HomeMy WebLinkAbout1709 and sl~nll perjorn, romply ~wit~nd a6ide 6y ertch and euery the ag?eements, stipulations, conditions ancl ;
coveannts ll~ereo), und o/ this ~no?Igage. Ihen tl~is mortgage and the estate I~e?eby c~atecl, ahall cease, de-
lenni~e a~d be null an~~wid.
~ ~he mortgago~ he?eby jurlher covennnts and agrees to pay promptly when due Ihe p?incipal ond
inlerest and other sums of money providecl Jor tn said note n~d tl~is mortgage, or eifher; to puy nll and
singulor Ihe taxps, assessments. levies, lin6ililies, o6ligntions, and encumbrances oJ ei~ery ~a~ure on snid pro-
pe?fy; fo pe?mil, commit or su((er no waste, imp~irmenf or ~eterio?afion o~ saie~ ~anc~ or ttie improvemenls ~
the?eon at any lime; to lceep the bui~ings nou? or herea~ter on said la?~d (ully insured in a sum o~ nol less ~
fhn~ ~
in n company or companies accepta6le to Ihe morfgagee, the policy or policies to be held by. and Poya6le ~
to, said mortgagee, and in fl~e event any sum oJ money 6ecomes paya6t~ by virlue oJ suc1~ insurance IF~e ~
mortgagee shall hai~e ff~e ri~f~t to receive antl apply ltie snme to !he intlebt~neu I~ereby securet~, acrounting '
fo f~e mortgagor ~or any surplus: !o pay a~~ costs, cha?ges, and expenses, inc~uding ~awyers Jees an~ tif~e
searches, reasonn6ly incurred or ~~d 6y ~hp mortga~ee 6ecause oJ !he lailuri? o/ the mortgagor lo promptly
an~ Jully comply u~it~ the a~?ec~ments, slipulalions, concjiiions ane~ coa~enants of sai~ nofe an~ this morfgage.
or eit~er; to perform. ~-omply u~ith and a6ide by each and e~ery the agreemenls, sfipu~ations. ccndifions ane~
covenants set ~orl~ in saic~ nofe and fhis morl~age or eithe~. ~n fhe event f/~e mortgagor fai~s fo pay when
~ue any fax, assessment, insumnce premium or olf~er sum of money pnya6le by virlue o~ sai~ note nnd fhis
mortgage, or eifhe~, the mortgagee may pay ftie same, wif~ou! u~aiuing or aJjecting I~e opfion to Jorec~ose
or any ottier ?igF~i hereunder, and all such payments shall bear interesl (rom dafe tf~ereo/ at ll~e 6ighest law-
Jul rate Ihen allou•~l by ~hp Inu~s oj the State oJ Florida.
iL any sum o~ money {~erein referre~ lo be not pro:npl~y paid wit{~in five day: nexf ajter
~ fhe same 6ecom~s due, or i( each and every fl~e agreemenls, stipulations, conditions and rnuenants o/ said
note and tl~is mort~age, or eithe~, ar~ not jully perforined, complied wil6 and abided by, fhen t6e enii?e
' sum mentionecl in said nole, ancl this morf~a~r. or tl~~ entire 6alance unpaid thereon, shn~~ ~ortl~wilh or
IhereaJter, at fhe option o~ t~e mortgagec~. 6ecome and 6e due nnd paya6le, anything in said note w herein
to the conlrary notwitl~standing. Failure 6y the mortgagee fo exercise nny oj !he righls or options ?~erein
provic~ec~ s~in~~ nol consfitufe a waiver o( any ?ig{~ls or options under saic~ note or this morfgnge accruet~ or ~
thereaf ter accruing. S
AS stated in the attached note, said note and obligation therein recited is 3
non intere.-t bearing. It is understood, however, that interest has been calculate ~
into the face of the note, and should the maker prepay the note so as to create
an interest charge in excess of the legal rate, the maker shall be entitled to a ~
~ refund for such unearned interest as an abatement of the note to the extent of '
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( the unearned portion. ~ ` ~ `
~ „~lCOR('ORATF_ ~n ~•'~•e0L the mortgagor {~as caused l~ese presenls to ~
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,~~~~~;;i ~fl.fi;~SF_AI ) f~e executec~ in its name. ancl ils corpom sen~ to 6e hereunto ~~ixet~, by its
ro er o~cers t6ereunto cluly a~dhori , ehp da nnd enr abo~e wrilten.
; . „ - , . v~:.,; n n II' y y
~ ~ HOLIDA T IN AT ST. LUCI ,
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~ _ , ~~T~5T:---c~.-~ ~ By~
= , 4_-.- : - . _.s~.-~~an President
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~L e~3a~;ancl cle~iuere~I in Ilie presence o~_
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Presidrnt
~ FtlEO ANO RicCpfivt~-._.
-------~--ST--IU~I~ COUNTY. FI.A.
pcr~~~ V~~RIr1ED
~62~•~2
~ s61 DEC I S AM 10 : 03
p~ TENNESSEE ' :
:-t;.._ ~t~t,S .
~Q(~~ Q~ KNOX CLER;G CIRL T COURT
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. i ?ifkFr~~• cFarir-i• ~?,a~ ~~t dar. 6~!«~ ~ ~l~~n. d~t, a~?.o.~ud ~ ~ s~d~ ~d c«..s, ~«.~:d ~o ~a~ ~b~.~d9-
~~~:.~.~il.ari~~ ~AL~.v ~2E~j ifn/e ~~tl~/ ~'G~
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~j ur~~ ~w.wn fe nv lo ~rr !ti~ ~rcci.jrnl on~ ~~S ~P~ nN~'~itr~r oj Itie cn/po?olion nanw~ ns ~
~ morlgogr,r in lti.- joffJOlRl~ inalru:npnt. an~~ I~~ot I~e~ strerur~~ ar~noua~.~yr.~ ~~efu~.nq 1~ samr. in ftit {~r~srntt o~ fuo w6smbing u~ilrrssrs.
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i j ~r~~~v an~~ •a~unlan~y uru~~r aultiwilv i~u~y reslrJ in I~um wi~~ tor{wruli.~ am~ 1{.a1 t~t sro~ a~~iatd t~r~fo i: 1~ Uur corporafe va~ o(
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~ i N41~ fMn(1f0~10/1. ' :
i~ ~ti~rr,rF~~ mY ti~t ~~t dl~rid ,~t ~ti. c«.~~s ~ ~,a<< iau o)~,aa ~r,,. 30th .taY d October ,
~ n. ~9 67. .
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= Notary Publi
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b~ aCo~.i:s;sion expires : April 20, 1970 :
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