HomeMy WebLinkAbout0915 and shall ps?jorm, comply wilh and ob~d~ by ~~~h ond evary th• ag?+omer~ts, allpulalio?u, conditions and
~ ehe~nenls 11~e?eoJ, and o) tf?is mertgaae, tlecn !hts rROrlsaaa ~nd :h~ crlate hanby ue~td.f, ,l~;.ll ..rwr. .lu-
iKrr~in~ and 6~ null and iwi~l.
~ the n~ortpagor 1~preby ju?Iher covenanls and ognea to par promplly w1~tn dw t~e p~tncipal and
inlerea! cu~a othn sur?u o( money pro~~ided f or in snid noto a~ t~L ~nortgoge, or alfher: fo pny a~~ ana
:inQulor the taxes, assessmpnls. levies, Itubilitiea, oLligotions. and ancumbrances of every natu?e on said pro-
pi??fy; fo pnrmil, rnmmtt o? su~(e~ no waate, impatrenent or defgriomlton o~ satd ~nnd or the improvementi
thp?eon at any ftme; to Ireep ihe 6uildings now o~ 6ertaJfer on :alc1 Iand (ully tnsured tn a suen of nol less
~I~on highest inaurable value
in u c~ompany o~ rnmpanies acc~pfa6lc fo Ihe mwtgagee, Ihe policy o~ policies to be held 6y, and payable
fo, satd mwtgagee, and in Ihe auent any sunt oj money becomes a.yo61~ 6y virtue o/ such in~uronce the
morlgagee shall 6oi~e Ihe rigbt to receive nnd apply the same to ll~e inde6tedness I~ere6y secured, accounting -
to !~e mortgagor jor any surpjus: !o pny a~~ cosls, c~orges, on~ pxpenset, inc~uc~ing ~awyer s~ees and fit~e
seorc~~ea, reuso+iu~fy inc•urrrc~ or paed by tke mortgagee 6ecaute oj t~e iailure o~ f~e morlgagor fo prompf~y
~ ancl ju~~y rnmply u~ifh the aAree~r?ents, sl~pu~alions, condifions an~ covenants of said note and ttiit mortgage.
or eitl~e?; to per(orni, rnmply with und a6ide 6v each and every ~F~w on?vnmanie. ~H~+ain~ion•, c!?ncliteera and
covenants ael ~ort~ in sai~ ~ole and ftiis mortgnge or eil~er. jn !he even! !~e mortgago? ~ai~s fo pny tu~en
c~ue any tnx, assessment, insurance p~emium or ot{~er sum o( money payab~e 6y uirtue o~ snic~ note une~ thia
mortflagp, or eil~er, f{~e morfgagee moy pay ftie sar+~e. wiltiout waiving or al~ecting the opfion to Jorec~ose
or any other riAh1 hereunder, and all suc1~ payments shull bear inlerest jrom dale thereoj at tke kigl~eN Iaw-
)u~ rote fhen allowetl by Ihe Iaws o( fhe Slate o~ F~oricra.
~l any sum oj money l~erein re~errec~ fo Eie nof pro:nptjy paid within thirty (30) dars next a~ler
Ihe wme becomes due. or iJ each and euery 1he ag?eements, slipulations, condiftons and couennnts of anid
note and this morlgagp. or eilher, arp nol f ully per/ormed, compl~ed witf~ and 46~ded by, tl~en the enlire
sum menfioned in said nofe, and ll~is rnortflage, or the enlire 6alance unpaid thereon, s6a11 ~orlluqith w
tl~erea~ter, at the option oj 1{~e mortgaflee, become nnd 6e due and paya6le, anqt6ing in said note or'herein ~
!o ltie conlrnry nofwit{~stan~ing. Fai~ure by f~e mo?tgagee to exercise any o~ the rights or opfion~ ~erein
provided s~n~~ nol constitule a tuaiver of any rig~ls or options unt~er suid note or I~is mortgage ncc?ue~ or
the~eo(ter accruing.
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~{t ~~`n~ ~IK`LV~ Ihe morfgagor ~as caused these presenb to
I'; (CORI'ORATF.
~ Sf=AI.) ~e executed in ils name, and its co?porate seal to 6e hereunlo aJ~ixed. 6y ~
j~ proper o~~icers thereunto t~u~y nulhorized. !tie t(ny nnd yenr fint a6ove writte~.
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' 0~,~ uc~i rii Fiu~"T'r~"~ iZZ, II~iC.
~~iTCST• _
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~ ~ .J J SctrN~ry
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' $igned, t~e ' e~ i t~ie presence o~: ~ 1
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gY-•---,
- - • • • - Presidenl
n s
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; wit f I~p tM!! R~Ci?icUE~'
i iT• LlJCIf ~OYMTr f~~.
iCCEt ~O11AR5
! ~ CIERK CtR~UiT COUR' ~
i RECORO YEflfiEd~-
! ~ OL FLORIDA M. ~ ~ / ~ 3 %s PM ~Z~
~Q~ Q~ ST. LUCIE
` ~ 1 HERF.BY CERTIFY ~Ib~ ~ Jw day. 6.J~ ~ o/(~. d~.lr a,rl~o.+~d ~ d~. Sbe. d+d C~+r o(o?r,ad a aL. abw~kdg-
~ ~ ..~.~us. v~n~lir ~v~J
John R. Rea and Donald E. Jacabson,
, ~ 4YII ~ ~o ~ ro ~ ~tu P..~:d..~ a,d Secretary Treasurer ,,,~;~i, ~ ~ a
~ mwipogd in l~e ~ar~qoing instrumen/. and l~w1 I~~r srvero~~r oc~~edped eiecWLy~ Itit wmt, in I~r p?eatnoe o~ fwo wbsntbnp wilnrs~es.
f /.nlr ~d oo(~na.iJy w~l.. a~,~?~o.i~r dulr .Yued in ~6e~ 6~ wid co.po.wio.. and J~o~ du .eol a/ju~d J~.e~o ts d~e aw ewPwo~e s.ol o/
so:d corpwaeion.
ch
Wij'NFSS ~wr 1w^d a.ad o(Itcinl ,eat ~n lhe C«u?~y md slde la., o(o~e,oid t6is 16t dn~ o~
i A D. ~47T. / /
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f . Notary Public
1) '..t3: ; c~ . ~`~:ary ^~,~,t~c, ~iarc cf F~cr:~~ at Large.
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Cammission~c~4?r~won Ea~,~.:s ~cpr. l, 1977.
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