HomeMy WebLinkAbout0793 and shall perform, comply with anef dblde 6y-each unc~ :every the agreemenfs, stipulationi, conditions and
rol•enanis iherPUf, and of this morifjaNe, then this mortgage and ills tstaie IlPreby IYeated, shall erase, de- }
termine and bP null and vo/d.
end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
irrteres! and other sums of ntorley provided for in said note and this mortgage, or either; to pay all and
si?tgtllar the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit or suffer rlo waslP, impairment or deleriorotion of said Land or the improvements
Iherecrl al arty limp; fo beep the buildings now or hereafter on said land fully insured in a sum of not les:
than highest insurable value
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the event 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 for any sllrpllls: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reaso?lably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply u)ith the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply u)itll and abide 6y each and every the agreements, stipulations, rnndittons and
covPna?Its set Jorth i?t said note and this mortgage or either. In the event the mortgagor /ails to pay when
due any tax, assessment, insll?a?tce premium or Other slim of money payable 6y virtue of said note and this .
mortgage, or eillter, the mortgagee may pay the same. without waiving or affecting the option to foreclose
or any other right herPl/nder, and all such payments shall bear interest from date thereof at the highest law-
f ul mte then allowed by the lau)s of the State of Florida.
~t any sum of mo/1Py hprairt ref
erred to 6P not promptly paid within fifteen days next after
the same bPCOmeS dlle, or if -each and every 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 6a14nce 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 !hP contrary nohnlthstanding. 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.
~n ~itnfSS thereof, t11P said mort~~ogSltyks dlactt~q >~r~~~~l, s~~d~es~l~~PCcents the
(lay alld year flrSt ab01'P II~rIttPll. peYrsCUT AD TNC RA) w)r~x nne nnn~r uwTUe)Tv
d dPlirered in hP presen of : IS i 5, 933.15 7C:.iTii~R WITHnAC-
Signed. Sealed a/1
C12UD I`ii::ii=ST, IF APIY, At1D ALL ADVANCE-
~QIL?- MENTS MADE ttY THE- MORTGAGf~•-~I.NP~R-..iFi.[--•
TERMS OF THIS MORTGAGE
- - WILLARD...I; ~ BOLTt7N--AND-- ASS~'SCIA'1'~S ,
1' LIMITED - SERIES 1
General Partner
~ f
~ STATE OF FLOR[DA,
Cc)r~TY c)F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
i ~ WILLARD L. BOLTON ,General Partner of Willard L. Bolton and Associates
Limited- Series 1, a Florida Limited Partnership
to me known to tx• the person described in and who executed the tore¢oinq instrument and ]'1e acknowledged -
Ix•fore me that he executed the same.
1 ~ 1'17\ESS my hand and official seal in the County and State last aforesaid this 2$th day of i
December A. D. 19 79.
Not ry Pu lie
~~~H~~
f
,)tl~ f ' "'f~ M/dIIC SI~~F Of `!:%RIDA AT [tiR ;f
` . .1«IQfiEXIIRESib'1. i. 1~8t }
~ ~ MIS, UNDERWRITERS
i
,
kECCR~ VER!F~a.- '
E 4'7158'7 :
- •s. ,
- r_ '
6 ~ - ~ - '
1 JOHN EDGAR SHERRARQ ~ ~ o ` -
4 At`~-rey At Law - ' ~ -
2"3 S. In~i~n River Drive - ~ _ - -
7%i--~ /err/nonce/ prlpr~nJ hy: P. O. Eox 4332 'r - .
. • - ~
Fort Pierce, Flcrida 33450 - . "
,~1,///r~ss _ -
TITLL- NOT ~:}:A?~~~~•:-J :;Y ~C~tIVCr;ER { t'~e1
- ~ ~I~~ PACE /e7e~ .