HomeMy WebLinkAbout1082 an~ aha~~ per~orm, c~omply wilh and abids by eacR and every the agreee~entt, stipu~ationi, condtfiont and
covenanls the?eoj, and o/ Ihts mortga9e, then this mort9age and ths satate here6y crouted, shaU c~ews, dt-
te~mtne a~d 6s nuil a~d t~oid. • ~
~111ia lhe mortgagor I~eraby lurthe~ oovenanta au~ agrves to pay prompflr wl~eR ~Iut tIN pNnclpa~ and
i~teresl a~d olhpr sums o~ money providec, (or in iald note and t~4 mortgags, or sifher; to poy a~~ and
singu~ar t~e faxes, assessments. leutei. IIa6lIIllea. ob~igafiona. and encumbr~ancYS o~ enery nafun on taid pro-
perly; fo permit, commit or suljer no waate. impatrnienf or deterioratton o( aald land or the improuemenb
f~erecn af any time: ~o k~p tha butldi~gs now ur tie?ra(ter on sa~d b~d juliy t.~~.~d in a aum oj not ~esa
ttian
in a c~ompany or companies aecepiab~e to the mortgagee. the po~i~r or po~icies eo be heW 6y, a,~d ~~6b
fo, satd n~orfgngee, an~ In Ihe event aay sum o~ money becomes ~wya6l~ 6~ virlue bf iuc~ inst~ance tht
morlgagee s6all haue the ?ight to rnceive and apply Il~e aame to the inde6iedness here6y sscured, ec~eounting
to the morlgaflor /or nny surplua: to pny alI c~osta, cha~ges, and expenses, including bw~'s ~ees and tttb
searrhes, ?easona6ly incur?ed or paid 6y the mortgngee 6eenuse o/ the (ailure o/ the n~orlgagor to promptly
and ~u~~y c~omp~y wifh t~e agreemenfs, stipu~ations, conditions and covenanta o/ said note and thb mortgagt.
or eit~er; to pe?jorm, c~omply with and abide by eacb and every the agreemenb. atipubttons. condittont and
covenants set forfh ire aaid nole and thii mo?tgage or either. In the event t~e' mortgagor /atla to pay when .
due any tnx, asseument. Insuranoe premium or other :wn oj ~non~r ~xiya6~ by vtrtue oj said ~ote and tkts
mortguge, or either. fhe mortgagee may pay f~e aame, without waivtng or affecfing IF~e oplton to ~oreclose
w any other rigl~t hernunder, and.all such paqmenb s1~aU 6ear tnterest /rwm dnte t6ereoJ at the F~ighest law-
/ul rnle thpn nllowed by Il~e lows o( t?~e Sfate o/ Flo?ida.
7` any sum o( money ~erein re~e~rec~ to ~ie not prompt~y Qaid wt~htR- thirty_ ~r,
tl~e same bc?comes due, or 1j eacb and euery the ogreements, stipu~ations, conditior~s and c~ovenanb o~ said
note and ihis mo?tgage, or eitber, nre not /ully per/ormed, c~omplied with nnd ab~ded 6y, ti~n the entiro
sum mentioned in said note, ~d eh~ mortgage, or ll~e entire bnlance unpaid the?+eon, skaU ~ort{~with or
thereo(ter, at tiee optlon o/ tl~e morlgagee, become ~d 6e d~ a,~d ~~ro61~, anything in wid note or I~sretn
to t~e contmry notwit~sfanding. Fai~ure 6y tl~e morfgnges to exe~ise any o` the rig~b or opttons ~er+etR
provided shall not constifute a wainer oI any rig~ts or opfions ~..~de~ satd note or thit mortgage accrusd or
t~ereu~fe~ ncrruing. "
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~n ~1~[~[~l~ t6e said mortgagor has hereunto signecl a?td sealec~ tltete prottntt ihe
day an~ year ~irat above writfen.
Stgned, sealed and deliuered in fl~e presence o/: CONSTRUCTION COMPANY ~ S
- , E I,O P F S NG TRUST
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. - - -~h--;.,~ ~4--..---.---.
V R Gorh
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" J n M. Gorham
' Trustees of the Trust.
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STATE OF FLORIDA, - ~ .
~ COUNTY OF
~ ~ ST. LUCIS I HEREBY CERTIFY that oo this day~ before me, an
o(ficer duly authorized in t6e State aforc~id and in the Couaty afore:aid to take acknowkdamenb, persomlly appeared
V. R. GORHAM, JR. and JOHN M. GORHAM as Trustees of GORHAM
CONSTRUCTION COMPANY'S EMPLOYEES PROFIT SHARING TRUST -
w me known w be the persoa6 descn'bed in and who executed the focegoing instrument and ~ey uknowledsed
betore me that they ~~~e~a
WI77VESS my hand and oi~cial seal in the County Ynd Sate last a[omaid this 7~ dar of
OCtO~Cr A. D. 19 69
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~ ' , FILED AND RECORpED
g7, l.UC1E COUNTY. FLA. Not~ry Pabic, State oi Fbrida at ta?ge
~ ; ~ n? D V E f? ! r= ! F D 1Ar Conuaissioa E:pires Hor. 13. 1970
. 184106 ~~~F..B~~.
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_ ~ c~ _ q'~ l:; ' ~~,r RK CIRCUIT COURT
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Tltis liurr~ll;;~l~r,F~l~i°~rd by: Th+s Ir~strumerrt was vropared By- 600K
C. R. MeDONALD, JR:, A#ors~y
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C4ti:~n• F~d~ral 8uildinq
~ Piere~. Flozid~ 33450
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