HomeMy WebLinkAbout0994 24. Murtg~gur rcprcunt+ arx! vvarrant~ that if a corpurruun. ~t ~s duly ~xgan~~ed arxl validly~ rxi~ting, ~n gouci
stand~ng urxler thc laws of ttx state of its ~ncorpnrauon, has st~xk outstanciing wh~eh ha~ been duly and validly ~»ued,
anJ i+ yualifird lu do bus~nes~ and ~s in gaxl slanding ~n the Statr a! Flurida, w•hh full power arxl autlwnty to contum-
matr the loan romtemplatcd hereby; and, if a pannersh~p, il is duly fornxd and validly exisling, and ~s (ully qualificd to
du bu~iness in the S~ate of Florida; with full power aixi authority to comummate the loan contemplat~d hrreby. •
?S. In the event any une or more uf the pruvisiuns conta~ned in this Mortgage ~ m the Nc~te shall for any rea-
~un tx heW to be ~nvalid, ~Ilrgal or unenforceabie in any respect, ~uch inval~dity, illegai~ry or unenforceabilhy ~hall, at
~he opt~on uf the hlongagee, not affect any other provisiuns of this Mo~tgage, but thi~ Mortg-age shall be conslrued as ~f
~uch imalid, ~Ilega! ur unen(orceablr provision had never been rontained herein cx there~n. The taal intcre~l payablr
pur~u:~nt to the Note or this Mortgage shafl not in any one year excred the highest lawful rate uf interest permitted in the
State uf Flurida
26 Thr covenant~ and agreemcnt~ herrin contained shatl binci and the benefits end advantages shall ~nure to
the respective heirs, executors, administraturs, sucreswrs, arxi as~igns of the parties Fxrcto. Whercver used, ~he singu-
lar number shall include the plural, the plural the si~gular, and the use o( any gender shall tx applicabk to all genders. All
co~•enants, agrecments and undcrtakmgs shall be jam and xveral. !n the event additional numberai covenants or paragraphs
are for conv~niena insertod in tha Mortgage, such additional covenants shal! be rcad and given tffect as though folbwing th~s
covenant in constcuuve otder. .
IN WITNESS WHEREOF, Mottgagor tas duly ezecuted this Mortgage as of ~he date first above wntten.
THIS IS A BALI.OON MORTGAiGE AND Tt~ FINAL PRINCIPAL PAY[~i+iT OR TEIE PRINCIP~G
BAL~NCE WE (JPOII !~l~ZVRITY IS 5113,853.96 TOGETHER WITH ~CQtU~ INTBRE3T~.'; ' i,,"~ .
I F ANY , AAD AI.I, ADNaNCBi~ITS !"RD~ BY THE MORZ~GA~GEE [A~DER ~ TERI~iS bF' ~?!iI S'°~ '
MOR'PC'~AGE. - , . " . ~ . .
9U5801 . ' ~ ~
26_ _Q~_:4 Indian River Area Propertigs nc.
- 7a~k~a Ira L. f loyd
~ . . ~ ~%~'~i3~'~~L
F1Lr : . ~ ~ ,
ATTEST: DOUv' BY l-_ -.,I~SJ~S~-
r~q
• As its _
~i
ICURPORATE SEALI R~~ s o~~0. ~ ~ pay~r?ent OI Taxes
~ Due On Class "C' lntangible Personal Property,
' Pursuard To Chap~er 71, 134, Acts Of 1971.
STATE OF FLORtDA ~ DOUGIAS D1XON,
" 1 SS: Uerk Circu~~ Court, St. tucis, Co., F1a~,:~'
COUNTY OF Gu•t~R- ?
The forego~ng in,wmenl wa~ ackncswkdgcd before me thii ~sth day of . 19 ~J by
E
~
~ °•c ~ , _
~NUTARIALSEAI.) ~T~IKA ' ~L.~ ~y~. _
~ • Notary Publ~c
Pf Rf 1 RA
; ti ~
o,
~ ~ • My comm~sti~on cxpircs:
M1? CO?M E Xi` ' • 39
STATE OF F1.ORIDA ?
) SS:
COUNTYOF St . Luc i e ?
The fcxego~ng inj~rument was acknowledgcd tufort me this _ 25th d.y of ~U i Y ' II
i9 88 , by Ira Floyd ! President _ '
< and Cheryl P. Floyd, aso ice Presidentin~ian River Area p~oper~ties, Inc. Florida o r
~ ~ .
~ on behalf of the ccxporat~an. _
~ ~ CATM I NA '
Public s PERf IRA `
~d ~~~r `a~~r~s ~a a~bN~"ry'
INO?I~RIALSEAL? tl ~~~~i°~ Mycommis~wnexpircs
~ 600K tJV~ PRCE %]94' ~ ~ EXP' SEPT 30.143:
. _
~F~- - - -
~ ,'s'~. -"~_'"+~~'7[~'~. ~!~`Ui"~ _ _ . . _ -
~