HomeMy WebLinkAbout0091 and alto!! per)orm, comply with and abide by each and every the agreements, stfpubtion's, conditions and
cotenants thereof, and of this mo?tgape, then this mortgage and the estate herby created, shall cea:v, dv-
termine and be null and troid. a
7illll the mortgagor hereby jwlher covenants and agrws to pay promptly whin due the pMncipnl and
interest and other sums of money provided for in said note and this mortgage, or either: fo pay all and
singular the !axes, assessments, levies, Ita6iltties, obligations, and encumbr+anoes of awry nature on said pro-
perly: fo permit. commit or suffer no waste. impairment or dsteriorofion of said land or the improvements
iherecn at any time: to beep the buildings now or ke?eafter on said land jolly insured in a sum of not less
than
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 an sum of money becomes payable 6y virtue of ouch insurance the
mortgagee shall hate the right to r~e and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; to pay nU costs, charges, and expetues, including lawyer i ~ fees and title
searches, reasonably inctteTed or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulatto?u, conditions and covenants of said note and fhL mortgage,
or either; to per)orm. comply with and abide by each and every !hs agreements. stipulations. conditions and
rntenants set forth in said note and this mortgage or either. In the event the mortgagor jai4 to pay when
due any fax, assessment, insurance premium or other sum of money payable by virtue o) said note and Ibis
mortgage, or either, the mortgagee may pay the same, without waiving or affeNing the option to foreclose
or any other right hernt?nder, and all ouch payments shall bear interest from date thereof nt the highest law-
ful rate then allowed by the laws of the State of Florida.
any sum of money herein re)erred to be not promptly paid. within thirty days next after
the same becomes due, or i j each and every the agreements, stipulations. rnnditions and couenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, !hen fire entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, .shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwdhslanding. Failure by the mortgagee to exercise any of the rights or options herein
. provided shall not constitt:te a g~aiver o) any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year )irsf abote toritfen.
Signed, sealed and delitered in the presence o): ST. LUCIE ROCK AND SHELL, INCOR-
< PORATED, a Florida Corporation
- - -
V.R. Gorham, Jr .President
At es John Gorham, Secretary
i
STATE OF FLORIDA,
co~•:vTY OF St. Lucie
_ i HEREBY CERTIFY that on this day, before tae, an
~ officer duly authorized in the State aforesaid and in the County aforeuid to take acknowledgments, personally appeared
V.R. GORHAM, JR. PRESIDENT and JOHN M. GORHAM, SECRETARY OF
ST. LUCIE ROCK AND SHELL, INC., a Florida Corporation
to me known to be the persong described in and who executed the foregoing instrument and they acknowledged
lxforc me that they executed the same.
Wi7i'VESS my hand and official seal in the County and State last aforeuid this ~ day of
~;~GCcJ A. D. 19
/ ~
••~•~~•~i==.,, Notary Pub ic- State of Florida
~ ~ ~
. `may • •
r.::
• v~ A AT LAtI~ V
. ~ : r ~ ; • - IATAR~ IIAIIC STAfE Of iIORID
. - ~ CAMM1SSIa1 t7ytRES tV041 - 13 t9l2
. ~ .•r r' . ~ ' ~ pN0E0 (MII! GENiUti~ .c •tt •ERS .l~
. 1,~. ~I•` ~ `
-t .
~ Douglas E. Gonano, Esquire
%,u Lfslna„c»t rr rr~:l b ;McDonald, Gonano ~ Associates, P.A.
P y 1600 South Federal Highway ,
A~ldnu Fort Pierce, Fl. 33450 800K~~ PAGE