HomeMy WebLinkAbout0405 nnd shall porforrn, ramp~y ~uttfi an~ nbide hy e.ac~~ anc~ erery the agreemenls, at~pulatiorea, crn~t!luns qnd
co~~en~ints lherc~~j, and o/ il~is mortpage, then ~his mortRage ond th~ e:tate hereby rreatetl, ~hal[ cease, de-
termine anr~ be nul~ an~I i~old.
. ~k~~ the mo~lgapor l~eraf~y f
urlhcr covenanfs and aB?eea 1o pay promptly when clue tJ~e prlnctpal ancl
tnterest and othe~ sums oj mon~y pro~~tded /or tn ~~td ~ofe and thta mor~pager, ar etthe~•; 1o pay aII and
atngular 1/ia fpxe~, asaessme~~l~, ~evtes. IinGilitiea, obllgafions, anc~ eneur+zbnance~ o/ euery nature on i+atd pro-
perly; to permit, commit or suf(er no waste, Impatrmertt or cleterlorre!!on ofr aaid ~and or the tmpmvernenb .
the?ron af any ttme; ~o keep the build~ngs now or hereajlc~r on snid ~an~ jul~y In~ured in a sum of nut jess
. thaR its insu~rable value . . ~
in a company or compantes ucceptahle to !he martgagee, the po~icy or po~icies to be held 6y, and payab~e
. to. aaid rriorfgagea, and !n i1~e even! any sum~uf rnoney becomea ~,yubt~ 6y viNue a~ aucFt insurafice tj~e
. mortgagee shQII hnve l{~e ~I~{?t to receiv~r and apply tf?e same to t1?e tndebtedness hereby aecured. accounting
to the morlgnpor ~or nny si~rp~[~.s; to pay al~ costs, chaeges, and expenaes, inc[uding jawyers fees and t~tle
searches, reasona6ly incurrecI or paid by ihe mortgugee Eecause oj the ~al~ure of !he martgagor to prompt~y
~ and juliy cvmpiy with the agreernents, stipulatiQns, conditions and cavenants of said note and t~ts morigage,
or either; to perf
orm, comply with and abide bp enc~? and euery the agreemenfs. stipu~attoiu, cordj~~ORS ared
coz~ena.fs get ~orth in ank~ note and :hts mortgage or either. In t~e evsnt t~e mortgngor laila !o _ pay urFan
c~ue any lax, assessmsnt, tnsuru?ice premtum o~ ot~er sum o~ money Faya6te by uiriue sai~ ~ote and thts -
. mortgage, or. either. tho mortgagee may ~y ~he same, without watving or af
fecttng !~e option to ~oreclose ~ -
_ or any olher r~ght F~e?eunder, and aII such payments ahall bear intereat ~rom date tF~sreo~ a! ihe highest law-
' - {uI rale then allou~ec~ by tf~e laws of the State o/ Florida. .
~ any sum oj money herein rejerred to be not promptly paid witl~in tjl j,rty days nexf cjter
the s~me becomes due, or if each and every ihe agreements, stipulations. ronditions and cuvenants. ~oj sacd
note and this mortgage, or eitFier, a~e not jully ~erJormed, complted w~tF? ar,d o6tded by, tfsen t~e entire ~
_ sum meni~onEC{ in said note, and this mortgage, or tlte entlre ba:an~e unpaid F~ierec~n, shnll /orthwith or "
thereajter, at_ the option of t~e mortgagee, 6ecome and 6e dus and puyable, anytTttng dn said note or herein
to the contrary riolwit~?standing. Fai~ure ~y the mortgagee !o exer+cise u.iy of the righfs or optlans herein
providecl s{~a~~ not constitufe n waiver oj any rights o~ options under said r.ate or this mortgage accruec~ ar
Ihereajter acetuing. - - ' ` .
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. ~n ~li~~~~ the said mortgago~ F~as F~ereunto signed and seaIed these presents the .
. i~ay ~n~ yenr (irst a6oue written,
_ . sealed ar elivered in t~e presence oJ: ,
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' ''7Alt'Y~...~~-. McLOUGHLIN
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STATE OF FLOR1Dh,_ ~ -
( COL'NTY oF ST. ~LUCIE - -
I HEREBY CERTIFY that on this day, before me, an
~I offecer duiy authorized in the State aforesaid and in the County aforesaid to Eake acknowledgments, personally appezred .
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i! KE~~IN J. MCLOUGHLIN and NL~';~, G, McLOUGHLIN, his wi£e -
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- ,_r i',',:~~'~~'.~nown to bt the person5 describ;d in and Nho executed the foregoing instcument and Wh0 acknowledged
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4,.•• -~.~e~D+~ e'~hat they cx~cuted the same. , ~ L ~
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'`:~~~;;-~~TLESS my hand and official seal in ihc County and Statc last aforesaid this day of
O • iK a).. "•~t p:~!~ ~ .
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_ - - -_e.~~ ~tpa~;.:~ _ ~ A. D. 19 7~. - -
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- r'4,,~T~ E~ '~``L~~issio~ expires : ~ Notary lic -
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'~J t,~a~±~,:- ~ - State o Florida ~at Large
*'~lofaty Public, State o4 Florida at Large
- My Commission Expi~Es h~v. 16, 1976 . _
_ - Bonded by American fire E~ Casualty Co. . _ ~ ,
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if C~~I~fT~ F~.A. i
- ' lt06ER ~0lTRAS
I C~~RK Cl~ICUtT C4YItT . -
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. BQOX PAGf ~V~
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