HomeMy WebLinkAbout0039 and =hall pe?jorm, rnmply with and abide by each and every the agreements, stipulations, conditions and
rnvennnts thereof, and of this mortgage, then this mortgage and the estate hereby created, shall erase, de- •
te?mine and be null and trotd.
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I~~ the mortgagor pert+by jwther covenants and agrees to pay promptly when due the princlpa~ and '
interrst and other sums of money provided for to said note and this mortgage. or either; to prey all and ~
singular the taxes, assessments, levies, ltabilitiss, obligations. and encumbrances of every nature on said pro- ~
perly: to permtl. rnmmif or auj/er no waste. tmpairmenl or deterioration of :aid land or the tmprouemenb
thereon at any time;_to leeep.the buildings now or he?eajter on spill land fully tnsttred in a sum of not less
Than SBVBN THQUSAND BIGllT HUNDRED FIFTY ONB DOLLARS ---No~100---------------
in acompany or companies accsptabb to the mwtgogee, the policy or poltciea to be held by, and payable
fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such tnstuanes the
mortgagee shall have the Mghf to receive and apply the same to the tndebtedness hereby secured, amaunttng
to the mortgagor for any stuplus: to pay all c~osfs, charges, and expenses, tncltiding lawyers jea and tttb
searches, reasonably tncrtrred or paid by the mortgagee because of the jailors of the mortgagor to promptly
and /ally comply with the agreements, stipulations, eortditions rend covenants of said note and this mortgage.
or either: to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and 1
covenants set forth In said note and this mwtgnge or either. In the event the mortgagor jails to prey when
due any tax, assessment. insurance premium or other stun vj mo?tey payable by virtue o/ said note and this
mortgage, or either, the mortgages may pay the same, without tuaiving or ajjecttng the option to foreclose
or ony 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 referred to be not promptly paid within days next after
the same becomes dtte. or fj each and every the agreements. stipulations, rnnditiofts and covenants of said
note and Ibis mortgage, or either, are not jolly performed. complied with •nnd abided by, thlan the entire
sttm mentioned in said note, and this mortgage, ar the entire balance tutpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgages to exercise ony of the rights or options herein
provided stroll not constitute n waiver o/ any rights or options under :aid note or this mortgage accrued or
thereof ter scenting.
~n ~he~eof, the said mortgagor has hereunto signed and scaled these presents the
day and year first above written.
Signed. sealed and Jelin red in the presence of
/ ~
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.
~ C ~ / Michael P. McMtl<h
Julia McMahon ~
STATE OF FLORIDA. -
COUNTY OF St.Lucie -
I HEREBY CERTIFY that on this day. before tae. an
officer duly authorised in the Stag aforesaid and in the County aforesaid to take acknowledgments, petwnaUy appeared
Michael P. McMahon and Julia McMahon, his wife ,
to rnr known to be the person 8 described in and who executed the fore[oityt instrument and tj1ey acknowkdSed
before me that they executed the same.
WITNESS my hand and ofrcia! seal in the County and Stag last aforesaid this 2 dad of
OCt. A. D. f9 80
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N~tA>t7 olrilK SIATt 1N 1[Ok4~w /1i KKR -
ief;~ { -3 ~t' . 2f. ~ Mt COMMISSION FXIIRfS IAAY~'.~ 1~f
- i+ WNOr(1 'riG' GEtrfRAt, 11'6. {<~WbT~S
l'..I~ l .ii~~i ~ i 1 A . .
eGi;t.~: F'CITf~: S
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Thu hts/nuneuf p,rpnlr~l by: Jackie Talalnine -
p,/,/arcs Southeast First National Bank ofPt. Pierce -
P.O. Boa 970, Ft.Pierce, Fla. 33454 gl~p(~~,,'~ P~
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