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HomeMy WebLinkAbout1645 and skaU perJwm, cbmply with and n6ide by each and euery t?~e ag?eeme~ta, sHpulations, eondttions and covenanb the?rof. and oJ thia mortgnge, then ehia mortguge and the estate here6y created, sl~all c~se, de- tennine and 6e null and void. ~ the mortgugor hereby ~urthe? c~ovenanb and ugrees to pay promptly wl~en due tl~e prtnctpal and inlereat and otl~er suma oJ money provided (or i~ aaid note and thia mortgage, or elther: to pay al! and singular the taxes, assessments, Ie~~tes, lia6ilities, o6ligaltons, and encum6rances o/ every nature on aaid pro- p~rty; to permtf. c~ommit or suf~er no waste, impairment or deterioration or sa~d la?~d or the improvementa t~er~eon at any time; to leeep tke 6uildings now or hereujt~er on said land ~ul~ insurecl in a aum o~ not ~ess ~h,l„ ~ sstetrll S~ rable value or the indebtedness secured ~iereby, whichever be the tn a rnmpany or co~npnnies nc~ceptub~e to f/~e mortgagee, ihe po~tcy or po~Icies eo 6e held 6y, and paya6l~ to, said mortgagee. and in t~e euent any sum o~ moneq becomes ~ya6le 6y virlue oJ such inswanee fhe mortgagee sha:I /~ave tf~e rtght to receive and applq the same to the inde6tedness I~ere6y secured, nccounting to the mortgagor jor any surplus: to pay alI c~osfs, c?~n?ge.s, nnd expenses, includi~g Inwye~'s jees and title searches, reasonably Incun~ed or paid 6y the moNgagee berause o/ tF~e /ailure o/ the mortgagor to promptly and ~ully comply u~tth the agreements, stipulationa. ~ond~tto.~ ~d oo~nants oj said nole and this mortgage. o~ either; to per`o?m, c~omply with nnd abide by eaeh and euery the agreements, atipu~ations, c~ortditior~.t and covenants aet /orth in satd note and this mortgage or either. ln the event the mortgagor jails to pay when clue any tax, a~sessment. insurance premium or other sum oj ~ongy ~ya6l~ 6y nirfue oj snia note and lhis mortgage, or eifher, ihe mortgagee may paq t1~e ~ame, wiltiout waivIng or a~fecting the option to ~or+eclose cr any ot6e~ rigl~t hereunder, and all such payments shall 6ear interest ~rom date thereoj at the higheat law- jul rate 16en allowed 6y the laws o/ the State o/ FloRda. ~l nny sum of money he?ein rejerred to be not promQtly paid wit~in 15 daya next af tet the same beeomes due, or ij each and every the agreements, stipulations, conditions and c~ovenanta oJ anid note nnd this mort9age, or either, are not /ully performed, c~omplied with nnd a6~dsd 6y, tlien the entire sum mentioned in said note, and this mortgage, or the entire 6alance unpaid thereon, sl~aU forlTw~ith or thereajter, at the option oj the mortgagee. 6ecome and 6e due and pnya6le, nnything in said note or heroin to t~e contrnry notwit~standing. Fai~ure by the mortgagee to exercise any oj !~e righb o~ optiwu herein provided shal~ not consfitule a u~aiver of anq rights or options under said note or this n~ortgnge actiruec~ o~ therealter uccruing. MORTGAGOR covenants it will promptly assign to mortgagee all rents re- served unto mortgagor by reason of any leases which mortgagor may execute upon the secured premises or any portion thereof; and any rentals thus received by..mortgagee shall be applied toward the then next ensuing payments on the pro- .,~ssory, note secured by this mortgage. • . .C` ~ : ~ , . ~ (C~IRPORATE ~n ~~Nww ~~L the mortgagor has cnused tl~ese presents to ~c~ :-SEAL) lie executed in its name, and its corpor+ate sea~ to be herRUnto n~fixed, by ; 1 - pro ehe~ew~eo du[y Quehori~d. the day and qear ~frst a~ione u~ritten. I .'A'I~S`T= . I.IN~O.Lt1T.~iYEST~dENT..E~iTEBI?RISES, C. ~ . ~ ~W~lliam R.~Cen~er ~ts s~,ary { Signed, aealed and deli~ered in tbe presence o/: / C y, _...~!1.-<<~~- ~~Ci,r22~ F~l~ct~N - ----...D ~ Its ------P.~,~d~.,~ ' ~ - ,q ST. LUCfE COUNTY. FI.A. ~ i. C C~ RO V~ RI F;E D; ~ '69 ~!H'; 3 0 P~t' 4: 2 9 1'7433~ O` FIARIDA ?:0';ER iOtTR~S ~ ST~ LUCIE CIERK CIRCUIT COURT t HEREBY CERT?FY tlwr on tlw dny. btJonr mr. an ol~icer dulr autlwri:ed in tlr S~ds a?ul ('ountr nJorrwid 10 ~a/er ocbwa~edp- ~ a.~«ett, ~d BRUCE P. CENTER and WILLIAM R. CENTER ~ ~Ytt ~ ~ ~ ~o ~ ~tK rn,~t.~ ~a Secretary n~,.P.-<<n~, ~ ~t~. ro.~~«, .n,~..d ' rrortgopa? in t~w ~ar!poing irufnu?rnt. or~ I~w! Itity s~trrul~y or~?~ou~tdyea ear~utin,q ll~~ wnr. in ftir nnrxru+t o~ fuo w6sniding ~+ilrrssrt. /.,r.lr ~d ~d~~lr ~r ~i~i~y d~lr n~.J in ~lkm by wid a.~d ~6~ dK s~d ~~f~~.d dr.,~to a d~. n~,. .~.~.de ,.d o/ ,aid carpornt:un. WlTN~CS ~r Mnd a.~d o//~;o~ ~ dK ~1 Sr~. lw~ oJw.~:d du, 30th do. ~ January . A. D. to 69ti - • ~ `i11. - ~ ~ . Noi.ary Publ~c. State o1~ Florida at Large . - , • ~ My Comm'n Expires: -,~~~0 ' ~ ; , _ ~ ! . ~ r- ' - ~ - . . . . . - U k ~7 ~ ' ' ~ b00~( ~ 1 ~ "rA~f 164z ' 1 '°ti ~ ~ r~~ ~ ~un~"~..~';~'`~~~~~ , :z . . . ""i~.