HomeMy WebLinkAbout2911 and al~all pe?jorm, comply wilh and a6ide 6y each ancl euery the agreements, atipulalions, condUlons and
c~ove~ur~ts t6ereoj, nnd oJ thia morfgage, li~en ihia mo?tgage and the e~tafe he~6y c?eated, aha!! cease, de-
iermine and be nu~~ anc~ voic~.
~ the mo~tgagor hereby f
urthe~ covenanfa and ngreoa to pny prompfly w~en due !he principal and
inlerest and othe~ sums oj money provided ~o~ i~ suid note and thta mortgage, or eilher: to pay all and
singular fhe taxea. asseumenls, levies, ltabililiea, ob~igafions, and encumbmnces of every nature on sa~d pro-
pe?ty; to permit. commif or sujfer ~o wwte. impairment or c~efe~oration o~ said ~and or fi~e improvemenls
thereon at any fime: to keep t{~e bui~ings now or ~erenlter on said ~and ju~~y i?isurecl in a sum o( not less
than the highest inaurable value
in u company o~ companies acceptable to the morlgagee. the po~iry or po~icies fo be 1~eld 6y, and payabje
to. ~nid mo~tgngee, and in tF~e e~ent any sum o) money 6ecomes ~,ya6[~ by ~trtue oj auch insurunce the
mortgagee ahall have tl~e right to ?eeeive and apply tl~e same to !ke indebtedness hereby secured, accou~ting
to ihe mortgagor ~or any surplus; to Poy al[ ~es, charges, and expenses, incjuding ~nwyers ~ees and iif~e
searches> reusona6ly incuRed or paid by the mortgagee 6ecnuse of the jatlure o) the morlgagor lo prompfly
nnd Jully comply wilh the agreements, stipulations, conditions and couenants oj said note nnd this morfgage. ~
or either; to perjorm, c~ornply with and nbide 6y eacb and euery the ngreements, stipulationa, condition~ nnd ~
covenants set ~orlh in said note and this mortgage or either. in tl~e euent Ihe mortgngor ~ails to pny when ~
due any lnac, assessment, insuranee premium or other sum of money payable by virtue oj said note and tl?is
mortgage. w eithe~, the mortgagee may pay f1~e sane, without waiving or af)ecting fhe opfion to forec~ose
or any othe~ rigl~t I~ereunder, and all such payments shall 6ear interest jrom date thereoJ at tke h~ghest Tau~-
jul rate then allowed 6y the Iaws o) !he State o~ Florida.
)L anq sum of money herein referrecl to be not prornptlq paid wilhin thirty days next after
ihe same becomes due, or ij each and every the ngreements, stipulations, conditions and covenants o) said
note and tl~is mortgage, or either, are not juUy perJormed, compliec! with and ubided by, then t1~e entire
sum menYioned in said note, and t1~is mortgage, or tl~e entire balance unpaid thereon, shall ~ortluuith or
therea~ter. a! the option oj the moNgagee, become and 6e tlue and paya6le, anyt/~ing in saicl note or herein
to the contrary notwit~stanc~ing. Failure by ihe mortgagee to exercise any o( !he rig~ts or options ~erein
provided shnU not constilute n wuiuer ol any righis o~ options under said note or ihis mortgage accnred or
thereaf
ter accruing. ~
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~ , , -.~j ` ' (CQ~t1~Ri1TE ~n the mortgagor has catued these presents to
;~~IL~ be executed in its name. nnt( its corpomte sea~ to be hereunto aj/ixec~, by ~rs
r., ; proper o~~icers thereunto du~q authorized, the day and year ~irst aEiove written.
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_ ~ = ~ PROPERTY MANAGEMffi~iT GROUP~ INC. ,
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, ' , a Florida corporation,
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Watson, Its s~ur
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Signed, aealed nnd delivered in t6e presence o~: ' .
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~ William H. at on,
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O~ FLORIDI~
MARTIN
I HERF.BY CER77FY dwe on d~ts dor. 6eJ«e .ne. an ollioe. ddr autborired tn d~e Sto1e ond Count~ aJa.,aid w t~lns ocbwu~ledp-
?~.w. ~«bt?r ara~ ~iTIT,LIAM H. WATSON and SUSAN J. WATSON
~ uiett b~o~n b ~ne ~o be aK Prc~dent on~t SeeretarY n~r d Ihe ~~ia, rwmea d
~ mo~lgago. in Il~e !~e rnsl.umrnl. u.d t?wr tl~er seoe.dlr oeleno~uledged eieading l6e sa~ne. rn d~e ~resenae o( ~wo su6scribing urune,t~:.
~.~tr ~d wl~a.d~ ~ ~i~.ur d„Ir or~~d ~ dKm 6y ~d ro.~~ ~d ~ ,~d aJJu~d ~?,~a ~ ~ u,K ~o.~.a~ xd o(
soid owyao~toa.
W~17VFSS ~wr M,d ond oJ(ic~al sen! in ~/~e Cw,rur nnd S~ore Iwt ulo.e,dd Jus ~~D dar ol D@CBIRb@1 -
A. D. 19 EiB.-
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i y FILED AND RECOROED ~
, Si. LUCIE COVNTY. ~LA: _ . .
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~~ei~j ~ ~ 1~3i`74 My c ission $xpires:
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` CLERK CIRCUIT COURT g00K1~~ PACF~9O~
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