HomeMy WebLinkAbout0814 null shall pprJorm, comply lnilh and abide by pack and every the agreements, stipulations, conditions and
covpnonts thereof, and o{ this mortgafe, then this mortgage and the estate hereby created, shall cease, de-
fprmine mld Le null and void.
T1n~ the mortgagor hereby further covenants and agrees to pay promplly when due the principal and
ir?ternsl a?ld of{ter sums of money provided for in said Hole and Chia mortgage, or either; to pay all and
sirlgl?tpr the fa.rps, asspssntents, lel~IPa, liabitilies, obligations. and enctrmbrances of every Walrus on said pro-
perty: to pprmiL commit or suJfpr no waste, impairment or deterioration of said land or the improvements
Iherncn of any lime; fo {epee the buildings note or hereafter on said land (idly insured in a sum of not less
than the maximum insurable interest.
in n company or e•ompanirs accepfabte to the mortgagee, Ihp policy or polic•ips to be held by, and payable
to, said mortgagee, and in the event any sunl of money becomes payable by virtue of such Insurance ~fhe
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the nrorfgpftar for any surplus: to pay all costs, c?largps, and expenses, including lawyers Jees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply u~ilh Ihp agrpeme?lts, stipulations, conditions and covenants of said nQfe and Ihis morfgnge,
or pil?ler: fo pprJorm, comply with and abide 6y each and every the agreements, stipulations, conditions and
coverlnrlfs set forth in said note and this mortgage or either. ?n fhp papnf the mortgagor faits to pay when
due any tax, assessment, insurance premium or ofhpr sum of money payable by virtue of said note and this
morfgnge, or pilher, f?lp morigagpp may pay the same, luilhout t?,aiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date lhernoJ a1 the highest law-
ful mfe then altoured by Ihp talus of Ihp State~oJ Florida.
~L mry sum of money herein rpJprred fo be not promplly paid within ten (l~) days next of ter
fhp sump becomes dup, or iJ each and query the agreements, stipulations. conditions and covenants of said
note and Ihis mortfta(t(•, or pilher, are not fully performed, complied with and nbidpd 6y, then the entire
sum mentioned in said elute. and this mortgage, or fhp entire 6alnnce unpaid thereon, shalt f
orfhiuith or
lherea(tp:, at the option of the morigagpp, become and be due and payable, anything in said Hole or herein
fo fhp contrary nohvifhstondinry. /'aiturp {,y the mortgagpe to exercise any of the rights or options herein
provided shall not constitute a lnaivpr of any rights or options under said note or this mortgage accrued or
fherna f ter accruing.
~n witness whereof, the said mortgagor ?Ii1S {Iprnllrtl0 signed a?Id seated these presents the
fray alt(1 year JI rSt abO1~P U~rltten.
Sjgi:>,~d, s and lvprp(I in the psy ice oJ: U-Itx'K-ITr INC. -i ~ ~ ~ L
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• Willard L. Bolton Pre~ic~ient~ • , r
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~ STATE OF FLORIDA,
A I Ct)l•v7•v t)F ST. LUCIE '
l r I HERFa3Y CERTIFY that on this day, before me, an
offi~cr duh~ authorircd in the Stau• aforesaid and in the County aforesaid to take acknowledgments, personally appeared
i
WILL~tD L. BOLTON, President of U-LOCK-IT, INC. , a Florida corporation,
to m.• known to Ix• th.• p,•rsnn described in ar:d who executed the foregoing instrurnent and ~ acknowkdQed
j Ixfurr nu• that he executed the same.
~~•IT\ESS me hand and uf(i,ial seal in the County and State• last aforesaid this day of ~
MdrCh D. 19 8~. - i
g~
Not ry Public, State of Florida ast Laacge
i MY Commission Expires: /-~~~~d3
~ i3:,0 k~R i 2 i* ~ 32 (seal) ~ , ~ .
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f1LFu ANC R=Gt.k~i L ~ _
Si. LUCiE C~JtM i K f t A.
ROGER POfTFin~
jI CLERK CIRCUIT C^i;~T~ _ ,ti
f
%rrs /irs/rurnrrd ~>r f?nrr•r/ /~Y: EMORY C . TEFL III ESQUIRE ~(1{~ P~
r 3~7 81~
FEEr KOBLEGARD & TEELr P.A.
:•1(lrl~rx(
P. O. Box 1000, Ft. Pierce, FL 33450
n. _ _ Fem...:.; _