th~- pcrson dexribed in and who execut~d the (ore¢oinq instrument and he acknowledged
be(or~ mc that he ~xrcuted the same.
~CI7'\ESS my hand and of(icial seal in th~• County and Statr last aforesaid this Z~Ctl day of
~ October A. D. 19 7~+
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293363Notary Publ ic ` %
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~ My commission expires:
AIotary Puo?i, S+ctc nF ~.~r~da af Lat~ : L'~ ~'~I
1t,y Co:~m¢s::~~ zx;.~~e, !'ay 8, 197a ~ ~ y REC~hDED = t ~~.~~~-1,fl'. (q-
ec~w:d by A.~...._an Fro 4 C~swltr Co. fllE ~I[ :OUMTY FLA. ~ _-"c.~ . ~ t,
St.IU ~ PUITR?S RT ~ . y• ` ~1V~•' _
ROGE tt C~~ ' ' ~
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CLERK, C1RCt!
REC~!~~ ~EF~F~Ea.~1"" ~^t:_-j ~ ~±"1
~ Pa'z~ ~ .
p~t t 1
_ JOHN HUME, ESQ.
%%is Ir~s~rrrmfnl pr~prrr~•~l by: HODGE, SWAN ~ LARSON, P,A,
5100 North Federal Highway
;1~lrlr~x~ Ft. Lauderdale, Florida 333~$
- BaoK 232 PA~ 2456
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