HomeMy WebLinkAbout1311 and shall pe~onn, comply u~ith and a6ide 6y each and every the og~eements, stipulafio~s, conditions and
covenanla t~ereo~, and o~ ttiis morfgage. Ihen t~ts mortgage and ftie estate {?eretiy c~eafecr, s~a~~ cease. c~e-
termine and 6• null and t~oid.
~ tl?e mo?tgagor he?e6y jurtker rnvenants and agrees ta pa~promplly when due tke prtnctpal and
inte?eat and ofher swns o~ money proaidecl lor tn said note and ttiis mortgage. or eit~er: to pay n~~ nnd
sIngu~a~ f~e taxes, assessments. ~euies. ~Iabi~Ilies. obitgattons. anc~ encumbrances of every nalu?e on saicl pro-
perty: 1o permif, rnmmit or au11er no u~asle. impairment or deteriorotion oj saic~ ~and or fhe improvementa
t~ereon at any fime: to keep Ihe bui~ings now or ~eren~fer on sa~d lond JuIIy insured in a aum of not ~e~a
~r??rR~, thousand and nol100
in a compciny or companies acceptab~e to the mortgagee, the po~lcy or po~icies to ~~e held 6y, and payable
to, said mortgngee, and tn the event any sum o( money become~ paya6le 6y virtuc o) sucl~ insurance the
mortgagee skall have Il~e right to receive and npply the same to !he inde6tedness liere6y secured, accounting
to !he mortgagor f
or any surplus: to Pay a!! ~~s, charges, anc~ expenses, inc~uc~ing ~wyer
s~ees anc~ tit~e
, SPNC~IB1. ~osona6[y incur?cd or poid 6y the morlgagee 6ecause oJ I~e ~ailure ol Itie mortgagor to prompf~y
nnd )ully comply with the agreements, stipulalions, conditions and covenants of said nole and tl~is mortgage.
o~ either; to perjorm, comply with and abide 6y each and every the ag~eemenls, stipulntions, rnndilions ond
cove~ants sef ~o?t~ In saic~ note nnd fhis morfgage or eilher. In f{~e evenf ttie morfgagor ~ai~.s to pay when
due any tax, asseument, insurance premium or olhe~ sum oj money payafile 6y virlue oJ said note and this
morlgnge, or eit{~er, the mortgagee may pay t~e some, wif~out u~aiving or a~~ecting t~e opiton to (orec~ose
or any ot6er rigl~t hereunder, and aIl such paymenta shall 6ear interest Jrom date lhereoj nt the highesl !aw-
JuI mte t6en allowed 6y r?~e Iaws of tl~e Siate oj Florida.
3~ any sum o( money herein re~enecl to be nof pro:nplly pnicl wif~in ~I~Y days nvxi a{ter
the sa?ne becomes due, o~ if each and euery 16e ngreements, stipulations, conditions and couenanls of said
nole nnd this mortgage, or eitl?er, nre not (ully perjormed, complied wit6 and a6~d~d 6y, then tl~e entire
su?n mentioned in said note, and this morlgage. or the enti?e 6alance unpaid lhereon, shall f
ortluuilF~ or
tf~ereajter, at tl~e option oj lhe mortgagee. 6ecome and be due nnd paya6le, anything in said note or herrin
to !he contrary notwithstanding. Failu~e 6y the mortpagee to exer~cise any of the rigl~is or options herein
~ proaided s~a~~ not consfitute n waiuer o( any rights or oplions unc~er said note or ihis mortgage accruecl or
; ttierea~ter accruing.
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- • ' ~ :'•(G~p~ORATE ~n the morlgagor {~as caused these presents fo
SEAG? 6e executed in i!s name, and its corporate seal to be hereunto aJfixed, 6y ~ts
; ~ S'`~ ` proper ofJicers thereunto duly authorized, the day and year f
irst aboue written.
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~ A'i"I'EST:.---------•=-•------------------------------------------~ary SCO _ T-JOHN90N,--INC-'-----------------..
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~ # Signed, sealed and clelivered in the presence o~: ' ( _
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f ~ ~ E~l y r~ F', E ~ e R tp
st. ~uc~~ ~4UMt1' ~tA,
RO~:.~ i _~1'RA8
Cl.E~K Ci= :;;;iF COURT
~~CC?L` `.E~
OE F IA RIDA 1 2 2~ PM ~ i
Q~ ST. LUCIE ~~~~3
1 HEREBY CERTIFY Ja~ o,. d~ day. b.ja.,~ m.. ~ o~?~«. d„Ir a,il.o.~ud J~ Se~~ a.~d C~y aJ«~~d ~o ed~ ~Ima.~-
~ v~.ailr ava~d
~ Edmond D. Johnson, Jr.
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~ ~ n~rl( ~nou~n lo me to de t?~e Pnaidtnt and rvsprclirely o~` tlu carporation namrcl as
~ ~ morlgogor in Itin ~arrgoi+~g instrumrnl. and f~wt I~ey xtrrnl~p or~nou~edged ereculing Iti~ wme. in !tie prexncr of luv wbscri~iing uwtrrases.
~ (reelr a.~J ~I~a.dy aut6o~ty d~ly a~e~sd ~n tlwm hy said m?po?a~co?~ and ~6a~ ~he xoI aJJ~xpd ~FK~rto is ~?~e Inu co?Porate xal ~
~
soid corpo.at:on_
~ ~VffNESS rnr I~ood n„d o~Ju;d sed 'v~ 11ie C«~nry u„d S~atr fwt oJonrsaid e6is lst ~y o( August
~ n. ~9 ?4.
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