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HomeMy WebLinkAbout0729 . and sha~I perjorm, comply will~ and a6td~ by eac•h and eve?y the agreemenls, ~IipuTations, conditions and covenants ihereoj, and o/ lhis mortgage, Ihen this mortgage and the eatale hereby created, shall cease. de- termtne a~d 6e null and void. ~ the mortgago~ he?rby Jurther covenants and agrees to pay promptly wl~en due the principal and interest and afhe~ sums oj money prouided (or 1n said note and this mo~tgage, or eitl~e~: to pay oIl a~d singular the taxes, assessmenis, levies. Iia6ilities, obligations, and encumbrances oj euery nalure on soid pro- perly: to permil, commit or sujje~ no wwte. impairment or c~eterioration o~ said land or !tie improvemenfs the?eon at any time: to keep Ihe 6ui[dings nou~ or hereaJter on sa~d b«d jully insu?ed in a sum o~ no! lesa I ~han hiphest 3nsurable value. . in a compnny or compa~ies accepta6lo fo fl~e morfgugee, fhe policy or polieies to be held 6y, and ~xiyable ' to, said mortgagee, und in ihe even! any sum oj money 6ecomes paya6[e 6y uirtue o/ suck insurance the mortgagee sha[l l~ave Il~e ri~tl~t Io receive and apply Ihe snme to fhe endebtedness here6y secured, oecounting to the mortgagor for any surplus; to pay a~~ costs, charyes, and expenses, inc~uding ~awyer~s lees and tit~e searches, reasona6ly incurred or paid 6y !he mortgngee because o/ the (oilure o/ the morlgagor !o prompfly I aric~ ~ully comply wil~ fhe agreements, stipujalions, conditio~s and couenanfs oJ saic~ note and f~is mortgage, or eilher; fo perjorm, comply wifh and a6ide 6y eacl~ and euery the agreemenls, stipulattons, condifions and covenanls set (o?!~ in saic~ note and fl~is mortgage or either. /n fhe event fhe morfgagor ~a1~.s !o pay when due any fnx, assessment, in~umnce premium or olher sum o,( money pnya6le 6y oirtue o~ saicj note and lhis mortgage, or eit~er, f~e mortgngee .?~ay ~.y the same, wifhout waiving or a~fecting t~e option to forec~ose or any ofhe? ~ight hereunder, and nII sucF~ paymenfs shnll 6ear inlerest Jrom date thereo/ n1 the f~igl~es! law- /u~ m!e fl~en al~ow~l by ~he ~aws o~ Ihe Sfate of F~orida. any sum of money ~erein re~erre~~ to 6e not p?o:npt~y paic~ wifhin 30 days next a~fer 1{~e same 6ecomps du~, or i( each and e~~Pry the agreements, stipulntions, condiiions and couenants oj suid no~e and this mortgage, or either, urc~ not jully pe?/ormed, complied with nnd a6id~1 6y, t1~en fl~e _entire sum mentioned in said note, and t{~is morfgage, or the enlire 6alance unpaid tl~eseon, shall f ortluyith or tl~ereaJter, at the opiion o( 1he mortgagee, become nnd be due and paya6le, nnytl~ing in said note or' I~erein to tl~e conlrorq nolwithstanding. Failure by t{?e morlgagee to exercise nny o( the rights or options herein prouided shal! nol conslitute a waiver o( any rig6ts or oplions under said note or lhis morfgage acc?ued or thereaJier nccruing. ~ See attached addendum for additional conditions. :~'t G `i l , a ~n ~~tness ~I~CCCOI t{~e mortgngor has cnused lhese presents to _ • _ , c~ ~ : ~ PORATF. _ _ _j _ he executec~ in its nnme, nnd its corpornte seal to be hereunio a~jixed. 6y ~~s : : . : _ - = o r cers thereunto duly authorized, the day and year f irst a6ove u~ritten. . , ~ i ' ~ I . , - . ~ - ~ ; , ~ ` . ..__~HCAKTO---I2EVF:LO.~MENT.,.C.ORPORATIO.I~' ~ I~nbe LfE ~a P-,~o ~'i ~~ary ~ ' ne~, sealed and delivered in tF~e presence o/: ' . } ' By-~ ~i . ~ - . - - - acic~o~..Sa auno e P ~ ~ : % ~ ~ ~ ~ ~ ~ ~ ~ p~ FLORIDA ~ ~~t~~ O~ ST . LUGIE ~ 1 HERFDY CEK'T'IFl' ~ha~ on this dar. 6eJon me. an oJ(ierr ddy aw?wrised ~n ~l~e Sbee ond Coun~r o%rew~d fo take ocbwuaedg- ~ ~,~~s. a.~«,dty aPlKa~rd PLACIDO SALAMOIGE ~Potxe+-t~ sxpi.e~ ~ r {R(nyGy y~~/a~/bvPyevt~ /Lvrryfy_ {S~~//7yG (Qy/~R/ Cv7 ~QSS'tS~'}, ~ ILY~~ ~IWWI ~O rt1[ ~O D! ~~P PresidPfl~ O~LAAAAAAAAAAAAAAAAA~A~~~? O, ~ M/pOfO~IWI ~ Oi t I ~ morlpugor in t{~e ~oregoing instrumrnl. ond I~at/11hAy- ra~~y~~nou~edged eitculing ltie samt. in ftie presenoe luo tudfui o~ binp u+ilr~esaes. ;i ~ (rte~y and vo~unlari~y un.~r aultiorily du~y r~sl~d in y~ corpwalion ond ttie/ Itie sra~ u~~iutd ttitre/o is I~e !rw eorpordt sra~ o~ I - { ~ w:d co.po.n~~on. ~ W!1'~'VF_C$ my ha.~.l ~d ojj~ad Kal ~6~ Ca„~iy a.d S«~ I~t a(~n,dd ~h~: 2 i dar o/ October ~ a. ~ ~9 73 J . ~ ~ ~ ~ ~ . ~ i~ l i , .i - ~:J l.. i ~ " - r ; ~ ~ 'otary ~ic - ~tate of ~F~orida' ~ , at Lar ~ ` ~ , . ~ ~ • . p ~ ,My .]~ssion Lxpires: . _ ~ ~ R ~ y : ~ ~ i_~ O ~ _ ~ 6 ~ 2i9 P~~ 729 ~ ~ - - . _ . . . ~o - . ~ ~ ~ . - _ !%u hwmurc,n prepn~rd hy: Robert Lee Sh ro ~ ~ t,~:' ~ Levy, Plisco,~erry & Reiter • 3 ~ Adrlirss ° ~ ~ P.O. Eox 9~7, kest Palm Beach, FL , - = ~5~~$~: ? _ _ _ . ~ _;'y~S~ r . . . . . . . . , , . , _ . _ . . . _ . . .