HomeMy WebLinkAbout1114 and shall pert
ornt, comply with and abide 6y each and every the agreements. sHpulntioni, conditions and
rnvenanls thereof. and of this mortgage, then this mortgage and the estate hereby created, shnU cease, de-
termine and be null and void.
fhp mortgagor hen~by ftrrfher rnvenonts and agrees !o pay promptly when dw the principal and
interest and other sums of mo?tey provided for to said note and this morlgogs, or either, to pay all and
singular the taxes, assessments, Ieutes, Itabilitiea, obltgotions, and encumbrances of every nnttsn on said pro-
perty; fo permit, commit or stiffer no waste, impairment or deferiorolion of said land or the Improvements
Ihprpcn al arty limp: to beep the buildings rtow or hereafter on said land fully insured in a sum of not less
than highest insurtllbl@ Vdlue.
in a company or companies acceptable fo the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y tutus of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured. accounting
' to the mortgagor jor any surplus: to pay_all costs, cho?ges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgago? to promptly
and jolly comply u~ifh the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or.either. In the event the mortgagor jails to pay when
due any tax, nssessment, insurance premium or other sum of money payable 6y virtue of snid note and this
mortgage, or either, the mortgagee may pay the same, without waiving or nffecftng the option to foreclose
or any othet right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f trI rote then allou?ecl by the Iau?s of the State of Florida.
~l any strm of mortpy herein referred to be not promptly paid within dirty drys next after
the same becomes due, or if each and every the agreements, sfipulotiorts. conditions and eousnants of snid
note and this mortgage, or either, ore not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire bnlnnce unpaid thereon, shall forthwith or
' thereafter, at the option of the mortgagee, become and 6e due and payn6le, anything in said note or herein
to the conlrory notwithstanding. j'ailurp by the mortgagee to exercise any of the rights or options herein
provided shall not cortstittrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~t~~SS ~h~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Sign sealed and delivered in the presence oJ:
M x Y,
CABBIE MCMILLI
j STATE OF FLORIDA,
couNTY of St. Lucie
I HEREBY CERTIFY that on this day, before me, an
4 officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Mozelle McMillian and Carrie McMillian his wife
P
to me known to be the persor4$ described in and who executed the foregoing instrument and W]~p acknowledged
` before me that they executed the same.
.
u N~ITNESS my hand and official seal in the County and State last aforesaid this 3rd day of
~ _ ~'~i~:'~pri1 A. D. 19 79
= p ~ = ~ NOTARY PUBLIC
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s(,n ~,~•.•`'~eY commission expires: •~l~ RECORDED
_t• Y fl.A.
1 . ~ - Large ~`.1C E Y ~'U~T .EG
'79 ~,~R 4 AN I i : 15
C~~F.Y. CtRrii?T COilR1
l~iu hulninan~ papmrd by:
n~ld't~ BOGK 3U6 FacE 1113
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