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HomeMy WebLinkAbout1787 R. ond :halt perJo?m, comply with and a6ide ~y each and ee~ery ths ugreaments, itipulations, condiNoeu at~ 1 corenanta thereo/, and of this mortgage, tF~en tl~i.~ martgage and the eatate 1?ere6y c~ruatsd, shall csass, df- ~ termine a?~d 6e null and void. ' ~ t~?e mortgngor {~eria6y (wtl~e. covanonta and agrees to pay promplly ~h.n d~ tke pnincipa~ nnd i ~ inte?~eat and other surns o~ money pnovic~ec~ ~or in s~tia note anc~ t~tia mortgage, or ett~er; to pay n~~ und ~ atngular tl~e taxes, assesymenf~, Ieutes, liabiliiies, obligntions, and encwnb?~ar?ces oJ every natw~e on satd pro- perty: fo pe~rm:t, cornmit or au~~er no wasfe, impairnunt or detRriw~ation o~ a~itl ~an~ or the tmprowenenb thereon at any time; to lteep t{te bui~lin~~ nou~ or herra~ter on tatd ~anc~ )u~Iy insurad in o~um o~ not Zeu rl~an NINETY-'I'HItEE THOUSAND and NO/100 ($93, 000.00)-------~-_-------- in a company o: c~mpanies accepta6~e to t~a mortgagee, the po~icy or po~iciea to ba f~e~ by, w~d ~«~61~ tn, said morigagee, and in tl~e euent any sum o~ money becomea Paya6l~ 6y virtue o~ stuh tnaurance tl~e mortgagee s1?all have the esght to receive and apply ti~e aame to the inde6tedness here6y secw~ed, aceaunting , to the rttortgagur ~or anq surp~~u; to pay al~ costs, a{targes, and expenaes, including ~awyer~a feea and ttt~e ~ searches, reasonably incurred or p~,~d 6y ~he mortgagee berause n( the f ai~ure o/ the mortgagor to promplly and /ully c~omply witf~ the agreements, stipulatio?~, conditions and covenants o~ anid note and thi~ niortgage, or either: to perform, co?rsply ~<<h ~d ab~dg 6y each and every the agreements, atipulatioru, conditio?ts antl rovenants set /orth in said note and this mortgage or either. ln tl?e enent the mortgagor fniLt to pay when due any tax, as~essment, tnsurance premium or otl~er ~um o/ money payable 6y virtue o/ said note and this ~ mortgage, or either, the mortgagee may pay the same, u~it~out waiuing or affecting the option !o jorec~oae or any other right hereunder, and alI such payments shall 6ea~ interest f rom date thereaE nt t1~e {?ighest Gn~v- fuI rate t~en allowed 6y the laws of the State of Floricla. . 'iI any sum o) money {serein re(erred to 6e not promptly pai~ w~~hin Thirty(,30~ays next after I~ !he same becomes due, or i( each and every the agreements, stipulations, conditions and covennnts o~ said ~ note and t{~is mortgage, nr either, are not f ulIy perf ormed, complied with and abtd~d 6q, then the entire sum mentioned in said note, and this mortgage, or the entire 6alance unpaid tltiereon, shall jorthwith or therea/ter, at tl~e option o~' the mortgagee, become and be due and paya6le, anything in aaid note or herein to the cont~^ary notu~ithstanding. Fuilure by the mortgagee to ezerci~e any oj the rights or options herein ~ prouidec~ shal[ nof constifute a waiver of any rights or options unt~er ~ait1 note or thls mortgage accrued or I thereaJtPr arcruing. ,l ~n ~~tn~s ~~~1~ ~he said mortyngor has hereunto si,qned and sealed these presents the iI cfay and year ~irst aboue ufritten. • I~ Signed, sea~ec~ and dplii~erecl in the presence o(: ~ ~ , ~ ~ ~ .....~~-~-L-- - . ~ . . - . ~ ~ , • ~ . . - - - a~ : ~ EUG E D . ~ ~HAUGH`~ON ~ Co-Partners alb/a_._...___._D-HAUGHTCJI~ I ~ . MO?T~RS , ~ - _ - ~ - ,i ~ i ~i I~ STATE OF FLORIDA, ~i coL Y~[-~~ SA INT LUC IE ~ I HEREBY CERTIFY that on this day, before me, an ~ o(ficer duly authari~ed in the State aforesaid and in the Count;• aforesaid to takc ack ow edgmenu, penonall a ared DON REED and EUGENE D. HAUGHTON, Co-Partners d~b/a R.EED-H~UG~H~~N MOTORS , il to mc known to be thr person S described in and who eaecuted the lorrgoinq instrument and thE'}' acknowledged j i be~or~ me that t]]~y ~xecuted the same. N'ITNESS my hand and officia! seal in thc County and Statc last afor~said this 3~St day of ; ~I August A. D. 19 65. i ~i ; . , ; ; i! . ~ . " ~ . ; . . Notary Pu lic, 5tate pf; ~~.q~.i~'a. ~ (NC7TARY SEAL) My Commi ssio Expires: ' I ~//9~~ , `1 ' . ~ ~ ' ~ Notary P~CK, State oi Flor':da at Large ~ D E D 1Nr Commission Ezpires March 19; iSb'~ _ ~ ~ !i Ep AN RECOR wpa.e w M»nGa Fu. e c.i~.ky~..: FiL , = Q>~.: 4~;~ ,a~~K , " 4 . , • `v' _ ` ~ . . ` ~ t ~ "'65 SEP, ~ P~ ~ ~ 3 3 - ~ . . 4; . . - ~v~~ r 4 ~ ~ , , ' ~ , - i ' ;',~~UL~r-i~K R~J-~.~~t_~~Ci~ ~ Y 0 R q ..:..~'r• J F~.~RiOH B04!(1~~ ~~5 j~: _ I ; i~ ~