HomeMy WebLinkAbout1099 . • .
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and s1~aII pe.~orn+. romP~y wi~h a,~d a6td. by .o~h a~d ~a?ap th~ oprr~m~nb, stipulaNona. oaw{ttiona and
coaenant: lhoreo~, and o/ thii nwr~gag~, thsn thls `n~oNgag~ ond 11~~ ytat~ h.~.6y ~ted, ahaU v~aN, d~- '
~ termine and be nt~il and u~old.
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~nd t1~e mo~lga~or heroby ~urtl~s~ cownanla ood o9...s ~o ~y pro~nP~ly wh.n dw ~h. ~~i~! p.~d
tnterest ared othe~ sunu of monsy provided jw tn satd ~ob and I~la monga9t. or ~ith~r; fo pay a« and
stngu~ur !{~e faYes, assessments. leutea. IIa6iltttes. •obltgntiona, ancl sncumbrartcyi o( auery nntun on :ald pro-
perty; to permit. commit or su11e~ no wwte, inywirment or deleriorntton o~ saic~ ~anc~ or !hs In?provements
11~ereon at any lin~e; fo ~reep i{~e butldtngs now or he?rajter on aaid land':~Rr r~~,.pd rn a~~ 01 not les~ •
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in a company • or companies aoceptab~e to the mortga9ee, ~tl~e pollc~r• or polici~s to be held 6y. ond payab~e
' !o~ saic~ morfgagee. an~ tn the euent any awn o~ money beoomsi ooya6l. by utrtue o~ sucti iruuranc~e fke
moNgngee sl~u1l have the Nght to ~ecet~e and apRlp the spniw to,the indebtedness hereby secured, accounting
to t~e moriflngo~ ~o~ nny swplus; to pay al~ ca~tb. charges, nnc~ experuss. tncitu~tng ~awyer s lees and tit~e
senrr~es, reasonably inceirrod or pnid 6y the nartgngee becnure oj !~e ~ailuro oj the mortgugor fo promptly ~
, ancl f
ully rnmply witk the agreerrients, stipu~allons. condiltona and oouenants o` sntd rtofe and i6ts morfgage. - y
or eitiier; to perform. eomp[y with and abide 6r'each and eaery tl~e egreemenb. stipu~utions, rnnditioru nnd
c~ovenn~ts aet jorth in snid nofe pnd this morfgage:or eit~e~. /n f~is enent t~~ mortgngor ~atla to pay when _ i'
~ due nny lax, assessment, insurance premiurin or ot~er sum oj mon~r paynble by virtue oj said note and thts
t;
Mortgage. o~ eittier. the mortgagee mny pay l~i~ iame. tuifhout u~aluing or aflectirtg !he opitore fo ~o?ec~os~ +t
o~ any olhcr rigl~t hereunde~, and atI auc1~ paymenb si~all bear ~nterost /rone date ti~e~+eoJ at the f?ighest lau~-
~ui rate ~I~en allowed by the Iaws o/ !he State oj Flo~td~. ~ `
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uny sum of money ~erein re(en~ to ~ie not promptly p~atd roilhtrs f~~ duys next njfer
the same 6ecomes due, or i( each and every tha agroemenb, afipu~attau. c~orultltons and eouennnla o~ snid .
note an~{ tT~is morlgage. or etf~e~. ars not (altr r,~ornisd. c~ar~puec~ wil~ and abrded by. ihen the enliro -
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sunt. menftonecl in soid nofe. anrl t~ils ntortgage~ or t~• onttro ba~onn unpatd t~enon. s~~ ~orlhwtth or ~
f~er+ea~fer, a! the optiore o~ the morlgagoe, be~ome and 6e due and papable. anyt~ing tn ~ald note or hsrein (
to fhe conlrory nolwifl~sfandtng. Failwe 6y t6e mortgagee to txencias any of th~ righb or optiona heretn
pruvic~ed s1~a~~ not eonstilute a woiuer oj any rfghts or opltons wtder snid note or this n~wtgnge accrued or ~
lliereaJter accruing. "
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~~n ~itness ~dh~of~ tl~e snid mortgcegor I~w I~ereurtto aigned and sealed tl~ete presenb th~ ~
. c~ny ancl year (irst aEiove written.
' Signed, sealPd nnd eltvered in t6e•pr+esence o~:' •
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o~Mir. s st~~ c.. 8~ ~
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..~SS - Mr. Sc . '~C211~TP.y ~ ~O ~lf~'y ~
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STATE OF FLORIDA~ ~
COUNTY OFINDIAN RIVER
i HSRSBY CBRTIFY t4at oo tlw day. before me. aa
otfieer duly authorizcd in the State afotasid Aad in t6e Couatp doiesaid to take uEaowledaa~enb, penooaUp appeued
Joseph J. Sch~rey and Pblly Schxey~ his irife
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to me kaown to Fk the penon 8 dacnbed in and ~+ho e:ecuted t6e toreaoius in~trument and th@3/ acknow{edaed ~
beion me chat '~2~ acecuted tht rame. -
WITNESS my hand and oiCeial ,eal ;n ebe Countr and Snre lasc atoraaid tAis 2'j'~1 d:r of
J&AU81y A. D. 19 (j5~
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