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HomeMy WebLinkAbout0029 j and shall perform, comply urifh and abide by each and every the agreements, stipulations, conditions nnrl covenants Ihereoj, and of this mo?fgage. Ihen Ibis mortgage and IhP estate hereby crrafed, shall cease. dP termine and 6e null and void. Ili1~~ the mortgagor hereby f urtller covenants and agrees to pay promptly urllen due the principal and interest and other sums of money provided for in said note and this mortgage, or Puller; fo pay all and ~ sirlgttlar Ilse faxes, assessments, l!'t'it>S. liabilities, obligations, and encumbrances of every ?lattrre on said pro- ~ perfy; to permit, commit or suf jet no waste, impairmen! or deterioration of said land or the improvements fhernun of any limp: to ItPep the buildings now or hereafter on said lmtd fully insured in a sum of not lPSi than N/A j in a company or companies accPptnble fo the mortgagee, the policy or policies to bP held by, and payable fo, said morfgageP, and in the PvPnt any sum of money becomes payable by virtue of slob insurance the mortgagee shall have the right to receive and apply the same to the irldPbtedness hereby secured, accounting to 1hP mortgagor for any surplus; fo pay all costs, charges, and expenses, including lawyers fees and lisle 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 morfgagP, or either; to perform, comply with and abide by Pach and eupry the agreements, stipulations, conditions and 11 covenants set forth in said note and this morfgagP or either. In fhP PvPnt the mortgagor jails to pny when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this morfgagP, or either, flee morfgageP may pay the same, without waiving or of jecfing Ilse option to foreclose or any other right hereunder, and all such payments Shall bear interest from tlafP thereof at the highest Law- ful rate then allourPd by the laws of fhP Staff of Florida- ~ ` any sum of money herein referred to be not pro:npfly paid within days next after thirty the same becomes dlre, or ij Poch and every the agreements, stipulations, conditions and covenants of said note and this morfgagP, or either, are not Jrrlly performed, complied with and abicled by, then the entire j ~ sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorfhlgifh or lhereajtPr, at the option of the morfgageP, become and 6e due and payable, anything in said note or'herein 1 fo the contrary noltuifhstarlding. failure by file mortgagee to exercise any of the riyhfs or options herein r i provided shall not constitute a waiver of any rights or options u?Ider said note or this mortgage accrued or Ij thereafter accruing. ii~ i • ~ ~n ~d~tness whereof the mart a. or p (COR?aOR:1TF g ry as caused these resents to ' ~f:AL) 6P executed in its name, and its corporate seal to be hereunto of fixed, by its proper of jicers thereunto duly authorized, fhP day and year firs! above.written. ~ _ i~ , II LAUREL BUILDERS INC. ~ ATTEST:- - i j; _ _ _ - - Srcretary - SI Sealed and delivered i11 fI1P presence oj: f n ~ . ' ) r jl.S'7.. . - l;y...---~ r~ ~ 'dritne~~; - 1 ~ c Presirknt X JrV~ isr ! - -t~---- - - - 1 ~ ~ I~ ~Jitness J - ~ •r- ~ - !i i j' ' ~~te Ol FLORIDA J ~ ~OUltty Q~ INDYAN RIVER r' ~ ~ Y - I~ 1 HERF.[3Y CERTIFY twat on Irris doy. bt~orr me. an olJicer duly outrraired in the State and County aloresoid to tarn «bwa~redg- mrn/a. personally ar'Pearrd PETER G. ROBINSON, President, Laurel Builders, Inc. ~ ~1 EI arts rrnown to me to r>e trrc President and nspediraely of t1~e corporation .rar.red as ti rraorlgrago? in Irv ~rXe9«n9 irrslnrrrvnl. and Irro~ Irrey ser~rrarly ocrrrruu~fedged eaeculrraq Irre ximr, in Irre presence o{ taro subaraiding rsRlnrasrf. ~ d nrl~r outrrority dal rented in trvm 1. said cot reelr and . rrrrlanly u Y Y potation orrd twat lire seal allised lrrenlo is lrv tare tv+pwole star oI ii aa:d rorporalion. wR1tr:SS my Irarur and o~(irol seat in t?re County and state loaf a/oreaoid trria Sr day oI ~ n. 19 ~O ,.NIIM.•,:. a~;., - - - ~ ' . ~ NOTARY PUBLIC , <.vMy Cotunission Expires :tic . ' 'Y1 %ri_t Lfunnn~~rl picpamrl hy: UR ~ t~ i Atlt/rtts ~ BrMx 34+, P»I;f ~ Co"""`''°" ~i"'~;» a ' ~ _ ~ _ - _ -