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HomeMy WebLinkAbout2176 i f + antl s{~a~~ perJorm, comply u~ith a?i~ nbide by eocl~ and e~ery the agreements, slipu~olions, conditions an~ ~ covenanls thereof, and oj this mort~age, tf~en !hu mort9age and tl~e estple f~ereby c?eat~, shall c~ase, de- ; termine and 6e ~uU and void. • f TU~ fhe mortgagor here6y ~urther eovenanla and ag~ees to pay prompfly when c~ue fl~e principal ancl interest and other sums a/ money provided jor in said note and this mortgage, or eilhe~: to pay all and singular Ihe lnxes, asaessments, Iei~iPS, lia6ilities, o6ligalions, und encum6rances oJ erery nalure on saic~ pro- perty: ~to pe~mil, c~ommi! or su~(er no waste, impai?ment or dete~iorolion o/ said land or the improvemenfs thereon at any time: to ~eep the 6uildings nou? or hereajler on said land (ully i?uured in a sum oJ not less than tNOT REQUIIZED~ in a company or companies nccepfa6le to the mortgagee, !he policy or policies to 6e hetd 6y, and pnyable to, sai~ morlgagee, nnd in the even! any sum oj money ~ecomes paya6le hy virlue o~ sucti insu?ance ftie mortgagee s1~all have Ihe rig~! fo receive anc~ apply tF~e same to ff~e inde6tedness {~ereby secured, accounting to ftie morfgagor jor any surpjus: fo pay a~~ cosls, char{~es, and pxpenses, inc~u~ing ~wyer~s ~ecs ant~ lit~e searches, rensona6ly incturecl or pnid by 1{~e morigagee tiecouse oj Ihe ~ai~ure o~ fhe morlgagor to prompt~y an~ ju~~y comp~y wil~ the a~reements, stipu~afions, conditio~s and cove?iants o~ saic~ note nnc~ i{~is mortgagp, or either; to per(orm, eomply u~ith nncl a6ide 6y ench nnd every tF~e agrpements, stipu~ations, conditions and covenanfs set fortti in saic~ note nnd fhis mortgage or eit{~er. ~n f{~e evenf t~e mortgagor ~ai~s fo pny when c~ue any tax, assessment, insurance premium or olher sum o~ money pnya6~e hy i~irtue oJ saic~ nole nnc~ I~is mortgage, or eil~er, the mortgagee moy pay ihe same, without waiving or ajJecting fhe option to Jorec~ose or any other right hereunder, and all siich payments shall 6ear interesi (rom date thereo~ nt ~he highest Iaw- /ul ente then allowecl 6y Ihe 1au~s oJ the S1ate o( Florida. ~ any sum oj money ~ierein reJerred to 6e not pro:nptly paid u~it~in 'j'~ ~1~~ day~ next a~ter ~ the same becomes due, or i( ench nnd every Ihe agreements, stipulations, conditions anc~ couennnts o( said note ancl ttiis mortgage. or either, are not Jul~y perjormed, comp~ied with and a6~ded 6y, i{ten fhe e..i~~e ~ ! sum mentionec~ in said note, and this murtga~e, or the entire ba~ance unpnid thereon, shn~~ (ort{uuitF~ or ~ therea(ter, at the option oJ the mortgagee, 6ecome and 6e di~e and pnya6le, anything in said note or herein to t~e contrary notwil~sfan~ing. Fai~ure 6y ~I~e mortgngee to exercise any of the rig~ts or options {~erein pro~ided sha~~ not constilute a waiver oJ ~~y rights or options unc~er snid note or lhis morlgage accruecl ar therea(ter acc-ruing. 1 , ~N~?IHrr~~~ ~ , ~ .:.~o~~`~, ~ ~ : ~COpA .p - R ` v _ ~ ' • ~n ~~Ll~~S he mortgagor as caus these ~ _ : ~ ~ ' ~~OR('ORATF_ ~ ~ ed presents fo ~ ! _ ; o ~1~j y~; ? SFA?.} 6e executec~ in ils name. and its corpornte sea~ to be {~ereunto a~Jixed, by i!s ! ' ~':'~j Al~ti(~ proper oJJicers thereunto ~ujy authorizec~, ehp day and ye~ Jirs! above written. ~ , , ~ • . , ~ - ~ ~ ; . ~ i ~ ~ ~ ' ion : ' - MODCO~ - ~ - rpora-----~----~-- ( ~~~~~+~T' Fl t ~ `w relary ~ Signed, ed ancl c? iver in t{~ prFSence o(: ~ _ ~ ' E3 ~ I ~-,:t-- - _ } P«s~d~~t : - / ~ C.1~-4~-. ~ I~Cc~t-•-Q ~u/ ; - - - I I f ~ ~i " 1 j I~ ~ I 1 ; ~~1~P Ol FIARIDA ~ ~ ~IUI~ Of ST. LUCIE ' ~ ~ 1 HF.REBY CERTIFI" d,a~ ~~h;: da.. 6P(«. ,..P. ol(~n. d~Jy au~6«~ud M i1~. Si~~ a.~d ('a.,Jy n/on~;.l io ~alK ~Ir,~~kaodfl- ~ m.,~~. ~x.~,~it, ~,Ka~d Ned Smith ~ ~ ur~~ ~nown tn me lo ~re t~v E'rvsi.Jvnl ~ f~ o( Ihr corporulion nanw~~ as _ I r~ I~ot 1{~ry svi~eru~~~• ac~tnou~v~ J Farculin Itiv wmr, in I~.e rxne~ o lu~o su6xn{,en ualnPSSVa. : mwfgagor in l~t ~we~Nnq ~nsirumenl. o ~ 9 M ~ 9 ~ ~ r r r I t ~ ct _ rfK~f 6~ I~Ult~MIY UIWPI UU~~IWI~y 11111Y ~'P~~ III ~ElYT SW(~ fd~NX01/iM ,Y1Q ~~0~ ~~P WO~ Q'~IXPU ~/1PfP~0 IS ~RP ~lllP ('W(NXQ~P SfO~ Ur i ! ~ ~ _ ~ ~17~~V~CC m~ harul an~ offi~-ia~ seol in ll~e ~~ounly an~l C~dr ~asl u~w~soi~ Il~~. 6t.~1 •1a~ of Deceasber ~ ~ ` v•A;'I31.,,a~. ' ~ S~COROEO , ~ ~ . FI~ED # - . ^OUN1Y Fl~?. _ . - : - :~ja'~ -7 •y. ST~ ROC~R ?D~jRI?S , y ` CLE~K G'RFIf p CO~RT ~~"'!'Y . ! ~ ~ • - ; ; ^ - - - - - - . . . ~ j'•. ~ l~-s : ~ aECeao ~ER 0~ ~ B~AJt~ PUBLiC STA 0 IDA T - , . j 1 DEC ~ ~ TE OF R R A UIP.GE i: y'; , Nr CONIbIISS;ON E)(PIRES AF'7il lo, 1913. - . - • 2~002 ~ ~~.3 ~ - TMIS INSTRUMENT WAS ~RFPARED BV ~r ` _M.S. McCOLW~1, ATTCR'.EY-AT-LAW BOGK~9 / PACE ~ 2121 - lsth AvE;.t.E ~ - VERO BEJ~CM, FLCR1i.l1