HomeMy WebLinkAbout1290 and shall per(orm, comply with nnd a6ide by each nnd every ilee agreements, stipulattons, rnndittons and
cavenants tkereo), and o( ti~u mort9age, then this mortguge and tl~e e~tate hereby created, shn!! cense, de-
lenr~ine a?ed be null nnd void.
~ tl~e mortgagor I~ereby ~urtl~er cooenunfs and ugreea to pay promptly when dw ths pnlndpol nnd
interest and other :uma of rnoney pronlderl ~or in antd note ancl t~it mortgage. or either; to pny a~~ and
singular Ihe taxes, assessments, levies. ltabililies, obligaltona, n?td encumbrances oj e~ery nature on said pro-
perty: to permil. commit or suj~er no waste, tmpat?menf or deterior+atQon o~ satd lnr~d or the improuemenls
thereon at nny time: to keep the buildings now or herenjter on satd land /ully tnsured tn a sum o~ not less
thnn the full iI18uTable vSlue,
in a company or companies acc~?ptable to the mortgagee, fl~e policy or poltcies to ba held by, and payable
to, said mortgagee, and in the euent uny sum oj rr~oney 6ecomes ~xiya6[~ by vtrtue o/ such insumnc~e tl~e
mc~rtgagee shull have 1he right to receive nnd apply the some to the indebtedness hereby secured, aceounting
to fhe mortgagor jor uny swplus; to pay all cosls, chargas, nnd expenses, including bwyer's (ees and tiile
searches, reasona6ly tncwred or patd by ihe mortgn9ee because o~ the jailure o~ the ntortgagor to proinptly
anc~ (uUy comply witT~ fhe agreements, stipu~attons. conditions and couenanls oJ said note and this mo?tgage4
o~ either; to per/orm, comply witl~ and abide by each and every tf~e ag?eements, slipulafto?u: c~ond:ttona and
covenants se! Jorlh in said note and Ihis mort9a9e or either. In the event the mortgagor jatis ~o pay when
~ue nny tax, assessment, insurance premium or other sum oJ money payable 6y uirtue oj sai~ note and this
morlgage, w eit~er, !he mortgage~+ .nay ~y the same, without waiving or aJlecting the option to ~oreclose
or any oti~er rigl~t hereunde~, and all such paymenfs shall bear inierest jrom date tltereo~ at tl~e higl~est Iaw-
- jul mte ihen allowed by ihe laws oj ~?~e State o/ Florida.
nny sum o~ money herein rc(erred fo 6e not pro:nptly paid within thirty c~ays next a(ter
ttie same becomes due, or iJ each and every the agreements, stipulations, conditions nnd c~onenanb o( said
note and f1~is mortgage, or either, nre not ~t~lly per~ormed, rnmplied with nnd abided by, i1?en the entire
sum mentioned in said notP, nnd this morlgnfle, or tl~e enlire balance unpaid thereon, sl~aU ~orlTwriti~ or
tleeren/ter, at tF~e option oJ t6e mortgagee, become and be due and paya6le, anytF~ing in said note or herein
to the contrary notwitl~standing. Failure by Ilte mortgagee to exer+cise any oj tke rigTtts o~ options herein
providecl shal~ nof constitute a waiver o( anq rig~ls or options unc~et said no~e or this morlgage nccr4ec~ or
tJte~t~ter aCC?uing.
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~ ~ ~ f RATE ~n ~~N~~ ~IL~[~~l" !{~e morlgagor has caused tl~ese presents to
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y~~ ~y 'SEAL) be executec~ in its name, a?~ its corporate sea~ to ~ie ~ereunto aflixed, 6y ~t:
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~ ~,;'J, ro er icers thereunto duly autl~orized, the day and year jirst nbove mritten.
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p ea c~e~iuerec~ in f~e sence o~:
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~ .___..FILEO ANO RECORD~O~.
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ST. LUCIE COUNT~FLA. ~
" ~yc~ORr~ ~~ca; ~~p~
~69 OCT i 3 ~'~~s
~tate of
O` ~ ' ~ ?~ITRt;S
1 HEREBY CEKfIFY tlae on dw dar. be(ar ~ne. m, oJJ K~~~Ti~~ ~R~ c«,~e, ~«Y,~a a~ oebw.uted~-
^K^~~ FRED M. SHAPIRO and JA~~ V. STAHI,
~t~ ~o ~ ~o ~ ~ Pn~n~ and Secretary n~n:aTr ~ ~ ~u~ ~d
mo.rgogw sn t1~e /«egoing I..sf.umenl. u,d eMe I/u~ se~eroU~ uc6~o..~ledyrd e:ea,6ng Ihe so,ne, tn d~e prrsenae o/ e.+o w6.oi6ing a~une,xs.
/.Klr ~d vd~~lr ~ awl~.ur d„ly n~~d ~n tlkm 6~ soid ourporauon and J~m J~e aed oJ(t,~d el~a ~s ~ a.~e cwpwae xd oI
soid c+o.po.wian-
Wri'NFSS mr ?a,~d ~d o/I~d ~~6. C~r a,~d s~ 1~ .~«r,ad dw 13th aor ~J October
a. n. ~969.
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