HomeMy WebLinkAbout1148 and s{?nll p~rJorm, ~-omply u~ith and ~b:de by each and every 11~r agreements, atipulalIon's, conditions and
COI~PIIA/11S f{IP/PU~. U/l(~ O~ ~~IIS IIIU~1qApP. ~RP/I ~?IIS rRW~{~~QP QII~ ~I~P Pt~O~P ~P1P6y ('?ea~~, i?iQ~~ CPatB, de-
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1NLR f{~p mortgac~o~ {~en~hy Ju~the~ corenanfs antr ogrees to pay prompt~y u~hen due ftie prtncipa~ and
int~rnsl and olher sums o~ money proi~i~ec~ ~or in saic, nofe and ftils mortgage, o~ eifher; lo pay u~~ a+td
singular ~I~e taxes, asspssments, IPt'IPS, lia6ilities, o6ligations, and encum6rances o~ every nature on satd pro-
pe?ly; fo permil, commif or su~jFr no u~asfe, impairmenf or ~eteriorafion o~ said ~nnd or fhe improvemenb
the?wi~n al ~ny time: to RPPp IhP 6uildings nuw or h.~r~fl~r on saitl ~and ~u~~y instue~l in a sum o~ nol ~esa
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in a i-om~u~ny or c•ompanies accepfab~e fo Ihe mortga~ee. Ihe policy or policies to 6e held 6y, and payu6~
io, said moripa~ep, and in the evenl nny sum oj money becomes Pnya6t~ 6y virtue o( such insuronce tl~t
morfgag~e shall ho~~P the right to r~rei~~e and apply the same to tf~e indebtedriess I~ere6y secured, accounting
to (he mort{~a~o? (or any surp~us: lo ~wy a~~ cosls, ctiarflPS, and PXF/PI13PS, inclut~i~g ~awyer~s Jees and fil~
searchi~s. rnasonatily irtcurre~ or paic~ tiy the morlgagee tieca~ue of f{~e Jai~ure o~ ftie morlgagor to prompt~y
anc~ (u~~y comply u~~rh the agreemenfs, stipu~lions, ronaitions an~ conenanfs oj said nole and ttiis mortgage.
or eii{~er; fo pPrJo?m, c•omply u~ith and ab~dp 6y Pa~h ancr ei+ery fhe agreemenfs, sfipu~ations, cont~iftons and
co~~enants set forth in saicl note and this mortgage or eilher. In the event the mortgagor jai~s to pay when
cjue any fax, assessmenf, insurance premium or otl~er sum o( mo?~py rxiya6l~ 6y vi?tue o~ saic~ note nnd this
morfgage, or eit{~er, Ihe morlqagee may pay f~e same. u+ifhouf u~nii~ing or a~lectirtg fhe opfion to ~orec~ose
_ or any olher ~ic~ht {~erNUnder, and all S~,~h ~xiy??~en~s shall 6~~ interpst Jrom date Ihereo~ ul the l~igl~eat ~aw-
~u~ rale f~~rn a~~ou~e~ hy f{~e ~~u~s oJ ftie Stafe o~ F'~oric~a.
Ot1C~ h°a~~ ~um o~ mor~~y hPrein re(errec~ lo ~e not prompt~y paid u~ithin 3~ days ne:t alter
tl~e sam~-6ec-omes due, or i eac{~ and PI~PI'y I~P agreements, stipulntion~, condilions ancl c~ovenanb oj said
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note nnd tl~is mortqac~P. or either, are not )ully perjormecl, complie~ u~ith and a6icletl by, I~en. the entire
sum mentioned in said note, and this mortgage, or the entire 6a~nnce unpaid 1ltereon, shall /orihwitlt or
t~ereajfer, n! the oplion o~ f~e mo?tgagee, become anc~ be due and paya6le, anyttiirtg in said nole or kerein
fo thP conlr~ary notu~ilhsfanc~ing. Fai~urP 6y ~hp mortgagee fo exercise uny o~ ftie rig~ts or optio~s herei+t
proc~ic~ee~ s{~a~~ not co~sfifufP a u+aii~~r of any riqhfs or options un~pr 3aid nott or fhis morfgage oce?ued or
' l~~.?~~/!•~r accr~cin~.
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~n ~Il~[~OL~ f{~p sai~I mortgc~gor I~ns hPreunlo signed ant~ sea~ed thes~oiN~~t fhe
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; ~aY an~ year ~irsf atio~~e u~riffen. ,~~~`QEIF~ ~~'~1 ,
~ t ` INDIAN RIVER OIL ~ ~ ~~~~''j = -
g S~9?1P~. SPa~A pR~ ~PIII'P~P~ !/1 ~lIP p~PSPIICP Oj: ~ h~~ ~
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Its Sec. -Treas.
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~ fATE OF FLORID:~ COU1V'TY OF SAINT LUCIE
1 HEREBY CERTIFY. TF~nt on th~ 3rd _~y o~ _ Nov_ember . A. D. ~9-jl.
h~.lo.e ?ne ~enonalty appew~ed _ Robert C. Fender ~ Sarah E Fender
r~~spectivelY President artd ~etar~? - - ~f
~ 1 N Dl A ti R 1 L' L'' K UI L C'U 1`'IPA 1\TY , a-- a oorporntion, to m~
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; and w~o execufed fhe ~oregoiug it+str~:s.u~:.i. ~r.~ sa~srll~ (.n~.~.1~.7..~ ~I.; ~rw-
. known to-~e t~?e persons descri~ec~ in
cution thereo` to fie their ~ree act ~d d~d as such o~f icen. jor t~e usei ane~ purposes t{~erein mentiorwd; ~~~i~1.~
' ~ i'! 1 p
' n~f ixed tF?ereto the of
f icia~ sea~ o~ saicl oorporotion, and the suic~ instrument is the act ~d d~d oj
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; ~~'CI~ESS my hand and o(jicial s~n~ at Forf Pierce - sntd caunty at~:al~'.~-1;.~• ~
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- . Notnry Pu6lic. tn and ~r State and C{~~r ~~s .
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