HomeMy WebLinkAbout0737 and shall perJorm, comply u~itf~ and abide by each an~ ei~ery the apreementa, stipulalion~, conditions and
covenanls lhereo~, and oJ this mortgage, lhen thts morlbage and the eslalp hpre6y created, shall cease. de-
termine and be nu~~ and voi~l. ~
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7U~~ the morfgagor I~p~e6y Ju?f~er covenanfs and agrees to pay promplly when due fhe principa~ an~ '
inferesf anc~ ofher sums oJ money providecl ~or in said noie nnc~ this mortgage, or pither; to pay a~~ ond }
sin~ular Ihe ta.res, assessmenls, le~~i~s. lia6ilities, o6ligations, and encum6rances of every nalure on sai~I pro• (
p~rfy; fo permil, commit or sujjer no wasle, impairment or deferiornfion o~ saic~ ~and or ftie improvemenfs
thereon nt any Iime; to keep !he 6uildings nou~ or he?eaJler on said land jully insured in a sum o/ no! less ~
~~O" highest insurable value-------------------------------- ;
in a compnny or companies ncc~pta6le to Ihe mortgagee, the policy or policies 10 6e held by, and pnya6le ~
fo, sai~ mortga~ee, and in the ei~ent any sum oj money hecomes paya6le 6y vi~tue oJ such insurance fhe €
mortgagee shall hai~e Ihe ri~l~f to ~PCPIVP ancl apply th~ same fo Ihe inclebtedness here6y securecl, accounting ~
fo fhe mortflagor jor any surplus; fo pay a~~ costs, charges, ancr expenses, inc~uding IQWyPr~3 Jees ancl tif~e
searches, rpnsonn6~y incurrec~ or ~~d by ~hp morf~n~~e becatue o~ tf~e Jailwe o~ the morlgngor !o prompl~y
~ ancl Ju~~y comp~y wilh fhe agreeme~fs, slipu~ations, conditions and covennnts o( sai~ note and ihis morlgage,
I or eilher: lo per~orm, comply u~ifh and a6ide by eacF~ a?ic~ every fhe agreemenfs, stipu~ations, condilions ancl
covenants set jorf~ in sai~ nofe anc~ t{~is morfgage or eiff~er. ~n Ihe pi~enl the morfpagor ~ai~s to pay w~en
~ due any lax, assessmenl, insurance premium or other sum of money paya6le by virtue oj said note anc~ fhis
mortgage, or eit~er, !he morfga~eP may pay Ihe same, without waiving or nf~ecfing fhe oplion !o ~orec~ose
or any other right {~ereunder, and aIl sucti paymer~ts SIIAII 6PQ?' interest Jrom date thereof at the higl~esf law-
)ul rote fhen allou~ed 6y fl~e lau~s o~ the Sfate o~ F~orida.
~ ~L any sum o~ money {ierein referre~ to be not pro:npt~y paicj wit~in -30- tlays next after
~ t{~e same 6ecomes due, or i( each and enery fhe agreemenls, stipulations, conditions anc~ couenants of sait~
note and Ihis mortgage, or eil~~r, are no! fully perJormed, complied with and a6~ded 6y, then the eniire
sum mentioned in said note, and tF~is mort~a~~e, or tl~e enlire 6a~ance unpnid t~ereon, s{ia~~ (ortluqith or
therea~le~, o! tl~e oplion of the mortgagee. 6ecome nnd 6e due and payu6le, nnyt/~ing in snid note or' F~erein
to ttie contrary notwittist~nc~ing. Fai~ure by t~e morlgagee !o exercise any o~ Ihe rig{~!s or options {~erein
providecl sl~al~ not constituie a u~niver of any rights or options under saicl note or lhis morlgage accrued or i
t{~ereaJler nccruing. 1
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~ ' (CORPOR.ITF_ ~n fhe morlgagor {~as causec~ t{~ese presents to
~ ~f iF_AL) {~e execufec~ in ils name, and its corporate seal to 6e hereunto a~~ixed. 6y its ~
~ i~ er o~~icers thereunto duly autF~orized, ehp day and ye~ ~irst aboue wrilten.
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~ I! ~TTEST:.-- SIX---INVESTORS, INC.
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~ i 1 en R. t n sK.~~a~
r Signed, sealed and delivered in 1{~e presence of :
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~ ~ E3y_ f~?~-
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~ l James E ield P«~aH,~
f~~~~.~ . / 1
1 - - - - LE ~ar :~y• R8 Q
!I ~1. ~~1~ ~ ~~iM~~ 7~~A,
` cLEF%~E";`~~'R~~ ~
iy l1fC.QA~, , y~~T CO!?RT ~ ~
~ ~Ef.ii i[}} \
~ Fce 1 2 so PH '15
~ i ~~te ~f FLORIDA
~
~ ~t?Un~ ST. LUCIE
s~
~ 1 HFRf:I3Y CFRTIFY Ihal on l~is ~~uy. de(on rnr. un o((icer du~y aul~wrired in 1~r $tote anJ CouNy a(orrsai~ to lu{rr oc~enowledg-
~ ;f m.~r~. ~«~it~ a~.,~~..~.r JAMES E. HATFIELD and ALLEN R. OSTEEN
i
urll Irnoum to rr~ ~0 6e ~l~r N.PS~drnt and Secretary nspediot~y o~ lhs co?poraiion rwn+rd a
mwtqagor in 1~~ ~nrrurang insUum~~nl, un~~ I~ut 1{~ry SYIYfa~~y o~4.~o~.a~d~d raecutmq i~e samt, in Itie prrxnce o~ furo subsaribing u~ilnesxs.
~ +revly an~ t~unlanl~• w„Irr uulE~wilv ~~e,~~ restrJ in I~~rm ~~y soid rwporulion and Itial I~t uo~ a~(u~ l~rtto is tke lnie eorporalt sra~ o~
~ j so~i~ c.x~wralu~n.
q ii ~~~R~~:Cti my ~am~ an~~ o~~icia! sta~ in t~e ~ounfy nnd Clal~ ~asl njortsaid Iti~~ ~v daY February ~
~ ~ n ~075. ~
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~ NOTARY PIi~~I,IC,• ~a,te of Florida at =
~ j~ Large:_<, ~
~ ~ ~k PAGE 737 My Comm~~8~o~ ~xp~re~s i - ~ }
~ g~K j~;s ±~s'- -.°<<t was ptep~ ~ Y p ~ ~ _ i
;i _ , • ,
~s II Rsb?rt M. Lbyd Of ' p J ~ ~
llti~ Irr.~lrnuu-~r~ pr~p~,.~,r ty.i~E~<< GnlFFIN IEFfRIGS & lj,Q~ '1' ~ a ~ ~ ~ -
+ 1'14-A f4c~ , :,UeCt ) ~ • <
~ !`'t ,1Jilrr-ts -
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