HomeMy WebLinkAbout0480 and shall perjorm, comply wilh and a6~de 6y each and euery fl~e ng?eements, stipulations, rnnditeons artd ~
covenanis thereoJ, nnd o( this morlgage, then tT~is mortgnge and 11~e estnte here6y c?eated, s1~aU cease, de- .
terntine and 6e null and void. {
' 's
~ the mortgngor hereby jurtl~er covenants and ngrees to pay promptlq when due the princrpal and ~
i~terest and other sums of money provided /or tn said note and this mortgage, or either: to pny al~ and ~
singular the taxes, assessmpnts, jevies, ~iabililies, obligations, and encum6rnnces o~ every nalure on saic~ pro-
perty; fo permit, rnmmif or suf
fer no wcute. impairmeret or deleriorotion o~ snid jand or t{~e improvemenfa
thereon at any time: to keep fhe bueldir~gs Rotv or herec~~ter on said land (ully insured in a sum oj not less
than NONE .
in a company or companies accepla6le to tl?e mortgogee, the policy or policies to 6e heid by, and paya6le
fo, saic~ morlgagee. anc~~ n Ihe evenl any sum o( money becomes payab~e 6y uirtue of suc~ insurance the
morlgagee shnll have t{~e right to ~eceive and apply the same to the inde6tedness F~ere6y secured, accounting
lo f~e mortgagor ~or nny surplus: to pay a~~ costs, c%a?ges, ancl expenses, including ~nwyer~s ~ees ancl tille
senrches, reasona6ly incurred or paid 6y the ?nortgagee because o/ the jnilure o~ tl~e mor~gagor to pror+~tptly
anc, fulty comply wit~ t~e ag?eemenfs, stipulalions, conc~itions ancl covenants oj said note nnd tfeia mor~gage.
o~ eit{~er; to perform, comply with and abide by each and euery tl~e agreements, sJipulations, condilions and
covenants set (ortf~ in said note and this mortgage or eittier. ln the enent tF~e mortgngor )ails to pay when
clue any tnx, assessmenf, insurance preirtiuin or ofher sum o~ money paya6~e 6y uirtue of sai~ note and this
morlgage. or eit{eer, t~e rreorfgagee may ~y the same, withbut waiuing or nf
~ecting the optQon to ~orec~ose
os ~ny ofher right f~ereunder, and all such pnyments shnll benr interest jrom date thereoJ at t6e tiigl~est lnw-
~u~ rate ihen nllowed 6y the ~aws o( tF~e State of Florida.
~l any sum oj moreey f~erein rejerred to 6e not pro:nplly paid witl?in thirty days next a(ter
t~e sarree becomes due, or i~ ench nnd every the agreements, stipu~alions, conclilions nnd couennnts o~ snic~
note and this mortgage, or either, are not Jully per/ormed, complied with and abided by, tT~an tl~e entire
sum mentioned in soid note, and ttiis mortgage. or !he enfi~e 6alanre unpaid lhereon, shal[ jortT?with or
tf~ereajter, at ihe option o/ the mortgagee. 6ecome and 6e due and paya6le, unything in said note or herein
to t~e contrnry notwithstnnding. Failure 6y the rnorlgugee to exercise any of the rights o~ oplions herein
provided sl~a~~ nof conslitute a wuiver o~ nny righls or oplions under snid note or this mortgage accrued or
thereaf ter nccruing.
~
~
~
. . ~
A
~l. :t '~s;.. i
. ~ ! . • C~~,~ ~ Jr ! .
. . ~ ~ - ~tn L-,. `
` ~ . ~ ~ ~ ~ Q .RATF_ ~n ~~N'~S ~IICreOI the mortgagor ~ias caused t{~ese presen[s to
. N
- ~~L) 6e executec~ in i~s nnme, and its corporate sen~ [o be hereunto a(~ixed, by ~ts ~
;
t.;:. ~;ti. proper o(Jicers tf~ereunto du[y uuthorized, the day and year (irst aboue wrieteR.
,Y • . . `
~ . _ .
' ..''1 ti1 ~ . ' ' ~
~ •
~...r~7'1'~ST:..4?._~~:-~n__/~ '._L~_- ---W'----K•.._COXE---REALTY,_._INC.-•-------------~------- .
Do r i s H. Co~ s~~ary
Signed, sealed and deliuerec~ in ifie resence o(:
B ~
: -
C ~ ' - - -
- .
' ' K . Co e
i Presidrnt
.
. / • `
, ~
- ~
FLORIDA ;
~Q~ ST. LUCIE
i NEREBY CERTIFY t/w~ on ~bis dnr. 6v/ore rnr. an o/Jirer dufr aat?wriud in tl~e S1ate nnd Coun~r aJonsoid ~0 1aLe ocbwur~edg-
menu. pe.so.wlly oppeared ~
W. K. COXE and DORIS H. COXE,
wall lmourn to me fo be ~lu Prrsid~nt a~d Seeretary rr~pecliorly o~ lhe corpwb~~on ~wrned as ~
z
mortgagor in l~t ~onpang instrumenl. und t~w! l~er sroero~~y acknou~edged t:eculing I~e same, !n I~t prcsente o~ !wo sudscribing wilnesses.
~reely ond iwlun~mily umler aulhority duly vtsted in ~lKw? by soid mrporation and t6at tl~e xal of(ized tl~erolo is tl~e uve corporde ssul o( 3
~d ro.~.~e~. ~ ~1\ ;
Wrl'NESS my ho.~d ~,d oJ~~t ,~t du C~ey ~d S~~~ inu ~~~d ~6~: doy o/ OctOber, ~
n. D. ~9 7 2..
f~g AND RECORp~9 - ' `
lT.~l~WE COUMT1f fl.~ `
ROCER PO~tRAS ~ ~ ~j~-
c g~ s--~.~
CtERK CIRCUtT COIIlt
RELOitO VER;ftEO ;ti-::_•:-=-•-------=-~-----•-••----~---~--
~
~ Nota~vp~ib~iie - ~.S,t3te ,a d~ounty
~ ~ ~ 2 aZ PM !~Z A fore~id :
' : . ` = ;
My ~ial~ois~:icfn : ~~p~3es : ~ ~ ~ ~C,, ~
. ~ ~ + ; ' ~ ~ y i;
239~9~ . ; f'
.
. . ~ ~ t
SDu~(~~ ~'11f~ • . „ j
_