HomeMy WebLinkAbout0549 - _ _ - - ~ - - - . - - +T-
and steal! perform, comply wily and abide 6y sack and every fke agt~ments, sttpulnttons, eondtftons and
covenants thereof, and of this mortgage, tj~en this mortgage and the estate hereby created, shall cease, de-
termine and be null and void. "
7illit~ the nwrtgagor hereby further couenan4 and agues to pay promptly when dw the principal and
interest and other sums of money provided for in said note and tkta mortgage, or either: to pay aU and
singular the faxes, assessments, levies, liabilities. obligations, and encumbrances of every nature on said pro-
perty; to permit, eommif or suffer no waste, impairment or deteriorofion of said land or the improvements
thereon at any time: to Iteep the buildings now or hereafter on :aid land /idly insured in a sum of not less
than N/A
in a company or coufpn?ties acceptable to the mortgagee, the policy or policies to be held 6y, and pnya6le
fo, said mortgagee. and in the euenf any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the riglht to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for uny surplus: to pay all costs, charges. and expenses, including lawyeri fees and title
searches, reasonably incurred or paid by the mortgagee because of the /ailure of the mortgagor to promptly
and jolly comply with-the agreements, stipulations. rnndifiotu and covenants of said note and this morfgnge,
or either: to perform, rnmply 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 euenf the mortgagor jaib 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 wntving or of
jecttng the option to /orecbse
or any other right hereunder, and all such pnymenfs shall 6enr interest from date thereof of the highest 1nw-
jul mte then allowed 6y the Laws of the State of Florida
~l any sum of money herein referred to 6e not promptly paid within thirty drys next after
the same becomes due. or ij each and every the agreements, atipulntions, conditions and covenants of said
note and this mortgage, or either, are not fully perjornted, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, ahaU forthwith or
thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failwe 6y the mortgagee to exercise any of the rights or options herein
provided shall not eonstifute a waiver o/ any rights or options under said note or this mortgage accrued or
thereafter accruing. -
(CORPORATE. In ~~uK.ll ~~l the mortgagor has caused these presents to
SEAL) be executed in its name, and ifs corporate seal fo 6e hereunto njjixed, 6y its
~ proper of
f icers thereunto duly authorized, the day and year fief above written. }
1
ATTEST----------------------------------------- - .--LAUREL BUILDERS, INC.
$errrlary
~ Signed, sealed and delivered in flte presence oj: ~ ~
Y----------------------------------------- -----------........._..--P ~
wi s-
--r._.~~ . - .-....a?~,o~ 49"x'092 ~
witness
s
22 PK i2 O7
iflEO I~KC FECOdpfO
SLLUCIE CgIt11Y.fLA.
?t,'.~~e,. ` ROGER POfTRAS
~LAic Of FLORIDA CLERK CtRCWT COL T/J
~Oliltty OL INDIAN RIVER RECORD ~'ERIFtfO__- 1"
1 HEREBY CERTIF7 thof on dos day, drlon me. an officer ddy aufhoriud in the Slots acct County a/areadd b taLr ac~rwndedg-
menlr, pe.saally `d PETER G. ROBiNSON
[ uvll Imow? fo me fo be the President and rrspMioely of the onryo.at:on awned or
mo?lgogo? in thr tangoing ins!?umrnl. or,t? lhof they sraerolly orlvsou~ledged executing the some, in the pnsena o/ fmo suhscsibing wtnesses.
(.eely and ooluntorily under outha+ity ddy ursted in Item 6y sard cnrporotion arsd shot the ,rot o//fixed f6e~rfo is f/~e en.e oorpoeole sed o/
sold corporation.
W!1'NESS my hand ausd al/iad seal in the County arsd Stole Iasi aloresoid This 14th dry o/ August
A. D- t9 80.
t
`~wT. ~y. Jai :r,.
4 y i
!r ~ NOTARY PUBLIC
_ ~s . =
t ~ t4y Co»ission Expires:
r NU C
,y.,.
~5'~ ~ -
~ ~Cf?~a. r1~ir~,i prepared by: oR
Ad rar Bt)~K~7 PAGE ~9
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