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HomeMy WebLinkAbout0118 . ~ and shall perjorm, comply wtth and a6ide 6y each and every t1?e ogreeme~ta, sltpulations, condilions nnd conena~ts Ihereoj, a~d oj li~is mort9age, fhe~ fl~is rno?tga9e and il~e estate here6y creaRed, ahall cease, de- termine and be null nnd troid. Ii1Na fhe mortgagor ha.~by further rnvenanls and agrees to pay promptly when duo !~e p~incipal ared inte?+est and otl?er sums o~ money prouided (or in satd nole and thls mortgage, ar etfieer: to pay all and singu~a~ lf~e taxes, assessments, Ip9lPS, ~tabi~ifies, ob~igatioru, anrl encuinbrnnces o~ euery nature on aaid pro- " perly; to permlt, cummit or su~fer no wasfe, impain»ent or deteriomtion of aaic~ ~and o~ the improvements tleer+eon nt any time; to Iresp the buildings now or hereaJter on ~a~d b~d Jully insured in a sum o( not less eban highest insurabZe value. in a eompany or companies acceptable to tl~e mo~tgagee, the po~tcx o~ po~icies l0 6e held by, and payable fo, said mo?tgagee, anc~ in !/~e euent any ~um o~ money bc~comea ~xiya6l~ 6y virlue o( suc~ insurance the mortgngee shall have the right to receive and apply the same to tF?e inde6tedness I~ere6y secured, uccounting to t~e mortgagor jor anq surp~us; lo pay a~~ costs, cf~ur+ges, and expenses, inc~uc~ing ~nwyer's ~ees anc~ title sea?ckes, reasonab~y incurred or paid by the moHgagee because o~ fl~e (ailure of the mortgagor to prompt~y ~ aru~ fully ~omPly with the agreemenls, sfipu~ations, conc~itions nnd an~enants o/ said note nnd tl~is rnortgage. or either; to per~orm, comply with ancl abide by each and every !/~e agreeinents, stipulations, condilions anc~ covenants set jorth in said note and this neortgage or eit{~er. In the event the mortgagor /ails to pay when due any fax. asst?ssntenf, insiuQnce premium or othe~ sum of money paynble by virtue of said no~s ~d ~h~ mo~fgape, or eilher, the morfgngee may pay i{~e same, without waiving or aJfecfing t~e option to ~oreclose or any other rigl~t hereunder, and all such pnyments shall 6ear tnterest /rom dafe thereof af fl~e I~ighest Iaw- ~ul rote then allowed 6y the Iau~s o( tF~e Sfafe of Florida. i ~l any sum o) money herein re(erred to be not promptly pnid u~if~in thirty days next nfter ~ the same 6ecomes due, or iJ ench and ei~ery t6e agreements, stipulations, eondilions and couenants of snid ~ note nnd this mortgage, or eit/~er, are not Jully perjormed, c~omplied wit6 nnd a6~ded 6y, tl~en tl~e entire ~ sum r~untioned in said note, and this mortgage, or th e eatir+e 6alance unpaid thenan, s1~uII (orthwith or thereajter, at the opfion of t1~e morlgagee, become and be due nrid pnya6le, nnytl~ing in said note or herein to t~e contrary notwilhsfanding. Foilure 6y tl~e mortgage¢ to exencise any of the rigbts or opfiona herein provided sha~~ not consfifute a u~aiver o~ any rights or options unc~er saic~ nole or this mortgage ac~xued or tl~eren(!er occ?uing. ~ . A~rp~° ~n ~itness ~h~reof ..,,~~"x,.;:. ~ t~e saic~ mortgagor has hereunto signecl anc~ sealeel ~ y_R~; dny and yea~ /irst aboue u~riiten. AQUA R1~B LLA ~ NC ~ F ''~O`' - gy; - ' ' =t~ tio~i._ : Signed, sealed und delivered in the presence oJ: H. DU en . . . 1~ est • _ . _ - - - j • - - . . -RD --TERGTILLI ~ • ~ e ` ; - - - - - - - - - ( i es es to ration) QUA ELLA ASSOCIATES, _ . ...---lorid----~partnership------------------~------- ~ - - . - - - (W' nes es to Fart s ip) . COPES rtner) f D I . 7j~,t~" RICHARD E. BREADEN (Partn r~) , EN . DURN UG Paii ~ STATE ~F FLORIDA, , ~ , 12j H. TE ILLIGE. ~ COUNTY OF J . TIBBE S $R - • - } (FdrtII6l') i HEREBY CERTIFY chat oa t6ix•~~ • , . of(icer duly authorized in the Sute atorcsaid and in the County aforesaid to takc acknowledgment%~ ap~ . ; S ~ ° _ ~ : KENNETH H. DURNBAUGH, President, and RICHARD H. TERWIi~~, S~'~'~~~ty of AQUA RABELLA, INC. a Florida corporation, '-y~'~~ - to me known to be the penon S descr~ed in and who ezecuted the [ortgoing ~nstrument and t acE~g~~%. ' before me that they ~ t{ ' ~ i esecuted the sa:ne. ' _J. ~ ~ . ~6~, ; ~ ~ . . ' ~ , r - WITNESS my hand anc) official sr~l in thc County and Statc last aforcsaid this ~ ( • ~ July A. D. 19 7 Z ~ ~ ~.o~-~ox~~~°G~~'-'-~'~---.----- STATE OF FLORIDA ) ` OMMISSION EXPIRES DECEMBE! e, ~q~? COUNTY OF BROWARD ) TMROUaH ~ w DIESiEUiORS7 I HEREBY CERTIFY that on this day, before ~e, n officer duly authorized in the State aforesaid and in the C s'f*~2:- j ~ aforesaid to take acknowledgments, personally appeared ROB~$~` S, KENNETH H.DURNHAUGH, RIC~IARD H. TERWILLIGER, RICNARD E. BREJiDE~~ PHILIP J. TIBBETTS, SR. , partners in AQUA RABELLA ASSOC a':, Florida partnership, to me known to be the persons desar~~~ in;:,~3~tt who executed the foregoing instrument and they acknow2ed~e~-be~o.~ me that they executed the same . '-''f = " ; , „ _ : ; WITNESS my hand and official seal t~~ ~t~~ i and State last aforesaid this lst day o uly, 1972. ' ' U Q ~,jt.. ' ~ G~ BOOK ~04 PA~ SUG SiATE QF FLORt11A AT LAR6E ~V y MY COMMISSION EXYIRES DECEMBER 0, i972 ! BONDED THROUGH FRED W. DtESitle,.,r?Sr ' a__ ~a . _ " = ~ . , : „ , .