HomeMy WebLinkAbout2455 I and sl~ul~ per~orm. rnmply u~ith and abidc 6y Pach an~ everv Ihe a4~•cpmenfs. ltipulafions, CO?i(IIIIO~IS and ;
covenanls thereof, ane~ o~ Ihis mo?tgape, 1{~en Ihis ??iorlgage a?~.~ I~~e estule ~~Pr~~~y rreale~, s~io~~ ceasP. ~le- ~ ~
tprmine an~ he nu~~ anc~ voic~.
. ` ~ the morigago~ he?e6y jurf~er covena~~ls an~ agrees fo pay prompl~y w~en c~ue t~e principa~ ana '
I interest a?id olher sums oj money prouided for tn s4id nole and fhis mortgage, o~ either: fo puy nll and
singu~ar f~~e toxes, assessmenfs. ~evies, ~iabi~ities, o~~~igafions, and encumbrances ol euery nafure on saitl pro-
pe?fy: to permil, commif or suf~er ?io waste, impairment o~ c~ete~ioration of sai~I {an~I or thp improvem~nts
the?eon at any time; to keep Ihe 6uildings nou~ o~ herea~fe~ on said lund Jully insured in a s~im o/ not less
than maximum insurable value
in a company o~ companies accepfab~e fo f/ie mo?tgagee, f~~e po~icy or po~icies to ~e I~Pld 6y, ancl poya6le
lo, sai~ morlga~ee, and in Ihe euent any sum o~ money ~ecumes payatile hy viriue o~ such insurance t~e
~ mortgagee shaR hn~~e the right to receive and apply the same to 1/~e inde6tedness here6y secured, accouniing ~
lo fhe mortgagor ~or any surpliu: fo pny a~~ cosfs. Chal~l~PS, ane~ expenses, inclucling ~awypr
s~ees anc~ lil~e ~
! searrhes, reasoreably incurre~I or paid by ihF mwl~ageR 6ecaiue o~ the f
ai~ure o~ the mortgago~ to promptly
~ anc~ ~u~~y comp~y u~ilh fl~e agreements, sfipulafions, conditions an~ covenants oj sai~ nofe and fhis mortgage,
~f or eii{~er, !o perform, comp~y u~ilh an~ n~ic~e by each ancl i~very fhc~ agr~ements, sfipu~afions, cone~itions anc~
~ covenanfs set ~ort{~ in saic~ nof~ anc~ this morfgarye or either. ~n Itie P!'Pfl~ Illp mortflapor ~ai~s fo pay when
~ ~ue nny fax, assessmenf, insurance premium or ot~er sum oj mon~y payab~e ~~y uirlue oj sai~ nofe anc~ ftiis
morl~age. or eiff~er, 1~~e mortga~Pe mny pay Ihe sam~, wilf~ouf u~aiving or a~Jecting t{~e oplion fo ~orec~ose
i~ or any otl~er righf {~ereunder, ant~ aII such payments shall bear interest from ~1ate thereoJ at the I~ighest lau~-
~ Ju! rate tlie?i allou~cKl by t{~e laws oJ Ih~ State oJ Flo?ida. :
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~ any sum o~ money {~erein refer~p~ lo ~ip noi pm:nplly paicl u~ifhin thirty c~ays next nlter
,
(i tl~e same bc~comes du~. or i~ ~acl~ ancl eoery t~e a~rp~•menls, slipulalions, candilions and covenants o~ said
note anc~ this morfgnge, or eiffie~, ar~ noi )u~~y ~r~ormed, complied u~itli and n6~d~1 6y. l~~en tlte pntire
! sum mention~d in said note, and tl~is mo~fc~age, or ll~e entire 6alance unpaid ihereon, s1~all ~ortluuith or
i; i~iereajler, at f~~e option o~ t~ip morlc~ag~e. E>ecome nnd be clue and paya6le, anyt{~ing in saic~ note or herein
fo fhe confrary nofu~ifl~slan~ing. f'~i~ur~ ~~y Itie mortgagee !o exercise any o~ I~e rig~fs or options ~erein
I~ proviclecl sha~~ nol consiitufe a waiver o~ nny ric~h~s o~ oplions un~er saic~ note or lhis morfgage accrupd or
t~ereajter accniinc~.
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,•~'2~~ ~ in ~~Ln~~ t~~~ morlgac~or {~as causet~ f{iese presents to i
a.~L~I~~ATF_ ~P ~,xecufec~ in its name, anc~ ifs corporate sea~ !0 6e tiereunto nf
f ixed, ~y its ~
~ proprr o~~icers thpreunto c~u~y aid~iorizec~, fhe cray an~ year ~irst atione u~riften. ~
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~ A~ ~ = - - - - --~14~iTH...~![AL.. GROVES_,__..INC..---~----~-----------
( $igjlec~, seajed an~ li~~ere~ in fhe presenc~ o~c ~ ~
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' ` Prrsi~nt ~ ~
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' Of FLORIDA '
` ,.;:~i~. `~;''~2,~r: :
~g 0` ST. LUCIE !Y'p s ~ ~~!~i - + ,
€ 1 HFRERY CFRT?F)' tho~ on ~his day. Ix(orr on o~~icrr ddy owl~oriud in tl~e Gat~ and Co~r~ty 'r~2w~id la 1a ~.{~•~j.
~ ~ ~n~s. v.+~w1~r ~n~~ ' :~r~"~~~~
~ ' CIiARLES M. CAMPBELL and BEYtNARD A. $GA~T
~ u~ell 4nou~n fo me lo de I~t Prrs~en! and nspe~tit~err oi` 1/~s oo?p`~errtiq4'_nowrJ ~s .
~ SeCretary
~ mortgogor in ttit ~oreyoing instnimrnf. ond I~wf ftier xvera~~y ac4nou~edged ts~cWing ltie .anr. in f~v p~esrru~t o{ hw ~yda[sl~ ~vilAt~ln.
~
~ (.nlr a,d edw~m.:lr uruler aull~ori~y duly c~rsted in Il~em by said capurofion and tl~af !6e xal o~t,:Pd d~Ra is ll~e bue cwyor~t;sr~ oj
n soid cornorafion.
: W!I't11ESS my lwnd ard o~(irial sral in tl~e Carnty and Sta~r las! u~onrwid ll~is OZ Q~ daY o/ ,c.vn.(~'
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~ A. D. 1972• ( , I
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~ ,~~`'<<"'•--•---...--•••-•••--••--
~ Notary Public, State of Florida
~ at Large
~ My Co~nission Expires : 7~
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~ ri,u r,w,~,~„~ ~~,~a by:
~ Addras i n,~ instr~ment was prepared by
~ Richard V. Neill,124-A No. 2nd St
~
Fort Pierce, fia.
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