HomeMy WebLinkAbout1736 ~d ,hall ~Jorm. comply wlth and a6ide 6y ~k and every the agreementa, slipulaNoru, rnncllflons and
couonanta thereof, and o/ thL morfgage, then lhis mortgage and ~he estate h.~by created, shall cease, de-
t~ina a~d be nul! w~d void.
~ th~ nwrlgngor here6y jurther oovenanb and a9?e~s to pay prompfly wl~en clue fl~e pNncipnl and
interest and ah~ sunu oJ money provided (w in said note nnd thia mortga9e, or eitker: 1o pay al! and
atngular t~e laxes. asaessmenti, ~evies. ~ta6i~Ities. o6~tgaltons. a~ encumb?ances o~ every nature on aaid pro-
perfy; to permif, eommtt or suf~er no waste. impairntent or deferiomtion of snid ~and or f~e improvemenla
fhereon nt nny time: !o keep 1~?e bui~ings now or herea/ter on satd Iand jully iraured in a sum o~ not less
~han Three hundred thousand and no/100 Dollars ($300,000.00)
in a con~any or rnmpaniss acceptabje to t~e morlgagee, the po~icy or poltctea to fie tie~ by, aRd ~xiya6le
to, satd mo?tgagee, and in the event any awn oj money 6c~omes ~yab[R 6y vtrtue oj such inaurance tf~e
mortgagee shnll huve tF?e rig6t to reoeive nnd apply the same to the tnde6tedness he?e6y secured, aocounttng
fo ftie morlgagor Jo? any swp~us; to poy a~~ cosls, c{~anges, nnd expe~sea, inc~uc~ing ~awye~ s~ees ane~ ttf~e
senrches, reasona6ly tncurred or paid by the mortgagee beeause o~ 1{~e Jai~ure o~ fhe mortgagor to promptly
and ju~~y comp~y u~ith the agreements, sttpu~ations, condittons nnd cvvenants oj said note and this morlgage.
or eitl~er: to perJorm, comply wilh and abide 6y each and every ~t{~e agreements, stipulations, conditions and
rnvenants set jorf~ in :ntd note and l~~.i morlgnge o~ eit~er. In fhe event the morfgngor ~ails to pay when
due any tax, assessment. inaurance aremtum or of~e? sum of money paya6le 6y vlrtue of sakj note ancj thia
morfgage, or eit~er, t/~e mo?fgngee may ~x,y ~he aame, wifhouf watuing or nj~ecting fhe option to loreclose
' o~ any other rigl~t hereunder, and all such pnymcnls shall 6ear interest (rom date tF~ereo/ at the hig6est Iaw-
f
ul mte then allo~,~d by eke laws oJ tbe State o/ Florida.
~L any sum of money herein re~erred !o be not prornpt~y paid wit~in thirty c~uys next a~fer
'i tl~e same bec.-omes due, or il eac1~ and e~e?y t6e agresmenls, alipu~alions, concfilions nnd c~venanla ol satd
I note aad this mortgage, o~ sither, are no1 JuIIy perjormed, cornplied with and a6~d~d by. lhen the entire
k sum menttoned in said note, und tl~is mortgnge, or t1~e entire 6alance unpoid t{~ereon, shall ~ort{w~ith or
~ thereojter, at tl~e option of the morlgagee, become and bcr due and paya6le, anything in said note or l~erein
to I~e confrary notwithstancting. Fai~ure 6y ~he morlgagee to exencise any o~ the rights or options herein
pro~ided s~a~j not consfitute a wniver of any rights or oplions une~er said note w t~is mortgage accruet~ or
t~erenf ter acc?uing. ,
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~QA~'~~:~ ~ •d . ~n ~lLl~ !~e mortgagor has causec~ these p?esents to
.(~~TE .
r~ ) ~ie executed in its ~ame. and ifs corporote aea~ to be her+eunto nf~ixed. by ita
h~+~??pt~h„~~ . proper o~~icers tf~ereunto duly auihorized, the day and year ~int above written.
•
A~ NORT IL GOLF CLUB, INC.
• 4_r.cv~,__-~_:__...--•-----------------
$igned, s and delivered in the presence o:
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~EC Lb. FiGvK
~CC,~ t.C~U1~ii(~~~-
Et~:ci' rvftR~
Et-:'.~. ~i".~~if C6U~i
~ f,.n~-. •.t~`?f=~~s~!'~
~ ~ M PM'7~ 3~~
~~Q pf Florida Z
St. Lucie
1 HEREBY CERTlFY tJwt on t6[s day. 6eJo~ mr. ~ d?rn. d~.lr audw~r~d in d~e C~a~e ond Countr o(onso~d 10 ~ulee ocf~o~~(edy-
a.~«nu, ~ra Arthur Young and James P. Barry
uYu ~o ~ ~ ~ ~ Pnsideni arwl Secretary ••~+~n?r d~ ~ ~rn«~~ ~ a
1 morfgogor in ltie ~orrpoing insfrumrN. o~ llwl I~ey xverauy ac~enonaedg~ ereculing ltie samr, in f{w prsrreor o~ fuw sudscri~inp ~silnrues.
I ~.Klr a,~d ~L„~e~?~Ir „~.d.. awl~y ddr orsted in ~I~m 6y soid corporot~on und +{w~ d~e xal oJ(iurd t/rn~o is ~I~e we eorporo~e xol o~
wi~l co.no.otian.
wrrn~E.ss mq ~d ~t ~//~t ,~d c~e, d,d s~~,. t~ 7th d November
a. n. ~q 75 ~
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~ ~ , ` ` . . - ~ MMI..StON EX~~~ES Fii T~I~IR(3E
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1 ~ ECuK ~4c~ PAGE1 / ~Z
~ Documentary stamps affixed to original note.
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