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HomeMy WebLinkAbout2261 and ShpII pPlform, comply with and a6ide by eac•h and every the agreemenis, stipulntions, conditions and covenants thenw/, nnd of lhis morlgafle, then IF~ia mortgage and the estate here6y creuted, shall cease, de- termine and 6e ~ull and uoid. ~ fhe morfgagor {~ereby f url~e~ couenanis and agrees to pny promptly when due the p?incip4l and ~ interest and other sums o~ money provided )or ~n said nole and thts mortgnge, or eif{~e~; to pay oII and ~ singu~a~ fhe faxes, assessmenis, ~ei~ies, ~tabi~ifies, ob~igaftons, and encum6rances oj euery nalwe on said pro- ~ pe?ty: to permit, commit o~ su~~er no wnsfe, impai~men! or c~eferioralion o~ said lanc~ o~ t/~e improvemenft ~ thereon af any lime: to keep tf~e 6uildings now or he~ea~ter on said Iand juUy insured in a st~m of not Iess than NIL ~ in a compnny or compnnies acceptable lo lhe morlgagee, Itis po~lcy or po~icies 1~ he he[d by, und pnyable ~ !o, saic~ mo~Igage~, and in fhe e~~ent any surn o) money becomp~ ~yoble by virtue o~ suc{~ insurnnce ttie s moregagee shall ha~~e ~{ee right ~o receia~e and apply tlie same to the indebtedness hereby secured, accounting to t{~e mo~tgagor Jor ony surp~us: to pay a~~ costs, c{~u?ges, anc~ expenses, inc~uding ~awyer s~ees and lif~e searcF~es, recuona6ly i~curred or paid by ihe mortgagee because oJ ihe failure o) the mortgagor to promplly a~i~ f u~~y comply u~it~ ftie agrec+ments, slipulntions, condition: and covenants of suid note anc~ t~iis mo?Ignge, j o~ eittier: to perlo~m, comp~y with and a6ide 6y eacl~ and every !{~e agreemenis, stipu~ntions, conditions nnc~ ; c~ovenants set jorth in snid nole and this morlgage or either. In Ihe even[ the mortgagor fail.r to pay when t due any Iax, assessment, insurunce premium or other sum o) money pnya6le by uirtue of said note nnd this } s mortflaqp, or eit~er, the morfgagee may pay the same, wifhout ruaiaircg or aj~ecting t~e option to f orec~ose 1 or uny other rigl~t hereu~der, and aI! such pceyments shall bear inleresl Jrom date tl~ereoj ut tF~e higbest law- /uI rate fhen allowcKl by the laevs oj the Slaie o/ Floricla. ~l «ny sum o( money herein re(errec{ to be nof pro:npl~y paid within thirty (30) duys next a~fer fl~e snme becomes due, or i( ench and every fhe egreements, stipulations, condifions and covenunts o~ said note and this ?nortgage, o~ either, ere not jully pe~jormed, complied wilk and a6ided 6y, then !he entire i sum rr~entioreec~ in said no1e, and this mortgage, or the enlire 6alance unpuid lhereon, shail jortluqith or ~ thereaJter, at t{~e option oJ the mortgagee, 6ecome and 6e due and paya6le, nnything in said note or' herein ~ to the conlrnry notwithstanding. Failure 6y tl~e mortgagee to exercise any of the ?eghts or options ~ierein € providec~ s~~nl~ nof constitute a u~aiuer o~ any rig~is or options unc~e? saic~ nole or ff~is mortgage accniec~ or t~ereaJfer accruing. ~ ~ ~ < ~ d (CORPORATF ~n ~~ln~ ~~~1 !he mortgagor has caused lhese presents to , SI:AI.? be execuled in its nnme, and its corporate seal to be hereunto aj~ixed, 6y <<S ~ proper oJJicers thereunto cluty aulhorized, the dny nnc~ year ~irst nboue wrilten_ ! , .'~TTEST:---------~--- -WORD,_OF..TRi1TH_.TEI~'LE,..INC.--------._....-------------- ' $rttetary--•'- • ~ $ignet~, se~ ancl cle~i~erec~ i 1~ie presence of : ~ - T ~ (/~1'i~/J -a(.~.- ; - - ~ t- gy~" a . e -s ' 'ee"'~'Fi-" n' ~ ehairman . e _ _ as Tiustee ~ - - - - - - . , , . ~ oi n~ r, as Trustee , I ~ ~ , ; f . a ~ a rustee ~ ~ ` ~ ~`i~ ' ~~te ~i FLORIDA ' ` John E. McLeod, as Trustee ~UII~ OL ST. LUCIE ; 1 HEREBY CERTIFY ~?~t on tlu,s dar. 6eJore mr. m o/~~cer dufr awlwrired in tRe Scde ond Caudr a/wrsa~d ro ta1~s ac~- ` ; a.~t[, ~.,x~d Travis L. Rogers, trustee ~ presidiug chairman and Paul E. ~ Lambert, Rorbin R. Laiminger, Walter E. Davis, ~ John E. McLeod, all Trusteea ; ; ~ u*rfl J~nown to mr to be tl~e ond rostxctioelr of Il~e oorponntian nomed .4'S t ~ mortgago? in tl~e /orrgoireg inat,umtnl. ond 1?w~ 16~y xeerollr ac4rou~edged execulinq ltie snme, in Il~e pnsenn o( 1wv su6xaibi'r<~p lyi~ ssfs. ~mly ond n»luntarily urulrr autho?ily duly vesl~ in 11~em 6y ~d corporaiion ond Il~ut Il~e seo~ o(fi:ed I/~enlo is II~t• J1;;~o~pwoYt.l~~'~. said corpo?Wion. -r'~ ~ . ~ ~ ° • v ~i? ' ~ ~ W~i'NESS my hnrd ur~d oJ(iciol seol in d~e Cwu~~r ond State Inst a(oresoid Jas C~1 da _ ~ p ,t ~ol.' J~ .j ~ A. D. i9 73 . ~ : ~ ~ ; 4 y, ~ ~ t + Aw~, ~E~Gk0E0 _ ~ - ~~t- ~~r fIlEO ~ . ? GOUNTY fLA. ~ ST. WCIc aA5 / ~ , ~ ~ .~~-'~o~ ~ ~ 59'708 P~,~~:~.~t~ -i~-?/---- j,_t..---. ; ~ CLEo+~ ~i;t_=u1t COORT ~ Not ry P . ; ? . - ?FG3~~ , ED..~=~-- ~ 1~ ' 3 r~;.:i~s. ~i:,~ . c~ , ` 2 ss PH ~ ~ ` ( ,V~, 2`! cbY CAA'.:::SS~Gt~ EXPIR'c3 tx'rB 1. 15~, ; t L+".'.iL~7 1::t!U iP.ID 4Y. OIc..:tcU:9:'r1 ~ a ; I %iis h~una~u»~ prcparrd by: TM~• ~HSrnuMEr+~t PREPARCD BY: - = r • •V i s /?g6'TR/?CT 8~ TITLE CORP. OR FLA. f~l'l~lr'Sf SOO 0. 2ND si. FORT Pi[ItGE. ILORIDA ~ ~ BUGX PYCi ~~~~VfG. ; . - ~ - ~ - ~~'a ~ ~ _ -3-r : ' ir,. ~~~;~-.s..~ ~,~s'~ < ` ? r _ ~ . - ~ti.~~*~"