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HomeMy WebLinkAbout2635 ~ ~ g~f~ and shall pe~(am, c~omp~y wilti und ubids by each and every i~s ag?e~~~ts. ttipu~tiorit. condltlo~a snd rnre~anl: tF~e?eof , and o/ this mortgag., fh~n Ihii mo~tgage and tl~s eitats I~ero6y crsated, shaU cew~, d~- lermine and be null and twid. ~ ~ thp morfgogor ~enrby (urlher c~ovenants a~d asnes ~o ~wr ~+~+Pely wk•n du. ~h. ~n~~l and infa~+es! and olher sums o~ mo~ey provided jor in said nole and Il~ir moMgag~, or either: to pay a~~ and ~ingu~nr f{~s taxea, auessmenls, ~evtet. Itnbi~ilies. ob~igatioru, and encumbe+ancea o~ ewry natur~ ort said pro- pertp; fo penntt, co~nmit w su~~er no waife. iny~airmenf or deterioration oj iaid land or th~ improutnwnta f~prrcn of any lime; lo ~e~p !tis 6ut~ing~ now or ~erPa~lK o~ ~atd land /u~~y ln~~~ !n a tum o~ not ~ass ~I~a~ full insurable value . tn a rnmpany or compantes ncrepta6le to tl~e mwtgageo. !he poltcp or poltctea to 1» held 6y, a?~d ~~61~ to, saitl nw?tpagae, an~ i~ t~e event any sum of n~oney beoo~ei ~ya6b br virtw oj auch i?uunanp fhe moN9ag~ :hpll ha~M lhe ?ight Io re~ceiva and npply ~I~s sam~ eo !lu inde6tednesa h~n6y aecund, uccaunting to Ihe mo?tgagor ~w any aurp~us: fo pay a~~ cosfs. charpes, and exp~nssa, inc~uding ~awyer i(ses ancl fit~s sparrhes, nasona6ly inc~i?~{ or patd by Itie n~oHgagee because o/ 1h~ jailuro o/ the n~wtgugw to promptly and ~ullr rnmply u?ilti fhe agreemenla, sttpulalFons, condttions and eovena~ta o( sotd Roe. ~d el~t~ ~,??o.e9~.. or eilher: to perJwm. c~omply wtth and a6ide 6y each nnd every tke ag?eenienb, sfipulafiona, oondittons and covena~ts sef ~ortti in said note and this mo?tgngs w sttl~er. ln Ikt s~ent tti~ n~wfgogor ~ai~s to pny tu/?en due nny tax, assesamenf, iruuranoe premiiun or otl~er sun~ o/ mone~r pnpa6le 6y virlue o! said Rote nnd tkia ~nortgage, or eifher, !tie mortgagee ~y ~y tl~s same. wtt~out wniving or e~~acfing f~e option to ~o?scloie or any olher ~i~h1 ~ereunder, and aII scecl~ paymenfs shall bear inisres! lrom dats therooJ Qt tlie l~tgl~e:t Iaw- (ul rate llegn al~owed btr tFee Iuws o, ller State o( Florlda any sum of money tierein re(e~red lo be nof prompfly paid wit~in ~ dups r~xf oJter t{~e same 6ecomes due, or i! each and every I~e ugreemanis, sfipu~alions, conc~ifIons and eovenants o~ sotd - nole and tl~is mortgage, or eit{~er, are not jully pe~onned, cnmpltsd wit1~ and a6td.d by, t~e~t the entire sunt mentioned in said nofe, antl f~ts mortgage, or the entin ba~anee unpatc~ thee~eon. s~ ~orthurifh or : ~ I~erea(ter, at fhe option o~ the w~origagee. 6ecome and 6e due and pnpa6le, onything in said noN w~er~in ~ fo f~e rnntr~nry ~otu•itlufanding. Foilu?e 6y f6e mortgugee fo exetrise any of t~t rtghb or optlau ~entrt pe~oric~¢c~ sha~~ nof eonsfitule a wu[ver of nny rig~ls or opfions under satd nots or tF~is morfgag~ aecrued or I~erea(fer accruing. 1n W~LII~ 1~R[[[D`~ I~e said nrortgago~ ~as I~errunto aigned nnd senled tl~aa pnsenb ttie c~aq ane~ year ~trst abone u~riNen. - Signed, senled ~d dpl~~~.pd in If~e p?esence oJ: . . ~~r~!-r-cC1. ~ ~/~..vs-~-~--t~~ • - ~ _ - y , . S. ThomBS H ~lt jr,, y ~.:b_s-(.~.'.j.t4""i"'~"'..~~."'_fa-_..i.l..~."~C....""" • . . - ~ ' Blaache M. Hamilton ,I ~ ~ ~ ~ i f i i ~ STATB OF FLORIDA, ~ ~ coucvrv oF INDIAN RIVER E I HEREdY CERTIFY tbat oa t6is da~~ bdore we. ae ~ o((icer dufq authorized in the State a(oresaid and in the County aforesaid to take ackaarrkdgments, personsllp appeared ~ S, THOMAS HAMILTON, JR, and BLANCHE M. HAMILTON, his ~ to me known to be the prraon S descn'bed in aad who a~ecuted t6e (ore~oing instru~nent and ; . :..~4~: I ~ ~r~ ~ they ~~u«a ~ f ~ ~i = ~ _ ~ a ~ 1~NI71VESS my hand and official seal in t6e Counq and Statc last aforcsaid this ~~t u i; • V,~~ ~ April A. D. 19 71 ~ ~ ~ ^ ~ - ;s,~c . s / vj ~ ~ • - ~ ~ ~'.~%P~ ~ g • ~ , }•~s . ~ i G i1E~~~ f1.~• Notary ~F b i;~.~State~ o~~~ . ~ f„~vpH~?o~~ My commission expirea:-~~' .,?.~*~kf~~ St • Rp~ c`~~V~O C~ ~ ~ Coa~ y~~~f ~f ~ - ~ 3 ' 7~ ~ aE~ 3 26eH ~ o ~ ~ ~ ~ ~ ~ . ~ Tliu Instrumcu~ prrparrd by: ~ Addass ~ ~ BOOK 1~ ~~~•?v ~ ~ . . . _ - _ s, . ~ , , ~=x ~