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HomeMy WebLinkAbout2183 an~ shall per~orm, comp~y ~nifh a?i~ a~,ic~e tiy each an~ PI~Pfy ihe aflreemenfs, stipu~afions, conc~itions anc~ { covenants ~~elflO~. QII~ OJ ~h13 morlgafle. t~iPl1 IhIS mortc~a~e Q/ld (Ilp PS~A~(' hP~Phy f~PA~P~, ShG~~ fPaSP, dP- : i termine and be null and noid. ~ x t S -~5 ~ Ihe mo~tgagor here6y (u~lher covenanfs and agreea to pny prompfly w{~en c~ue the principal anc~ ~ interest and oiher sums oJ money providerl )or in said note and this morignge, or etther; to pay all and singu~a? fhe faxes. assessmenis. ~e~~ies. ~iabi~ilies, o~~ignlions, ant~ encum6raRCps of ei~ery nature on saicl pro- perty; to permit, commit or su/Jer no u?aste, impairmenl or ~eterioration o/ sai~ land or the impmvements thereon at any time: to ~PPP IhB huildinps now or {~ereaf ter on said land f ully insured in a sum oj not less than TEN THOUSAND AND NO/100 in a company or companies acceptn6le to the mortgagee, the policy or policies to be hpld 6y, and payable ~ to, saed mortgagee, and in !he eve?it any sum o( money 6ec•omes pnya6le 6y virlue oJ sucf~ insurance the mortgagee shall hnve the right to receii~e and apply the same to tf~e inde6tedness f~ere6y secured, accounting to fhe morfgagor Jor any surp~us: to pay a~l costs, charges, ancr expenses, including ~aiuyer~s ~ees and title searches, reasona6ly incurred or ~td by ~hp morfga9ee 6ecause oJ the jailure of the mortgagor fo promptly and jully comply with Ihe agreements, stipulafions, conditions and covenants o~ said note and ll~is mortgage. ; or either; to perjorm, comply with and a6ide 6y enc1~ and every the agreements, stipulations, condifions nnd covenanfs set ~orlh in saic~ note an~ fhis mortgnge or eiftier. In the euenf ftie mortgagor ,ai~s to pay w~en ' due any lax, assessment, insurance premium or other sum of money pnyable. 6y virtue oj said note and this ; mortgage. or either, the morfgagee may pay i{~e same, wit{~out waiving or af~ecting !~e opfion to ~orec~ose or any other right f~ereunder, and all suc6 payments shall bear inlerest f rom date tl~ereoj at tl~e I~igl~est lnw- fu~ rate then allou~pd 6y ~he laws of the State o~ Florida. ~L any sum o( money herein refenecl to be not pro~nptly paicl wil{~in 3~ days next ajter the same 6ecomes due, or iJ each and enery IF~e agreemenis, stipulations, conditions and covenants oj said f note and this mortgage, or eithe~, arp not f ully perjormed, complied u~iih and a6~d~ 6y, then the entire ~ sum mentioned in said note, and lhis mortflage, or the enlire 6a~ance unpaid ftiereon, shall ~ort~w?ith or ttierea~ter, at lF~e option o( !{~e mortgagee. 6ecome and 6e due and paya6le, anylhing in said note or f~,erein lo tf~e contrury nolwithstanding. Failure by tl~e mortgagee to exercise any o( the ~ights or options herein _ proviclec~ s{~al~ not constitute a waii~er of any rights or options under sai~ note or IF~is mortgage accruec~ or therea(ter acc~uing. I( I it , . ' ~ t, L ! ~ _ , ; ~ G F •:U~ ~~C~:~.F ~n ~~Lll~s ~IK`L~L t~e mort,q~gor {ias causecl these presenls to _t 4F_A[~= ~e execufecj in its name, anc~ ifs corporate sea~ to be hereunto af~ixecj, 6y its ~ proper o(f i rs thereureto duly auihorized, the day and year ~irst a6ove written. ~ i . ~ ~ • • • ~ - ~ CHANDLER DQUIPMENT CO. , INC. ° ~ ~ ~~:~r~- - • - - - , , ~ ~ ~ . . . . . Grrelary SIgII~, SPQIed and deli~~ere~l in ~~B n'PSPI1fP O~[ . ~ ~ ~ 5~ f;~./s'• 1/-.• ~ G- - LL~'t--~ ~~-L L~.C`u.'--'-----•-- - PrccidtM 1 e r~ 2 ~~~~r ~ _ HLE~ AND REC E : ~ ~ sT.lUC1E COUN G lIOCER POITtiAS ; CIERK CtRCUtT CW~T RECORO YER1f1E0.~---~-- ~ ! ~ ` ~1 ~0 28 ~~Z ~l Florida ~~905 3.V~~ ~l St. Lucie 1 HERFBY CERTIFI' thal on ttiis da.. f~Jwr me. m o(JicP. dulp outtioriud in I~r C1ale aru~ ('ounly a~orrsaid Io lulee aclmou~tdg- „~~~3. a?~Ity ap~a.Pd E. E. Chandler and Pauline E. Chandler 4'P~~ ~OU~~1 ~O R1P ~O ~ ~~~P l~fP51~fI1~ M~ Secretary ft~(WC~~~'P') O~~ ~f~P COfPO~U~1Of1 l16N1l~ OS ~ ~ ~ goin9 insUumrnl. aru~ ftinl ftiey sr~rr~u~~y ar~rnouaed,qr~ rxvtuliny ll~v samr, in ftiP ~/1'SPRff o~ luo subscriding u+ilnrssrs. . morf9agw in 1hr ar~ ~ ~reely un~ [~unluril~- ~uu~rr uuthorily c~uly ~vslr~ in lhvm E.y wii~ corporulion an~ Itia1 the sral a~(iae~ I~Pre1o is t~e fnir cnrporole sea~ o~ sni~ ['oriw+a/ion. :~t my tiand an~~ o~(icia~ sea~ in lhe (~ounfy wu~ Clu~a~t. u~ornsai~ lf~ii 27th c~o) Oetobe r • 19 7? - ~ ' 7 . " ~ • I ~ f V I~' ~ / ~ ~ . iti'0 %~~c•' L~L L L - ~ Z'u`?L~ . - - . • - - ~'.•CT/'.f; • NOTARY F±tCt!^ cT~~ ~ . : ~i. MY CORS:: ;`:via•~v :_:.r:,..OF FLC;^,'~?A AT lAR ~ , ~Eiv'cWt1 u~:,u..;:..:,~ `'.::v. 22, 1975 ~E ~ ' f' l. ~ G ~ , u~,:.L.:~Ih~It.1f,?~, ~ ~ ' n~ F( ~;~..~~~.C,;`- - ' 03~ e~~ Q~ ~ $i1flK ~'~CE ~.?!.~]~r - - - ~ ~ ~