HomeMy WebLinkAbout2231 and shall perform, comply with and abide by eacMntid 'lrvery' fh• agtwments, stipulations, conditions and
covenants thereof, and of Ihu mortgage, then thta'mdrtgagt and the estate hereby created, shall cease, de-
termint and b• null and void.
the mortgagor hereby further covenants and egrets to pay promptly when due the principal and
interest and ether sums o merle •,ta~ er [r: sctd Hole cad !his rrorl~~ t t ?
f y pro- f r,..gt, or t.th:~: !a FaY n.l cad
singular the taxes, assessments, levies, Itabtlities, obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or suffer no waste, Impairment or deterioration of said land or the improvements
thereon at any time; to 4eep the buildings now or hereafter on said land fully Insured In a sum of not less
than Full Insurable Value ~
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by utrtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
seed 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 every the agreements, stipulations, rnnditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails 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 from dote thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred fo be not promptly paid within 3G days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or. either. are not /ully 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
therea/ter, at the option of the mortgagee, become and be 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 options under said note or this mortgage accrued or
thereafter accruing.
i (CORPORATF_ ~n ~ltneSS 7,V11Cre~l the mortgagor has caused these presents to
I SF_AI.) be executed in its name, and its corporate seal to be hereunto of
f fixed, by its
I~ proper of
ficers thereunto duly acdhorized, the day and year first above written. i
~ i I
~i :ATTEST-------- Laurel Builders, Inc.
~ I $reretary
Si ned, sealed and delivered in 1 1 presence o(:
- • r g
y------- 1
~ i1•: - - - diet- Prea;desN
i ~
ne - ' - -
i ~
li -
- -
~Uite `Florida
1 0` St. Lucie
t
1 HF_RF.I3Y CERTIFY 16ot on tl.ia day. beJon me, an officer duly autla?ized in tl~e Stale and Count? olonsaid to taLr «lew~uledt-
rrvnff, personally appeared j
Peter G. Robinson S1
well 4nou,. to m< fo de Il,e
V1Ce Pres,drnt and nspecliarly of ll~e earporalion rwrnrd as
;i
- 1' mortgagor in tl~e foregoing inslrumrnl. and Il~at Il~ey srnerally acknowledged executing Ilse saerse, in Ilse pnaenae of luw aubsaibing svilnessea.
Jnely and mlunlarily urule? aull,orilr duly svsled in Il~em 6y soil corporolion and Il~ot llu seal aJficed ll~enlo is ll~e true c'orporae scot Ol
i1
i ~ sad co?poralion. ,,s
f~ WfI';VECS my hand and official seal in t1,e County and State last afonsoid this 9th day a/ Jent;~lcy .
A. D. tq 80 -A
t:
t980 JAN t4 Pk 12~ 26 .~:eR:
- ---eta-------Public'-..... ..1..~. -
I - ~ rY
FIIEUANL'FECCiHQfU = ~:~I~ .+o+~~~•
ST. lfCl COUNTY. FLA. =
R~GE€RPOITRAS My Commission Expirese t .t ~J `j~0 ty
CLERK CIRCilIT CCI.I T
RECORD VERtfli~ Notary P.Ib;.~ S"~° ?londa at Larg9 '~~/fir,: , f
7 ?,;3
. IMy f,~~ - r
%is I,iAnanr-,ri prepn>•cd hy: r;,5'~s St~'^ -~'^~~''r'-'~
g AIIrlmu ~ 'J ...I~::~n E~~ ~re:,,;e 3. ;:.,3
a: nY tIGJ ~IIGE~~