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and shall perform, comply with and abide by each apd ,bviry Ike' agreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this r?~orfgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
the mortgagor hereby jwther covenants and agtwes to pay promptly when due the principal and
interest and other sums of money provided Jor to said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies, liabilities, oblignttons, and encumbrances of every nature on said pro-
perty; to permit, rnmmtt or suffer no waste, impairment or dateriorotion of said land or the improvements
thereon at any time; to keep the buildings now or hereafter on said land fully Insured to a sum of no! less
than N/A -
in a rnmpany or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the avant any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the snore to the indebtedness hereby secured, aecounttng
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the jailors of 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 6y each and every the agreements, stipulations, conditions and
covenants set /orth in said note and this mortgage or either. In the event the mortgagor Jails to 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 same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest Jrom date thereo/ at the highest Inw-
/ul rate then allowed 6y the laws of the State of Florida.
~L any sum of money herein referred to be not promptly paid within - 30- days next after
the same becomes rluo; nr iI onrb nnrl Ovs.rv tl~p nrdronmante eri~!ll2tinne Mn.~i1i~...•e ,_.d Q."..`tJ8.^.,..~w• ~ id
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note and this mortgage, or either, are not ~Jully performed, complied with and abided by, then the 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 notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or ot?tions under said note or this mortgage accrued or
thereafter accruing.
~n ~/u~~ ~~~1 the marl a or h
(CORPOR.ITE g g as caused these presents to
i ~FAL) be executed in its name, and its corporate seal to 6e hereunto affixed, by its
I i
~ proper of
jicers thereunto duly authorized, the day and year first nboue written.
~ ATTEST:----------------------------"------ Laurel Builders, Inc.
- ----------------Secrrlary
i
e
' Sign ,sealed and delivered in the pre~nce of : -
~
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~.-~t...- -.s>~ - -••~«aTj,(•'(---•'--'---- d/to- Prrs~deM
~itne
-n~-s '
i
--w~ -
{ Florida
st. Lucie
~outtty of
3 i 1 HEREBY CERTIFY teal an this day. GeJan mr, an aJJi«? ddy wulioriud in ll~e Stove and County a/arrsad to tole aclvwwledg- ;
meals. personally appeared
~ Peter G. Robinson
iii
j u•ril lrnou~rs to me to be ll,e Vice Resident and nspectioely o/ tl~e corporation named oa
,1
s t; mortgagor in llv Jorrgoing instrument. and Ilwl Ihey severally oclrnou~ledged executing Ilu same- in Ills pnsena
of la•o w6saibing udtnesses.
J?eelr and sroluntordy undn au16o?ily duly t~rsled in ll~em 6y said corporation and Iliat tl~e seal aJlized tlserrto is 1/m tr+re carporote real d
3 1 ~ said corporation. t
I W~I'VESS my band anti aJliciai seal in tl~e County and Seale last a(onsaid 11~is 9th d°y ~ a7anua -
i .1. U. tq 80 ~
4'72481
/ f, _
-
1950 J I 1 • 00 - .
~N 4 Pik 2• ~
Notary Public c, i-`~ .~_A.d . _
t~ ~ ~ '
I FILEO ANC FEGUFcbi:O ' - >
r 1 ST.LUCIE COd"1TY.F``A. s ~ _
ROGER POITRAS MY Commission Expires: - ~ , s • '
CLERK CIRCUR COURT e• i
t '
a pnb~;c. State F~snda at Large _ iR~
RECr11D~ERiF;Ct1__.~~-- ~l~ acv pp 1~b3 , Y~
~ 11~J")n ~tiCiits J~~1• N.
1%i~ /,runi»,nrr ptrparrt! by: t../ -
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