HomeMy WebLinkAbout2702 and shall per/orm, comply wilh and a6~de 6y ench and e~~ery tl~e a9reements, slipulafions, conditions nnd
co~~enants ihe?eof, nnd oj this mortgage, ttien this rnortgage and fhe eslnfe {~ereby crenfed, shall cease, de-
termine and be null and void.
the morfgngor hew6y f urlher rnvenants and agrees !o pny promptly wl~en due the principal n~d
inferest and olher sums o~ money providerl fo~ in saia note and this morfgnge, o~ eif{~er: to pay a~~ and
singulnr the ta.res, assessments. Ieuies, lia6ilities, o6ligations, and encum6r+ances oJ every nafure on said pro-
perty; to pe?mif. cummit or su~~e~ no wnsfe, tmpairment or ~cEeteriorafIon of said ~and or the improvemenfs
thereon at any time; to keep tl~e 6uildings now or F~e?pajte~ o~ said Innd ju~ly insurecl in a sum o( not Iess
tl~an the full insurable value
in a company or companies acceptn6le to the mortgagee, the policy o~ policies fo 6e held by, and paya6le
!o, said mortgagee, and in i/~e event any sum o~ money becomes payab~e 6y virtue of sucl~ insurunce the
mortgagee shall hnue the right to receii~e and npply fhe sante fo tl~e Inde6tedness I~ere6y secured, acrnunting
to the mortgugor for any surp~us: to pny a~~ costs, charges, and expenses, inc~uding ~awyers (ees and lif~e
senrches, rensona6ly incurrec~ or paid 6y the morfga9ee 6ecause o~ t~e f
ailure oJ the morlgagor to promptly
I und fu~~y comp~y wttk t~e agreemenfs, stipu~afiona. ~ond~r~o.~ and ~o~~enan~s of snic~ note and t~is mo~lgage.
o~ eitl?er: to perform, comply witf~ and abide by each and euery 1he agreements, slipulations, condilions and
covenanis set fort~ in saicl nole and t~is mortgage o~ either. ~n the euent t{~e moefgagor (ai~s to pny when
due any tnx, assessment, insurance pre?nium or of{~er swn o( money pnya6le 6y virtue oJ said ~o~e w~d th~
mortgage, or eif~er. the mortgagee may pay the snme, without u~aiuing or a~fecling ff~e option to ~orec~ose
or any other right hereunder, nnd aII s~icl~ pnyments shnll bear interest ~rom dale tl~ereoj at the hic~l~pst law-
ful mte ti~en allowed 6y if~e Iaws oj ihe State of Floriua. .
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~l a?iy sum of money herein re(erred to be not prompt~y paic~ wifhin th1Tt}/ (3O~ daya next a~ter
the same 6ecomes due, or i/ ench and every the agreements, stipulations, condilions and couenanls of said
note and tl~is mortgnge, or either, are not jully perJormed, oomplied with and abided 6y, lhen tF~e entire
sum mentioned in said note, and lhis mortgage, or tk e enti~+e balance unpaid thereon, shall f
orlhwith or
thereafter, nt the option o~ t1~e mortgagee, 6ecome and be due arid papa6le, anytking in said note or herein
to Ihe contmry notwit{~slancling. Fni~ure 6y eh~ mo~fgagee fo exercise any of the rights or oplions {~erein
provided s~a~~ not constitute a wniver oj any rigtits or opfions under sai~ note or t~is mortgnge accruec~ or
t~ereaf ter nccruing.
~n ~itness ~hereof~ tl~e saic~ mortgagor ~as he?+eunto signecl and sealed these presents Ihe
day nnc~ year jirst above u~ritten.
' ned, s aled nnd deliu d i t6e pr sence o): ~
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• - ----a------------- ---!~i~~,v------ .
; Orvis E. ursey
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- Alice M. Coursey
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~ STATE OF FLORIDA. ~
~ couiv~-sr oF ~DIAN RIVER ~
~ I HEREBY CERTIFY that oa this day, before me~ an :
officer duly authorized in the State aforesaid and in the County a(oresaid to takc acknowledgments, penonally appearcd ;
~ ORVIS E. COURSEY and ALICE M. COURSEY, his wife, ~ r
~ to me known to be the penonS described in and who executed the (oregoing instrument and t~y acknowkdged ~
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~ before me that they executed the sama ~ 7.~
~ ' WITNESS my hand and o(ficial seal in the County and State last aforesaid this day o[ ~
' ~ ~ A. D. 19 7~.
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' . a>.: •,v _ RDEO .
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~~v F~.:.. Notary Public, State of Flo da at
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; ~ ~ Y~ - _ y, - , . , , . Large. My Commissian expires:
~ ; . ~"S ~ . % QC~~ NOTARY PUBUC STATE ot FLORIDA at LAR6E
- s' O~,-:R~r.. ~V~ MY fAM1AISSION EXPIRES MAR. 19, 1973
_%1% y~~~~"~:y~; : .v'. . ! J •
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