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HomeMy WebLinkAbout0504 • ~ 4 ar+d shall pe~jorm, comply u~ith and ab~d~ 6y each and eve?y Ihe agreements, slipulntions, conditions and r ~ couenants thereo/, nnd oj this morlgage, Ihen thia mo?tqage and fke estate heref~y created, shall cease, de- te?mine and 6e null and void. F~ . 1 Ii1NL Ihe mortgago~ I~ereby jurt~je~ covenants ane~ agrees !o pay pro?npt~y when due the principo~ an~ ; c~ interest and otl~er sums o) money provided Jo~ in said rtole and lhis mortgage, or either; to pay aII nnd ~ singular the tnxei, assessments, le~ies, lia6ilities, o6ligations, und encumbrances o( every na(ure on said pro- ' , j~ty: to permil, commit or su(jer no waste, impairment or deterioralion o/ saicl Iancl or 1he improverreents ~ ~Itereon at any time.: to keep lhe 6uildings now or heren~ler on said lnnd ~ully insured in a sum oJ not less ~ ~1i~n Forty Thousand Four Hundred Ninety-one Dollars ~ ; ~ ~ in a company or compa~ies acceptab[e ~o f~e rnorfgagee, t~e po~icy or po~icies to be hpld by, and pay46le ' --a (o, said mortgugee, and in the event any surre o/ money 6ecomes paya6le by virtue o~ such insu?ance ihe ~ mprtgagee shall I~ave the righ! to receive anc~ npply the same to ttie inc~e6teclness here6y secured, nccounting -s,c.' to the mortgagor ~or any surp~us; to pay nII costs, char{~es, and expenses, incluc~ing ~awyer~s jees and !il~e ~ - , senrches, reasonably incurred or paid 6y !he mortgn~ee ~ecause oj ttie Jailure oJ fhe mortgngor to prompfly ~ nnc~ Ju~~y comp~y witti the ag~eemenls, stipulalions, conditions anc~ coveriants oJ saic~ note ancl this mo~tgnge. or eitl~er; to perform, comply with and abide 6y each and every tf~e agreemenls, stipulations, conditions and ~ a covenanls set ~ort~ in saic~ note anc~ f~~is morfgage or eitfier. /n t~e e~~ent !~e morlgagor ~ails to pay when crue any fax, assessmenf, inswance premium or of{~er sum o~ money paya~le 6y virtue o J sait[ note anc~ l~is ; mortgag~, or eitl~er, the mortgagee may pay tlte same, withou! +uaiving or aOecting !he option !o )oreclose ~ or any o1he~ rifll~t bereuncler, and aIl such paymenls shall bear interes! J~om ~nte thereoJ nt t{~e higF~est law- q * (uI rate then allou~ed by tl~e lnws of the Slate oj Floridn. any sum oj money herein re(errec( to be not pro:npt~y paid within ten days nexf a~ter tF~e snme becomes due, or i~ each and every the agreements, stipulations, conditions nnd couenanls oj said note and this mortgage, or either, are not ~ully per~ormecl, complied witti and a6iclecl by. lhen the entire sum mentioned in saic~ note, and t?eis morl~a~e, or t1~e entire 6n~ance unpaic~ thereon, shal~ fortluvilh or therea/ter, ~t tf~e option o/ the mortgagee. 6ecome nnd be due ancl paya6le, nnyl{~ing in said note or herein to !{ee confrary notu~if{~slan~ing. Failure by the mortgagee to exercise any oj the rig~ts or oplions herein ~.oU~ded sha~~ not constitute a wainer oJ any rights or options under saicj note or t{~is mor[gage accruec~ or thereafter accruing. ~ \ . - ~ .r. . , ~•~TL/ . . ~ . , ~ - . ~ , ~ _ ~ c.~ - '_1 I _ ~ ~ . , ! : O ~ ~j~~~: ~n ~~tness ~hereof t~e mortgac~or has caused t{?ese presents to ~ y, y~ ;;~A~J ~~e executed in ils name, and its corpotate sea~ to be hereunto a~f ixea, by ils ~ % -!1'> proper of jicers tF~ereunto t~uly ciulliorizecl. ~I,p day aRd yea~ first above wrillen_ ' . { - N 01 ~ f - MILLARD CORPORATION ~~~~:,,~-i~,~'~'~~--~.-~-•~`~~\ igne~, sealecl ancl c~eliverec~ in f~~p presence o(: . ~ [~y. ---•;~~~..~~--~-:--.5.`:.~ - - ~ , - ~resi~enl ' - -~~'-~'e~i4e~---~/-~"----'-~-'----- ~~t1te Of FLORIDA ~p~(ji~ p~ ST. LUCIE 1 HERF(3Y CF:?2T11=Y ~6a~ on ~6~s d~y. 1..(«+r n„•. an o(~iR. ddy ou~6orizrd i~ ~6. S~ate ~nJ ('«u~ly a~o..sa~.1 ~o ~a6p M~noud~d9- FRANK M o RAYMOND , JR . 1 I t ~~rpsi~vnl ~ I I~Y'" ~lIOY71 ~O f~IP ~O fN ~fiP ~h~' 4~ ~~P f0/JX!/LL~1U11 l4tIi1P~ ~S f! nIM~[/U(f0f III ~dP901~lQ insln~ment, an~~ I~~p( (~P} SPt'P~ly' af4/iOdMPt~gfO r.irnelin,y II~r SOR1P, U~ l~p (NpXrtCP 0/ ~Y~O SU63ClIfl111(J U~~npSWS. i~ (~pP1V UM~ I~OIUJI~UfI~y Wl~•/ QU~~~flrytY (lU')• ('~'t~Y!' fR ~~lP~l! SUII~ COIjbfU~l0/1 OII~ ~~0~ ~l1P SP~ O/JILP~ ~llPff~O l5 ~~P (lLf (V/(IOf6~P 3PQ~ ~1 i S14~ (YN(tOfQ~fOlI. ~ ~/~IrN/:SS my hnn.~ un~~ oj(iria~ sea~ in !he ~~a~nh• aru~ tilalr ~ast a(vmsaid Itiis l,~th ~~oy oJ Oetober A. I). ~072. .~~~~,,,u~ll~~ . . ; ~ l1 : l ~ ~ '~i, . . . ~ ? ; : , ; - - - icJ__~ of - --ida . _ . - - - - - y ~ . I~o ary pu , ate Ior . ~'fy~- at Large _ ~t : • - ~'v~ 4 ; ;j,. ; My Com¢nission Expires : !~,c' ....••r~ \ ~ k p r NOTARY PUBLIC SIATE of ~CORIDA AT ~lte•-~ ' 3vv~~~ ~/~~i r j - • Y C 0 1 A M I S S I O N E X P I R E S A U G. 9, 1 9 7 5 W!" OtN~ML iN~URANCE UMDERWRITERS. INC ,~~~y~ "3`z, po - ' ~ rs;~