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HomeMy WebLinkAbout0376 - i r, ~ und s1~a11 pnr~orm, comply witl~ and nbi~le 6y Pp~h and eaery Itie og~~emenb, stipulations, condilions and ; covenants thereoJ, and of this mortgage, then Ihis mo~tga~p and the pstate hereby creafed, sl~all cease..de- ~ termine and 6e nu~l and i~oid. ~ ~Ild ehe ~or~9ngor hP.~6y jurt{~er covenants artd agrees to pny promptly when due the principul and interest and oitie~ sums ol money providec, ~or in satd note anc~ f~is mortgage, o~ either: to pny a~~ anc~ singular the taxes, assessments, lei~ies. Iiabililies. o6ligotion~, and encum6rances oj euery nature on saicl pro- perty; to pe?mif, commif or suf~er no u~asfe, impnirment or c~efe?io?afion of snicr ~anc~ o~ (~e improuements thereon at nny time: to RPPF1 ~IIB 6uildings nou~ or herea/ter on said [and /u11y insured in a sum o( not less ~ha~ maximum insurable value in u company o~ companies accepta6le Io the mortgagee, the policy or policies to 6e heid 6y, and paya6le to, said mortgngee, and in the event any su~n oj ~o„Fy b~-o,,,ps paya6le 6y virtue oj sucl~ insurance the mortgagee shn~l hai~e fhe rig~f to ?rceii~p anc~ opply t{~e snme to f?~e inde6tedness I~ere6y secured, acxounfing I fo fhe morlgagor ~or any swp~us; lo pay a~1 costs, charges, and expenses, inc~uc~ing ~awye~~s ~eos unc~ fit~e sQarches. ?~sona6ly incurred or ~,~d by the mortgagee 6ecause oj the jailure of the mortgagor to promplly ~ ancl /u~~y comp~y u~ith ihe agreements. slipulations, conditions nnd coi~enanls of satc~ nole an~ t~~s mortgage. ~ or eit{~e~: to per/orm, comply wit{~ and abide 6y ench and euery IF~e ngreements, stipulations, conditions and c~ovenanis set forth in saic~ note and this morlgage or eif~er. jn itie event !tie rnortgagor (ails to pay when clue any fax, nssess?nent, insumnce premium w othe~ sum o~ money paynble 6y i•i~tue of saicr rtote anc~ t~is mortgage, or eit/~er, the mortgagee may pay 1{~e snme, without waiving or aJfecting t/~e option ~o forer~ose or any ol~er right hereunder, and alI sach payments shall bear interest /rorn date ff~ereo/ at t6e higheat lau~- /u( rote ~l~en a~lou~ec~ 6y the laws oJ ~l~e State o/ Florida. - )l nny sum of money ~erein re(errecl to be nol pro:nptly pnic~ u~ithin thirty dar, rtext a~ler ~ ~F~e same becomes due, or i/ encf~ and every the agreements, stipulations, corediliores and couenanfs o) snid note a?id this mortgage, or either, ore not /ully per/orneed, complied mith and a6~d~d 6y. Ihen the enti~e ' sum mentioned in said note, nred this mor?gagR, or tiee entirp bnlance unpaid tF~ereon, shall jorthu•ith or ~ ~ thereaf ter, at t{~e oplion oJ the mortgageej 6ecome und be due and paya6le, anything in said note or herein to tf~e contrnry notwithstanding. Fuilure by the morlgugee to exerrise any oj the rights or options herein j j prouided sl~aU not constitute a tuaiver oj any righfs or options under said nofe or this mortgage accrued or 'i therea(ter accruing. ~ , I ' ••r1,, . ~ . r • i l ~ . . ' ` t . . ~ i ~ ~ - y ~ ~.~.7c•.~!S• '1~ ~{/}n~~ ~~ATE ~n ~+'~NSw.~ the mortgagor has caused t{~ese presents to ~•„ti;-,.' $~'•~-1 6e executed in i1s name, and its corporate seal to be hereunto aJJixed, by its ' p of(icers t~ereunlo duly autho?ized, the day w~d yea~ first above writfen. • I ' ' ~ ~ I ~ t ATT'~S'~:---•- ...INDIAN---RIVER_. FOODS_,_...INC-'----~--------------- ~ : Joh ri ker a~~ ~ Signe~, s, q/~~'ft~ ~ 'i t~e presence o): ~ r~I i-. ,t [3 ---•••~--~•--1-'-. ` _._..-•`~a,.--•--•-•-••------- , Prcs~dr„e - Richard E. ~~cker ~ - . _ u . ; ~-t_-~. FLORIDA . ST . LUCIE ; 1 HF_J2EBY CERTiFY i?wt Jw dar. 6.?~ ~ oJ(~. dd~ ~Ia.~ttd t.. ~I~ ~a~ ~d Cp,.~rr a/wY,a;d io cd~. o~&~«.~- ; RICHARD E. BECKER and JOHN BRICRER $ u~r[! 4~wu~n ~o mr ~o be the Pnaid~~t arr! Seeretary ~ry.rcen?ly oj• J~ c«po~ution ?~amrd oa ~w?tgogor in ttie jor~go'u~g instn~mrnt. and t~al t~+ry warn~ly ar~.nou~~dg~rJ rucWinp l~u samr, in t~r prrxn~r b o~ luo su u,sidina uil~ssti. (~re1y and colW«orill unJrr aWbw;ir d„lr ~r.erd M d~.m 6y ~d ro.~,,,~:~„ ~d d~w d~ ~I n((u.d d~.~o u e1K a+~ ro.~rok ,~J o( ,ad ao.yon~on. W~y1(F,SS my lwnd wd o((u;d xd in dK Ca.~ry o.d S~,~s~,.~~~;d J~s day oJ T1t1dY'y • ~ - ~1• _IZ.~; ; ~ _ , . 1 ..~,`F t' / . • J,~JC ti.Y • ' ' ' ' ' ~ ` ~ . _ = ot Public, State of Florida - = + ; ~ ; . , • at Large . . ~ My Commission Expires : , ? . , -t ,;1, 4``~ ~ ~J t:otur V„hl;c. State ol Fi~~d: N i~Qe This~uistNment was prepared by ~ Richard V. NPiN,124-A No. 2nd SL 1~Ay ~ummission Eapires March 20, ~9~~ hedW ti Art.cncn ir~ ~ C~swY~ C~. Fort Pierce, Fla. 60~ Mt~ 3~ ? _ _.__.r---- - - - . - . _ ~