HomeMy WebLinkAbout0350 i
nn~ shall perjorm, comply u~ifh an~ a~ide by each ar~c( euery f~e ag?e4menls, sltpu~alions, con~~itions artd
covenanlt thereof, and oj Ihia mo?fgage, then fl~ii mo?fgape and ti~c estate her~hy rn+ated, ~hnll cea~e, de-
lenr~ine and 6e null and voiil. ~
~
~ the mo~tgagor here6y /urther couenanla and agrees !o pay promp~ly when due the p~inctpa! and
interesl and ather sums oj money provided ~or fn :aid noto nnd thla mortgage, or etther; to pay all and ,
singu~ar f~~e taxes, assessme~ts. ~evies, Iiabllifies, oh~igaltons, and encumb?ances o~ euery nalu?e on safd pro-
perty; to permit, commit or suf~er no waste, tmpairment or deterioratton oj said land or I~e improuements
Ihereon af any f~me; fo keep the tiui~~in~s nou~ or {~erea~ler on satd land /ully tnseaecl in a sum o~ not ~ess
Ihan ~
in a'company or companies aCCPPII~b~ ~O the mortgagee, Il~e pol~~y or policies to 6e held by, and ~yabl~
to, saic~ mo?fgaflee, and in Ihe even! any sum o~ moriey 6e~comes payab~e by i~irfue o~ suc~ insurnnce the
mortgaere stin~~~have fhe rig~l to ~eceive an~ apply the same lo Ihe indebtedness f~ere6y securt~, accounttng
fo fhe morfgagor jor any s~uplus; fo pay a~~ cosfs. ~ha.flPS, anfl expenses, inc~uc~ing ~awyer~s lee~ and lif~e
searcf~e~, reasona6ly incurred or paid 6y fhe morlflagen ~ecaase oJ t~e Jai~ure o~ the morfgagor fo prompf~y
and ju~~y comply wit{~ ttie agreements, sfipu~ations, co?ic~ilions ana covenanfs oj saic~ nole and this mortgage.
or eii~er; to perjorm, comply witl~ and a6iJe 6y eacti a?id ei~ery ihe agreemenfs, atipu~afioru, condifions ancl
rnvenanls sef Jorlh in sai~ nofe ancl this mortgage or eifher. ~n I~e euent the mortpagor Jai~.t to pny w~en
due any tax, assessment, insurance premium or otf~er sum oJ money payable 6y virtue oJ said ~ote and tl~is
i
mortgage. -or either, t{~e mortyagee may pay lhe same, wif{~oul waii~ing or af~ecling Ihe oplion fo fo?ec~ose
or any oll~er righf hereunder, and all such paymenls shall 6~ar inleresi /rom date fhereo/ al the higl~est lau?-
( Jul rale Ihen allowed 6y Ihe lau~s oJ the State oj I~lorida.
~L a~y sum o( money hprein~rpJerrecl to be nol pro:npfly paicl wil~~in dayi next a~fer
ftie same ~ecomes cju~, or i~ pac~e and every the a~r~emenls, stipu~nfioru, conc~ifions ant~ covenants oJ saic~
note anc~ this morl~a~e, or eith~r, are not ~ully pprJormed, comp~iecl wifh anc~ o6ided by, then fl~e enlire
siim mentioned in said note, nnd f{~is mort~agp, or Il~e enti~e 6nlance unpaid thereon, s{~all /orf{uuilli or
~ I~erea~fer, at fhe opfion o~ Ihe mort,ryar~~p, ~~~come anrl ~p clup anrl paya~Ie, any!{~ing in saie~ nofe or ~erein
i fo the conlrary riotwilhstandinQ. ~~ai~~ae by ~hp morlc~aflee fo exercise any o( fhp rights or opliona herein
i provicred shall no1 consfitute n u~aii~er o~ any righls or options unaer snid nole or I~is mortgage accruec~ or
~ t{~erea~ter pcpt~ng..
ij , _.N:1lU11ty~ ' ` :
~ .~'~UR~
' ~ ~,Y~....,;
v 1r
~ -
IP~ ~
~ ' ^~!._',a,~c~:~ i.
.
; fl°~`.~ c0~:~.~ Z _ .
- ~y oir~'s~ . . ~
. ~...r~ O n} _
. ~ `v~ .
Cl Y .
i~ . s-. ~
a~''M•.•••~(~~RATE ~n ~~tness ~hereof Ihe mortgagor has caused fhese presenls to
•~j~ AL? ~~P execufecr in ils name, and ifs corporate sea~ to 6e hereunlo af~ixet~. 6y ~rs
"''~~~trn~~~su~"~~ ro er o tt ers fl~ere~urJo clul authorizpd, the
p p f
J' • y c~ay anc~ year ~irst nFiove writlen.
t ~ Q t
' ATTEST:_.B~_. F...,~~.~~~:t/----.---_ FORD RPLANE COMPANY :
1 - . f
~ y C. o d sn.N,~.
~ Siflned, SPp A/7(I [~Q ~l~P~etl in PIIfP O~:
~
, , ~ 1;.~- ._.....--~r
~ ` - - u- " Vernon C. Ford
.
" ~ f~~tfo k?rr~ ~pDr,t~:0
- ~Z.l.tlClE vD;tif!1'~' ~
iltiCEe~ 'r)~TR;S
- CLEfx Ct:,~~~~r C4~iR
' ~'ECt;F.y YEi••c~~ ~
I ~ ~
. ~ ~ ~ ~
~~t Of ~ Florida 33g
~~t~~ 0~ st. Lucie 43~'~
~y
1 HERF.N)" rl'.R7'1I~Y i6a1 on fl~is ~~ay. 6r~nrr mr. an o~~it»r du~y outtio+i:r~ in 11~r $lutP oru~ (_~ounf7r a~w~sald ro lc~er at4nou~edq-
,
"'~°'s' Vernon C. Ford and Byrd C. Ford
Prrsidrnf and Secretary rrs~~lirely a(' 11~~ cwpordian mmrd ar
~ uw~~ ~nuu~n lo mv 1~ ~ ftir s
i mwfqogo? in 1~ ~or~p~xng inatrumrnl. and I~al f~y x~vru~~y ac~nou~tdpn~ tcr~uliny II~ :.amt. in I~v ~svnn o~ /ro tubsnibing utilrKSfrt.
~rrtl7r an.~ [~unlwi~y wul~? aul~urity ~lu~y neslvd in Itiem by w:J t'w~wxution anr~ ttiat Itit frul a~~iaev~ I~rrrlo is 1hr tn~e enrporolr sto~ o~ :
. !
wid corporatinn. ? ;
~Vfl'.~f:c~ .~y la~d a.~d oJ/~~;d xd M~iK ('«,.~ry ~,d S~~e. la~ o(o.,.,md i6;~ 25th ~y, +~}~TL@ ~
:
A. u. ~a6 . ' ~ .~f ~
j ~ .
~ . i
. ,t`~i~~ ~ ~ ~ • % y : ~
' .
~ • U
J ~
; . n
• - - .
_ N~~ ARY P L , 5 ~~o p~id1
at Large • =
My commission ex~~,~~,s.;;,f1~~. ` ,
.
fholo:; Pv's•~ ei~•3.~~~-!!~~~y o!'Larga
ll,if I,wrrrm~a~ rcd b : ~"r c°`°:".'° _Ar : : ~ ,r 1979
y . ~E•.~ R~ i'aF?EO BY P+or3c:i br i+...1~.c~.i fu• 6 Cosualtr Co. `
Al~(~ICXJ ~..'.i.+iLc:S R N. UF10WN
ii
F U E10Y 1416 • 3 V 1 < <'-i ST. c
FGH` P't.R:E. FLGHt[iA 3"s450 r~t ~J~ y~.r ~ `f
r z + Ew~
~ _ _ _
_ - ~ ~
~ . ~ - . _ . . . _ ~ . , . .