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anc~ sha~~ pe?~orm. rn+nP~y u~ilh ~nd abido by eac~ an~ e~~erp l1~e ogreements. sfipu~ntions. eonditions arw~ 7
~orena~i3 thp~eo(. and o( Ihls ~o?t~a~ta. ~I~en tRis morf~ape and ~h~ estate her~e6y crsated. sl~nll c~eos~. de-
lermit~e an~ Ix~ nu~~ an~ t~oi~. _ +
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t~P morfgano? hen~by f
urfhe? c~ove?wnfs arur agrees !o pay p~o+nP~~r a'ht?~ u~ue ths p?inripol and ~
inleresl aud ol{~er siims of money prori<~e~ jor i~ said note and ftiis morlflage, or elfhPr: to pa7? n~~ a~ :
sinpula~ the la.res, ussessmenls, IPUies, lia6ililies, obltgnfions, and encum6na~css o( et?ery naluro on sald pro-
perly; lo permii. commlt or su(jer no u~asle, tmpainnenf or c~eterio~+afton of satd land or f~s irnprovemenls
Ihe~ n al anv tim~:
f{~an
in a company or companic~s acY'epta~~e !o I~e mortgafle~ or po es to ~ he~ 6y. and Pnyab~e
!o, saia mo?lpaqee. ane~ in fl~p erpn money ~c'o+nes ~xi~bb 6y virtue o~ such insurance itie
mo?tgagpe s~~a g to receii~ nnd aPPIY the same to tl~s inde6tedness here6y aecured. ncrounting
fo pay a~~ c~osfs. c{~arges, nnd expenses. inc~uc~ing ~awyer s(ees and tll~e
searcties. reasona~Iy incumKl o. ~~d 6y ~hp morlgagee tiecause o~ !{~e (ai~un o~ ftie n~orlgagor to prompf~y
an~ ju~~y comp~Y will~ ~Ise a9~ements, slipu~afions. conditions a~d coi~ena~ts oj said nole and tl~is mortgnge.
or eil~ier; to per(orm, comply witli and a6ide 6y eack and euery lbe ngreemenfs. slipu~alions. condifio~ts ared
c~oi•ennnfs set ~orf{~ in said note and this mortgage or eitl~e~. In f~e eveat fhe morfgago~ ~aiu to pay wke~
c~ue any tax, assessment. insuranc~? premium or otl~er sum oJ ~,o?~er ~ya6[~ 6y t+irtue o~ saic~ note nnd ttiis
mortflagP. or eil~~er, f~e morfflage~ may pQy ttie same, ivithout wniving ar a~~ecting ihe option to forec~ose
or ~ny ol1?er rin{~t I~erni~n~ler, and all suc6 payment~ shn[l 6ear intp?pst jrom date iherro~ at the higF~est lau?-
(ul mt~ Ihen allowecl by Ihe lau•s oJ IF~p Stale o( Florida.
any sum u~ mo?~ey tir?ein re~errnc~ lo be not prompl~y paid wiftiin Z~J days nexf n~ter
IE~e snme tiecomes aue, or fJ eacti an~ ei~ery Ii~e agreempnls, stipu~ations, conc~itions nncl covenants of saie~
nofe and Ihis mwiga~e. ~r pilher, are not jully perjorme~l. c~omplied wtth and a6idecl 6y, tl~en tl~e entire
sum mentioned in said note, and this mort~age, or If~e enli?+e 6alnncr unpaid tl~erewn. shall jorthwit{~ or
IhereaJler, at t/~~ opfion o~ I~ie morfgapee. 6ecome and 6n due and paya6le, onyt6ing in said note or herein
to f~e conirQry notu~iftistancling. Failure 6y ttie morfgagee to exerrise nny of Ihe rig~ls o~ options herein
pro~+ic~e~ sha~~ not constih~lp a u~aiver o~ any ri~tifs or opfions under said nolp or l~es mortgagp ncc?ue~ or
I~P/PA(tcr accruing.
~n ~~O{~ ~/IP 501~ mortgagor I~as hereunlo signpcl ancl seale~I f{~ese presQnts fl~e: ;
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~ay ancl year lirsf atiai~e a~ritfen. ~a••~~N~N~~~~~~~iti~ .
QUEEN' S COVE PROPERTIES ,~~C~F *ai i~
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$igne ea~e~t~ an cre~i~+e~ 'n the prespnce ol= Florida eorpora II ~ j{•i~ ~ j~'•~ ~~Z~~,~~
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i/wR V~IV~~~ 1
*acEa ~~r~e~s
CtERK ~~r;t~T C~IMt; ~
RECORa VEFJFtEp,.~~
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STATE OF FLOR DA
COUNTY OF ` `~~~~t ~i.$
I HEREBY CERTIFY that on this day, before me, the undersigred
ai:.thority, personally appeared ALEX B. CARDENAS and SHIRLEY J.
CARDENAS, respectively President and Secretary-Treasurer of
QUEEN'S COVE PROPERTIES, INC., a Florida, corporation, to me known
to be the persons desciibed in and who executed the foregoing
instruments, and severally acknowledged the execution thereof to
be their free act and deed 3s su~h officers, for the uses and
purposes therein mentioned; and that they affixed thereto the official
seal of said cor~oration, and the said instrument is the act and
deed of said corporation.
WITNESS my hand and official s al n~. t~'~~..,Stat~ and County
aforesaid this day ~i ~:~~974.
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