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HomeMy WebLinkAbout0548 and shall Ferform. comply wtth and abide by each and every f~e agreemvnb. at[pu~atb~t. oo+?ditlons and ~ covenunts tl~ereo/, and o~ this mortgage, t1~en thta mortgnge and t1~s e~tat~ ha~eby asatod, slaU cyus~, d~- termine and be null and ~roid. ~ Ihe mortgagor I~ereby Jurther co~enunb ~d ae~ to ~y p?~o~~ly wl~..~ dw il~. ~ct~! and interest and olher sums oJ money provided jor in aaid note cuid thb mortgage, or ttther; to pny nIl and stngu~ar tke taYes, wsessments, ~evies. lio6i~ittes. ob~igattons, and er~cum~ancaa oj enehr ~aturs on aaid pro- perly: to pennit, eommit or suf~er no wnste. impai?men! or dele~ioralton oj aatd ~aru~ or fht irnprown~nta thereon a! a~y time: fo keep the 6uiWings now or hereajler on said lond lully intured in a sum oJ not leu thnn Full insurable value in a eompanq or companies ncceptnb~e to fhe mo?tgagee. fhe po~Ecy o~ po~icies to 1» k.W by. nnd papabjt to, satd mortgagee, an~I in fhe euent any sum of moner becornes n~~61~ 6y virtw of ~uch in+uran~t tke mortgaeee shall haue the right to receive and apply f6e snme to Ihe inde6tedness I~~reby secured. ao~ounttng to fhe mwtgapor fo~ any aurplus: to pay Q~~ costs. cha~ges. and expenaea, inc~c~tng jawy~ri ~~tt and tif~ searckes, reasona6ly incurred or patd 6~+ fl~e mortgagee 6ecause o( the (otlune o/ the nwrtgagor to pro+nptly and luj~y comp~y wif{~ Ihe agreements, sfipu~ationa, oonc~ifiona ane~ rn~enanfa o~ said note and ~hit mortgage• =--or ~il6N~ to perform, co~npjylwith andlabtde 6y ieach and euery tl~e agreernenb. Nipulaftona, c~onditionr and couenanta set ~orf~i in aaid note and fi~ls mortgnge or eit~er. In tke event tl~~ mortgagor /nils to pay when d~ any e~; assessmenf: insurance premium or oiher sum oj mone~r papa6le 6y virtue o~ said note and tkis morlgage. o~ eltl~er, ihe mo?Igagee may pay f1~e aame, wit~out waining or ajlecting tke optton to Jonclos~ or nny oi?~er rfgRt hereunder, and all such pnyments ihaU beo~ intere~t (rore dnts tl?~o/ ot tTee ?~ighest law- ~uI rate t/~en albw~d 6y the lawa o/ tl~e State oJ F1oRda. _ ~ . - . ~ ~ 1~ any swn o~ money tierein re(erred to ~ie not prompt~y poid within 10 dapj next a~fa~ the same. ~pcomes due. o~ i~ ~ach un~ euery ~ t~e og?eQmants. stipu~ntiau. condlttoni ared co~enanb o~_ said note anc~ this moHgage. or~ eilher. nte nof Jul~y per(onn~. oomplted with and n6id~d by. l~en t~e entire sum mentioned in soia note. and t1~ts mwlgage. or t~e entire 6ajance unpnid i~ereort, ahall fathwith or thereaJter, af t~e opfQon of the mortgagee. ~ecome and be due and para6le, anytktng in setd note or I~reln to !he confmry nofwithstanding, Fat~ure 6~ ~he mortgagee to exer+cise any oj !he rig~fs or opttons ~eretn proutded shall nof constilute a waiuer of any rig~fs or oplions under said note or t~ia mortgage oocruetl o~' thereajfer accruirtg. ~n ~itness ~hereof~ ftie said mort~agor has hereunto stgned and sealed tbese pres~nb the • day and year ~irsi above written. Signed, sealed and deliverecl in the presence o/: . . _ - ~ - . - - nnetti~ J. h ton - • . . --~Q,a,~t...~-s•!~-,----- - - rR~ Carmen K. Thomton . ~ f i ~ STATE OF FLORIDA~ ~ ~ covrrrY oF Indian dRiver _ I HEREBY CE$'tIFY that on this day, before me, an officer duly authorized in the State aforeuid and in the Couaty aforesaid w mke ackuowkdgmenb, personaUy appeared Renneth J. Thornton and Carmen M. Thornton to me known to be the penon descn"bed in and who executed thc [oregoing iastrument a,~a theq a~~~~ before me that they acecuted t6e same. WITNESS my hand and of~cial seal in the County and St~te last atoraaid this 11 d~r,af JSD118Iy1 A. D. 19 67 1••7 ~"~i~~i <:I'~?r,+i,i~`~. . _ ' , ~ _ NOmry Public~ State of Florfda ~tiar8j~-,'. ~ Fii.EQ AND R~COROEO ~~m'u1Or' ~cesRueust i'' ' ~ ' - ~ ST. 1.UCIF COUNTY, FI.A. ~ . .;h' . J . . RECORO YRRIRI~Q p/a//(, Y : . ; lssss2 : : , . '6~ 13 PM !2:28 =.0';CR ? OITR~S CLERK CIRCUIT COURT . ~ ~8(IRO!( ~f ~ - - ~ : . , - - F ~Y' ~:~4 ~ . ~ _