HomeMy WebLinkAbout2521 and ahall pe?/orm, comply u~ith arid a6ide 6y eacl~ and every Ihe agreements, stipulations, co~ditions and
c~o~enanta thereoj, nnd o/ Ihis mortgage, then thia mortga9e and the ~tale hereby c?eated, sf~aU ceaae. de-
termine and 6e null and twid.
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~ tl~e ~nortgagor here6y jwfl~e~ couenants and agrees to pny promptly when duE? the p~incipnl and :
interest ond other swns oJ money provided /or in said nole ar~d thia mortgage. or eIi~er; to pay a~~ nnd j
singu~ar the tnxes, assessments. ~e?uies, liu6ilities, ob~igaftons, and encumb?nnces of every nature on sait~ pro- i
perty; to permit, commit or su(fer no waste, impuirment or creterior+ation o( said ~nd or f{~e improvements
thereon at ony time: fo keep the 6uildings now or herenjter on said land f ully insured tn a sum of no! leaa ~
than ~
in a company or companies accepta6le 1o the mortgagee, the policy or policies to 6e held 6y, and paynble
to, said mortgagee, und in Ihe euent any sum o/ money 6ecomes ~ya6l~ 6y virtue o~ such insurance the ~
m~~tgc$ae s~a.I ~aus tl~e ri~ht to raceiue and apply th same to thd inde6tedne~s l~ereby secur~cl, accounting
fo the mortgagor ~or a~y surplus; to pay a~~ c~osts, c%nr~es, anc{ esxpenses, incluc~ing ~awyer s~ees and tit~e
seu?ches, reasona6ly incurred or paid 6y the mort9agee ~iecause oJ t~e ~ai~ure oJ the mortgagor to promptly
and Jully comply with the agreemPnts, stipulations, conditions nnd covenants o( said note and tI?is mortgago,
or either: 1o perjorm, oomply witl~ and abide 6y each and every the apreements, atipulations, rnnditions and
covenanfs set jorth in saic~ note and t~is mo?tgage or eilher. /n the euenf fhe mortgagor Jatl~ eo ~xiy w~en t
due ony rax, assessment, insurance premium or other sum o/ money pnya6le by virtue oj-snid note and this ~
morfgage, or either, Ihe mortgagee may pay the same, u~ifhout waiuing or a~~ecting t{~e option to ~orec~ose ~
or nny other right 6ereuncler, and alI sucl~ payments s{~all 6ear interest /rom date thereoj at t?~e l~ig?~est law- 3
jul mte then allowed by the lams o~ tf~e State o/ Floridn. ~
~L any sum oj money herein rejerrec? .0 6e not pro:nptly paid within dnya nex! a~ter ~
the same beeomes due, or i) enc{~ and every the agreemenls, stipulations, conditions and covenants o~ said ;
note and fhis mortgage, or either, are not f ully perJormed, complied u~ith and a6ided by, then tl~e entire i
sum mentioned in said note, and t1~is mortgage, or the entire 6alance unpaid ihereon, sf~all /osduwith or
thereajter, at the option of the mortgagee, 6ecome and 6e d~~e a~d ~ya6l~, any!{~ing in suid note or 6erein +
to Itie contrwy notwillutanc~ing. Failure 6y fhe morfgagee to exercise any o' lEae rights or oplions {~erein ~
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~ provicled sF~all not rnnstitute a waiver o~ any righfs or uptions uncrer said note or ltiis morlgage aeeTUe~ or R
~ thereaJter accruing. ~
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` ~(CORPORr~~F ~n ~~N~~s ~IKLL~L the mortgagor has caused Ihese presenls to
• ` SF~IL)~~ ; be executed in its name, anc~ its corpornte seal to 6e hereunto a~Jixed, by ifs ;
~ proper o(~icers t/~ereunfo rluly aut/~orized, fhe day and yenr Jirsf ajiove wrilten.
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' • INRITO RF~AZTY CORP. , a Florida
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~ corporation
ATTE~1'::'.' - - - =
Miles S. Davidson s~a.,
ig ed, sealed ancl cleli~ered in tF~e presence of : ~ ~
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~T: cott--- - - P.~:an,~
- : FIIEp ANO
~ sT LUCtE RECORDE~
-----~-~=-`-='4-<~---~-- ~ ~ ~ ~ A.
COUNTY. F~
-'~~~7 RIFIEp .
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~6fi I7 pa~~~
1~~~;~ S8
' 0~ FLORIDA ~
I ~`~`'f-?' r'Ot?R:S
~IUt~ Of ST. I~JCIE CLERK C!r?CUfj ~`OUQT
1 HF_REB)' CFRTIFY ~Iw~ on t6iu day. 6r(ore mr. an o/Jicrr duly au~l~oriud in ~F~e Sfafr ond Co~u~tr nJoresok, lo t Ier aelv~du~e~g-
~~x a~i~~ ww~~ L. W. Scott and Miles S. Davidson
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i ~~u ~a ~ ~o ~ ~t~ Pn,;.r~~~ ~ Secretary rrs~fireiy o/~ ~ti< <,o.~;«~ ~ ~
morlgagw in lht ~oregoing inslnunrnf. and t~wf Itity seMm~~y ~~enouar~,qrd eaeeuling ltir wmr, in f~ pnsente o~ lu~o wbxri6inQ uifnrstr~.
~rte~p and eo~unlori~y urw~tr auftiwify ~u~y t+est~ in ltiem 6r sai~ cwporulion and ttial Itie sro~ a~~ixed Itivr~lo fs Itir Inu torporal~ xo~ o~ .
said corporafion.
WIT'nF~S my 6~d a,kl o((~rial xd ~ ihr C~ty a.~d Ci~P la:e ~J~~d ~h;, / ~ day oJ C' L-~~-~'.v .
A_ n. ~066. `
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" . `.r~"~• ~~ary ~ublic, State of Florida ~
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. ~ At Large {
= ~ _ My Commission Expires: G~' ~
- :~~T:;~'r ~U3' IC. STA7E c' F!~RIJA at lFESE ~
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' . - a M11 CCtA~dI~SI;;P~ F~.PiF.:~ fEB. 1. 195~
. . . ' ' ~OHO(p IMRUi:,^~M FRED yy. DI[fT[LNOAlT ~
~ ~ BooK 15'~ PAGE 12
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