HomeMy WebLinkAbout0869 and shall pc•rJurm, comply with and abide by Pach and every the agreentrnis, stipulaliuris, conc{llions and
covP?tants thereo/, and of this mortftane, then this mortgage and the estate hereby created, shall cease, de-
tPrmiAP and be null and void.
end the mortgagor hert'by Jrrrther covenants and agrees to pny promptly when due llte principal and ~
interns! and other sums o/ money provided for in said note and this mortgage, or either; to pay nil and
singular the tares, assessments, IPVIPJ, liabilities, obligations, and encumbrances of every nature on said pro- !
perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
IhP.et~n al any limp; to IrePp the buildings now or hereafter on said land fully insured to a sum of no! less
than N/A j
in a campany or companies acceptable to the mortgagre, the policy or policies to be held by, acrd payable
fo, said morlgatteP, acrd in the PvP?tt any sum of money becomes payable 6y t~irttte of such insurance the
mortgagee shall have the right fo receive and apply the same to the t?edebtedness hereby secured, accounting
to !hP mortga{tor Jor any surplux; to pay all costs, charges, end expenses, including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fedly comply with the agreements, stipulations, conditions and covenants of said note and this morignge, !
Or PIt11Pr; !o perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covPnartls set forth in said note and this morignge or either. In the event the mortgagor Jails to pny when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue o~ said Hole and this
mort n e, or either, 1hP morl, a, eP ma g
ft 9 q 9 y pay the same, urilhouf waiving or affecting the option fo foreclose
or any other rig?tt IterPtrrtder. and all such payments shall bear interest from date !hereof at the highesf (aur-
Jul rate then allowed 6y the ion's of the State of Florida.
any sum of money herein re%rrpd fo be not promptly paid within thlrt3T days next after
!?te same bPCOates due, or i( each and pUery !hP agrPemPnfS, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said ?tote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, become aad 6e due and payable, anything fn said note or herein
to the contrary notwithstanding, Failure by the mortgagee fo exer+cise any of the rights or options herein
provided shall no! rnnstitutP n u'ait'Pr of arty rights or options under said note or this mortgage accrued or
therna f ter nccnring.
~n witness whereof, the' said mortgagor has unto signed and Sealed these presents the
day and pear first ahot'v_tr'ritterr.
Signed, sealed and rlPlivPred in 1hP pr~sPncP of: a Partnership
:f
Arth[ff S. Powers - - -
-5v,~.. t~, r
r =
STATE OF FLORIDA, r
CO['1TY OF ~j'~ i
I HEREBY CERTIFI' that on this day, before me, an
effuer dula• authnrired in the State aforesaid and in the Count}- aforesaid to take arknowlydgm~•nu, perwnally appeared
ARTHUR S . FOWIItS of OOIDPOIn~R ASSOCIATES
' s
4 to me known to fu• th~• person described in and who executed the forcQOinq instrument and he acknowledged i
~ ~
Ixfon• me that executed the same.
~~'I"l \F.SS my hand and official seal in the Count} and Starr last aforesaid this 10~ day of s
,
t J
j ~ - • ~ i
NOtary .Public l
` 19'0 MAR i 3 AM ~ 59 - _
My Caar[dssion E~ires
I ~r.EO ~!et~ r:cOp~f.u -
ST.IUC}~C9UNTY.F[A. NOTARY ?_'EC! C S':•': " -'[^RiDi1 AT L;R~
gnr,F P()I1RA5
~f Ct.ERK c}ncu:~ f.:'~~±~ lini L`•:. ~ to lQAI
l ~'~~*5'., K~N7~G :t .•a•.~ :3...:~:R'•:RtTEQS ~ „
i - -
t=' _ -
-
- " _
- -
%i~ Inslnnural pn%unr-rt' f?y: Arif PanTpia _ • ' •
~ JJrr _ts Lawyers Tit Ie Iris . core . eL~~ 3~~ P1GE ~g ~ ' . - -
9999 S. U. S, 1 '
Post St. Lucie, Fla. 33452
t