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HomeMy WebLinkAbout0980 e . rend shall perform, comply with and abide 6y each and every the agrwtrtenb. aNpubftoni. eonditiau aced eot~enanta thereof, and o/ this mortgate, then !Iris mortgage and the estate hereby created, shall cease, de- termine and 6e netll and void. the mortgagor hereby further eovenanb and agtwa to pay promptly when dw the principal and interes! and other sums of money provided for in sold note and this mortgage. or either; to pay all and singubr the taxes. assessments, levies, liabi&ties, obligations. and encumbronees of every nature on said pro- perty: to permit, commit or auf jer no urwts. intpatrntent or detertot+atton of said ~bnd or the improwmenb thereon at any time: to beep the buildings now or herrajter on said bred fully tnaund to a stun of not less than the highest insurable value. in a rnmpany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and to the event any stun of money becomes payable 6y virtw bj such insurance the mortgagee shall have the right to receive and apply the some to the indebtedness hereby secured, aoootutttrtg ' to the mortgagor for any surplus; to pay all costs, charges, and expenses, including bwyers Jess and titb searches. reasonably incurred or paid 6y the mortgagee 6ecntue of the failure of tits mortgagor to promptly and fully comply with the agreements, stipubtioro, eonditions and covenants of said note and lhts mortgage, or either: to pert otm, comply with and abide by each and every the agreement,. itipubttons, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fai4 to pay when dw anp tax, assessment, tttatuance premitun or outer sum of money payable by virtw of said note and this mortgage, or either. the mortgagee may pay the same, without waiving or ajf toting the option to f orecbse. or any other right hereunder, and all such payments shall bear interest from data thereof at rite highest bw• . (uI rate then allowed by the laws of the State of Florida. any hum o/ money herein referred to be not promptly paid within 15 doys next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenant, of sold note and this mortgage, or either. are not jolly performed, complied with and abided 6y, then the entiro stun mentioned in said note, and this mortgage, or the enttr+e 6ab.tc~e unpaid !hereon, shall forthwith or thereafter; at the option of flee mortgagee, 6econte and be due and payable. anything in said note or herein to the rnnfrary notwithstanding., Failtur 6y the mortgagee to exercise any of the rights or options herein provided shall not rnnstit~tte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~uleSS the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed. sealed and delivered in the presence of . O S McLOCKLTN ..w - :._.._...---.---...Q9 WANnA cLOCI~.IN STATR OF FLORIDA, cout~rrY OF ST . LUCIE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Sate aforesaid and in the County a[oresaid to take acknowk?dgments, personally appeared THOMAS McLOCKLIN and WANDA McLOCI~.IN, his wife to me known to be the person Sdescn'bed is and who executed the forcgoiryt itutrument and they ackaowkdBed before me that e1leyexecuted the same. Wi1'NESS my hand and official seal in the County and State last aforesaid this -iC. day of tttl{ti: NOTARY PUBLIC ~ - '_.•.,•.~rr%J 'a I 7 . ~ r....cs»... MY COMMISSION EXPIRES . - • ~i£b !fat. :t•~!r Il SL Lll'lE COJft f Y. F t A. fte'K:i:fY f CiTRA5 77ia I,cr~rumrnt prrpiard by: Zelda kaber Addru 30l?7 , yl r ort Pi ~ rcP, :•Yla 3 ?i:5~ Fd~ P~Gf .