HomeMy WebLinkAbout2689 and tkal! pe?/orm. comaly with ancl abtd. 6y ~h a~d enery fha agreementa, atipulatiora. condttions and
oovenanb thQreo/, and oj tl~b mo?tgaee, then this n~ortgape and the sstate hereby created, shall cease, de-
tenntne and b. null and votd.
~ t~e nwrfgagor kereby ~urt~er c~ovenants and agreea to pny promptly when due t ie prtncipaj and
inferest and other sums of mone~r provided /w in said note and lhts mortgage. or either; to pny aU and
singu~ar f1~e taxes. asseasmenta. ~evies, ~ia6iGtier. o6~igaitons, aruj encumbrancea o/ euery nature on autd pro-
perty: to perneit, c~ommit or su~f
er ~o waste. impatrment or deterioration uf aair~ jund o~ fhe impronemenb
thereon at any ftme: !o keep Ihe butldinga noru or herealfe~ on sa~d Ia?1d jully insured in iC]~OC3i~tlmt~(
~ the higheat insurable value '
in n company or companies acceptable to fhe mortgagee, tl~Q po~tcy or rn~icies to be he~ by, and pnynb~e
to, saicj mortgogee. and in !tie eoent ar~y sum oj money becomes ixiyabl~ by virtue of such tnsur+an~e fhe
mortgagee s~aU hnve, f~e rigl~t to receiue and npply !he same to !he indebtedness I~ereby secured. ac~countfng
to t~e mwtgagor lo~ anq aurp~ua; to pay all costs. cha~ges. and expenses. ~ncludtng ~awyer a(ees and title
searcl~es, reasona6ly incurre~ or paid by the mortgagee because o( tl~e /ailure oj the niortgagor to promptly
and jully comply wtf~ t/~e agreementa. atipujafions, condUto~s and covenants o( said note and this mortgage,
or either: to per~orm. oomply witl~ and abide bq each and e~ery ttie agreementa. stipubtio?u. c~onditions and
conenants set ~wf~ in said note ancl this mortgnge o~ eiiher. ln fhe event t{~e mortgngor fai~s to pay when
due any tax. ossessment. insurance premium o~ otf~er sum o( money paya~je by virtue oj snicl note and fhis
mortgage, or either. the morfgngee may pay fhe same. wifl?out wuiving or affecting t~ee option to forec~ose
or any otF~er right hereunder, and all auch payments sl~all bear interest jrom date tl~ereo/ at ihe htghest Iaw-
/ul rate then allowed by the laws oj Ihe Sta1e of Florida.
~L any swn oj money herein re~errec~ to Le not pro:nptly paid wjf~iin 30 dnya next a~ter
the same bec~omes due, or if each nnd eaery the agreemenls, atipulationa, conditions and covenants o~ anid
note and fhis mortgage, or either, are not /ully ~~jormed, oomplied with and a6~ded by, then the entire
sum mentioned in snid note, und this mortgage, or the entire balance unpaid thereon, shall (ortluuitl~ or
l~erea~ter. at the option o~ the r?eortgagee, 6ecome and be due and puy.:~~e, nnything in said note or herein
fo the contrary notwitl~.stnnding. Failw~e by the mortgagee !o exencise nny o( t1~e rigl~fa or optiona herein
pro~ided shall nof oonsfitute a waiver of any righfs or optioru tu?c~e~ saicl note or t~is mortgage accruetl or
tl~erea(ter nccruing.
i . ,
~P
~~o ~ ~
ORPORATE ~n ~~NK~ the mortgagor has caused t~ese presenla to
' ~ SEAL? be executed in its name. and its corporate seal to be hereunto af/ixed, by t:s
, .Z prope~ oJ)icers thereunto duly authorized, the day and year /irst above written.
; COMPANY
i
~ ATTEST-------------------------------------------------•-•---------------------• ----QOD.. PARK__REALTY INC.
~ ,
$igned, se and cleliue ' t presence of :
- - ~
---~Z~~!~'~ Bybon d L ~iep'hard ~p~~
~
FILED ANO RECOROE~
- - - -
. ST. LUCIE COUNTY. FL .
~F_r_nR~ VERIFiE_p _ i
C~~ ~r~ /
'69 FE ~ ~i,~, 5 9
Of FIARIDA
~VIIII~ OL ST. LUCIE r~, ?pn~~R t'OITR~S
1 HEREBY CERTI/-l' ~Iwt an ~I~ts day. br(orir me. m o/Jicrr duf~ a~~llwn3~~' 1~ ~t~~~o~u~sad ~o talcr «bwn~ledg-
~•~ts. a.~«~llr an~d DONALD L. SAEPHARD and
u~rll Imou~n lo me !o be 11~r Pn~siden~ an~1 rasprctinrly oJ` lhe awporafion nomed m
mo?Igagar in Itie ~drgoirtg instrunrM. nrd I~wf itieq xt+rr~u~~y ai-4nou~~ged exrculing 1~ sanr, in Itie prettnae o~ fu~o wbsaibing ualr~sxs.
(.KIr a.~d od~,uarilr umlPr aul6orilp daly crsled in t6em 6y soid co~poroliun and fhut ll~e xol o/~iced Ihrrelo is Il~e true corporote srol o~
wid corpordion.
~V(TNESS my h~d a.~d o(/u;d s~al in dK Cw,~~y a.~d S~r~ Iwt a/o~.ad d~~ i~0'~ ~y ~ February .
n. n. ~969. ~~.~ku;.,,.
` ~ 1 b ~
r~~~~J,~2u~e'~~c --~~--.;:.:7~ :
~r~ .
Notary Public, S ate of ::Irl~ a!~ ~aar~ :
My Commiss ion expires : : ° ; s ~ ~Qj~ ~'I.~ ~
~'~`i F-`!~~. Stzte oI R:ad~ ~t litql~ b~. J+~ .
: iz fcres ;;rr. 13. 19I2 % -
. _ . ~ti',,.......-~'
w.:..; e, w,~:~. r~. a c.~.~y s~, ,~1t'.
oox~~'J ~~84 ~V'~~ ~~~~~rn.,'`.''.
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