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HomeMy WebLinkAbout1575 and ahall per~orm, compjy witl~ and abide 6y eacl~ and every the agreementa, atipulations, condlNona nnd covenanta ther+eoi, und o/ thia mortgaga, then thia mortgage and the eaiate hereby crealed, il~al! oeas~, do- termtne and be null nnd void. ~ the mortgagor ~ereb~r f urt~er c~onenanb anc~ ngre~a ~o pay prompl~y when dut the prlncipo~ and Interest and ofher swna o~ money pwvtdec~ Jor in said note nnd tkta mortgag~. o~ etther: to p~y a~j ar~d singuGu ihe twces, asaessmenls, ~evies, liabt~ilies, ob~igafto?u. and encum6rances oj euery nature on sa~d pro- perty; to permit. comm~t or su~fer no waste. impainrtent or d~t~rtomflon o~ said Iand or Ihe improwm~nla thereon at any time; to keep f~s bui~ings now or ~e~enf ler on said land ~ully inawed in a swri o~ not jesa ehan ~,venty-Fivs T'howand and ao/100 Dollars 525, 000.00~ in a company or compantes accep1a61e to t~e mortgagee, fhe po~icy or po~icies to 6e keld by. and puyable to. anic~ mortgagee. and in f~e even! any sunt o~ rnoney becomet ~ya6[~ 6y ulrtue o~ auch i~uurance f~e mortgagee ahau ~ave ihe right to recei~e anc~ apply the same to i6e indebtedneu he?eby secured. at~couniing to t~e mortgagor ~or any awplus; to ~y all costs, c~arges. a1u~ expenses. inc~ing bwyer s ~ees and titje searches, ?easonably incurrcd or paid 6y the mortgagee because of the jailure o/ the mortgagor to promptly and (ully comply witl~ 1he agreements, sfipu~altons, conditions and couenanta o/ aatd note and lhis mortgage. or eithe~: to per/orm, comply with and abide by each and euery t?~e agreements, stipulattons, c~onditiona and covenants set ~ort~ i~ said note nnd t~ia mortgage or either. ~n ihe event Ihe rnortgagor (ai~s to pny w~en due anq tax, assessment, insurance premium or other sum oj money puyable 6y virtue o~ saic~ note nnd this mortgage, or either. the mortgagee may ~y rhs same. without waiving or af ~ecting the option to ~oreclose or any other rdght l~ereunder, and alI such payments shnll 6ear fnterest jrom date thereoj at the higheat lau~- /ul rnte then allowed 6y tf~e laws o~ the State oj FloRda. ~L anq sum of money herein reJe?rec~ fo Ge not promptly paid witl~in t~r~ days next a`ter t{~e sanee 6ecomes due, or i~ eac1~ and e~ery the agreements. alipu~ationa. c~onditions and covennnfa of saicl note and this mortgage, or either, nre not f ully per/ormed, complied wiih and a6td~d by. !1?an the entire sum mentioned in said note, and this mortgage, or ti~e enlire 6a[ance unpaid tl?ereon, s1~aU fortluuith or ti?erea/ter, at the oplion o/ the mortgagee. 6ecome and be due and payable, anything in said note or her+ein to the contrary notwithstanding. Failure by the morlgagee to exercise any o( t~ie rdghts or opt~ons herefn provided shaU not c~onstitute a waiver oj nny rig{~ts or options uncler saic~ note or lhis morlgage a~crued or therea~ter accruing. , - _ _ _ w+•.. j~~ ,``~~~u~u~~~~.,~~~~, ~jtt"~ ooo' ~r',,~~''• - . ~u :4 ~~~Q. co ~ , = V ' ~f ~ Y ~ ~'E ~n the morfgagor ~as cuusec~ t~iese presenta to 2':7~ , itb)~ 6e executed in its nnme, and its corporaie seal to be hereunto a/fixed. 6q its 3r proper o~ en there du~y nuthorize~, ehe day ~.~d ys~ ~irat a~OVe written. ~ ; ; ; v~~•••..• • € ~~1 •e i~00~D~ BSARD~ B$I.L ~ l~ISSOCIATSS~ ~T`resrn -~-c..~Gc<..--- u-~.-- r~ Barbara T. Beard s~+~r INC ' ed, sealed and delivered in tbe presence of : ~_,y . . By 1~rt'~iiZ --F w---------- ....P~e - ~IL ANO RECORDEQ ~ ~ ST, LUGIE COUNTY. FLA. ' • -----t---------~--•---•-- E~E:CpR~ VERirIFp '68 NOV 22 PM I: 46 ~tate of FLOx~~ 1'~2~45 p~ ST. LUCI$ CLERK C RCUIT COURT I HEREBY CERTIFY elw~ on ~I~ts dor. beJo.e me. on o/Jioe. dal~ aut?w.tud tn J~e S~ae ond Cou,~ey olor~e,od a 1u1~. «1mou~edg- a,~«b??r ~aa.~d ARTBIIR F. T~I00~ a~ BARBARI~! T. BSARD u~ell Enown !o me lo be fl~e Pnsident ond 8@Cl'@~1'~ nspectitxl~ o~ II~e oor~wrolion nomrd m mwfgogw in t~e ~oregoing irWrumenl. and f~o[ t~ep unera~~y ac~riwu+~edged ezeculing I~e aame. in I~e pnsenoe o~ luw w6sai~ing witnesaaa. (n~ly a.d .*06,.<<a.~lr ~r aut6o?i~y duly nu~d ~n ~f~.~ by ~d ~o.~~ a,~d ~ha~ ~,~d a(~~~d tl~en~o u~ a+x ~o.Ro.w~ xoI o/ ' .i w~id cwpo.~~o^- / t~s~i~~~~ ,~1~/rl'NFSS mr lwnd und o/(icial seol in tlie Counly and Slale lai! o(«r~d 1hu ~ dor of ~CtObel' , `r=. `~~t ; 3. • ~ ~ - :=T ~ 1, ~ y~"• ~ . . . • • - ~ . : _ ~ ~ : r ~ ~ ~ h ; ~ . . . Notary Pu~iYic, state-~of~ Yorida~~~~~-~ . ~ ~ 'L ~ G :~r,,; _ at Larqe. . ~ ~`~d bY: My Camaisaf an Sxpires: /-•2 ~ - 7/ T.= , & ~D1~lMS . P..: O. Box 4412 Ft. Pierce, Fla. 33450 800K ~~Q ~'AC~~571 4 • i