HomeMy WebLinkAbout0429 ~d sha!! ~rjorm, comply witl~ and abide 6y each and euery the ngreements, alipu~attons, c~onditions nnd
c~ovenanb ihereoj, and o( IKu morlgage, l~en t1~is morlgago nnd l6e eslate hereby created, shall cease, de-
ternnine and be null nnd uoid.
~ the mortgagor he?e6y jurther oove??anb and ag?ees fo pay promplly when clue lhe principnl and
intereat and othe~ swns oJ money provided jor in snid note and tkia mortgage, o~ eilhe~: to pay nII and
aingu~ar !he taxea. assessments, ~evies, lia6ililies, ob~igatio?u, and encumbrances o~ e~ery nalwe on aatd pro-
pe?ty; to peMnit, commit or suJJe~ no waste, impairment or c~eleriomtion oj so~d [~nd or f{~e lmprovements
fhereon at any time; to ~eep t~e 6ui~inga now or he?ea~ter on said land juljy insured tn a sum ol nof less
Thirty Nine Thousand and no/100 Dollars.
in a company or companies ncrepfable fo the mortgagee, the poltcy or policies to be /~eld 6y, and payable
to, said mortgagee, and in the er~ent any au~re oJ ~reoney 6ecomes ~yabl~ 6y virtue o/ such insurance tl~e
ntortgagee zhall haoe t/~e rig6t to receiue ond opply t1~e same to !he inde6tedness here6y ~ecured, accounting -
to f~e rrtortl7agor ~or uny surp~us; fo pay a~~ cosls. charges, and expenses, inc~uding ~awyer a jees nnc~ tit~e
searches, reasonab~y incurrec~ or puic~ by the mortgagee becnuse o~ the ~ni~ure o` t~e mortgagor to promptjy
and ~ully c~ump[y wilk the ngreements. ~tipu~afions, rnnditions nnd covenanfs of said note and this mortgage,
or either: to per~orm, comply with nnd a6ide by each and euery the ngreements, slipulnlions, conditioru and
cav¢nanls set ~orth in said note an~ t~is mortgage o~ either. Irt the event 6~c mwtgagor (ai~s to pay when
due arey lax; asaeasrner~t. irasuronce-pnemium-oc otlier sum_~f _mc?nep payable by_virtue oj said note and lleis
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mortgage. or eit~er, t~e morlgagee tnay paq the sarne, without wniving or nf~ecteieg the option lo;oreclose
or uny otlte~ right hereunder, nnd aIl such payments shaU bear interes! (roin dote thereo~ at the 1~ighest law-
(uI mte then allowed 6y tlee ~aws oJ the Slate o/ Florido.
~L any sum o~ rteoney herein re%rred to be not pro:nptly paid witl~in thirty ijaya next n~fer
the same becomes due, or i/ euch and euery t{~e agreemenes, sfipula~ians, condilions and couennnts o/ said
no~e and this mortgage, or eitleer, are not jully perjormed, complied with and a6~ded by, then the antire
sum mentioned in snid note. Q„d eh~ mortgage, or t1~e entire balance unpaid thereon, shaU ~ortlw~ith or
therea~ter, nt tl~e option o) the mortga9ee, 6ecome and 6e due and paya6le, any~h~.~ in said note or herein
to t/~e contruFy notwithstanding. Fui(ure 6y fF~e mortgngee to exer+cise any o! the rights or opttons herein
~ provided shall nof constitufe a waiver oj any rights or options un~er said note or ttiis mottgage accrued or
; lherea f
!er accruing. _ -
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" jn ~~pl~J~ t~e mort a or {~as cuused these presents to
C `E 9 9
~ . ' 6e executed in its name. and its corpornte seal to 6e hereunto aj)ixed. by its
~
• • proper o(~icers t{~ereunto du~ aut/~orized, ehe day and y~ ~irst aboae u~ritten.
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ATTEST:------ .~-a_.,~ SCHENANDOAH BUILDERS, INC.
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' S«*r+e.r-Treas .
Signed, Ied nnd delive~ed 'n the presence of : ~ • '
ti ^ /C - /'~:l~.lL£iiL 8~------._(!y!i~~L'%I~Ff~j'~~--~ ••-L~'
P -
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- - /
- - - By ~ ~
~ Vice e ident `
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3
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~ ~~A~P Of Florida
~~t,~ St. Lucie
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/ HEREBY CF_RTIFY ~1,~ ~L:, ~y. b.j«~ mr. an q~,/~. ddy 4wM.~Z.d i.~ el~ Sra~ ond Ca„~ `
r u/wrcw~d eo tak acbeon.kdg- ~
~M~.a~r~w~ David S. Schenandoah, Doris Schenandoah and
Earl Charles, Jr. ~
arll b~oan (o mr ~o be t/ee Pnaidrnl e Tre S. respedi~rlr t6e cnrporaliow mTed nr
~ ~ 1~~ ~ ~ ~ ~ice ~resident ~
l6ey Korrollr ocMouardgrd eieculirg Ibe snnr, in tl~r prnxncr oJ two wdsai~ ~bil+naes, - 't
~~~~t{ ~ +~y~ ~
(reel~ and nolontorily undrr aut~wrily ddy nsted in t?~em 6y wid co?porolion and lfeot tl~t sw~ a/(iiad I~eneo ts tl~t~~llt+~s~rptrWr t~M~ eJ-' _ i
I ~d ~,;o,,. ;
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<V~~FCS my ~w+~ ond o~~icid tea~ in ltit Counl~ and Clal~ ~asf a~anwid ttiit 30th - ,i .
a. n. ~q 73 . ~ - ~ • .
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CLfF R C~~ G~~T LOUR ~ ~ '
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262664 ~ORK~~Q PAGE 4~~
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