HomeMy WebLinkAbout2718 ~ ~
ond al~oll pNjww~. ~ow~plr u~i~l~ arul a61d~ 6y racb o?~d ~~r 11~~ eprNme~li. ~Iipulation~. c~ondil~o~i ond
c~a~rnanli Iti~wo~. ond o~ I~Ja morfpap~. Itisn ftila rnoHpap~ ar~ Itie eslol~ ti~etir c?ewl~, atia~~ c~ws~. dw-
fern~tn~ an~ ~ nu~~ a~ iwl~.
~ il~~ moNQapor I~ere6y ~urll~er c~ow~~nla and spnrs Io psy promPlly wl~en dw tl~s prir~ct~wl and
inte?eaf and oltisr aunu o( ~+~~y ~tded jor tn mid not~ ond Il~ta ~norfgap~. o? rifh~?: fo puy a~~ a~d
singu~a? fti~ faxes, as~eumsnfs. ~eviea, ~Jabi~ili~s, o6~lgalions, and ~ncun~6?o~ess oj ew~ry natun o~ said pro-
perly: to ps?mi/. cornmif or su~(e? no wwfs, impainnenf or defMorollon o~ sald land or f1~e tinprown~enb
Itienwn at any tlme: !o ~esp fl~e builclings now or hsrpjfK on said land ~u~~y insured tn a:uw~ o~ nol ~esa
11~an MAXIMUM INSURABLS VALUE
!n n c~ornpany o~ compantes aecrpfa6~e fo fhe n~wlAage~. Itie po~icy or po~Icte= l0 6! I~.ld 6r. and payn6le
to, said morfgages, nnd in Ihe event uny sum ol money becomes payab~e 6r virtue o~ suc1~ insuianc~e th~
moNgnges shall I~ai~s tles ~ghf to receiire an~ apply tl~e snme to tl~e inde6tednes: f~e?eby sscured, acrouniing
fo fhe mwfgagor for any aurp~us; fo pay a~~ c~wfs. c{~a~es, ant~ expenses, inc~uaing ~aw~~s fees anc~ ftf~e -
searches, reasona6ly incur?ec1 or ~td by ~I~p motfgogee ~?ecouse ol the jni~un o~ Itie morfgagor to prompl~y
a?ic~ ~u~~y comp~y wilti ttie agreemenfa, slipu~alions, eonditions anc~ covenanfs oj said note and tF~is mwfgoge,
w eit~er; to perjorm, c~ontply witl~ ond abide 6y eacl~ and every f~e agreemenls, stipu~alIons, c~onc~ttiont and
c~ovenanfs set jorth in sai~ nofe and ftita morfgnge o~ ettleer. In Ihe event f~e mortgago? Jni~a to pay when
c~ue any tax. asseument, iruurance premium or ot~er sur?t o~ money pnyab~e by virtue o~ aQi~ note ana f~it
mortgage, or either, t~e morlgagee may pay tke same. wiltiouf woiving or ujfecting f~e aptian fo (orecloae
or any otl~er ?igl~t hereunder, aad aIl suc1~ puymenls shall bear inferest /rom date thereo~ nt l1~s higl~est law-
/uI rate ihen allowed by the laws o/ t1~e Slate oJ Florida.
)l any sum of money {~erein refe~red to be not pro:~P~ly ~~d wiftiin thirty dayi next after
tl~e same 6eromes due, or i( each and e~ery the ag?eements, stipulalions, rnnditions and rnvenanb o~ said
note and this morfgage, or either, are not f ully per~ormed, eomplied witl~ a?u( a6~ded by, t/~en the entin
sum mentioned in said note, and tl~is mortgage, or the enlire 6nlance unpaid thereoa, slw~l ~ortluuitl~ or
l6ereajter, at Ihe option o~ the mwlgngee. 6ecome and 6e due and paya6le, anqlhing in snid nott or 6erein •
to the cont~nry ~otwitl~slanding. Failure by tke mortgagee to exerrise any o~ !he righls or options herei~
prouided ahnU no1 rnnstitule a waiver o~ any rigtiis or options under snid nole or t~is morlgage accrue~i or
ftisreaJter accruing.
R ~ ~ ~
,t.n~~ (
(CORPORATE ~n ~~NSw.~ ~~l fhe mortgagor has caused these presenb to
SEAL) Ge executed in its name, nnd ib corposate seal to be he?eunto a~~ixed, 6y its
proper o~~icers !{~ereunto du~y aulhorized, the day and year Jint a6oue u~ritten.
i
; ATTEST•_--- - ?~J'l~~E-- ~ RI~E~--v.~-.._C4?RP_..----------------------•--•-------------
; GA s~-.~,~
i Signed, sea nd deliuer the pr e o~: ~ '
~ ~ - BY--.------------
~ VID GATFS P.~~
S.
i
~ fIlEO ANQ RECORpE
3T.lUC1E C08MTr fl~
ROCER POITII~E
CI~RR CtEiCWT
~ 1~~
RECORO vERiFtEO
FE8 I I I 43 ~'7 ~
~ ~tate o~ FLORILIA 2c4o2~
~ ~U~ ~ ST. LUCIE
~ 1 H£REBY CERTIFY dw~ on dw dur. b~~onr ~n.. an nj/icr. ddr uwl~wir.d tn ~/~e S1o~. ard Ca,nlr uJonsod a IeL. acLwrrledQ-
~ rn.nls. re•.«w~?r avveand
S. UAVID GATES and ANNA GATES
~ ~ ~o ~ ~o ~ ~M Pnsidrru a,~a secretary .~,~,~~t, ~ ~ ro.~,:a. ~
~ ~nor~popw !n II~e Jortyoinp irw?wnenl. and tka! Iher sererdly oclenou~edqed esecuting Ilie sornt. tn 11~e pnaenee ol Iaw sudsaibinp ~uitnessrs.
(•Ktr ~d ~I~~Ir ~,.~dr. ~?p.~ir d~.lr n.~rd ~ dK~ br .ad ~o.~:a. ~d J~e~ J~. ,.d ollc.~d ~M~.a u d~. w. ~o.Pww. ~
~ '°'J `°'P°`°u°".
V~'!J'NESS ~y M.d o~d oJl~ ~ d+~ C~y ~d Saa Iwe oJon,dd J~cs dor o/ February
~ _ A. D. ~0 71.. - '~S`
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