HomeMy WebLinkAbout0233 and shall perform, comply witk and abide 6y each and every the agwemsnls, stipulations, conditions and
eownonts thereof, and of thu mortgage, then th4 mortgage and the estate kereby cr+eafed, shall cease, de-
termine and be nuU and void.
1~~~
T111u the mortgagor kereby further covenants and ogress to pay promptly when due the prinNpnl and
interest rend other sums of money provided /or in said note and this mortgage, or either: to pay all and
singular the taxes. assessmsnla, levies, Liabilities, obligations, and encumbrances of every nature on sold pro-
perty: to permit, commit or suf
f
sr no wrote. impat?ment or deterioration of said land or the lmprowtrtenls
thereon at any time: to Iteep the buildings now or he?eajter on said land sully insured in a sum o/ not less
than NIA
in a eompnny a compnniea acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the even! any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply life same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: to pay all cosh. charges. and expenses. including lawyers jest and title
sea?ches, reasonably incurred or paid 6y the mortgagee because of the fatlttre of the mortgago? to promptly
- and fully comply with the agreements, stipulations, conditions and covenants of sold note and this mortgage.
or either: to perforne, comply wick and abide 6y earh and every the agreements, atipulattons, condtftoru and
covenants set joHh in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum o/ money payable 6y virtue of said note and thi:
mortgage, or either. the mortgages may pay the same. without waiving or of
jecttng the option to foreclose
or any other right, hereunder, and all such payments shall bear interest from date thereof at the highest Law-
ful rate then allowed 6y the laws o/ the State of Florida.
~l any sum of money herein refereed to be not promptly paid within gO days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and rnvenants of said
note and this mortgage, or either; are not -jolly performed, complied 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, 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 options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage acrnaed or
thereafter accruing.
- (CORPORATF_ ~n ~/ul~ ~~p` the mortgagor has caused these presents to
-SEAL) 6e executed in its name, and its corporate seal to 6e hereunto affixed, by its
proper officers thereunto duly authorized, the day and year first above written.
ATTEST-------------------- LAUREL BUILDERS, INC. -
$ecretary
Si ed, scaled and delivered in the presence of :
l3y-....-..---•-----------------•--•-•--•-••--•--
~JtCc-- President
~ 46105 -
1980 k~Y •9 Phi 12~ 52
Fa o R!iD F~coxitEo
St l~lE COUNTY.f~A.
p f FLORIDA f~ERGK
clRCUR LOUR
ST. LUCIE ~fccf3a rT2~i~EPr
~OUft~IJ Of -
1 HFRF_BY CEttT1FY t/wt on tIw day. 6ejort ere. on offior? duly autlorimd in dr State and County afo,ssoid a lo%e orbwdedp-
mrnr,, penorwlly appeared
Peter G. Robinson
wrU 4rwurn to ,.,e to 6e the Vice Pn,idenl and n,petlively of t/u corpoeat:on narwed as
morlpagor in IRe ~oreeoing in,lrumrnl. and trot ll~ey severally «bwr~ledeed esecuting liK same, rn tl~e preserve of Imo sudscri6iny u+itnessrs,
freely and voluntarily under aut/~ariq duly nsred in ll~em fry said oorpo,olion and t),ot tle scot a((tued tl~errto 1s tine tare corporore seal of
said corporolion.
j W~l'NESS my band and o~(ici~l seal in tl,e County and State lost o(aeessid lies 2nd doy ~ May
A. v. t9 80
P
_ ; 1~IOTARY PUBLIC
y~- ~ ~ -~~yv~~~= O01~@iISSION EXPIRES:
i , c`'' =~p~~: ~ r3' c= _ M?NaA6 ill
- ; • ~ ` 'ti° ~ MMry PIMs ftwt, ~l ~M1ie N LtrM
T/,is I,ulru„rcnr p?rpaad by: . ,;;s :8= o- i IMirDf~lMiME*trM.MniB,IgA1
. C~ iii`'{,~.
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