HomeMy WebLinkAbout1066 and shall per/orm, comply with and abide by each and every the agreements, stfpulnfioni, condilioru and
covenants thereof, attd of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
te?mine and 6e null and twirl.
the mortgagor hereby further covenants and agrees !o pay promptly when due the principal and
interns! and other sums of money provided Jor in said note and this mortgage, or either; fo pay all and
singular the tAXPS, assessme?tis, levies. liabilities, obligations, and encumbrances of every nalttre on said pro-
perty: to permit, commit or suffer no waste, impairment or deterioration of said land w the improvements
Iherecrt of a?ty time: fo keep the httildings now or hereafter on said land fully insured in a sum of not less
than full insurable valb~e.
in a company or companies accepts a fo 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 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, accounting
to the mortgagor for any sttrpltts: to pay all cost:, charges, and expenses, including lawyer's Jees and title
searches, reasonably incurred or paid by the mortgagee because of the Jailtue of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either: to per/orm, comply with and abide 6y each and every the agreements, stipulations, conditions and -
covenartls set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay when
dtte any tax, assessment. insurance premium o? other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without urniving or aj(ecting the option to foreclose
or an> other right hprnttnder, and alI such payments shall bear infernst Jrom date thereof at the highest Inw-
Jttl rote then allotuetl by the Inurs of the State of Florida.
~l arty sum of mortPy herein referred to be not promptly paid within 30 days next a/ter
the same becomes due, or iJ each and every the agreements. stipulations. conditions and rnvenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by. Then the entire
sttm mentioned in said note, and this mortgage, or the entirn balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note tx herein
to the confrory notu•tfltstandirtg. Failure by the mortgagee to exercise any of the rights or options herein
~ prorided shall not co:tstiltele a u•ait•er of arty rights or options Hader said note or this mortgage accrued or
thereaJlPr accruing. THIS l$ A li/`,UOON MORTGAGE AND THE FINAL PA N1~
~n ~itneSS ~hM'eof, the said m OR 17ik,SA NCE DUE UPQ~I 4 3.71r~'~' 1S '~~'Zd' 37.'!
day and year Jirsf above turiffen• ADY/~t'~GEMEF~T$ MADE EY THE MG~~TGAGEE UNDEQ
Signed, sealed and delireretl in the prnsence QJ: ER1vi5 CE 7HiS MuRIGAGE,
Attest-?------ - - - - - ® -
RA
GOLF E CONT CTO OF LO
- ..S..t-~..Q.. IN -
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- President
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~ ST. LUCIE t HEREBY CERTIFY that on this day, before tae, an
officer ~uly authorized in the State aforesaid and in the County aforesaid to take ackaowledgmenu, personally appeared ~
CLAUDE W. PRICE, JR., and ALICE G. PRICE, President and Secretary
~ respectively of GOLF COURSE CONTRACTORS OF FLORIDA, INC.
~ to mr knoM•n to Fx• the person $ described in and who executed the foregoing instrument and they acknowledged
lxiorr me that they executed the same.
l i
Z 1` ~_~'I`7:\ESS my hand and official seal in the County and- Statr last aforesaid this day of ~
%~~Z'K~'~ _ A. D. 198 0 - - - _ ~ - -
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Flt.t:o ~o ~rcoi::x o Mr ootrwrsstON 'f~
of
` ST.t.UCIE C ~TY.F`A. . .
ROGER ~OITRAS 1~t~ 111 ~~K -
fiLEGK CIfiCUt7 CO T s='~iNp -~t
P
~ 48112'7
•/%tt /~ulrrn»~ul prrpurr~l /ry: ire 0 "
Harold H. Goldtaanr Esqu ~Q
;1r/,/rtYs 8028 South Federal Highway BC PAGE1~
Port St. Lucier Florida 33452
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