HomeMy WebLinkAbout0508 artd shall perform, comply with and abide by each and every the agreements, stipulation's, conditions and
rnnenanfs thefreo/. and o) flits mortgnpe, then Ibis mortgage and the estate hereby created, thaii cease, de-
lPrmtrlP and bP RIrII a?Id t'Old.
end fhP mortgagor heraby (urlher covenants and agrees to pay promptly when due the principal and
interes! and other sums of money provided for in said note and th4 mortgage, w either: to pay all and
singular the lases, assessments, levies, liabilities, obligations, and encumbrances of every naluro on said pro-
perly: to pPrmil. commit or slit
ter no u~asle, impairment or deleriorofion o/ said land or the improvements
1hPrren at any time; to IrePp the bltildings now or hereof
ter on said land fully insured in a sum of not less
than highest insurable value.
in n comt>any or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
lo, said mortgagee, and in t11P even! any sum of money becomes payable by virtue of such in:wance the
mortgagee shall Itar'P the right to receive and apply the same to the indebtedness hereby secured, accounting
to ilia mortgagor )or any slt?pltu: to pay all costs, charges, and expenses, including lawyers '/Pas and !ilia
searches. ?easonably incwred or paid 6y the mortgagee because of the failure o/ the mortgagor fo promptly
and fully comply wish the agreements, stipulations, conditions and cotenants of sold note and this mortgage,
or eillter; fo perform, comply u~itlt and abide 6y each and every the agreements. stipulations, conditions and
cot'ertartts set forth in said note and !his mortgage or either. In the event the mortgagor /ails !o pay when
due any tar, assessmP?tt, insurance premium or other sum of mo?rey payable 6y virtue of said note and this
mortgage, or either, fhP mortgagee may ppy the same, without wnit'ing or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw-
)ul mtP then allowed by the Iaurs of the State of Florida.
~t any sum of monPV herein referred to be not promptly paid within 30 days next after
ilia same becomes dire, or i) each and etPry the agreements, stipulations. conditions and covenants of said
note and this mar/gatte, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said Hale, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said Hole or herein
fo the contrary nofu'rdrstanding. Failure 6y the mortgagee fo exercise any of the rights or options herein
protidrwl shall ?wt cO/15tIt11fP a U'aiter OI any rights or options under said note or this mortgaga accrued or
thereafter accruing.
~n ~iitness ~htC~O~ tIIP Sald mO11Q aQOr haS hPMrrntO SlQ I1Pd and sealed these presertt9 the
f
day and year first ahotP u'rilfen. C~OI~' j,~q~
ti ~
Sign , SP Pd a dPI11' In the pr erlcP Of
s ~ .
L
'~L
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~ ~ , .
` 30 _
~ ~LLIi%iF LGS`t: Y.FI~- A
CtEI:(Ctt~C;L COLF~
~ ~ STATE OF FLnRIDA, A~~.;2
S I i.~~•~•-rv ter
I HEREBY CERTIFY that on this day, before me, an
ot(icer duly authorized in the Stag aforesaid and in the County aforesaid to take acknowledgments, personally apptared
` to me known to be the person described in and who executed the tore¢oinQ instrument and acknowledged
~ Ixiorc me that executed the same.
N'17 ~F.SS my hand and official seal in the County and State last aforesaid this day of
A. D. 19
sTA~ ~ Fr~oRInA
I co~nlt~ of r~IN
3 ~n~ the undersigned authority personally appeared N~IN D. BOYt3?,
Director of GOLF HC~S [WERSFAS] LIIKITID, a oa!>nany registered in Jersey, C~zannel
Islands, to me la~own to be the person described in and who e~~ the foregoing
ooa<IV~eyanve and he aclana+ledged the execution thexeof to be his free act and deed
as such officer, fbr tl~ uses and purposes therein mentioned, and that the said
I instn><nent iS the act aixl deed of said ooI`porati
WIZi~.S my hand and official seal in S last a resaid this
~ ` day of April, ~ 1980x•
~ tiJOrA1;2Y SEAL)
MY ion Expires:
lrif I?ttJnr~n~tJ ~rrpnn'd hy: ~ I ~j~~~
n t'repxed Bp:
{ ~ :~rlrl~i_tr LARRY l~A. STCWA~T, Attorney
` 4ot E o:c~ata sl., st,;le I.^•2 g~~2 P1GE W~
5'eart, Flcri;:a 33•i:4
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