HomeMy WebLinkAbout1722 .red shall perform, comply with and abide 6r each oral every the agrwtrsersb, stipulationi, oartdttbns arsd
ca~ertanb thereof, and of this ntortgape, then this mortgage and the state herr6y cr~ssted, shall cease, de-
termine and be null and void.
the mortgagor hewbr f
archer cownanb and ogee. to par promptly urltars dw the principal and
tnterost and other sums of money provided for in sdd nob and thin mortgage, o: tither: to pay all ant
singular the taxes. assessments. levies, ltabilltia, obligations. and encutrt6narttw of every nature on said pro-
perty: fo permit. eomrrttt or suffer no waste. intpairrnent or deterioroNon of said land or the improvemersb
thereon at any time: to beep the buildings now or -hereof
ter on said land /ally iruund in a sum of not less
than highest insurable value.
in a company or eompan[a aceeptabG to the mortgagee, the police a poGcia to 6e held 6r, and parable
to. said mortgagei. and in the event any sum of money 6eearta parsbb 6r virtue sf such insurortce the
mortgagee shall have the right to receive and apply the sa,rte to the inde6ledrtess hereby secured, atxountirtg
to the mortgagor for any surplus: to par all costs, charges, and expenses. including lawyeri fees and tale
•searrhss. ?easonablr tncumd or paid 6y the mortgagee because of the /dlun of th. mortgagor to prontptlr
and jolly comply with the agreements, stipulations, cortdittons rend covenants of said nob and this twortgege.
or either: to perform, cbmplr with and abide 6y each and every the agreements, stipulations. oondttiorts and
covenants :et forth in said note and thta mortgage or either. In th. event the mortgagor faib to par when
due any tax, assessment. instsranee premium or other sum of money parable 6r virtw of said note and this
mortgage, or either. the mortgagee mny pay the same. without waiving or of
fecttng the option to /owclose
or any other right hereunder. and all ouch parnsents shall bear interest from dab thereof at the highest low-
(ul rete then allowed by the laws of the State of Florida.
~L am aver of money herein re(en~ed to be not promptly paid within thirty daty next after
the same becomes due. or if each and every the agreements. stiptslntions, conditions and covenants of said
note and this mortgage. or .either. are not f~ll~ performed. eontplted with and abided br, then the entire
sum mentioned in said note, and this mortgage. or the entire balance unpaid thereon, ,hall forthwith or
thereof
ter. at the option of the mortgagee. become and 6e due and parabb, anything in said rwb or herrtrt
to the eorttr±ary notwithstanding. Failure by the mortgagee to exer+eise am of the rights or options herein
provided shall not rnnstitute a waiver of nnr rights or optioru under :aid note or this mortgage accred or
thereafter nccru[ng.
~n ~tneSS ibherrof, the said mortgagor has hereunto signed and sealed these pressnb the
day and rear f
irat above written.
reed, sealed and d 'erect in the presence o/:
_.~...A.. , L.S.
.l~X;..-- L.S.
Stanley M. Hu tileston, President
L.S.
L.S.
(CORPORATE sEAi.)
STATE OF FLORIDA,
~ COUNTY OF Margin -
I HEREBY CERTIFY that oa this day, bdore me, as
officer duly authorittd in the State aforeuid and in the County aforesaid to take acknowtedsmeats, personally appeared
S .Huddle on, President respectfully of C. A. T. Realty, Inc.,
~ a-Fiore corpora~~on
to me known to be the person dacnbed in and who executed the [oreSoinS instrument and ~ ackaovstedsed
~ before me that executed the same. . -
~ WITNESS my band and of[icia) seal is the County and State last aforesaid the day of
A. D. 1980
a
~~r
~ 24 ic~ ~ ~ My c ssion expires s .
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F ILEB AMB Pf Ci3Rlf 0 ~Ki s1A1~ ~ i ~ , ~ • ~ ~
ti ST.LUCIE CWNlY.fU. ~tIIES uu?R 3a ~ y
f ROGER POITRAS tp ~Mtsston ~ '
_ CLERK CiRC'rIT t.0t.'!tTp tttW ~ ~ ~"A"•+~
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