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HomeMy WebLinkAbout1658 an~ shall perJorm. t~mply u~ith and a{>id~ 6y en~~h an~1 ~i~ery t{~e n~re~mc~nts. slipulutions, conditions an~l covenanis l~iereof, anc~ o~ Ihis mo~fga{~e. Ihen fhis mo?Ifi~fl~ ~n~~ f~i~ ~•stcif~ ~u~r~~,y ~•rrnt~I, s~~al~ ~•~~ase. c{e ~ te~mine and 6e null and void. ~~1~ the mort{~a~o~ ~~ere~,y jurlher couennnts and aprees tu poy promplly ~i~{~en c~ue i{~e p?incipal aacl inferest and ofher sums oJ money prov~cle~ ~or in said nole anc~ i~is morfg~~e, or eit~er: to pny a« anc~ ~ singular the taxes, assessm~nls, lPPtf'S, lin6i[ilies, obli~ations, and encumLrances o~ ~~i~~?y nalure an saic~ pro- E E perly: fo permif, commif o~ suj~er no u~asfe, impairment or creferioration o( snic~ ~~ncr or t{~e improi~c~menfs t~ereon af any fime; fo {ree•p f~~e ~ui~crinf~s now or I~erea~f~r on sai~ (anrl fti~ly insr~r~~j in a sum o~ not ~ess than Sixteen Thou sand Five Hundred and No / 100 - - - - - - - - _ _ _ _ _ _ _ in a company or cornpuni~s acc~plah~e !o ttie morf~a~~r, I~e po~icy or po~ic•ies to hy. an~~ payahle ~ fo, saic~ mortgageP, anc~ in f{~e evenf any sum of money ~,ec-omes payci~~~e ~~y rirtuc• o~ suc~i insurunce fhe ~ mortgagee sl~all have I~e rigRt to rc•ceii~e anc~ app~y !he same !o ihe ind~6fPC~n~ss ~erreE~y securecj, accounting to 1I~e mortgaflor jor any surp~us; to pay u~~ cosfs, charges, and expPnses, incluclinJ ~au~yer~s ~evs a?ic[ til~e seurches. reasona6ly incurre~ or paic~ ~y I~ie morfgagee because o~ fhe ~ai~t~re oj t~~e mortga~or to prompfjy and )u~~y comp~y wit{~ fhe agreemenfs, slipulafions, conrlifions an~I covenants oj saic/ note anc~ fl~is mortga~e. i ~ or eit~er; to perJorm, comply wif~~ and nbide by each and ei~e?y ftie agreemenfs, slipu~u[ions, conc~itions ancl eouenants sef jorth in saicj note anc~ t~~is mortryage or either. /n fhe enent thp morfga~o~ ~ails to pQy u~hen ~ue an lax, assessment, insurance ( y~yQbie by e+irttep o~ saic~ nolp ana fhis ~ Y premium or oth~r sc~m o mone mortgage, or eifher, fhe mortgn,qee may pay t{e~ samp, ~e~if{iouf u~ai~~ing or a~~ecling f~P oplion fo ~orec~ose ~ or any ot{eer rigl~t I~ereunder, and aII seich payntNnls sliall ~rar interest ~rom date thereo) nt 1{~e hiphest law- ~ /ul rale then allotvecl by Ihe lau~s oJ Ihe Sfale of ?=lorida. ~ ~ > ~ ~ any sum o( money fierein referrn~I fo he nof pro:r~pfly pae~ tvil~~in 3~ days next aJler ~ the sarne becorn~s ~i1P, or if pac{i and en~ry the agrnements. slipulations, conditions ancl coi~e?iants o) said ~ ~ nole and Il~is morlgage, or eitl~er, ar~ not (ully perform~d, complied wi1{? and a6iclec~ I~y, t1~en t1~e entire yr s~im menlionec~' in said r~ote, and t1~is mo?tga<~e~, or l1~~ entir~ 6aCa?~ce i~npaicl tl~ereon, sha~l ~orthu~ith or ~ ~ ttierenJfer, nt t~?p opfion oJ f{~e morf~a,ye~, ~~hcomP anc~ he clue anc~ ~ ~ ; payahlp, anything in sai~ note or herein . ! to fhe cont~ary notwithstanding. I=ailure ~,y t~ie mortgac~~p fo ~xercise any o( ftie rights or options herein ~ pro~icred sha~~ not constitufP a u~aiuer oJ any riyhts or oplio~is unc~er sai~ note or tf~is mortgage necrued or s therenf ter nccruing. , ~ ! - ~ ~ ~ ~A :K~.....;~'~'r~,~~ ~ 1~ ~ , ~ ~ ~ 'F : i - J, J. ~ ~ ' . ~w ' ~ : ~C ~ . jC~ j J • ~ `#r 1~ , ~ ~ ' {~RPO~ ~.~E ~n ~~tness ~'dhereof the mortgagor ~as caused these presents to , • ~ SE;u-~ he executecl in ifs name, and its corporate seal to be hereunto a`Jixed, 6y ~~s ~ proper ojjicers thereunto ~/u~y n~dhorizecl, tl~e day and year ~irsf aliove writ[en. s 1 " - ; ~ BACKUS ENTERPRISES INC ~ AT('EST:- -'~.c' , , , - - - - - ~crrtary , ~ Si~ned, sealed anc{ c~eli~ered in ll~e pres~nce o/: , ' ~ ' , v~~?_. ~ ;1 • 'f..DCtn..- . ~,~~../c-~. ~3v.~l..- - ----~1- - I " y , - - - ( • ` F1LE0 Ai• _ Y.r.CTY flA. Pre~iJ~n -----.~-a.a.-cY--.~:..7ks.-~~,c~1.-~ - S~.~uC:t .ouN~~s 1 7' p0~~.c~•, ~_e • ~ .01lRT m~ a`CIRf ~ 3 32 ew'~ 3 I! ~ 5 - j! Of FLORIDA I~ ~~`J ST. LUCIE 2r6~~~~ 1 HF.RF.BI' CF.RTII-l" ~bae ~6~: day. a„ ~~l/~~. d~dy a~~rh~,.~:,Pd ~n e6~ ~rurP ~~d ('o«.ar.• e/aP~;d ro ia~ ~~bw„d~d$- rx,~.,~lty an~o„rd FREDERICK B. GUHSE and FRANK H. FEE , I I I ~ 1 ¦ ~ ~ 41V~'1_ ~l101171 [O RIP ~O ~ ~~IP ¦~lP511~Y/1t Q/11~ Secretary rv~~walirv'~ O' ~/1P fOf~NX~I~IIM~ fMRIPI' QS V , Ro~~~yi~f~,~n I~e j~xegoin,y inslrurrwnl. an~ t{~al I~ry serrrqj~~ nr~rnou~rrigr~~ rcrculinq IF~v samv, in Itir prv,wncv ol lu~rr su6scriLing u~1~u~ssPS. ~~rve~y aAt~ tviuntan~y ~w~vr aulhoriN ~fu~y restei~ in I?~rm ~r~• wi~~ iM~roruli~n an~ t{~ql Il~p a•n~ nf(i~~~~~ Itievvfo is 1{~P Irue cor~wrofv xa~ o~ . ; '`•.~`~,"S°'p°~a'°". : > ~ ~vrr~~res my ~,~t o~l«~d 5Pd ~tiP c-~~.,,~. ~<<,~P ~~.s~ ~~aP.~a 5th aa> „~November, . . l..e :;..n.~~U 73, ~1 ~ `~o J - .~a-~ ~ - ~--:-'`-LYY- ---`1'~.----- Notary Publi~, State of Fla. at Large My Commission Expires: 2-7-77 . aoac 220 P~~16~5 I I ; _ _ _