HomeMy WebLinkAbout1648 and shall perform, comply with and abide by each and every the agreements, ttipulnfioru, condition: and
covenants thereof, and of this mortgage, then Chia mortgage and the estate hereby created, :hall ceasq, de-
termine and 6e null and void.
:he mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other stuns of money provided for in said note and this mortgage, or either; to pay all and
singular the faxes, assessments, levies. liabilities. obligations. and encumbrances o/ every nature on said pro-
perty; to permit. commit or suffer no waste. impairment or deterioration of said land or the improvements
fhergon at any time; to keep the buildings now or heren/ter on said land fully insured in a sum of not less
than None
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and Title
searches, r+easonnbly incurred or paid by the mortgagee because of the /allure of the mortgagor to promptly
and jolly comply with the agreements, stipubtions, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, afipulations. conditions and
covenants set forth in said note .and. this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of saki note and this
mortgage, or either, the mortgagee may pay the same, without waiving or ajjecting the option to' foreclose
or any oilier right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw-
/ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not pro:nplly paid within thirty days next after .
the same becomes due. or if each and every the agreements, stipulations, conditions and rnvenants of said
Hole and this mortgage, or either. are not fully perjonned, complied with and abided by, then the entire
sum mentioned lit said note, and this mortgage, or the entire balnrtce unpaid thereon, shall jorthcyith or
thereajier, at the option of the mortgagee. become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the righb or options herein
provided shall not constitute a waiver of any rights or options under said Hole or this mortgage accrued or
thereafter accruing. - -
``,IL11,111111/I/II~s~
w ~L~t r, f•
. .
`1
I
~ t '
,
- :(CQRPORATF_ ~n ~tb1l~SS. the mortgagor has caused these presents to
-1; SEAL) 6e executed in its name, and its corporate seal -to be hereunto affixed, 6y its
~ :,,,,1,1117,~~~~••~
~ proper of
f icers thereunto duly authorized, the day and year first above written.
- -
j ~ J ~ ~
: GREENBRIF~ PLAZA, INC
ATTEST:,..-G.~---• -•--:_....1.~-----•- ~tzc. - - ~
Gatha L. McLaugh ini~~~
Signed, sealed and delivered in the presence ojc
~ ? --.t- gene Mct~ug ~ in , Prrndes~t
483313
{
~9&0 APB 17 A~ ~ i 03
FI~EO AhF 6t:C0r.U:O -
S Rt?GER
PO TRAS A
E Of FLORIDA ~ ERK CfRCL'!T Ct){tRT i
~OU11~IJ Of ST. LUCIE °`r£+~~ tre~-~E;~___ _
~ 1 HEREBY CERTIFY Mat on this dap. be/~ an oll+~ duty elrLoei:ed in 111e Sots end Countp e(aesaid to teLr ocl~noe+lsde- }
,nenU. penwrwllp appeared EUGENE R. McLAUGHLIN and GATHA L. McLAUGHLIN ,
Hell lrnoe~n to, me to 6e the President and. Secretary rr,p«+:oets d ro•P~t:on rwlned as
rlwrteaeoe in the (orrgang irlslrumenl. and that lllep seoerdlp ocbwu+ledeed exe[uline die scale, in dr presem o/ hoc subwlbinp uritrlessrs.
?.eelr and oduntorilp urwlrr autlloritp duly ~rsted in tlle/n 6p ,aid eu?pa?oNon and Mat the seal af(L~ed d~ento is tl.. true asryorofe sea! o/
't sold corpaalion. .
W~f'NES$ mp 6arrl and a({~ seal in t11e Cauntr end Stale last a(aesoid this ~ dap o/ April
i n. p. '980.
~ ~r~r,,,,,
{
~ . : N tary Public , State of Florida
. ~ at Large.
. . , _ ~ _ My commission expires : i?~~~~~7~, s
' GILBERT, DORF~AAN & OP.R, P.A.
`~lr ~'7~'i~s Lulntntcnl prr~at>!d by: ATTORNEYS AT Lr^~Y n I'AGE~~~
- P. O. BOX 3388 ~C(~ J~
At/rlrrsi t=(11?T PIFRCE_ FLORIDA 33450