HomeMy WebLinkAbout1712 and shnll per~orm, comply witl~ ond a6~dd by each a~d ei~ery the aflreemenls, slipulafions, con:~itions ond
c~uvena:its thereo~, and o~ lF~is morfgage, Ihen this mo?tgage QRd II1P eslufe hernl,y rreat~, shall cease, de-
termine and 6a null and void.
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~ the morfgagor he?e6y jurther covenants and agrees to pay promptly when due ths principal nnd ;
inte?r?st and otke~ sums oJ mo~ey provided /or ~n suid note and this mortga~e, o~ either fo pay al! and
singu~ar Ihe faxes, nssessmenis. ~evies. ~iabi~ifies, ob~tgations, nnd encumbrances ol every nature on salcl pro-
perly; to permit, commit or suller no u~aste, impairmenf or c~efe?ioratio~ o~ saicr ~an~ or fhe impronemenfs
fhereon at any timo: to keep ihe 6uildings nou~ or kerea(ter on sai~l land jaljy insured in a sum of ~ot less
~hnn Forty Thousand and no/100-----------------------------------
in a compnny or companies necepfable to Ihe mortAagee, the poiicy or policies ro~~e h~ld 6v. a?~d ~ya6[~
to, said mo?tgagee. and in !he evenl any sum of money 6ecomes payab~e by virtu~ of such insurance fi~e i
morfgagee shaU have 11~e rig6t to recei~K? und apply the same to the inde6tedriess liere6y secu?ed, accounting '
to Ihe morlgago? ~or nny surp~us; fo pay a« c~osls, charges, and expenses, includi.~g ~uwye~~s jees and iif~e ~
searches. ~ona6ly incurrecj or paic~ by t{~e mortgagee because o~ the f
ai~ure oJ !tie mortgagor to pmmpt~y '
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and ~ully comply with the agreements. sfipulations, conditions and covena?ils o( said ri~te nnd this mortgnge, j
or eilhe~: fo perform, c~omply with nnd abide 6y each and every !he agreemenfs, slipu~ations, eonc~itions and E
~ covennnts set (ortlt in snit~ note and thi: mortga~e o~ eif{~er. In the e~~enf the morlgagor ~ai~s to pny w{~en ~
due uny tax, assessment, insurance pmmium or ofl~er sum oJ money paya6le 6y virtue oj snid note nnd this
rrtortgage, or eilher, fhe mortgagee may pay !he same. wifhout ~uaiving or a(~ecling t~e oplion fo jorec~ose ~
or any other ?igl~t 6ereunder, and all such payments s6aU 6ear interest Jrom date t?~ereo~ at tl~e highest law- ~
~ul rate I?~en allowed 6y the laws oJ the Slate oJ Florida.
;
y j y j~1 ~o pru:nplly paid wifhin y days nexf of
fer ~
I an sum o mone 6erein re e be. noi thirt ~
~ tl~e same bernmes due, or if each and euery the agreements, slipulations, condifions and c~ovenants o/ said
i note and tl~is mortgage, or eit~er, are not jully pcr~ormed, compliet~ wi11~ and a6tded 6y, tlien t1~e enfire
1 sum mentioned in said note, nnd t6is mort~aye, or t{~~ entire 6alance unpaid tF~ereon, shaU ~orthwill~ or
1 thereafler, at fhe option o~ t6e mortga~pe. become nnd 6e due and paya6le, anytl~ing in said note or herein
~ to t~e conlrary notwit/utnnding. Fnilure by the mor[gagee to exercise any of t~e rights or opfions tierein
providetl s~a~~ not constilute a waiuer o( any riyhts or options under snid note or this morfgage accrupd or
; ther~ol'tes';~lru~n9.
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~ ~ .7: ' ~ ~n ~~tness ~hereof ~e mortgagor us causecj ltiese
' ` . a•• ~(b~ORATE t ~ presents to
L.'.~ 1+~~ ~~.~EAL? be execufec~ in ifs name. and ils corporate seal to 6e 1?ereunlo aJf ixetr, by i!s
~,''~ir, ~,~,+n:~'`~ proper ol~icers t6ereunto duly a~dhorized, the day and year ~int aboce u?nffen_
UN ITED_ _PARTNERS 111, INr_ .
1 ATfEST: ~l~-=- -
~onald E. Jaco on Srrreiary•JTreasurer
Signed, sea~ and delivere~l in the presen~e oJ: ~
, ~ ~ ~
~ k~:~•-a~_ j ' H)'----~- - .
--------~-------~-------------------,1--:----,~'`..~-~~~--~-------- John R. Rea i~.P„~
I ---------1-::~ ~-~~,J-----------------------
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~
O~ Florida ~
~ ~ ~~t~~ 0~ St. Lucie ~ ~
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I HERF.BY CEICfIFl' tl~a~ on tl~is dar. 6r(o+r nr. on o~~icer ddr m,~Fcnrivd in t6e Cfol~ arwl ('owty u(orrsaid ro tn6r ac4nondadg- ~
menls. vrR«w!?r ~PP~~
John R. Rea and Donald E. JacQbson
~ urll fnwu~n ~o mr io 6. J~ P.~,~~r ~a Secretary/Treasurer ~?S,~<<,n~y o/• ch~ cwzwrae:an ~d as
~ mo~fgago? in !~r ~oregoi~g insfn.mrnl. and I~wt l{~ty sr~rrouq ae~er!oulnrgr~ ~cre~uinq l~ samr. in lier pRS~nnr o~ tuo w6se?ibing rs4tntsxs.
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~ t~~R.\F:SS my ~ar~ and o~~idcl sro~ in I~t ~w~nly an~ Ctot~ ~asl o~wirto~ l~is ~Otl~, pf a7uly -
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