HomeMy WebLinkAbout1054and steal{ perform, comply u:ith and abide by each anus every tfta ugrecn~ nts, stipulations, cerc{itions and
covenants (hereof, and of This mortgage, ther- this mortgage sect the estate hereby created, s{tell Canso, dR-
terntirre and be null and void.
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)t+1-~ the mortgagor hereby f urtlter covenants and agrees to pay promptly when due the principal and
interest and other sums of mo~tey provided for to said note and this mortgage, or either; to :pay all a-rcl
. singular the taxes, assessments, levies, linbilities, obltgntions, and encumbrances nt every nature on aald pro-
perty; to permit, commit or suffer no waste. impairment or cleteri~ralion of said Land or the improvements
thereon at any time; to >;eep t{:e buildings now or hereafter an said land (ally insured in a sum of not less
than ---Twelve thousand five hunclxtad and no/100---------'-
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virhte of such insurance the
mortgagee shall have the right to receive oral apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any sruplus; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or Faid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgnge,
or either; to pertorr.t, comply with and abide by each and every the agreements, stipulations, conditions and
rovenants set forth i!t said note and this mortgage or either. In the event the mortgagor fails to pny when
due any tax, assessment, inattrance prenrum or other sum of money pays ble by virtue of said note and this
{ mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunde-, and all such paymants shall bear interest from date thereat nt the highrst law-
f ul rate then allowed by the laws of lire State of Florida.
~l any sum at money herein ref erred to 6e nut promptly paid within 30 dnys next after
thF same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note ^nd this mortgage, or either, are not Cully performed, rnmplied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall torthtvith or
thereafter, at the option of the mortgagee. become and be due and payable, anything in laic' note or herein
to the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rig{~ts or options herein
provided shat[ not constitute a waiver o) any rights or options under said note or this mortgage accrued or
thereafter accruing.
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Signed,-sealed and delUivered in the presence ot:
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.,,,..rnbrrr .
. ~'~;LY ;- C . ~~ .
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;' ' '-" ~ = ~~ '~(<~It~is ~~e~l the mortgagor {ins caused these presents to
_= :• :•..-~~-•;•. ~;~SFr~) , ~ = be executed in its name, and its corporate seal to be hereunto affixed, by ifs
' - o '; ..- °' '; ~ =- ~' ~ ~' proper of fleets thereunto duly authorized, the dny and year first above written.
KELLY 50NSTRUCTION COMPI~NY..----
By- ------- ------- ---------- ------ -- --- ----------1----.....
rCildfnt
~tAte Of FLORIDA -
~AUI1k1J Of ST . LUaIE
1 HF.Rr:rtt• CEFZTII•l' that on thl! say. df{ore me. wt o{{left duly authorized to !tie State and County aJorewtd to tape acluiowledg-
menll, perwnolly apt,earfd Kelly Hall .
- ~ • . •-
aril {~nou•n to nv to tw (hf President o{' lee corporalixt named as
mortgagor in thf {wegoing instrunvnt, and that they ser•erally ac irnuu•ledged executing the same, to the prestruue o{ two suhacribtng uitnesse s.
{reels and rolnntarily undrr authority duly rested in them by said corporation and tha! tha seal a{{iced thereto is the true corporate scat of
snir~ cc -tmutiun.
ttrn-i\~t:~S my tiara{ ^nd o{{icial seat to `the eotrnty and S!a!e fast a{arzsald tht! 21st day a1 I'lovember ,
t~. t9 s2 ~ f Q~90
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' AIdD REVD DED
- ` ~-~ 1961 f~V iVi/ ',•• r
'; . :~. 23 RM s. 04 Rotary ~r•~. State o1 Flot~~' ~_~?
< R O G E My Commission Expire: 1>~ ~:~' ~ ; ,' . `
?~ ST. R P~ITRA5. CLERK • t9~..~,, .~lr<.~ {:r. 6 ~+~ ri~~"C~ ~-~ .~ ' --
: tUCIE COUNtY, FLDRiD~ -- • ' - ~ . v ~.:~
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