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HomeMy WebLinkAbout2931 ~ and shal[ ~~~o?m, comply with and a6tde 6y each an~ every tf~p agreements, stipulafions. conditions and eouertants tl~ereoj, and o~ fhis mortgage, t{~en Ihts morfgage and 1{~P estate here6y c?eated, shnll cecue, de- ter?nine and 6e null and void. ~ tF~e mortgagor here6y )wthe~ covenants and agrees to pay promptly when due the principal and interest and of~e~ sums of money provided jo~ in satd nole a.~d rhts mortgage. or either; to pay a~~ and singular tl~e tnxes, assessmenls, levies, liabilities, o6ligntions, and encumLraRCe: o/ euery nature on said pro- perty: to perm~t, commit or suf~er no waste, impairment or crefe~ioralion o~ saicl ~anc~ or the improvements Ihereon at any time: to keep the 6uildings ow or hereaf ter on said land (uily insured in a sum o~ not less ~hnn full insurable value in a compnny or companies accepta6le to the mortgagee, the policy o~ policies to be held by, and ~ya6t~ to, said mortgagee, and in the event any sum o/ money 6ecomes ~ya6le 6y virtue oj such insurnnce Ihe mortgagee shall have the rigf~t to receiue and apply the same fo !he inde6tedness he~e6y secured, accounting to t1~e mortgagor (or any surplus; to pay all costs, charges, a~d expenses, including lawyer's ~ees and litle searc6es, reasona6ly incurred or ~~d 6y the mortgagee 6ecause oj tl~e Jailure o) fhe mortgagor to prompfly an~ ~u~~y comply with fhe agreements, stipujations, conditions ancl covenants o( saic~ note and this mortgage, o~ eil~er; fo perform, comply wilh and a6ide 6y eaci~ and euery l{~e agreemenis, slipu~ations, conclitions und co~ennnls set forth in said note antj f{~is morfgage or either. jn t6e event the mortgagor (ai~s fo pay u~~en due any tax, assessment, insurance premium or other sum oJ money paya6le by virtue oj said note und this ~ mortgage, or either, t~e morlgagec rriay pay the same, a~ilhout uaie~ing or aJf cctireg option to lorcr~oss o~ any other right hereunder, nnd all suc6 payments shall 6ear interest from date t{~er~eof at tF~e highest law- jul rate then allou~ed 6y the laws of the S~ntp oj Florida. ~l any sum of money herein referred fo be not pro~nptly paid wit{~in days next a`ter ~ ~ f{~e same 6ecomes due, or i) each anc~ every fF~e agreements, stipu~ations, conc~ilions and c~ovennnts o) saicl ~ ( note anc~ lhis mortgage, or eitl~er, are not f u~jy perJonned, compliecl with ancr a6~ded 6y, then tlte entire E sum mentioned in said note, and tl~is mortgage, or tF~e entire 6alance unpaic~ thereon, sl~nll jortFuuilh or ~ E thereaJter, at 1{~e option oj the mortgagee. 6ecome and 6e c~ue and paya6le, anylhing in said note or herein ~ I to the cont~ary nolwithstancling. Failur~ by the morlgac~ee to exercise any o~ t{~e rig~fs or options herein ! provic~ec~ s~n~~ nol constifufe a j aioer ~o~ any rig{~ts or options unc~er said note or f~is mortgage accrue~ or i f~ereajter accruing. ~ . ~ ~ ~ ~ • , j - • 1 1 I ~ • . ~ i ~ ~ - . _ /t~ ` ~ ` ~ ` ~ ~ ~ (EORPORATE ~n ~~N~~S ~~OL ~he mortgagor {~as causecl tf~ese presents fo ' SEAL) be executed in its name, an~ ils corporafe sea~ to be ~ereunto aJJixec~, by i!s -•r . - proper o)f icers tF~ereunto cluly autF~o~ized, the c~ny and year f irst a6ove u~ritten. ~ ATTEST---------- - - .__FT.._.PIEBGE_~3ARDW,A,RE__GQMPANX--------- ; - ~ K. C. Sloan ~Nary E Signed, sealed and c~elivered in t{~e presence o~: ; ~ ~ ~ . : ~ ? a~!%:~L' " ~ tG ~ 2 L.a/ . ~ ,~/j~}~,~ ~ ~ - Merle E . Morris P.~S~a~~~ _ - < _ f . ~ ; - - - - ~ - - ~ x a ~ ? ~ ~ ~~e Of FLORIDA ~ ~pI111~J Qf ST . LUCIE ~ ~ I HFRFBY CFRTIFY t~at on ftii~ day. 6e(ore me. an o~~icrr du~y aulhoriud in I~e Stafe arul C~~wrUy a~oresaid lo tn~re oc~rnou•~tdg- ~ ~~~s. ~,~it, MERLE E . ~MORRIS and K. C . SLOAN ? w i ~Yu t~RO,..~ ~o ~o ~ Prosidrni ancl Secretary .PSr~~~~~~~Y ~?,P ,-~~.u~~~ mo?I,qagor in t~r ~orrgoing insln~menl, aru~ ftiaf fhey se~wra~~y or~rnouae~ged execuling !hr wme, in Ihe ~xvxner oj tnv~ suhscri~ing utitnrssvs. ~reely artd trolunlarily uruler aul~~»it~ ~u~y rrstvd in Itiem ~y sai.~ ~w~w?nlion an~ ttiol !tie sea~ uJ~ixed lhernlo is t~P Irue corpo?alt sea~ o~ soi~ tvr~wration. ~ ~V~1FCti my hnnd and of~icia~ seu~ in I~e Cowtly w~ Clate ~asl o~onsaid ftiis ~ ~ay o~ . j n. ~468. « ~ f ILE~ A~~D RECORDED : . . ~ C~E ~ ~U";TY FLA• - - " t-U ~ - • • • . , N - - - . - - i x> - , . . , ~ ' ~ j otarSt ~Public; .State of Florida at Large ~ 1'~'3~ . ~ . 0 S F~ '68 f'~j~R I~ P~ 2• d My Commission'~ ires: ~ ~ ~?I I~ ' N~~ARY.PUB1fC. STATE of FLORIDA at IARGE ~ /~j~ . ~Y -C~MMIJSION EXPIRES JUNE 3. 1969 ~ ^i / / C - . • . . ~ ~ONDED 1MRp ~ ~ . t 7 . ~ l~ i I ~ j ~ ~ . . . _ _ ~aM ~RED W. DIESTELMOR~T i - I CLERK CIRCUIT COURT ~ ~ BOOK~ IU P11t~C~J.L~ ~ ~ y~ - . _ xti,,~: