The URL can be used to link to this page

Home My WebLink About1858 5 1 g , , ond shall pe?form, comply u~itl~ and ahide by ench and every tF~e ag?eemenls, slipulatioru, conditions a~d ~ ~ cnvenants thereu,, ane~ o~ itiia morfflagP, thPn thls mortc~ac~n anc~ !1?w estnte I?e?rhv createtr, sf~a~~ cease, c~s- ~ termine and 6e null and void. ~ ~ ~ the mortgagor here6y /urth~?r covenanis und agrees to poy promptly when due tl~e principal and ~ inte?est nnd other swns oJ money provided /or in said note and this mo~fgage, or either; to pny nll and singular Ihe taxes, assessments. levies, lia6ilities, o6ligations, and encum6rances of every nature on said pro- perty: to permif, oommit w su((er no waste, impnirmenf o~ c~eterioralion o~ saic~ ~an~ or f~e improvements ~ tl~ereon at a~y time; to keep the 6uilcling~ now or hereajter on said Iand jully insured in a sum of not less than Twenty-Seven Thousand and No/100------------------------------ ! in a company or companies accepta6le to !he mo~fgagee, fhe policy or policies to 6e held by. and pnyable ' to, said mortgagee, and in the event any sum of mone.y 6ecomes ~xiynbta by airtue o( such insurance the • ~ mortgagee Jhall f~uve the right to receii~e and apply the same to the inde6tedness here6y secured. accounling ' f fo t~e mortgagor Jor aRy surp~us: to pay a« cosfs, chnrges, anc~ expenses, inc~u~ing ~nwyer s(ees and tif~e : seurches, reasona6ly incurrec~ or paid 6y !he morlgagee ~,ecause oj t~e ~ai~ure of fhe mortgngor !o prompt~y = ane~ lully comply u~itl~ the ngreements, stipulations, conditions nnd covenants o/ said note and this mortgage, ~ ~ or eiftier; to per(orm, c~omp~y with and n6ide by each nnd every f~e agreements, stipu~ations, rnn~itions nnc~ F ~ covennnts set ~o~tk in said note and this mortgage or eifhe~. 1n the evpnt fhe morfgagor ~aijs to pay when due any tax, assessment, insurance premium o~ other sum oJ money pnya6le 6y nirtue oJ said note and this ~ morfgage, or either, fhe morfgngee may pay !he snme, wif~iout wai~~ing or n~~ecfing Ihe option to ~orec~ose 1: ~ or any ofher righl hereunder, and all suck payments shall 6ear interest Jrom date thereoj at 1he higF~est law- ~i f u~ rate lhen aiiou:ed 6 y rh~ lau~s o f !he Stnte o~ Floricla. ~ , ; ~ any sum of money herein re(errnd to 6e noi pro:nptly paid u~ithin 30 days next a)ter ' ~l ~ the same becomes due, or ij each nncl enery the agreements, stipulations, conc~itions and covenanls of said ` i nole and this mortgnge, or either, nre not /ully per/ormed. compliecl uuith and a6~ded 6y, then the entire ~ ~ ~ sum mentioned in said noie, nnd this mortgage, or tl~e entire bnlance unpaid thereon, shal~ (ort~ith or ~ ` thereaf ter, at the option of tl~e mortgagee, bc~come and be due and paya6le, anyfhing in said nofe or herein ~ F ~ fo the contrary notu?if{~stanc~ing. Failure 6y the morlgaflee to exercise any o~ the rights or optio?u herein ~f providecr sha~~ nof consfitule n u~aiver oJ any rights or options unc~er saic~ note or t{~is mortgage accruet~ or ttierea~ter accruing. ` ~ ~ € f . - ;1 ; - ~ , - t . . , ° ~ _ , - { ' ~ ~n ~~L11~,.7 ~IKI[~l the mortgaflor has caused these presenls to ; ` ~ • ~(CORQORATE : I ' ~~~AI~ 6~ executed in its name, and its corporate seal to 6e {~ereunto a/jixed. 6y ~ts ] i .~t •~r proper oJlicFrs thereanto cluly authorizec~, t{~e day nnc~ year `irst a6ove written. ` ( , _ i ; ~j1 - Li 7 > ___First.Indian_ River._Corporation ~ ~ ~ ~~~T ~-/.l.---+-- i ~c-relary ~ E Sig?~ed, sea c~ and cIelii+ered in the presence oJ: ~ : ~ ~ ~.~`J~ f;~~- - - •--~-~-~-u-~----------~r-'--'--~-L'------------ ~ - - -~~:<~-r.. - - • P.cs;drnt ' 4 ~ i { l~ fILED N4 RECOl1~ , E~.lUC1E COUNTY L ~ ~ - - - ~ ROGEA PB~TRAS ~ CIERK C1~tCUtT COURT L ~ ~ 11Ef.ORD YEFIFIED ~ ~ ~ j 3 45 PN'lt ~ ~ I; Q~ Florida ; i~Q~~ Q~ St. Lucie A~~~~3~ ~ i~ 1 HFRFBY C'fRT1I-1' t6a1 on I~is day. br~«t mr. an o((icrr dul~ autl~oriud in tlr titals and Caunty aror~wi~ Io la6e acLnour~dg- ~ l, mrnls, p~nw+olly oppvaNd Doyle P. Louden and Betty M. Louden I~ ~ u~u 6~~~~ ~~0 6, r~~P N~.;.~.~~ ~d Sec retary res~iti~wlq d~ ~tit ~~~.a~~ .~.,~d 1~ rtwlgagor in ttit jor~~wnq instrumeN. aru~ t~wl lh~y srrrra~~y oc~u~t~gec~ eircufinq ltiv samt. in 1~ prrxnnr o~ fu~o su~scri~ng uKfntsxs. ~reely aru~ ~unlwily uru1~? autlwritv .~u~y MSIPd in l{~rm 1~y wi~ ror~wrdioa ond iha~ ifu sea~ o~(i~rd t~.rreto is 1~~ Inu rwporal~ staj o~ _ ~ wi~ tw~wrolion. ~ `rY ~vrr,~ts, my ?~..~t o„d o)j~? xd ~tu c«.~~~ a.~d ~ra~. ~a,~ a1«r~d ~ti~. 7th. d,~, o~ January . _ If n. ~u72. ~ _ _ ~ _ ~ ~ r,: ~ iGY ~ . SY ~ . : i / x: ~ ' / ~ i . ~r . . ~ / j • / . ~f 1 ~ ~ `I• • 'L / l, " NOTARY PUBLtC STATE OF FLOR{OA AT lARGE ~ YY CObS!liSSION GXPIRES NOV. 12, 1975 '-`z j - : tt~r~ ~nsuw?nc~. unu~Kwn„r.rtb, .3;..? ' . ~ ~ ti s~K~~ ~~~1856 ~ ~ - - - - - _ _ _ ~ _ .