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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. ~ . __».y~ __'r_'_'_ - . 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 - . ~ 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~: B t ~ ~ ' + . ~~I.~.`~'~ _ 1i1-C~ Y-• ' y...,_ ' ~ .e~ -----------7---------------------------------------- . / - . .;'rr•,irlllAH~ ~ . - . . ~ . . .._G.I . . ~ ~ ~ ` 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. . ~ ~I^` uyy f,.~ . •••w..~ . . S . 22'?",~46 •~1.,,~,.,, 80~OK~V~ PJ16~ t7~~ ~ ~ s. , _ ~ - ~;.~r~ _~...w.__ ~ _