HomeMy WebLinkAbout0385 and s~a~~ psrlorm. comp~~+ u?if1~ and abide by eacti and every ttis ugreements. stipu~uliona. eo~dilions ana
covenanta thereof, and oj ihis mortga9e, tl~en I?~ts mortgage and tl~e estate hereby created, shnll ceaare, de-
termtne a?~d 6e null and void.
~ the neortgagor here6y /urther couenants and agreea to poy promptly u~hen dw the princtpal and
intereat nnd oiher awns o` money pronid~ f
or tn acid note arul thia n~ortgage, or either: to pay al~ and
singu~nr the taxea, assessment~. ~evlea. ~tabi~itiea, ob~igalions. and encumbmnces oj euery nafure on aaid pro-
perty: to pe?mit. commtt or su~fer ~o wwte, impairmen! or~ deferforation of aaic~ ~and or ftie tmprovemenb
thereon at any time: fo keep the bui~ings now or hereaf
ter on aaid land ~u~~y tnswed in a aum o~ not ~eu
thnn Twelve Thousand and No/100
in a company or compa~ies aocepfab~e to t1~e morlgagee, ttie po~lcy o~ po~tctes to 6e held 6y, and paya6le
to, said morigagee, and in the euent any sum o~ mortey becomei payable 5y uirtue o~ suc~ insurance the
morleagee shall ha~e tl~e right to receic•e and apply the some to the inde6tedness here6y secured, ncrounting
to the muNgagor jor any surplus: to pay a~~ coata. charges, and expenses. inc~uding ~awyer a(ees and title
searcl~es. ~onably incurred or ~~d 6y el~e mortg~ee 6ecawe oJ the juilure o/ !he mortgagor to promptly
and /ully ~o~iy with fl~e agreemenfs, stipulatio~a, conditions and covenants oj anid note and thts mortgage.
or either; to per~orn~. c~omp~y wtt~ und a6ide 6y each and euery t1~e agreemenfs, sttpu~otions, eondtttona and
covenants set lorlh in said note and this mortgagg or 'eitF~er. In tlie event the mortgagor /ails to pay wken
due any tax, osaessment. iruwnnce premium or olher sum o` money payn6le by vlrtue o~ said nole and t~is
mortgage, or eit~er, fhe mortgagee may pay t~e same, wtthout waFving o~ a`jecting !~e option to forec~ose
or ~y o~6e~ ri91~e h~w~d~, and all such payments aha[l 6en~ interest jrom dote tl~ereo/ nt tl~e 6igheat lau~-
Jul rate then albwed by ehe laws of tl~e State oj F[oRdo. _
7~ any aum o~ money herei~ referred to ~ie not promptly paid within thirty days next a~ter
l1~e snme bec~omes due, or ij ~h.and every t1~e ag?eemenfa, stipu~ations. oondtttona and oonenanb o` sak~
note nnd t6is nwrtgage, or eilher, nre not /ully perfor+ned, c~omplied with and a6ided by, tl?en t?ie ent~re
~ sum mentionecl in aaid note, and tl~ia mortgnge, or t~e entbe ba~ance unpaid thereon. a~aU ~ort{~ult~ or
fhereaJter. at the option of the mortgagee. 6ecome and 6e due and payn6le, anyt~ing in aaid note or ~erein '
to the conh+ary notwitf~standing. Failure 6y the mortgagee to exercise any oJ t1~e rtghb o~ o~tions 6erein
provided sl~a~~ not consfitute a u~niver of nny righfs or options under said note or this ~nortgage aecn~ed or
' therea~ter accruing. -
(CORPORATE ~~~Kw t~e mortgagor has caused these p?esenb to
SEAL) be executed in its narne, ai~ its corporote seal to be hereunto afjixec~. by its
proper of~icers t~ereunto c~uly auf{~orizec~. the c~ay a?ul year first aliove unittel~;
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---°.SeCMuT `O`, aF~ ~`~e j _
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Signed, sealed and delivered ~n the presence oJ: ~
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~ Florida
~ St. Lucie ~r~~ I V1
~ 1 HEREBY CERTIFY tMt on ll~is dur. 6r(on mr. on o//icer ddr wdM.:ud rn J.e Sta1e a,d Countp o%.iadd a eu4 «bwa~-
~r D.B. Putnam and Nilla S. Putnam
.•eU b~ow~ b rne ~o be tbe Pro,ideni ond Seeretary ?ir,p~ct:nlr of• J~e rn.po.a?ion rwmrd
w~o.epopo. u. d~e jweyo~ng i.uw~nenr. und IIn1 Jky ,rre+,olly ocbwu~ledged exea,eing the ronr. in IAe preaena o/ ewo wb~ni6inp .~tu~e,.e~.
~ /.nl~ ~d od~..~ea.dr ~IwMr d„!r ~~rd ~IK.~ by ~d ro?v~~«~ a•~d eMe J~ ~1 a(/~~~d JKRio u d~ oo.Pwok ,rd o( ~
~ soid cwpo.uN«?.
W~ITFSS I~.~d a,d ~(J~t ,~1 t!b C«u~r a•d Se~ l~ a/o.+r~d ~l~s 9th doy o/ November .
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' ~ ` PUAUC. STAT ~A AT l
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~ cc r~. MY COMMISSION EX~IRFc NAv ~q~~
. i'• C-' • 10NDED INR
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