HomeMy WebLinkAbout2346 1. To pny aU and aingular tl~f principnl and ir~t~?ad anc~ ol~~r awns o( mo~? pnyn6b 6y uktw oJ satd
iwfe u?~d this mortgnge, or eifher, prompl~r on Ih~ days respecftvohr t1u iam~ a~wwUy co+n~ due: lime anc~
amount on the dnys severally when dw b~ing o~ th~ eu~nc~. -
2. To pay all and ai~gular Ihe taxes, wsessments. ~evies. Ita6~lities, o6~igaNona and encumb?anca ol ewry
niilure on satd desc?ibed properly eact~ and euery, and il Ihe same be not promplly patd thfn the anid Mortgng«
may al any time pay !he tame wlthou! walving o~ aflecfing Ihe opfion !o jo?ec~ose. or any other rigl~f htn-
under, and euery pnymen! ao made shall 6ear tnteres! jrom !he date therooj at tht rats o/ g,17 per c~ent.
per an~um.
Z. To pay a~~ nnct singu~ar fhe cosb, c{~a~ges and expensei, including n reatonable atfaney~s ~ee. i~cur-
red ur paid af any time 6y said Mortgagee 6ecn~~ oJ the /atlure on ehe part o~ the aaid Mwtgagor to p~orm,
comply u?itk and ab~d~ 6y each a~d ~ry ehe atipulattons, agreements, oonditto~, ~d eo~na.~e, o( anid note
an~ Il~is mortgage. o~ eifher, and every such pnyment ahall 6ear interest ~~rom ~nte o~ incwrence at !he nafe o`
per cent. pe~ nnnum.
4. To keep saici gow~a. chafte~s and pe?sonal property. o~~ aad singu~ar. in taic~ Counfy, sub)ect to l~te
inspection o~ sait~ r'/ortgagee, nnd in t~e event nny items be removed or ~evied on or au6ject to ~evy in anY
litiflation, the blorlgagee shall ho~ the option io declare, without ~ottce, the eniire sums he?e6y secured
payable (orthwilh.
5. 7 o pc+rmil, commtl o? su~jer no wasfe, impaim~enl or deteriorntton of saitl goods, chaflels or penonu~
~ pro{x~rly, or any par! thereo).
~ To perjo?m, comply u~itk and a6ide 6y ench nnd euery tl~e stipulalions, agreemenfs, conclitions and
~1 rov~nanfs in sait~ nofe and in ltiis mortgnge set ~orl~.
!j any o( said sums of money herein nejerred to be nol promptly nnd ~ully paid as the same set~erallr
i hc~~ome ~Iue and paya6le, or ij eack and every the stipulations, agreements, conditions and cotrennnls oj said
~ promissory note nnd this mortgage, or eilher, are not duly per(ormed, complied with and a6~ded 6y. !6e said
~ aggre,yafe sum menlioned in said no~e and fhis morlgage and each fhereo~ shnll 6ecome due and payable jortl~-
u~if~ or t~erenJfer at lhe opiion o~ t~e N/ortgagee. as fu~~y and completely as i( fhe snic~ nggregate sum poyab~e
~ 6y uirtue oj said note nnd this morigage, eaclz and euery, were originally stipulafed to 6e pnid on :~k dar,
i a?~yth~?~~ in said note or herein to the con~rnry notwithstanding.
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1~ ~n ~~tn~ ~~r~l~ !he said Motlgagor has signed and sealecl fl~ese presenls tf~e day and yea~
i jirst a~vp u,ritten
~i Southeastern Aircraf Sales & Service, Inc.
Si~~ned, sea~ed and delivered in the presence of :
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_ ~~te Of Florida
( ~ounty ofSt. Lucie
,
~~riereby ~et~tify~ thal on ~f~~ day, be)ore me, an o~~icer cluly authorized in the State
~ aJoresoid and in the County a)oresaid !o taFre ac?rnou~~edgments, personn~ly nppearec~
Charles Stone, Jr. Pres. of Southeastern Aircraft Sales & Service, Inc.
, to me Fcnown to 6e !~e person descri6ed in and who executed tbe
(oregoing inslrument and he ncknowledged be)ore me Ihal he executed f{~e same.
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~ ~~1~ my hnnd and of(icial sea~ in ihe County nnd State ~qat a~oresaid tl?is 9~ dny of
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September 75. ~ ~ /
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. A. D. t9 , G~+` <; ' i
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` `i` :t ~ t J ; . INSURANCE UNOfRWRITEl~ I
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