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12. That, in order more fi~lly to protect the security of thie mortgage, tha '
mortgagor, . oogether with, and in addition to, the monthly payments wnd~er tha oerms o~ the j
note secured hereby, on the first day of each month until the eaid note ie fully paid, and ~
in addition to the provisione hereinbefore made, will pay m die mortgagee the followiag sums:
(a) ' A aumf'equal ~o th~ premiuYns that will next become due and payable on policiee
of fire and other hazard insurance oovering the mortgaged property, plus taxes and assess- ~
menta next due on the mortgaged property (all ae eetimaoed by the mortgagee) less all sums ~
already paid therefor divided by the number of monthe to elapse before one inonth prior to ~
the date when auch premiums, taxes and assessments will become due. - `
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ents mentioned in th~ re subsection of ti~is ara a h and all ~
(b) All payin -p cedin8 P ~ P ~
paymenta to be made under the note secured hereby ahall be added together and the aggregate k
amount thereof shall be paid by the mortgagor each month in a single payment d~~e upon the ~
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first of each and every month hereafter. ~ . .
~ Any deficiency in the amount of such aggregate monthly payment ehall, unless made good by
~ ~ the mortgagor within thirty (30) days next after the same becomes due and payable,
! conatitutie an event of default under this ma~tg~ge. ~
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13. If, however, the monthly paymenta made by the mortgagor under (a) of
paragraph 12 preceding ahall not be sufficient t~o pay tanes and asseseraente and insurance
premiums, as the case may be, when the same shall become due and payable, then the ~ .t:
mortgagor shall pay to die mortgagee any amourn necessary to malce up the deficiency,
on or before the date when payment of such taxes, aeseasments or ineurance premiums ~L
shall be due. ' =
IA1 WITNESS WHEREOF, the said mortgagor hae hereunto set his hand and seal `
d~e day and year first aforesaid. . ~
Signed, sealed and delivered .
in the esence of: . ' ~ ~
a ~Q~ .c,e.. ~ a.-~ ol.a~ . / (SEAL) -
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~ / ~ ~ _ , ? `~c ? ~ ~ ~~1s~~... (SEAL) ,
STATE OF FLORIDA ,
COUNTY OF IIVDIAN RIVER ' .
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Before me personallY aPP~ed LOUL~ W. ~LaCLAIR and Rt7Z~I P. LaCLAIR, his
wife, to me well known and known m me to be the individuals described in and who executed
the foregoing instrument, and acknawledged before me that they executed the same for t~e g;
purposes thereia expressed. ~ •
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...,.....W~,TNESS my hand and official seal this ~day of July, A. D. 1964. _
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~.'r`.- ; ~ D My commissivn expires: ,~Pl~ /6 / 96 ~ . ~
~ `~c~~io~?`i~ EC ~OOK -
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~ • 1964 .~1. -9 PM 2: 54 ~ . . - .
-r-~.': : .ROGER POITRAS. CICRR .
~ ' ' ~ IUCiE COUNt'~ , f LORID A ~ ~ -
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r : • • f ; V ~ R. 93 ~~~~88 ~ "
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