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HomeMy WebLinkAbout0950 ar~d ahctl pe?jorm, comply wttl~ w~d a6tde 6y ~k nnd ~vo?Y ths ng~mertta, atipu~ntions. conditlons und c~oue~ants thareoj, and oj lhit mortgage, tl~en tltis rrtortgage nnd fhe esfate h..~6y created, skall cease, de- te?mine and 6e null and noid. ~ the mortga9or l~ereby jurlher eovenants and ugrees to pay promptly when .due the principal and tnterest and othe~ sums oj money provided ~or tn said note ond tl~is mortgage, o~ etther; to pay all nnd singu~ar f{~e taxes. assessmenls, ~evies, ~ia6i~1lies, ob~igations. anc~ encumbrancea ol euery nalune on sntc{ pro- perty: to permit, commit or su~f er no wnsfe, impaimient o? deteriorafion of said Innd or f~e Improvemenfs thenwn at uny IIme: to ~eep f~e bui~ings now or hereajte~ on said lnnd Jully insu?ed tn a sum o~ no! ~ess than highest insurable value in a comnany or companies acceptab~e to the morfgagee, the po~icy or po~icies fo be held 6y, nnd payable to. said morlgagee. and in t1~e event any sum ol money becomes ~xiyable by ut~tue o~ sucti insurance the mortgagee si~all have the right to ?ecY+ive anc~ apply the same to tke inde6tednesa here6y secu?ed, aocounting to f{~e mortgagor ~or any surplus; to pay all costs, charges, and expenses, tnc~uding ~awyer s~ees and tifle searches, ~+easona6ly incurred or paid 6y Ihe mortgagee because o/ the ~ailure oj the mo?fgagor to promptly and julty co~Ply u?ith the agreemenls, stipulotions, conditlons and covenants oJ said note and ii~is mortgage. or eilhe~: to pe?Jorm, comply wiiF~ and a6ide by each and euery the agreements, stipulntions, rnndifions and covenanls set forfl~ in said note and ihis mo~tgage or eilher. In the euent the mo?tgagor jatls to pay when I due any tnx, aisessmrnt, t?uwance premium or o!/~er sum oj money payable by virtue o~ said note nnd this morl~age, or eilher, the morfgagee may pay fhe same, wi!{~out waiving or a~jecting the opfton to ~orec~ose or any other right hereunde~, and all such payments sl~all 6ear interest jrom date thereo( at the higl~est law- f ul mte then allowed 6y the laws of Ihe Stale oj Flo?ida. i` any sum oj money heretrt refet?ec~ to f~e nol pro:nplly paid u~ithin fifteen cjays next a~te~ iF~e same 6eeomes due, o~ ij eac6 and euery if~e a~reements. stipulalions, oondifions and covenanls o) said nole and this mor[gage, or eit?~er, a?e nof f ully perJormed, complied wit{~ and abtded by, thea t/~e entire s~un mentioned in said nole, and t6is mort~age, or Ihe enlire 6alance unpaid thereon, shall /ort~with or therea~ler, nt tl~e option oJ the mwfgagee. 6ecome and 6e due and pnya6le, anything in said note w herein fo the confrary nofwif{~sfanc~ing. Fai~ure by f~e moilgagee !o exercise any o~ t{~e rig~ts or options herein i prouidec~ s~a~~ not constitute a u~ainer of any rig{~ts or options uncler saicj note or ftiis morlgage aecruecl or lhereajtpr .ac-cruing. ,,,.:..i:;.. l. = ~ f : • . 1. ~~t .~r •.~t. - • ~ C"r . - . L : u ; 'a . ~ • - ~ . ~ ~ ~p~/~ - ~ ' ' ' ~ ~ Q~ ~PORATE ~n the morlgagor has cnused these presenls to ~ ~•.,~.0 1`.,.•; `~AC) ~e execulec~ in iis name, and ifs co?porate sea~ fo ~e hereunfo aj~ixe~, by ~~s z';;_~~~: proper oj~i ers f~ereunfo ~u~y auff~orizec~, the day and yenr (irst a~OVe u~ritten. ' ATI'EST .~?Q~T._ P~:~~iC~._.S~i_~.~~---CLUB_.~QLI?I~t~_ I •-••-°--°°$erMary 7RFS. COMPANY ' Signed, sealed and de i~~ered in e presencp oj: ~ . . ~ ~ ~JQ ~ E3~• . . - - - N ~G!1!?it.~r~~.4~..--•-'~=~~-=--F'-'-'--'-~r--~-----------------~- ~~e Y~'~2a1s~.r1 ~.~~'rfll - ! . ~ ~ FLORIDA SAINT LIICIE ' 1 HE.REBY CERTIIY Jai o.~ ~6is doy. 6.(«• m.. ~ oJ/~«. d~dr a~lwr~ud M ilK Si~~ ~d Cow~r o(on~d ro iaLr o~bw~.~1~- ~,~s• ~?s«~I~r ~~d HERBERT C. H OGIIE and E. D. IiAIIGHTON • u*ell 1moa~n lo me fo be tlx Pnaidenf ar~ Tre asure r ^~K~~~r d~ ~ C1D~P°f°~1O^ "O°'r'~ °s moNgagor in ltit ~orrgoing inatn~mtn/. ard ltiot Itier srrrno~~y ac4nou~~grd exeruting ltie :nme. in l~w prrsenn o~ fu~o w6fcridi?~g uilnrsxs. l.P.ly d.d rd~„~eo?;Ir ~,.Nk~ o~~~.:~r d„ly n~.d in Ihem br ~J ro.~r~ ~d i6o~ ~Re ,.d a««rd ~Kro ~ dk u~ ,.al oJ w;d oo.po.oUa.?. ~ Wrrn'Ees mr Ia.~d md dl,~sot ,~d r,. JK C«.~u, ~d S~d~ t~ aJ«.,o:d ~ 1l~th oJ J9nuary a. ~q69. ~ - : . ~ ; ~FILEO AND RECOROE ~ ~ ~ ~ - ST. LUCIE COUN A. ~ i c _ t y ~ ' . . - - - • ~ ^ Ro v~~iF~E . poulos otary Publ . , vans Costo , ic ~ - ' ~ `~a~J$ twratr . ; . P~9tJr, AATE Of ilARlpl AT LAit~E ~.~9 JAN I S IIN 10x 26 Mjp1j E,p MIS~p pH OEC. 1 ~e~ . _ ~ _ 2<d ~ -.v • nOGF~ OITRAS CLERK CIRCUIT COURT' soo ~75 PA~ 947 ~ ~ - ~ ~~.,-.V,~~ _ s~ ..~~-:~r,~-~`'~~ ~ -