HomeMy WebLinkAbout1662 and shall perform, comply with and abide by each and euery Ike agreements, stipulations, conditions and
cownanta thereof, and of this mortgage, then thta mortgage and the estate ksreby created, shall cease, de- j
teemine and bt null and void. ~
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the mortgagor hereby jwther covenanb and agrees to pay promptly when due the principal and
interest and other sums of money prouide~ for in said note and thta mortgage, or either: to pay all and
singular the taxes, assessments, leases, liabilities, obligations, and encumbroncea of euery nature on said pro-
perly: to permit, commit or suffer no waste, impairment or deterioration of :aid Land or the Improvements ~
thereon at any time; to Iteep the buildings now or hereafter on said land fully insured in a sum of not less
than none '
in n company or companies acceptable to 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 by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor jor any surplus; to pay all costs, charges, and expenses, including lawyer's fees and tills
searches, reasonably incurred or paid 6y the mortgagee because of the failure o/ the mortgagor to promptly
and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and euery the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when {I
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving cr affecting the option to foreclose Z
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
Jul rate then allowed 6y the laws of the State of Florida.
~l any sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or ij each and euery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthapith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgages to exercise any of the rights or options herein-
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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j60RPORATt: ~n ~~tntSS ~liereof the mortgagor has caused these presents to
:.:5'~, .SEAL) be executed in ifs name, and its corporate seal to 6e hereunto affixed, by its
~'3~~~ ~ proper officers thereunto duly authorized, the day and year first above written.
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.CART.8.8.EAH...GOMM.~RCI-AL--PROPERT_I_ES__ #
ATTEST--------------------------------------------------------------------------
CORPORAT IAN
~ S' n a de ' er i the presence oj:
- Ro rt F . Johnstone , President
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~tdtt Of Florida
~0llfltJ Of St. Lucie -
I HEREBY CERTIFY tlwl on 11w day. be%rr rnr, on o(~ior? duly aw6wised to tl~e Stale and County a~aresoid a lalte «~rwsetedp-
ment,. persorwllr nppeand ROBERT F. J O H N S T O N E
F wall lenourn to me to be tl~e President and nsptctiorlr o/ Ilse earporolion rw~ned es
a mo?Ipogor in the (arrgoing instrument, and tlwt t/~er seoernllr «bwu,ledaed ezeculing die sowis, it li,e preaenoe of two su6ectidinp witnesses.
~ ~reely and oduntorily order aullwrilr duly vested in ll~em 6r said corporation and tlwl-1I~e seal o/(i:ed Il~erelo is ll~e hue corpwole seal of ;
,od corporation
s W!1'NES$ my band and oJ(icial seal In t/~e County and Slate lost o(onsod llus 7 ~ day o/ N O V e tttbt? r
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~~uf~ Notar Pu , Sta _ ~~~f~F~ori~a'i~_~
f1LE0 ~F~ ' ,FI at Large .
ROGE ~~J _ _ My COmml SS l On expi>fes ~ - ,
CIER~i Cu. ~ a
. l7 rµ~fAAY PNB.1C c Y ....1. ai t/M. y - -
1%is liumuirenr pirpared by: Charles J. Dorfman of Gilbert, Dorfman & Orr,P.A.
A~Ir/r~u P. 0. Box 3388, Fort Pierce, Florida 33450
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