HomeMy WebLinkAbout2678 . and shall prrjorm. eomply with and ablde~by each and awry- the agreements, aKpulaltons, conditions and
eownants t?terwj, and of thl: mortgage, then tht, mortgage and eha estate hees6y craatsd, steal! cease, d.-
terneirte and bs null and void.
rte, rtto?tgagor hereby /lather s~owrtants and apace to pay promptly wham dw the prtnctpal and
ieeterest and other stuns of money provided /or in sold note oncl this mortgage, or either: to pay all and
aingula? rtes taxes, assessments, levies, ltablltttes, oblignftons, and at:cttmbrances of every nature on said pro-
perty: to permit. commit or suj/er no waste. impairment or datertoration of said fond or the Improvements
therron at any time: to beep the 6uiidings nc?w or hereafter on s$id Land ft:Uy lnsu:ed to a stun o/ not less
than the full insurable value , - .
in a company or eornpartio: ameptnble to the mortgagee. the policy or policies to be held by, and payable
to, aald mortgagee. and to tha event any stun of money becomes `payable 6y virtue of such truurartce the
mortgages shall haw the right to r+eceiw and apply the same to t13e indebtedness hereby secured. accounting
to the mortgagor for any surplus: to pay all cosh. charges, and_~trxpenses. including laurytr's fees and retie
searches. reasonably incurred or paid 6y the mortgagee because aj tits falluro of the mortgagor to promptly
aced fully comply urith the agreements, stipulations, conditions and-covenants of sold note and this morlgape, _
_ -Or either; to perform, comply with and n[stde by each and every t_{ee ogr+eements, stipulations. conditions aced
- covenants set forth in said note acrd this mortgage or either. In the anent the mortgagor falls to pay when
due any fax, osaessmPnt, tnsuranee premium or other sum of nwney payable by virtue of sold note and this
_ mortgage. or either, -the mortgages may pay the same, without- waiving or of
jecling the option to joreclwe
or any other right hereunder,-nnd all such payments shall bear interest from date thereof at lice highest law-
juI rate then allowed by the Laws- of the State of Florida: -
- ~ any sure of money herein referred to 6e not pro:nptlp paid within fifteen days next =after . -
the same bscorrtes due. or ij each and every the agreements:_stipulations, oondittons and covenants of said -
note and this mortgage, or either, are not /ally performed, .cotnplisd wish and abided by, Then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorthtgith or
thereafter. 6t th6 option of the mortgagee, become and be dus and payn6le, anything in 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 righb or options under seed Hots or this mortgags accrued or
ter accruing. - - - -
_ o-_
. •
, - - _ ~n ~tl~tness whereof f
2!~...:.-•'' ~+~~~FpRATt; the mortgagor has mused these p?+esents to f
- '''~~:fr';"~ a a• SEAL) be executed in its name, and its rnr rate seal to be hereunto ~
~~~~~u~Hn+~~•r~~ p° a]f
fixed. by i!s
- p per of
ji thereunto duly authorized, the day and year tint show written.
~11'TEST~ ~ KINGS TRUST - INC .
- signed, sealed nnd delivered to the prasence of : -
By---
to c orate -officers - q80 JA~i 3 ! P~ ~ 1
- - - f
- fit.EO i?t:0 FECOR1i0
S1.LUCIE CtiUNTY.tIA.
. ROGER POITRAS
?`r,a, ``r_s ` _ - CLERK CIRCUIT ~ RT, p
~Hief. ~L FTT.ORI~ ~ RLCG?~ 1ERIf1CC
TNflTAN RIYE~i, Q~4~~~ ,
1 HEREBY CERTIFY tlwt on tlw dap, below nsr. an or(tesr d~lp awho.tsrd to rtes date and Com~y %nsoid to tajs acinodeda-
"'e'°''~ ~"°"°lip C . J . SCHWAB attd C . JOIiN REXFORD -
.x1i t~ to eo be tk P.eaident aed Secrets reapedio~elp aI the cv?pa..Gon nee,ed o,
.mwfgogor in the l~ea+ng ~--mad. and-tMt titer srordl~ «L.wwled~e~a.arg de sever. to tl,. prasn~or of doo u.6.at6a.y wanesses.
rr~lp and ooluntarilp wdr.. eoeb«iq datp scared in tlni. 6p :::d cwporaltan and tb.: t6e seal alitud theta t: Ile a>~e sea[ e/ I
said co.po.dton. -
WlTNES$ n.p Ibnd -and e/(icial seal in the Coan/p and Stole lost alonsdd tl~, ~~h dap o/
~ A. D. t9 80 .
; = - ~
- `tl''• fa ••'f'• -
. ~ i
= ~ - _ ..~i
c; ~~r °~'i N ~ Public. State off-Florida
~ '-o ~ a r e. M Commission ices
~ - 8 Y
' -
. t
rch ;
''~~1:,: ,,;~~t`'~iuJnuireytl prpw,rJ by: -Samuel A. Block, Esq. - -
qt/,~,~ P. 0. Box 1900, Vero Beach, Flc+rida .32960 ~