HomeMy WebLinkAbout0175 ond shall per~orm, oomply wjth and a6ide by each and every the aAreements, atipulations, c~ondittons and
covenants thereo/, and of tl~ta mortgage, Ihen th~t moHgage and tl~e estate l~p~e6y c?eated, ahall cease, de-
ternttne and be null and v~id. •
nf11~ the enortgagor hereby f
urt~er co~ennnts and agrees to pay prompl~y when due the principa~ and
inferes! and ofhar auins o~ money prouidecl (or in aatd note and f?~i~ mortgage. or either; to pay aU and
singu~ar the taxe~, assessmenfs. ~euies, liabtlities. o6ligations, a~d encum6rances oJ euery nature on said pro-
perty: to permit, c~ommit or sujfer no waste. impairment o~ dele?io?afion o~ said la~d or the improvementa
ihereon nf an time: to keep the buildings now or hereajter on said land (ully insured in a sum oj not leas _
hQn the f~ insurable value or the indebtedness secured hereby, whichever be th
~n ascoe
n8~or eom nies acce tab[e to the mort a ee, the li o~ Itciea to 6e keld 6 and able
~y ~ p e g ~ ~r ~ y. na~
to, said mortgagee, and In the euent any sum o/ money 6ecomes ~xiyabl~ 6y virtue o/ such insurance the
mortgagee s1~all have the ?tg1~t to receive nnd opplq the snme to the inde6tedness here6y secured, accounting
to t~e mwtgagor Jot any s~lus: !o pay a~~ costs. charges, and expenses, inc~uding ~awyers fees nnd title
sea?ches, e+easonn6ly incuned o~ paid 6y tke mortgagee because o~ fhe (ai~ure of the mortgagor to promptjy
and jully comply with !6e agreements, stipulations, conditions nnd covenants oj said note nnd this mortgage.
o~ either; to perform, rnmply u•ith nnd a6ide by each and every the agreemenls, stipulations, conditions nnd
covenants set (ort1~ in said note nnd this mortgage or either. ln t~e event ttie mortgagor Jnils to puy when
c,ue any tax, assessment, insurance premium or other sum o` moneq payable by oirtue oJ saicl note antl-thit - -
mortgage, or eifher, fhe mortgagee may rxiy tbe aame, withouf waiuing or alfecfing fhe option to forec~ose
o~ nny otl~er right hereunder, und nll such paymenla shnll 6ear interest jrom date thereof at tF?e bighest 1am-
/uI rnte ihen allowed by the laws oj the State o/ Florida.
~f any sum o/ money herein referred to 6e not promptly paid wilhin 15 days next n/ter
t6e 3nme becomes due, or ij each and every the ngreements, stipulaiions, conditions and co~enants of said
note nnd this mortgage, o~ either, are not (ul[y pe~ormed, complied with and a6td~d by, tl~en the entire
sum mentioned in saitl note. aru~ lhis morfgage. or the entire jialance urtpaicj t{~ereon, s~aU f
orthtuith o~
therea~ter. at the option of t~e mortgagee, b~ome a.~d 6e d~ ~d ~yn6l~. anyt~tng in saicl note or herein
to the contrary notwit~standing. Fnilw~e 6y the mortgagee to exer~cise any of the rig~ls or optioru ~erein
proviclec~ shau not constifute ~ wai~~er oj uny rights or options under sai~ nofe or this mortgage accn~ or
t{~erea~ter accruing. .
MORTGAGOR covenants it will promptly assign to mortgagee all rents re-
served unte mortgagor by reason of any leases which mortgagor may execute
uport~,~e~ttred premises or any portion the • us received
~
" ' e oward the then next ensuing payments on the pro-
_ '~ig~~~~i ~~~J~secured by this mortgage.
~ ~ ~O ' ~ ~ 1 % .'.i:~--. ~
' I~~, ~ ~n ~IKL[VI t~e mortgagor f~as caused these presents to
~~~e s~~ eo 6~ he~~eo aJf~gd, bq ~ts
; £ 5~~% ;
~ A) 6e executed in its name. and ils co
- p r j/icers tTiereunto duly autl~orized, the dny and year ~irst above written.
•7`~ ;
~`t 4? .
;
j A'1`t~S"['- . . , - - LIN~Q~I._~NYE~.T.1~NT_.~~IT~~.t~_'.~EB, C.
E _ W m R. enter Its~+~, ~
~ sig ~ ane~ cje 'verec~ in presence o(: ~ `/C~ _ _
, ,
~
- - ~ Bruce . Center Its P~t
i~-~...
Of FLORIDA
~OItII~IJ Of ST. LUCIE
~ I HEREBY CERTIFY elwl on ~1ds dar. be%nr ~rr. an dli«. dul~ owMriud in ~I~e S1ate arrl C«,nly aJo.rsoid to tnler ocbwmledg-
a~~ a~~ BftUCE CENTER and WILLIAM R. CENTER
' ' !
well Irnwun !o me !o be ll~e Pnsidenl a~ul Seeretary resrec~i~rly o(' du cor~wration namrd a~ ~
Y
~ morfgogw in l~ fa?rgoing irWn~mrnf. and t~wt Itity rr~ero~~y ac~nou~~ged esecufing Itir sanr, in Itie prns~ncr oj tua subsctibing witneuea.
z;.
~ (.Klr a.~d ~o1~.ua.~ly ~d~. w,d~«:~y d~(y oe~~d in ~6em 6y raid ro.~;«~ a.d ~6a ~6~ ~1 aJJ~~d iMr,rto u i{~ w~ o/ s
~ ~ i
' W~17VESS mr Ia,d ~d ollK;d ,ed Cd„u~ a?~d Sia~ f~ al~~d ~ a~ dar ol May .
~ . A.D.~968~
~ L~ -ANO RECOR~Et~' ~
3 I:UCI~ COUNTY. FIA.~ :-;.C,~~ :
RECOR(? V~~1~{FO :,`v d~ .
- _ . , . - - . _
;o~ ~ otary Public, ~tate o~ Florida at Large
7~~ - - ~
' ~ ~ ~ M Com.m'n /D -7~ 's
'68 Y 2q PM 2 ' 3q . - . . . y ExPires: eS ;
. i ;
..~~~~i~~'G~i~~ ~j~41 , l ' I r.~ ' ~ • 3
itOv~- R F'0lTRAS
~ C ERK CIRCUIT COURT =~t1'`' q~r
0 R 1/~ PAGE 175
- BOOK
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