HomeMy WebLinkAbout0610 and shall perJornt, comply witl~ a~tl a6tds by each and et~ery the'b,?eemenli. ~Upulaltoria, condttiona and
co~~enanls tl~ereoj. and o~ il~is mortpas~o, I~en thts mortga9e and Ihe e~tat~ here6y created, s1~all ceass, d~-
termtne a?~ I~e null anc~ iwicl.
~ 1{~p mwfgaflor heri~by (urlher rnvenanfa and ag?ees to pay promptly whvn due tke prtnctpu! and
intee+e~sl and other sumt oJ rnoney provi~ec~ fo~ in said note nnd fhia mortgage, or eifher; to pay a~~ and
singu~ar Itie faxes, assessmenfs, ~eutes, Ito6ililiet. o6~Igaflons, and encumbrances oj s~ery nature on sn~d pro-
perfp: fo permil. commil o~ su(jer no wwte, impa(rment or defeAorufto~ o~ satd la~d or the tmprouemenb
, thprecn a1 any Iime: lo kr~p the butldings now or I~erpaf
f~~ on said Iand ~ully tnsured tn a sum oj not lesa
ihan ~ hiqhes't insurable value
in u~~ompany or companies acceptable to Ihe mo?tgogee, the pobcy or policies to 6. hetd 6y, and pnya6le
to, saic~ mortgaqee, ancl in fhe euent any swn o~ money 6ecornea ~ya6[~ by virfue bf such i~surancs t~e
mortga~ee sl~all have the ri91~t to recei~ and apply the same to the indebledneas 1?ereby secured, aeoounttng
to t~e morlga~or ~o~ any s~uplus: !o pny a~~ c~wfs, cha?ges, and expensea, fnc~uding ~nwye~ s Jees and tit~e
searctips, reasona6ly incurrecl or ~td 6y f~e morlgagee because o~ fhe ~oi~ure o~ ttie mortgagor !o prornptly
an~ (u~~y comp~y u?tth the agreements, afipu~ationa, conditions and covenant: o~ said note and i~ts mortgage.
w eitf~er; to pe~orm, comply witk and a6ide 6y each nnd euery lhe agreeme~li, stipu~atioru. condifiont nnd
covenants set ~or1l~ in snid note aRd thts mortgage or either. In the event the ntorfgagor /ails to pay when
c~ue? any fax, assessmenf, insurance p?emium or olhe~ sum o~ money payubl: by vtrtue o~ saia note and thia
mortgage, o~ eif{~er, 1{~e mortgagee may pay ttie sane, wIthout wniving or a~fecfing ihe oplion to jorec~oae
or any oiher ripht herpunder, and alI suc1~ payments ahnll 6enr interest (rom dute thereo~ at tlie F~igl~est law-
(ul rale t6en allowecl by tF~e Iau?s oj the Slale of F~o~aa.
any sum oj money {~erein re(errec~ fo be nof promptly paid witl~in 3O doya next nfter
tl~e same 6ecomes due, or i~ eac~ and euery ii~e ag?eements, slipu~ations, conc~itions and covenanb o~ said
note and tl~is morlgage, or either, are not (ully per/ormed, complied witl~ and a6~ded 6y, tlten .the enlire
sunt mentioned in said note, and tF~is morlgage, or tl~e entire balnnce unpaid thereon, shull forthwitR or
thereajter, at th~ option o~ the mortgapee. 6ecome and ~ clue und pnya6le, anytl~ing in said note or kerein
to f~e confrary nolu~ithsfancling. Failure 6y tl?e mortgagee fo exer+cise any o~ ttie rights or options keretn
proi~ided shall nnl consliluip a u~c+ii~pr o~ any ?ig{~Is or oplions under said note or tl~is mo?tgage accrued or
I~pree(ler accruing. .
' ~n ~~L1LQ~ ~1~7~~1~ !he said mortgn,qor ~ns tiereunto signec~ an~ sea~ these presents the
~aY anc~ year jirsf aho~~e ~ivritfen.
Sig ecl. a and eli~~ere ' I~e prnse?ice o(:
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C4RNELIUS P. McKE
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AS FAYE cKENZIE /
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~ STATE OF FLORIDA, ~
i
E C(~UNTY nF M1~RTIN i NEREBY CERTIfY that on this day, before me, an
~ offieer duly autAorized in the Stat~ aforesaid and in the County aforesaid to takc acknowledgments, personally appeared
~
! CORNELIUS P. McKENZIE and INAS FA~E McKENZIE, His wife
} to me known to be the person S describcd in and who ex~cuted the forcgoinq instrummt and they~kfO~"~~~
~
~ Ixforc me that they ~xecuted the same. .
2~
; N'17'NESS my hand and o((icial seal i~ th~~ County and Statc last afor id this ? day oE
; May A. D_ l9 7 9
Y
~ . ~ . .
; ~ ~ ~ - ~ Not ry lic
= ~ ` ~ ~ . . 19Z~ ~?AY -4 3~ 4S
_ ~ 0 ~ . ~ My Commission Expires
_ ~r ~~icta"r~' ~R~) ~p~~i~. /2j/~ 3 / !`8'Z
. ' . ' • ~ ~f.iRG~T
RAS /
a v~~ . U~ ~ -:f: RECORBYER~tEC -
_ . : . . . 44~s ~
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~ Tlru I,u~rrancn~ prepa~rd by: Larry M. Stewart, Esq.
~ ~~~a~,~ 401 E. Osceola St. Suite 102 QQ~R~~p ~E
Stuart, Florida e WC7 V
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