HomeMy WebLinkAbout0553 and shall perform, comply with and abide 6y sack and every the agreements, stipulation:, conditions and
rnuennnts thereof, and of this mortgage, then this moNgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal nail
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the faxes, assessments, levies, Itabilifies, obligntiotu, and encumbrances of every nattu+e on said pro-
perty: to permit. commit or suffer no waste. impairment or deterioration of said Land or the improvements
(hereon at any time: fo keep the buildings now or hereafter on said bail jolly insured to a sum of not less
than -N/A
in a corr.+wny or companies acceptable to the mortgagee, the policy or policies fo be held by, and payable
to, said mortgagee, and in the event any sum of 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, 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 jailtu+e of the mortgagor to promptly ;
and jolly 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, stipulations. rnnditions and
covenants set f
orfh in said note and this mortgage or either. In the event the mortgagor jails fo 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
or any other right hereunder, and all such payments shall bear interest Jrom date thereof nt the highest Inw-
jul rate then allowed 6y the laws of the State of Florida.
~t arty sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or ij each and every flee agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
stun 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, anyfhirig in said note. or herein
to the conlmry notwithstanding. Failure by 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. -
i
t
s
r
(C0RPOR.ITF_ ;n ~ttntSS ~~Ql the mortgagor has caused these presents fo
SEA(.) I,e executed in its name, and its corporate sent to 6e hereunto affixed. by its
~ ~ proper of
Jicers thereunto duly authorized, the day and year f
first above written.
~ S,rrdary F
Signed, sealed and delivered in the presence oj_ ~ ' _
~ ~ -
J '
, ` President '
witne 49094
tness
- '~80 A~tS ~2 Pii 2 -
12.3
I r tic Win! a
5~_lilCtF t`DUNTY.FI A.
~~ttt Q~ FLORIDA ~ ~ t'OfTRas ~
QERKClRCUIT COURTv ,
Ql INDIAN RIVER 1 QECORi? ~'Cnlfl! t1-_ L
~ 1 HEREBY CERTIFY Ihal on (his day. hr/on mr. on o/licer duty authorised in thrlSlole and County olonsaid to ta4e «b~onrtsdg-
meMs. pen«,dty oppea?e.l PETER G. ROBIN$ON
well known l01 me to tx the Pnsidenl and napecliorlr o/ the carPorolan named a
I
mortgagor in the foregoing inslrumenl. and (hot (hey sererolly «le?,ourledged a:ecuting the some, in the presence of Iwo sulaaitri„g suilnesses.
1 (rely and swtunlarily under authority duly rested in (hem by said cnrporalion aril thot the scot o//iced Ihenlo B the (rue cwporale scot of
a
said cwporalion.
W~l'NESS my hand and of/iciest xal in the County and Slots last aJ«esoid (his 14th ~r August
A. I9 80
d - •i'~~
c~_• , - NOTARY PUBLI
~L U : J _ ~t+ry Pt161Ic• Step of Florid: at
J :~Z Q : ; ~~«C°.m+nAr:sion E~cpres April 9, 1983 3
f, • v Co+o.+.
~ ~'L
%is huln~nrtnl P'c'P'a'r~ by:
Ad~lmu 6~OK t~~ p~ ~•3
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