HomeMy WebLinkAbout0850 unu snau F?er~orm, ivmpip u•un una uuiur ur ruc n uny evr~y ~nr uyn mrn~s, su~~u~ununa, cvrwu~uns anu
covenanla thereo/, and oj tl?ia mo?Iyage, If~en Ihis mo~lgage an.l Ihe estale he~el,y crealed, shall cease, de-
termine and be ~ull and void.
~ the morlgago~ here6y Jurther covenanls nnd ng?ees fo pay promplly when due the principal and
interes! and olher swrw oj money pmvided jor in satd nute and thts mortgage, or either: to pay all ar,d
singu~ar fhe taxes, msessments. ~evies, lla6ilities, ob~igations, and encum6rances o~ every nalure on said pro-
perty: to permit, commit or suj(er no waste, impairment o~ deteriowtion o/ snid land or the improvemenls
thereon at any time; to keep f{~e 6uildings now or F~eren~fer on said land jully insurecl in a sum oj not less
~han full insurable value.
in a company o~ companies accepta6le !o Ihe mortgagee, the policy o? poltcies to 6e {~eld~ 6y, and ~ya6le
to, said mortgagee, and in the event any sum oJ money 6ecomes paya6le 6y ~~irlue oJ such insurance Ihe
mortgagee Shall ha~~e the rigl~i to receive and apply tl~e same to i{~e inclebfeclness hereby secured, aecounting
fo f~e mortgagor (or any su?p~us: to pny a~~ cosfs, charges, anc~ expenses, inc~uc~ing ~awyer~s jees and til~e
searches, reasona6ly incurred or pnid by tl~e morlgagee 6ecause oj !he /ailure oj tl~e mortgngor to promptly
nncr ju~~y comply with the ag~eemenfs, sfipu~afions, condilions and covenanfs of sui~ nole anc~ ttiis mortgage,
or eilf~er: to perJorm, comply with and a6ide 6y each and euery fhe agreements, stipulations, condifions and
covennnfs set ~orf~ in said note anc~ t~is morlgage or eilher. ~n fhe evenf t~e morfgagor Jaiu fo pay when
due any tax, assessment, insura~ce premium or other sum oj money Payo6le 6y virtue oj said note and ihis
morfgage, or eit~er, fhe mortgngee may pay Ihe same, wifhouf u~ai~~ing or a~jecting t{~e oplion fo jorec~ose
or nny oll~er right {~ereunde?, and aII suc{~ payments s6nll 6ear interesf ~rom clate ll~eneo) at t{~e 6ighesl ~au•-
f ul rate then allou~ed 6y tl?e iau~s~ oJ the Stole of Florida.
~l any sum of money {~erein re~erre~I lo E~e not pro:nptly paic~ w~~{,~~ fifteen (15) days next a~ter
i Ihe same becomes duP, or ij c~ac~ and ev~•ry t1~e agreemenls, sfipu~alions, ronclitions untl covenants of saic~
~ note nncl this mortgage, or either, are not ~u~~y perJormee~, compliecl wit{~ and a6~ded by, tl~en the enfire
sum mentioned in said note, and this mortgage, or the entire 6a~ance unpaid t{~ereon, s1~all fori{uuitF~ or
~ ttiereaJter, at the opiion o( t~e mo~tgagee, hecome and be due and paynb[e, anyt~ing in sai[r nofe or ~erein
~ to !{~e contrary notwilhslanc~ing_ Fai~ure by the morfgagee to exercise any of the rig~is or opfions herein
i provic~ec~ s~n~~ nof conslitule a u~aii~er o( any rifltifs or options un~er saic~ note or t{~is mortgage accruec~ or
' therea~fer accruinfl.
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' ~ ~r ~ (coR , ArF ~~~~s the mortgac~or has causec~ t~ese presenfs to
- ~E~; 6p executed in its name, and ils corporate sea~ to be hereunto a~~ixed, by its
proper o((icers tE~ereunlo ~uly aeifhorizecl, f{tp day and yenr jirst ahoue u~riften.
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ATTEST:•'=-'~-------------------------.------.-.------.-------.._-.----. . BEACH CLUB COLONY OF STUART I C
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~~Q Of FLORIDA
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~ I~ 1 HE:R/.BY CF:RTit=1~ ~6a1 on 16~s ~{~y. ~r~orr m~. on o~(irrr .~ulq aullwr.rr.~ in tlv tl~fr an.~ ~~ounty u~wrsaid Io lalrr ur4nou~~q.
~ ~Mn~=. v~?~~~ ~oa~~ George Apostolopoulos
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< ` uw~~ ~rnou•~ fo mr t~~ 1.? I~r {~rrs~~rnl ~XXXXXJ~CXXXXX}L7CXXXXXX}C2FX'~J~X o~ ttir cw~wrufinn nanv~~ as
F i; nwrlqagor in Itir ~ivegninq instn~rr~nl. ana~ ttiuf ~tit~~oc4n.iu~n~qn~ PlWU1t/1Q I~P ame, in Ih~ prrsrr.cv ~ luo su6srn~.ing utitnr.srs. I
~ IfpP1V (llla~ fY~W1~~Y itM~•f pU~E~U/~~Y I~II~\' f~e'a(t~I in j{~]~rY 3Wt' fM(xNU~IOn ~LN~ ~~U~ NOI f~~~i~~ ~f1~/1r~0 lf ~1if ~f11r fOI(~OfO~f SYOI (ry i
'r, c~Ul~ CtY~~tYU~IOII. ~
ta,~ a?~,a;.~ ~h;, 8th ao ~
~vrr~r__~~ m~ .~d ~rl~n~ xd ca.,~rY ~.t > ~l I~iarch, I
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' ~ ` _ MY C~ ~t~ fREO ~ S
SOiEAEL~lOi~I 1973
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