HomeMy WebLinkAbout0686 and ,hall P~~(orm, comply u~itf~ and a6ide 6v eac1~ ancl ei~ery tbe agreemerdt, atipulnttoni, contllltons ond ~
conenants tl~erewJ. and oJ Il~is mort~~~~e, thPn Ihts mortga~e and t~e esta~e 1~Prn6y crpotpd, sholl cease, de-
fe~rnine an~~ ~e null cin~ ~•oi~. f
~in~ f~iP morff~agor ~~em~y ~urth~r cuuvnants an~ agrees to pay prompl~y when tlue the principul and ~
interesl anc~ ol~u~r sums o( monny proviclec~ ~or in soic~ ieole nnd l~~is morlpngp. or eilhe?; fo pay a~~ and ~
's
stnflular tl~~ tax~s, ass~~ssnu•r~fs, ~~~oiPa. ~inbileli~s, obli~~alio~~s, an~ encumbrances oJ every na~we un said pro- °
i~
~ perfy; t~ j~rmif, commil or sei~(~r r?o U~qSIP, impairm~n! or c~eteriorafion o~ :a~d land or l~ie improuements ~
l?lPI~P(`ll A~ OII) ~111)P: ~O RPP~I I~IP ~~III~(~1f1~~S /IOU~ OI ~1P~(M~11'~ Ofl cAl~ ~Al1~ tlt~~y 1?ISll7P~ 1/1 Q SUIII O~ ~10~ !PS! 1~
r6a~ full insurable value
tn a rnm~~nny or i-ompani~s ~cci•pfu6~~ to 1{~t~ morlg~ge~~, !he po~ii•y or po~icies fo f~e Re~~ ~y, an~ {wya~le
fo, ~aic~ morlpage~, an~ in fti~ en~~nl ariy sum o( mon~y ~~•om~s paya6le ~y ni?tue o( such insu~ance tht
mortpa~t~e shall ha~~e the ri~~h1 to rM-~ii~~ ~nd apply if~e some to the inde~)I~/IPSS ~IP/P~,y s~-~.~d, acrnienling
to Itie motfga,ryor JA~ AIl) surp~us; !o pay a~l cosfs, c~~arges, an~ PXpP/tSPS, ir~cluc~ing ~c~u~yrr~s ~Pes and fit~e ~
searc~es, r~usona~~~ incurrecl or pai~ l~y f~~~ mortgar~~e ~PCnusP o~ I~~e ~ai~ure o~ f{~e morfgagor fo prompf~y ~
ane~ ~ul~y ~'o?npjV ~~~+~h rhe ac~r~c~m~•~~fs, stipululions, con~ilions an~I coi~enonfs o~ saie~ nole an~ this morlgnge.
o~ eif~ier; fo pi~r~orm, ~omply te•itl~ Qi~rl al~i~Ie ~~y Pa~h an<I ~nery !~?e agreemenfs, sfipu~afions, conc~iiions ant~
cot~eno~+fs s~f Jor!{~ iu sai~~ nol~ an~ this mortgage or either. /n fhe event fhe morfqagos (ails fo pay w{~en
due any Io.r, assessmi~nt, insuran~•p premium or ot{~Pr sum o~ money paya6le tiy nirfue o~ sait~ nofe and (~ts
mortgage, or Pit~~~r, I~~e morf{~agPp may pay Ihe same, irilhouf waiving or ajJecting l~ie oplion lo jorec~ose ~
or any ol~ier ri~~~~f I~~rn~uul~r. ~n~~ a~~ SU~'~ ~Ay11iP11IS s~~a~~ GPUI' IIIIPlP3~ Jrom ~/~fe fRereof at Ilie {~ig~esl law- ;
(u~ ml~ Ilu~n a~lou•e~l 1?y Ili~ ~ou~s o~ tlu~ ~tate of F~oricla.
nny se~m oj moni~y {~e•rein n~(~rr~~ fo ~~e nof prompf~y paic~ wit~~in thirty ~~ays next a~ter
l1~e samP I~~com~s du~, or iJ earh and ~i~rry th~ a~re~mNnls, stipulations. roncliteons and couenanls o~ said
nofe am1 tl~is morfyagr, or eithhr, nre not (ully performPd, complied euith a~d pGl~P~ ~iy. I~Ph !he entin
sum me~tion~d i?~ said nofe. and this mortgage, or thp entire balance unpaid thpreon, s1~aA /orthr~itle or
tlterea~lP~, AI IIIP oplion o~ 11ie tI10rIQQQPP, ~PCORIP nnd b~ due and paya6le, any~hing in said note or I~erein
to f~e c'onfrary nohoifl~stnruling. /'~~ilurn liy f~~e morf~agen to pxercise Qny o~ !tie rig~fs or options ~terein
p?+ot~icrecj s~~a11 nof ~unstifufp a u~ai~~~r of R~ty rig~?!s or oplions uncl~r saic~ not~ or ftiis morfgage arcrued or
ftipren~f~~r a~•c rui~t~t. }
Dn ~~ln~s ~herenfy t~iP s~id moily~~~or hos I~vrpunlo si,ynpcl ancl sealecl ftiese presenls the
t~ay art~ y~r ~irsl a{?or~ p~rillen.
$ignet~. i PIi~~Pr~a~ ' t{~~ prns~•ncP J_
. . . - - ~ - - ~
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W1 OHN P McANDREW
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W •
' ~ ~J . / . . ~ - .
----i...- -r- - ~ - - - G - - E. McAND , his wife
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Wit ess
STATE OF FLORIDA, ~ ~
Cou:vTV c~F ~TIN
I HEREBY CERTIFY that on this dar, before me, aa
officer duly authorizrd in the 5tat~ aforesaid and in the County aforesaid to tak~ acknowledqments~ penonally appeated
JOHN P. McANDREW and MARGARET E. McANDREW, his wife
to me known to be the pe~rson Sdexribcd in and who ez~cut~d the forcqoinq instrument and they acknowkdsed
before me that theycx~cuted the same.
N'17~~iESS my hand and o(ficia) stal in thc County and Statr last afor~said this 23rd day of
NOVBI11bP.r A. D. 19 .
.
.
My Co~nission Expires : No~~ ry"~ ub ic ta ~~e br%c7a
NcuatY Tohlit. Srarc ~f F?..rida at Larae ~ at Large; ':,~Z . .
D+I~ C:ommisaion Expires ~tat:h .2, 1981 , ~ •U
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. C) ~ U -
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..,~~.•$1~~
G P~
b~Gk 278 PAGE V85
I7iis Irut,umcnt prrp~arrd by: and should be recorded and returned to :
Add?ru Mario G. de Mendoza, III
251 Royal Palm Way, Past Office Box 2644
Palm Beach, FZorida 33480 ~
i