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HomeMy WebLinkAbout0957 1 and s~n1i perJorm, comply with and abide by ench and euery tlte agreements, rlipulalions, conditions onc~ rouenants tf~enw/, and o/ fhis mnrtgcge, then thts'ntortgage and the estafe {?areby creoted, ahnl! ceme. de- , tertnine und be nu11 and void. ~ ~ t~ie mortgagor hereby ~urfher covenanls and pg?ees to pay prompt~y when dt~e the principal and interest anc~ other sum~ o( money prouidec~ ~or In aald sote ar~d thta niortgage, or eif{~er; fo pny a~~ nnd s;ngular !he ta.rei, cuaessmenta, let~ies, liabilitie:, o6ligntions, and encumbra~ice~ oj euery nnlure on said pro- perty; to permif, eorrtmit or su~fer no cuasfe, impairment or deteriarntion oj aaid land or f{~e improvemenfs I thereon at any tirne: to 14eep the 6uildings now or F?ereaf ter on aaid Iantl (ully insured in a sum o~ not leaa than highest insurable value in n compnny or compnnies acceptable to the morlgngee, the policy or p~olicies to be {~etd 6y, ond payable to, saic~ mortgagee, and Ir. fhe even! nny sum o~ money becomes ~yob[~ 6y vtrtue of suc~i insurance f~e mortgagee shall F?ave Ihe rig{~t to receive and npply t1~e same to tF~e inde6tedness hereby secured, accounting to i1~e mortgago~ (or any swp~us; to pay nj~ costs, charges, nncl expenses, incjucling ~aurqe~~s ~ees oncl tif~e searcl?es, reasona6ly incw~ed or pnid by the mortgagee because oj the /ailure o/ the rreorlgagor to promptJy and /u~Iy comply u~ili~ the agreements, stipulations, conclitions anc~ couennnts o) said nole and this mortgage, or either; to per~orrn, comply with and abide by eac~ and every tbe ngreements, stipulalions, c~onditioru and conenanfs set ~ort/~ ire snic~ note anc~ l~is morfgage or eifher. ~n t{~e event !he mortgagor ~ails to pay w~en due any fax, assessment, Insurance premium or other sum o~ rnoney paya6le 6y virtue oJ saic~ note nnd fhis mortgage. or eit~er, ihe morlgagee mny pay the sume, wil~out wniving or aJ(ecting the option to ~orec~ose or any other rigf~t {?ereunder, and nll sucft pnyments shall bear inferest (rom date ti?ereo/ at t~ie I~ig1?est Inw- (ul rate then allowed by ~he laws oJ 1hR State o/ Florida. )i any sum o~ money herein reJerre~ fo be not pro:nptly paid u~ithin thirty days next afte~ the same 6ecomes due, or iJ each and euery tl~e agreements, stipulaliona, conditions nnd couenants o( said note and this mo~tgage, or either, are not fully performed, complied witF? and a6~ded by, then the entire sum mentioned in said note, and this mortgage, or the entirE 6alance unpaid thereon, s~all /ortluvith or therea/te~, at t{?e option oJ the morlgagee, become and 6e due and payable, nnything in said note or herein to tf~e contrury notwit~standing. Fai~ure by fF~e mortgagee to exercise any o~ the rig/~ts or options ~eerein provic~ed s~a~~ nof conslilule a wniver o~ any rights or options under said note o~ t~is rnortgage accruecl or i~erQpjler accruing. C h ' . ~ • . r ~ , ~ , . . I ` (CORF'OR:1TF ~n ~~tness ~here~f the mortgagor has cnused these presents to J , 1 ' ~ SF_A[ ) be executed in its nnme, arrd its corporale sea~ to be her¢unto a~~ixetl, by its ' . proper o~~ice~s thereunto cluly nuthorizecl, t~e day ared year first aboue written. ~ ~ ~ ~ ATTEST:-• WYNN ..UI. - - I G~--CORPORATION..... ~ i~ - ~ Sccrcrary Signed, sealec~ and det~vered in tlie prpsence o(: ~ _ ' .---u~.-.-~--'.---`~'~-`~~.-~~Q~N!,,.~,~,,-t~d..__ .~.~t - - , i ~ i ~ 1 j ~~t~ Q~ FLORIDA ~ ~Q~j~ ST. LUCIE i ( HERF.BY CERTIFI' t6a( on tl~ia day. brJorr mr, an o//i«r dufy autluvired in tlu Stnte and County a(onwid to tn4e oclmou~[edg- I ~ ~~:s, ve.,o,aJly ap~~eJ ~eeL 1~ 1y~i?~A~, /~ite~~. f u~ell ~rnoum to me to 6c ~nr f`j ` Presidrnt ~i respeclioely of t~e cnrpwution nnmed oi I mort~agor in !ke ~crepoing instrumrnl. and 1{~al lhey xvero~~y nc~enou~edgec~ tzecullng !~e snme. in Ine preaence o~ tuw w6uribing uritnesus. ~ (ret~y and [roluntari~y un~er aulhwily du~y c*esied in l4em by wid corpora/ion and t~ot !{~e sta~ affized t~ehto is t~e I~ut corpo?o!e ita~ o~ . 1 said corpcvalioet. . ~ ~ : ~ t:: : . wrr:~ESS my t~.,d a~~~~ o~),ri~t xat ~n ~r~ C«~~y ~,a s«~ [~.r o~«x,~d ~a~, 3 0 t h day p/ May ~ • ' A. D. i9 86 . ~ ~ I' • ti - " "14'i3'75i8 , _ . _ ~ ~ _ - - i NOTARY PUELIC, State of ;Flozida f ,~V -3 P 3 y CommarExp ires : /d .L~ . fi~_;; - ROGE:~ _ , T LUCIF : - Q 7%rrs Iru~n~mcnt prcpared ~y: ~ U R 502 PACE ~7~~ :4<~rlrfss ~O~x I ; ~ . _ _ . r . _ _ ~ ~ : .