HomeMy WebLinkAbout1476 and shall per~orm, comply wifh and a6ide 6y each nnd every tl~e ag?eemenfa, atipulation's, conditions and
covenants thereo~. and of lhis mu?tflage, t?~en ll~is mortgage and the estatv f~ere6y c?eated, sl~ull cewe, de-
fermine and be nu~~ and twid. ~
Ii~ Ihe morfga~or ~en+by jurlher co~ennnts and ngrees fo pay promptly when due the principal nnd
inleresl and ofher sums o~ money provided jor in sntd nofe and f{~ta mortgage, or eifher; to pay all and
stngula~ Ihe taxes, assnssmenls, IPt~IPS, lia6ililies, o6li~ations, and encum6rances o~ euery nature on said pro- ~
perly; lo permif, commit or su~fe~ no u~asle, impairmPnf or deferiorntion o~ saic~ ~and or Ihe impro~emenb ~
Ihprnc~n al any timp; to ~PPp IIIP buildin~s nou? a~ I~e?pajler on c~id l~nd /ully ins~uecl in a sum oj not less 1
than t1i11 inaurable value. t
in a contpany o~ i~ompanies a~~prrabie to Ihe morlga~ep, the poltcy o~ policies to be held 6y, and pnyn6le
to, said mo~tgayee, and in the et~ent any sum o/ money 6ecomes ~ya6le 6y i~irtue oJ such insurance ~he
mortgagee sl~all I~ave the right fo receive and apply the same to tl~e inde6tedness here6y secured, accounting
fo fhe morfgagor Jor any surplus; fo pay a~~ costs, c{~a?gea, anc~ expenses, inc~uc~ing ~awyer~s ~ees and tif~e
searcties, reasona6~y incurrec~ or natd by il~p mortgagee hecuuse of t~e (ai~ure o~ I~e mortgagor lo prompf~y
artd (ully rnmply witl~ 1{~e ngreemei~ts, stipu~ations, concrifions anc~ covenanfs o( snicl note an~ ihis mo~fgage.
or eif{~er; fo per~orm, comply witli and abide 6y each anc~ c+very the agrePmenfs, stipu~ations, conc~itions and
coi~enanls set /orfh in snid note and Ihis mortgnge or eit6er. In the event the mortgagor Jails to puy when ~
due any tax, nssessment, insurance premium or ofl~er sum o/ money paya6le 6y virtue o~ said note and this
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mortgage, or eif{~er, f~e mortgagee may pay fhe same, wifhout waiving or ajjecfing the opfion fo ~orec~ose ~
or any olher right hereunder, and all suc{~ pnyments shall 6ear interest (rom date t~ereo) at t6e I~ighest law-
f ul rate 1{~en allowecl by ~tl~e ~au~s o~ the State of Florida.
any sum of money {~erpin re(erred lo be not prompf~y paic~ within th~tY c~ays next ajter
the samR 6PCOmes due, or i/ each an~I every ll~e agreements, stipulalions, condilions and eovenants oJ said
note and ihis mortpa~e, or eilher, are not jully perjormed, complied wilh and a6~ded 6y, then Ihe entire
sum mentioned in said note, and Ihis mortgage, or the entire balance unpaid tl~ereon, shall ~orlhwith or
therea(ter. af the option oJ If~e mortgn~ee, 6ecome and 6e due and paya6le, anyt{~ing in said note or F~erein
to !he confrary notwithstancring. ~ai~ure 6y ~I~e morfgngee to exercise any oj the righls or options ~ereiR
proi~ic~ecl sha~~ not conslifufe n u~ait{er o( any ri~~fs or opfions under said note or fhis mortgage accrued or
Itierea(ter accruin~.
~n ~itness ~hereof~ 1~~e sai~ morlc~ngor {~as hereunlo signecl and sealed t{~ese presents tf~e
c~ay ancl year jint ahoi~e ioriffen.
Signecl, sealed and de~ioered in t1~e P~PSPIICp oJ: RI~R CITRUS, INC.
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~ STATE UF FLORIDA, ~
I GOUNTY ()F ST• LUCIE ~ i
1 HEREBY CERTIFY that on this day. beforc mq an ~
offi~er dut}• authorizrd in the State atoresaid and in the County aforesaid to tak~ acknowkdgmenu~ person~lly appearcd
~ ~ob Shaw ot RIVER CITRUS, INC.
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to mc known to be the person d~scribed in and who ez~cuted the (or~qoinq instrument and ~~~•as~~o bed
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be(orc me that ~ ~aecuted the same. - , : ~
~~'il'~ESS my hand and official seal in thc C:ounty and Statc last ator~said this !0~'~l~ i' ti~~ •~d~at
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~ A. D. 19 7 y ;,l t.. f a~ an ' i,
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=`1WC~E COUNTY F~~ -
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~ CCERx C RCUIT COWT ~ ~
RFCORD YfRtFfEO~, . I!
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"I'hu liu/n~mcut Preparcd by: Etasel Scott 24Q3S6
nd~~mu p.o. Box 33s
Bradenton, F1a. - ~~07 ~i4~ ~
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