HomeMy WebLinkAbout2665 and shall perform, comply with and abide by each and every the ogreements, sttpulaftoni, eondlt[o?ut and
covenants thereof. artd of Chia mortgage, then this mortgage and the estate hereby created, shall cease, de-
' te?mtne and be null and void.
nlLli fhp mortgagor hPru6y Jurlher covenants and agrees to pay promptly when due the principal and
interes! and other sums of money provided for in said note and this mortgage. or either: to pay all and
singular the tares, assessments, levies, liabilities, obligaftons, and encumbrances of every naltue on said pro-
perty: fo permit. commit or su(/er no waste. impairment or deterioration o/ said land or the improvements
1hPrrcn of any time: to keep the buildings now or herPaf ter on said land fully insured In a stun of not lea
than full insurable value
to d company or comps?ties acerptable to the mortgagee, the policy or policies to be held by, and payable
to. said mortgagee, and in the Pt+ent ony sum of money becomes payable by virtue of such i?tsttrance the
mortgagee shall have the right to receive and apply the same to the indebfedneu hereby sectsred, accounting
to the mortgagor jor any stupltrs; to pay all costa. charges, and expenses. including lawyer's fees and title
sea?ches. ?easorlably Incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and /ally comply u+ith the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cot+Pnarlts set forth to sold note and this mortgage or either. In the event the mortgagor (ails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and thL
mortgage, or eIfher, the mortgagee may pay the same, without wnivfng or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
f ul rote then allou+ed by the laws of the State of Florida.
)l any sum of money IlPrein relem~d to 6e not promptly paid within thirty days next of ter
the same hPfOmPS due, or if each and every the agreements, atipulatiorls, conditions and rnvenanls of said
note and this morfgaye, or Pifher, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balnrtce unpaid ther+twn, shall forthwith or
thereafter, of IhP option of the mortgagee, become and be due and pnyab!e, anything in said note or herein
to the contrary nofu+itllstanding. Failure by the mortgagee to exe?cise any of the rights or options herein
provided shall not constihrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
I ~n ~JuIeSS ~h~eof, tI1P Said mortgagor has herrtrnfo signed and sealed these presents the
dAV And VPar Iirsf aho1~P tl+rfttPrl.
SlgnPd. Sealed an dP111~ d [a the prPSP/IfP Of
r
Mi a R. i
...._.._~'~_~2
eter H. McLeod
°e
I STATE OF FLORIDA, t
~ cOE,T~TY OF ST LUCIE
1 ~ I HEREBY CERTIFY that on this day, be[orc sae, an
o[[irer duly authorized in the State a[oresaid and in the County a[oresaid to take ackrwwkdgments, personally appeared
MICHAEL R. MEILEY and PETER H. McLEOD
to me known to be the person 8 described in and who executed the [oregoinq instrument and they acknowkdRed
Ile[orr me that they executed the same.
~YI"1:tiESS my hand and oflicial seal in the County and State last a[orrsaid this 7th daY ~
March A. D. 1979.
• . ~ - ~ ~ ~l
~VO•
r~.,.` ~ N Pwblic
~ ~ ~ State of Florida at Large
4:36936 ~ .
. ! ~ ; ; ; ~ My colmnission expires:; , .
z. ~ -
Es a~ ?fpTARY pu~K STATE OE fl.?RIDA AT E~tt~;' : _ ;~2
MY COk.MISSION EXFiiEi OCT • 1(i 19T~. ~ =
ptvOED iMRU GEtvifJ?l INS. Wr~EfU(Yfit_tEfit:: Q ~
.•••..i .~~i
57...
y,
Tltis hulni»
tnfl >r frd by:
S~ott M. Kenney, Esquire
;11/11r<-u MCDONALD r RENNEY & RUSSARIS r P.A.
1600 S. Federal Highway g~CX~ ~AC~~~
Ft. Pierce, FL 33450
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