HomeMy WebLinkAbout0537 and shalt perform, comply with arsd abido 6y sack and Ivory the agreements, sfipulatioru, eondtlions and
covenant: thereof, and of this mortgage, then this mortgage and tho estate keroby created, shall cease, de-
termine and bo null and void.
the mortgagor heroby further eouenants and agroos to pay promptly when duo the pNncipal and
inferost and other Jams of money provided jor in said note and this mortgage, or e!lhor; to pay all and
singular the taxes, nssessmenta, levies, ltabiltttes, vvli$ations. and ancusrsbrancas of every nature on said pro-
perty: fo permit. rnmmif or suffer no waste. impatrmont or deferiorotton of :aid land or the improvements
thereon at any time: to keep the buildings now or hereafter on sold land jolly insured to a sum of not less
than p/A
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the even! any sum of money 6eeomea payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness heroby secured. nccounftng
to the mortgagor jor any surplus; to pay all costs, charges, and expenses, Including lawyers /ees and !tile
searches, reasonably incurred or paid by the mortgagee because of the foiluro of the mortgagor to promptly
and jolly comply with -the agreements, stipulations, conditions and cor.•enants of said Hate 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. In the event the mortgagor faib to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without wnivtng or of
f
ecttrlg the option . to jorecbs`
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law-
ful rate then allowed 6y the laws of the State of Florida.
~l any sum of money herein referred fo be not pro:nplly paid wifhtn thirty days noxt after
the same becomes due, or if each and every the agreements. stipulations. conditions and covenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the enfiro
sum mentioned in said note, and this mortgage, or the entire babnce unpaid theroon, shall jorthu~ith or
lhereafler, 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 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
thereafter accruing.
(CORPORATE in ~t~~SS the mortgagor has caused these presents to
I SEAL) be executed in its name. and ifs corporate seal to 6e hereunto of
Jixed. by its
proper of
jicers thereunto duly authorized, the day and year first above written.
1~
ATTEST-------------------------------------------------------------------------- LAUREL- BUILDERS,---INC.------------------------•----...---
Snrcla.Y
l Signed, sealed and delivered in the presence oj:
/ _ _ -
-
- - Presideeet
i wi' e
j - ----.~~2!!~~145~t......- - ----GiC:6~d!...- -
tness
I
FLORIDA
~'Q~~ INDIAN RIVER
j 1 HEREBY CERTIFY that on Ibis daY. be%re sees, an of/tcer ddY uut/writtd to lle Stole o~d Couru~ o(onaoid w later ucivwrrledy- t
meals. penoeeollr appeared PETER G. ROBIN$ON i
re•rll lrnoenre to mr ro 6e flee Pnsidenl and eYSpedioelr of flee cwpoealian reareeed a
mart in the ar ir?strumrnl. and that flee seared! oduwarle
tra9a j roan9 Y Y deed a:eculinp lice same, in lice pnaenne o/ teuo subierlbiree ed/nessrs,
IreelY and etolunlarilY wade. authority duly reeled in them 6Y said oorporalion and lba/ !be ,rat allued lbereeo is !tee leers co.pwole sed of
said corporolion. .
Wr/NE.SS mY band and of/idol sed in the CoernlY and Slate lair! o(onsaid this 14th dal a/ August
a ~ A. D. 19 $Q:
l
, ~ !950 p.U~ 22 ~ i1= 53- - ..~''Q..... .
~ G Try ~ t- ~ • NOTARY PUBLIC
.z. .
• ,J >t~. F11E0 ~N[' f~ COROFU 11r•stp ~i~Mit, Stale of ~
Ali ST.LUCIE000NfY.f``A. j
A~ ~ ; t~ . ROGER POITRAS ~ ~P~s 3pri 9, 1963 }
,~i~~~. K.
~ ~ ; - - CLERK CIRCUi~ CU~t~s"~ b i?.«lr.. ?r. a cwrr c.,.M„r -
(
.,,.,~~p~-.. RECrP.n Rsr[ n-
lirar~ prepared by:
ndanxr ° 8rx~ e~e3~ p~
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