HomeMy WebLinkAbout1338 an~ sha~~ pe~rjorm, comp~y wif~~ an~ ~6tde by encl~ an~I every f~e apreemenfs, sfipu~alions, eondilions and
canenants tl~erpo/, and oJ t{~is mortflage, tRen this mwtgafle and Ihe estate I~ereby c?rated, shall cease, de-
fermine an~I ~e null and i~oid.
thp morfga~or {~er~~by ~urther covenants a?id agrees to pay promplly when due the principal and
inte?rsl anc~ olher sums o~ money proridad ~or tn said note anc~ lhis mortgags, or elthe~; fo pny a~~ and
sinflular thR tar~s, ossessments, IPV/P3, lia6ilities, o61i~alio?~s, and encumb?nnce~ o~ enery nature on said pro-
pprly; to permil. commit or sujfer no u~asle, impairmenf or cleferioration o~ said ~and o~ the improvements
tl~precn at ~ny Iime: to ~PPp ~~P buildings nou~ or he~a(ter on caid Iancl ~ully insurnd in a sum oJ no! les:
tha~
in n cam~xiny or companies acc~pta6le to Il~e morf~apee, the po~icy or po~icies fo 6e I~eld 6y, and payable
fo, saie~ mortgngep, an~ in I~p event any sum o~ money becomes paya5~e tiy virtue of such insurance Ihe
morfga~~p shall hai~e !tie rigtif to ~('CPI1~P and apply fhe same Io Ihe inde6tedness /iere6y ~ecured, accounttng
fo f~e mortqa~or ~o~ any surp~us: fo pay o~~ cosfs, C~aI~P3, and expenses, inc~uding ~awyer s jees and fit~e
searcf~ps. ~paso~~n6ty IIICItRPA or ~~d by rl~p mortgapee 6ecause o~ f~e jai~ure o( the mortgn{~or fo prompt~r
ane~ jully comply wit~ ttie agreemenfs, slipu~afions, conclitions ancr c~oi~enants o( suicr nofe one~ ttiis mortgage.
or eif~~er: to pPr~orm, romply u~ifti an~ a6ide by each anc~ ei~pry fhe agreements, stipu~afions, condiftons ant~
covenants sef ~orf~ in said nofe an~ t{~u r?eortgage or pit~er. 1n fhe event the morfgagor (at~.s to pay u~tien
d~ any ~ax, c~ssessment, insuran~e pTPltllU111 or oti~e~ sum o( money paya6lo 6y virfue of snid note and this
mortgage, or eifher, the morfflagpe may ~,y 1{~e same, u~it~ouf waiving or a~~rcting ftie option fo (orec~ose
or any other riAFef {~erpundpr, and nll suck paymenis shall 6ear interest (rom dnte tl~ereo~ nt the highest law-
(ul r~te then allowed by Ihe laws o~ the State o( Florida_
i` any sum oJ mon~y ~erein re(erre~ l0 6e nof prompf~y pnid within ten days next a~ler
the same be~~omes due, or i/ eacl~ and eupry the ngreemPnis. stipulations, conditions and covenants o~ saicl
note ant{ this morfgage, or eilher, are not (ully per~ormed, compliecl with and ob~ded by, Ihen fhe entire
sum mentioned in said note. and Ihis mortgagp, or th e entire bnlance unpaid tkereon, shall /ortl~wilh or
fhareafter, at ~h~ option oJ 1he mortgagen. 6PCOme and 6e due and paqa6le, anytl~ing in snid note or {~erein
to f~e conlrary nofu~itF~sfancling. Failure by fhe ?reortgagep lo exerrise any o~ f~e rig~fs or options ~erei~
provided s{~a~~ not conslifufe a u~aii~er o~ any rig~ts or options uncler saic~ nolp or f~is mortgage actvued or
I~prea~ter accruing.
~n ~~lll~ ~hereof~ fhe said mortgagor lins hereunto signecl and sealed thpse presenfs the
cray anc~ year ~irst atione «~rilfen.
Signed, sealed and deliverecl in Ihe presencp o~: ~
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- j-------- A--~- st~- tonc us ,
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, Barbara Ston s
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s STATE OF FLORIDA, ~ ~
~ cot'`TY OF Indian River
~ I I HEREBY CFRTIFY that on this day~ before me~ an
~ o([icer duh authorized in the Stat~ afor~said and in the County aforesaid to tak~ acknowkdqments, personally appeared
~ AUGUST STONCIUS and BARBARA STONCIUS, his wife
~ to me known to b~ the penon g describecf in and who execut~d the (orcROinq instrument and have~k~w~aR~a ~
~ beforc me that the t
y ~xccuted the same_
~
~ N'I7'1ESS my hand ancl o((icial seal in the County and State• last a(oresaid this S~ d~y of
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~ ~ A. D. 19 ?1 .
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F,.~~ ~ti= :~E~;;~1EO 4~ Notary P ic, 3tate of Florida
= st. wc~~ ~~uHTY F~~- at Lar e. My Commission expires ;
~lUv"t'r r'3'`~AS g
~ ~~EiK C~ ~LUIT COUiiT
>f RECORO YERlF~EO r
Y~OYyii= OM AW'~l~
i Y3~ 1~M!
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= fEe 25 1 09 PH'?1 .
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I IIIS II1J/llllllflJ/ ff/t'F/lRi1 hy: B. T. Cooks ey
~ - P 75: BOX 760 • - ~
_ :1JJn_u • . •
Vero Beach, Florida 32960
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