HomeMy WebLinkAbout0862 and shall perform, comply with and abide by each and every the ogreements, stipulations, eortdltions and
covenants thereof, and of lhts mortgapa, then this mortgage and the eitots her+sby crea(sd, shall cease, de-
termine and be null and ewtd. -
the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and
interns! cued other stuns of money provided for in said note and this mortgage. or either: to pay all and
singular the faxes, assessments, levees, liabilities, obligations, and encesmbmness of every native on said pro-
perty; fo permit, commit or sujje? no wade, impairment or deterioration of said land or the improvtmenb
thereon at any time: fo beep the buildings now or hereafter on said land fully insured in a sum of not less
than Full insurable value,
In a company or companies acceptable to the mortgagee. the policy or policies to bs held by, and payable
fo, said mortgagee, and in the event any stun of money becomes payable by viAue of such itutu+ance the
mortgagee shall bare the right fo receive and apply the same to the indebtedness herebysecured, accounting
to the mortgagor for any surpltas: to pay all ewts, charges, and expenses. including lawyer's jeer and titb
seanhea. reasonably tnctured or paid by the mortgagee because of the jailors of the mortgagor to promptly
and (ally comply with the agreements, stipulations, conditions and cvvenants of said note and this mortgage,
or e1thK: to perform, comply -with and abide by each and every the agreements, stipulations, conditions and
covenants set jarlh in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, instvance premium or other sum of money payable by virtue of said note and rhea
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all stub payments shall bear interest from date ther+eoj at the highest law-
f
uI rote `then allowed by the laws of the State of Florida.
~L any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or iJ each and every the agreements, stipulations, conditions and eovenanb of said
note and Ibis mortgage, o? either, are not fully 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, nt the option of the mortgagee, become -and be due and payable, anything in said note or herein
to the rnntrary notwtthsfanding. Failure by the mortgagee to exetrise any of the rights or opttorts herein
provided shall not constitute a tuaiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itntSS Thereof, the said mortgagor has herrunto signed and sealed these presents the
clay and year fiat above written. '
Signed, sealed and delivered in the presence of
• ~ ~ HEMISPHERE HOLDINGS INC.,_
- ------a Flori-
--------------!!44__!.!!!~?4°~::~~.... _ . -Corpora -
~ . -
i lam ft, President
-
y'---------------------------
Attest: Carol Rra t, Secretary
Treasurer
STATE OF FLORIDA, -
co~•a~TY of St. Lucie
I HEREBY CERTIFY that on this day, before tae, as
of("Ker duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
WILLIAM KRAFT, PRESIDENT and CAROL KRAFT, SECRETARY/TREASURER
j of HEMISPHERE HOLDINGS, INC., a Florida Corporation
t to me known to be the prrson8 described to and who executed the iorcgoin~ trtstrument and they acketowkdaed
before me that they executed the acme.
NI7-NESS my land and official seal in the County and State last aforesaid this ~ day of
May A. D. 19 8~. ~ti`~;i~•t' -
'
- ::ti. J -
. '
_486510 ...j.
State of F1or~~a = ~Cy;
19$0 ~~AY 14 3~ OS ~ ~ o ' ~ -
?"4LEQ RkC P' Low' 0 ~ ` ' 's, _ mac' .
SLt.UUf ta)LYT.Y.f tA- ' , ~ IV F:r.'4. 'rl.i~..i%`r~
ROGERPC{TftltS ..cx-~[~'?Ntu•.!u?sa. ..~-•1~.~+YT%?T~
CLFR3t Ci~tt'.t,,'li Gtr::
P~Eno^.: "'F:f''- - - r~t0?I1RY ~llRiC St'A1E OF ~ORtOA Ai
IKY COMMtSStON EAIRFS s 19ta~
t~ClntDEp rFtRlt GENERS?l trr5 UtVDERWl1tERc
i
c
Douglas E. Gonano, Esquire
McDonald, Gonano & Associates, P.A.
l7iu Inwrrunrrtl prrparrJ by: 1600 South Federal Highway
Fort Pierce, Florida 33450
A~JJm~r
~l - 1331 P~ 862
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