HomeMy WebLinkAbout1452 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
cotenants thereof, artd of this mortgage, then this mortgage and fhs estate hereby created, shall cease, de-
termine and 6e null artd toad.
nIN~ Ihp mortgagor Itert~lry jwfher covenants and agrees to pay promptly when due the principal and
tnteresf and other sums of money provided jor in said note and this mortgnge, or either; to pay all and
singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
lher+ecn al any limp: to beep the buildings pour or hereafter on said land fully insured in a sum of not less
than
in n company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the etrent any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the moNgagor jor any surplus; fo pay all costs, charges, and expenses, including Inwyer's Jee: and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and jolly comply urifh the agreemertfs, stipulations, conditions and covenants of said note and lht: mortgage.
or either; fo perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor foils to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or eiflter, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the big t w=
jut rate `flten allowed by the laws of the State of Florida.
~l any sum of money Iterei?t referred fo be not promptly paid within 3o days ~ exf after
the same becomes due, or ij each and every the agreements. stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said Hole or herein
to the contrary noturithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n waiter of any rights or options under said note or this mortgage accrued or
thereajft•r accruing.
~n ~~ulQSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first abote written.
n 1, sealed and dP ' ere i the prnsence oj: ~
t.
L A.
, -
RINA
® :
STATE OF FLORIDA, ) }
COCITY OF St. Lucie i i:=~i~~'~3`
a..; -
' I HEREBY CERTIFY that on this dR~"~r1i~i
-~+~-ij~~'-~'~'
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i officer duk authorized in the State aforesaid and in the County aforesaid to take acknowledgments,..- j ~ ~
MICHAEL A. KEAIL'JEY and TRINA J. KEARNEY his wife = L' ~ ' ~ ~
i to me known to be the person described in and who executed the foregoing irutrument and - Qek -.~i s
~ before me that they executed the same. • 4~
$ ~1'17:rESS m hand and o!(icial seal in the Count and State last aforesaid this .
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i9Z9 I?'~ 25 Phi 1= 51 NoT~R„ n„pe-
' Fli_EO AnG'!~GUrul.~ .~O i ~ SST. 619"7 9
a ST.LUCtECO(1NiY.FIi:. ~C+~'lflillLii~.{X,pf~yt~, ra J ~
ROGER POITRAS ;
CLERK C:RCE`IQT C Ufrj~
445'754
5 i
LAWYERS TITLE INSURANCE CORPORATION `
a l7ru hulnnn~al prr'pnrr~d by:
f R. David Shuman, Jr. U R tJIJV PAGE1451
A~Jdrr-.u Post Office Box 3845 BOOK
Fort Pierce, Plorida 33450
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