HomeMy WebLinkAbout2831 and shall perform, comply with artd abide by each and every fhs agreements, •tipulatton's, conditions and
covenants thereof, and of fhb morfgaAe, then this mortgage and ilia •eitnt• hereby crated, ahaU cease. de-
termine and be null and twirl.
the mortgagor hereby f
urthe? covenants and agrees to pay promptly when due the principal and
tnfarea! and other sums of money provided for in said note and flits mortgage. or either: to pay all and
singular the faxes, assessments, levies, liabilities, oblignttons, and encumbrances bf every nature on sold pro-
perty: to permit, commit or suf
ter no waste. impairment or dsteriorofion of said land or the improvements
therecn at any lime: to keep the buildings now or hereafter opt sold land fully insured in a sum of not le:.~
than N/A
in a company or companies acceptable fo the mortgagee, the policy or policies fo be held by, and payable
fo, said mortgagee, and in the event any stun of money becomes payable by virtue bf such insurance the
mortgagee shall have the right to receive and apply the sane to the tndebtednes: hereby secured, accounting
fo the mortgagor for any atrrpltu: fo pay all costs. chdrges, and expenses, including lawyers Dees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, c~ndifions and covenants of sold note and fhb mortgage.
or either: fo perform. rnmply with and abide by each and every the agreertients, aftpulattons. conditions and
covenants set forth in said note. and this mortgage or either. In the event the mortgagor lath to pry when
due any. tax.'assessmenf, insurance premium or-other sum of money payable by virtue of said note and fhb
mortgage. or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by the laws of the State of Florida.
!l any sum of money herein referred fo be not promptly paid within thirty days next after
the same becomes. due, or if each and every the agreements, stipulations. conditions and covenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the, entire
sum mentioned in said note, .and this mortgage, or th a entire balance unpaid thereon, shall f
orthwith or
thereafter.- of the option of the mortgagee, become and be due and payable, anything in said note or herein
fo the contrary notu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not consfifttte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.' `
;n ~I~~SS ~~Qf, the said mortgagor has hereunto signed and sealed.,thesft'preaents the
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day and year first above written. ;,•T~;
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Signed. sealed an deliver the ence of : = - • `
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M JONES-....... ERPRI• :r-~ s ~ • "-t;.y-•..,t
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STATE OF FLORIDA,
COUNTY OF ST.LUCIE
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments. personally appeared
~ TOM JONES ENTERPRISES,INC., a Florida Corporation by its
President,HERBERT CARMEL -
to me known to be the person described in and who executed the torcgoinS imtrument and he acknowkd~ed
before me that he executed the same.
j. WITNESS my hand and official seal in the County and State last aforesaid this ;~1 day of
,
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~ 26 F~1 12:56 ust tf • les sn~at nlotsstwwo~ ~w
79 FL
ll~n 11l vt]taG'1? g~r~t •:1";••e lr~-;~r.
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- JOHN EDGAR SHERRARD ~ v ~
17iis IrWrun>cn~ prrpiarrd by: Attorney At Law - ~ Ft ,
203 S. Indian fiver Drive U I: ~rV4~
Addrr~r P. O. Box 4332 BOG!( SAGE
Fort Pierce, Florida 33450 I
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