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HomeMy WebLinkAbout2225 ~ECfiYED S ~ 4 IN PAY?IENT Oi ~AXES C''E OH CIJ?~S IN1ANGiBIC PERSCNAL PS1UPfRTY. ; AIII 10 CFI.'lP1:R 207N. ACiS OF 1911. ~;G i~ {'GI:~,AS. Clerk farwd Cou~t ~ as A;e~t to~ OANIEL N. KNOWIES. 1R. ~t tucie Counh iu Collectot ~ ~ OIE~ ll 1~hat , in order murr fully to protect the security of this mart- ga~e, the mort~;abor, toKether with, and in addition to, the monthly payments under the term+ ot the n~te secured hereby, orr the firs! day of each month ~inttl the said note is fully paid, and in addition to the provisions hereinbefore made, will pay to the ~nortgagee th~ following sums. (a? A sum c~:~ual to the preci~iums that will nex! oecome due and pay- able on polic~es oi tir~~ and uther hazard :nsurance co~~ering the mortgaged pruperty. ~lus ta~~5 and ass~~ss~l~ents next due on the mortgag~d property (all is estiii~ated by the mortgagee) less all sums already paid therefor divided by ~ the nuti~ber oi mc?nths to elapse before one month prior to the date when such ~ premiums, taxes and assessments wili t~ecome due (b) A1! ~aynients n-?~n!ioned in tt-.e preceding subsect~on of this para- graph and all paynic~nts t~~ be made under the n~te secur~~d hereby shall ~e added tugether and the aggregate amount thereuf shalt ~e paid uy the mortgagor each ?i~onth in a s~ngle payment due upon the first oi each and e~•ery month he re inaite r Any def~ciency =n the amo~int of such aggregate monthly payment shall, unless niade g~ud by the mur!~agor w~thin thirty (30) days next after the same becomes due~ and payat~te. c~nsticute an e~ent of default under this mortgage 13 If, howe~~er. the inonthly pay~izents tiiade by the rnortgagor under (a) of paragraph 1L preceding shall r.ot be sufficien: to pay taxes and assess- ments and insurance premiums. as the case may be, when the same shall tz~ co.^.~e due and papable . then the ~nortgagor. shall pay !o the mortgagee any atnount necessary to make up t'~e deficiency, on or before the date when payment of such taxes. assessments or insurance premiums sha)1 be due IN ~1'I'rNESS «'HEREOF. the said mortgagor has hereunto set his hand and seal the day and year f~rst atoresaid ~I ! Signed. sealed and deli~ered ~ ?n thc prese:ice oi: ~ ~'~~Ii Lt~~.i- / Q..:' _ ~~-t~1.tf` c~ C~. %~t_~ (Seal y ~ Richarci E. Wall ^ ~ ~ ~ (Seal) STATE OF ~ ' I_ORIDA COL\T~' oF 1NDlAN RIVER ' H~Iure n:e persunally appeared RICHARD E. WALI. To me we~l knu~n and knuwn tu me ±o be the ind:~:dualb described in and who c•~ecuted *.ht• tc~reKucnK instr~irn~nt. and acknowled~;ed before «~e that he executed the san:r f~~: the purpuses therein .~xpressed 1t'I'T1ESS :T~v hand and c,fficial scal this !~~___day ot ~~U St _ ~ D. 19~'~. i11E4 :~~4f~~R0E0 S1.lUC~E ~OUMTY fLA ` / . . ; ROCCa P01Ta~S ~ CLERK Ct~t~UlT COURt~"A _ • ~ ~ ~ / ~ rt e ._~,:~;,,..::~`!J ~ RECQROv:~.cf~EO..~~~ ~ - ' ~u ~~~Nutary I~'ublic , ~n and fur sa:d State and r+:.^= p~ I~ 9 42 County ~iy C~mrn~ssion exp~res -(iaatary 3~a1) _ 1,a3~~~ ~ - r., ~ ° _ 2 . . . _ : . , ~ ~ F~~;~~3~~-~ aoo~ 1y4 2224 ~ ~s ~ ~ ~ - - . - = : ~