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HomeMy WebLinkAbout0441 and s6all perjorne. complr witl~ and abtd. by ~~l? a~d every !h~ agroementa, stipulnlions, condilions and cownanb Ih~noj, and o~ tl~is rno?tgage, then ihia morlgage ond the e~tale he?e6y c?enfed, shall cease, de- ie.,~?t.~. o~d 6. Rull a?~d votd. ~ th~ nartgopor 1~eroby jurt~er c~ov~nanb aed aprwa to pay prumptly when dw ih~ princtpal nnd inte~st o.~d aiar awn. o~ monhr pravidec~ ~w ir~ mid ~ot~ ancl thta morfg~g~, or ~Itk~r; fo pny a~~ ond singu~ar tha taxts, asaessme~b, ~?ies, ~tabi~itiss, ob~Fgations, and sncunt6rnnces oj every ~atu?s on said pro- perty; to pt~mil. rnmmi! or suf~er no u~asb. irnpairrnent or deterlonatton oj satc~ ~and or !he improaemsnta fhereon at any tina: fo ~resp the 6utldtnga now or h~?~al~~. ~~~d la,~d ju~~r inaured in a aun~ o~ nol ~u than in n compnny or eo~npanies aeceplab~e fo fl~e narfgagee. the policy or Qo~tctes lo be i~e~ by. and pn~a6b to, saicl nartgagve. ~ in t~ event any stun o~ m~uy beaomea ~ya61e 6~ virtw o) such insurnn~ I~t nwrtgnge~ slwU have tbe ~igl~t to rsceiue and apply the same to Ihe inde6tedness i~e~eby secured, ac~eouniing to !ht n~orfgagor ~or any swp~us: to poy n~~ c~ls. ctinr8es. and txp~?~ses. including bwyer s(sea and lil~e searc~ea, r+s,osonably incun+ed or paid 6y !ke mortgoAee ~c~ause oJ the fatlure o~ !he n~oMgngor to pro~npf~y and /u~~y ~o~Piy wit~ ttie ~roemenfs, altpu~ntiona, rnnditions and oouenanb oj saicl note and thL mortgage. o? either: to pfr~o?m, rnn~pl~r with and abid~ 6r eac1~ and ~wrp tlw agreemenb, sttpulaiions. c~w~dittons and c~overtnnb set fortti In said note and thta ~nortgage or elti~er. In t~ event t/~e morfgagor ~ni~ !o pay when due any tux. aasessment. iruurance p?emium or ot~er sum oj money pa~*a61e 6y viriue oj snic~ note and this morlgage. or eithe?. tht mortgagee may pay fke same. without urniving or a~~.cting ths opfton !o jorec~ose w any other rigf~t hereunder, ond aU such paymenb ahall 6ear tnteres! (ron~ dale thereof nt tl~e higl~est lnw- /ul r+ate tl~en allowed 6~? the bws oj tl~e Stnte o/ Florida ~ anr awn o/ rnoney herein r+eJe~d to 6e .wt ~~~[r potd within fifteen daya next ajte? tl~e snnte beoon~aa dus. or each and eaery the agresmenb. itipulalions. oonditions and rnvenanb oj said note and this mortgage, o? eilher, are not (uUy perjormed, c~omplied with and a6~ded by, then the eMire sum mentioned in said note, and tl~is mortgnge, or ll~e entire ~ia~ance unpaid the~eon. t~eau Jort~uutil~ or thereaf ter. nt the option o~ the morlgagee, become and be due and payab~e. anyt6ing in said note or I~erein to the contrary notwitlutanding. Failure by the mortgagee !o exencise any o~ !/~e ~ig~fa or opfforu herein provided shaU not cor~slitute n toaioer oj any rig~ts or optiona under said rtote o? thia mortgage accruec~ or therealter accruing. , . ~„<<; . ,t,'_ , . ' : ' = ~ ~ ; - ' - - _ -r , r jn ~~ll~[~l Wi{[~L the mortgagor has caused these presenb to , - a-~ 6e executed in ils name, n n d its corpornte sea ~ to 6 e hereunto a j ~ix e d, by ils ~ • - _ (~'~~~YC"ATE p ro p e r o~~ i c e n t h e r e u n t o d u ~ y a u t h o ri z~, t{ ~ e d a y a n d y e a r / i n t a b o v e w ri ~ t e n. I , t, ! 1`~ s ,l`' BYAL REALTY CORPORATION , € ATTESC-----=------------------------------------------------------------------- a__Flnrida---cax.uor.at_~.ox~-=----.._.---------------------- ~ s~t'~'~ ~ $igner1. senled nnd de~ive~ in tFie presence of : ~ ~ ' ' ~ , BY-•-- --••-----•-----••---------------••••----...--L•^-"-----••-•---••-- • ' p~~ . / . ~ 3V1(j.LEO A!!4 QE~OROEU Preadent - ~~---•-•,~-•~jB!l2r.~-•---....._._ ST. LUCIE COUNtY FLA. ' ' ' ~~`~~'N fiOCEN ?OtTRAS ~ CIERK C1riCU1T COUR RECOFO VE:~IFIEd FEe I I 3 43 PM' T t~~:.~ ~ ~ Of FL ORI DA , 20453~ ~ ~p~ p~ ST . LUCIE . I HFRF.BY CERTIFY Jw~ m e{~, dny. 6eJu.e o~ ell~o.r d~l~ .ull~orised in 1l~e S1d. and Cou~r oJar,od to ~04 ocao~dy- ~ """'''~"°"°~'°P°~'°"~ DAVID B. PUTNAM an , yp .,ell bww~ w.~e lo be ti~e P..sidnu ond ~~~Y ~~~r o/ ~~+~p^ ^~T•~d a. i~ - n.o.~oopo. 1n dr (o.~yoinp i.wnunrnl. a,d e/we 1~r seae.ollr «4nou~sJye~ e:.a,.ting d~e ,aee. in ~iv preaen« o/ ~rro w6~vi6:np r~ilne,,.s. (.KI~ ~d .d~~;l~ ~dr. ~Ma~r d~,lr ~~d ~ dK~ 6~ .od ~o?v~.oua? ~d e6a J~ .~d a//c.~d ~Mnio ~ J~ ro.~.o~. xel o! .dd co.va.uon- ~ wrrtvESS t~a ~d ~l;~t .~t ~ c~,, ~a s~ t~ ~«.~a ~ lOth ~y February , ~ A. D. t9 71_ - ~ • : r,•..., ' ^ . ` J . e _ ~f.~,,/! ? ~ ~ . t - J~ ~ This instrument prepared _ . ~ bY ~ ' c= Ncr~a~L~ti ic , State of Florida at Lar e. ~ ~ = my.:•comm~i.=ssion expires : ~ iiERAID S. JAMES o ; = Flelary F~':{ - : ;r ~ w . f' . " " Attorney at La i~ip Com~sssio:~ c;;;„;es q. d. 14; S~~Vi ~ ~~d by AsAnc~w i n d C~swtV G. Af1C ''i~~~`•~~..'~ ~i11{I South 2nd - ~ F{0(I~ ~iA~..~ti..'' U Q ~ 600K 190 440 ~ , - _ _ _ ~ , _ , ~ = = _ - ° * s~, , ~.h.,~