HomeMy WebLinkAbout0387 and shall pe~~orm, compjy wit~ and abide by ~~l~ and euery ttie agreemenfs. sttpulatloni, condttior~s on~
rnvenants thereoJ, nnd o( fl~ts mortgage, Ihen lhts mortga9e and the estale here6y created, sl~a!! cpuse, de-
termine a~d b~ nul! and void.
~ tT~t rrartqagnr here6y /urtl~er couvnants and ogrev~ to pay promptly ml~en due th~ prlnclpal nnd
~ interesf anc~ of~K aw~u of money provtdec~ ~or ln saf~ nate artt~ thb mortgape, o? e11tia;• to pay a~l artd
singuta~ 1{~e taxe~, nssessment~, levie=, lia~i~tties, obliea~to~s, and encumbrances of every naluro on saic~ pro-
perfy; fo permit. cominit or su(Jer .+o w~ute, impoirmenf or deteriorafton o~ sait~ Iand or fhe improuemenfs
fJte?+cwn at eRy tinee: to keep t{~e buildinga now or I~e?e4/ter on said land ~ully insured in a sum oJ not less
f~an
in a compony or companies accepta6le to the mortgagee, the policy or policies !o be held 6y, and pnpabTe
fo, snid mortgogee, and in t~e evenf any sum o` rnoney becomes paya6le 6y virfue o( auc~ insuroncs the
mo?tgagee skuU havtr Ihe rigl~t to recei~~e aRd apply the snme to tF~e indebtedness hereby secured, acrounling
to t~e mortgagor ~or ony aurplus; !o pay a~~ eosts, charges, and expenses, including ~awy~s ~ees and ttlle
senrcl~es, .~sona6[y incuned or paid by t6e mortgagee becouse oj the /ntlure oj tl~e r?iortgagor to promptly
a~c~ (ully comply wit~ t~e ngreemenls, sfipulatrons, conditlons and coiena~Is o/ said note ond this mwtg~ge.
or eilher; to per/orm, comply with and abide bp cmtcle and ei~ery the agreen?ents, stipulationa, conditioru and
c~ovenants se! ~arth in saic~ note anc~ l~is mortgaAe or eit~er. In Ihe evPnt the mortgagor j4i~.s to pay w~en
c~ue any fax, assessrnent, insumnce premium or ottier sum o~ money payable by virtue o~ sai~ note and f~is
morlgage, or either. !he mo?tgagee may pny 1he same, wtfhout woiving or n(jecfing the opfion b Jorec~ose
or any otf~er right I~e?eunde?, and all such puyments shalt 6~~ interest Jrom date thereo~ at tl~e fttgl~est Inu~-
jul mte ~hen allowed 6y lhe IQws oj the State o/ Florida.
any sum o~ money ~erein rejerrc+c~ to be not pro:npt~y paid wilhin 30 dayi next ajter
t6e same becomes due, or iJ eacf~ and every the agreements, atipulations, conditions and covenanb o~ said
note and this rnortgage, or eili~er, wr not Jully perjormed, complied mitl~ and a6~ded by, tb~n the entire
sum mentioned in aaid note, ancl tl~is morlga~te, or the eniire ba~ance unpaid thereon, shall fo?tlw~ith or
. thereajler, at the option o( t6e mortgagee. 6ecome nnd be due and payu6le, anyibing in said r?ote or herein
to the contrary notwitl~standing. Failure by the morlgagee to exercise any of fhe rights or opttons hereiR
provide.~ shau not consfitute a waiver o( any rights or opfions unc~er saic~ note or this rreortgoge acc~ued or
therea(ter ncc?uing.
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~ Q$ Q r,r~~T~OR.ITF ~n ~~ll~~l ~ILC[e~l the mortgugor has coused these present! to
,~'EAL) ~,P executec~ in ifs name, nnd its corporate seal ~o ~e hereunto aj~txec~, by ita ~
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j. p r o(~icen Ihereunto cluly authorized, the day and year jirst alioue wriften. ~
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~ ATTEST:.--- - - ~j~,r~ ADAMS-WHIDDON F~iRMS INC.
' . ~ - - -~---------------~--.._-----•---------...--••----------•------.s.---._.._....-------•--•--
; Miles S. avidsan, Ass 'stant sn-n+
St ned. e ' f e pr e o~:
~
C' G~- - Z_-t G/
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- Alto Adams, Sr. ~~~e
f._._.... ~ ~EO ~~+~R~co~~
-
~ ~ pOCEft pd TRAS
~ QtfRR CIRCUtt aQYRT
~ aECO~o vEa~F~EO
, t 1 9 2e ~M'11
` Of FLORIDA 2,` ~~~1.
~tl~ 0` ST. LUCIE
; 1 HERF.BY CERTIFl' f/+ot on tlw dap. b~~a~t mr. an u//icrr ddr owbo?iud in 1l~e Stms ond Countp o(o?esafd 10 ~n6 ac~rrwu,iedg-
~i v~•~«bilr aoa~JMILES S. DAVIDSON and ALTO ADAMS~ SR. ,
i~
j; u~r~~ {~nown lo mr [o de lti~ Prr~nl or~ ~Slgtc~t 5`eCl~ta2'~/ r~s~eciirely o~ Itit corporolian narnrd ns
nwrt in !~e or insln.mrnl. a I~wl I~v srttra~~ • oc
~ 9~4a ~~~9 nd ~ 4no~aeclg~ eseculing Il~e sumr. in ~I.r pnrsence o~ tu~o wGsa~ibing wi~nesa~s.
: r..Y~~ a~a ~~,,,~;r, u~. ~~,,o.,~y a,r, ,Y,,~a ~~m 6p said .,o.~.,~;o„ a„a ~ti~ ~ti~ airu.~ ~r~n~o ~ ~t
~
~ ~~'fI",~F~S .~i I,a.,,! a.~d o(~iao[ ..d ~ dK Cw.tir a.~d S~ I~r a(w.~d du~ I.~ th ~r FebruarY,
,~.n ~q71
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i' rt=r'~"~~ Nota Public Stat._ o .
i _ - ~ : ~ ~ = ry , e f Florida at
~ .
';~'w . ,x = Large .
{ IfUiARY PUdLIG. ilA1e ur f1G~11DA At lAxa~
" " ' 7'',-.• MY COMMISS~ON EXPIRES MAx 1. 197E
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