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nnd shal~ pprform, comnly witli and abide by each and every !he agreements, stipulalions, conditions an~l '
• c~ovenants tl~ereoj, and o/ this mortgage, tf~en Iliis mortgage and the estale here6y created, shall cease, de-
ier?nine and be null ancl void.
T11NL fhe mortgngor heretiy (tuthe~ covena?t!s and agrees to pay promptly wlien c~ue t~~e principal an~I
i~terest anc~ o!{ie~ sums o~ money proviaecj foi in said note anc~ this mortgage. or eifher; to pny n~~ ancl
singular Ihe taxes, assessments, le~~ies, lia6ilities. o6ligations, and encum6rances oJ e~~ry nature on said pro-
perly: !o permit, commit or suf(er no u?asfe, impairment or deferioration of saic~ ~an~ or t~e improvemenls :
thereon at any time: to ~eep the 6uildings nou~ or ?~erea~ter on said land f
ully insured in a sum oJ not less ~
ihan One Hundred ~aenty-five Thousand Dollars
in a compuny or companies accepiable to tf~e mortgagee, I~e po~icy or po~icies to be held by, and payable
to, saic~ mortgagee, and in Ihe event any sum o~ muney brcomes paya~~e ~y virtue o~ such insurance f{~e
mortgagee shal[ {~ave !he rigl~t to receiue and npply tha snme to the indebtedness here6y secured, accountinp
fo fhe mortgagor ~or any surp~us: to pny n~~ costs, cl~arges, unc~ expenses, inc~uc~ing ~awyer s~ees an~ iilje z
se~rches, reasona6ly incurred or paic~ by ihp mor~gn9ee Lrcause o/ the failure oj the mortgagor to prompf~y
aricr fu~~y comply with Itie agrepments, slipu~atior~, conditions anc~ couenants of snic~ note an~ this mortgnge. '
or eilher; to petjorm, comply with nnd abide by ench ancl euery !tie agreements, stipu~ations, conc~i[ions ancl
covenanls set forth in saic~ note anc~ t~is martgage or either. ~n fhe e~ent !he moriflagor ~ai~s fo pay w/~en
crue any fax, assessment, insura~ce premiurn or of~er sum o+ money paynb~e by virtue oJ sai~ nofe and this
mortgage, or eil~er, fhe mortgagee mny pay t~?e same. without waiving or nf
jecting tf~e oplion lo forec~ose
or any olher rig6t hereunder, and all suc{i pav?nenls shal~ 6ear interest jrom date thereo/ at the higl~est lau~-
Jul rate then allowecf 6y the laws o( fhe Slat~~ oJ Florida.
anq sum o~ moneq herein rejened to l~e no! prornptly paid witl~in f ive tjays next a~ter
tF~e same becomes due. or i j eacl? and euery tl~~ agreemenis, stipulalions, conditions and coi~enants o/ snid
note and lhes mortgaye, or either, are not JuIIy per(ormed, complied wilh ond a6~ded 6y, then the entire
sum menlionec~ in said note, ancl this morf~aJe, or the entire ba~ance unpaic~ thereon, sha~~ (orl~uuitl~ or
5
iherea(ter, at the option o~ ti~e mortgagee. 6acome and 6e due nnd pnyable, anyt6ing in said nofe or herein
to the cantrary reotu~it~stan~ing. Fai~ure by the mortgngee to exercise any oJ the rights or options ?.erein
~
provided s1?nll not constitute a u~aiver of any rig~ls or options unc~er saicl note or thu mortgage accrue~ or i
tf?erea~ter accruing. fLFO AN~ f~~CQkpE~
i~ LU4?E COUMTY flA. ~
~o~~~: ~~;r~~~ :
. ,t csE~r. c:~~;~:tz coUSt ;
'I .....c: 2 ~ - Pf~ORO VfR~~~~o j :
. ~ ~ = 33 ~$,3 ~ ~
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' ; ;~•~~~;pR~~-~- ~n ~~~I`~ ~IKLQOI fhe morlgagor ~as caused these presents to j ~
~ b%! ~~~,,•~~F_Af_) {~e executed in its name, and ifs corpomte seal to 6e liereunt~ aJ~ixed, by ifs ~ ~
i proper o~~i ers iereunto clu~y aufhorize~, the day and pear f
irsf nboue written. ;
~ i . ' ;
~ . : LEASURE COVE MOBILE HOME PARTC I f
,~TTEST ~ ~
- - - - - - - - . i ~
~ In~`ivi ua Iy ~ aind as~SKretary II~fiC ~
~ Signed, sea~ecl ane~ cre~ioerccl in t{~e presence o~: j #
~ ;
f ~3Y-=-•-•-- :
~y ~
~ Individual and as Pr~si&nt "
,c.~ . . :
~ ' s~L `
, - cf~it/ _ ~ ~ ) :
LeOra Skaggs ' " ~ =
~ ~
I
~
~~1tC Of FLORIDA , ~
p~ ST. LLCIE f
1 HEREBY ('F.RTI(•Y t6a~ on thia d~y. ~n o~~ioer duly a~~horiud ~ thr S~atp and Co~nty afo?rso~J ~o m~ ~ub~widrd;~ ~
~~s. ~K~~~ SPENCER B. GILBERT and ERNESTINE S. GILBERT
~
i
~ ~ ~,~II ~noum ~ ~he r~.P~~~~ a,~~ Secretary .~,r~<<~~~t, oI t~e ~a,~.u~.~ a~ ~
~ morlqagw in I~e ~ortgoing ~^slrurrw~n~, oru~ fna! t~py srrrru~~y nc~~u~edgtt~ exrculing l~e samt, in ttie ~xrxnce o~ tu~o subxri~.ing u~ilnrssvs. t
~ ~ree~y on~~ trol~.ni~Jr~ _.rklrr awhon~v dulv t•v.trl in Il~vm f~~• wid cwyordion ancl I/~at ~tie ua~ u~~i~ed 11~nrto is I~~e tn~r coi~~rate v~nl o~ i
i (
j w:cl cwpordiort. - ` I :
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~U~h~l:.ti1 my horuj an~ oj+~o..~ stnl in ttie ~'w~nty unJ 5lat~ ~ust ajortsai.~ I~us 12t11 ~~uy o~ October I
'~:..~.~•~r~~
A. Ig ~
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Y- . J'_ ~ '~l ~ L`f ~ ~ , l~-t-'•~
- ~ = -
; , ~ : _ - - -
; Q: Notary P~S `c,,~ ~ tate o~ F1orz a
~ : v ~ : ' at Large ~
' o ~ ~ p . 12/2~J/72
My Com~nission Ex ires . ~
'•,~07'~;..
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; aoox~V~ PACE ~
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