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HomeMy WebLinkAbout1308 and ahal! per~o~m, comply witk and a6ide 6y eack and every the agreements, stipulations, condi~ions and c~ovenanl~ the?eo~, and oj lleis mo~tgage, then tl~ia mortgage and the estate hereby c?eatc~l, sha11 cease, de- termine and 6e null and void. ~ the mortgagor I~ereby jurthe~ covenanta and agrees to pay promptly w~en due Ihe p?tncipal and interest and othe~ awns of money proutded ~or in aatd note and thia mortgnge, or eilher: to pay all and singular fhe taxes, aasesaments, ~evies. 11a61~ities, obligations, artd encum~rances of every nalure on saic~ pro- perfy: to permit, commtt o~ sujjer no waste, impairment or detertoration oj said ~an~ or the impn~vemenls tl~ereon at any time: to keep the 6uildings now or hereajter on said land (ully t~~sured in a aum of not less ~i------~ ~I~LLI~ tjaiVV YiaVYOPIay PaaV tiVf ~V~~ in a conywny o~ companies accepla6le to tF~e morlgagee, the po~icy or poltcies to 6e held 6y, and payable to, said mortgagee, and in the e~e~t any sum oj money 6ecomes ~ya6l~ 6y virlue o/ such insurance Ihe mortgngee shall ?~ave the right to receive nnd apply the same to lhe inde6tedness Izere6y seciued, aceounting to t~e mortgago~ jor any swp[us: to pnY n~~ eosfs, charges, and expenses, inc~uc~ing ~au?yer s~ees and til~e searches, reasonably incurred or paid 6y the mortgagee because o~ the f ailure o/ the morlgagor lo promptly and jullq comply with IF~e agreement~, stipulaltons, conditlons and covenants oj said note and this mortgage. or eithe~: !o perEorm, rnmply with and a6ide by each and euery the agreements, stipulations, conditions and covenants set Jorlh in said note ond this mortgage or either. ~n t/~e euent the mortgagor ~nijs to pay when due any tax, assessment, ins~uance premium or other sum oJ money paya6le 6y uirtue of said note and Il~is mortgage, or eit~er. the mortgagee may pay Ihe anme. without waiving o~ aJjecting tke option to ~orec~ose o~ any other right ?~ereunder, and all sucl~ payments s6all 6ear inte?est jmm date the?eo~ ot llie I~ighest law- f ul rnte then allowed 6y tl~e lau~s o( tF~e State o( Florida. i ` ~l nny sum o( money ~erein re%rred to 6e not pro:nptly paid wif~in ~irty days next njter the same 6eeomes due. or ij enc6 und every t1~e agreements, slipulntions, conditions and coaenants o) suid note ~d ehu mortgage. or either, are not (ully per~ormed, co?nplied wit1~ and a6ided 6y, then the entire sum mentioned in said note, and t/~is morlgnge. or tl~e entire 6alnnce unpaid thereon, sF~aU ~orthwith or t6erea~ter, at tlee option o( the mortgagee. 6ecome and be diie nnd payn6le, anything in said note or herein to f~?e contrary notwitiistanding. Failure by 1he mo?tgagee to exer+cise any oJ the rig~ts or options ~erein providec~ sl~al! not constitute a waiuer o~ any rights or options under saic~ note or thu mortgage accrued or thereafter accruing. ~ s''~•, c ~ ~ , : _ ~ o~ ~aN~o~: i - _ ~ , _ 4 ~ I_ • ~ ; ; . ~3" jiiPORATE ~n ~~e mortgagor has cnused these presenls !o """'••~~sEAL) be executed in its name, nnd ils corporate seal ro 6e {~e~eunto aj/ixed, by as ' ~ i' 11 ; i proper oJf icers thereunto duly authorized, the dny and year (irst abone written. I ~ Scott-Jqhzison, Inc. ~ ATTEST-------------•----------••--------------------•-•----•---~Me------- rY / = Signed, sealed and delivered in the presence o/: f~ ~ . ~ ~~(r•s~,d~ ~ - ~ - - - ~"G - - - ~ ~ ~ , . -~QF~'~~--•---------~~""--------------------- n~, ~ FI~E~ ~~t:;.. - - - - - aT. iuc+~ ~~JHTY _ LA. ' RQG = : .I'RAS • QL~F~. ,•.IT COUR7 qsf!j t r:. . ~ . . _ ~w~.~w+~.~ a~c ~ ~ PH ~ia w~ Ol FLORIDA !~~~J2~'~~ y ~UI~ Of ST. LUCIE ~ 1 HEREBY CERTIFY tMe un elus duy. 6r(«r me. on ollicYr ddr auel~«ized ~n d~e S~atr and Ca,nty n(«rwd to edre acluwa~Iedg- ' ~ v~.~.et~r ~vne~ ' 4 Edmond D. Johnson, Jr. ~ ~ inrU ?moun lo me Io be tl~e President arwl respri-liorly o(' t1~e oo~pwdion rwnrd os _ mortgogor in lhe /orrgoing irutrumenl. and Ilwl d~ey xverully oc4nnu~ledgrd executing llie some. in tl~ pnxnc: o/ tao su6saibing u~ilnesres. L~ (.Kly ~d ~*ol~lr ~„M!« w.iha.~~r d~ly n:e.d in tl~em 6y said ro.~~~~ ~d eb~ d~e ~d aJ(~:~d dKn~o r~ il+~ r,,,~ ~I al ~ ~c• ,a;d ca.poraion. ~ da~ ~l Augv.st W~I7~ESS my Fmnd and oJJicial saal in ti~e County ond Sta~e Iost a/onsaid lh~~ 13t n. D. ~974 . ~i . r . . „ , ~ . ~ , , . ~ bfr - • ~ - ~ ~ • - - . r, ' NOiA.iY PU3:IC STE,TE OF FtOA:^vA A? ~eF.?p ~ . - ~ M. C.~ti~r.'.i:,St :?l ='<S:7,E5 F«.. ~ 1:i~ ' .l- lONDED TMRU GEt~eEliAl tNSURANtt UNUCkwRiiEQs ~ ~ r , - . - :~1,~ . 1 ~v ~ . _i ~a ~ ' V;r F' 0 R~ ~~v . BOOK PA6[ ~ ~ . ~ _ - - - - - - , - _ - - _ : _ ~ _y~ ~