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Home My WebLink About0237 and shall perform, comply with and abide by each and every the agroemenb, stipulations, conditions and eownants thereof, and of this mortgage, then this moNgage and the estate hertR6y created, shall cease, de- tet+ntne and l» null rend void. the mortgagor hereby further eouenants and apnea to pay promptly when due the principal and - interest and other sums of money provided jw in said note and ihts mortgage, or either: to .pay all and singular the taxes. assessments, levies. liabilities, obligations. and encumbrances of every Wotan on said pro- peHy; to permit. commit or-sctjjer no wwty. impairment or deterioration of saki land or the improvements thereon at any time; to deep the buildings now or hereafter on said land jolly tnaured in a sum of not less than NSA . in a eompnny or companies acceptable to the mortgagee, the policy or policies to be held 6y, rend payable to, said mortgagee, and in the vuent any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to ?eceive and apply the same to the indebtedness hereby secured, aceounttng to the mortgagor Jor any surplus: to pay all costs, charges. and expenses. including lawyer's Jess and title searches, reasonably incwred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply wish the agreements. stipulations, conditions rend covenants of said note and this mortgage. or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either, In the event the moNgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this - mortgage, or either, the mortgagee may pay the same, without watuing or a/jecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the htghett law- f ul rate then allowed 6y the laws of the State of Florida. ~1 any sum of money herein rejer?sd to 6e not promptly paid within 30 days next after t?ie same becomes due, or ij each and every the agreements, atipulatiorts, conditions and covenant: of said note and this mortgage, or either, are not jolly per/ormed, complied with rend abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jortluuith or thereafter, at the option of the mortgagee, become and 6e due rend payable. anything in said note.or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. (CORPORATF_ ~n ~~u1eSS the mortgagor has caused these presents to . SF_AL) 6e executed in its name, and its rnrporate seal to 6e hereunto affixed, by its proper ojjicen thereunto duly authorized, the day and year first above written. LAUREL BUILDERS ZNC. i ATTEST'------------------------------------- - s~t~ S' ed, sealed rend delivered in tl?e presence oj: l ~ Jy( ~ , By r. I ~ p - ~ - - - is~ ~~Y -s ~ ~r s5 ft.ee ~+tc h~co~xo Si. LUClE COUlITY. it A. ROGEtt t'OITRAS eLERfi cir<cun COURT „ FLORIDA RFC~'Rf< 1•CRtt'cE~___-~~_ 0f ST. LUCIE 4~~~ 1 HF-REBY CERTIFY tlwt an ilus day. brJonr mr. an o//ion ddb aw1.o?iud in tine Siote and County afor+raod w IoLr oc~no~oiede- mrnls, penanaiip appeared . Peter G. Robinson well Imauws a me to be flee Vice President and respecfiuely of flee carporotian nowud as mo?igagor in tl~e foregoing instrument. and tlwt ittey srnerally ocirnouriedged tiecuting il.e some. U tl~e pnsenoe o/ two ssstrsaibing urilne»es. r freely and nolunlarily undo. auiMriir duly nested in llvm 6y ,aid corporalton and tlwt tl~e seal of/iced t/~e?eto is tl~e tn+e eo~porde seal o~ said corporatian- Wrl'NESS my hand and official ,eat in the Cowsty and State last aforesaid ilw 2nd day of Msy A- D. t~O r _ - ~ ~jY'•(i. ~~TARY PUBLIC. _ . . - ;~lL~ O~4[ISSION EXPIRES: . I %ru htslnu~tcnl ,rd 6 * I ' - R: - ate. Ne1nY ~ ~~A~g ~ . , ~ A~d>ru ~ 60~,~ PAGE