Loading...
HomeMy WebLinkAbout2383 ~ and shall per~orm, comp~y wIfh ancr abide by ench ancj every the ag~eements, stipu~alions, co~c~ifions and couenants 11~ereo/, and oJ tl~is rnortgage. Ihen this mortgage and the estnle hereby created, shall cease, de- tern~ine and 6e null and votd. • 711~ the mortgago~ hereby f urther covennnts and og?ees fo pay promptly when due tl~e principal ancl interesf and ofher swns o! money proutded (or in said note and this mortgage, or eilF~er: to puy a~~ nnd singu~nr the faxet, assessmenls, ~euies, linbi~ifies, o6~ignftons, anc~ encumbrances o~ every nature on said pro- perfy; to perntit, commif or su~~er no waste, impairment o~ cjeferioration o~ said land o~ !~e improvemenfs thereon at nny time: to keep Ihe 6utldings now or hereaJter on said Iand /ully insured in a sum oJ not less than MAXIMUM INSURABLE VALUE in a rnmpnny or companies accepta6le to Ihe mortgagee, the policy or policies to 6e held 6y, and ~ya61~ to, said morlgagee, anc~ in fhe event any sum o/ money 6ecomes pnya6le 6y uirtue o/ such insu?ance the mortgagee shall I~ave the riflht to receiue and apply the same to the indebtedness here6y secured, accounling to the morfgagor f or any surp~us: to pay a~~ costs, c~arges, and expenses, incluc~ing ~awyer s(ees ui~d iil~e searches, ?easona6ly incurred o~ paic~ by t{~e morfgagee because oj the /ailure o~ tl~e mortgagor to promptly unc~ (u~~y comp~y witti t~e agreemenfs, stipu~afions, conditions ancl coue~innts o( said note and this mortgage, or either: to perJorm, comply witk and abide by each and euery the ngreements, slipulations, conditions nnd covennnts set /ortl~ in said note and this morlgnge or either. In the event the morfgagor Jails to pay w1~en due any tax, asseasment, insurance premium or other suM o~ money paya6le 6y virtue oJ sni~ note and t~is morlgage, or eifher, !~e mortgagee .,,ny r,oy the same, without wai~ing or af (ecting the option to ~orec~ose or nny ot6er right hereunder, and al! such pnyments sl?all benr interest Jrom date lhereoj nt tl?e highest law- (ul rnte then allowed by tl~e laws o/ the State o/ Florida. ~L any sum o) money herein reje?red to 6e not pro:nptly paid within thiY'ty days next a(ter , the same 6ecomes due, or ij encl~ and euery the agreements, stipulutions, conditions and covenanta o~ said note and tl~is mortgage, or eitl~er, are no1 Jully performed, complied wit6 and a6~ded 6y, then the entire sum mentioned in said note, and tF~is mortgage, or t1~e eniire 6alance unpaid thereon, skall JoH.~?witb or ' tl~ereajter, at ti~e option oj the mortgagee. 6ecome and be due and payn6le, nnything in snid note or herein to f1~e contrary notwitl~standing. Failure by tl~e morlgagee to exercise any o~ the rigl~ls or options herein prouic~¢cl s?iall not constitute a waiver o~ any rig{~ls or options uncler saic~ note or this mortgage accrued or therea~ter accruing. rr ~ ) ~ j.. t `,~i ',.~.'~c t~. :ti ~ ~ ~o ' _ N ~ ' .,l • ~e. F,t~y C1 _ ~ I . / ~ ' (CORPORATE ~n ~~e ~ortgagor has caused these presents to SEAL) be executed in its name, und its corporate sea~ to be hereunto a/fixed. 6y ~ts proper o~~icers lhereunto c~uly authorized, !he ~ay nnd year f irst a6oue written. ~ ATTEST:--~-4~?._%f'_C:~~-------------------------- FORT.._PIERCE_. AUTO._ SALES,.__ INC_......_..... 8111 W11SOT1 ~ Sccrelary i Sign , sealed and delivered in t{~e presence oJ: ~L.4~~'.~~~--------------------- By------ ~ - - ~ 7~~~f ` -----•-•------•-----------F'rende+~t ~ - ~ - Jerr ve, ! c_ / , . ~ . . ~ ~~/~^~~i~L~a--C - „ ?Gt; ~7tfY ~9Y ~F~~~~ 4 IE COU r ~ ; ppQE~ POtTA~f i a ERK C«CUti ~dUltt ~ REL~R9 VEPifif~p~.....~..... ~LA~ Of FLORIDA ~~IO 1 M i1Z Q ~r~v.'v ST . LLIC IE 1 HEREBY CERT?FY ~/iat on ~lus day. Fx/o~e me. on oJJice? dulr awl~oriud in Jm Seate a?u! Coun~r n/«esaid fo taLe ocbw~edo- m`~''' P`~~' °P~ Jerry Lore and B:11 Wilson, ~ well bwurn Io me to 6e ll~e Pn~idenl ~a Seeretary naprdinrlr oj d~e cwpwnlion nomed us r;~ martgagor in the (oregoing instrumenl. and I~wt l~ey x~~ero~~r ac4nou~edged executing 1/~e same. in t~e prcunoe oj two subsoi6ing ~rilnesset. ~ (reely ond adwuor~ly under outlw?tty duly res~ed in t6em 6y said co?pw~a~ion and tlwt ll~e seal a//ixed l/unlo is d~e uue oorporo~e sea! o/ ~ a°'d `°'p°`°t`°"- ~ Wfl'NESS my hnrd and o(~iaal sca! in t6e Coun~y and S~u~e [ase a(wesoid ~6~s ~d~ dar o/ Oetober ~ D. t9 7 2.. ~_~,~~ue~~~~~~~~~ . . , ~ ---------x ...~'~.I~~- . . ~ : No ry Public - State of Florida =.T.' • % : ~ " v . at Large. ~ ; • - ~ : ~ - My Commission Expires : 3 ; t _ cl ; . ~ _ • ~ : ~ • ~ r ~ ~ % ~ .Q i~• ' .'1 • • ~ + ~ °sao~~c~~ _ ~ . ~ - ~ = _ ~ ~ r~ .