HomeMy WebLinkAbout0033 and shall perform, comply with and abide 6y Pach and every the agreements, stipulations, conditions and
covenants thereof, and of this ?morfgagP, f11Pn Ibis mortgage and Ihl> estate hereby cre•afa•tl, shall cease, de-
termine and be null and Iroitl.
~ end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
i?Iteresl and other sums of money provided for in said note and this mortgage, or Puller: to pay all and
i sinrytllar the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
! pPrly; fo permit, commit or suf
jPr no waste, impairmen! or deterioration of soil land or the impronemenls
thereon at any limp: to IrPPp fhP 6uildinys now or hereafter on said land fully insured in a sum of not IPSS
than N/A
in a company or companies acceptable to IIIP mortgagee, the policy or policies fo I,P IIPId I,y, and payable
~ fo, said mortgagee, and in the Pvenf any sum of money becomes p<rya61P by virtue of such insurance the
mortgagee shall have the right to receive and apply f11P same to the indebtedness hereby secured, accounting
fo the mortgagor for any st/rpltu: to pay all costs, charges, and P.rpenses, including latuyer•s fees and title
searches, reasonably irtcurrPd or paid Try the mortgagee because of Ille (allure of the mortgagor fo promptly
and fully comply urifh the agreements, stipulations, ronditions and covenants of said note and this morfgagP.
or either; to perform, comply with and abide E,y Pack and every the agreements. stipulations, conditions and
covenants set forth in said note and Ibis morfgoge or Pilher. In the PvPrlt the mortgagor jails to pay when
due any lax, assessment, insurance premium or other sum of money payable 6y virtue of said note and Ibis
morfgagP, or either, the mortgagoP may pay the same, euilhout waiving or affecting the option to foreclose
or any of11P? right hereundt•r, and all such payments shall bear interes! from date thereof al the highest Iaw-
ftll rate IhPR gllOUrPtI by f11P lalRS Of the Sfafe of hlorida.
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IIIIII ~l any sum uj money herein rPferrPrl fo be not pru:nptly paid within thirty days next offer
I the same becomes due, or iJ Pach arld every f{le agreements, stipulations, conditions and covenants of said
note and this morfgagP, or Pifher, are no! fully performed, complied with and abided by, then the entire
} sum mentioned in said note, and this morfgagP, or the entire balance unpaid thereon, shall jorlhayith or
thereof ter, al the option of the mortgagPP, bernmP and 6e due and payable, anything in said note or' hen•in
fo lIle contrary notwithstanding. failure by the mortgagee to exercise any of the rights or options herein !
provided shall not constitute a uraiver of arty rights or options under said Hole or Ibis mortgage accrued or
Thereafter accruiny. - '
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(CORPnR:1Tf= ~n witness ~hereoE IhP mortyagor has caused These presents to
tit:Al-J bP PXPCI1fPd in its name, and its corporate seal to be hereunto affixed, by its
t. proper of
f leers thereunto duly attfhorized, the day and year first above written.
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f :~ITEST:-._ -LAUREL. BUILDERS-,...INC.
$r-crclary
j ( ~1 SPQ IPd and (lP ~IrP?Pd Irl fhP prPSPn('P of
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~GN- Prrsidrnt
tnes~ SU~1~
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w Hess
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~!~Ate (4t FLORIDA ~
I #;Q~~ Q~ INDIAN RIVER
~ 1 ffF_RF.BY CERTIFY l/wt on this doy. dr(orr me, on a(~rcer duly aultuxised in Ile Slate and County alansoid to fa4t ac
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rnrnls, prrsorwlly approrr,l
PETER G. ROBINSON, President, Laurel Builders, Inc.
It Il 4nown to mr to tr ltrr Prrsidrnt and n root
r av lrXCl y OI lte oorporalion nor,ard as
' morlgogor in !ht ~arrgang insUumrnl. and tlral lt~ry xvrralty ac4nouardged rseevliryt Ilre samy in ft~e presence oI iu•o sudsesiding ailnrssrs.
I~ rolunfmil urulrr aultwnt dul • rvslid in Ilrrm G sad cvr
I I ~rrrt y and a Y Y Y y porulion and Ural It,e scot ollised It,rre/o is Ile true eo?porde scat of
{I sad carpwatiw,. 1-
III} wrrvt:sti my tranrt and o(~iciot scot in llK Count' ar,d Stale tact aloresad this ~ doy of (~-~Z~~'
it A. D. r90~-' ~;,,,,,,.~,rr,,.,, -
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jl 3 ~ J a~OTARY PUBLIC -
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• 1 ~ tHy Commission Expires
~ 5"~ !•ATRlCU1 L NEtJ
Notftel? rNblk litat~ of Florida at L~
I !%is hu/maf~u! prrprrrril ht': IMpCarwntwtxt~«.IurMld.1sa81
i ,~l>•l~RU - ~~"x 343 p~~E 33
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