HomeMy WebLinkAbout2391 nnd ahall per)orm, comply with and a6tde 6y each and eoery the ag~eements, slipulufions, condilions and
covenants thereo~, and o~ this mortgnge. Ihen this mo~tga~e aRd ~ha estate here6y c?eated, shall cease. de- ;
te?mine nnd 6e nu!! and t~oid.
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~ tl~e mortgago~ he?e6y ~u?ther covenants and agrees to pay promptly when dtie tl~e principal ond
interest and other suma o~ money provided (or in snid note aad lhis mo~tgage, or ettf~er: to pay a~~ and
singular the taxes, assessmenfs, levies. Ita6ilities, o6ligations, and encum6ronces o~ every nafure on sai~I pro-
perty; fo pe?mif, commit or su~fe~ no wasfe, impairment or deteriomfion o~ said ~and o~ ihe improuemenls
thereon at a~y time: to Ireep fhe 6uildTngs now or he~eo~te~ on said land )ully nsured in a sum of not lesa
than Twenty five thousand five hundred eighty and no/~00. 1
in n company or companies acceptable lo the mortgagec+, Ihe poltcy or policies to be held 6y, and payable
to, said mortgngee, artd in the euent any sum of money 6ecomes ~xiya6le 6y i~irtuc+ of such insumnce the
mortgagee s{~nll 1~ave the ?ight to ?eceiv.e nnd apply the same to 1he inde6tedness lu~re6y sec~ued, accounting
to !he mortgagor ~or any surp~us; to pay a~~ oosfs, charges, anc~ expenses, inc~uding ~awyer i(ees and tit~e
searches, reasona6ly incurred or paid 6y Ihe morlgngee becnuse o) tf~e (ailiwe of fhe morfgagor to promptly
and ~~lly comply witl~ the agreements, stipulafions, condittons and oovenants oJ said note and fhis mortgage,
or eitl~er: to perform, rnmply with and abide by each and every the agreeme~is, stipulalions, conditions and
eovenants set ~orth in saic~ note an~ fhis mortgage or either. ~n the euent lhe mortgagor (ails to pay when
crue uny tax, assessment, insurance premium o~ ofher sum of money payab~e ~?y uirtue o~ said nole anc~ t/~is
mortgage, or either, the mortgagee may pay fhe same, u~ifhouf waiving or aJfecting the option to jorec~ose
o~ any ofher ?ight ~ereunder, and nll such payments sl~all 6ear inlerest )rom date tl~ereo( at fhe highest law-
/ul rafe then allowed 6y !he laws o) !he Sta~e oJ Florida.
any sum of money herein reje?rec~ fo ~e not pro:npl~y paid u~ithin Y~llrty c~nys next a(ter
t~te same becomes c~ue, or if eoch and every the agresments, siiptilntions, eonditions ancl coc~enants o~ saic~
note nnd Ihis morlgage, or either, are not jully performed, compliecl wifh and ab~ded 6y, then the enfi.-e
sum mentioned in said note, and this mo~tgac~e, or the entire 6alance unpaid t{~ereon, shol[ Jortlw~ilh or
thernajter, at tl~e option o( the mortgagee, become and 6e due nnd paya6le, anylhing in said note or herein
to t~e contrary notwithstanding. Fnilure by t~e morlgac~ee to exerrise any _of t{~e rig{~ts or optioru kerein
provided sha~~ not conslitute a wai~er o~ any righfs o~ options unc~er said noie or fhis morfgage nccTUed or
ifier~¢n(ter acc?uing.
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~l••,.•~'>': • { ~n ~~LI~JJ ~IL~`~Ol f~e mortgagor ~as caused these presents to
•(('~DRPORATE
~<='J~ ~1L) 6e executed in its name, and its corpomte sea! to 6e hereunto aj/ixed, by ~~s
proper o)jicers tF~ereunto duly aulhorized, eF~p doy and yea~ (irst above written.
; ATTEST--------------------------------------------------~----- " Scott-Johnson, Inc.
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~ Srcretary
~ Signed, sealed and deliueret~ ' t{~e presence o/• ~ , ~
~
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a/ B h~•---•- '-r'-~=!••'-•-`--='`•:2':_ .
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~ f ILf ~ A~ ~ ECQROEO V ~
3'i_ LUi~~ ~ j i~+11r fLA.
( - i:Ot.F' .:,1tSR?S ~ r
Cl:~f. L~ ,:U' COURT ~
FE•-''~- ~ ~
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prt~ ~ 2 5~ PM'~~
Oi FIARIDA 2~$~~5 ~
p,. ` t
~rU11~ O` ST. LUCIE
1 HEREBY CERTIFY ilae ~ e6~ day. [x(o.+r ~ o//icer dulr aw{wr~ud ~ i6~ ~a~. a.wl Co~.~y a/o..,v~d io iak al~~-
~.~nl[r ~w~d
Edmond D. Johnson, Jr.
u~rl~ 1e?wu~n fo me to be tlK Pnaiden! and respecliveiy o~ l6e cvrporation narnrd w
mortgogor in !{~e ~ongoing 'uufn.men/. und l~n1 I~ey serrr~a~~y ac~rnouae~ ~ceruliny lht sarrw. in ftie prrsencr o! fuw su6uri6ing u~itnessea.
(reely and oo~unfari~y under aut~o?i/y du~y rrsltc~ in Itirm 6y saiJ co~poration an~ lhat Itie seo~ o~~ixrd Itierrto is I~e e?ut corpo?d~ saa~ .+r
W' said cn.po.ati«~.
~ wrrn'ESS my ?~d ~d ~1/~;d xd e?K c~~p ~d s~a~. o1a..~d 4th dar ~1 April
a. n. ~9 74
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NOTARr ?UbllC STItTF pF fLORiDA AT tA~OI
~ ~ C•, ~~,~f,,~ µr M~A!$$fpN EX?IRE~ FEd. l~ i
i ~ r~' t~~ i'. ~'~D iM91J GENERA[ INSURANCt UND!If WRllE~ r
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