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HomeMy WebLinkAbout2096 nn~I ahall perjo?m. eomp~y u~ith and a6~de by eooh w~d euery tl~e agreemenb. aKpu~ations. oondtttona ond c~ovenur~ta ti?ereoj, and o~ tl~tt mortgage, thRn tl~i's mo?tguge o~ the estate here6y created, shall cease. de- ee.mt.~e a~d be null and votd. tl~e morlgagor kereby jurtl~e~ couenanta and agreea to pay prompt~y when due tl?e principal and interest a d olher twrt,t of money provided ~or in said note ancl this ~norlgage. or eithe~; to pay aU nnd singu~ar the taxea. assessmenls, levles, lia6i~ttiea. ob~igations, an~ encum6r~ances o( every nafure on said pro- perty; to permit. c~ommit o~ su~jer no waste. impairment or cleteriomtion oJ sa~d ia,~d o~ the improvements thereon at any time; to ~eeep fhe bui~ings now or hereajter on said lund jully insured in a sum o~ not jesa ~1~~$t~ insurable value or the indebtedness secured hereby, whichever be the n a company or compantes aecepta6~e to the mortgagee. the pwn~icy or po~icies to be he~ bq, and pnyabje to. said mortgagee. and in the event any sum o) money be~.bmes ~ya61~ 6y virtue o~ suc~ insurance the mortgagee sha~l have the rigl~t to ?eceiue and apply the same to the indebtednesa hereby secured, aooounting to the mo?tgagor Jor any aurplus; to pay aIl costs, c~arges. and expenses, inc~uc~ing lawye~ s f ees und fil~e searshes. reasGz~z?~~y incurred or paid by fhe mortgagee bec~ause o~ the ~atlure oj tke mortgagw to prompf~y and juRy c~omply witl~ the ngreements, stipulalions, conditions nnd couennnts o/ said note and this mortgage, or ettker to per~orm, oomply witl? and a6ide by each and every the agreementa, stlpulationa, condit~ans and rnvenanfa aet ~orih in said note ~d th~ mortgage o~ either. /n the event the mortgagor jails to pay w~en c~ue any tax. a3sessMent, ~nsw+ance premium or otl~e~ awn oj money puyable by virtue of saic~ note ancl thia mortgage. o~ either. the mortgagee f?wy ~oy ~he snme, without waiuing or nf f ecting the option to /oreclose or any otker rdght he?eunder, nnd nl! such payments ahnll 6ear interest (rom date tl~ereo~ at tlte highe~t Iaw- /ul mte thea allowed by ~~e lawa oj the State o/ F[oridn. ~l any swn o~ money I~erein ref emecl to Ge not promplly puid wilhin 15 daqs next a(ter the same bec~omes clue, o~ i~ each and eoery the ngr+eements, sttpu~ations, oonditions and eovenanta of said note and this mortgage, or either, are not jullq performed, oornpl~ed with and a6tded by, then the entine sun! ~nentiq~~ iw =pid Rote, and this mortgage, or t~e entire 6a~ance unpnid _ thereon. s1~au (ort~uith or therea/ter, at the option o( ~he mortgagee. 6eoome and Ee due and paya6le, anything in anid note or 1?e~+ein to ti?e contrary notwit~wtan~iing. Fai~ure by the morfgng~:e to exercise any of the righta or options kerein pro~iclecl a~aU nof constitute a waiver o~ anq righfs or optioru un~er .said ,note or this mortgage acnued or therea/ter accruing. - - - ~ ~ - - - - MORTGAGOR covenants it will promptly assign to mortgagee all rents reserved unto mortgagor by reason of any leases which mortgagor may execute txpox~ the secured premises or any portion thereof; and any rentals thus received .:.~iy ~i~tgagee shall be applied toward the then next ensuing payments on the pro- ~~,s~o~'~note secured by this mortgage. ,1~• ~1. • r. " •1 /tn~~ ~~u` • `c~ {C~p~jPOIte1TE ~n ~~Nw"u ~1~[~V` fhe mortgagor ~ws caused these presenta to ~ ~-~~t $~ALj 6e,executed in its name, and its corporate seal to be hereunto nj/ixed, by ~e~ ~ : r_.t_ , : t t~i~: ~ ~i~ ? ~ ' • ~ p .o ~icers t~iereun~o'dufy au~~onzed= tl`ie dny and y'ear f irst above written. ~ . ~ . . , . , . ~ . ; . . - • ' ~ - AT~'~ST:~- LI~TCQ~,bN._~I~I.~~S~~NT..ENTEI~,PRISES, C. . , - - E ~ ~ William R. Center-Itss~ r--~ ~ ~ Signed, an deliv in the presence oJ: ~ _ E - - € ' _ 8~~.~~ - - _ - - Sruce . ter - Its P.~aM~ ~ • ~ QJ1~..~- _~~~?~i~,f'---------------------------- ~ O~ FIARIDA ~0~ 0~ ST. LUCIE I HEREBY CF.RTIFY ~Iwt on t6ia dor. be%n mr. on oJlrcer ddy awi~wved in t6e ond Coun~y n/onsaid to talrc oc4rwa~dq- a..~tt, ~~a BRUCE P. CENTER and WILLIAM R. CENTER ~ rrU ~enoan to +ns b de ttie PresideN ont~ Seeretary ros~ctirr lr t 1~ o cw{wralion ro n r d ns ~ ~ nqr~~ppw !n t~w ~wryoiny inalrunrnl. ond l~wl t~ty x~rro~~y or~rwu~edg?i~ ~zeculing I~e sume. in I~e prrarnce o~ fa~u su6tcriding uilnrssrs. i ~~Iy ~d ~t~w;l~ ~d.. a,eM.ur ddr ns~l in tM~n 6r sotJ ~~wrotion and ~?w~ ~6~ xal a~~~~vJ tlKrno u tl~e t?w corporw~ ~wl o~ + ~ ~ ~ ' o~(~ot ~1 b. ~lK C~r ~+d ~~a~. a(«r,ad dw 3rd d~r ~l May . - , ~ ~ ' A. y • Y . ~ ; . - ~i = r`• ~ ~ . • . 1 ~ . _ . ~ ~ . . • . . i ftlE~ AND RECOR~ ~C ; : ~ : Q.'.L.l,....~'~.-=:.....~Ck.~_~~`l ~ ST, IUCIE COUyTY, FI;A~ , otary Public, State of Florida at Large )G ^(~h^ . . L ~ ' . -~s6?'~:~~ ~ Lf~ . ~ My Comm'n Expires: . ` IIOT~~~ WYI.IC. fTATE Oi itCRICA AT LAf~g~' 8;~'.;"{ 3 M~: 2 ~ Mr co~~u~c~, Fxo~~F~ N~~ ~z. ~ ' ~OMOLO TMRO~JQN /At0 w. OtCST[1M01~~+ ~ J l~~ ~ : ~~71 ~2U9~ CL~RK CIRCU{T COURT . , .~...a~:,, - - - ~ - ~ ~ . . ~ - . - -