HomeMy WebLinkAbout0374 an~l shall p~~r(orm. ~~mply u~i~1~ and abi~le I,y ~ach and er~ry fhe anrerme~~ls. stipulalion's. conditions unJ
('lll'1'/III/1~S 1~1('/l'U'. (Ifl/~ Aj ~~115 R10/~/~Q{~P. ~~PII ~~IS morfqage Q/1l~ ~IIP P3~Q~P hP~POy CMQ~~. S~Q~~ CP0.t8, ~@-
Irrmin~ an~~ ~,r nu~~ an~~ ~~oi~~.
nn~ f~~r murl~~a~~or ~i~~m~~y Jur11~~r coi~~~nnnls anc~ a~~rees ~o paY promptly ~uhen ~~ue f~~e principa~ and
int~rnsl nm~ ofl~~r cums u( n~un~~~ pm~~i~~~a~ (or in sai~1 nofe an~ fhis morlgape, or eifher, to pay a~~ nnd !
ci?i~u~ar I~~p fax~s. ass~ssmruls. ~~rirs. ~iu~,i~ifi~~s. of~~i~~alions. an~I ~ncuml~ranc•es o~ enery nafure o~ snid pro- !
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pe?Iv: lo ?u~rmil. i•ommil ur su(j~~r no u~c~st~•. impairm~nl or cl~f~rioration oj sai~ ~an~ or Itie improvemenls t
I~u•rn~~n nl n~iy lirn~~: lo ~r~~~? I~u• ~~ui~~~ings nou~ or ~~~r~~alf~r on .aic~ ~an~~ Ju~~y insurn~I in a sum oj not ~ess ;
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in n i•ompnny or ~•omprtnirs arr~y~la~?~~ fo 1~u~ mortc~aqer. f~~~ po~icy or pu~icies lo ~~e hy. and paya6le i
fo, sai~I moA{~a.ryP~. a?uI in I~i~ ~~~~~nf nny sum oj mon~y hecomes~ payahle ~~y ~~irfue o( such insurance t{~e
morl~a~i~~ sl~al~ I~a~•~ tlu~ ri~~Gi lo ?Mrii~~ a?~d apply Il~e same fo thp inclebtedness I~ere6y securecl, accounting
to 1~~~ moric~a~or jor ~ny surp~u.: to pay a~~ i~osis. ~•~iar~es, antl expensps. incluclin~ ~awypr~s fees anc~ lit~e
c~~rcl~~x, rnasonn6ly in~~un~~~ ur paic~ ~~y f~ie morf~ng~e f~PCO115P o~ t~~e ~ai~ure o~ Ihe morfga~or !o prompl~y
ana (u~~y comp~y u~i1~~ I~~~ ayr~i•me~~ls, stipulations, contlifions an~ conenanfs o~ saic~ note an~ Ihis mortgage,
or ~ifl~pr: fo perjorm, ~-on~ply iril~i ane~ ahi~~i~ by ~arh nnd ei~ery f~~e agreemenfs, slipu~afions, conc~ifions antj
cuia~nanfc sef (orl~~ in cni~~ nof~ an~~ fhis morlga~e or Pifher. ~n fhc Fnenf the morfgagor fai~s fo poy w~en
c~u~ any tnx, nssessm~nl, insu?ane•e pr~mium or oth~r sum oj money payab~e bv ~~irlup o~ saic~ note ancl ttiis
morl~ngP. or ~if~~er, f~~~ ~norti~a~~~•~ may pay ftie snme, irilhout u~aivin~ or a~J~cting fhe opfion to ~orc~c~ose
or any other ric~l~t l~~rvurd~r, nn~l all such payments shall 6ear interpst Jrom date tF~ereof af 1{~e f~igl~pst Iau~-
~u~ rofe I~ien n~~oire~~ ~,y 1~~~ ~~~+~s o( 1~~~ ~tafP o~ t'~ori~~a.
D` any sum oJ mo~~~~v ~~~r~in re~~rr~cl lo tie not prompl~y paid within 3Q ~nys next n~ter
Ih~ sam~ bPCOm~s du~, or i( PAfII a~~d rnery Ih~ anreemPnfs. slipulalions. condilions ancl coi~enanfs o) saicl
note and tl~is morfc~~~µ~. or ~ill~er, ur~~ nol ~ully per~ormecl, compliecl u~ill~ and abided by, then ihe entirp
sum mentioned in saicl note~, ancl Il~is morl~~age, or tl~e entire 6nlance unpnid thereon, shall forthtuifl~ or
tf~ereafter, nt tl~c option o( Il~e morlgnn~~. h~~ome and bp due und paya6le. anythin~ in said note or I~erein
fo Ihe contrary noltaitlest~ncli?tg. Failur~ ftiP morfgac~ee fo ~xercise any o~ fhe righh or options herein
provi~~et~ s{~a~~ not conslih~f~ n trair~r o( any ri~~hfs or oplions wiaer sai~ note or Ihis mortgage accrue~ or
t~tPY('A~ler accruin~~-
~n ~itness ~hereof~ 1~~~~ c~i~~ morl,ryac~or ~~ns I~Pre~~nfo si~nprl and s~aled these presenfs Ihe
~~ay anc~ y~ar ~irsl af~ore u~rillen. FIRST BANK AND TRUST~ Trustee
Signed. sealed aml d~li~~~red iri fli~ prc~.i~nrP o/. , ~ ~'~l^~'4`/~~~~
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~ Michael Degni " ' : . _
st. ~cer•
~n Vice Presid ~ ~f
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STA7'E OF FLORIDA, ~
CnL~~TY oF palm Beach
I HEREBY CERTIFY that on this day, be(ore me, au
officer duly authorized in the State aforesaid and in th~ County aforesaid to tak~ acknowledqmenu, p~nonally appearcd
First Bank and Trust, Trustee, by Michael Degni, Vice Pres~dent and Trust i
Officer ~
to me known to be the prrson described in and who esecut~d the (urcgoinq instrum~nt and he acknowledged
lxfore me that hg rc~cuted the same: ~
~~'I"1~tiESS my hand and o(ficial seal in thc Gountq and Stat~• last aforesaid this rjth day o[ ~
Augugt A. D. 19 ~2
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~ F~~ ._i yjY F~A. ~~otary P~:b:ir, Sta:c of F::.:~~ tar;t
St. WC:~ .~l`"'14S h1y Cc*r.~':.t~oa t•~~.t^<_
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SEP 6 59 ~ '
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~ Th~c hu~rr~mtir~ re nrcrl h.
P P y~ ~~N~ ~,~m ~=W~1ter E. Davis
ArIlltr.~t AOBTRAGT Ec YtTI_E GORP. OR ~lA.
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