HomeMy WebLinkAbout0003 an~ sha~~ per~orm. comp~y u~itl~ and aGide by i~ach and every the apreements. stipulalions. condiliuns and
covenanls Ihereo/, and oJ Ihis morlgafle, then thia mort~age and the esta~e hproby create~l, shall cease, de-
termine and 6e null and voi~.
' IUL~ the moNgagor here6y ~urther covenanfs and agrees fo pny prompi~y u~he?~ d«e fhe prineipo~ oncl
inlerest ant, othe~ sums o( money provic~ed ~or in said nole and this mortgage, or eilher; to pay a~~ and
singu~ar ftie faxes, assessm~~ts, ~evies, ~iabi~ilies, ob~igalions, an~ encumbrances o~ every nalu~e on sai~ pro-
pe?!y: to permil, commi! or su~~e~ no wasle, impairment or deteriornlion o~ sui~ ~anc~ or Ihe improi~emenls
fhe~eon al any fime; fo kpep I~~e huilclings nou~ or {~erenjfe? on saicr ~anc~ ju~~y insure~ in a sum o~ not ~ess
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in a company or companies accepta6le lo Ihe morfgagee, f{~e po~icy or po~icies to he held by. and paya6te _
to, snid mortgagee, a?id in Ihe euent any sum of money becomes paya6le by i~irlue o) such insu?ance Ihe
mortgayPe shall ha~•e fl~e ri~{~t Io re~-ei~~e and apply tl~~ same to the inde6~edness here6y secured, accounling
lo the mo~tgagor ~or any swplus: to pay a~~ costs, char~~es, anc~ expenses, inc~u~ing ~awye?~s Jees an~ tit~e
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searches, rFasonably incurre~I or pni~ ~y f~~ moN~apee ~?ecause o( l{ie ~ai~ure o~ ihe mortgagor to promplly
an~ .~u~~y comp~y u~ith the agrePments. sfipu~afions, conc~itions anc~ couenants of said nofe and this mo~fgage, s
~ or eil~er; to perJorm, comp~y u~ifh and n6ide ~y ~acti anc~ ei~ery f~i~ agreemPnts, slipu~afions, coridifions anc~
I coi~enanls sef ~orl{~ in saicr nofe and Ihis mortgage or eifF~er. In the ri~e?it 1{~e morlgagor ~ai~s fo pay u~hen _
due nnv ta.r, assessment, insurance premium or of{ier sum o~ money paya~Ie by ~+irfue oJ said nole nncl this
mort~acle, or eif~er, ihe morlgageP may pay (~e same, u~ilhoul waivinfl or aJJecting ftie option to ~orec~ose
o? any otl~er ri~ht hereunc~er, and aU sucl~ paVmP~~ts shull bear interest jrom date t{~ereo( at the highest law-
~u~ rafe f~ien a~~owe~ f~y 1~~~ ~au~s oJ t~~e Sfate o~ r~ori~a.
I uny sum o~ mon~•y ~ierei~~ re~erred /0 6e not pro:npt~y paic~ wilhin thirty ~(Qys next after
~ the same 6ecomes du~, or ij ~~cl~ and ettery tJ~~ nqreemenls, sfipulaiions, conditions nnc~ covenants of said w
I~ note an~ Ihis morlgage. or ei11~~r, arF not ~ully performed, compliec~ witti and abiclet~ 6y, then tf~e entire. ~
sum mentioned in said nofe, and this morfqcu~e, or tlie enlire balnnce unpaicl thereon, shall ~ort{uuith or ~
• l~ereaf ter, al f~ie opfion oJ l~ie morfc~n~~~i~. E~ecome antl he ~ue nnt~ paya6~e, anyt{~ing in sai~ nofe or herein ,
~ to l{~e contrary nofte~it{~sfanclinq. Failure ~~y tlie morlfln~ee to exercise any oj ihe rig~ts or opiions her~in ~
pro~~t~~e~ s~~a~~ not conslifule a wainer oj nny rig~ts or oplio?is unt~er snit~ nole or fhis mortc~nge accruec~ or ~
I~~ereaJfer accruin~~. j
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~ • ` (('pRf~t)[t;t'rt: ~n ~itness ~hereof f~~e mortqagor I?as causec~ f{iese presents~lo ;
~ ~1f I E,~ execuf~c~ in ifs name, an~~ its Corporat~ s~al to E~~ ~ereunto a,~ixec~. 6y its
# 1\J`~ proper o~jicers th~r~urtfo tlt~~y aul~~ori_~~~. t{ia c~ay ancl year ~irs! ahove u,rilten.
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~ ' ~ ` BETTER HOMES ENTERPRISES, INC. ~ ~
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~ t ttr~?r?:nv ~•r a~n v~Gu~ un ~1~~s ~l~iv. ~~•(orr m~. un u(J~~rr d~Jy ou~{~w~:rc~ m the $Intt nru~ rounty n(oresai~ tu Iulre ac~utou•~edq-
_ ,,,.,~~3. ~M.s~..~,~tt. ~~,,h,~.,,~ C.A. {~tI~iIPKEY
u'r~~ ~rnuu•n lo nv {w• ff~~• ~~rru~~vnl t~nt{ ~PSptrfil•t~y' o~ thP cor~wra~fon rwmr~ as
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_ - nwxiyugn~ m ftiv ~nrrp~wnU u~.lrumrnl nn,~ t{+al I~~r~~ arrw~~~~p n~~nu~n~v~lyv.I v~rcufiny 1I~v wrne. in 1{~t prexnt'e o~ Iu~o subscnf~ing u~dntsses. _
_ +rcr~~ um~ r~~untun~~~ ur.~jvr autE~unh• ~lu~v r.>(rJ m Il~vm wi~ aor~~~rulion an~~ I~~nt ttie sra~ a(~i~ed I~rrelo i> !tie Inu cor{w?utr wa~ o(
- .nii~ u~r(x~rulinn.
% ~vrr~•r.~~ r,a.~,i ~~1,.~~t ~ai ~ti.• c~~.~~~, u~ ~~o~. ta,~ olwP~d lOth .to, o~ December
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° ~ ~/%r:~ L~stnuar»~ F~~~ar~,! l~y: C.A. WHIPKEY, President-Better Homes Enterprises,
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,~1JJr~_~s 601 West First Street, Stuart, Florida 33494
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