HomeMy WebLinkAbout1266 and shall perform, comply with and abide 6y enck and every the agreements, stipulations, rnndttions and
covenants thereof, and of this mortgage. then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
the mortgagor hereby further covenanb and agrees to pay promptly when due the principal and
interest and other sums of money provided jor fn said note and this mortgage, or etcher; to pay all and
stngulnr the taxes, assessments, levies, liabilities. obligations, and encumbrances of every nature on said pro-
perly; to permit, commit or suffer no waste, impaIrrnent or deterioration of said land or the improvements
thereon a! any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than highest insurable value
in a company or companies acceptable to the mortgagee, the policy or policies l0 6e held 6y, and payable
fo, said mortgagee, and in the even! any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor jor any surplus; fo pay all costs, charges, and expenses, including lawyers Jess and fttle
searches, reasonably incurred or paid by the mortgagee because of the )allure of the mortgagor !o promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations. conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the snore, without waiving or of
fecfing the option to foreclose
or any other righ! hereunder, and all such payments shall bear interest Jrom date thereof of the highest 1aw-
Jul rate Ihen allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipulations, eonditioru and.cogennnts of said
note and this mortgage, or either, are not fully perf
or?ned, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall fortl~rifh or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or'herein
fo the contrary notwithstanding. Failure by the mortgagee 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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(CORt'OR,1TE n ~l~~S the mortgagor has caused these presents to
SJ:A?.) be executed in ifs name.. and its corporate seal to be hereunto affixed, by its
proper of
ficen thereunto duly authorized, the day and year first above written.
'f
i' ATTEST DaSLo & ASSOCIATES, INC.
Stana R. r $.YrAary
Signed, sealed and delivered in he pros n ' of
r
- - Donald E. Lord - t
48069
! ?ILEOAU." r',~iUEQ
=T.IUCIE r' ~ F~ ,
P~rtr- :S
CLE'- ~ ~ ~ : ,BUR
RECCa.:: - ..5~,~
Mate of Florida DEC ~ ~0 ~ QM ~9
~ ~OUI1~tJ Of St . Lucie
1 HERF.RY CFRTJFY Ihut on 16is day. dr(ore me. an o(~iFer duly oulJwrtud in tl~e Slate and County aforesaid fo ta?ee ocfywru?edg-
mrnb, personalty appeored Donald E. Lord and Stana R. Lord -
j. urll 4noum to m< to le tJ,e President and Secretary respeclioely of tl~e ca?poralion named a
ii mortgagor in 1?~e fn?Fgang insdumenl, and IJ~aI IJ~er xrerolly acinwa+ledped execulinA IJ~e some, in tJK prexnc~r ~ luv subscribing uritnessrs.
i
~f freely and voluntarily suu?er autJ~orily duly re.lyd in IJKm 6y sold corporation and IJ~at t{~e xoJ offixed Iliento Is tlK true co?porole sea{ ~
II wid carporadan.
S ~ ~'~'WI,T~'~E.CS my I,aml and o((icio? seal in tl,e County and $tde last oforerotd tl,u
t ..30 day a/ November
-
_
-
. ~ ~
- . ~ ~ : N tary Public
r
~ ' My Commission Expires : 1~-G-d/
Ben L. Bryan, Jr.
P. O.6cx 3230 - C
~ %ht~ Gts~nulu-ir? pr?p~urJ l?y: port Pierce, florids ;1 (i~321 PACE126J