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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. . i ` ~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): ~ - - - - • - ----a------------- ---!~i~~,v------ . ; Orvis E. ursey - - ~ i f ~ ' ~/j/y/ ~ ! ' " ' ~ _ . " - - Alice M. Coursey ~ ~ ~ I ~ ~ ~ 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 ~ ~ ! ~ 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~. ~ i 3 ~ , Q ' . a>.: •,v _ RDEO . a ~ G:~~~`4 r: !~EG ~ ~~v F~.:.. Notary Public, State of Flo da at , . ~ .,.,r r . _ • • . ~ ~ a~'' . ti_ ; ~ ~ 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 • ; . ~ ' - ~o . ~ ; ~ 3 • - ~ q - '1 ~ ; p_._• _ . ~.UBL;-. s~~'~~A4~'.~~ ~ .~'i `;*y~~ ~ . j`~~T"•r ~ ~ ~~:~Rl~~~"`'' ,,,T ~!~~RT ~.c~ ~ '~~~~~i~~~t;»~ ~ _ . - ~ ~ BOOK1~~ PAGE26~ ~ ~ ~ I z ~ - _ ~ = _ S j~ ~ ~ ~ ~ ~ v_~_ . ~ _ ~ _ _ . . ~ti~