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HomeMy WebLinkAbout1725 and shall perform, comply with and abide 6y each and every the~.ogresmenls, sftpulatiora, conditions and covenants thereof, and of this moNgage, then fhl. mortgage and the estate hereby created, shall cease, de• terrine and 6e null and void. the mortgagor herby further cownanb and agrwa to pay promptly when due the prinNpal and interest and other suau of money provided jar in sold nob and this mortgage. or either; to pay all and singular the taxes, wsessenenb, levies, liabilitf.s, obltgaftons, and encumbrances of every nature on sold pro- peNy: to permit. commit ar suf jer no waste. lmpairneenf or d~terioratlon of sold land or the improvements thereon of nny time: to Iseep the buildings now or hsreajfer on said land fully insured in a sum of not less than its highest insurable value in a company or companies necepta6le to the morfgagw, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum o/ money becomes payable by virtue of such Insurance the mortgagee shall haw the .tght to receive and apply the same fo the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements. stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply with and abide 6y each and every the agreements, slipulnttons. conditions and eovenanb set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax. assessment, insurance premium or other sum of money payable 6y virtue o/ said note and this mortgage, or either, the mortgagee may pay the same, uiithout waiving or affecting the option fo foreclose or nny other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw- jul rate then allowed by the laws of the State of Florida. ` ~ fifteea l any sum of money herein referred fo be not promptly paid within days next after the same becomes due, or ij 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, shag f orthegith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or' herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the righa or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. (CORPORATF_ )n ~~NK.7c1 the mortgagor has caused these presents to SF-A[.) 6e executed in ifs name, and its corporate seal to be hereunto of f fixed, 6y fib ~ proper officer thereunto duly authorized, the day and year first above written. ~ ATTES'I':..._.--•--------------------------- C. T. Real , Inc. ~,n, i j igned, sealed and delivered in the resence oj: , - BY- - Of FroRinA . ~0!!!l~lJ Of Martin ~ f HEREBY CERTIFY flwe on flci: dad, be/on mr, an of/ictr ddr owlcorired in flee Seale ord Cour~t~ oJo~s~oid to lair «~nodedg- mew'' °efO°°ifr °vP`a~ed Stanley M. Hudeilestem t well Incocun fo me fo de ttie Pnsiden! ~ ie+Pecfiari7 0/ dce eospordion nonced ae S mortgagor in else /ongoing inslrumrnl. and flwe flk7r severollr «~tdged a:eculing Ilse some, in Ilse 6(ay f pnsenoe o/ /wo sui»ai wi/nrases. (.eel. and ooiunfarily urrler outlcorify ddy rested in 11ucw 6y said c»rpo.a/ion and etioe f?ce seal a//i,red fl~enfo t, lice e.w co.poaee ,so! o/ ~ said WffNESS mr tcnrd and of/itiot seal in the Counlr and Stole [ass o/onsaid flcis 3 ~ a/ April 4 A. D. Iq 80 ~Q65s ~ 4 AM 01 Sr~[s ~kr ~i c~lwi~e Y PUBLIC - _ _ ~ -~..ry`-~,.:: I LUC1E CGUM1'Y - ~3 , E^ ~ f«- MY SSION EXPIRES "~t ' ROGER f't)tTRAS ~ ~ ~ ° - ~ ' CLt.NH CIRCUIT C T _ ~ ~ ~ , r_ . v ~{Qgtfal? fit t,~ Y REC94;: V('rtrcrn IAAI ;p 19ti1 : ij ~ f, O.. G F ~ j i ~ Js~ .r ftf~fai 1r yti)aMllfit~ s, . ~`.i,•!~ !lr~~ brslrru~ic»~ prrparrif by: BA(~~k?J PAtiEE1 ~I!<.r•~ 1 r~i~rr'cc