HomeMy WebLinkAbout0865 and ahall per/orm, comply wtlh a~d a6ide by each and every the agreements, alipululions, condition.• and
couennnts thereo~. and oJ Ihts mo?tgage, then Il?is mortgage and Ihe estate herel~y c~~ated, s{~all crase, de-
te?mine and 6e null and void.
~ the mortgagor here6y jurthe~ covenants and agrees to pay promptly when due Ihe principal and ~
t~ferest and other su?na o/ money provtded /o~ in aaid note ond tl~is morlgage, or eithe~: to pay all and
singular t~e faxes, assessments, ~euies, ~iabi~ittes, ob~igotions, anc~ encumbrancea o~ every nature on said pro- ;
perty; to permtt, commit or suf~er no waste. Impairment or c~eteriorofion o~ said land or I~e improt~emenfs s
lhereon at any time; to keeP the 6~ildinQs now or herea~ter on said ~and (ully insu~ed in n sum o/ not less !
than lwvo thousand five hundred and no 100 i
in a company or companies acceptable to the mortgagee, Ihe policy or policies to be held by, and paynble ~
to, said mortgagee, and in the event any sum oj money 6ecomes paya6le by i~i?tuc• oJ such insurance the
morfgagee sha~~ have the rtg{~t fo receive and apply the same to tl~e in~el~teclness here6y secured, accaunling ~
to the mortgagor ~or any swplus: to pay n~~ oosls, charges, an~ expenses, inc~uding ~awye?~s fees ancl fif~e €
searches, reasona6ly incurred or paid by fhe mortgagee hecause o~ the ~ai~ure o( the mortgagor to prompf~y i
and Jul[y ~omply wifh t~e ug~eements, stipu~utions, conditions an~ couenants of sni~ note and I~is mortgage, ~
or either; to per(orm, comply ~uf~ ~d a6tde 6y Qa~h aRCr every tf~e aflreemenfs, stipu~ations, conditio?u and }
covenants set jortl~ in said note and this mortgage or either. In the ea~ent the mortgagor (ails to pay u?F~en
c~ue any tax, assessment, insurance p~mium or of{~er sum o~ money paya6le 6y rirtue o~ saic~ nole and t{~is
morlgage, or either, the mortgagee may pay fl~e same, without waiving or a~~ecting f~e option fo ~orec~ose
or nny other right hereunder, and aIl such payments shall 6ear interest Jrom date tl~ereo( at the Rigl~est law-
JuI rate then allowed by the laws oJ the State o~ Floridu.
~l any sum o( money herein re(errec~ to be not pro:npt~y paicl wilhin thirty days nex! a~ter
the same becomes due, or i f eac?~ nnd enery the agreements, stipulatioris, conditions artd couenants o/ snid
note and this morlgage, o~ either, are not /ully performed, complied witF~ and a6~ded 6y, then t{~e enlire
swn mentioned in said note, and lhis mortgafle, or t{~e enti~e 6alance unpaid thereon, si~all Jortluuith or
Iherenfter, ot the option of tke mortgaflee, 6ecome and 6e due and paya6le, anytl~ing in said note or herein
to the contrary notwifhsfanding. Failure by the mortgagee to exercise nny o~ the righls or options herein
provicjed s{~a~~ not constitute a wniver o~ any ?ighfs or oplions unc~er saic~ note or this mo?tgage accruet~ or
therea~ter accruing.
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ry`•`~i(CORI'ORATE ~n ~~"`~S ~~e01 fhe mortgagor {~as causec~ t~ese presents to
~~~.1n~~.`~ SEAL) be executed in its name, and its corporate seal to 6e hereunto oj~ixed, by ~rs ~
~u.~~``~~-;x~ proper o~ficers t~ereunto du~y aul{~orizec~, ihe day and ye~ first aEioue writfen. ~
,
~ ATTEST:.--------•--------------------------------------•--....------------------ --------.Scott-Johnson, Inc. ~
- -
~ Secrctary
! Sign~ sealed nnd ~e~iuerec[ in the pres~nce o): ~
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~ `~~.'l.~l' ,~,~t~..~-~~!.~-.--'•-"..."'--'..."-"•'-•'- ST-LUCIL bOU 7 ~ s
~uj A.C/ i
~ C~ER~ ~ ~?7 COURT ~ ~
~ P.F°fF^ ;C- •~E~ . ~
AeR y 10 is AM'~5 ~
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~f F LO RIDA ~ a~OS46S
~Q(~~ Q~ ST. LUCIE
1 HEREBY CERTIFY d~~ on d~., day. 6.(«. ~ oJJ~. d~.ly aw6«~:,.d ~ dK Sia~. ~d C«.~y aJaP~td to ~~~i~dg-
ve~«bllr avvea.rd
~ I Edmund D. Johnson, Jr.
~ urll ~enown Io mr fo be I~e Preiident and res~rclir*e~y o~ !~e corpordion ~wmed as
~ ~nrtgagor in ltit ~oregoing irutrumenl. and t~wf ltiey xvero~~p ac~enou+~ef~ P.~PfUIIRp IR~ .ame. in f~e prrxnce o~ hro wbscaibing urilnesaet.
(reely n~d ~l~„~ia,:ly under aullsorily du~y t+estrd in 1{~em by wu1 co?poralion an~1 tl~ut tl~e seu~ a(~ixvd t6vrelo is ll~e true co?porat~ seal o(
said corporation. f .
~ wn'~vF~s mY I,~d a„d o//~~1 ~t ~?,e C«„~,, ~,d s~~P a~~~;d d~:. 2nd a~April ~
~ A. D. t975.
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