HomeMy WebLinkAbout2980 ~ ~ .
•
•
and shall perform, comply with and ntjide~by each and revery the agreements, stipulations, conditions and
eovenahta thereof, and of thu mortgage, then this mortgage and the estate hereby c?eated, shall cease, de-
lermine rend be null and void.
the mortgagor hereby further covenants and agues to pay promptly when due the principal and
interest and other soma of money provided for to said note and this mortgage, or either; to pay all and
singular the • taxes, aasessmenls, levies. liabiGliea, obdgationt, and encumbrances of every nature on said pro-
pe?ty; to permit. commit or suffer no wrote, impaGment or deterioration of said land or the improvements r
thereon at any time; to 4eep the buildings now or hereajte? on said land fully tnaured in a rum of not less
than - N/A
in a company or companies acceptable !o the mortgagee, the policy or policies to be held 6y, 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 rend apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus; to prey all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the /allure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants .of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, allpulnlions, conditions and
covenants set forth in said note and This mortgage or either. In the event the mortgagor fails fo prey when
due any fax, assessment, insurance premium or other sum of money- payable 6y virtue of said note and this
mortgage, or either, the mortgages may pay the same, without waiving or affecting the option to f
o?eclose
or any other right hereunder, and all such payments shall bear interest from dale thereof at the highea! law-
ful rate then allowed 6y the laws of the State of Florida.
~l any sum of money herein refereed to be not pro:nplly paid within 30 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 fatly per/ormed, complied with and abided by, then the entire
sum mentioned in said Hole, and this mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or
thereat 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 option;; herein
provided shall not constitute a waiver of any rights or options under said note or this mortgoge accrued or
thereafter accruing. -
(CORPORATE ~n ~•'~"Q• the mortgagor has caused these presents to
SF_At.) 6e executed in its name: and ifs corporate seal to 6e hereunto affixed, 6y its
proper of
f seers thereunto duly authorized, the day and year f
first above written.
~ [,LATER PROCESSING -
-•--••--•----•-----j
ATTEST:_~
$ecrelary _ ~
Signed, se d ar,d elivered in the presence of : 1
i
BY-•• --•------•------------••----------------------President
Vf ES
' - 4~t~~5'7
~t,~88 - • -
1980 APR -8 Phi 12~ 58
f~f:o ,?tfc ri:c o
- - s~t~
Pa~M
LA.
p f FLORIDA at,Etuc claciiiT
bounty of . t~~p Vf RiPif B
1 HEREBY CF_RTIF7 that on ties day. hefon sue. an o//icY? ddy oull~wiud in tl~e Sate and CwuWy aJonsoid to tale «kwrrledp-
mrnls. persorwlly appearrd
I JOHN BELLOIT -
well Imowri to n,e to be the President orwl respecliorly of the ooeporolion na+rsed a
mo?Ipagor in lice fo?egoing instrument. and lhol they xrerolly aclmora~ledped erecutintt the same. in the pnsenor of Iwo wbsail~np suilnessrs.
fnelp and volunto.ily uruier authority duty rested in them 6y said corpordion and that the oral affiud thrnb ;s the true corporate seal of
sold corporation. -
W!1'NE.SS my hand and aff~ seal in the County and State last aforesaid this 1St day ~ MSICh
A- D. t9 80. .
l
_ N ARY BLIC
• MY COI~RIISSION EXPIRES:
t- NOTARY PUBLIC, S1ATE Of fIORIDA AT lA9GE
- ~ ~ ~ _ MY CO'A'.II:,StrJ'! E%PIC~~ DEC. l~. 1^33
J ~ Bv"•IiDED BY ALERSCA:; 'rl ~ CfiS',ALTY CO.
-
l7iis Gwnmu~a~ prepard by: - ~ = fit
Atldm~r