HomeMy WebLinkAbout0837 nnd shall perjorm. ~omnly u~ith and abide 6y each an~I every !he aAreements, slipulati~ns, conditioru nnd
covenanfs Ihereof, and oJ this morlgape, tf~en this morlgage and tl~e estate here6y crent~, shall cense. de-
termine and 6e null and void.
~ the mortgago~ {~e~eby (urtF~er covenunts and ng~ees to pay promplly when due tl~e principal and '
inlerest ond other sums oj money provided /o~ in said note and this mortgage, or either: to pny all and
singular the taxes, assessments, levies. 1ia6ilities, o6ligations, and encum6rnnces oJ euerv nature on said pro- ;
perty: to permit, commit or su~jer no waste, impairment or c~eteriorntion o~ suid land or ftie improvements ~
Ihereon at any time: to keep the 6uildings now or herea(ter on snid land /ully insured in a sum o/ no! ~ess y
than maximum insurable value
in a company or companies acceptable to Ihp morlgagee. ~he policy or policies to 6e held 6y, and payn6le ~
to, said mo~tgagee, and in the euent any sum oj money 6ecomes payn6le 6y virtue o~ such insurance the #
mortgagee shall F~ai~e Ihe right to receive and apply !he same to the inde6tedness I~ere6y secured, accounting ~
fo !he mortgagor ~or any surp~us; to pay al~ costs, c~a?ges, an~ Pxpenses, inc~uding ~awyer~s ~ees anc~ tille :
searches, reasonab~y incurrec~ or paic~ 6y ihe morlgagee because oj the ~ai~ure oj the mortgago? fo prompt~y .
anc~ f ully comply wif~ !~e ag~eements, stipu~alions, con~ilions an~ covenanis of saic~ nole and lhis mortgage.
or either: to per/orm, comply witl~ and a6ide 6y each and euery 1he agreements, stipulations, conditio?u and
conenanis set ~ort~ in saicl nofe anc~ fhis mort~afle or eithe~. /n !he evenl f~e mort~agor ~ai~s to pny u?hen
due anv tax, assessment, insurance premium or other siim oJ moriey paya6le 6y virtue o/ said note and this
morfgage, or eif~er, f~e. mortgagep may pay the same, withnut wai~~ing or a~fecling t~e opfion to iorec~ose
or any other right hereunder, antl alI such payments shall bear interest ~rom crate thereo( at Ihe 6igliest ~aw-
,(id rate Ihen allou~ed 6y fl~e laws o( the S1ate of Florida.
~
any sum o~ money ~ierein reJerrecJ fo 6e not pro:npfly paicl u~iftiin thirty days next aJter
omes due or i earh and e~~e 1(~e a reements. sfi ulations, conclitions anc~ couenant~ o/ said
y the samo 6ec , f ry 9 P
~ note and Ihis morfgage, or either, are not ju~ly per~ormecl, comp~iecl with nnd abidecl by, tl~en the eniire
~ sum mentioned in said note, an~ this mortgage, or Ihe entire 6alance unpaicl tl~ereon, shai! (ortlw~it~ or
' t6ereaf ter, at the oplion o( Il~e mortgngee, become and be due and paya6le, anything in said nole or ?~erein ~
~
; fo the contrary nolwithstanding_ Failure 6y the mortgagee to exercise any o~ Ihe rigltta or options herein
provirlec~ s~a~~ not constitute a waiver o~ any rig~ts or options under saic~ note or t{~is morfgage nce~ued or
lherea~ter accruing.
.
t
~
L;i ~ "
• 1~ C~? ' ~ ~ -
L1 ' _ .
_
i; ; _ _ , I .
' J ~ ` s~ ~ ~n ~~tness ~hereof f{~e morlgagor {~cu caused !{~ese presenfs to
~ ~ _ (CORPOR~TE
; ~ SEAL) be executed in i!s name, anc~ its corpornte sen~ to be {~ereunto a~jixec~. 6y
~ ~ l . `
• proper oJ~icers tl~ereunfo clu~y autf~orized, tf~e day and year ~irst above written.
t / `
:
` J& L LAND CORPORATION
' ATTEST:.__.
- - - - •
; ; Ge ra S. Jam s s~~ - ~
E ~ $ignec~, sea~ec~ anc~ c~e~ivered ' e~egc~i5eu~er .
f < .
e .G~-tL,~ ~ Bi./.~~~-------------------
~ -----w Patrick B. Lally P~~a~.,~ °
~ ~ " ` ;
- F I.EO At1D RECOROEO ~
- t
iT. Lik1E COUNTr FLA.
ROCER POtTRA8 °
CLERK CIRCUIT 08URt,
Q~ ~
IlECORO VEAIFIE~r1L~.
~
~ KAA Z9 Z ~1 ~'7 ~
Of FLORIDA
~ i~OUII Of ST. LUCIE SS ~ 0 G 7 9 2
~ ~
~ ~ 1 HEREBY CF.RTIF7 ~Fw~ tlw dar. 6.J«r mr. m oJ~~c~r. d~lr ou~M.ized in ti~e Stote and Co~u~t~ aJan,oid ~o taLs «b,ou~4dQ-
~ `'~"°"°i~~ °D°`°"~ PATRICK B. LALLY and GERALD S. JAMES
~ ~
; n,~! ~,~.r ~o ~o ~ Pn,:a~~~ a.~aSecretary-Treasurer R.~.~,:n~, d ~ ~,.a
~ mo~tgagor in fM ~oregoing insln.menl. and ftial 1/~ey re~*rrn~~r oc~enou~edprd ezrculing l~.t snme. in t~e pnsenn o~ tuw subsaiding wiln~ss~s.
~realr a~ oolunlarily ur~Ier ~6«;iy d~lr r.,e.d ~ elKm 6y ,dd ~d d.~ J~ xol a((u.d ~M.r~o u dK wr ~o.p«o~. ,.d
.~d ro.yo.aan .
~n4 ~ WRi1'E$$ my tiand and o((Icin~ xa~ in 1~ Counfy erd $ble ~ast a~ansoid I~w 29 th da7 ~ March i
i `
A. D. t9 7~ ~
K~ ~ 4
S J ~\~~\1?~~~~~~ ~ ~
~:'2:. \ \ ~ . ~
x.... 1 v~ /r /I. .
k'' ~ • ~
, C~;'"..
, L L~/ti-'(..(/--- ~~•t'Y-.?L_ . - ~
' , a r 'l > °r--- L ~ `
~X f-• 4 ~ . `~fltary~~Public, State of , rida ~
s
_ : • ~ - at Large.
. - • ~ ~ ~ . '
: . ~ ~ ; ;
~ ; - •,.--l~fy commission expires : ?
,
~ , . ~ .
- ~
~1
- B~~~i~~' ~ 836 ~
.
, ~
~ _ . _ _ : _ _ _