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HomeMy WebLinkAbout0455 A~ ZhpII pPlform, rnmp~y u~itti ana a6ids 6r eacl~ and eaery fhe agre~menta, itipu~atlo~ia, eondiftons and co~?enant's t1~Meo(, and oJ thb mort9a~s, then tl~is enortgaes and the sitats hero6r crented, i1~a11 cYw~, d~- termine and 6e null an~I iwicl. ~~he mwtgopor he~u6y (urtl~e~ eovenanta and agree~ to par promptly when due the principal and lntere~sl and ofher sums o~ mo~ey providec~ ~or in :alcl note and ftiti mortgage, or eittier; to pay n~~ artc~ singu~n~ fhe taxes, assessments. ~evies. ~ia6i~ilies. of,~igntlont; and encum6rancea.oJ euery nnlure on ~atrl pro- perly: to permif. rnmmtt o? su~~er no wasfe, impairmenf or deterioratlon o~ iaid land or Ihe improuemenia ftisreen at any Itme: to 1e~p ftie but~C/ings now or {~erwa~ter ort saiel Iancl ~ully insure~I In a aum of nof ~esi ~I~an full insurable value tn a co?npany or compantes accepta6le lo Ihe mo?tgagee, tl~e policy ot polictes eo 6e he[d 6~, ond ~~61e fo, aatd morl~agee. and in 1he euent any sum o/ money becomea ~ya6[~ by virtue oj suck inswance tk~ mortgagee shall ?~a~e the rtghf lo receive and applr fhe iams to tRe tndebtedness ?~ere6y secured, aceounting to f~e morfgagor for any surp~us: to paq a~~ costs, c~urgea, and expenaea, inc~udtng ~awyers ~eea and Nl~e searches, reasona6ly ~ncurre~l or paid by Ihe mortgngee 6ecause oj tl~e jailure o~ the na?fgagor !o promptly and ~u~~y comply wif/~ t{~e agreements, stipu~aliona, concritlons and covenanta oJ said ~ole and Ihii mort9age. or eitl~er: to perJorm, comply wilk and a6ide 6y each and every the agresmenls, stipulationa, c~ondifions and covenanls set fort~ 7n said note nnd lhis morfg~ge or eit~et. ~n ttie e~ent ftie mo~fgagor ~nf~s to poy w/~en - due any fax, assessment, insurance prnmiunt or other sum o/ money paya6le 6y vt~lue oj said note and tl~ia mortgage, or eilher, t~e morfgagee may pay f/~e scune, wit~out waiuing or aJ~ecttng t~e optton fo jorecbae or any other rigl~t hpreun~e~, and all sucli paymenls shall 6ear tnterest j?om dafe thenwJ at tke htghest 1aw- (uI rate lhen allou?cK! by the lau~s oj t6p Stole of Flortda. ~l any sum o( mon~y herein re~prred to 6e not promplly paid wtthin lrj days next a(ter ~ tl~p samp becomes due, or..if earh and every fl~e agreements, slipulations, condilions and covenanta o~ said nole and Ihis mortgaf~e, or eitl~er, are not /ully perJormed, rnmplied witl~ and a6~ded 6y. Ihen the entire sum mentioned in said note, a~ed tl~is mortgage, or th e entire balance unpaid thereon, sl~all joHl~with or fhereajter, nt the option oJ 1he morlgage~e. 6ecome and 6e due nnd r,nya6le, anything in snid note or herein lo f~e confrary notu~itF~sfan~ing. Failu~e 6y fhe morfgagee to exercise any of fhe rig~ls or opfions herein providc~ shnll nol consfitute a tvaii~pr oj any rig~ls or opfions une~er sai~ nole or ttiis morfgage actrued or ftierea~fer accruing. -~n ~itness ~hereof~ th~ said 'mort~a,qor hns hPrnunto si,qnecl and seale~l tf~ese presenls tf~e ~ay anc~ year jirs! ahoi•e u~rilfen. Signee~, sea~pc~ anc~ ~e~' re~ in 1~~~ pr~sencp oj: ~ - ~ ~Yt----~-~- ~ . LENARD S INC . a Florida - . . - - ~r ~ f~ .Corpo ra t ion , 1 l_ /4 - :-s-`-~ ~ ~ - ~ - - - - - v - ~ - - - R~- ~ - ' orman Broder Pre sident - . - . . . . . . ~ ~ ~ _ - - _ - _ . . - ! ~ ~ ~ - i ~ s ~ STATE OF FLORiDA, ~ ~ COI:\TY OF St . L11Cle ~ ¢ I}{EREBY CERTIFY that on this day, betore me, an officer duly authorized in the Stat~ aforesaid and in the County a(oresaid to takr acknowledgments, p~nonally appeared ~ NORMAN BRODER, President of LENARD'S, INC., a Florida corporation, to mr known to br the prrson d~scribed in anci who executed the for~qoinq instrument and il@ acknowiedqed befur~ mc that he ~xccuted the same. ~ ~~'I'1~\ESS my hand and official scal in th~ C'.ounty and Stat~ last a(orcsaid this p ~ day o( ~ September . n. i9 78. - ~ ~ ~ ~ ~ N ~ ary~ ~iibl~ic , ~ 5tate ~ of~ ~`lorida~~~ = - at Large. My commission expires: ~ - ~ . ~ . 51~UCtE ~?UM Y fli ~-~~g IiQAtY M1RIC S~AIE Q l10RIOd1 AT 1/1~GE ~ Ao~ ~ ~r,:~~ Mr ca~~sswN ~i~s ~r~t. 70 19A! ' J"' t O P O E D T t~ U C f 1~ i J l l I l a. t R~ D E l 1 M lI T E R S ~ . ' A S:F 19 2 s2 PN 'i ~ ~ 4'~869~ ~ !lia bulnimn~J prrpnrrd hy: /1~ N15~RIyME111 NA3 PREPqRFD BY f ~ A~/i~ir.cs SPENCE2 B. G~t°ERT. Atiorn~y B0~1(L.?t7{~ PACE ?!'0 s sE::oM~ s~ktET . ?tE~t.E. ~~t s~s•y. i - _ ~ ~ = 'za '~=~:Y ~7