HomeMy WebLinkAbout1850 and shall perJorm, comply u~ifh and a6~d~ 6y each and every Ihe agreements, stipulalions, condilions and
rnvenants thereoj, ane~ bj lliis mortgage, t{aen this mort~ade ane~ Il~e estate ~ere6y creafed, shall censo, c~e-
te~mine ancl Ge nuU an~ voi~. ' r
IU~~' fhe mortflagor hereby Jurther covenants ond agrees to pay promptly wl~en due tl~e principal and
interest a~d othe~ sums oj money provided /o~ in said note and this mortgage, or either; to poy alI and
singulnr the taxes. assessments. INVies, lia6ileties, o6ligations, and encumbrances o/ every nafure on said pro-
perfy; !o permit, commil or suJ~er no u~asfe, impairment or c~eteriornfion o( saic~ ~and or fhe improuements
diereon at any time: to keep the buildings now or he?ea(ter on Sa~d !a?~d ~ully insured in a sum oJ not less
i1,an the full insurable value.
in a company or companies accepta6~e fo ihe morfgagee, !~e po~icy or po~icies fo ~e I~eld 6y, and poyable
fo, saicl mortgagee, ancl in Ihe ei~ent any sum o~ money becomes payub~e ~,y uIrfue oJ suc~ insumnce Ihe
mortgagee shall have 11~e ripht to ieceive anc~ apply the same to fhe inclebtedness I~ere6y secured, accounling
lo !he morfgagor ~or any surp~us: fo pay a~~ cosls, cha~es, nnd expenses, inc~uc~ing ~awyer~s (ees and title
searches, rensona6ly incurred or paid 6y Ihe mortgagee 6ecause o/ 1he ~ailure o/ the mortflagor to promptly
and /ul~y comp~y u~ifh t/~e agreemenfs, slipu~ations, conc~ifions anc~ covenants o( saie~ nofe anc~ this mortgage.
or eilher; lo perform, comply with and a6ide 6y each and every tf~e agreements, stipulations, conditions and
covenants set ~ori~ in sait~ note anc~ Ihis mortgage or eit~er. ~n !he event f~e mortgagor ~ai~s to pay w{~en
due any tax, assessment, insurance premium or other sum oj money paya6le by virlue oj said note and tl~is
mortgage, or either. Ihe morlgagep mny pay t~e s~me, wittiout waiuing or u~fecting Itie opfion to ~orec~ose
or any otf~er rigl~l hereunder, and a~l such payments shall 6ear interest /rom date thereo~ a! t~?e htghest jnw-
f ul rate t1~en allowed 6y the laws o~ the S1ate oj F[orida.
any sum o/ money herein re~e.rred to 6e not pro:nptly paid within Thirty days next afler
the same becomes due, or i~ enc1~ and euery ll~e agreemenls, stipulations, conditions and covennnts o~ snid '
note and tl~is morfgage, or eilher, are not /ully perJormed, complied with and n6~ded 6y, then the entire
stun mentionecl in said note, ancl this mortga~e, or fhe enlire ba~nnce unpait~ thereon, shall ~ortluqith or
tl~ereaJter, nt the oplion oJ tF~e morlgagec~, become and 6e dae nnd payn6le, anything in snid note or' herein
to f~e conlrary nolwithstanding. Fai~ure 6y ehe morlgagee to exercise any o~ t~e rig~ts or options ~erein
provided s~ial~ nof consfitute a wairer oJ any righls or oplions uncler saic~ note or this mortgage uccrued or
thereaffer accruiny.
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, (CORPORATE ~n ~itness ~hereof tl~e mortgagor f~as caused these presents to
~ SF'AI_) 6e executecl in its name, and its corporale seal to 6e hereunto affixed, by its
~ ro er o rcers thereunto
p p )E' dujy aut{~orized, the day nnd year ~irst qbofi~,ty~itten.
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i ATTEST•. B& A INDUSTRIES , ING~:~~S ~~,I:~~~~~-;
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$igned, seajec~ ancf cle~iverec~ 'n t e presence of : , ~ ! : ~~l ' ~
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BY---•,..""""""""". ~ 3
- William J. B ssem~,: ~ ~ _ ~
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~tate of FLORIDA
~OUII~ Qf ST. LUCIE
1 HEREBY CERTIFY iba~ ~ d,;, day. bP~a. ~ oJJ;n. d~.lr awbo.~ud ~ d~ Sme~ ~d Co~„~r aJo.r,o;d a~«lew~~-
menlf. penonally appeore~~
WII;LIAM J. BESSEMER
~?r Mo~ ~o ro ~t~ Presi~nl ~t ~K ~
rn.~o.er ,b,~ed os ~
mortgogo? in /tit ~aegoing inslri.menl. and Itia! Iti~~ srvero~~y ac~nourredged rxeculing Itie same. in Itie prestncar of lu~o subsuibing wilnesxa.
~rnly ond voluntanly unde? nutl~orily duly resled in ~?Km 6y soid owpora~ion ~d iha ~6~ ted af~iied I/~ereto is tl~e In~e cwporwe seo~ o(
said cwporalion.
wrrnr~,ss my ti~ ~d ~~~rid ua~ ~r~ c«.~,~, a.~a s«~ t~ ~«,~,~a 6th a~r ~t November
a. n. ~9 73. ,_.,'~,~i~~Q~,;~~,~
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' ROCEP. POiTRAS NOTAR PUBL~C-.---State ;0,~%~~~L'1'Cl8'•.~~ }
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My commission expires"s,~~•~;,7~•~,~-
No~ l IQ is AM'73 '~-.,;~a,~~,;:~~'
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