HomeMy WebLinkAbout2163 F~~EO Ariu ht~urtu~u
S~, l:l~l~. C~UyTY. FLA.
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15U?834
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AND AGRSES:
1. To make all payments required by that note and th~s
mortgage when due. -
2. To pay all taxes, assessments, liens and encumbrances
on that property promptly when due. If they are not
promptly paid the Mortgagees may pay them without waiv-
ing the option to foreclose, and such payments, with
interest thereon from the date of payment at the same
rate as specified in that note, shall also be secured
by this mortgage. -
3. To commit, permit, or suffer no waste, impairment, or
deterioration of the mortgaged property.
- 4. To pay all expenses reasonably incsurred by the Mort-
gagees because of failure of the Mortgagor to comply with
the agreements in that note.or this mortgage, including
reasonable attorneys' fee. The cost thereof, w~th in-
terest thereon from the date of payment at the same
rate as specified in that note, shall al.so be secured
by this mortgage.
5. If any payment provided for in that note is not paid
within thirty days after it becomes due, or if any
agreement in this mortgage other than the agreement
to make the payments is breached, the entire unpaid
principal balance of that note shall immediately
become due at the option of the Mortgagees, and the
Mortgagees may foreclose this mortgage in the manner
_ provided by lak?, and have the mortgaged property sold
to sati5fy or apply on the indebtedtiess bereby secured.
6. The rents and profits of the mortgaged property are also
hereby mortgaged, and if proceedings to foreclose this
~ mortgage shall be instituted, the court having juris-
~ diction thereof should appoint a receiver of the mort-
gaged property and apply those rents and profits to
the indebtedness hereby secured, regardless of the
solvency of the Mortgagor or the adequacy of the security.
7. This is a Purchase Money 1?iortgage. _
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" ~ • ` - 1 roducts, Inc.
" , (Corporate Seal)
. _ -
BY: O~ ' f-r
Its Pr~,er iden
~ STATE OF FLORIDA
~ COUNTY OF MARTIN ;
~ I hereby certify that on this day before me,a Notary Public
~ duly authorized in the State and County named above to take A~know-
~ ledgrn~nts, pereonally appeared V. P. BAYLEY to me known to be the
person described as President of BAYLE`~ P~ODUC'PS, INC., in and who ~
executed the foregoing mortgage~ and acknowledged before me ~
that person ezecuted the foregoing mortgage in the name of-'~a,:~~~ru
that corporation~ affiging the corporate seal of that co~"~
?~`~-a~~~;'v_ri
thereto; that as such corporate officer that person is-rt~tt'1}~;:~+[Gtt'tr~ ~
orized by that corporation to do so; and t6at t6e Fo~~~.~~g~~~n~~-.:.~= _
gage is the act and mortgage of that corpo~ration. =
~ _ ' - _ . ; =
~ Wi tness my hand and ofYicial seal in the county and~. ~~t~e%'.~ ~
named above th i s d ay o f~~I~~~ 1966 .
Nutary Pubtic, State of Florlda at Large D e C m e 1'•• ,
• ~ ' M y ~ o m m i s s i o n E x pi r e s M a y 4, 1 9 7 0 ~ ~
~,i;;;x ~~E ~~~.R~r,ded by Transamerica Insu:ance Co. O 82'y U C
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