HomeMy WebLinkAbout0257 and shall perform, comply with and abide by each and every the agreements, atlpulafioris. rnndttions and
covenan~s thereof. and of this mortgnpe, then this mortgage and the estate hereby c?eated. shnU cease, de-
termine and 6e null and cwid. -
~nd the mortgagar hereby further covenants and agrees to pay promptly when due the principal-and
intere:l and other sums of money provided jor in said note and tha mortgage, or either; to pay all-and
singular the taxes, assessments. levies, liabilities, oblIgaffons. au{ encumbrances of every nature on said pro-
perty: to permit. commit or suffer no waste, ~mpatrment or deterioration of said land or the tmprovemenb
thereon at any time: to beep the buildings now or hereafter on said land juUy insured in a sum of not less
than
in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held by. and payable
to, said mortgagee. and in the event any sum of money becomes payable 6y virtue of such ircaur+ance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. aec~ounting
to the- mortgagor jor any surplus: to pay all costs. charges. and expenses. including lawyer's /ees and titb
searches, reasonably incurred or paid by the mortgagee because of the failure of Ike mortgagor to promptly
and jolly rnmply with the agreements. stipulations, conditions and covenants of said note and this morignge.
or either: to perform, rnmpIy with and abide by each and every the agreements, stipulations, conditions and
rnvenants-_aet forth in said note and this -mortgage or either. In the event the mortgagor jaib to pay when
due any tax, assessment. insurance premium or other sum of money payable by utrtue of said note and Tits
mortgage, or either. the mortgagee may prey the same. without waiving or affecting the option to foreclose
or any other right her,.under, and all such payments ahall-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 to be not promptly -paid within 3D dnys next after -
the same becomes due, or if each and "every the agreements, stipulations. conditions and covenants of said -
note and this mortgage, or either, are not jolly performed. complied with and abided by. then t~e entire -
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwdhstanding. Failure by the mortgagee to exercise any of the rights or options herein
pr+nvided shall not consfitnte a waiver of any- rights or options under said note or this mortgage aecrcaed or
thereat ter accruing.
~n ~~I¢Ce~f, the said mortgagor has kereun-fo signed and sealed these pres s.1lie .
day and year flrSt abo!?e l!?rlffell. _ ~~v .yS~~~ N
`
Signed, sealed and del` red the presence of : _ . c~
- Lo is Benina ~ -
• _
w:~;r
•
STATE OF FLORIDA COUNTY OF ST. LUCIE -
HEREBY CERTIFY, That on this day of SEPTEMBER A. D. 19 79
before me personally appeared Louis Beninati t~dc -
xfEtlX9dXR President atKlc S19W9071tVc- • of
GEM BUILDERS, .INC. ~ a - - F16rida Corporation, to me
-
known to be the persons desuibed in and who executed the foregoing. instrument and severally acknowledged the exe-
: end that they
cotton thereof to be their free act and deed as such officers for the uses and purposes therein. merttio~led;t, _
affixed thereto the official seal of said corporation, and the said instrument is the ad and d ~f, . `1d corporation.
j ~ . I .r: -
WITNESS my hand and official seal at Fort Pierce St uci ,said county andstate~~r _
-T.
- Notary Pu~"u, State of Flads at Large Notary Public, in and for St and~~tsnt~',afor~sald::
f!?y Cc~t.: ~szica Expires Oct. 30,1811 N?y Commission Expires: ~ ::~,•l' -
io~d.d h Ao«:ca. Fw a c++.+b Gya~/ `
4564 ~?9 SAP 2I ~ 29
{~i;0 AN0 R%LORUEQ
` ~TiL,uC1E~C0'JN Y.FIA. _
V~'~~ C,ti•~ IRQBER ~
~COU~r
This I,u/rui»
ctr prrpa,~~l by: ~~'~t~C
!1 dit'mrs ~ L ~ p ~ „ i ?Hc"pCGARD'.VERIf tE0
I ~ n ~ ~e S / T ~O - -O!~ ~ rarer