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HomeMy WebLinkAbout2357 and shall perform. comply with and abide by eoch and every•t'~ts ogn•ment, atipulntiona, rnndtfions and cownant thereof, and of this mortgage, then this moNgage and the estate hereby created, shall cease, de- termine and bf nuU and void. the mortgagor hereby further covenant and apnea !o pay promptly when dw the principal and interest and other sums of money provided for in said nob and tht mortgage, or either: to pay aU and stngulw the taxes, assessments, levies, Itabiltttss, obligations, and encumbrances o/ every nature on said pro- perty: to permit. commit or suffer no waste. impairment or doteriorntton of said land or the improvements thereon at any time: to beep the buildings now or hereafter on said land jolly insured in a sum of not less than nil in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and to the event any sum of money becomes payoble by virtw of such insurance the mortgagee shall have the right to receive and apply the same, to the indebtedneu hereby secured, accounting to the mortgagor for any, surplus; to pay all costa, charges, and expenses, including lawyer's fees and title searches, reasonably. incurred or paid by the mortgagee because of the failure o/ the mortgagor to promptly and Jolly comply with the agreements. stipulations, conditions and covenant of said note and tht mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set /Drib in said note and this mortgage or etcher. /n the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum of money priyable by virtue of said note and this mortgage, or either. the mortgagee may pay the same. without waiving or ajjecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- . jut rate then allowed by the laws of the State of Florida. 7l any sum o/ money herein referred to be not promptly paid within 3U days next after the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or 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, at the option of the mortgagee, become and be dos 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 accrued or thereafter accruing. tin - y _ •3.`~ ~'41~t2~PORATF. ~n ~~NH.,7.1 ~L the mortgagor has caused these presents to . p . _ t SEAL) be executed in its name. and its rnrporote seal to be hereunto affixed. by its proper o/ficets thereunto duly authorized, the day and year first above written. . ATTES'i'------------------------------•----------------•-------.....-............. .-.._..kIELGOME. a 5~..1~Q _ i Sccrelary l Signed, sealed and delivered in tFte presence oj: t s ~ B - Y••---• ~ ~l ~ - --9°`----• - - President ~,t~.~_`~. Ire F{ F I t ~ ~ FLORIDA ~OU11 Of 'y ST. LUCIE I HEREBY CERTIFY 1601 on Ibis day. beJar,r me. 0n oJ(irn duly aut6oriud In the Skis 0rd County oJonsoid a tatre «lswwiedg- menlf, persorwlly appearrd t ELLEN J . G[JTERL well 4nou~n to me to be 16e President anti respectively of the cwporalion nansed as ' mortgagor in t6r foregoing instrument. and 16a1 l6ey srvernily «inowtedgtd executing 16e some, in 16r r pressnn of taro subsai6ing uaU~eases. 1 lady and ooluntordy under aut6orily duly relied in 16em 6y said co?pomlion and 160t 16e seal of/iced 16aelo 1: t6. true cwporote se01 of Y said cnrpo?ation. € r ,,.H!,(/'NESS my band and of/icial seat in the County 0rd Store test aforesaid ibis 16th day o/ Icy • ~ R~ ~ ~I. ~i ice( 49`7409 F ':.•~~t. ~JOO i'iti i~ 22 IIt7 i~ 5(7...... • - • - Y P LIC i ' ~ + - f1Li.0 AliC FrC~ppliV't it • -•``^`y- ST. WCIE COU~iTY.F1.A. ~ G ` r ~ RtKaER t'OtTflAS - ~ ~ ~ : ~ • CLERK CtRCUlT t:OiiRTpO My commission expires "l/»s I,ulrumc»~ pnparrd by: Notary Public. State of Nortda at large Addmcr My Commission Expires Auq. 6. t98t e~fiK 331 Pte,: 2~~4