HomeMy WebLinkAbout2574 . 5, To pcr~iit, commit or suJ~'er no u~aste, intj?airment or deter~vration oJ s~id
pr~pert~ or ony part thereof. ~
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G. To perjorm, c~mply u~ith ond abide by each ond eie~ry the atipul4tion3, •
a~reeme~:ta, conditio~ia and eovenonts in aaEd promissor~v note aitd i~~i tl~is deed
selforth.
I! an oj said su»ia of ~no~:ey herein rejerred to be not promptly and ~~lly
paid u•ithin3~ doys neYt ojte~ the some severolly becume due and j?c~i~- ~
uGte, ur ij each ared every the stipulations, agree~nents, conditions onc~ covenonts of
~aid promissoriJ note and this deP.d or either, are not duly perjor»ted, co~npticd
u~itl: and ahideJ by, the said a¢gre~ate su~ri mentioned in aaid p~o»eiesor~ note
ahall becomedueand payable jorthu~ith ur thereafterot the op tion ojthe.rlfo~t~a~ce,
acs ficllJ a~ad ca~tpletelJ as if the snid a~~¢regate sum of $827,OOO.oO
clollatrs rcas a•i~i~tc~llt/ stipiclate~ to Le paid on sr~cle. duJ,
anyt/ii~rg in suid pron:issory nete or herein to tl~e contmry notu•ithstanding.
8. The terms and conditions of this mortgage and the nate secured
nereby are subject to that certain Addendwn annexed hereto and made a
part hereof by -:ef~rence.
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~3 IN WITNESS WI~REOF, the sai~i party of the
~ e,,, of the first part has caused these presents
to be signed in its name by its President,
~[n
,.~p and its corporate seal to be affixed, atteste
by its Secretary, the day and year above wri ten. ~
A~ : NOI~I SEACH DEVELOP CO:dPANY `
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- ~ In OVitnes~ ~V~ereof the said '
~ ~ , ~ ~ party of the }~rst part luss
~'t " caused these presents to be si~ned in its name by its President,
~ i~' and its cor orate seal to be a
p f~xed, atte,sted by its Seeretary .
F.= ~~;((.~or~q~vrit~i' the day a~td year above written.
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Secretary, ~CH WA~EER COMPANY
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3igfiec~,:~$eal and Deli~•ered ia Presence: ~f
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_ By
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State of Florida,
County of St. Lucie
I, an o~JZcer authorixed to take acknowled~ments of deeds accordin~s to the
lvws o~ the State of Florida, duly quoli~ted and aetin~, HEREBY CERTIFY, that
Da id B. Putnam and Harvey J. Abel
respectively as President and Secretar{~ ojNORTH B~ACH DEVELOPMEI~TP CpMp
lo me personally knuwn, this day ac~;nowledged before me that they executed the
jo~e~oing rraortga~e as such oflZcers ojsaid corporation, and that th.ey af)"ixed theretn
the ofj'icial seal oj said corporation; and I FURTHER CERTIFY that I knoiu the
said persons maki~a~ said acknoivled~ments to be the individual~r described i~i and
uhn executed the said mo~t~age.
IN V~'ITNFSS WHEREOF, I hereunto set ~ny hand and officiut sea! at s_:
, ```~~l\~11 •~Irlf •
Fort Pierce said County nnd State this 29th
day of December , .9. D. 1~7 . , ; _ ; ~
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