HomeMy WebLinkAbout0052 ~ anc~ shal~ pe~Jorm, comp~y u~ilh an~ u~,i~e by ~ach an~r enery f~~e agreemenfs, slipu~alions, con~ifions anc~
( covenanls ihereo~, an~ oJ I~is mo?tgage, f{~en f~iis morf{~age an~ f~~ PSIAIP ~~era~~p creafF~, s{ia~~ cc~ase, c~~~
termine and be null and i~oid. • ~
~ n11~ thP mortgagor hereGy (urther conenanls and ngrees to pay prompf~y u~hen due the principal and
inlerest anc~ other sums oj money providecl for in said nole an~ t{~ia morfgage, or either; fo pay a~~ an~
~ siri~ular the taxes, assessments, lenies, lia6ililies, o6ligations, and encum6ranres of every nature on snid pro-
~ perly; to permif, commi! or suf
jer no u~aste, impai~menf or t~eterioration o~ saic~ ~an~ or the improvemenfs
( tl?preon at any fime: to keep fhe 6uildinps now or I~e~ea~ler on sait~ ~anc~ (ul~y i?tsurecl in a sum o~ not ~ess
fhan
I in a company or companies accepfabje to f~~e RIAtIgpgPP, IhP po~icy or po~icies !o he held 6y, and paya6le .
~ fo, snic~ mo~tgagee, and in ftie event any sum o~ money hecomes paya6le 6y t~iriue oj such insurnnce f{~e
I mortgagee shall have the ripht 1o receine and apply fhe same to the inde6tedness here6y securecl, ncrounting
( lo fhe mortgagor ~or any surplus: fo pay a~~ cosfs, charges, anc~ expenses, inc~uclirig ~awye~~s Jees and tilje
i searc~es, rnnsonably iricurrnt~ or ~~d 6y ~hp morfgagee because o~ f~e ~ai~ure o~ fhe morfgagor to prompt~y
; an~ fu~~y comp~y u~it~~ Ihe a~reements, sfipu~ations, conclitions ancl.coi~enanfs of aaid note and tl~is mo?tgage.
or eilher, to per(orm, comply irith and abide by each and ei~ery tl~e agreements, stipu~ations, conditions nnd
~ covennnls sef ~ort~ in sai~ note anc~ fhis morfryage or eitl~er. ln Ihe e~~ent t~e morlpo~or ~ai~s to pay w~en
~ due any tar, assessmrnt, insurnnce premium or othPr sum o~ moriey ~ya61p 6y vi?tue of said note and tl~is
i g ~ c~ y pay fhe same, u~if~o~d u~aivin or a eclin t~e o tion to orec~ose
~ morf a~e, o~ eif~er, fhe morlc a ee ma g Q p f
i or anv oiher rigF~l herpiuu~~r, and all surh paymenis s{~all 6enr interest from date thereof at t{~e I~ighest lau~-
~ ~u~ rale then a~~ou~ec~ hy 1{~e ~au•s o~ f~ie Sfaf~ o~ f'~oric~a.
~f F
~l any sum oJ money I~pr~in re~errecl !0 6p not pro:npl~y paic~ u~ifhin thirty c~aya next a~ter
f{~e same hecomes c1ue, or iJ Pac{i and Pl'Pry ~~P n~reemenls, stipu~afions, con~itions anc~ covenants o~ snitl
' nofe and this morfgage, or eill~er, are not /ully per)or?ned, compliec~ wil1~ an~ 46~dRd 6y, tl~en the entire
sum mentioned in said note, nncl this mort~age, or 1he enlirp balance unpai~ tl~ereon, sl~al~ jort{uuith or
f{~erea(ter, n! f{~e option o~ f{~e mortgagee. 6ecome and 6e due and ~.ya61p, anyfhing in saic~ note or tierein
to the conlrary nohi~ithstanding. Failure 6y the morfga~ee to exercise any o~ the rigtits or optioru herein
pronic~ecl shaA not constifute a waiver o~ any rights or options uncjer saic~ nofe or fhis mortgage accrued or
' therea(ter accruing.
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Sn ~~lll~s ~IKaG~~ fhe mori~nc~or hns causec~ ttiese presenls to ~ j
~ (CORPORAI'E
~ SEA~1 be executec~ in its name, and ifs corpo?nte seal to be hereunto a(~ixed. 6y ~es 1
j proper o~~icers fl~ereunto ~uly aut{~orizec~, the day and year ~irsf n~o~~e u~?i!len. ~
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~ ; ST. LUCIE MO~'ORS, INC. ;
, :~rresT:- ~ - - - _ - ,
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~ ~ ~ tirctttary .
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i j Signec~. sea~e~ nnc~ de~ii~pretl in Ihe presenrP o~: - #
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~ i - - - C'f F r~sx~M
~N~ ~EC
~ .~~~.d~p.. . . . s~ ROGEa P01~~T C
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- . ~LERK C1NCl~~
~ ~I IIECOflO VEa~f tEO~
~ ~ 10 9 ~ pM'1 t
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~ O~ FLORIDA I~i18J~9
~ ~V~~ Ol ST. LUCIE
~ t lifRFRi ~Frrr~?-~~ ~?,a~ ~ti, ~r. ~~o.. ~ ~~t. at.,~,~.,ua ~ o„a c«..u, ~/a.,~a ~o ~a~ ~
_ ' a.~~dt, ~~~d E. P. DeFRIEST JR. -
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. urll Lnoa„ eo m. to be 11~. P...Glvnt ar~1 ..varcH~rly o~ 16. cnr~w.~t~on nam~d a,
j~~ mortpag~~r in ttie ~ongixng in~tn.rrw~nl. und f{wt Itiry xnra~~y ar~nouae~ ~~~cutinq l~t samr. in ttit ~»?~vncr o~ fuo au6srnbing uatnrssrs. ~
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(nelv and ~ro~untanly un.~rr aut~wrlv .~~Jy ~sln~ in I~m hv wu~ corpwol~on o~ l~w! Itit sro~ a~~~s~ I~vnto is 1~ ln~e corporalt sro~ o~
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~ i so~ corpordion.
_ ~j wrr~r.~c my o~l~nd ,.d c-a.,,~, a,d s«~ t~,, o~«.,,~a 9th doY d November
~ ' .t io 71,
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x: i~ . Notary Pub i ~
~HIS INSTRUMENT PREPARED BY: .
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:Y ~~f !q. F^~?^~'~,a ~ ~s~~~ommission Expires :
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= j~ fOrt Fie.c3~ Florid~ , . _ _ ~ . . , ~ cc. s, ~ ;s
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