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Home My WebLink About2227 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and eovennnts thereof, and of Ihb mortgage. then this mortgage and the estnfe hereby created, shall cease. de- termine and be null and void. the mortgagor hereby further covenants and agues to pay promptly when dw the principal and inleres! and other sums of money protrided for in '{aid Hale and this mortgage, or either: to pay all and singular the faxes, assessments, levies, liabilities, obligations. and encumbrances o/ every nature on said pro- perty; to permit. rnmmit or suffer no waste. impairment or deterioration of said land or the improvements thereon of any time; to peep the buildings now or herenjter on said land fully Insured in a sum of not less fh~n N/A 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 6ernmes 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 morfgngor Jor any surplus; to pay all cost:, charge!, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements. stipulations, conditions and covenants of said note and fhb mortgage, or either; to 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 morfgngor jails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgages may pay the same. without waiving or affecting the option fo foreclose or any other right hereunder, anti all such payments shall bear intsresf from date thereof of the -highest Inw- /ul 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 ilt6 sa?et~ Ut,4lUtill•3 lluk'. UI if lltlll !!till Biiriy triC uy'~reinvitfa, afiEstilufiv:.n, .-v .Jiti.;s u :d ~L•~.^.a.^.f: vj Srid 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 !hereon, shall forfluuifh_ or thereafter, at the option of the mortgagee, become and be due and payable, nnylhing fn said note or herein to the contrary notwithstanding. Failure 6y 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. (CORPORATF_ In ~ltn~SS ~I~~~l the mortgagor has caused these presents to SEAI.1 be executed in ifs name, and its corporate seal to be hereunto affixed, by ifs proper of ficers thereunto duly authorized, the day and year first above written. i ~ ~ i ATTEST - •-Laurel.Builder&~...Ir~c~----------------------------•----- { $rcretary l ~ $iy seated and cleliverixl jn Ilte p Bence of - '3 ~ t - ~ i/r [rte- President w' ss f wi _ ess II ~ ! ~~tQ Ql Florida I J ~p~jjt~ p f st. Lucie f ~ I~ 1 HEREBY CERTIFY 16at on tl,ts day. drfarr mr, an officer duly uutlwriud in die State and County aJaresoid to tales ocbwrrlede- ~i ..cents. prrsonally appeared Peter G. Robinson ~i I ti UYII Irnoum t0 mr t0 IK t~P Vlee President and napechvely of des corporation named d ,z mw/gago? in flee Jorrgoing instrument. and deaf Ileey severally aclerwurledged executing Ilse tame, in Ilse pnsrnoe ng tuilnesses. of taro wbsaidi Jrrrly and voluntarily uruler uutleority duly rested in them 6y said rn?poralion and deaf flee seal affiied deenlo it flee true corporate seal of R sold co.pwalion. ~ Wfl'~F_SS my band and official teal in des County aced Slate last afore,aid due 9th day of JanllSYy 4'72483 .+,y,~~:~~`, . - ~ l -----Notary Fabric"~ .....,w.-.~__....,r, ~ i 1980 JAf~ 14 P'c't i2~ QO ~ --~%.1~~, fI4E0 AkC ICCuiwEU .(_a 'r ~ Q ~ - SLIUClECO;)MTY.fEA. MY Commission ExpitetY~,'~ ROGER P0ITRAS CLERK CIRCUIT COl1R a atl.~QtJ H'.~~ ~ t~ItD YERIFICO---~-~~ - - • , ~ ~~u~,:? [.~tres J~ 8.19f~~ _ - E;'1! %i~ I» ~Irrn»r»f prcpnrcd by: ~ ~.3rge Adtlrsr rIR ''r'te P.eGE~S . ~ 8t101I ~N~ ~