HomeMy WebLinkAbout2902 and shnl~ perJorm, comply u~ilh and al,id~ by ~ach an~l ~ve~y Ihe A~~@PR1P/1~3, slipulations, n~nditions and
co+~enanl~ thereo~, an~ 01 t~~ia mo?IgugP, IE~en fhis morl{~a~e ~n~ 1~~P estaf~ IIP~e~~~y crec~t~~~~, sha~~ i•case, c~e-
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nlLii thP rnortgagor herP~,y ~urther covenanfs and a~rees to pay prompt~y u~{~en c~ue II~e principal an~
interest and olher sums of money proviclecl ~or in said nate and this mo?lgoge, or eiiher; to pay aU and
singula~ tl~e taxes. ~ssessments, l~vies, linbililies, obligalions, anc~ encum6rances o~ every nafure on saicl pro-
perly: to permit, commit or su((er no u~aste, impai~m~nt or deteriorulion oj sai~ lan~ o~ fhe improvemPnis
thereon at uny time; to k~~p ~hp buildin~s nou? or I~ereajtpr on said [u?ic~ (u1ly insu~c~ in a sum oJ not less
than Eighteen Thousand and no/100-----------------------------------
in a company or companies acceplaL~e fo 1{~~ mortgagee. /~~e po~Fcy or po~icies to be ~e~d ~y, and payable
fo, sai~ mortgagee, and in tf~e euent any sum o~ money f~ecomPS ix,ya61P tiy t~irfue o~ suc~ insurance t{~e
mo~lgagee shail ha~~p t/~e riQht fo rc~ceii~P nn~ apply t{~e sam~ b the inde6ied?iess {tpr~I~y sPCUred, accounting
io I~e morfgagor ~or any stet~~tis; to pay n~~ costs, c~arges, an~ expenses, inc~uc~ing ~aevye~~s Jees anc~ fil~e
s~arr~es. reasona6ly incur?ed or paic~ 6y th~ mortgngep hecausp o~ t~~e ~ni~ure oJ the mortflagor to prompt~y
an~ ~u~~y comp~y with the agreemenls, stipu~alions, cortrlifions an[I covenants o~ snic~ note an~ this morfgage.
or eilher, fo perJorm, comp~y wi!{~ and ahi~e hy eac~ artt~ erery fhe agreements, stipu~alions, cont~itions nnd
covenants set f
orth in said note and this mori~nge or either. In 16e erenl t~e morlgagor ~ails to pny when
cjue any tax, assessment, insurnnce premium or olF~er sum oJ money payable f~y virtue o~ sai~ nofe anc~ thes
morf~age, or either, thp mortgagee may pay f~e same, wif~~out wairing or a~fecfing the option fo ~orec~ose
or any otFier rigl~t {~ereunder, anc~ aIt sucl~ payments sf~al~ bear internst ~ro~re clale t{eereoj at the f?i9i?est lau~-
~ juI rate i1~en allou~ed by the lau~s o~ the StatP of Florida.
any sum o~ money I~erein ~eJprretl fo 6e nol pro:nptly paic~ u~it~in thirty days ~text af fer
~ the same hecom~s c~ue, or if eac~ ancl enery tlie agreemeriis, stipu~afions, COR~tI%ORS anc~ rni~enQnts o~ saic~
! ?IO~P aR~ ~~IIS ~/IO~~(jQQP. 01' PI~~QI', Q~P ?l0~ IU~~}~ PP~jOtRiP~, COlltpll~ !!~l~~ qp~ a6;d~1 6y, ihen ~RB entire
( SU?11 mentionecl i!t SAId IIO~P, QII~ IJItS morlqage, 07 ~~P PA~IIP ~Olance unpaicl ~~C~POR, SRp~~ ~O~~RiI~lt~ Or
~ tl~erea~ter, at the option O' ~ItP mor~~ag~e. 6ecome and he due and payable, anytF~ing in said note or herein
1 to the co»frary notu~itJesfan~Iing. Failur~ tiy f~ie mortpnc~ee to exercise any of ftie riyhfs or options herein
I
proi~i~PC~ s{~a~~ nof conslilule a waiver oJ any riry{its~or opfions uncjpr said nofe or this mortgage accruec~ or ~
i~ lhpreaf ter nccruing.
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~n ~'ditne~~..~hereof tF~e mortc ~c or has caused these resenis to ~
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f;~';:: G- 6e eaeruled in ils name. nnd its cor
porate sen~ to be E~ereunto a J(ixed. b y ifs ~ -
y,'• proprr o~f ic•ers thereiuito cltily aulhorizecl. the day and year f irst a6ove written.
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~ ATT~ST:..--••-• - Fair_.and__Powell _Construction Cc_''---Inc.
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4' S19p , SPAIPA RR~ AP~IDPfP~ I/l~l n~P5P/1CP OJ: ` ~ ~ ;
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Florida
Qf st. Lucie
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t tir:urR~~ ~~~rrri~~• ~h~~ on IE~is ~~~~~t ~W~~xr mr. we of(i~ri aid~~wi:xd in thv ~lutr aru~ ('ounly a~nrrwi~l fo lakP a<<enou•ledy-
mrnlc. ~Nrsor~ly ap~wurrd James A. POW@il and James Fair
f
~ Vice President
nw~~ lrnou•n lo rrr eo 6r tl~r Prr.iJ~•nl an~r ~r<r.r~li~r~y IhY CMfMfpIl/M namr~~ as
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, mtrlya,yw in Ij~r ~orvgoing insfrumenL mu~ thal f'~re s.~rrn~~y a~-~nuu~~•~qe~~I rt~vu&ny lJ~~• sonw•. m I~~r J/fPWRfP ul tu~o su~scri{iing ~rifnPSwa. . ;
~ ~/1'P~)' 11l1t~ I'Wt~llfllfl~~' I/III~Yf 411~~I(NI~~' IJfl1t' f'P~jYI~ fft lltl'/fl ~1' SlJl1~ f'WfNMI~IUtI 1V11~ ~~II~~ ~~IP .W(l~ U~'17P1~ ~1t~'f~'~O It ~~P ~~IIP ~'W~l[Xp~P 4'(~~ M
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~ ~ ~ ~~~~1/:ti~ my hum~ oru~ u~~i~~i~ <eu~ in t~~e ~ ounly un.~ ~tub• ~asl a(urvsni~ l~~is 18~}~ ~{uy o~ October •
.1. 1). Io 73
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