HomeMy WebLinkAbout1685 and shall perform, comply with and abide br each and every the agreements, stipulatbn's, oondittons end
cot?enants Thereof, and o/ thb mortgoae, then this mortgage and the estate henbr cwated, shall cease, de-
te?mtne and be null and twirl.
the mortgagor Newby further covenants and agues to par promptly when dui the principal and
interest and other auras of money provided joy to sold note and thb mortgage, or either; to pay all and
singular the faxes. aassasmenta, levies, Itabiltties, obligations. and encumbrances of every Wotan on sold pro-
perty: to permit, commit or auf
jar no waste. impairment or deterioration o/ sold land or the improvements
thereon at any time; to beep the buildings now or hereafter on said land /ally insured in a sum of not less
than full insurable value.
to a company or rnmpantes acceptable to the mortgagee, the policy or polkies to be held by, and parable
to, sold mortgagee, and in the event any sum of money becomes payable by virtue bf such insurann the
mortgagee shall hate the right to receive and apply fhs same to the tndebfedness hereby secured, oec~otulttstg
to the mortgagor joy any surplus; to prey all coats, charges, and expenses, including lawyer i j.e, and tltb
searches, reasonably incurred or paid by the mortgagee because of the jatlun of the mortgagor to promptly
and fully comply with the agreements, stipulations, rnndittons 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
rnvenanta set forth in avid note and thb mortgage or either. In the event tke mortgagor jails to par when
due any fax, assessment, instcrance premium or other sum of money payable by virtue of said note and fhb
mortgage. or either, the mortgagee may pay the same, without wniuing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein re~erred fo be not promptly paid within 30 days next after
the same becomes due, or ij each and every the agreements. stipulations. condition: and covenants of mid
note and this nto?fgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in :aid note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thert~fter, at the ~opfion of the mortgagee, become and be due and payable, anything in said Hula or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
_ plbvided shall not constittrfe a waiver o an ri his or o lions under said note or this mart a e accrued or
}•thereajter accruing. -
~n whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year /first nbone u~rilfen. ;CIS IS A BALLOON MORTGAGE AND THE FINA! PA
Signed. algid and delis+Pred in the presence of 0 THE BALANCE DUE UPON~AATURITY IS "
- ~ 7 ETHER WITH ACCRUEp INTEREST, IF ANY, AND
.~WCEMENTS.. MADE_ BY _ THE.. MORTGAGEE . U
Gj ~ S THIS MO 6
rge Mc ug i
-
: Ma et McLau hlin
r
E STATE OF FLORIDA,
i COLNTY OF St. Lucie
~ I HEREBY CERTIFY that oo this day, before ttx, :n
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
George F. McLaughlin and Margaret McLaughlin, his wife
to tru- known to be the parsons described in and who executed the foregoing instrument and they acktwwkdged
I~eforr me that they executed the same.
w'17:'NESS my hand and official seal in the County and State last aforesaid this day of
456859 ~ ~ .
•
~ itLEO Atr`0 RECOkO£0 Its I • a4 O~
ET.LUC{~ COUNIY.FLA. ~ 1IdA ~~E , ,
ROGERt'QITRA5 #1r i~0A~AMrONfAQ~SAtJQ ?'1•-
CLERK CIRCUIT C~Ui ~~~~At>11~, Wt~ttwRt*~
RECQR4 ~"RtFtED~ ~ ~ 1
t ~ ' `
l7iu hu/ruuard p~+. H. GOLDMAN _ ~(1~ -
i1 c>?i/ass ~ ~ 71t+orney et Law W~ P~~~~
,028 S. Federal Highway