HomeMy WebLinkAbout1598 and shall perjorm, comply with a~d a6ide 6y each and every the a9~eements, stipulattons, co?edltions und
covenanls lhereoj, and oj I{~is mortgage, then Ihis mortflage and Ihe estate hereby created, si~all cease, de-
termine and 6e null and void.
~ t~e mortgagor hereby ~urtf~er couenants ond agrees to pay promptly when due fhe principal and
interest and other sums oj money provided Jo~ in said nole nnd thia mort9nge, or etther; to pay ull nnd
singular the taxes, nssessmenls, levies, lia6ililies, o6ligations, and encum6rances of every nalu~e on saicl pro-
perty; to pe~mit, commit or sul~er no waste, impairment or creteriorntion o~ said lanc~ or fhe improve~nents
fhereon at any lime: to Ireep !he buildi~gs now o~ ?~ereofter on said land /ully insured in a sum of not less
than
in a company or companies ncceptable fo !he mo~tgagee, Ihe policy or policies to be held 6y, and payable
to, said mo?lgagee, and in tlee event any sum o~ money 6ecomes ~xiyo6le 6y vir:.:a oj such insurance tF~e
mortgagee sl~all have tF~e ripl~t to receive and apply the same to the indebtedness here6y secured, accounting
fo the mortgagor (or any surplus: 1o pay all costs, cl~ar~ges, and expenses, including lawyer's fees and fitle
sen?ches. .~ona6ty incurred or paid by the morlgagee 6acnuse o~ the failure o/ the morfgngor fo prompfly
nne~ jutly comp~y wiih t~e ngreements, slipujations, condifions anc~ covetiants of saic~ nole anc~ ttiis morfgage,
' or eilher, to per~orm, comply u~ith and a6ide 6y each ancl every 1Re agreements, stipulations, condilions nnd '
covenants set (orih in saic~ nole anc~ lhis mortgage or either. /n !{?e event t~e morlgagor ~ai~s to pay w~en
c~ue any lax, assessment, insumnce premium or other sum o~ money paya6le by virfue of saic~ note and t~is
mortgage, o? either, !he mortgagee may pay the same, wittiout waiving or aJJecting the oplton to lorec~ose
or any other rigl~t hereunder, and nll sucl? payments shall 6ear interest (rom date thereoj at Ihe highest Iaw-
/ul rnte lhen ullowed 6y I?~e Iaws of the State of Florida.
~l nny sum oj money herein reJerrecl !o be not pro:npfly paid within thirty dnys next ajter ~
tf~e same becomes due, or i~ eac6 and every the agreemenls, stipulations, conditions and couennnts oj said ~
note and this mortgage, or either, are not jully per(ormed, oomplied u~itf~ and a6ided by, then the entire
sum mentioned in saic~ note, and t1~is morfflape, or t1~e entire 6alance unpaid thereon, shall /ortlawith or ~
therenjter, at the option oJ t1~e morlgagee, become and 6e due and paya6le, anything in said note or herein
to the conlrary notwithstnnding. Fnilure by the mortgagee to exercise uny oj !he rights or options herein ~
prouidecl shal~ not constitufe a u~aiver o~ any rig/~ts o~ opfions unc~er saic~ nofe or this mortgnge accn~ecl or
thereajter nccruing. ~
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(CORPORATE ~n ~IK`LOL f~e morfgngor hns causec~ these pt~ents !o !
SEAL) be execufec~ in ils name, and its corporote seal to be Iter,e~atito ~)fixesl, jsy,ita ~
, proper o~licers thereunto duly authorized, the day and y~~~ir~1h'bbue-wAttQ7?t; . i4
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~~1tC Ol FIARIDA
~UII~ Ol ST. LUCIE r- "
(::_._t:f: :,~ci .;I? i..liJti i
I HEREBY CERTIFY tlwr on 11~is day. brfwe nr. on oj~i«r ddy au?6ariud "v~ tl~e Slaee ond Couruy afonsoid ro ~a4e «bwu~ledg-
a~t1r ovv~~~ KENNETH L. JACKSON ~
wrll krrown to me to br tl~e Prrsidrnl and nspeclii~rly oJ Ilie corporolion rwned oa
mo?Igagor in Itit ~wrgoing irtstrumenl. and l~at th~y srrero~~y ac~enouaedgrd rxeculin,q IRe samt. in Itie preaenc~r o~ lu~o su6scriding uslrrs~es.
~reely and voluntarily under o~d.o.~~r d„ly rrslyd in tl~em by said cnrporation ond 11ea1 Ihe seal a~~~ed 11~n1o is tl~e I?ue corporae aral oJ
wId ~wporn~lon.
WIT~'~'~SS my Rarul und o)~ido~ seal in llu Couniy and $tale last o/«rwid l~is ~aY oJ ~
A. D. t9 68
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% = "~"tary"Fiibl"ic, Sta e of"'~`lorid~a '
= ~ •~;1G?.;;~, At Large :
- v = My Commission Expires : ~
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- f~• ~ 8~' ~ C ' "IOTARY PUBUC, STATE of FIORIDA at LARGE '
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~ MY COtdtA1SSI0N EXPIRES FEB. 2, 19fi9
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~ •t O e ~ ONDED THROJ6N FRED W, OlESTELMORSf
gooK1 F~~593
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