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HomeMy WebLinkAbout2718and shall perform. comply with and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termtnt and 6e null and void. the mortgagor hereby f wther covenants and agues to pay promptly when dw the principal and interest and other awns of money provided for in sold note and this mortgage. or etcher: to pay all and singular the taxes, asaeuments, levies, liabilities, obligations, and encumbrance of every nature on said pro- perty; to permit. commit o- suf jer no waste. impairment or deterioration of said land or the improvements thereon at any time; to Ieeep the buildings now or he-eajter on :aid land fully insured to a suni o/ not less than in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payabb to, said mortgagee. and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgogor for any surplus: to pay all coats. charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements. stipulations, conditions and cvvenants of said note aced this mortgage. or either; to perform. comply with and abide 6y each and every the agreements. stipulations. conditions and covenants set forth in said nose and this mortgage or either. 1n the even! the mortgagor jaib 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. the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all ouch payments shall bear interest from date thereof at the highest law- f ul rate then albu~ed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within 30 days next after the same become: due, or tf each and every the agreements, stipulations, conditions and covenants of said note aced tleis mortgage, or either, are not fully performed, complied 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 the mortgagee. become and be due and payable. anything in said mote or herein to the coretr+ary notwithstanding. Failure by the mortgagee to exercise any of the -ighfa or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. n -' ~~ . a`~ 1..lA~f yA~_ . ' ' ' ~4~ r v -~ i 4 ~ ` ~ ~ •' `'+ `, ~n ~~u~a, ~~l the mortgagor has caused these presenb to _ t.1 .~• ... • ' • ~ +,e SEAL) be executed in its name. and its corporate seal to 6e hereunto of f ixed. by its ~' ~~~/ e~;.~~~ ++'+ '`~ ~~proper ojjicers/th'ereur~y duly authorized, the day and year f first above unitten. .~ F: :~~ ~~s' r~.b: t ~~..~ = ~~% ., '~ G .,,~ ATTEST - -- -- _ -.. ~~r ` --INDIAN-_RIVER._ AiCADEMY i... a--private -----•------------- -------- -- -- •- rp ruin Fr School into orated Signed and ' er i the presence of : ~ ~ / ---- - - --.~ .... . ... .............. ...---------.._._.. Harold - IHelset~.._._......._.ii'i ce ---per -- - ~IIEB AN© RECORDED': ._. _.. ----- --- ----------------------------------•----- ST, LUCIE COUNTY. FIA. PECORD ~'ERIfiIED '69 SEP 16 PN 11~~Q68 ~~ 0 f FLORIDA ~ ~~~~ ~V ~~ ST. LUCIE ROGER t'OITRAS ~V CLERK C~RCU~(~/~~~S, I HEREBY CERTIFY thot an thl, da,. brfonr w1e. an oj)toer dd, mlthortsed to the State and e1w, e+JY~K~It+Re «trwwtedg- ewea~~'y~irpw~- e~neanrd HAROLD HEi.SETH and IRVIN FRAI~IIC r-,; ~, 1111+~ t/~I,~', .~.- . ~y ~'ta•,+~ b be ehe Vice Prratdene and Secretary +espectioel, of th. co.po.ation .IOn1ed as ~• •~~ ~ '~ irlNrunlent, a+Id that the, seor+oll, «bwa~ledged a:eating the same, !n the preaenae of two w6,aibing Iuitnesses, ~+~~ ~Jy Q 1~r +~ oo~4th-~:iiwde. outhorit, dd, vested in than 6, sold oorpo.otton and thm the sed o/Jl:ed thneb is the t.1.e ~apo.de and of r, `. aoi~v bww " f ~.- ~ . U ~, y a/~~ +axif~t and a11~ seat ~. the caunl, and state lase aJenrsdd ehls 15th ,~, ~ September I = A.'D: e~~ '~•......••' pS•; ~r1111tt11Nj1 ~. -: , •- :>:_ ~i~otary... . f .~.s{~~--D ---p-1-t~rird~c---•- PRARED BY ; At Large, My Commission Hcp fires CHARLES E. BECHT, ATTY. P. O. Box 548, Ft. Pierce, Fla. (WTART PUBLIC. STATE OF FLD4f0A AT tARBE Alf COMMISSION EXPIRES .JUNE 15, 197,3 OONDED Ttl~l FRED w DIE3TE1tIt1RST 800K179 PacE~ ~ is