HomeMy WebLinkAbout0603and shall perjo~m, comply witl~ nnd abide by each and euery IRe agreements, stipulalions, concrtfions and
co~enanfs thereo(, and o/ Ihis mo-Igafle, t{~en thta morlpage and the estale here6y crealcd, s1~a!! cease, de-
termine and 6e null and void.
~ the mortgagor here6y f urlher covenanls a~d agrees to pay promplly when due fl~e principal ana
i~lerest nnd otl~er sums o~ inoney provicleil fo~ in said note and thts mortgage, o- eitl~e~; to pay all and
sinpular Ihe lnxes, assessments, levi~s, lia6ilities, o6ligations, ancl encumbrances ol every ~ature on said pro-
pe-ly; to permit, c~ommit or suj~er no wc~ste, impai~men! or deterioralion o~ said ~ana or Ihe improvements
thereon ~f any Iime; to ~rePp I/ie builclings now or f~ereaffer on said land (ully insu~ed in a surn of not lesa
~han full ~.nsurable value
in a company or companies accepla6le to 1he mortgagee, the policy or policies l0 6e held 6y. and paya6le
to, said mo~tgagee. and in the eoent any sum o/ money becom~s paya6le by uirlue oj such insurance the
mortgag~e shalt ha~~e the ri~ht to receii~e and apply thc~ same to Ihe indebtedness hereby secured, ac~cou~ling
!o t~-e morfgogor jor any siirplus; fo pay a~~ costs, charges, and expenses, i~c~uc~ing jawyer s~ees anc~ lit~e
searches, reasona6ly incurrec~ or pai~ 6y f{ic~ morfgagpe 6ecause o~ t~e jai~ure o~ f{~e morfgagor to prompt~y
anc~ ~ully comply u~ilti the agreements, stipu~ations, condifions ane~ covenants oj said nofe and -his mortgage.
or eil~er: fo perform, comp~y u~ifti and abide by each ancl evpry the agreemenls, slipu~alions, condilions and
ca~~enanfs set ~orlh in sai~ nofe and Itiis morf~{age or eiftier. ~n Ihe PI~PIII IRQ mo~tgagor ~ui~s to pay w~-en
due any tax, assessment, insurance premium or other sum oj money paya6le 6y virfue oJ said note and this
morfgage, or eiltier, Ihe morfgaqee may pay fhe same, witi~out waia~ing or o~~ecling fhe opfion fo ~orec~ose
or any olher rigl~t hereuncler, and all such paymenls shall 6ear inlerest (rom tlufe tl~ereo~ al the I~igl~est law-
~ul rate t{~Pn allou~e~~I by tl~~ 1au~s of t{~e SfafP o~ Florida.
ll any sum o~ money I~pr~in reJerrerl to be not pro:npl~y paid u~ifhin 15 days next a~fer
t{~e same becomPS c1u~. or ij ea~h an~I e~~ery fhe ag-eemenls, stipulations, condilions and covennnfs o~ said
note nnd ttiis mortgagp. or eilher, are not jully perJormed, complied with and a6~ded 6y, t1~en tl~e enfire
sum mentioned in s~id no1p, and Ihis mort~aJe, or 1he enlire balance unpaid thereon. Shall /ortluyith or
therea(ter, nt the option o~ tF-e morlgage~, become and 6e clue and pnyable, anylhing in said note or' herein
to the confrary nolwif{~stancring. Failu~e ~y tf~e morlgagee fo exercise any o! fhe rig~ts or options ~erein
pronic~e~ sl~all nnt consfifufe a waii~er oJ any rights or options uncler said note or this morlgoge occruec~ or
thereafter acc-uing.
, ~
~ (~.nRl~?R:~-«: ~n ~~tness ~hereof t~~e morlgagor {~as caused these presents to
I ~I::V_- be execuled in ifs name. and its corporate seal to be f~ereunto o))ixed. 6y ils
' prop~r oJ)icers t~ereunlo ~Iuly o~dhorize~l, thp day and year (i-st above curitten. ~
~ , ~ ~ i
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p nIPSP/ICP O~: ,f
H)''TI ' ~ '--'•"'- ~_ " ~CA1'__~.^!~'S_'.~"~.~.r•._....
-- - ------ ~- --.. ..-----~- Heinrich ~thal P~a~.~„
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ST.LUCIE tiGJ~~ Y ~t A. ~i~•. ~. ' F•.• =-
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FIDR~CIaA CIFRif CIP.CUPi CCCR» -. ~• . ••• ~;~' : ~`
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f liERFBY CFK7'IFY ~{~ut on ~6~: duy. ~6.r~ja~n~n,~.r. a7n~ ~oJ~~tr. duly owfw.~ud in ~{~e Sla/a and Counlr n/u..so:d a IuL. oc~rwu+l.dg.
menls. prrsww~IlY ai'I~rorr~j ~+~~ ViVJlY`~ii7['aa.t
urfl ~n.,u~n to mr to I,v Il~~ P~~++~~n1 md Secretary KN~~~~~r ~~~< <TMD~d~^ ~~d ~
mnlgago- in Ih~ ~orrgoing insUumrnt. un~~ f~af l~ey xnera~~y ac4nou~a.~gtd rzecutirp ltie same. in t~e Frtfrnce o! I~vo wds['-ibing w~lnrssef.
~rrr~v a~~ tro~unlanly uru~r uul~onlv .lu~y r~slrJ in Itiem ~> suiJ [n-porulion an~ Itiuf Itit sto~ a((ite~ ltiree/o is !~t Irue cnrporde fea~ o~
Soi~ tor~wrafion.
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