HomeMy WebLinkAbout0703 f~ and sl~~ll p~r(orm, comply u~i1h and abide by each and every the agreements, stipulalions, condilions and
~I co~~ennnls Il~ereoj, and oj this mortflage, Ihen tl~is mortgage and Ihe estate here6y createcl, shall cease, de-
I lermine an~I ~e nnll an~~ voir~.
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I~n~ f~~P mort~a,ryor ~~ere~~y ~urt~~er covenanls an~ agrees !o pay prompt~y w~en ~~ue !he principal and
inleresl and of~ier sums oJ money proi~i~Iecl lor in saic~ nole ancl f{~is morfqage, or eilher, fo pay a~~ and
sinpula~ 1he ta.res, assessme~~ls, leui~s, lia6iliti~s, o6li~alions, and encum6rnnces o( eve~y nalure on said pro-
perty; fo permil, c•ommit or su~~er no waste, impnirmenf o~ deieriomtton oj sai~ land or !he improi~emenfs
Ihprnon a1 any Iime; fo ~PPP IIIP 6uildin~s nou~ or herraf
t~r on said Iand /ully insured in a sum oJ not less
f~an the debt secured hereby
in n i•ompany or companies accepfab~e lo I~e mortgagee, ttie po~icy or po~icies fo 6e held 6y, ancl paya6le
fo, sai~ mortgagee, an~ in the e~~enl m~y sum o~ money fiecomes payab~e by virfue o~ such insurance f~e
morf4n~~p s~~a~~ ~iave fhe ri{~~~t to receive an~ apply Ihe same fo !he inde6tedness hereby secured, accounting
to 1he morl~anor for nny surplus: fo pay a!I costs, charpes, and expenses, including lawyer's jees and litle
( searc~~es, reasonably incurrecl or paid by Il~e morfgagee because o~ fhe ~ai~ure o~ the mortgagor !o prompl~y
li and jully comply u~~rh ~hP n~?e~menls, stipulations, rnnditions and covenanfs oJ said nole and if~is mortgage. -
~I or either: fo per~orm, comp~y u~it~~ an~ abic~e by eacfe and every the agreemenfs, sfipulafions, eondifions and
~I corenanfs set jorf~ in said nole an~ fhis morfgage or either. ~n the event t{~e mortgagor ~ai~s to pay w~en
due any tar, assessment, insurance premium or o11~er sum oJ money pnya6le 6y vi?tue o( said note and Ihis
; morfgage, or eif~~er, t~~e morfgagee may pay fhe same, wil~out waiuing or a~~ecting t{~e opfion to ~orec~ose
or any other ri~l~t F~ereunder, and all such payments shall 6enr interest /rom dafe Ihereo( at Ihe highest law-
i~ (ul mlP fhen al~ou~ecl 6y thp ~a~os o~ 11~~ Stat~ of F~ori~a.
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1~ any sum oJ mon~y i~erein re~PRP~ ~O be not prompf~y pait~ wifhin 1 rJ C~Ayg 7~ next af ter
Ihe same hecomes crue, or i~ each and enery the agreements, siipu~afions, conc~itions an~ covenanfs of saie~
~i note and this mort~~nge, or either, are not jully per/ormed, complied wilh and a6tded by, tl~en the entire
sum menlioned in said riole, ancl lhis mortgage, or the entire balance unpaid tl~ereon, shall )orthwilh or
therea(ter, a1 the option o~ t1~P morfgagee. 6ecome and 6e due and paya6le, anylhing in said nole or herein
lo l~ie contrary notirit~isfancling. Failure by iF~e morigagee to exer+cise any oJ ttie rig~fs o~ options f~erein
~ proniclecl s~ia~~ nof conslihde a u~airer o~ any rig~ts or opfions under saiel note or t~is morfgage accrue~ or
! t{~ereajfer accruin~.
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(i , Dn ~~~~5 ~her~of~ t~~e saicl morlga~or tias hernunto signptl and sea~ecl these prese~fs t~e
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clny ancl y~or ~irst n~ove u~rilten.
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' J SON OIL CO;; INC.
!I Signed a~ed m~d eli~~~re~l in h~ presencp o~:
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~ - its Vice e _ , _
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~ STATE OF FLORiDA COUNTY OF SAiNT LUC1E
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~ I H~REBY CERTIFY. That on thia _ day oJ Januarv A. D. t9 68.
~ ~e jore me peraonally appeared - W A R R F.N (=R AY X.~X `
~ t+¢~~t-3T-iCe- Preaident iir2~c o
f
Johnson Oil Co_ , Inc Florida
~
~ . a rnrpomtion, to me ~
~ known to be the persons described in and w/~o executed the Joregoing instrument, and sevemllq acknowledged t?~e exe-
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~ cution thereo{ to be tl~eir f
ree act and deed as such o~f
icers, Jor the uses nnd purpose~ tlierein mentioned: and that they t
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~ affixed fhereto the o~Jicial seal o) said corporation, and the said instrument ia the act and deed of said corporation. '
~ ~VITNESS,.r?iy hs~nd.and o/jicial seal at Fort Pier+ce t - said county and state. ~
~ • : . V '•f - - / / /'~-~l/~`~/ /1' . ~i`Z/e~G(/~"~ f
~ , ~ c~` ~ Not~, R.blt~, in and /or State and County A(oreaaid.
- ~ ; _ ' `I ~ My Commusion Expirea : eS
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c•{~`4'~7" . FIlEO AND RECORDEO? i
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r< .:.----T tT. LUCIE OOVNTY rLA:" t
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`,F l ~ ~ ~ ~ , ~ ~630rG~ ~
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~ ~ '68 JAN 25 PM Z: OS
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' J~k'~ a`'`'li`.~ -
~ ~ :.~~E:~: :o~,p~s amK170
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~ CLERK CIRCUIT COURT ~CE .1~z I
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