HomeMy WebLinkAbout2767 untr sha~~ per~orm, comply with and a6ide by ~ai•h and ~~oery tha af~ree~ic>nts, slipulntions, canclitiuns and
conenanls Ihereoj; and o/ lhis mortga~~. Ihen this ntort(~a4~e a?id the ~st~ite h~~~I?y r?~nt~d, sl~all cease, de-
termine and 6e null and noid.
I11N~ flie mortflagor Iiere~y (urtl~er cot~enants anci ngrees to pay prompt~y u~~~en ~~ue ftie principa~ and
interest and othe~ sums oJ money provided (or in said note and this mort~nge, or eithe~: lo pay all and
singular the tnxes, assessments, lei~ies, lia6ililies, o6ligations, an~I enciiml,rances o~ every nafure on saic~ pro-
perly: fo pe?mif, commit or sujfer no u~nsle, impairment or e~elerioralion oj saicl ~anc~ or the improi~emerats
thereon at any time; to keep the buildin~s now or I~ereajler on said ~and ~tilly insur~l in a sum o( not ~esa
~han Forty Thousaud and No/100--------------------------------'-" '
in a company or companies accepla6le to ihe mo?f~ageA, the po~icy or po~ici~s to ~~e h~ld I>y, and payable
to, saic~ mortgagee, anc~ in t{~e event any sum of monPy ~,ei•omes {x~yu~~~c+ ~~y ~~i?fu~~ o~ suc~~ insurancp fhe
mortgagee s~a~~ have t~e ~ight to receii~e an~ apply thP same fo Ihe in~~~.tec~ness ~~ere~~y securec~. R~counfi~ig
1 to fhe mo~tgagor ~or any surp~iu: fo pay a~~ costs, chames. and expenses, incl~u~incJ Iau~yer s jpes anc~ fille
I searches, reasonah~y incurre~ or paicr ~y !he mortgng~~ tiecnuse oJ Ihe (ai~ure o~ I~ie morl,qaqa~ fo prompf~y
( anc~ ju~~y comply wit~ the agreemenfs, slipu~alions, con~ifions and co~~ennnls o~ saicl nofe ancl Il~is morlgage.
` or eifher, to perJorm, comply u~it{~ anc~ a6ide 6y eacF? an~ everV f{~e agr~emenls, stipu~ations, conc~ifions and
covenanfs set ~orlh in sai~ note anc~ this mortga~e or i~ifher. ~n Ihe event the mort~a~or (ai~s to pay w~en
c~ue any tax, assessment, insurance premium or ot~ier sum oj money payaf~Ie hy ~~irtue o~ saic~ nofe anc~ t~is
~ mortgage, or eilher, the mortgaflee may pay Ihe sam~, wif~~ouf waiving or a~~c~cting the opfion to jorec~ose
~ or any of~e~ righf herewuler, and all such pnyments shall bear inlerest )rom date thereoj af Ihe higliest ~au~-
~ ~ul rate Ihen allou~ed by tF~e lau~s of the Stale of F=lorida.
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~ ~l nny sum of money herein r~Jerr~~ lo E~e reot pro:npf~y paicl u~itf~in 3~ days next nJfer
ii f~ie same hecomes c~ue. or iJ each anc~ e~•ery 1~+~ agreements, sfipu~ations, con~itions an~~ covennnts o~ saic~
~i note and tl?is mortc~age, or either, nre not fully per~o?mec~, complied wit{~ anc~ a6~dpd by. l1~en tlie e~ntire
~i sum mentionecl in said note, and t1~is morlqac~e, or the enlire 6ala?up unpaid ther~on, shall )orthu~if{~ or
i~ therea(fer, at t{~e option o~ fhe mo?tga~~e~, E?~~ome and be due nncl paya6le, anything i~ said note or {~erein
fo the confrary notu~ifhstan~ireg. t=ai~~a~ ~,y f~~~ morl~nyee to exerrisp any o( t{~e rig~fs or optioru herein ~
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provic~ed sha~~ nof roristit~de a u~aiuer o~ ariy ric~tits or opfions uncrer saicl note or this mortgage nccruec~ or
therea~ter accruiny.
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~ - ` ~ _ ~n ~~tness ~hereof t{~e morlgayor has causec~ Ihese preseRts to
~ - ~ : ~ ' RPDRATF_
E _ f: J : be executecl in its nnme: and its corporate seal to 6e {?e?eunto a~~ixec~, hy ifs
~ ~ q~~~... " ~roper oJ~icers t{iereunlo c~u~y aut~iorizec~, tl~p ~ay ancl yea~ first abore wriften.
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; ` ; . ----.._B & B MACHINE SHOP, INC•---------
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4 • e re en~ r,.,~~,:,~,.
~ Signed, sealed and deli~ ered in t e prns~nre of : ~
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~ ERl. C:?iU;; COWtT 4
~ I R~C~~~^ Vta;.~EC~„~
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~ ~i Florida ~ ~ i~~~'7J~~
~ St. Lu~ie ~
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~ 1 Hf:REBY CERTIFY ~ha! on l~is ~a~. ~re~orv mv. an oj(iiw ~u~v a~~~ho.;:Rd in Ihv tl~dr nn~~ ~~ounty a~wvwi~ fo ta~rv nr~enou~e~g.
~ i; ~?~„~,?t. ~vP~?p~ Harry L. Bishop and Lavon Bishop
~ ~
I' Vice President
- ~~~eII Gno~rn lo mr fo ~.e tf~v PresiJvnl an~~ r.•s~.P~tire~p o~ IRt cor~rorulion namv<~ as
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- rtwrlguyor in lhr ~oregoiny inaUum.~nf. ~nc~ f~nf IhPy serrru~~y ar~inuu~r~~gv~~ P1PfUI1~11~ I~P x~mr, in i{~v pmsrnrr o~ lav su~rse'ri~.ing uilnessvs.
' j! (r~•.•~~ nn~1 ro~untanly um6•r au~6ont~ r1u~y twstr~l in tl~em 6~ wi~~ rorl.uralion and Il~a! 1{~~ wu~ u((i~.~~~ tfi~rrfo is ~RP Inie c.rryrorat~ sra~ o~
" ~ i Nli~~ ~~W~r[M(IIt~M.
!i ~~'rr~?:~~ ?,a~d a.ut ~/~«;d 5P~1 ~~P c-o~.~~, ~.nJ Clafe I~~~~ ~ ~ti~. 20th. ,t~,- December
i~ n. ~073 .
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~ a 4+ ' NQTARY i~~c'~-L!C S~t,~i~ OF FLC AT 1 ARG
Y~ ~~~~'~~IU`! CXP~P.fS t~uY 12, 1975
ry;.ve = c~ ~ MY CO~.,,,,,
• • ~ ii~EivtRAl iN5URANCE U~`iJtK~n~f~tK,,
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~ . - _ ~ 223 P,1~E 2767~
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