The URL can be used to link to this page

Home My WebLink About2161 and shall per)o?m, comply with and a6ide by ench and eve?y fl~e ag~eements, slipulalions, condilions nncl covennnls thereof, nnd o~ this morfgage. lhen Ihi: mo~tpage and t~e eslafe Itereby creale~l, ~hall cease, de- lermine nnd 6e null and void. ~ II~e mortgagor hereby Jurther covenanls and agrees to pay promptly whe~ cjue fhe principal anc~ inle?est and olhe~ sums o) money provided Jo~ in said note ond this mortgage, or eithe~: fo pay all and singular Ihe taxes, asses.•nenls, lei~ies, lia6ilifies, obligations, and encumbrunces oj euery nalure on sai~ pro- perty; to pe~mit, commit or suf(e~ no waste, impairmenl or cleteriomfion o~ said lanc~ o~ !~e improvemenis thereon at any time; to kp~P ~he 6uildings now or hereajfer on said Iand ~u~ly insured in a sum o/ nol less ~hon maximum insurable value in a company or companies accepta6le to the mortgagee, the policy or policies to 6e held 6y, and pnya6le fo, saicl morfgagee, anc~ in Ihe event any sum o/ money 6ecomes paya6~e 6y virtue oJ suc~ insu~nnce the mortgagee shnll F~ave the riAht to receive and apply the same to the inde6tedness here6y secured, accounfing to fhe morlgagor (or any surplus; fo pay all costs, charges, and expenses, iricludinb Iawyer's /ees and title searches, reasona6ly incurred or Pa~d 6y thp morlga~ee because oj the /ailure o/ Il~e mortgagor to promptly anc~ ~ully romPly wit~ fke agreemenfs, stipujations, conc~ilions an~ co~enants o~ sai~ note and ltiis morfgage, or eilher; fo per~orm, comply wit1~ and a6ide 6y each and every ttie agreemenls, stipulafions, conditions and covenunts set /orth in said note and this mortgage or eitl~er. In Ihe enenl the moslgagor /ails to pav when due any tax, assessment, insurance premium or other sum o~ money paya6le by virfue oJ said nofe and ti~is ~ ~ mortgnge, o~ eil~er, the mortgagee mny pay fl~e same, without waiving or n~~ecfing the opfion to ~orec~ose or any otl~er right hereunder, and all such payments sf~all 6enr interest from dafe thereoj nt Ihe higl~est Inw- jul rate lhen allow~ 6y ~I~p laws o) the State oJ Florida. nny sum o( money herein re~errec~ l0 6e not pro:npt~y paici wiihin 30 days next a(fer tl~e same 6ecomes due, or if each and eu~ry II~e agreements, stipulafions, conditions and covennnts o/ said note anci this mortgage. or either, are not jul[y ~~Jo?med, complied with nnd a6ided 6y, then lhe entire sum mentioned in snid note, and tl~is morfflafle, or the entire balance unpaid therean, shall f orlFuuith or thereajter, at the option o/ the mortgagee, become and 6e deie and paya6le, anything in said note or herein to t~e conirary notwifhstanc~ing. Fai~ure 6y the mortgagee fo exer~cise any o( i~e rig~ts or aptions herein provided shnll not constitute a wniver oj any ?ighls or options under said note tl~is morlgage accrued or theren(ter accruing. ~ ~ 1 ; ~ ~?G . ; a # . ~ ~ - {~,~F ~ (CORPORATE ~n ~~tness ~IL~`[OL ltie mortgagor ~c~s caused these presents to t SEAL) tie executecl in ifs name, ancl its corporale sea~ to be hereunto nJ~ixed, by ifs ~ proper o~jicers thereunto duly authorized, the day and year ~irst aliove wrilfen. ~ . ~ ATTEST:--- ~--D._..D. A., INC. r ; ~ i $rcMary ~ ~ Signecl, senled and deliuered in i1~e presence of : j : ~ By---~----- ~ - - - - : ' President 3 ~ ' ~~1~ Of FLOftIDA ~ - ~p~~ p~ ST. LUCIE ~ I HERf.BY CF_RT?FY elw~ on ~!w dny. 6rfon me, on o(~icrr dulq wd?wriud in t?~e Slae and CouNy a(orrsaid to lalee «bio~u~edg- m.Ms. a.~~flr aP~~J Fred D, Adams and Dorris D. Adams ~ urll 6no~un to me to 6e 16e Presidrnt arul Seeretary rcspedi~~elr oJ tl~e corporalio~ rwm~d os ~ - rtrorlgago? in Ihe ~oregoing inslrumenl. arv~ 1{~ot I~ey sei~era~~y ac4now~edged ~xeculinq ltit same, in ftit pnsentr o~ lu*o su6scribing wilnrssrs. ~ ~ + (rtel~ and Vo~unlori~y ~uu~r authwity du~y resleJ in I~~em 6y said corporalion an~ ttiot I~e seo~ o((i.ced ltienlo is I~ee Inu corporol~ xu~ o~ : ~ . r • ~41d, co?Da~a~llon• 3 ~ . ~'11~~E,S$ my 6ar~l wu~ o~(irial sea~ in tbe Counlr and $lafe ~ast a~onsoid Il~ii k ~ . , 29th ~r of February ~ - :a:~r.•.~q6~; : . . T~~2 y~.- FiLEo ario RECORDEO~, ~ ~ • - - : • - . ~ T. L ~ C UN FL ~ S UCI 0 TY A~ ~ , ~ . . . ~ _ ~i.~E4-~.~ - - • • -.f ~r, _ _ ~ . f ~ ` ~ ~ . . . . . . . _ ~ ~ - - ~ ~ • . G ' ' ~ , , ~ ~ ttr, ...':c. S:_., cf f!~ ~a al'l_rge ~ ~ : ~ -16480~ - - ~ - . 't. ~ ~ ~ ~ '68 FE6 29 PM 2 : 31 E - - ~ . _ 9_~_,d i ~ ~x-"`" o~ Com. ExP.~=- ~ ~ ~;u::: ~o!:~r.s ~ CLERK CIRCUIT COURT BOOK~ l0 PACE2155 - ~ . . . . i y ~~~r r.;r . ~ -