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HomeMy WebLinkAbout1716 - ~ - - _ .ti. _ . _ _ - and shall perform, comply tuith and abide 6y eacK and every •the agreements, atipulntton'a, conditions and covenants thereof, and of this mortgage, then this mortgage and the eafate hereby created, shall cease, de- termirte and be null and troid. 71~ the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and irtferrs! and other sums of money provided (or in said note and this mortgage, or either; to pay al/ and singular the fares, assessments, levies, liabt[tfies, obligations, and enctunbnances of every nature on said pro- perly: to permit, commit or sttf jer ?to uraste. impafrme?tt or deterioration of said land or the improvements fherecn at any time; to keep the buildings now or hereafter on said fond fully insured in a sum of not less than highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and fn the event any sum of money becomes payable by virtue of such insurance the mortgagee shall hone the right fo receive and apply the same to fire indebtedness hereby secured, accounting to the mortgagor for nny surplus: fo pay all costs, cha?ges, and expenses, including Inwyer's jeer and fide searches, reasonably incurred or paid 6y the mortgagee 6ecattse of the jailttre of the mortgagor to promptly and (ally comply with the ngreeme?tts, stipulations, conditions 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 covenants set forth in said note and-this morfgnge or either. /n the event the mortgagor jails fo pay when . due any tax, assessmentt, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eiflier, the mortgagee may pay the same, without u,oiving or of fecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rote then allowed by the taus of the State of Florida. ~l arty s??m of money {tprpin sefPrrpd fo 6e not promptly paid within thirty Jaya next after _ the same becomes due, or ij each and emery the agreements. stipulations, conditions and covenants of said note and this mortga~fe, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said mote, and this mortgage, or the entire balance unpntd thereon, shall forthwith or thereafter, of the option of the mortgagee. become and be due and payable, anything in said note or herein to the contrary nottt~rthsfanding. Failure by the mortgagee to exercise any of the rights or options herein F:+ovided shall not constitute a Wainer of any rights or options under said note or this mortgage accrued or tltereaJter accruing. ~n ~itneSS ~heCenf, the said mortgagor has hereunto signed and sealed these presents the day and year first above torilten, In the event the property above described is sold, th~egobli~pation secured herein shall. become due and payable in f 9i ?Jearlt sealed a°~ t?/eliinrec9 ~n ifieet? mo r Pgo$g e 1 ~ e s M. McKeeve C audia H.. McKeever - - - ~ - l - - - - - - - - .STATE OF FLORIDA, COC\TY OF St. Lucie I-HEREBY CERTIFY that on this day, before me. an officer dulg authorired in the Starr aforesaid and in the Gounq• aforesaid to take ackrwwledAmcnts, personally appeared JAMES M. McI~EVER and CLAUUTA H. McKEEVER, his wife to m~• known to tx• the person 8 descrilxd in and who executed the forr¢oinq instrument and Who acknowledged I,rfor~• me that Ohey executed the same. /~N'~I1:\E~SS my hand and official seal in the County and State last aforesaid this day of ~ ~ ~ 4+ r • , . Q..i ' ~ G;:y; - Nota y Publi ' ^ ~ • Nw..r (~1sblic tiM. of p.rw. ~ ~'3a ~a~?tJr My Commission Expires: e1~N'Mru""""'1e"~"' I ,a...r,? ~t+, i~os 19n0 A°R 17 PI! 2= 17 r -Zx -S 3 •FILEO Ah0 t!fC4RUtU ' ~f:l'UCIE C0;lNTY.FI.A. =RQHER f OITRAS :~ttc.clRCUIT cc %is Ins~ni)nfnl pn~ufrr•d try: ~s~ Arl/rr~rs B[IOKe~ Ph'CE~,71~ !t ~