HomeMy WebLinkAbout1058 s~ul ~Ra~l perfo~m. c+omplr u~itl~ and o6ide 6r sac1~ and eoery tl~e agreement:, •Npulationi. eonditto?u snd
c+onenanta Ih~reo~, ond o~ thL nto?I~ap~. Il~en Ihi~ mo?tga9e ond the estats here6y cwalsc{, sha~l ct~w~,
ltrmtn~ and 6~ null nnd ~~old. .
Ii1Wi ttie mortgagor ~en~6y ~wlRor rn~?enanls and agrees fo pay prompf~y when dw f~ prtnctpa~ ar?d
tnte~rsl and other sums oJ money provided jor in satd note and Ihti morlgaps, or eitl~er: to pay all nnd
~ingu~a? the faxes, assessmenls, jevles, ~ia~i~ities, ob~tgafions, and encum6e~ences of every nntun o~ said pro-
perly; fo permit. commit or sulfe~ no u~a~fe, impairment or c~eferiorntion o~ said ~anc~ or fhe tmprovemenb
ftierren at any lime; fo ~PPp ~~P ~ut~inga now o? herpa(ter on ~aid land ~ully i?uwe~I in a sum o~ nol ~eu
l~an
in a company or rnmpanies ACCP~IQ6~ IO Il~e morigogee, the policy o~ policies to be held 6y, and poyn6l~
to, said moriga~ee, ancr in il~e evenl any ium of money 6ecomes ~ya6l~ by nirtue o~ such insurnnce Ih~
morfgagee sl~all I~ai~e tl~e rigl~t to rcreive and apply Ihe same to t1~e inde6fednesa kere6y aecured, accounting
to Ihp mortga~or jor any su~p~~u: fo pay a~~ cosls, rharqes, anc~ expenses. tnc~u~ing ~awyer i~ees and fif~t
sen?rhes, reasonab~y incurre~ or paicl hy ftie mortgagee because of !{~e ~ailure o~ Ihe mortgago~ to prompfly
ane~ ~u~~y comply u~ith the agreements, stipu~alions, conc~ilioru ancr corenanfa o( aaicr note an~ Itiis mortgnge,
or either: fo perJorm, comply u~ifl~ and a6ide by c~ach and every the agreemenfa, stipulations, rnnditions and
conenants set forf~ in said nofe anc~ ftiis mortgage or eiitier. ~n fhe evenf fhe mortgagor ~ai~s to pay when
due any tax, assessment, insurance premium or oth~?r sum oJ money pnya6le 6y virtue o~ ~aid note and this
morfgagp, or eifher. 1~?e morfgape~ may pay the snme. u~iftiout waiving or a~lecting fhe option fo ~orec~ose
or any other rigl~! herPUnder, anc~ all such payments sl~all 6ear inlerest ~ro~n date fl~ereo~ at tl~e l~igl~ee! ~nw-
rl1~ IQ~P ~~PII allou~e~ I~y I~IP ~IIIUS O~ ~~P S~Q~P of Flo~~da.
a?iy sum of monpy herein re~erred to 6e not promptly paid witi~in thirty days next ajter
tl~e same 6ecomes clue, or i( each and PVP~ II1P Q~J~t~~tiPt1~3, stipu~ations, conditions and covenants o~ said
note a~d this mortgaye, or eitf~er, nre not ~ully per/ormed, complied wi11~ and a6~ded 6y, tl~en Ihe entire
sum rrtentioned in snid note, and tl~u mortgage, or fhe enlire 6alnnce unpaid lkereon, si~nll Jorlhwith or
tl~ereofte~, nt the option o/ Ihe mortga9eP. 6ecome and ~ie due and payable, nnything in anid note or herein
to ftie confrary nolu~il6standin,q. Failure by Ihe mortgagee to exerrise nny o~ the rig~la or opfions ~erein
proui~ec~ s{~a~~ nof conslilufp a wainer oj any rigtits or opfions unt~er sai~ nofe or this mortgage nccrued o?
t~erna jler nccruing.
~n ~~Lil~s ~IKIL~`~ !~e saic~ morfgagor has tiereunfo signec~ anc~ sea~ec~ ttiese presenls the
~ay un~I year Jirst a6one u~ritfen. B~~ B~S ~ I~ ~
ig , sea ~ delit~vred in tl~e p~esPnce o~: ,
By,~ - ~,0.
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,n~~~~ Travis D. Bowen, Presic~ent •
' /~„~,l~d-t~t.~ ~ 1'~rk-~ ..ATT T~------
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` - - i ert Bowen, Secretary
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~ , Davi L. Walker
~ aTATE OF FLORIDA. ~
~ cou:v-rx c~F polk
~ I HEREBY CERTIFY that on this day. before roe, an
~ officer duly authorized in tht Statc aforcsaid and in the County a(oresaid to take acknowkdgm~nts, pcnonaUy appeared
TRAVIS D. BOWEN and GILBERT BOWEN, as President and Secretary of
~ Bowen Brothers, Inc.
to me known to b~ the penons described in and who executed the [orcgoin~ instrument and theY acknowkdRed
~ beforc mc that they~xecuted the ume. ~)~jQ
~ WITNESS my hand and official seal in th~ County and State la~t aforcsaid this ~d~i.~. da7 0[
January A. D. 19 7~• .
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NOTARY PUBLIC, Sta Q o, ~~lorida~~
~ at Large . ~ . - : _ _
My Commission Expires.: -
NotARY PtIBIIC. nAtE et MQMDJ? ~t tAar,E
N!Y COMMISSI:~~? F;,p}~3 pc~. ?6. .19y~ ~
BONDEO TMROUGH FRED W. p~EjTE~~Y
i'Y Y"~~-~ti
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1~,u r»~,,~,,,,~,,, p?~~,~~ by: o R~y9 e.,c~ 1057
d0u~
Addrru This in:.t:t;~ettt w2s p:epare d by
- F~.ci~ard Y. Ne;ll, I~4-A No. 2nd St
4:~
, Fort Pierce, f la.
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