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HomeMy WebLinkAbout1389 i ~ an~l shaU p~rJt~rm. ~•umply u~ill~ nnd abi~le 6y encl~ and ~~~ery t1~e a{~~PPRIPf1It. slipulationa. rnndilions and i-~~~~~n~nls ~hent~~. aud o( Iliis morlflntlp. 1(~en Ihis mo?tpapr and tl~e estate hereby c?pntpcl. shall cease. de- IanninP an~~ nu~~ m~~~ ~v~i~~. ~ ' ~n~ I~~r murlga{~or ~~rm~~y ~url~~~r covi~nanls and agrees to pay prumpl~y when c~ue Ihe pr[nclpal and iuf~n~sl an~~ ofl~~r siuns of n~o~u~y proi~id~kl Jor in sai~l nole anc~ ftiis morlgafle, or PIIhP~: !o pay a~~ and si?~~ular Ihe lo.r~s, ass~ssmi~nls. I~~~ic•s, Ii~~Gilili~s, o61i~~aliuns, antr Pncum6rnnces o~ e~~ery nafure on said pro- perly: fo ~x•rmiL cum?nil or su~j~r no u~asir, impairmenl or ~nterioration o~ sait~ ~dn~ o~ Ihe improuemenfs ~ll(•M~•11 (1~ 11/1Y ~1I11P: ~O ~1•P') ~~IP ~)l/l~(~Ifl{~S~ /IOII~ Ur'IP/('Q~~P~ UII ~AI(~ ~QII~'U~~y 1?I311~ 1?1 ~ SI/M O~ I10~ ~PSs ~I,~„ full insurable value ~~i u 1'Afl1~)AfIV M compani~s ~u-i-rplnl~~e 1~ Ili~ mortc~a~~cc~, 11~e po~iry or po~ic•ies to be 1~eld by, and paya6le IU. SAI~ IIION1~AQPP, A11/~ in 1~~~ ~•~~~nl m~y sum o~ money hPCOmPS payab~e ~y virfue o~ suc{t insurunce 1{~p morl.ryn~~~p shall har~ Ihe rif~hl to ro~-eiv~ and apply the same fo ll~e inde6techiess here6y secured, accounting fo 1{~~ morlqn~lor (ur anv surplus; fo pay a~~ custs, c~~a?ges, and exppnsPS, inc~uding ~awyPr~s jees anc~ fit~e s~arch~s. rrnsonnb~y in~•~ure~~ or ~~ai~~ {~y I~~e morfga~~~e hPCAUSP o~ Ihe ~ai~ure o~ the mortgaflor fo prompl~y ancr jully ~-ouiply u~ith Ilie a4~?ef~m~~~~ls, slipulaliont, con~ilions anc~ coi~enanis of sai~I note micl Il~is morfgage. or ~ill~er; lo pvrjorm. ~•omply u~ith anc~ abi~e by each anc~ every If~e agreemenfs, slipu~afions, rnnc~ifions ant~ ~•urrnanle s~f Jorl~~ in sai~~ not~ an~ this morfgac~e or viftier. ~n thr Nv~nt the mortgagor Jai~s to pay when c~u~ any tax. ass~ssm~~nt, insur~n~e prnmium or oth~r sum oJ money ~yA6IR tiy i~irfue o( sai~ nole anc~ ttiis mort~agp. or PIIIIP~, fhc~ morf,rya~ee may pay IhP same. withou! tvaivin~ or aJ~ecling I~e option to (orec~ose Of 1111~ O~~IPr R(~~~t Iu~r~~u•<I~r, an~I Q~~ sucl~ paymenfs sl~all 6Par inte~pst ~~Ofl1 l~~~B ~71P?POf at ~I~e highest lau+- (ul rnl~ Il~en al~o~ne~l 6y Ili~ laivs o( 11~~ Slafe o~ Flori~la. ~+~y sum u~ mon~~~ ~~~r~in re(prre~ lo be not promptly paicl within 30 ~ays nex! nJler 1~u• sunM {r~~om~s ~~u~, or ij ear~i nn~ ~r~ry Ihe a~~reemPnts, sfipulafions, con~Iilions anc~ ~-ovenanfs of saic~ nol~ an~ 1{~is morl~~a~p~. or ~it~~~r. nr~ no! ~ully per~orme~~. comp~iec~ wifh anc~ atiicrpd 6y. l{~en t~te eniire sum mpntion~d in saicl nolr, an~ 1{~is morl~lay~, or tlie entire 6alance unpaid thereon, sha~~ )orthwith or IhP~Pajler, al th~ oplion o~ I~~e morfga~ee, hrcc?me an~ h~ due and paya6le, anyfliinfl in saicl note or ~erein io I~e confrar~ nolu~il~~slan~in~~. /'ai~ure E~y Itie morlc~aqe~ lo exercise any of fhe ri~hts or opfions ~erein prori~~c~1 stiall nol conslitul~ a~vai~~~r o~ any ri~~hfs or opfions un~er saic~ nofp or if~is morfgage aCC/UPI~ or f~~erna~l~r n~•~•ruin4~. ~n ~itness ~hereof~ /~IP S(11(I morfn~c~or ~IQS ~IPMIIII~O siryne~ anrl s~alecl fl~ese presenis ~~P ~~ny an~~ y~nr ~irsl a{,ore u~riU~•n. - Signet~. s ~ n~ ~~~~i~~~rnc 'n 11~ pr~s~~ni-~ o(: CROMWE L GRIF IN ~ INC. ~ BY . - - ~ - - - . - - - - President . . ~ - _ - - ~ . ~_t t,, ~ - . - - - - - - - - _ . _ . - , ~ ; ~ ~ . ~ E v~ ~ ~ ~ ~ ~ _ _ . - - - - - - - - - - - ' (CORPORATE SEAL) _•~`3 : ~ ~ . ~ ! _ ~~.~.,t.~ T- - c.~ . • • F - ;~GI~^, , STATE OF FLORID:\, ~ ~ • , (:O['~TY OF PALM BEACH ' . . I~lf.REBY CERTIFY that on this day~ be(ore me, uf(i~ cr dulv authori~cd in tt~e Stat~ a(or~said and in the County aforesaid to tak~ acknowled¢m~•uu, pcnonaUy appeared RARL D. GRIFFIN ~u xi~ President of j GF~i, ADID C~tiFFIId, INC. , a FLorida oorporation, and that he a~r~vledged ~ exec,~*; the fcn~egoing instrunent in the preser~~oe of tw~ subscribing witrsesses ~ freely and wlwrtarily ur~3er autl~ity dvly vested in him ~ said c~ozpo~ratioa~ and that the seal affix~ed thereto is the true ~rporate seal~ ~ said oorpo~atiana ~~'17:\ESS m~ hand and o((ic~al seal in th~• Count~• an Statr last aforesai ~~S 26th ay of ~ ~ March o- 19 73• } - ~ (I3(~`~~ibtx SEA~;~-.. - - - - - - - - - ~ ~ ~ No Public ~ ~ ` ° . - i" - ~ : My commission expires: • tti , . . . . - ~ - ~ . : ` December 18, 1976 ~ • p~, , ' - ~ . ~ , _ - • • . . . . ~ : . r • - ~"~1. • ~q . ~ i 80CK ~.-L~ ~ ~ . ~ fA ~!lirs I~wni~n~~d p~rpn~J hy:. Johr~ M. Martyn, Esquire ,~,/,/nu DAVERSA AND MARTYN, 393 Tequesta Drive, Tequesta, Florida 334 8 I , . , ~ ¢ f ~ _ k ~ .:;1~~ - ~ x = ~ - .