HomeMy WebLinkAbout1197 cnd shall pe?jorm, comply with and nb~d. 6y each and euery tl~e agreements, stipulalions, conditions and
~ covenanls IhereoJ, nnd oJ tl~is mwtgape, then thia mortgnge and the estote he?e6y c?ented, shnll ceasv. de-
lermine and be null and uoid.
~ 11~e mortgago~ here6y /urther rnvenn~ts and agnes !o pay promplly wl~en dus t1~e principal and
interest nnd olher sa?ns of money provided /or in said note and lhis mortgnge, or either: to pay all and
singular the tnxea, assessmenta, levies, liabilities, o6ligntions, ancl encum6rances o) every nafure on said pro-
perfy; to permil, commif or su~ler no wasle, impatrment or c~eterior~nlion o~ said ~and or !~e improvemenfs
Ihe?eon at nny time; !o keep !he build~ngs now or hereu/fer on said land (ully inswed in a sum o~ not less
~hnn hiqhest insurable value-------------------------------------
in a compony or companies acceptab~e to !he mortgagee, fhe po~icy or po~icies lo be held 6y, and paynb~e
to, sai~I moafgagee, nnd in ~he event nny sum o~ money 6ecomes Poya6l~ 6y uirlue o~ such insurance the
mortgagee stia~~-•tiave the ~ig~! to receive anc~ apply ll~e snme to !?~e indebtedness hare6y secured, accounting
to f{~e mortgagor jor any surp~ua: to pay all costs, c%a?ges, nnd expenaes, inc~uding ~awyer~a ~ees ancl tit~e
senrches, reasonably incurred or ~~d 6y ii~e mortgagee 6ecnuse of the jnilure o/ the mortgagor to promptly
and jully comply witl~ t1~e agreements, slipu~ations, conditions and covenanls of said nole and t6is ~norfgage.
or eitl~er; to perJorm, comply u~ifh and a6ide by ench and every f{~e agreements, atipulalions, rnndilions and
c~ovenants set Jorth in said note and tl?is morlgage or ei~her. ln ~he euent tl?e mortgngor /atla to puy when
due any tax, assessment, insurance premium or other sunt oJ money paya6le by vi~~ue of sai~ note nnd t~ia
mortgage, or eif~er, the mortgagee may pay the same, wifhout waiuing or af~ecling f~e option to ~orec~ose
or any other rigl~t I~ereuncrer, and all sucl~ paymenls shalf 6enr interes! jrom clate thereo) nt tlte higl~es! law-
Jul r~ote Ihen nllowed 6y the laws o/ the Stnte oJ Florida.
~L any sum o( money herein reJerred to be not pro:nptly paid within Thirty days next af
te~
the same 6ecomes due, or i( eac6 an~ every Ihe agreements, stipulalions, conditions nnd couenants oj snid
~ note and this mortgage, or either, are not (ully perjormed, complied wilh and ab~d~d by, then the entire
sum mentioned in said note, and this morlgage, or the entire 6alnnce unpnid thereon, shnll /ortluyith or
thereaJler, at t6e option o/ ~?~e moilgagee. 6ecome and 6e due nnd paya6le, anything in said note or' 6erein
to t~e contrnry notu~ithstanding. Failure 6y the mor~gagee to exercise any o/ the rights or options l~erein
provic~ec~ s~all nof consfitute a waiver o~ any rights or options untler said note or Ihis mortgage accrued or
therea f !er accruing_
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I (COR1'OR:1TF_ ~n ~~tness ~~e~l the morfgagor hos caused t~ese presents to
!f~ ~F.AL) ~~e executed in its name, and its corporate seal to be {~ereunto a~~ixed, by <<s
I~ proper o/Jicers thereunto c~uly authorized, thp day nnd year Jirst nbove written.
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$ecr~tary
' Si nc~, senled ancl cl i~erec~ in Il~e CHANDLER EQUIP NT C. INC.
; g presence o~:
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F{lED ~N~ ~E~~~OEO
~ ST. Lu~tC CUU++fY FLA.
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NGCEF r JITRA
~ q~G~;1T COURT ~
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- ` ~~~Q 0~ FLORIDA ~ ~3 IZ 59 PM ~7Z
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~ 4~UI1tIJ Of ST. LUCIE 2~408
f 1 HERF.BY CERTIFI' 16a~ on ~6i~ Jap. br/orr nr, un oJ/icer dulr ow?wrerrd in tl~e S~de and Count
_ 7~orrmid lo ta4e oclvwudedY-
~ i' rrrnts. pt?sorwlly appearea~ E. E. CHANDLER and PAULINE E. CHANDLER
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' u~.~i ~~~LL„ ~a ~ ~o t~ ~tie Yrp,;dp~~ o„a Secretary-Treasurern~~«t,, ~ „o,,,.a ~
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mwlgogor in Itie ~orrgoin9 inslrumenl. a+u~ t~ol Iti~y sr~rro~~y oc4nouaee~ged rxeculing Itie samt, in Itie pnxnce o~ Iwo w6sai6ing uritnesses.
t ~rrrlv and t~unlmil~ un.~r nu~tiorily du~y ~~es1eJ in Il~em ~y said cwporulion and Itiat ttie sw~ o~~iued I~en1o is t~e tsue corporWe stol o~
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~vRi`ftti mr horw~ and o~~icia~ xai in ttie Counly and Stafe jnsf o~onwi~ Itiit 13th ~r Mareh
`z I~ A. D. ~9
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„ ,POBLIC, State of Florida
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