HomeMy WebLinkAbout2865 and shall perform, comply u~ilh and abide by each and et+ery the agreements, stipulations, condiliorts and
cot+enanls lhereo(,•arl~l `of Ihis mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null'and void.
the mortgagor hereby (wfher covenants and agrees fo pay promplly when due the prtncipnl and
interest and other sums of money provided for in said note and this mortgage. or either; to pay all and
singular the faxes, assestmenls, let+ies, liabilities. obligations, and encumbrances of every naluro on said pro-
perly; to permit. commit or suffer no waste, impairment or deferiorolion of said land or the Improvements
Thereon of any time; to deep the buildings note or hereafter on said land fully Insured !n a sum of not less
than $20,000.00 in fire and windstorm insurance
in a company or companies acceptabG to the mortgagee, the~poltcy or policies to be held by, and payable
to. said mortgagee, and in the event any stun of money becomes payable 6y virtue o/ such Insurance the
mortgages shall have the right to receive and apply the same to the indebtedness hereby secured, aceotsnting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches. reasonably tncttrred or paid 6y tha mortgagee because of the failure of the mortgagor fo promplly
and (ally comply with the agreements, stipulations. conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cotenants set forth in said Hole and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment. tnswance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without tuaiving or affecting the option fo foreclose
w any other right hereunder, and all such payments -shall 6eor interest from date Thereof at the highest Iaw-
(uI rate then allowed by the laws o/ the State of Florida.
any sum of money herein referred fo 6e not promplly paid within ---3Q--- days next after I
the same becomes due. or i( each and eue?y the agreements, stipulations, conditions and covenants of said `
note and Ibis mortgage. or either, are not fully performed. complied wish -and abided 6y. then the entire
sum mentioned to said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee, bernme and 6e due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
prof+ided shall not constitute a whiner of any riphts or options under said note or this mortgage accrued or
thereafter accruing.
~n ~~tneSS whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first abote u+ritten.
Signed. s algid= n o ' red in the presence of
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STATE OF FLORIDA, 2 '
cOLVTV OF St. Lucie ` _
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take arkr?owledgments, personally appeared
r
f John W. McMillan Jr. and Dorothy M. McMillan , his wife
i
to me known to be the prrsonS described in and who executed the foregoing instrument and they acknowledged
before me that they executed the same. ^ :
NIT\FSS my hand and official seal in the County and 5tat+• last aforesaid this 8th
: '
` January A. D. 1979 f
g _ ~ - t ~ 8 e4' = Iii
R ~ ~ .4
_ ~ t' NohiY Ptrbt(a, 'Iprfds `t
.A C 0 MY Commission Ex •
V pyres f=eb.12. 1982
31,4 ~ ~ Rondrd thti Jedco Insurance ABency
'79 22 AM ~
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y !%rs /rrunrau-nl n• nml h F . A . Hangs
P P y 410 Oran a Avenue BACK PACf
,IJ,/hst Fort Pierce, Florida w
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