HomeMy WebLinkAbout0248and shall perjorm, comply with and abide 6y each and every fhe agreements, sltpulatioris, conditions and
covenants thereof, and of this mortgage, Ihen this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void. -
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor in said note and this mortgage, or either; fo pay all and
singular the tares. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
iherecn at any time: to beep fhe buildings now or hereafter on said land jolly insured in n sum of not less
than the highest insurable value thereof
in n company or companies acceptable to fhe mortgagee. fhe policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable by virtue bj such insurance fhe
mortgagee shall have the right to receive and apply the same to fhe indebtedness hereby secured. accounting
to the mortgagor jor any surplus: to pay all costs, charges, and expenses. including lawyer's fees and title
searches, reasonably incrrrrecl or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either: to perjorm, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, fhe mortgagee may pay the same, without waiving or affecting fhe option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~L any sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or if each and every the agreements, stipulations, rnnditions and covenants of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of fhe mortgagee. become and be dos and payable, anything in said note or herein
to the contrary notu-ithstanding. Failure 6y the mortgagee to exen:-ise any of the rights or options herein
provided shall not rnnstitrrte a waiver of any rights or options under said note or this mortgage ncrnred or
thereafter accruing.
~It ~ltfltSS ~~Of,
day and yews<jirst above written.
the said mortgagor has hereunto signed and sealed these presents the
I'. and delirged in ~ presence of:
'-~; - ,. ~ p = r : ••~ ~'IlEO A CORDED
,_~~ P• •. • ~.
.:'~ _ '~" .~.;..;+=;,,t - ------------ ~8~~ rte- .-..----
PRO IONAL REALTY, INC.
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ATT~S~;I------~.-Yes---- - -------------------~
~ ;~ #~,~ - ~-~; ' ~'~fi9 AI,G I AM 9:25
•~
~~~'~'"'~~''~~ ~~ ROGE? FOITRAS
STATE OF F~-~Qr?A CLERK C I R C~Lt~F SAINt LUCIE
I 1~iE1tEBY GF.RTIFY, That on this ~ i st ~y o j Ju~y --, A. D. 19~.~
before me personally appeared LYMAN B. CURTIS ~ THOMA~~ O'HAIRE
respectively ~- Pinssident and
Serx+etary
of
pRf1FF.C~TnNAT. RF.AT.TV~ 1NC_ a Florida corporation, to me
known to be the persona described in oral who executed the foregoing instrument. and seosr+ally aclmowledged the exe-
cution thereof to be their free act and deed as such of f toers. jor ehe uses and purposes iherein mentioned: and that they
affixed thereto the offidal seal of said corporation. and the said instrument is the act and deed,gf,,,oi~..oo.ponatton.
.,,
\~1TfTNESS my hand and official sea[ at Fort Pierce ~ :±
• ~.... -
NotaryeI~ublic• in and f ~
My Commission Expires:
M[t, YCLfOffR~f 7Jf7ff
17ru hwrurncst prparrd by: Michael Jeffries
Addrxr First Federal Bldg.
Ft. Pierce, Florida
~~ .
'Coi~ Aforasdid. `
Qtory;-~{a~~'of Fk:..~,a of La:ge
-soji,+aar .rr• a-c.i..+ry cA• I I I7 7 Z
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B~QK1'79 ~liE X48