HomeMy WebLinkAbout0229 and shall perform, comply with and abide by each'and every the agreements. attpulatioru, eonditions and
covenants the?eoj, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be nuU and void.
the mortgagor hereby further covenants and agrwa to pay promptly when dw the prtndpal and
interest and other sums of money provided for to said nob and this mortgage, or either; to pay nU and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances o/ every nature on said pro-
p~rty: to permit, rnmmit or soft
er no waste, impairmen! or deterioration of said land or the improvements
thereon at any time; to keep the buildings now or hereafter on said land jolly insured in a sum of not Less
than. O/a
in a company or companies acceptable to the mortgagee, the policy or policies fo 6e held by, and payable
to, said mortgagee, and in the event any sum of 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 coati, charges, and expenses, including lawyer i fees and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the n~reementa, stipulations, conditions and
eovenants set forth in said note and this mortgage or either. In the event the mortgagor jaib to pay when
dos any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or affecting the option to forecbse
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f
ul rate then allowed by the laws of the State of Florida.
any sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or tj each and every the agreements, stipulations, eonditio?u and rnvenants of said
note and this mortgage, or either, are not ~ully performed, rnmplied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of 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 thin mortgage accrued or
theren/tar accruing.
- r
(CORPORATF_ In ~~AIeSS ~~~1 the mortgagor has caused these presents to
SF_At.) be executed in its name, and its corporate sea! to be hereunto affixed, by its
proper of
f
scars thereunto duly authorized, the day and year first above written.
ATTEST - L!l118EL DDILDEBS, I1tC.
• $rcMary
j Si ,sealed and delivered in the presence of : n
- ?teE- - President
- - - 4~3fi103
1960 YiaY -9 Pw 12 28
flLl:C ANC Ps:Cii~ 8
ST.LUCIf COUN1Y.FlA.
~`A?w Ot ~~S ~t[JtaER POiTltAS
pp~~~AiC [ ` tt~Rli CIRCUIT LOUR
~,VUn~ St. Lucie ~"za'E-~tE+%r____
1 HEREBY CERTIFY that an this day, be~on mr. on o(~i«? duly outfaorired in the Stale and County o%naotd to tales acirwaoiede-
menla. persorwliy appeared
Peter G. Robinson
evrll fmoeun to mt to be the Vice President and respectiaely of the corporation nomad as
morlpogo? in the ~aregoine inslreenatnf, and Ihaf Ihey srnerolly oc4rwu+fedyed tiecvureg the aoms, to the senor
pre ~ tu}o subsrnibirep witrersaea.
~reely and erolunlanly order outhoriq duly rested to them 6y aoid corporotion and shot the ,eat o/(tced thereto is the Ir+ae eorporote seal of
sold corporation.
W!I'A'ESS my bond and oJ~ica! ,ed in the County and $tale last e%nsad this 2nd doy d '
A- v. t9 80.
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T/tis hrslnunctrt pnp~aird by: ti~' .
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