HomeMy WebLinkAbout1314 and shall perjo?m, comply u~ilk a~d abtde by each on~I et~ery Ihe agreemenls, stipu~aliona, conditions and
covenanis lhereo~, and of this mort9age, the~ this mortgage and Ihe estate heref?y c?eated, s{~all cease, de-
termine and 6e null and void.
~ the mortgagor here6y ~tuther covenants and ag~ees to ~ay promptly when due the prtncipal and
interest and other swn.+ of money provldecj (or in sntd note and this mo~tgage, or either; to pay
stngular !he taxes, assessments, levies, lia6ilities, o6ligattons, and encum6rances of every nalwt? on soFd pro-
perty; to pe?mif, commit or suf
je~ no waste, impairment or deter~oration o( said land or the tmprovements
thereon at any time: to keeP ~he butld~ngs now or I~ereajle? on said lnnd jully insured In a su~n oj not less
t •nt,..... ~l._.,e~..rl anr~ nn~l~~
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in a compuny o~ companies nccepfab~e fo Ihe mo~tgagee, fhe po~icy or po~tcies to !,e heid by, an~f pnyndie
to, sa~d mortgagee, und in the event any sum o~ money 6ecomes ~ya6le 6y ni?tur. of such insu~ance !he
morlgagee shnll F~ave the right to receive and apply the same to Ihe indebledness ?iereby secured, accounting
b the morigngor f
or any surp~us: to paY a~~ cosls, char+ges, and expenses, inc~ucling ~awyer
s~ees anc~ tit~e
sear+c~es, r+easonab~y i~currec~ or paid by the mo~tgagee because oj f~e (ai~ure of fhe mortgagor to prompt~y
and (ully comply wlth Ihe agreements, stipulations, eonditions and covenants o/ said note and Ihis mortgage,
o~ eitl~er: to perjorni, comply wit6 nnd abide 6y each and euery the ap?eements, stipulations, conditions and
covenarits set ~orth in snid note and tl~is mortgage or either. In the event the moitgagor (ails ~o pay when
due any tax, assessment, insurance promium or otlier sum oJ money pa>a6le by vi?tue of said note and tl~is
mortgage, or either, the mortgagee may pay tFee same, without iuaiving o~ af
~ecting t{~e option to f
oreclose
or a~y other right hereunder, und all such payments shall benr interest j?om date therro~ at t6e higi~est Iaw-
/ul rate tl~en allowed ~y tke laws of !he State-of Florida.
iL any sum of money herein re(erred 1o be not pro:nptly paid wilhin thirty day3 nPxt a~ler
~ t{~e same 6ecomes due, or if each nnd every tl~e agreements, stipulations, conditions and couenants oj said
note and this morlgage. or either, are not ~ully per/ormed, complied wilb and n6ided 6y, tF~en the entire
sum mentioned in said nole, and this morlgage. or the entire 6alance unpaid thereon, shall (orthwilh or
therea(ter, at the option oJ tF~e mortgagee. 6ecome and be due and pnya6le, anything in said note or herein
~ to the contmry notwithstanding. Fnilure 6y the mortgagee to exercise any oj f~e rights or opfions ~erein
~ prouided s~a~~ nol constitute a waiuer o~ any rights or options unc~er saic~ note or t~is mortgnge accruec~ or
fhereaf ter accnaing.
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• , ~ ~~(CORPORATE ~n t{~e mortgagor {~as cause~ tf~ese presents to
SEAL) 6e executed in ifs name. and its corporate sea~ to be hereunlo aE(ixec~, by ~is
proper o~Jic+ers thereunlo c1uly nuthorized, fke ~ay and year ~irst abo~e written.
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~ SCOTT-JOHNSON, INC.
~ ATI'EST:------~ S~~-
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~ Sccretary
~ Signed, sealec/ and c~eliverecl in t{~e presence oJ: ~
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~ . ' •i"_'.._..""' •
~ E3y--- - - -
I~rrsi<~enl
~
. ~ ~ fItED AK~ R£CtM0E0 i
ST. LUC1~ ~ ~•JNTY FLA.
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F.Ci~ r ~ ~-pAS
Cl=~~. G - COURT ~ ~
qr~`f~~" ,_-':ic^ t
Auc 1 2 Zi PM'7~ ~
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~ O` FIARIDA 2~~~~
~ ~Q~~ Q` ST. LUCIE
1 HEREBY CERTIFI' ~hnt on t6is doy. br~«r mr. an oJ{~nr do17r autl~o?ized in Il~e Cldr and Counly a/w~rsoid ~o ta~er acirnoa~edg- :
~ v~.~«allr ~n~d t
~ Edmond D. Johnson, Jr.
~ nsn.c~Inrlp o~• ltie m?voration .w,ned as
~ ur~~ Mou~n to me lo be I~e ~rnai~ent ar~
;J morlgogor in ltit ~aregoing inslrumenf. ar~ !~w! ltieq s~rera~~y oc~nou~e~~qe~ PCP(Uii~ lti~ snme. in Itie ~xrsenot o~ tuo wbstribing u~lrrssts.
~ f re~e~y aru~ cv~unlnri~y wu~er auf~orily du~y rrsled in ttiem 6y sai~ corpoiuiion om~ Itiaf tti~ sral o~~i.ced I~rrto is ltie tnie earPo~ule sro~ o~
said cw{wration.
~ l ~t Au ust
~~~R~~tECS my 6ard and o~~icio~ sea~ in t6e Counly ond Stde ~asf o~onsaid l~ua LSt ~lar w g
~9 74
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