HomeMy WebLinkAbout1650 and shall per)orm, comply with and n6ide 6y ench and euery Ihe agreements, alipulations, conditions and
couena~fs Ihereo/, and o~ this mortgage, then Iht~ morlgage and the estate hereby created, ahnll ceasv, de-
termine and be null and void. .
~ fhe mortga~or ~?ere6y Jurt~er covenanls and agree~ Ro pay prompf~y u~~en due the prtncipol and
inferest and of~e~ sums of money prouic~ec~ ~or in said note anc~ this morfgage, or eiitier: to puy n~~ and
singulnr the tnxes, assessments, levies, lia6ilities, obligations, and encum6rances o( euery nature on said pro-
perly: to permit, commif or su~ler no wasie, i?npairment or cjeferioralion of saic~ ~nnd or f~e improvemenfs
Ihereon at any time:
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in n compnny or compnnies acc~pta6le to the mortgugee, f cies to be held by. and Payn6i~
lo, saic~ mortgagee, and in Ihe evenf ney ecomes paya6~e 6y vi~fue of such i~surnnce the
mortgagee shal to receine and apply the same to Il~e inde6tedness here6y secured, accounting
• to pay a~l cosls, charges, nnc~ expenses, inc~uairtg ~awyer~s fees nne~ til~e
searches. ?easona6ly incurred or paid by !he mortga~ee 6ecnuse o/ !he jailure o( tl~e mortgago~ to prompily
anc~ ~ully comply u~ith ftie agreemenls, stipujalions, conditions onc~ covenants o~ snid note and lhis morfguge,
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or either: fo perjarm, eompry wi~n ann aoiue uy riiij[ firtct ~udry tc:i• U}fiE"GiiiC"ii(3~ scc~sC:cca:.~
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covenants set /orl1~ in said note and lhis mortgage or eitl~er. !n the even! fl?e mortgagor /ails to pay when -
due any fax, nssessment, insurance premium or other sum o/ money paya6le 6y ~irtue oj snid note and this
mortgagp, or either, Ihe mortgageP may ~y fhe same, without waiving or o~jecting the oplion to ~oreclose
or any otl~er rigl~f hereunder, and all such paymenfs shall 6ear interest (rom c~ate thereo/ at the 1?igl~est ~aw-
ju~ rate then nllou~ecl by tl~e laws o~ the Statp o/ Floricla.
nny sum oJ money herein re(erre~ to be not pro:nptly paid within 30 days next afler
~ t{~e same becomes due, or iJ PAC/t and euery the agreements, stipulations, condifions and couennnts oJ said
note ancl tl~is mortgage. or eilfeer, are not )ully pe~~ormed, compGed wifh ancl a6~ded 6y, then t{~e entire
~ sum mentionecl in said note, anc~ fhis mortgn~e. or the enlire ba~ance unpaid Ihereon, shall jortluyill~ or
therea/ter, at the option o) tf~e mortgaflee. become nnd 6e due and paya6le, anytl~ing in said note or' herein
to t{~e conlrnry nofwifhstanding. Failure 6y ihe morlgngee fo exercise any o~ t~e righis or options herein
provided sl~nll not constitule a~e~aiver o~ any rigkts or options under said nole or this morlgage acc~ued or
thereajter accruing.
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- ,'O ~n ~'d~tness ~hereof t{ie morlgagor f~ns causec~ f~ese presents to (
_ ~ ; L~ ~ ~#,C 130R:1TE I
- ~i..',+ •;:~?~1[.) E~e executecl in its name, an~ its corporaie sea~ to be ~ereunto af~ixed. 6y ~~s
E,•.,-~ proper o~(icers fhereunlo ~uly autJiorizetl. the day and year first a6oue written.
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~ - E. GROVES INC. _ .
i j'`'~~~EST:-~---- - - D' ~ - - -
` ~f R. O. Bater ~ ary -
E Signet~, s c~ leli~ Fc~ in ! pr~ ue / ~ ~ ~ ~
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t ~~.~z~~G
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~ ! - - ~ David L. Walker P«.~,~
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i ~~te Of FLORIDA
` ~.VUI1~ Ol ST. LUCIE
iF 1 HFRF:RY ~'FRTffl' ~6a1 un ~1iis Jay. ~r(or~ mr. an o~(icrr du~y aullwriud ~n Il~e Stde and Cainlr a~wtwid b ta~ee oc4nou~edg-
~ rnrnl•. VPrwna~~~ ap{.rurc.!
~ DAVID L. WALKER and R. O. BATER
~ ~ u•vII F~nou~n ~o ~ ?tiP ~.~.,.t~,,, an.t Secretary feux~+;nty d ~t~ ~.~.d:«~ „~a ~
morlgngw in Iti~ ~oregwnq insf~umenl. a~u~ I~ol f~v~ se~rra~~~- ur~nou~e~grd eircutiny I~e sumt, in (~t prestnct ~ fuo su6xribing uKlntss~s.
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(ree~~ oni~ ~~uluntanly un~~~r aulE~un~v ~~u~v rr~~r~1 in ~tiem Ly wi~l <-wpwution anJ 16ot ~lu xu1 u(~iitd ll~enlo is Itie tnu capoidt sro~ o(
r~ +a.~~ tor~wration.
~~~/T\E:1ti my han.~ un~~ o~ficia~ sta~ in fhe Ca.nly and ~lott ~asl a(onsaid thfa aj C~~ ~ay of a.c.<. Q,
ny ' 7 3 ~
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~T' ` - - ~_...7~ Notary Public, State` ar~'.F~orida -
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~ 4 48 P~ My Commission Expire~: 5~.
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