HomeMy WebLinkAbout2409 and shall perjornr, comply u~ifh and abide 6y ench and every the agreements, stipulations, conditions and
cot~ena?tfs tlterPOf, and of this ntorfgage, then this morfgagP and the estate hereby created, shall cease, de-
termine]~and be null and void.
nn~ the mortgagor Itervby further covertanfa and agrees fo pay promptly when due the principal and
internst and other sums of money provided for in snid note and this morfgnge, or either, fo pay all and
singular fhP fAXPa, assessments, lPVlPa, liabilities, obligations. and encumbrances of every nature on said pro- '
perly; to permit. commit or suffer ?to waste, impairment or deterioration of said la?td or the improuemenfa
fherncn of any limp; to lrPPp the buildings now or hems/ter on said land fully insured in a sum of not less
fhnn full insurable value thereof
in n company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgogPe, and in fhP Pt~ertt any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo receive aced apply the same to the indebtedness hereby secured, accounting
to fhP mort~ngor jar any sttrpltrs: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, rnasonnbly incurred or paid by 1hP mortgagee because of the failure of the mortgagor to promptly
and fully comply u~itlt the agreemPrtfs, stiptrlalions, conditions and covenants of said note and Ibis mortgage,
or either: to perform, comply with and abide 6y each and every the ngreements, stipulations, conditions and
covenants set forth in snid note and this mortgage or either. /n the event the mortgagor fails fo pny when
due any ta.r, assessment, insurance premium or other sum of money payabht 6y virtue of said note and this
morfgagP, or ciflter, the ntorfgagee may pay the same, urifhotrf urniving or njjecfing the option to foreclose
or any other right hernunder. and all s~ech payments shall bear interest from date thereof of the highes! law-
ful rate then allowed by the lams of the SIQIP of Flo?ida.
~l any sum of monPv hemir: rnjerrnd to be not promptly paid within fifteen days next otter
the same becomes due, or ij each and every fhP agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, am not fully pprjormed, complied with and abided 6y, then the entire
I sum menfionerl in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
i thereafter, at flte option of the mortgagee, become and 6e due and payable, anything in said note or herein
f to the contrary nofurifhstanding. Failure by the mortgogPe !o exercise any of the rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
Thereafter accruing.
~n witness ~heCeof, the said mortgagor has hernunfo signed and sealed These presents the
day mul year first nl?orP rvriften.
Slgrlecl, SPAIed and (Ie111'ern(1 In fire pMSP?ICP Oj: ~ f
- ~ ~~G
HN W. Mc L
I ~ •
~ ~ - - U~ . - _ _ _ . _ _ . _ - - - • -
REN S. Mc~Y
e
- -
i
I
STATE OF FLORID:1,
~ cOt-~TV c)1- ST, LUCIE
~ I HEREBY CERTIFY that on this day, before me, an
! officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JOHN W. McCULLEY and KAREN S. McCULLEY, his wife,
to me known to br th~• persons described in and who executed the forrgoinq instrument and they acknowledged
Ix•fon• nu that they executed the same.
~~"1"l \F,SS my hand and official seal in the (:ount}• and State last aforesaid this ],$t day of
November A. D. !9 79
t lE0 AM!' ~ ~~:ED NO ARY PUBL~C,~:-S~ ~ of~~i •
s~.~uct~ ~ Ft.~. at Large - :a~ z
- ,t , _
~ RECO:• ~ _ M Commissi(~~j~' ; E 1.
• ~ t
~fC T 3 49 P~'7.9 1217 j$2 : d„•• 2:•'
~f.•
ice'/'' 1~~ ~ ±i F:T~~~~,.
452
%i. laf~nrnrr-rrl prrpnrr-J by - Edgar A . Brown , Esq . r~
.1 J,lrr.~s Post Office Box 4382 a!}rK J~~ PlCE~4~
~ Fort Pierce, Florida 33450 -