HomeMy WebLinkAbout1905 and shall pe?jorm, comply with a?td abide 6y each and every the agreements. stipulations, conditions and
rnvenanls thereof, and of this morfgaps, Then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and troid.
I~IN~ flip mortgago? hen?hy further covenants and agrees to pay promptly when dw llte principal and
interest and other sums of money provided for in said Hots and Ihts mortgage. or either; fo pay all and
singular the lazes, assessments, levies, liabilities. obltpafions, and encumbrances of every naftu~e on said pro-
pe?ly: fo permit. commit or suffer no wwte, impai?menf or detertorotton of said Land or the improuemenls
fherecn al arty time: to beep the buildings now or hereafter on said Land fully insured in a sum of not leis
than or highest insurable value.
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event arty sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the ?ight to receive and apply the same to the indebtedness hereby sectu~ed, accounting
to the mortgagor for any surplus; to pay all rnsfs, chargos, and expenses, incltrdtng lawyer's fees and fitb
searches, reasonably inctrrrerl or pptd by the mortgagee because of the jailtrre of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and eouenanfs of said note and this mortgage.
w either: to perfo?m, rnmply with and abide 6y each and every the agreements. stipulations, conditions and
covenants set jo?1h in said note and this mortgage or either.- In the event the mortgagor jails to pay when
die any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
morfgagn, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other righ! hereunder, and all such payments shall bear interest from date the?eof at the highest lain-
lttl ratetthen allotuerl by flte Iatus of the State of Florida.
~l a?ty sum of mortpy herein referred to be riot promptly paid within thirty days next after
the same becomes dire, or if each and every the agreements, stipulations, rnnditions and couenants of said
Hole and this mortgage, or either, are riot fully performed. complied with and abided 6y, then the entire
suns mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofu~ilhsfanding. Failure by the mortgagee to exercise any of the rights or opffons herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~I~~SS ~h~Cenf, flee said mortgagor has hereunto signed and sealed the:e presents the
day and year first above written.
Signed, sealed and deliver in the presence of : -
-GR G ~ JR.
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I ~~RITRA Mc?~EAIR
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STATE OF FLORIDA, -
~ COU:vTY of ST. LUCIE
~ I HEREBY CERTIFY that on this day. before rne, an
officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
GEORGE McNEAIR, JR. and CARIT4~A McNEAIR, his wife
to the known to br the prrsort3 described in and who executed the foregoing instrument and they acknowledged
€ bcforc me that they executed the same.
B ~YI'1'NESS my hand and official seal in the County and State last aforesaid this ~jth. dar d
November A- D. lg 80
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N tary Public
y commission expires:
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