HomeMy WebLinkAbout1701
;
5
~
-<
i
~
~
;.ot
CJ
M
!
~
e
t:
<
T:'_"__'"'''-<'-'~...('''''~':''' .
.'._ .' ."..,',.;,....,..x. .,...,-.;,..,~~~-,,~
T__' ., _..........;"..."c,:"....~<:,"" ,'. ,.., ",'~, --
..."
......~""<
'...M..'..'..:!... ..k:A."'.... .
'"",.. . ......
."'.
,,_ ';:;j""'ll'" t" ~"'ll". 't"
:r+ H~. \"l'~,:~ !: .t.
title to i!.~d land in said M(H..tg'~<<te> h1.a 8i.H;l(~\HUO~I, If.!gal
repreaentatlves and aaalgns# nO may r~36onab11 be r~Qulred;
and that e& ld ~hrtgAg()l"6 do her-eby fully w('U"l"llnt the t 1 Ue
to said land and '.-.ill ctfffend the tH1JUe againnt the lawful
c In 1mB of all per-aon8 who~oever',
Pr'ov 1ljed always, that 1 l' RE.MU:OTON CONSTHUCTION
co., IHe., 1 t~~ euCce!H!ot'2, legal r-epr('~entatlvefl Of' fisoigno
aha}l pay unto the said ~ortgagee, hie 6Ucce~Bor8, legal
representat 1.'.166 or a~~lgn8! the Bumts :!!ut' 0'1; to become due,
pUl'au~nt to the te rm6 of a carta in colla t.el"sl note g1 v('.n
by REMINGTON CONSTRUCTION CO,,' INC., a Flortda corporation,
(-' ~....
....
even date i~erew 1 th > and shall perfOftl, comply w it.h and
ab1de by each Bnd every the stipulations, ugreement6, con-
l11Uon8 and covena.nts of !'{tid col1sttH'al note nnd of th:.o
(leed. or upon the payment by IH' in behalf of HE!>HNOTOH
CO:';STHUC'l'ION CO., INC., of the flt,.lr.i of $20,000.00 in accon\-
Bnce with the prov1elonu of said collateral note, then this
& deed, and tiH~ eats te thereby epee. ted S ~!n 11 cease fino be nu 11
<
~
f)'j and '1oid.
~
~
<
~
I
And the Buld ~ortgDgor8, for themaelvce and their
tlCtr-S, legal eeprceentatlves and a8Blgna, hereby covencntc
and,r;reCl:
1. 'fhat thlF.! r,'lOrtgage I3hall be 8 lien IJpon the
mortgngulj 1 and for the paYlilfmt of a 11 and n 1 ngu Inr the
taxe8, fif.!flCefHilfHits, lev1f:e, l1abl11tle6~ obligationu, and
encumb!'ilncea of every nature on nuid desoribed property I
cae!] aml evel"Y J and if the same be not promptly paid the
oaid ~ortg8ge81 his DUCceoDoP6, legal reproaelltatlvea or
not!ignn, may o.t any time pay the f313.,!""",~ without waiving or
affecting the option to foreclooe Oi"' any eight tii:rtHiE(kr.
2, That thla mortgage shall be t~ 11~~t' upon the
mortgagerj l.fHid for the pHymfJnt of all I'l,nd e 1, ngl)lar the ctHj ta }
Cfill.rgt!i3 and (>;<;pen!.HH~, !'iHHione.iJly 1 nC\.lI'n:J or pal d (\t :i).~jY t.ime
by eaid HO:t'tgf1gce j hifl fHICC~6Borfl, legal rcpr'eaen;,.at 1 yee 01'
fHW ignv. !;f,C3Uf! f; of th~' f;'!.l hH'O of the l:~'~,ak{~r of the note 01.' on
(2 )
V.MIYi~ ~'kA'" ~~,,#. "''f'!''''#!I'!,~i' i\..~ ~:O\J~.i.D"', ~ _z'.J.....''" ~1' ,1:H-""t-"~~~. i"'i'Aio\I~, f,,~A
f"jir,~,.'1t...-",< ~!~