HomeMy WebLinkAbout1184 and shall perjorm, comply witl~ and a6ide by eac{~ and every the agreemenls, stipulntions, conditions und ?
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eovenants the?eo), and o) this mortgage, th~n Ihis mortgage a~~d ~h~ P3~Q~P hereby rreafecl, shaU cease, de-
temtine and 6e null and void. ~
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~ the mo~t9agw here6y juriher rni~enants and a9reea fo ~ay prompfly when clue !he principal and ~
tnte?est and other sums oj money provided ~o~ in said note and tl~is morlgage, or ettl~e~; to pay a~~ nnd
singu~nr the taxes. assessments. ~evies, ~iabi~ifies, ob~igations, ant~ e~cum~mnces o~ every nafure o~ saic~ pro-
perty; to perm[t, commit or su~~er no waste, impairmenf o~ c~eleriorafion of snid land or fhe improvemenls ~
the?ron at an ttme: to k e the 6 ildin s now or herea(ter on said Iand ~ully insurecl in a sum o~ not less J
than Nineteen t~iousan~ an8 no/100. ~
in a company or companies acceptab~e to f~e morfgagee, 1{~e po~icy or po~icies fo f~e he~c~ by, and paya6le ~
to, said mortgagee, and in the event any sum o( money becomes payable 6y ni?tue o~ siich insumnce the
mortgagee shnll have the right to receive ond apply the same to ihe inde6ledness h~~reby secured, accou~ting ~
to the mwfgagor Jor uny su~plus: to pay a~~ cosls, c{~arges, ancj exppnses, inc~uding ~awyer s(ees and tit~e ~
searches, neasona6ly incu~retl or paic~ 6y tl~e mortgagee because oj the joilurc+ of Ihe mortgagor lo promptly
and Ju~~y comply wit~ the agreemenfs, sfipu~ations, conc~itions an~ couenants oJ saic~ nofe and Ihis mortgage, ~
or either: to perfo~m, comply witf~ and n6ide 4y each and enery t~ie agreements, sfipu~afions, conc~itions nnc~ ~
covenants set ~orth in said note and tf~is morlgage or either. ln !he e~enf 1he mortgagor (ails to pay wF~en
due ~y e~r, assessment, insurance premium or other sum oj money paynb~e 6y ~iriue o1 saic{ notR and t~is ~
mortgage, o~ eit~er, the mortgagee ??~ny rxiy the same, wifhouf watving or af(ecting t~?e opfion to jorec~ose ~
o~ any other right hereunder, and all such paymenls shall beur interest Jrom date thereo/ nt the hig6est law-
f ul rate then allowed 6y the laws of the Stnte of Florida. '
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~1 any sum oJ money herein reje?red to 6e Rot pro:npt~y paic~ wit~in thirty daYs next n(fer
the snme becomes due, or ij eacl~ and e~~ery II~e ac~reemertts, stipulalions, conditions and co~enants o( said
note nnd lRis mortgage, or either, are not f ully ~~f
ormed, complied wi1l~ and ab~ded 6y, then the enti?e
sum mentioned in said note. ~d ehu mort~n~e. or the entire 6alance unpaid thereon, s?~nll (ortFuuith or 3
~ therea/ter, at tl?e option of the mortgugee. 6ecome anel 6e due ancl paya6le, anytf?ing in said note or herein
fo tF~e contrary notwitFutanding. Failure by the mortga~ee ~to exercise nny o~ t~e rig{~ts or options ~erein ~
` prouided shall not conslitute a waiver o( any ri~hts ar options under said note or tl~is mortgage accrued o~
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~ thereatt~~. acc?uing. -
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;~~'~CURPORATE ~n the morlgagor has causec~ these presents to
` " SEAI.) be execut~ in its name, and its corpomte seal to be hereunlo ajjixed, by its
roper f~ice ereunto t~u~y authorizecl, the day and year (irst above writfen.
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i ATTES .l lk-~_--°•-- srcrela . -
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~ Signed, sealec~ antl c~eGvered in t{~e presence o~: ` ~
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..................•---•-•-----~-"•-'---t- ST. LUC'.~ :.:1;:HTY FLA. ~
~ RB:,_~ :~`:TRAS '
CI~P~. C: ::_+~~3 COURT
Gr^r, ~ y_~:c cp ~ ~
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MIaR [l i 5a PN'T~ `
I Q~ Florida 2~8~~
~ 0~ Lucie ~
St. ~
' 1 HEREBY CERTIFY tlw~ on tl~ts dny. 6rJon mr. an oJ(icrr duly autl~wized in Stat~ arrl Courdy aJonsaid to !ak arlvwuaedg-
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n~.~.attr arv~~d ,.I~ ~~/C v r'l`
Edmond D. Johnson, Jr~~
urll 4rwum lo mr to be the President und respecli~ely o~' Ihe cn~poralion rwn~ os
; morfgagor in ltit ~oregoing insl?umenf. and Itia! t~ey seoern~~y oc~eno~~edg~ execuling Itir sume. in ftie prrxnce o, fuw su6scri6ing u~ilnessrs.
(rr~ly and ooluntarily urrler nuthorify duly nested in t6~m by soid rnrpora~ion and ehat ~6e sral af~i.crd d~ereM is ~I~e Irue cw~wmle seal o~
~ sai~ torpordion_
tVIT~\TF_CS my ~ur~ and o~~iria~ sea~ in l{~e rounly arw~ Ctdr ~ust a~arsaid ltii< 213t• ~oy o~ Mareh
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