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Home My WebLink About0356 rS I i _ t ~ nnd shall perjorm, comply with und abide by each nnd euerv the ag-e~menti, st~pulations, conditioru nnd ' covenants the?eoj. and o~ this ~norlguge, then tkia mortgag~ anrl ihe estale I~ereby CYFQt~. shall cewe., de- termine und 6e null and void. ~ ~ rom t~ when due the principal and t ~ tl~e mo?tgngor hereby jurihe~ covenanls and agrees !o pay p P Y Q~~ Qnd ~ interes! and of~e~ sw?u o~ mo~eY prouided ~or in said note nnd this mortgage, or either; to pay ~ stngu~ar the tnxea, assessmenls, ~evies, ~iabi~ities, o6~igations, and encumbmnces of every nalu~e on saic~ pro- ~ ~~~~~n~ O~ ~~e~q~~~~~ snid land or the improue?ne~ts ' ~ perty: to permit. commit or su(jer no wasle thereon at any lime; fo keep fhe 6uildinga~now or eregajt on saF~~ ~ u~~y insurec~ in a sum oj not ~ess hi ohest insurable value - , „ , , __._,:._i,_ ~ in a eompany o~ companies aeceptab~e to Ihe mortgagee, thc+ pottcy or pol'icies to oe ~ew uy. u.~u ~...r~•••~ to, said mo~lgagee, and in !he event any sum o) money 6ecomes paya6le 6y virtue o~ such insura~oe ihe mortgagee shnll have !he rigl~t lo receive and apply the same to the indebtedness F~ereby secured. necounting to the mortgago? Jor any surplus: !o pay a~~ costs. chargas, anc~ expenses. inc~u~ing ~awyer ~ jeea anc~ lit~e searc~es, reusona6ly incurred o~ ~~d 6y ~I~e morlgagep becouse o~ fhe f ai~ure oJ the mo?tgngo~ to prompt~y nncl (ully comply u?it~ the agreemenls, slipujations, conaifions and covenants of said note and this mortgage. , or eittier; !o perJorm. comply witl~ and n6ide by each and every the agreements, stipu~ations. condittons and ; covenanfs set Jortk in saic~ note and thts mortgage or either. /n fhe event Ihe mortgagor ~ai~s to pay when a due any tax, assessment, insurance premiurri or otF~er sum of money paya6le 6y virtue o) said note and this ! mortgage, or eiftier. !{~e mortgagee may ~y ~~e same, without waiving or a~~ecting the option to ~orec~ose ~ or any other right hereunde~, and all such paymenls shall 6rar interes! Jrom date thereo( at !{~e I~igkest law- ~ J~d rate then allowed by the lau~s o) the Stale o) Florida_ ~ any sum oj money herein reJerred fo tie not pro:nptly pnid ~iith~i M?iiCit '~al'q~.~rY+w~~~? tF~e same 6ecomes due. or iJ each and ei~ery Ihe a~reements, slipu~alions, conclifions antl covenants o) snid note nntl ihis mortgage, or eittier. are not jully perJormecl, comp~ied witti and ab~ded 6y, then Ihe erttire sum mentioned in said note, and tl~is mort~nge. or the entire 6alnnce unpaid il~ereon, sF~all f orllw~itk or ~ thereaf ter, at the option o( Ihe mort~agee. become and be ~Iue nnd paynble, anyt~ing in saicl note or F~erein to the conirary notwifhslanc~ing. Fnilure ~Y lf~e mortgagee lo exercise any o~ I~e rights or options herein prouided s(~a~~ nof constitute a waiver of any ~ighfs or options under said note or t1~is morlgage accrued or ! tl~e~Jre. n~u~n~. The privilege to accelerate payment of the mortgage (indebtedness is conditioned on the Mortgagee giving the riortgagor Iwritten notice specifying the default and thirty (30) days within w~ic~; :~p cure same. If the default is not cured within said thirty ~~~;::~~~:;period the entire balance of the mortgage indebtedness ;5~~~` ~~°ti~netiiately become due and payable in full without further ;~c~;~'~~e:='~ `demand. `6 ' `s ~ ~ _ • - • ' 9 ;n ~(~~s ~t~re~~ ll~e morfgagor I~as causecl fliese presei~ls to ~ , , '~E(`dR~RATE ; J: _ .~j~[,) he execute~ in its name, nntl its corporate sea~ to be ~ereunto a~~ixed. 6y ~~s ! v',i= r o~f icers thereunto cluly authorizPd, tI?e t~ay and year first aGove writlen. ~ . iJ ~ , Y ~ ~ ; , : p ; ; ~ ~ • , : ~ . ~ ~ GULFSTREAM BROADCASTING C0. INC. . • ~ , ~ - - - . . , ~ '~h,~,~~,,,~,~~~~~' rt A t . ~.~,ry - Signed. 'ec1 ~ elia n e presenre of : ~ t3 ~ - . . - - - - Ronald Crider ~ - - - - _ , i / ; f ~ - - - ~ ~ ~~1~ Of FLORIDA ~QIU1~ Of BROWARD 1 NEREBY CER7'll•1' ~60~ on t6~s duy. 6r~anr nr. an o~(irn dalr au~l~or:vd in ~l~e S1a~~ and Co~n~y aJor~wid ro talK «~inw~~c~- ~ ~~s. r~?~.~diy aPw~ Ronald _ CxideX anc~ ; Cara, E. Eber~ . - ` .,s~Cl;i~tlr a/• tl~. co?Po?u~fon nam~ u+ ~~rii ~;~u,. ~o m. ~a ~ - ~ ~ ~P~~ ~^~~ssistan~, Secietary . . ~'y . 1 ' • . • , . . . . . :i- n~qr~gqg4r jn II~t Ia~9a^9 V~s~~l~mrnl..o?~ tiwt fl~tr xvtno~~y ar~rwl~{ec~grd tTKIlIl/1Q ~:amr. l~ ~lti? prrt~~* tu~o su6sai6ing u~lnrsxs. , _ . . _ . • ffix ~rw~ and ~unlaii~Y un~vr aul~qrity _du~y cr~l~ in itieQ~ by wid ['«Pwo~ V^d, ~°1 t~e sral a ~ l~vrefo is l~t Uue cwlw~ult sea~ ~ ~ . . . . _ . . ~ ,a;d ro.r,~.~~. dar ol Ju1 - W~I'~~FcS mr I~d a.d oll~c~d ~1 c~ JK Ca.n~y md S~ae~ I~ n(a.~.A+A dw 2 2nd y ~ ~ ~-r u. ~974. ~ % _ . , . . . _ , y . . - ~ . - Jhis strument Prepar~ gr ~ ~ . • ' RRY G. CARRATT ' ~ S1ATE Of FLOttiQA AT LAR(3E , PdOrg , rratt . ..1u~ P~ ~ aRd O'Connor ' ~ ' . P• ~ ' M~~ COAAIAISSION EXPiRES IUIY S. 1977 ~ Kenann Building _ : _~~Fp TMRU GfNEA~1?~ 1NSUI~~ ~N~W~~ ' E FO?t l dercfalc, Flo~;da 33306 : : : ~ . ~ . ; • ' 0 R ~.V1J ! ~I .~"~.~:~t:,;~~;~;~~~ . BOOK F~ ~ ! ~ ~ ~ _ _ - _ _ - - . . _ , ~t_ : _ . _ _