HomeMy WebLinkAbout2308 and shall perjorm, ro~P[y w~~h and a6tde 6y each and every the agreements, attpulatio?u, conditions a~d
covenanta Ihereoj, and oj this mo~tgage, fhen Ihis mortgage and the estnte I~ere6y created, shajl cease. de-
te?mine and be null und void. -
~ the mo?tgagor hereby /wther covenants nn~ agrees to pay prompfly when due, t~e prlnc~pal ancl
interes! and other auma of money provided ~o~ in said rtote an~ t~is mortgage, or eit~er; to pay au and
singular the taxes, assessments. levies, lin6ilities, o6ligatio?u, and encumbronces o/ every nature on aaid pro-
perty; to pe?mit. commi! or su11er no waste. impairmen! or deterio?ation o( saicl land o~ the tmprovements
thereon at a~y ttme; to keep the buiWings Row or herea~te~ on soid [and jully insured en a:w» oJ not lesa
t~ian
in a company or compantes acreptable to the inortgagee, ~{~e policy or policies to be held by, and payable
to, said mortgagee, and in el~e euent any sum o/ money becomes ~ya6l~ 6y virtue oJ such insurance Ihe
r?eortgagee shall have the rt9kt to receive and apply the same to t1~e inde6tedness hereby secwed, aecounting
to t~e mortgagor for any surp~us; to pay a~~ oosts. charges, and expenses. inc~uc~ing ~uwyers ~ees and tit~e
senrches, reasona6ly ~n~~.~d or pa~d 6y ~h~ mortgngee because o~ the (ailure of t~e moMgago~ to prompt~y
and jully comply witl~ fI?e agreements, slipu~ntions, conditions and covennnts oj sa~d note and tl~~ mo.tgage,
o~ eitF~er: to perform, comply with and nbide 6y eacl? and every the ag?eemenls, stipu~ations, conditions und
covenants set f
orth in said note anal t1~is mortgage or either. In 1he euent tl~e mortgagor ~aiLs to pay tuhen ! i
due w1y ewr, assessment, insurance premium or other sum o/ money payable 6y uirtue o/ satd Rote ~.,d e~u
mortgage, or either, !he morfgagee may pay the same, without evaiving or al~ecting t~e option to ~oreclose
or nny olher rigl?t hereunaer, and aII sucl~ payinen~s ahall 6ear interESt /rom date tl~ereof at t6e higl~est Iaw-
ju[ ~+ate then allou~ed by the Inms oJ tbe State oJ Fio.~da.
any sum o` money herein re%rred to be not prornptly paid -mithin daya next alter
the same becomes due, or ij each and every tlee agreernents, stipulations, conditions and covenant: o) said
note and th~ mortgage, or eit{eer, me not jully per~ormed, compTied with and ab~d~d by, tl~en tl~e entire
swn rnentioned in said note, and this mortgage, or tl~e entire 6alance unpaid tl~ereon, shaU ~ortluuith or
lherea/ter, nt tl~e option o~~'ie mortgagee. 6ecome and 6e due nnd payu6le, unything in said note or I~erein ~ ;
to the contrary notwithstnnding. Failwe 6y tF~e mortgngee to exercise uny o( t1~e rigl?ts o~ options herein
provic~ec~ s~nl~ not consiitute a waiuer oj any rights or options unc~er snid nofe or t~u mortgage necruetl o~
t~iereaf ter accruing.
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(CORPORATE ~n ~~NS~..w ~~~1 f~e mortgagor has caused tf~ese presents to
SEAL) 6e executec~ in its name, and its corpornte sea~ to be hereunto ajjixed. bq its
proper o(~icers t{~ereunto du[y auti~ori~d, t6e day and year (~at~at,(~e i,iiriiten,
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A7TEST:.------•-------------•----------...----•-------------------•------•-----• ---INDIAN_ RIV~.t TRADING: (SOBFOBATION • -
Sec,elary - ~ - - -
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Sign , s lecI and deli red i t e presence oJ: r~- ~ _
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G~~ By - ~ ------•--l -=-%•'---•-••---------•s.---
• - - PSCIAL A~$NT ' • . .
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F1LE0 ~ND RECORDED ~
ST. LUCIE COUNTY. FLA. ~
t.c••n;•~; - 1^ ~
1~~3Rr`~ ~ t
~tate of ~~I~ '6~ J~~ 18 PM 2: 5 I r :
Ol ST. LUCIS ~j.1~' `
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I HEREBY CERTIFY ~/wt on sF~is day. br/~?e rrw. an u(/icer ddy uwhoriud in ~l~t. S[ote_iwdi~iii~tj~e~~nrsaid ro la~e ac~nwa~edg- ~
a'~°"dir J.W. Dickson CL~RtC CIRCUlT COURT ~
u*e11 l~noam eo me to ~x tl~e Presiden! ond ~ ~
nspedinr~y o~' Itie coryorolion nanrd as ~
+++o+tgago? in I~e ~arrgoing insfru+ewnl. and t~w! Itiry serero~~y a~~enou+~ecjg~ ecen.lin,q ltie sarrr. in l{~e pesencr o~ tu+o subaoibing u~ifrrsuf.
~~et~y a??d ~unlari~y urw~tr qut~ority c~y rested in I~+em 6y said cor~wration and Itiot Itie sea~ a)(ic~ ftie~rfo is Itie tnx co?pwnt~ sta~ o~ ~
soid corpora~im. ~
Wfl't~F.SS m~ bond und oJ(iciol seol in tl~e Counly and $tate fast a/onsoid tl~is 1] daY o( ~july . ~
A. D. ~9 68.
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IIOTARII PUBL:C. ST~'C~ QF RC~i'A Ai l?ee~ ~
MY GOMMISSION EXPI~FS Nc~v 1?, 197) ~
° J,it ~OMD[O iNROUGH /RED W_ G~ESiE~poAS~
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. t-,,,...~~~.' 600K~7~ PACE2~c75 ~
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