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and shall perform, comply with and abide by each and every fhs agre•menta, stipulations, conditions and
covenants /hereof, and o/ this mortgage. then this mortgage and the estate hereby created, :hall cease, de-
termine and be null and void.
fhs mortgagor hereby /urther covenants and agrees to pay promptly when due the principal and
interest .and other soma of money provided /or in said note and this mortgage, a Nther; fo pay all and
singular the taxes, assessments. levies. liabilities, obligations, and encumbrances of every nature on sold pro-
perty; to permit. rnmmit or suffer no waste. impairment or deterioration of said land or the improvements
thereon of any time; to lease the buildings now or hares/tar on said land /ully insured in a sum o/ not Iesa
than the full insurable value,
in a company a companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the even! any ,aura o/ money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, acrnunting
to the mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagees bemuse of the /allure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor fails 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 mortgagee may pay the same, without waiving or affecting the option to foreclose
I ar any other right hereunder, and all such payments shall bear interes! from date thereof at the highest Iaw-
~ Jul rate then aUoured by the laws of the State of Florida.
~l any sum of money herein referred to be no! pro:npfly paid within days next after
~ the same becomes due, or if each and. every the agreenlenb, 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 due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exerrtse any of the rights or optioru herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
i
ii ~ • ''rn
- ``M~c
~ -A COI~RATE ~n ~~NKs1,7 the mortgagor has caused these presents to
i
- SE3C1 be executed in ifs name, and ifs corporate seal to be hereunto of
fixed, by its
- ~ ? ' • j' - p officers thereunto duly authorized, the day and year first above written.
ENNIS H. b~ DONALD C. PROCTOR CON-
~ --~A-f~iF~..S7
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•Oa roctor se..elar. STRUCTION COMPANY
Si need, ed a d 'ver m the ~
i g preserve of:
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- Ennis H . roctor ,
r ~ p - _49524'7
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As to cor orate o icers
19€~ -6 ~ ~ 25
~ Flt£4 eta ~COp010
Si.lUC1E ~p~tY.Ft A. 1
?A`w O~ FOGER PWTRAS
E i!!' LAiC FLORIDA cl.t=ttK ctssccutz ccuatp t
k 1 HEREBY CF.fiTIFY 1tw1 on this dad. before nr, an of/leer du1~ oul/,oriaed in Ile Stole and Coanly aforesaid to IoL. artmou~ledg- `
arses. perforwity opprared ENNIS H . PROCTOR and GAY M , PROCTOR
i ~i writ Lrwa+r fo nr fo be the President ono Secretary nsrrelirriy of tlr corporalian r,a^,e.t as
r '
marigagor :n t{,r foregoing inalni^rnf. and lbal Ibey senr?otty arbar~edgrd erecul:ng l/r :oar- :n Itr presenn of loo subscribi
e ~ ng Y~IMSNf. .
-r (reeir and s•oiunlorily under oull,wily dafjr nested in Hem ~ said ca?pural:on and Ibal Itr srd ollired lure/o is fir true corporate sort ^f e
sold corporation. -
Ii
~ ~Vff.\F_CS m~ Iwrd and offiriai seol in tlr Coun1~ and SIo1e toff afonrwid this dal of AUgl1St
n. to $0.
_
.
- ----T ---~~--r•-----
•.`-Notary Public. State of Florida at
- -Large. My Com®nission Expires:
- ~ - - Notary Public State of Florida at large
I7iis I,unumcat pnpard by: Samuel ~A'.~ Block, Esq.
Alldrss 2140 10th Avenue
Vero Beach, Florida 32960 ~jR P~ ~FJV
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