HomeMy WebLinkAbout1327 . ~ and shall perform, comply with and abide 6y rack and every the agreements, stipulations, conditions and
rnwnants ihereoj, and of this mwtgage, then this mortgage and the estate kereby created, shall ceos~, do- -
teemine and 6e null and void.
711~Y the mortgagor hereby ju?tker coverwn4 and agrees to pay promptly when dw the principal and
tnterest and other sums of money provided /or in said note and this mortgage, or either; to pay all and
singular the faxes, assessments. levies, linbililies, obligations. and encumbrances of euery naturo on said pro-
perty; to permit. commit ar suffer no waste. impairment or deterioration of said land or the improvements
thereon at any time: to h the buildings now or hereafter on said land jolly insured in a sum of oat less
than full insurabge value
in n company or companies acceptable fo the mortgages, 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 o/ such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting
fo the mortgagor for any surplw; fo pay all costs, chntges, and expenses. including lawyers fees and title
searches. reasonably incutrnl or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly-comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform. rnmply with and abide by each and euery the agreements, stipulations, conditions and
covenants set forth in said note and this mortgoge or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgages may pay the same. without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at !hs highest law-
f ul rate !i+en allowed 6y the laws o/ the State of Florida.
~f any sum of money herein referred to be not promptly paid within twenty days next after
the same becomes due, or ij each and euery the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, rn?nplied with and abided 6y, then the entiro
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, shall jorthtgith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee fo 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
iherenf ter accruing. '
~ e
ti ~ ~n ~ttneSS ~hereef the mortgagor has caused these presents !o
RATF. -
I{ SEAL be executed in ifs name, and its rporate seal to be hereunto affixed, by ifs
proper ojjicen thereunto duly n orized, the day and year first shoos writien.
Al n Corporation of St. Lucie
ATTE : _ - Co t a- F1 rids---corpo tion------
Ke - ~ Ube-- n - ry
Sign sea a d l r n 1 a pr a ce j: -
- --ari~ e~ ~ - - - -
r, -rcudent
- - - - - Ve t e P .
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~ Mate of Florida
St. Lucie -
i~ 1 HEREBY CFRT/tY Ifwt on this dup. hetore mr- on aliice? duip owhorised in the Stale orri County alorrsaid to lane oclv[osufede-
meals. persaroi?p appewe,f Alexander H. Yerde .and Kenneth IK. Ubertlno
urif Lnown to me to be the P~rsidenl and Secretary nsped[reip d the cnrpormion non.ed as
~ mortgagor in the /oregang inslrumrnl. arni that Ihep se[•erolfy oc4no[[~tedged esecutine the saan, N senor o/ 1[vo sutrsoiiwrg [vilnrsses.
s
a f~ ireetr and [roiunlarity under aulhwilr duty re.led in Ihem by :old c+wporolion and thol a/llsed the is dw d
li
t sa,d rorporafion.
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s. .WITNESS mp hood and oiticiot seal in the ('Quay or,d Ctde last al ss~id
A. D l9 _
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: `'S•,.• )~~o o- - t e - f F - r i da
f ~ - at Large. My fission expires
i . ;~OTA~? y;''~ r:
k - . : r:, : 5bk o1 Plaids [argg
- _ 10y Cotnatissiolt Espira IYlarch 6, 19$1, ~
4 - G ~rsM b A..rka. i:. L Ce,..Ye Cwr~... 1
~ ~ (notary Seal)
~ -/7;i~`~r_+~rrii~i~iM pirp~trcc! 1,y:M~ D~RELL FENNELL
.1.lJrr~~~ 979 BEgCHLAND ~L2960 t~~~
VERO 81:ACH, FLA. 3