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HomeMy WebLinkAbout0607 and ahall p~rJorm, romply wit{~ nnd abtde by roc.l~ and ~n~ery the agresmenti, sttpulatiorii, condiliona and couenants the?eo~. and oJ this mortpaAe, th~n t1~t! mo?tpu9e nnd !~e estats I~~reby crented, ahall eews, d~- le?mi~e and 6e null att~ ~roicl. - IhP mortgnpor hen+6y Jurthe~ cove~ants and agrees !o puy promptly wken dus th~ principa! and inferesl and olher sums oj money providetr ~or in aoid note and ff~b mortgage, or elther; to pay n~~ ond singu~ar f~e ta.res, assessmenfs, ~eutes. Iiu6llilies, o6ligalioni, and encuni6roncea oj every natwe on ~atd pro- pe?fy; t'o permif. commit o~ sujle~ no wnsie, impai~me~t or defe~ioralton o~ :atd land or fhe improvemenb IRerecn af any Iime: fo Ir~p ihe butl~Iings now ot he?~(tc~? on satd land ju~~y iruured 1n a aum oj nof ~ess ~han highest insurable value tn a company o~ companic~s accrpta6le !o the morlgagee, the pobc~r or poltctea to 6. hsW 6y, and pn~6b to, sai~ morlpagee. nn~ in Ihe eaent any sum o~ money 6ecomss ~xiyo6l~ 6y vtrtue o~ sucl? insurance f~~ morfgagee stia~~ haiK+ !~e right fo r~celve and apply fhe sane to the inde6tedness hereby sec~u~ed. aceounting fo I~e morfga~or ~or any au?plus; to pay n~~ cosfa, charpes, and expenses, inc~udtng ~awyer s~ees nnd fit~e searches, reasonnbly incuned or paid 6y the mortgagee 6ecause o~ t~e jni~u++e oj the morfgctgor to prompf~y ane~ Ju~~y rnmply wilti t~e agreemenls, stipu~alions, conc~itions anc~ rn~enanfs oj said nofe and thb mortgnge. or eiltier: fo ppr~orm, c^omply with and abide by each and every t~e agreements, stlpu~ntions, c~ont~Iftons anc~ coi~enanls set ~orf~ in said nofe ana thts morfgage or eittier. ~n !he event the mo?fgagor ~ai~s !o pay when d~ a?~y iax, assessm~nf, insumnce premium or other sum oj money puya6le 6y clrtue oj said note and. t~is • mor~gage, o~_ etther, t{~e morlgagee may pay t~e same, withouf wniving or a~(ecting the option to ~orec~ose - or rcny other rigl~f hprruncler, and alI sucli pnyments ahall bea~ t~terest jrom date lhereo/ nt tk8 h~ghe~t law- ~ul r~le then QI[~«~ed 6y ~hp lawa o( the State o/ hlorida. any sum oJ mon~y I~erein ref enec~ to be nol promptly paid wilhin 3 ~ c~nya neact af t~ thP same 6ecomes ~diie. ~r i( each and euery If~e agreements, stipu~ations, conditions ane~ covenants oJ satd note nnd this mortgage, or PI~l1Pr, are nol /ully perJormed, complied witk nnd a6~ded 6y. lhen the entire sum mentionecl in said n~fe, and this morlgaee, or t1~e entir+e 6alnnce unpaid tl~ereon, sl~all fortl~with or t/~eren~ter, af t~e opfion o~ the morfgageP. 6ecome and 6e due and poya6le, anyt~ing in satc~ note or hereIn to f~e contrary noiu~ithstanc~ing. Failure 6y ff~e mortgagee to exericiae any of t~e rig~t~ or optfons ~e?ein prot+ic~e~ sha~~ nol consfifute a u~aioPr o~ any rigtils or options unc~er said note or ltiis morfgage acc?ued or 1{~erna~l~r accruin{~. ` ~ ~ ~n ~itness ~{IP SOtI~ morfgagor'1(IS kereunto siqnetl ancl sealetl I~ese presents ~he ~ c~ay nnc~ ycar ~irst aho~~e tvriffen_ ~ ~ t Signed, a~ and deli~~nr ' the pr~sPnce of : ~i~ ` , - ~ . . - - ! - t Co elius- Mc z' - - - -~I.~•l~---, ~ --f,~-- ~nas M enz3.e Faye 9'x ' . - - - - - - ~ ~ i STATE OF FLORIDA. ~ 3 G~U:v'I'Y ~F Mar~in I HEREBY CERTIFY that on this day, be(orc me, an - officer dul~ authorized in the Stat~ aforcsaid and i~ the County aforesaid to take acknowledgmenu, penonally appeared F Cornelius P. McKenzie, and Inas ~aye McKenzie~ ~~e P ~ to me known to br the perso~ described in and who ezecuted the (or~qoinq instrument andth@y acknowledRed ~ Fxforc me that they executed the same. : t ~ N17'NESS my hand and o~ficial seal in thc County and Statc last a(oresaid this ,3 r day o( ~ • ~ Mdy A. D. 19 7 9 - r: ~ : ~ . • . • • . _ . : . - • - • ~ . - , . . ~ ~ ~ ; -,~~~x~ ~~l ~ N tary ubl c ~ ~ , ~9t~ 1~~1~ 13~ ~ 5 : ~ r~' • ~~s~~,oHUfu - My Commi.ssion Expires , y 'ii; :;7Ua , GQ_ ::I.ti. SZ~~~~14SA. . - . ~~T ~ I'?'1 ~'Y a j ~ `~"ld~Z_ " ~ - REC4'Rp 7~E~tiFtED ~ V ~ 44~s i ~ ~ ' ~ ~ 5 Tliu Inslrr~~,i~~r~ pnrpnrr~l by: Larry M. Stewart ~ Eg~, BGGI( W~ ~ACE ~ ' A~lrl,rss 401 E. Osceola St. Suite 102 f Stuart, Florida 33494 ~ ~ . ~ ~ ' ~ ~ . _ _ - - - ~ ~ ~ = ~ ~r~`'~'xr~.'%4~v~~^f T-c~'x^~*.~`'4 : ~ur` ~ r ~ ' ~ . . . . . . . 1.«.