HomeMy WebLinkAbout1656 and sholl pe?jorm. ~•omply u~ilh and a6ide by ea~•1~ n~d ei~ery tl~e agreements, sfipulatipns, cunditions w;d
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~-onenanb ~hervoj, and oJ Il~is mortgaAe. I~en tl~is mortga~e aRd ~h~ estale ?:Arebr c~ated, sl~all cease, d.~
termine antr ~n nu~~ ai~~ voi~~.
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Tln~ f~r murfganor ~~en~tiy (urttie? covenanfs and agrees to pny prompl~y u~hen dua the principa~ and
lnfernsl and ofher sums of money provi~Ie~I ~or in sai~ nofe and f~is mortgnge, o~ eilhe~; lo pay a~j an~
singu~ar f{~p laxps, assessmenls, ~~vies, ~ia~i~ifies, o6ligalions, and encumbnances o( euery nnfwe on satd p?+o- ~
perty; lo pe~mif, commit o~ suJfer no wasle, impairment oe~ deferioralion o~ saic~ ~and or the improi~ement~
tl~pmc~n at any lime: b~pPn ~hp 6uildin~s now o~ hprt~aJt~r on said land (ully insured in a sum oj not Eru
than
in a com~?any or compani~~s ACCPN~DI)~e io f~e mortgaflee, !tie po~icy o~ po~icies fo ~?e l~e[d 6y, ane~ pnyo~~•
fo, said morfgngee, an~ in thp ei~Pnl any sum o{ mon~y bernmps ~ya6le 6y ~~irtue o/ such insuru~ce tl?e
mortflagee shall ha~.P the righf to r~•eivp and apply the same fo tl?e indebledness herrby secured, nccounteng ~
fo Itie morl~a~or for anv surplus: to pay a~~ ~~osls, charges, and PXP@?1SPS, includtng ~awyers (ees are[l titje =
y ~ d 6y rhp morfganee hecnuse o~ t{~e (ai~ure oj fhe morlgagor !o prorr~tly }
aearcl~PS, rPasoraahl incurrecl or ai ~ '
and JuIIy comply u~ilti f~~P agreements, stipu~alions, rnnc~ifions ancl covennnts o~ saic~ note and l~is morigage, ~
or eifher; to perJorm, comp~y u~itf~ and a6ide 6y eacl~ and eoery the ngreemenfs, stipu~nlions, condifions an~
coi~enants set ~orfti in said nole ancj Ihis morlpag¢ or Piiher. jn f~e event ftie mortgagor ~ai~.s fo pay u~~?..r~ _
c~ue any ta.r, assessmenl, insura~~ce p~emium or ot~er sum o~ mo~iey payn6le ~?y i~i~fue oJ sai~ note aRd il~i~
morf~ngp, or eil~~er, Ih~ morlganee mav pay ihe same, wifhou! u~aiving or a~~ecting Ihe option to ~orec~ose
or any ulher ric~Rt 6~rnunrl~r, an~ aI~ such payments sF~all 6Par inferes! from ~UIR tl~ereoJ at the highest Iau?- ~
~ul mle I~ien a~~owc~c~ {?y f{~~ ~a~os oj the SIAIP o~ ~'~ori.~a. ~
1L ony sum o( mun~y {~~rein re~PKP~ t0 he nof prompf~y pai~ wifhin t$lity c~ays nexf o(tpr -
f~~e same ~~rcomes ~u~, or ij eac~ anc~ every fl~e aryreempnis, sfipu~aliuns. conc~itiuns an~ covenants o~ sait~ ~
nofe nnd Il~is mortga~~p, or Pither, are nof jully per~ormed, complic~ wit6 and a6~d~l 6y. tl~en Ihe entirn :
sum mentione~~ in said nale, and Ihis mort~nge, or the enlire 6a~nnce cnpaid thereon, sha~~ Jorfhu?ifh or ~ _
tl~ereaJter. ~I fh~ opfion of fl~e morfga~ee, 6ecom~ and bp due ond paya6le, anyll~ing cn said note or I~erein ,
to rhe confrary nofivil~~sf~m~in~. ~ai~urn tiy fhP morlgagee lo ~xercise nny o! fhe rights or options tierein
pro~~i~e~rl stia~~ n~f conslilufe a u~aii~er of any rig~fs or options unt~er saic~ nofe or f~is mo?fgage ~aecruec~ or
fl~ereajler nccruing.
, ..~t~11yII,',, . .
~n ~itness ~hereof~ I~~p sai~ mortgagor {~ns ~PIPIlRIO SIQIIPA afl(1 SPO~~ lheae p?~sse~s the
t~ay anc~,~year f inf atiore n. FORT PIERCE INVES s~ Zi'~3.. -
; INTERNATIONAL ~ S~3, INC.. , ~z ~
^ ~~.i~d. ~al.~d ~d d~l~~ ~ th~ ~~5~?~ ~%oj: Gen al Partn - . ~ : _
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~ i STATE OF FLORID.4, ~ i _
COC. \T1' ClF $ROWARD ~ '
I HEREBY CER"TIFY that on :his day, before m±~, an ~ 3
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o(fic~r dulc authorized in th~ Stat~ aforesaid and in the County afor~said to takr acknowledgmenu, prnonally apptared ~
DONALD J. ~TARK as President of INTERNATIONAL LAND SALES, INC., I _
GeneraZ Partner of FORT PIERCE INVESTORS, LTD. ~ -
to m~~ known to br th~ p~•non descrebed in and who ~xrcutcd the fur~goinq instrumrnt and he acknowMdQed
Ix(ur~• mc that he ~xtcutcd the same_ ~
N"I'l~\ESS m~ hand and o(ficial seal in thc Counq~ and Stat~• Gst afor~said thi~ th day af !i
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July n. ~y 74. - ~ - ~ / ' 4
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~ ....:-~~_~3..... - . - - f;--- ':::r; _ ,
n NOTARY PUBLIC , State of ;
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~ at Large . ;
My comm~iss ion expire~ : : , _ _ - ~ =
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„ - -'.^,t;iT COi{RT NQTARYD~ta?rr Te ' ' -
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MY COMa1lSSIOi~1 c~CP1RES (~i~V. 20. I9/3?.'. I
s G~fV~RAI IiZaU::k:-iCE t?NDfRiNRli£KS- , ' ~
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