HomeMy WebLinkAbout0607 and ahaU perjorm, comply wit6 artd a6ide 6y eacl~ and euery t~~ agreeme~b. sNpu~attons. c~ondttio?u and
vo~enanb t6e?eoj, artd oj t1~is mortgage. lhen thia mortgage and the estate 1?ereby created, •hall c~eaae, de-
te~mtae and be nuU and void.
~ the mortgagor hereby jurther oovenanb and ngrees fo pny promptly when due the p~irtctpnl and
intere~t and other sums oj money pronic~ec~ ~or ir~ antd note and thia mortgage. or e!lher: to pay aIl and
singu~ar fhe taxes, assesaments, ~evtes, ~tabi~itiea. o~~tgations. nnd encumbrancea o~ every nature on saic~ pro-
perty: to permit. commit or su~fer no wwte. impairment o~ deteriomfion o~ iaic~ jand or the improvementa
thereon at any ftme: to keep t~e bui~tngs now or ~erea(ter on aatd Iand jully ir~sured in a sum of not jesa
ehan l~ifty Thousand and no/100 ($50,000.00) Dollaro
fn a conipanq or companies acceptab~e to t1~e mortgngee, t~s po~ic~r or po~icles to be heid by. aru~ payable
to, said mortgagee. and in t{~e event anq swn of money becomes payn6le by vi?tue of such insurance the
mortgagee shnu have !he ?ight to recei~e and apply t6e same to tl~e inde6tedness I~ereby aecured. acrounting
to the mortgnpor jo~ anq surplua: eo ~xi~ nll ~o.,e~, chargea, w~d expensea, fncluding lawyer's jees and title
sear~T~es, reasona6ly incurred or pnid 6y the mortgagee because of the failure oj the mortgagor !o promptly
and f
uUy comp~y wit~ the agreements. stipulaHons, conditions and covenanta o~ saicl note and thia mortgage.
o~ eitl~er: to perJorm, comply with and a6ide by each and every t1~e agreemenls, stipulations, c~onditions and
conenants set ~orth in aaid note and this mo?tgage o~ eitl?er. In tbe event the mortgagor ~atU to pay w?~en
due any tax. assessment, insur+ance pr+emium or ofher sum o/ money payable by nirtue oj aaid note nnd this
mortgage, or eifher. the mortgagee may pay the aame. wit/~out waiving or a~Jecting the option !o f
oreclose
or a??y othe~ ~ght hs.+ew~de., and all such payments aknll 6ea~ interest /rom date thereo/ at tl~e bighest Iaw-
/ul rnte then albwed 6y the lau» oJ the State o( Florida.
ll any sum o~ money herein re)ened to 6e not promptly patd witl~in-~-----~--~-days next njte~
tke snme be~.~omes due, or i/ each and euery t?~e agreementa, stipubtions, c~onditions and covenants o/ said
note and thia mortgage, or either, are not jullq performed, complied u~ith and abided bq, then t1~e entire
sum mentioned in sa~d note, nnd this mortgage, or the entire balance unpaid thereon, ahaU Eortl~witlt or
t~ereaf
ter. at the optton o( the mortgagee. ~o.?~ w~d 6B d~ ~d ~yabl~, anqthing in aaid note or ~enein
to the contrary notwithstanding. Failure 6y the morlgagee to exenise any oj t6e rigkts or opttons herein
provided sha~~ not constitute a waiaer o/ w~y right~ o~ options under sa~ note o~ this mortgage ac~crued or
~heneaJter accruing.
~
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,
t :'.\~~.i.':•f`t.?`- ' {~~F
x= 11~ ~~LIL~I ~IK`LV` the mortgagor ~as caased these presenta to
'i ~ .~'i '~CORPfaR'~1TF;,
SE~L~ = be execuled in ita name. and ita oorporute aeal to be hereunto af
f
ixed. bq its
. ,
- proper oJ{icers thereunto duly nulhorized, el~ day a.~d y~ ~irat ajiove written.
- - ._._.~t~~-----------------------
~ "~A-~"s~:.~... ~eu~t_.~~~~t~ts~s
~ .
Signed, sealp+I d deliv ' the presence oj:
~ A .
BY- ~ I ,,s1'~'~!'
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/l/~ 1----~ , ,I,~ .
- - =--~.=---------------------------------------FILED ANO RECOROED'• ; . ~
ST. LUCIE COUNTY F ` : 0.':'~ t~~~
. lA. • : R ~ . . = _
= C 0 F? ^ 1~E i~! F~ r D V.
1~V ! ( ( - ~ • , `,w ~ t' . h -
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7"•,.~ : -=i
'68 APR 2 PM 3: 4 - -
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0~ FLORIDA c: ~ r :
.L r i~01 f P...S
,
~Ull~ Of ST. LUCIE CLERK CIRCUIT COURT . ~
1 HEREBY CERTIFY e/mt an tius dny. beJo.r ~ne. an oll:or. ddr w,tl~wircd tn d~e Sate and Couner a/on,dd ro taler «b~ourledp-
,ne.w. v~.so+wIIr appeored
DAVID B. PUTNAM and x. J. OI.~ON
u~rll Lnou.n ro rne Io 6e ~{m Pnsidenf and @C=6ta1"~ respcdiae~~ oJ• II~e corpwouo~ ~wrnrd as
~ morfgagor in.ltie Jongoing instrumenl. ~d dwe JKr s~a.dly ac~vwaaedged erecvting t~e some. in f/~e preaenae oJ truo wbsatbing n~itnesses.
~ J~ly ~d 6d~,.~~a.;lr ~..~d.~ o~i6a.ay ddy ~u~d in ~hem 6y said ro.~a. ~d ~~~1 aJJu~d ~to u t/~ we oo.oo.~e .rd oi -
said oo.po.ollon.
~LTI7VESS mr ??w~d md ol/k;d xol in 1I~e C«,,.~y and Slate [a,e aJoR~dd I/~S ~.i,ti~ dnr ol Apr11 .
` A. D. ~o f~s
C~"~~ . ~ ~ s- ~ :
_
Nota Public Stat ~ ~a
rY • ~ 4 ~~ll~~ic~a ~
• at Larqe : ~ ? v': ° .
lrly Caamission Bxpi=egs= =
~ -~t.~ -7y ' ~ • -
~
BOOK171 PACE 60~ ~.•.L J~ `
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