HomeMy WebLinkAbout1626 and shall pe?!wm, comAly u~itl~ and abide br each and ew?~y !he agree»~ents, stipulolions, conditions and
c~ovenanis Iho?eo~, and o~ [I~is mortgnge. Ihen thtt mortpage and the esiate here6y r?eafed, shall cea:t, de-
( termine and 6e nu11 and ewid. +
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~ ~ tF?e mortgagor I~e?eby (urtl~er covenanls ond agreas to pay promptly u~i~en dw the principal nnd
interect and ofher swns oj money prouided ~or tn soid note and lhis mortgage, w eithe?: to pap alI and
singular the tnxes, assessmPnts, le~~ie~. Iia6ililies, o6ligattons, nnd encum6rances o~ every nalu?t o?t +aid pro-
perty: to permil, ctim~it o? su~jer no waste. impnirment or cleterioralian oj saic~ ~and or !he improtremenls
thereon at any timP: ta ~eep the 6uildings now or herea~le~ on said land jullv Insutecl in a sum ol nol less
than full insurable value
in a compnRy o~ companies ac~cepta6je to !tie mortgagee, t~e po~tcy or po~Icies to 6e held by, and payable
to, said mortgaflee, and in ~I~e ei~enl any sum o~ money becomes ~.yabte 6y virtue o/ such insuronce Ihe ~
morfgagee ShQII ~IQlTR the ?ighf to re~eiue and apply the same to tl~e inde6teclness f~ereby secured, accouniing #
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to t~e mortgugor ~or any surp~tu: fo pay a~~ cosfs, c~arges, and expens...., inc~uding ~awyers lees nnc~ tif~s ~
sea?ches, reasonnb~y incurred or paid 6y IFe mortgaAee ~ecnuse o~ the (ai~ure oj 1he morigagor to prompt~y #
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anc~ ~u~~y rnmp~y wit/~ fhe agreeme~ts. sfipu~ations. eoadilions and covena~is o( saic~ notp und this morfgage. ~
or eit~er; to perjorm, comp~y u~it{~ nn~ a6iile 6y each and ever~+ the agreemerets, stipu~aliuns, cone~ilions and
eor•enants set ~oM~ in suic~ note and this morfgr.ge or eifher. ~n f~e euent f~e mortgagor Jai~s to pay when
due any fax, assessment, insurnnce premium or other sum oj money paya6le 6y virlue o( snid ~ote and fhis
mort~age, or eit~er, Ihe morigagee ~nay pay Ihe same, without wniving or aJ~ecteng the option to jorecbse
or any ofher rigl~f I~ereuncler, and all sucti payments shall 6ea~ interest jrom dnie thereol at the higl~est Iaw- ( -
Jul rate Ihen allowecl by ~he laws o/ t{ee State o( Florida.
~L any sum of money I~erein re(erre~ to be nof pro:npt~y paid wit~~in ~IRTY (3~) days next af
ler
the same 6ecomes due, or i~ each and euery il~e agreements, sfipulnlions, conditions and rnuenants o~ snid
note nnd tl~is mortguge. or either, arn not jully pe?f
ormed, complied with and a6ided by, t6en the entire
sum mentioned in said note, and ltiis mort~apF, or the entire balunce unpnid thereon, skall f
wtFuqith or
!1?erea(ter, at the option oj Ihe mortgagee. 6ec~ome and be due and payable, anything in snid note or' herein
lo !~e contrary notwithstanding. Failure 6y the mortgagee to exercise any o( f{~e righb or options ~erein
providec~ sha~~ not consfitufe a wniver oJ any rigtils or oplions unc~er said note or fhis mortgage acc?uecl or :
e
thereaJier accruing. ( ~
t
;n ~1~V1 the mortgagor hos cnusec~ t~ese pres¢nts to
~ (CnR('ORATE ~
I SF.AL) 6e execuled in ifs nwne, anc~ iEs corpomte sea~ to be hereunto a~~ixed, by ifs `
~ proper o~~icera thereunto duly au~horized, the day and year ~irst above turitten. :
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' PATIO-I.AND OF A.*~IERICA, INC . i,
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, I ATTEST.---------•------~-------•-------- - . K-iti':~, . . .
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$ign , s~a anc~ c~el' re~ t~ie presence of : J~T ' a t: r,Z ~i
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~ 9 ~ND RECORp~ ~
~~,tlCiE C~tl~?7 fu. ~ ~ •
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ctER~~cr~t coua~~ ~~rf r
REODR01?EMFtEO
~ ` ~1 3 ~ PN'~~1
O! FLORIDA
p~ ST . LUCIE ~ 30 ~
~ o(jice. ddy «dl~orired 'u. tk Stde a~ Cwnt~ o(o?rwi~ a bk
1 HF.REBY CERTIF7 d~d w~ ~Lis dur. b.lon r.~r• m
ji ,ntnts. pt.wrwl[r appearn! .(iC ~//•S~
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4 a+e~~ ~nou~n I~.w~s l0 6e !tie Presf~nl ar~ nspecli~) a~ ltit ca+Padion ~ os
~nqr~9agor ~i~ (~e lflfryoing irtiabu+rw•nl. uro~ Itia! i~r7 arnra~~y oc~rwk~r~gtd t.eetufing l{~t same. in ttie prrfenn y Iwo sadsctiding tuilnrs.KS.
,~retl~ and ~uri1M~Y'-rwjrr aattiorilV Julv resft~ in tFim ~y sai~ corpwulion ar~ tRd I~e sso~ o((iird l~tnlo is Itie 4tr cwpoide sed o~
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, . seTd cwps?alion. . •
.:'~`~~t C;qy an:~ o~jic~a~ staj in l~e Caunlp ard Clde ~asf a~o?esoid Itiis ~Y
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- + t~ h ~ % - NOTARY PUBLIC
~ ~ MLE L NARMfS011,
• - • • • • • • NOTARY PtI8i1C SfA1E OF flOR1Ql1 AT [ARGE
' r~ G:;l^~~ - MY COYW.SSI011 EXPIRES dARCH 31, 197i.
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~ % lri~ I/~U/!//1/f/ll f)h~l!llfrf hy: ~ R ~ .
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c~ BOOIt~~ PAGE~~~~
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