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HomeMy WebLinkAbout2239 and shal[ perjorm, comply wit1~ and a6ide by each and euery !he agreements, stipulafions, conditions and covenants lf~ereof, and o~ I~is mortgage, then Il~is mo?tgage and tl?e eseate here6y cveatecl, shall cNase, de- lermine and be null and uoid. 1111~ the mortgagor hereby JurtF~e~ covennnts and agrees~ to pay promptly when due the principal and interest and otl~er sums oj money proviclecl ~or tn anid note and th~s mo?t9age, or eitl~er: to pay alI aRd singu~ar Ihe laxps, assessments, ~evies. Iiabilities, obl:~at~ons, an~I eRCUmbrtences of ea~ery nuture on said pro- perfy: to permit, commit or su~~er no u~aste, i+~?ipairment or cleteriorafion o~ said land or 1{~e improvements thereore at any lime: to ~eep fJ~e 6~~~Id;,~9: now or herea/te~ on said land (ully insured in a sum oj not less lhan in a company or companies acceptnble to Ihe mortgagee. Ihe policy or policips fo 6e I~ptd 6y, and pnyable to, said mortgagee, and in tho event any sum o) money 6e~comes paya6te 6y ~irlue o) such insurance the mortgagee Shall ha~•e II~e right fo receive and apply the same to the inde6tedness f~ere6y secured, accounting !o the mo~lgagor ~or nny surp~us; to pay n~~ cosfs, c~ar~es, a~tl expenses, i?iclucring jawyer s~ees nnd tit~e searches. .~ona6[y incurrecl or puid by fhe mortga~ee because of t~e ~ai~ure o~ t~e morlgagor to prompt~y nne~ fuUy compty witl~ the ngreemenls, stipulntions, conclifions ancr covenants o/ said note and ~l~is morlgage, f~itl~er:-to-perjorm: eaertply-a•eth uncl abic~Ile-by~cech ancl- et,ery-iJ~c•-agre+ementr~ stipulutiQres.~onditions and covenants set forth in saic~ nofe and fhis nreorfgage or either. In !he evenf t~p mortgagor ~ails to pay w~ten 1 clue any tex, assessment, insurence premium or ot6er sum o/ mortey poyable 6y uirtue oj said note and ~h~ mortgagp, or either, fhe mortgagee may pay fhe same, wifhout waiuing o~ ajfecting Ihe oplion to ~oreclose or any other right hereunder, and all suclt payments sltall bear inferest Jrom dale thereo/ at the itighest law- f ul rate lhen nllowed 6y the laws oj t~e Slate. oj Florida. a~y sum o~ money herein re~errec~ fo be ~ot pro:nptly paid u~ithin --3~- dnys next a~ter tl~e snme becomes due, or if each and euery the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, nre not /ully perjormed, complied with and a6~ded by, then the enlire sum mentioned in said note, and this morf~a~e, or the entire 6alance unpaid tl~ereon, s1~nII fortluuith or fhereaJter, at the option o~ !he mortc~ac~ee, become and be due nnd paya6[e, anytRing in said note or herein io t~e contrary nofwittislnnding. Fai~ure 6y tf?e rriorlgagee !o exercise any o~ the ratCs or opfions herein prouic~ec~ s~ial~ nof consfiiuie a u~aiver oj nny rights or opfions unc~er said rio[e or Ihis mortgage accruecl or t~ierea f !er accruing. w: ~5 1 ~~~,r r,;~ ~ (CORPORA ~n ~itness fl~e morlgagor hns causec~ fhese presents to SEAL) ~ 6e executed in ifs name, anc[ its corporate seal to be hereunfo a~E~~d; by <<s ~ proper o~~icers ihereunto duly oathorized, the day nnd year f irs! Qlwv,e wr~tten. i . I ' _ . . . : ~ . ATTEST--------------- - - ` - . ~---KINGSLEY _ CORPOR~?i'~'I~~ Sec~~lary ~ • • ~ Si ed, se ec~ ancl tle iver i e presence o~: i-'- BY----~ ~ _ ~ ~ - - ~ - ~ . • ? _ . Prci:d~nt ~ , - i . " . . . ; - - _t~-~~!"______________ F1LE0 AND RECORDED' - r ST. LUCIE~COUNTY, FLA. ' ~ • ' ; , / ~r~.or. ~ 'r';Z i ` . _ 1~$~~14. ~ . ~ '68 Jt'?t 17 AM 11:04 ~ Of FLORIDA ~ : ~1?UII~ Of BRO~RD . ~~J i ':~.~Jt_f; f'~~~r~+J I HEREBY CF.RTIFY tJwt on tl~is dar. brJo~r mr. an of/ic~r~ d `dERhb}'iuX~`R l~tu S7weC'and ~T nIr a/o?eraid to lo~e acbiauiledg- ^K"'=•a'~°~~r~d C. J. ACI~E and THOMAS L. MARSHAId, ~ ~ ~o ~ ~o ~ Pn~d..~ ~ Secretary .p~~e~o~ly d ~d ' ?~tl~i! in l~ ~on9oin9 inslrumenl. and I~ot they savtra~~y ucimow~edged ~xecuting Itie same, in t~e pr~xnce oj /u~o wdsc~iding wilnesxs. : ;,(:~~fe~Er,`pwyl voluntarJy urwler autlwrily duly re~erd in the?~ 6r so~d corpo?a~ion ond ~60~ ~!K senl orriY~d ~rrto is d~e ~n~e coryoro~e sPa! oJ i ~ ti ~ 1 sutd. ~+arporyio,,. •~'~~1~$$ my ~cru~ and of~irio~ seo~ in I~e Counly and $taft ~asf afwrwid ltiis 2/~ daY o~ June v '~'A'D" i9 6~ . ~ : .i•~• ~ G : f ~ ~ . • . . _ . - . . ~ s' ' ~ ~ ' ~ .w i ~ = . ~ . . c i,~~ Nol~ry Publ`K. 3bte ol Flond+ ~t LsrO~ . My Co+~Tission EYpires Nor. 1. 1971 ~~A,~~ 6r l1-n.:.~ f.a a Gs+wrtr Gw ~~~~,--Y~ `::_.,=,s _ ~~1 . .