HomeMy WebLinkAbout1538 nn~ shall perJorm, comply u~il1~ and ubide bY e°~h and ~'~'pry ~he agreements, slipululions, conc~itions and :
covenants thereo(, nnt~ o~ this mortga~e, fl~Pn Ihis morlgafle and tllP PSIQIP h~~rehy crnated, sha~l cruse, de- ~
termine and 6e null and void. ~
~ the morlgagor here6y jiulher coi~enanla and agrees to pny promptly when due !he principal nnd
or in satd note and this mortgage, or either: to pay all anc~
inierest and olker sums o~ money provtded ~
singu~ar Ihe taxes, assessmenfs, lpt~ies, ~ia6i~ities, u6~igato~ c~etenoraliun of said~~nt~ ornihe~in prov ments
perty: to permit, commif or suJJer no u~asle, impairment
Ihereon at any time; to leeep t{~e 6uildings now or herea~tpr on said lancl )ully insured in a sum o( not less
than Forty Thousand and no/100---------------""'
in n compnny or companies accepta6~e (o t~ie morfgagee, t{ie po~tcY o~ po~tcies to ~~e h~~c~ ~?y, an~ payn~~e
to, saic~ mortgngee, and in the event any sum o( moiiey becomes payable by i~i~tue o( siich insurance the
mortgagee shaU hnve the ~ight to receii~e and apply the same b the inde6fPdness herpby secu?ed. accounting
fo fhe murtgagor (or any surp~us: to pay a~~ costs, c~in?pes, anc~ expenses, inc~uc~ir?g ~au~ye~~s ~ees and tit~e
searc{~es, ?easonad~y incur~ed o~ ~~a 6y rf~p morfgagee tiecause oj Ihe ~ai~ure oJ the mortgagor fo prompt~y
and fu~~y comp~y with f{ie agreements, sfipu~ations, conclifions anc~ covenanfs of saiel note ancl Ihis mortgage.
or eitF~er: to per)orm, comply wit{~ and abide by each and every the agrepments, stipulalions, conditions and
covenanfs set jorlh in said note and this mortga~e or eilher. ~n f~p erent l~ie mortgagor ~ai~s to puy w{~en
due any tax, assessment, insurance p~emium or otl~e~ sum o( money payab~e tiY i~irfue o~ said nole anc~ this
mortgage, or eifher, the mortgagee may pay the same, u~ifhout waiving or aj~ecling t~e option fo ~orec~ose
o~ any other right I~ereunder, and a~l suc{~ pnymenls shall 6eur interesf f
rom c~ate thereof at the highest ~aw-
f u~ rate then al~ou~ed 6y the ~nu+s o~ t{~e State o~ 1'~oritra.
I thirty da s next a ter
L any sum o~ money herein re~errec~ to he not pro:npf~y paitj wit~iri > ~
' the saMe 6ecomes due, or ij eack and enery t{~e agreements, stipu~afioru, conditions and co~~enants o/ saicl
note and this mortgage, or eitlier, ar~ not (u~ly performed, compliecl u~itl? nnc~ n6~ded 6y, t/~en the entire
` sum mentionec~ in said note, ant~ this mortc~age, or the entire 6a~ance unpaid tl~ereon, Shalt Jo~fhu~ill~ or
~ fhereajter, nt the option oj ihe morlgagee. 6ec•ome and 6~ dup anc~ paya6le. nnyti~ing in said nofe or herein
~ fo the contrnry noiu~ithstanding. t'ai~we ~y t~~~ mortga~ee to exercise any o~ the righfs or optio~u herein
~ provided sha~l not constitule a waii~er of any rir~hls or options under snid nofe or this mortgage accruec~ or
therea~ter accruing.
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~ ~I (CORPORATE ~n ~~~~s ~~of fhe mortyagor has caused th.ese..prRsents to
~ i~ SEAf_) be execuled in its name, anc~ its corporate sea~ to be hereti.'n~to ~y;+ts
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~ proper o(~icers Ihereunto cluly uutF~orizecl. the day nnc~ yedr ~ir3tw~~i~'ta~r~t~erk~
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~ • ~ % ~ I~ Chandler Equipment~_eot~an~ _ 1KC._ = . .
~ ATTEST• ~t~_~ - _ s
~ ~ _ -5.-~~an /Treasurer r ~ : =
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~ Sign , sea~ec~ and c~elivere~ in t{~e presence of : ,~f: '
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Florida
~ O` St. Lucie
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;yj I~ 1 HEREBY CFRTIFY d~? on 1{~ia ~ay. ~(on me. an o(~i~-er s~u~~ aull~oriud in 11it Sluts aru~ ra+nty a~orrsaid lo tn~ee oclnou~ -
~~~s. ~~~y Ernest E. Chandler and Pauline E. Chandler
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j ~,,,,u~, ,,,p ~o ~ ~~,p P.~~;~Irni Secretary /Treasurers~~'~'"ty ~Rp ~o.Fw?oso.~ .w,.wd o.+
~ ~ mortgagor in Itit rorrgoirtg instrument. nnd l~a! I~ty srcrra~~y ac~nouare~qr.~ ececuling l{~r sume. in I~ir prexntr o~ lu~o subscribing u~lnrsses.
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~LLI/~ ('O/j/OfO~lOl1.
_ f ~ ~ $fatv ~asl a~oresaid I~ia ~y o~ Anril ~
~ \L ff \ f CS m• 6o~u1 and o~~icia~ sea~ in t~t Counly aru~ 19 th ~ {
~ ~ ~0 74 2~;~~v8 '
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