HomeMy WebLinkAbout1902 artd shall pe?(o?m, comply with and abide 6y each and every the agreements, sflpulalion's. conditions and
cotrenanls thereof, and of Ihis mo?tgape, then Ihis mortgage and the a:fate hereby created, shall cease, d~-
ferminennand~ 6e null and ewid. ,
R!!~ 1he mortgagor hen~by jurlher covenants and agrees to pay promptly when dw the principal and
interest and other sums of money provided for in said note scut thiY mo?fgage, or either; to pay all and
singular the taxes, asseaampnta, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to perrrtit. commit or suf
jer no waste, impairment or deterio?alion of said land or the improvements
Ihrrecn al any lime: to Irppp Ihp buildings now or hereafter on said land jolly tnserred in a sum of not less
than or highest insurable value.
in a rnmpany or companies acceptable to the mortgagee. the policy w policies to be held 6y, and payabb
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured. accounting
fo the mortgagor for any surpltu: to pay all coals, charges, and expenses. including lawyers jeer and title
searches, reasonably inctrr?ed or paid by the mortgagee because of the jatlure of the mortgagor to promptly
and jolly rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply u~ilh and abide 6y each and every the agreements, stipulations. conditions and
covenants set jorfh in said note and this mortgage or eithe?. In fhs event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving ar affecting the option fo jorFC[ose
or any other right hereunder, and all arch payments shall bear interest from date thereof al the highest law-
ferl rate then allotverl by the lours tf fhp Mate of Florida.
any sum of money herein referred !o be not promptly paid within thirty days next ojter
fhp same becomes due, or if each and every the agreements, stipulations, conditions and rnuenanfs of said
not.r and this mortgage, or either, are not jolly performed, rnmplied with and abided by, then the entire
sum mentioned in said nofp, and this mortgage, or the entire balance unpaid thereon. shall forthwith or
fhpreajter, at the option of the mortgagee. become and 6e due and payable, anything to said Hots or herein
to the confrory nolu~ilhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitetfp a waiver of any rights or options under said nofp or this mortgage accrued or
fbprpa(fpr accruing.
~n ~~u1eSS ~IKLL~`e the said mortgagor has hp.runto signed and sealed these presents Ihp
day and year jirsf above u~ritfen.
Signed, sealed and dpliner d in fhp presence of
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GEO$GFi
.
CARITgA McNEAIR
STATE OF FLORIDA.
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before tae. an
[ oliicer aulj authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu. personally appeared
€ GEORGE McNEAIR, JR. and t,ARITHA McNEAIR, his wife
to me known to be the persons described in and who executed the torcgoinR instrument and they acknosrkd~ed
heforc me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid thu 4th. day of
November A. D. 19 $0
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506495
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