HomeMy WebLinkAbout2471 nnd sha~l p~r(o~m, comply u~i~h ~nd ~I,ide E.y ench ai:d ~i~e.y ~I~e agrepments, stipulations, rnnditions and
co~~ennnts Ilier~~. and oJ t{iis morl~~app. Ih~n t1~is morlgnge and IhP eslate hereby crpate~, sl~a~~ cec~se, ds-
ferminp anc~ be null an~l i~ui~1.
~
fhp mort,qa~~or I~~~mby ~urthe~ coi~e~iants antl agreea to poy promptly when due fI?e prinripal an~I
inlerns! ancr oiher sums of money provit~et~ Jor in saic~ nofe a~t~ t~is mortgoge, o~ eifher: to pay a~~ and
sin~ular Ihe tnxps, ass~ssm~~nts, l~i~i~~s, li~6ilitips, o6liAations. and encumbrances oJ ei~ery nolure on said pro-
perfy; fo permit. rommit or su(~er no u~aste, impairment or c~pferio~afion o~ saic~ ~and or f~e improvementa
I~~rncn at nny fimv: !o ~C~~vp 11~~ ~~ui~~inqs nou~ ur ~~er~a~l~r on sni~ ~anc~ ~u~~y insurn~ in a sum o~ n~f ~esa
!?~an nil
in a irompany or companii~s n~-c~pta~,~p lo t~~p mortgagee. Ihe policy or po~i~~ies fo ~~e tie~d hy. nne~ payab~ i
to, sni~ morfyagee, anc~ in fhP ~~nenf nny sum o( money 6PCOmes Payobl~ by i~irlue o( sucti insurance !he ;
mortgag~e s{~all ha~~e the rigl~t to r~r~ii~e and apPly thp sa.np to the inde6tedness {~ere6y secured, accounfing i
to i~~~ morfgac~or (or any s~uplus; fo pay a~~ ~•osts, CFfafpP3, an~ expenses, including Iawyer~s JPPS and ttt~e t
sean-~~es, r~psona~~~y inrurre~ or pait~ f?y f{~e morf94pee hecause o~ :~e ~ai~urp o~ !~e morlgagur to prompf~y ~
nnc~ ~u~~y romply u•il~~ f~?P agr~~menls. slipulalions, conclitions and coi•enanfs o( said nofe an~ this mortgage. ~
or eif{ier: to per(orm, ~omply u•it~~ anc~ aE,ic~e 6y each on~ ei~ery fhe agreements, sfipu~ations, conc~ifiona antj
cor~nm~ls sef for!{~ in sair~ nofe nn~ t~~is morfgage or eith~r. 1n t{~e event the mortgagor Ini~s to pay u~~en
due ony lar, assessment. insurancv premium or ofl~n~ sum oj money puynb~e by rirfue o~ said nofe anc~ f~is
morf~agP. or eif{ier, 1~~~ morf~~n,yc•~• may pny t{~P same, withouf ~uaini?eg or a~jecting fhe oplion to ~oreclose
or any olher ric~lil {~er~~nu~er, and a1l su~•h payments sha~~ 6par interest ~rom dnfe thereo( at tf~e ~ighesl ~aw-
(ul rate Il~en a~loii~ed by fliP I~u~s o( Il~~~ Statp o) Florida. i
any sum o~ mon~~Y E~erein re(errPt~ to ~e not prompl~y pait~ wittiin 3~ c~nys nexf u~ter
fl~e same b~comc~s du~, or iJ each and er~ry I?~e agreemenfs, stipulolions. conditions and covenunts of said
note and fhis mortga~~e, or either, are not (u~ly per(ormecl, comp~ied witf~ nnd a6ided 6y, tl~en l~te entire
tum menfionpcl iri said nof~, an~i tl~is morfgaye, or the entire balance unpaid thereon, sha~~ fortF~u~ith or
tl~ereafter, nt th~ option of Il~e morfyngec, becomP nnd 6e due and paya6le, anyfhing in said note or herein
fo f~~ ~ontrary nolu+illistantling. Failure {~V the mort~anPe fo PXPTfISP any o~ ttie rig~ts or optioru herein
proi•iclecl s{~a~~ nol conslitufe a u~ai~~er o( any riqhts or options under sai~ nofe or f{~is mortgage accrued or ~
f~~rea~f~~r aci•ruin{~. I
Dn ~~lnLJs ~hereof~ f~~v saic~ morf,yayor has tiereunfo signec~ oncl spalecl t{ieae presenls fhe
~ay nnr~ y~ar ~irst aE~o~~e ~rrilten. ~
Ui~ITED Pe~RTNERS III, I;vC. ~
Sign~~. sea~c~~ anc~ t~v~irc~rpc~ in f~~ presence o~:
~ .
; ' -
_
.
~ ~~~,~-u~.-_ . ~c.~~~.~-~ _ Bx . _
; ohn R. Rea, President ~
~
,
-
~ - - . . . . . _ . ~ - -~/~~~i~l.fit~i - - - ^
u
~ .~E~ • y~~~
I ~ ~ l~~- c.~ r . , . .
. _ . .
r _ R~1and~ 'L. ,:~~cnr~, Jr. ; ~ Secr~t~aY~S'. ~
;
• ~i
d .I j
: .
. . . . . . . . .
f _ . _ _ _ . _ . . _ . . ~
~ ~ . . ~ 3
t ~
~ , (J /
' STATE OF FLnRIDA, ~ • . • ~
~ ~ i,. -
~ Coi'\TY OF ST. LL'CIE . `
I HEREBY CERTIFY that on this day, beton me, an
~ Q~~{fCf cluly~ authoriz~d in the State aforesaid and in th~ County aforesaid to uk~ acknowledqments, pcnonally appeartd
~ JO1~ R. REA, as President and Roland L. t•:acon, Jr., Secretary Treasurer of
s
~ L'nited Rartners III, Inc.
; to m~~ known to ~ th~ p~•rwn S dexribed in and who ~z~cutrd th~ (or~gmnq instrument and theyaclctawkdged
~ ~
~ brlor~ rnc• that they ~x~~~«d ~h~ ~my under a~sthority vested in tnem b}~ said cor~d~'t~C~dbY;,~
_ ~a ~<,~~L~~~.1.~..
~!'17~1ESS m~~ hand and o!(icial ual in thr County and Stat~• last afor~said this ~~y: o~ •y
g ?anuary A. D. !9 ~Z ~ '
.5 _ }
; ~ J _ ~
~ ; ` Y
~ -
-
; ~ ' ~nDE ~ . / - 1,?~r~.~ -
, -
- . . • -
" fttED - .E.yjY Fl~?
3 ST !u%' -aag ';otary~ Pu ~1ic Ll - . v
~ C R,~'~' • _ ;Qt•~ iiy ~'iOi:~i21SS10Tl .~.XT~1rCS: ~C'~''•
' '/:Y•~~,~;
- ~ AOtARY `
af C:,: - PU9lIC. StATE of f10ltIQA M 1:.';;E
= 3~,~ ~N 17~ MT COMM!SSlilh ExCIR[S UCi. 21. 19i3
~ ~'1 ~ ~ow~o rNeouo~. seao w. o~cs,«hown
~AH
?
~ i
3 -
~ 2~ti1'7~. ~
`:3 WV 1C~~`'15 =
Y PRcp~RFn ~'Y' ~F FI..A
IS INSTR~sME~ ~ .r,r~_" CC)~Q E. FLORiDA -
_ "ll?u Inslnuncn/ p~rfurrFd hy: TM A~c`,TRAGT r ~F~:.T ~,E- - 5
2U4 5. Z;.D t
A~IclrFSt '
~j 198 P~; 2468
:
-
-
~
~ ~ , ~ _ _ : = . . : :