HomeMy WebLinkAbout2832 and shall per`orm, comply wilh and a6~de 6y each nnd every the agreemenis, atipulalions, conditions and
covenanla thereo~, and o~ this morlgage, then thia mor~page and ~ha eslale here6y created, ~hall cease, de-
tennine ond 6e null and void.
~ tl~e morlgagor here6y jurther couennnts and agrees to pay promptly when due Ihe principal anc~
interest and oti~e~ sums o) money provided ~or in said note and Jl~ts mo~tgage, o~ either: to pny all and
si~gular Ihe fares, assessments, leuies, lia6ililies, o6lignlions, and encumbrances of every nalure on said pro-
perly; to permil, rnmmif or su~jer no wasfe, impatrment o~ cjeterioration o~ said land or !~e improvemenis
Il~ereon al any time: to ~eep the buildings now or herea~ter ori suid land jully insu~ed in a sum o) not Iess
ii~n~ None
in a compnny or companies accepta6l~e to Ihe mortgagee, !he policy o~ policies to 6e I~eld 6y, ond ~ya61~
fo, said mo?tgagee, and in the evenl any sum oj money becomes ~ya6le 6y utrtue o( sucl~ i?uurance the
mortgagee shall have tl~e right to ~eceive and apply the same 1o Ihe inde6tedness 1?ereby secu~ed, uccaunting
to t{~e morfgagor jor any surplus: to pay a~~ cosls, c~a~es, anc~ expenses, inc~uding ~awyer~s (ees and tit~e
searches, reosona6ly incurred or paid by lhe mo~tguflee because o~ f{~e ~ai~ure o( ttie morlgagor to prompi~y
anc~ ~u~~y comply u~ifti the agreemenls, sfipulafions, conc~itions anc~ couenanls oj said note and t6is morfguge,
or either: to perjorm, comply with and a6ide 6y each and every IF~e agreemenls, slipulatioru, conditions and
covennnts set forth in said nofe and this mor~gage or eieher. 1n the ei~ent the r?iortgagor /ails to pny when
due any tnx, assessment, insurnnce premium or otl~er sum o/ money paya6le 6y uirtue o/ said note and t1~is
mortgage, or eit~er, t~e mortgagee mny pay t{~e same, wit{~out wniving o~ a~~ecting the option to ~orec~ose
or any olher right hereunder, and all such paymenls shall 6ear interesl ~rom date thereoj at the highesf law-
jul rate then allowecl by the laws o~ the State o) Florida.
~L uny s~im o/ money herein re(erred 10 6e not pro:nptly pnid wilhin tYl~rt31 days next af
ter
ihe same becomPS due, or ij encb and every the agreements, stipulntions, rnnditions nnd covenants o) snid
note and this mortgage, or either, are no1 Jully perJormed, complied wilh and a6~ded by, then t1~e entire
sum mentioned in said note, and this mortga~e, or ~I~e enlire 6nlance unpaid thereon, shall jortluuith or
thereu/ler, at the opiion o/ the mortgagee. 6ecome and be due and pnyable, nnything in said note or herein
to l{~e confrary nofwifhstanc~ing. Faijure 6y tl~e mortgagee to exercise nny o~ the rig~ts or options ~erein
provieled slinll not constitute a waiuer of any righls or options under said note or this mortgage accrued or
therea~ter accruing.
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.~~R~R~~TF 1n ~~ln~ ~I~CI~~L the mortgagor has caused t~ese presents to
• -`:~SC-AL) be execufed in ils name, and its corporate seal to be hereunto aj~ixetl, by its
~~t;: proper o~~icers thereunto duly nuthorized ~he day and y~ ~irst aboue turilten. ~
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~ ~ ~ FARMS CORPORATION :
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~ ~ Srcrcfary 1
` Signe , aled an cl~liver in i{ie presence of :
BY--------
- • . - Presidrot
~ FILED ANO RECOROED~
ST. LUCIE COUNTY, FLH.
F:: ;~~Rl~tFD
1g~~~~
Fr,o~aa~, '69 DEC 30 P~I 2: 47
~t~te of
~OUtt~lJ 0~ sT~. LucI.E :,r,--.=~~; :~o~~~as
~ ~ 1 HERERY CERTIFY t6ae on thia day. 6~(on mr. on oJJic:r dulr awlwriud in Q~-~i~o~~'bt+}U~rTa~e~~o lale «6w~edg-
~ ~.~i,, ~~~.r~i KLINa+I and EDYTHE B'.Y I~INOiW
II
,
~ ~~~ri ~.~,.m ~ .M ~o ~ ~tiP Pr~sidml Secretary n~~~, ~I .~a
~ ~ moilgngor in I~e ~orepoing irubumenl. un.~ Itial I~ry xnera~~y ac~nouaedged e~eculinp I~e-wme, in 1{~e pnxnet o~ turo wdxriding wilrrsses. i
~ ~r~e~y and valunturi~y uru~er outhonly ~u~y re~1~~ in Itiem sai~ corporulion and Itial ltie aeo~ af~iitd Ititnlo is ttit Irut cvrpcvnle sta~ o~ S
va
suid cwpo~glion.
- 30th ~
~ W!1'~ti'ESS ~+y 6a~f a~d o~(~ad xal ~lu Ca,~IY w~d S~a~~ t~~ aJo.Y,~d c6u December
~ , ~t~~ n.-n.~~969.~
.
y= . ~ ~I . -
~ . - j! , ~ - =
~ . . ; _ - - -
~ ~ _ Publi S f id
;r= N ry c, tate o ~ or a at
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w~ . Large
~ My Comsnission Expires :
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~
~{x IIOTARI PUBUC S; ~TE Qf FlCft:^.1 A1 Vi.:CE
~ I ~~~iJS I11J//1/lllflll plf~!!If[I Ii~r: MY COMMIL:,1(3TJ E:'DIHL; AFFtII 30~ 1~ ~
- ~ufo i~:au f~u w. u~~a~
= i.•1J,f.~x~ #~a iMSnttwExr w~s ntw~Ilio /Irl ~ R.10~ i~~~~?'~
. sPEPlCER B. G:L3ERT, Attornh? ri L~tM B~iiK '
t20 s. sE~aw s~t. f~ ~JeC~, `tA~ ~IM
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