HomeMy WebLinkAbout0225 and shall perJorm, co»~ply icitli u?ul aLule I,y eud~ uud ecrry Nie u~;neuiculs, stipulutio~u, conditions and
cooenants thereo/, anci o/ ~hts u~ort~a~;e, then this ~t~ort~;o~;e u~~d tl~e estute hereby created, shall cease, cte-
tennine and 1ie nuil and uoid.
~ the mortga~or hereLy furtl~er covenants a?ul agrees to }wy pranNtiy when due the princtpol and -
inter~est and other sunu of mone~ provicled for in said ~w~e a?ul tl~~s mortgage, or either; to }wy all u?ut
singular the taxes, assessments, leuies, lktbt?lties, oLli~;utiorur, aiul euceemGrunces of eoer,y rwture on said prop-
erty; to permlt, commit o? st~~er no u;aste, impairnient or deterioration o~ sait! laru~ or the imNrovementa
thereon at any time; to keep ihe bailclin~;s now or herea/ter on saul larul full~ insured in a su?n of not less
fhan
in u cam~wny or componies acceptable to tlie mort~;a~ee, the polecy or policies to Le l~el~t by, arut pa~able
to, sakl mortgagee, and in the euent an~ sum of money l,econ~es pQyohle by olrtue of suc1~ i~uurnnce the
mortgagee shal! hove the right to receice a?ul aJ~ply tlie some to ilee indebtedness )~ereby secured, accounting
~ io the mortgo~ar for any surplus; to pay all costs, chur~;es, au1 expenses, including lawyers fees arul title
searches, ieasonably incurred or poid by Nie mort~;o~;ee ~,ecause of the failure of tlie mortgagor to promptly
fi.11~~ .v_?»an1J~ fr,;tl. ~l,e o~omvnts; rfij~t~l~tiprFS, ('On.t/ittc~ne n?trl rn~~naMa of sn~rl ru~1A 2+~[1 Nits n~nrfo!r~_a,
~ or either; to perform, comJ~ly u;ith ancl aGide by each and euery the agreements, sti~ulations, conditions and
co~enants set forth in said note an~l th~s mortgage or eitl~er. ln the event the mortgagor fuils to pay when
due any iox, oss~essmeni, fnsuronce ~remium or other sum of money JwyaGle by virtue of said note arul ihis ~
mortgage, or either, the mortga~;ee ma~ ~wy the same, u~thout icuiving or o~ecting the option to foreclose
or any other ri~ht hereuruler, and o!I such Jwyments sl~oll Gear interest from dote t)~e~of at tlie highest lau:-
fut rate then aUoued by the lau:s of the State of Florida
uruJ sum of money herein referred to be not promptly Jwi~l u:ithin thirty ~ys ~ p~~.
the same becomes de~e, or if each o?ul every the agreements, stipulations, conditions and covenant.s of saict
note arul this mongage, or eitl~er, are not fulty per/ormed, complied with and abuled by, then tl+e enti~e
sum mentioned in said note, and ihis mortgage, or the eniire balance unpaid ihereon, sholt forthwitl~ or
thereafter, at tlie option of the mortgagee, become and Ge due mul Jwyable, anything fn said note or herein
to the contrary not~ciJl~stanrli~. Failure Gy tlie mortgagee to erercise any o/ the rights or options leerein
prouide~l shall not constitute a uuiuer of any rigl~ts or options under said note m this mortgoge aeerued or
ther+eafter accruing. -
~n ~itness ~hereof~ the saicl mortgo~;or hos I~ere~mto signed and sealed these Uresents the
day and year first ahoue ~critten.
Signed, seaied and delivered in tjie presenee o~:
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j S'I'ATE UF ~I.dAIDA,
~ courrr~r oF St . Luc ie ~
~ I HEREBY CERTIFY that on this clay, befom me, an
~ o~cer duly autlx~rized in the State aforesaid ancl in thc County aforrsaid to take acknoW~leclgments, personally appeared
David M. Fee and Mary L. Fee, his wife
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to me k~a»~~n to l~r tFx~ ~x•r~n? S d~•u•~IK~cI in and ~chu ~~~ir•idi~d Nx• (un•~:uink irt.tn~nN•nl :unl they :~rktx?~~•ledRc~c)
~~t~?m t~:~c .'theY ~•\lY'U~fYI ~~N~ .:~~~K•. ~s
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\VIT1Etiti my h:uxl :uid offici:d x•:d in t}x• C~~inN}~ and tit:dr L•~.t :dnre•tiaid this day of t
August ~ i;~ 75 !
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FG~E ~ ~sS C~uRS ~ ~ t "
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R I ~t 'e ~
RFC~^a.• 244~~,~~ ,~'1
p~ 16 ~ 1`~
~ 3~~'~'3 s°oeK 243 PACf 225
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