HomeMy WebLinkAbout0811 and ~hall pw(orm, comp~y u?Ilti anc~ abide ~y eac~? and euery Iti• ngre~menb, sfJpu~aNons, c~ondtltoni art~
rnvena~Is thereoj, nnd o( Ihis mortgags, then ll~tt morlgape ~~d ~h~ estote h~by createcl, shnll ceass, de-
termt~s and bo null and votd. •
~ fhe na?lgagor tiere6y /urt?~er rnvenanta and agewi to pay promptly whe~ due the prtnNpnl nnd
i~teresf and other auma oj money provtded jor in sald nots and thli mortgupe, or etther: to pay cl! nnd
singu~ar the fnxes. assessmenfs. ~euies, ~Ia6i~ifies, ob~igationa. and e~cumbrances of euery nalure on aaic~ pro-
perty; to permit. commif o~ sul~er no waste. Impatrment o~ detertoralton o~ aatd ~und o~ I~e improvementa
thereon at any ftme; fo Iteep t1~e bull.lin9s now or herea~fer on satd ~and ~u~~y Insured in a sum o! ~ot tesa
than ~/O NG
in a company o~ companies accepta6le to the mortgagee, the poltcy or policies to 6e held by, and ~xi~61~
to, said mortgagee, and in the euent any sum oJ ?noney 6ecomes ~yabt~ 6y virtue oj such inaurance !he
mo?tgngee sl~all have the rigl~t to ~~~e aRd ~pply ehe s~e eo the ~nde6eedn~ he.~by s~w~d, aocounting
to t?~e mortgngor Jo~ any surplus; eo ~y al[ ~o,~s, chargea, a~d expensea, including lawyer's /eea and title
searches. .+eosona6iy ~n~w.~d o~ ~~d 6y ehe mo.eeagee becnuse o/ the jalure of tbe mortgagor to promptly
anc~ ~ully oomply wilF~ tl~e agreemenfs, slipulations, c~ond~tions and couenants o~ sa[c~ note and this mortgage,
or eifher; to perJorm, c~omply witl~ and obide by ench nnd every the ag?eements. stipu~atio~w, conditiona and
couenants set /orth in said note and t6is mortgage o~ eifher. In t{~e euent the mortgago~ ja~ls to pny when
due uny tax, assessment, insurance p?emium or other sum o/ money paya6le by virtue oJ snid note and this
mortgagQ, o~ either. the mortgagee may nay the same, without u~aiving or n((ecting the option to ~orecjose
or any ot6er right hereunder, and all such payments shall 6ear interest jrom date thereof at the higl~est 1nw-
jul ~+ate tl~en allowed 6y the lau~s o) the State o/ Fiorida.
~l any sum oj money herein rejerred to be not promptly paid wifhin thirty days next a~te~
the same becomes due, or ij each and every the ngreements, stipulations, c~onditions and covenanta oj said
note ancj t~is mortgage, or either. are not fu~~y performec~. eomp~iecl wil~ anc~ aS~d~ by. ~iten t~ie entire
sum mentioned in said note, and this mortgage, or fl~e entire ixilance unpaid thereon, shall Jortlw~ith or
thereaJler, at the option o~ the mortgagee. 6ecome and be due and payable, nnyt~ing in snid note or ~er~ein
to t~e contrary? notwit~standing. Fai~ure by the mortgagee to exer+cise any of !he rights or options herein
provie~ecl shal~ not constitute a waiuer of any rights or options unde~ said nole or this morlgage accrued or
thereajter accruing.
.tn~~ ~p~f
(CORPORATE ~n t{~e mortgagor ~as caused thes{e~ ,pre{s~enfs. to
c~er? ..n..1...~ i »n~nn ~.l i~~ ~ns.~w.../.. ~s..~ /n j.a ~.ebt~1~IA ~tliY'd/~~~.3/e.
~
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ro er ot ccers thereunto dul nuthorized, tF~e da and ~Yt,3-___ ~
P P lI ~ Y 3' Y~ lK~~;{~•M?1.~~l~''r~'
- ~et,y -
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~ ATTEST---------------------•--------------------------------------._......-----• NORTH~TRAIL _GOLF .C~ ~;~I~C:. ~s
j ' h •
! ~ r s e~~ ~~n ~ ~
i ~ ~ ~c~ • v ~ J ~ : Z. :I
, .
Sign sea and deG in ihe resence o/: I ~ i - 7~:
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1i1-C~ Y-• ' y...,_ ' ~ .e~
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FLORIDA,
O` ST. LUCIE.
w~u~ ~
i HEREBY CERTIFY 11~m on tlda do~. 6eJon ~ne. an oJJi«r dul~ aw?wrired tn the Sto1e a~d Co~uWr a/onsotd to talx oclerw~rledp-
~~s. a,~o~~[Ir ~nv~d , -
ARTHUR M. YOUNG
we~I bwa~n to me to bs. t1~t Pnaident ord ~j~~~~ ^rtped~orl7 0~ Ihe oorpo?alion nomed a
morfgagor in I~e forr~oinD iiWru~nenl. ard l~ot 1/~ey iroeroQy ac~n~ou+redped executing l/~e ~o~ne. in l~e peaer~oe o~ tmo w~Smi6inH u~itne+iri.
~nt~y and vo~unluri~r usder oul~arifr ~r oesled in ltinn ~ mid rnrpavtion as~ ttiat l~e sea~ o~Jiced t~neb is t~s true oorpadt iea~ oj
wid oorpwoNart.
wrrlvESS ew~ tw~d o~d oJ/~otd ,sot t~ el~. e«+ne, a.d sror~ taa aJ«rao+d dd. ~ dar o/ Apr i 1
A. D. 19 7 2..
•;''~c~.'•~~~• '••~Jr~~'4i f LEOAM RE OR :7` • - . ~ •
~G r •t~ •
- '-~s i WC~E ~ou~Ttt : N9 ry Pub1 i c
ROCER POITRAS ~
• i _-v~-. =YQ CtfRK CIRCtliT COURT 4\ ~~ry p~. S~{~ o} ~
= ~ ; ~ . n : : RE60RD YERtF1E0 ~.~,i. Ex '
~ 1~ M1? paes A~q. 4, 1974
_
' l~ J • A~• t~ V i~ ~N~'~~ ~0~d~d bf AsMicw Fn 8~+ss~Y? Co.
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