HomeMy WebLinkAbout0869 and a{~oII perjorm, comp~y wil~ anc~ ubide by eoc1~ nnd ei~ery ths agneme~~lt, ~ttpulaltoru, conditlona and
covenanls !~e?eol, and o~ I~is mortgage, t~en thts mortguge and tle~ sstote f,.,+e6r t?eufet~, ~~o~~ ceose, d~-
te?mine and be nuU and ~wtd.
t~a mortgogo~ ~erNby f
uNher covenanti and agreei to pay pcornplly wl~pn due tb~ p?tacipal and
intereat anc~ ofhe? sums o~ money provlded ~or !n iuid note and Ihia mortgage. or eit~er: fo pay n~~ nnd
stngula? t~e taxat, AlSPllI11PA/l, ~vtei. Ilobillftos, od~tgafions, ant~ encumbrances of eue?y n4fun on aaid pro-
perly: to perintf, rnmmll or suf(er~ no woite. lmpairmenf or dete?t~atton of ,atd b~d w fho improuemsnta
ttierPOn at nny fime: to ~epp ftie 6utldines now w kereaf ter on aaid land f u~~y inau?ed in a aum o~ nof ~ess
than
in o company o~ compnniea accepta6l~ to tl~e nto?tgogee, the polie~r or poltcies to be hetd 6y, a.d poya6l~
to, satd mortgngee, and in tha euont any sum o~ enoney bec~omea ~rnbl. by utrtue o1 ~uch inrcunnc~ t1~s
mortgagee shall have 16e rigbt ~o receive and apply tl?a same to t1~~ indebtedness l~ereby tecurrd, acrnu~ttr~
to fhe mortgaqor ~or any surp~ut; !o pay a~~ c~wts. c~a~gss, artd expentei, F?ec~udtng ~wyer s~ee~ ond ttl~e
searcl~es, rea~oRn6ly tncurred or paid by the mortgnge~ bacarue o~ t~~ jat~uro o~ the morlgagor to prompt~y
and ~u«y comply with the aA~ee~nenta, sttpu~altons, rnndlttons und rnvenants oj said nole and tkia mo?tgnge.
or eit~er; !o per~orm, comply with und obidt 6y eacl~ nnd evsry tke agreernenU, stipu~aftona, eonc~ilions an~
rnvenanl~ se! ~orfl~ in said nolo nnd t~ia mo?lgag~ or etltier. ~n itie event lhe motigugor (ni~ to pay wtien
due any tax, assessm~nt. inauranco premium w otl~er swn oJ money pnya6le 6r virtue o( said note and t1~is
mortgage, or eittier, the morfgagve may pay tha ta~ne, wifhout wuining or a~~ecfing ttie optton to (o?ec~ose
or any ot~er ~ight I~ereunder, and nll suck paymenta tl~all 6ear infere~t (rom date tl~er~eoj at the l~Igheat Iaw-
~ul rate tl~en atlowed by ~t~a lawi o~ tl~e Stnte of Floridn.
~l any sunt of money {?er+ein re~enec~ lo ba not prompt~r paiid wif~in days nexf u~fer
the anme 6ecomes due, or i~ eacl~ and every the ogreemenfs. slipulations, conditions and covenanb o( anid
note and lhia mortAage, or either, are not jully pe?(ornted, comp~isd witb •and abided by, 11~en the enti~e
sum menltoned tn ~aid note, and t1~is mortgagQ. or the entir+e balanct unpaid tlterron, shal~ ~orll~u~it1~ w
t~erealter, at fF~e opflon o~ t~e mortgagee, bernme and be dus and payable, onyt~ing in ~oid note or /~eretn
fo the contr+nry notwillulanding. Fni~we by 11~e ntortgapet !o exee~t av~r o~ the rigktt or opftont herein
provicred s~a[~ not conslifufe u waF~er of arer rtg~ib or opfions under said nofe or ftiis ?nortgage necrutd or
thereu~fer accnrinp.
sn W~LIl~ ff?1{~~i~ !he ~atd inoregogw bos /~er+sunto aigned and sealed tl~ese presenls the
duy ert~ yeor ~trst ahove u~rJtlen.
Si9ned. a n~td de '~ere n the prQSenco o):
.
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STATE OF FLORIDA~ ~
Covtv'rv oF St. Lucie
I HEREBY CERTIFY th:t on this dar~ betore me. aa
olficer du)y authorized in the Statr ztoresaid and in the County atoresaid to uke ackaoMrkdSments~ penonallr appeared
Lawrence G. Lally and Betty P. Lally, his wife
to me known to br the p~rsonS dtscribed in and who executed the (orcgoins instrument and they actnowkdRed
before me ~hac they eaecuted the ume.
WITNESS my hand and otficial seal ia the Counry and Sute (ast aforesaid ehis Z(tjl dar of
January A. D. 19 77
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NtEU A9~J REGilftCE^ ' : ~ L ! ~
Mir Fla~ ' :
S7. LUC1E GOU. • .
FtOC~R POItR~S ~ ~ f: :3~
CLERK C~RCUIY COURT ~ n ~ ~ .
RfC",RD V~RIFIEO~.~--\ '
~f~3~ 11 3~ AN'11
'llra I?urrru~~urr pap~r,red by: 356399
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