HomeMy WebLinkAbout2245 and shall perjorm, comply with and a6~da 6y euch and every the agreeme~ts, stipulutions, condiltons und
covenanls Ihereoj, and oj this mortgafle. Ihen lhis morlgage nnd the estate hereby crenled, shall cease, de-
fermine and 6e null and void.
~d tl~e mortgagor hereby jurthe~ covenanls and agrees to pay promptly wl~en due fRe p~Incipnl ancl
interest anc~ ot~er sums of money pro~ided Jor in snid nofe and this morfgage, or eifher: to pay u~~ and
singular fhe ta.res. assessments, le~~ies, liabililies, o6ltgalions, and encum6rnnces o) every ~afure on said pro-
pe?ly: to pe~mit, commit or suf~er no wnste, impairmenf or c~elerio?ation o~ said ~and or fhe impro~ements
thereon ~t any time; to kepp !he 6uildings now or hereaf ter on said land jully insured in a sum o) not less
than •
in n company o~ companies accepta6le fo the mortgagee, the policy or policies l0 6e held by, and puyable ,
to, said mortgagee, and i~ Ihe event uny sum oJ money 6ecomes Paya6l~ 6y virtue oj such insurance the
mortgagee shall T~ai~e tf~e right to receive and apply Ihe same to the indebtedriess here6y secured, accounling
to fhe morlgagor ~or any surp~iu: to pay aII costs, c~ar~es, anc~ expenses, inc~uc~ing ~owyer s f
ees and title
searches, reasong6ly incurred or paid 6y the morfgngee because of Ihe )ailure o~ the morlgagor to promplly
ane~ ~ully romPly wifh the agreements, sfipu~ations, condilions and covenanls o~ said note and t~is mortgage,
or eif~er: fo per~orm, comply u~itl~ and abide 6y each ancr every the agreemenls, sfipu~g~i2r~~_~Qnc,itions und
covenonls set (ort/~ in saic~ note and tl~is mortgage or eitl?er. /n fhe euen! t1~e mortgagor fai~s to pay u~~en
due any Iax, assessment, insurunce premium or other sum of money paya6le 6y virtue oj said note and this
mortgage, or eil{~er, the mortgagee may pay the same, wifhout waiving or a~lecting t~e option to Jorec~ose
or any olher iight hereuncler, and all suc6 payments shall 6ear inte~est jrom date thereo~ at the highest law-
' jul rate t{~en alloiued 6y ll~e. laws o~ the Stale oj Florida.
~l any sum oJ money herein re(erre~I Io 6e not pro:nptly paid within -3~- days next ajter
i?ee same 6ecomes due, or ij pnch and every the agreements, a!ipulations, conditions and couennnts oj snid
nole und this mortgnge, or either, are not f ully per)ormed, complied with and a6~ded by, then t1~e enti?e
sum mentioned in said note, ancl tf~is mortgaUe, or the entire 6alance unpaid tl~ereon, s6all /ort{uuith or ~
thereajter, ai lhe op~ion oj the morlgagee. 6ecome and 6e due and paya6le, anything in said note or herein
to fhe contrary notwit~standing. Faijure 6y ~he morlgagee to exercise any of the rights or opttons {~erein
prouided shall not constitute a waiver of any righls or options under snic~ note or this mortgage accruecl or
t~ereaf ter acc~uing.
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(CORPORA ' ~n ~itness ~ILY[~~l the. mortgagor I~ns cnused these presents to
' S G~~ be executed in its name, and its corporate sea~ to 6e {~ereunto n))ixetl. 6y its
i ~ proper o~jicers thereunto cIuly acdhorized, the tlay and year ~irst above wrilten~
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~ ATTEST-------------~ .~_..7f~~;~~,~:X---GQR~'Q~T~S?~--=----`--=--~=_----
~ SecrcfarY _ . . - .
$ign , sea cl an~ ive t~~e presence oj: _ ~ ~ ~ • . ,
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• ~ FILED AND RECORDED' ~
~ -~,--~-~~t-;~. - =L'_'_...._....__...... ST. LUCtE COUNTY. FIA. • :
i~ t't'-r7,~'"IF~ . . '
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'S8 JUL 17 AM 11:04 ;
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~t1te ~f FLOx~nA z
r~ ` ~ ~ oc ~ R :s °
~trUll~ Ol BROWARD CLERK C~R~U17 COURT t
~ I}fEREBY CERTIFY tl~at on Il~is day. 6r~an mr. an o~f
icer ddy aull~oriud in t1~e $[a!e artd Counlr n~onwid !o la~e uclmow~edg- ~
I'~.'%~~,~~;~~h ~rv~ C. J. AC~E and THOMAS L. MARSHALL
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~ ;,k~ 1~nvyn..fa me fo be tl~e Presidrnt ~a Seeretary ~espediirly o~ Ike co?poralion namrd m ~
s: ~garl~~~~in l~je ~oregoing inslrumenl. and I~at Ihry srrerally ac{u~owledgrd ereculing I~e same. in I~e prvsancY oj lu*o w6auibing urilnesses. ~
~ ~ ~rpe~ dfil ~yntari~y uru~er auttiority du~y rrste~ in I~em 6y said rnrpwulion ond ttiut t~e ~ea~ a(fiued ltienlo & ttit Irue ewpwole sta~ o~ ~
ti SOi4 a ^ j0~1. J~ ~
~ ~~1'~ y 6anJ and o(~icid seol in l6e Coun~y and S~ole las! aJ ~ do
~ . '~',~.ss m ~s ` r June
~ - , A:` .,v 68
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~ ~c. St~ ~1 ~i~+ l~r~!
fAt? C~,MSSiM Ea~ira Nor. 1. 1f71
~ ...N_ ~y A~wiuw ?o t Gs+M~f G~
BooK i 72 ~~?~3~
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