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and shall perform, comply with and abide by each ~iitd ovary the ag~emenb, ttipulafions, conditions and
eovenanb thereof. and of this mortgage, then this mortgage and the estate hereby created, :hall cease, da-
teritttne and be null and void. -
the mortgagor hereby further couenan4 and agrees to pay promptly when due the principal and
interest and other auras of money provided for in sdd note and this mortgage, or either: to pay all and
singular the taxes, as:essments, levies, liabilities, obligatioru, and encumbrances of every nature on said pro-
perty: to permit, commit or sal
jet no waste. impairmsnf or deferionation of said land or t/te improvements
thereon at any time: to leesp the buildings now or hereafter on said land fully tnsured to a sum o/ not le:s
than N/A
in a company or companies acceptable to the mortgngee, the policy or policies fo be held by, and payable
to, said mortgagee, and in the even! any sum of money become: payable by virtue o; such insurance the
mortgagee shall have the Nght 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 lawyar's fees and title
sen?ches. reasonably incurred or paid by the mortgngee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, condifioru and covenants of said note and this mortgage,
or either; to perform. comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth to said note and this mortgage or either. ?n the event the mortgagor fails to pay when
due any fax, assessment, insurance premium or other sum of money payable by virtus of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law-
ful rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred to be not promptly paid within 30 days near! after
the same becomes due. or if each and every the agreements, stipulations, conditions and covenanb of said
note and ibis mortgage, or either, are not fully performed, complied with and abided by, then tke entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or -
the?eafter, 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 mortgages to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
(CORI'ORATF. ~n ~ltn~SS ~~o` t{te mortgagor itas caused these presents to
SF_AI-) he executed in its name, and its corporate seal to be hereunto affixed, by ifs
proper officers thereunto duly authorized, the day and year first above written.
ATTEST-------------------•---------- - LAUREL BUILDERS, INC.
Jre-crrtary
Si ,sealed and delivered in the presence of _
ss ,
i• ~ .
By----••----C`--- -
- - - Prt>ntienl
4~+~9~369t,
t
1980 APR 24 PN 12~ 02
I
I FIlEOINI+tC ~ECOMfO
ST.IUCI CCUVTY.fIA.
~ Mate of F~ oe/~ A - ciEan
c~ii~cult
cost
-
~VUnty o` `sr ~t~U~ RtCi:A"d ~'cr,:FIF~--- _
~ j 1 HEREBY CERTIFY that on ibis day. 6rJtere mr. on oJJicrr duly aw6orised in ties State aced County aforesaid to tales ocbeoeoledg-
mrnts. pr?so?eally oppearrd PE~~ _ _ /g. ROB~Nso.?
G ,c•
~ urll ltnotun to me ro dr tier ~ ~ Pnsitlrnt anti nspeaitaely of lies eorporalton named as
F
mortgagor in Ilse Jarrgoing instnemrnl. and tlwl Ileey xre?allq ac4nou,ledged executing tier same, to Ilea prrsentx of few su6satbirep tuitnesses.
frerlr and twlun[arily undrr atetba.ity duly trstetl in deem by said corporation and Ileot lies seal of/izrd tlernto is flee trw cwponafe seoi of
said corporaion. o j
WFI•~ti'F_S$ my leand and oJ(icial seal in lies County and State last oJonsoid this ~ day of ~I~i /
' 4 A. D.- t4 80 '
1
i~
N(YfAP.Y PUBLIC -
f , ~ • ~dJ,;-., .
- ..~.•~-~t°~~ fi'~1j'.~Or?tISSION F.XPIF.ES:
i - ~ }
~ : t1M11NC1A 61~t
- ~ _ ~ • l' Ni1l~t~ ~IMo theN d llerir of ~afM
%ris liulni,u~
~d prepnrcd by: • . ' ~ = - ~ ~ - M? Oft¦MMt~lon E~pir+s.lww t i, tlti
Arldmtc : -
_ ~ PEE 364 ~
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