HomeMy WebLinkAbout2242 and shal! perjorm, comply witl~ ond n6ide by each and euery t1~e agreements, aliputations, concjitions and
eovenanta Ihereo~, and o! lhts mortga~e, 1F~en Il~b maHgage and tl~e esta~e he?~by c?ented, shall cease, de-
ter?nine and be null ond void.
~ the mortgogor here6y jurthe~ covenants und ag?ees to puy prompt[y when due the p?incipal and
inter~st and ottier sums oj money providecl ~or [n anid note anc~ f~iis morlgage, or etl~er; fo pay a~l and
sinpular ~i~e taxes. assessmenls, [ei~ies. Itabilities, o6llgattons, and encumbwnces o/ every nalw~e on said pro-
Yerl;: !o pe?mit. commit or su~fer no waste. impairmen! or ~eterio~ntion oj sa~d l~Rd or flee improveraents
thereon nt any time: to lreep the 6uildings now ar herea~ter on saed land /ully insured t~ n sum oj not less
than
in a compar~y or companies QCCPpjlldie ~O Ihe mortgagee, the policy or po~icies !0 6a held by, and payable
to, said mo~tgogee, and in the event any sum oJ money becomes ~xiya6l~ 6y virtue o( such insu~ance the
mort9agee shnll have the rigl~t to ~eceive and apply tl~e same to the tnde6teclness i~ere6y secured, ac~counting
fo i1~e mortgagor (or any surplus; !o puy al~ costs, c~arges, and expenses, inc~uding ~awye~s jees and tifle
searches, reasonably incurrec~ o~ pnid by !tie mortgagee ~ecnuse ol t~e jai~ure oJ the morlgagor to promptly
and Jul[y ~ompiy u~ith the agreements. stipu[ations, conditions nnd covenants o( said note and this mortgage,
or either; to per/orm, comply witl~ an~I abide by eac1~ ancl euery tf~e agreements, s~ipulattons, c~onditions and
covenants set forth in saic~ nofe and this mor(gnge or either. ln fhe eienf the morfgogor ~eils !o pny when
cjue any tnx, assessment, insurQnce premium or ofher sum oj rrioney payable 6y ~irlue oj said'~note and this
morlgage, or eifher, f~e rreortgngee ~ay ~y ihe same, wif{~out waiving or njjecfing the option to forec~ose
or any other riglet leereunder, a,u~ all such paymen~s sl?al! 6ear inlerest jrom date thereof at tl?e ltigl~est Iaw-
jiii iuiC i~ic : G~~•^.w!~ 6y the ~QWS Of ~~6 J~Q~e O/ F~O~l~Q.
any sum o/ ~noney herein r%necl ~0 6e not pro:riptly paitl mithin -30- days next nJter
the same becomes due, or i~ eac~ and euery fhe agreements, stipulations, oondifions cind covennnfa o~ said
note end ih~ mortgage, or either, ure not jully pe~f
ormed, complied u~ith and a6~d~d by, then the entire
sum mentioned in said note, and t{~is mort~age, or ihe enlire 6alance unpaid ll~ereon, sI?all joreltiwttk or
tl~ereajter, at the option oJ the mortgagee, become and 6e due and paya6le, anyt~ing in said note or F~erein
to the contrary notwithslanding. Failure 6y fhe mortgagee to exercise any o~ f~e rig~ils or options herein
prouided shall not constitute a u~aiver o~ any rights or options unc~er said note or Ihis mortgage accrued or
thereajte~ accruing.
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(CORI'ORAT ~n ~~N~~~ ~~0` t1~e mortgagor hns caused these presenls to
~E ~ he executec~ in its nnme, ancl ifs corpornie sen~ to be ~ereunto n~(ixetl, by ~ts
k proper o~f
icers thereunto duly authorized, the day and year ~irst a~ove written.
ATTEST:---------•-• • - - -T~.-• ~-------GSLEY__ CORPORATIt~ _ . .
SeeMary \ \ f
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Sig , sea~ed nnd Iive c~ ' t~ie presence oj: ~ ~ _ _ ' _ : , _ ;
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- ~ FILED AND RECORDED ~ ~
ST, WCIE C~UNTY. FL.A. ~ - ~
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FLORILIA)
~UI~ OI BROWARD~ ~l•. - - ~ ' ~i S
I HEREBY CERTIFY t/wt on ~lui dar. &(«e mr. an oJJi«? dd~ °u~~ ~i ~~(~i ~6(oresa~d to faLt «Ionomfedg-
~~~r °Pa°~ C. J. AC~E and THOMAS L. MARSHAI,i,
~ , ~ ,;r~rr.
_ wefl.~biirjo me ~o be t6e Pn,~.~ ~,a : Seeretary rr-T _~~aly oJ tke corPornean nomed as
: ,
9~9~; A~,~°f~n8 inshumrnl, a~ !tia! t{~t} xatra~~r oc~eno~uleogeaa szecviir~g Itie same, in Itit senoe
R°;~ prr o~ !wo subscridirp wilnrasrs.
v~~ l/rre~r ~ v''olunlorily unde? m~thorily duly resled in l6em 6r said corporalion and thae 11ie sea! aJ(iued ll~erirlo is 11ie true corporule sral o/
: ' ; °~d . ~.a,~o,;.
j• L WITNESS ~r la„d a.~d ~/~~~1 ~1 M~h~ Ca,.~~y a.~d S~~~ oJ ~ i6~ s dar ol June
~ n. U~'!9,68 -
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N~t~ry h~Gc. Sute ol Florid~ at l~rp~
My G~aiasiM E~ins 1~1N. 1. 197i
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