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anc~ sha~~ per~orm, comp~y u~ith an~ abtc~e 6y ~h antl ei~ery t{~e ogreemenfs, st~pu~ationt, condiflons nnd ~
co~~enonfs thereoJ, and oJ Ihis mortgape, then this mortgage and tl~e estats {?ereby crealed, ihall cews, d~- ~
termine and be null ant~ voi~. ~
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~ ff~e mortgagor hen~6y Jurthe~ covenanl~ nnd ngrees to pay promplly wl~en due the principul and
inferesl anc~ ofhe? sumt o~ money provicjed ~or !n said nots ane~ lhti morfgege, or elther: to pay o~~ an~
singular Ihe tazes, assessments, Ievies, lia6ili~ies, o6ltgations, nnd encumbrancea o~ euery nutun on sai~I pro- I
perty; to perntit. commif or su~~e~ no wasle, impuirmenf or deteriorntion oj sa~d ~and or the improuernenb i
Ihereon at any time: to kpep the 6uildin~s now or I~erPaJler on eQid land /ully insured in n sum oj not lesa
~I~an full insurable value
in a company or companies ncceptable to Ihe mortgagee, the policy o~ policies to 6e held 6y, nnd payablt
to, saicl mortgagee, and in the event any sum o) money becomes ~ya6l~ 6y viNus o~ such tnaurnnce th~
mortgagee shall I~a~~P the rig~t to receive and apply 11~e sams to the indebtednesa here6y secured, acc~ounting
fo !~e mortga~or ~or any surplus: fo pay a~~ costs, c~a~ges, and expenses, inc~uc~ing ~awyer
s leea and fit~
searches, reasonnbly incurred or paicl 6y tl~e mortgagee 6ecause o~ fl~e /ailw+e o/ the mo?tgngor fo prompt~r
and jully comply with the ngreemenls, stipulations, conditions und covenants oJ suid note and this mort9age.
or eiftier; to per'orm, comply u~ith and a6ide 6y eacl~ ond every Ihe agreementa, sitpu~ations, oonc,ifions nnd
coi~enanfs set ~orl~ in said note and tkis mortgage or eilher. ~n tke e~ent ttie morfgagor ~ni~s to puy u,hert
due ony tax, assessment, insuronce premium or other sum o( ~??o~er ~yab~ 6y virtue oj said ~ote and tl~is
mortgage, or eilher, !he mortgagee may pay II~e same, wilhout waiuing or aj~ecting the option to (orec~oae
or any olher right {~ereun~er, ancl all suc6 payments sl~aU bear intarest ~rom date thereoj at !{~e ~Igl~est law-
(ul rate Ihen alloiued by tl~e laws of tl~e State o) Flo?ida.
1` any sum o~ money herein re(er~ to ~ not prompt~y paid u~ithin 1 rJ c~ays nearf n~ter
the same 6ecomes due, or i( eaclz and every the agreements, stipulations. conditions and rnuenanta oJ said
note nnd this mortgage, or eitl~er, are not ~ully perJonried, complied witl~ and a6~ded by. ll~en tl~e entiro
sum mentioned in said note, and this mortgage, w the enlire balaru~e unpatd tkereon, sholl /o.tl~W~il~ or
thereajter, at the option of !he mortgagee, become and be due and paynble, nnything in said note or herein
fo t~e confrory notwil~standing. Fai~ure by fhe mortgnges to exerci~e any o~ t~e rig~ts or options hereiR
provic~ed shall not conslifufe a waiver o~ any rig~ls or options under said note or thts mortgage accrued or
t~erea~ter accruing.
7n W~~l~ fhe snid morfgagor {~as l~ereunio sig and sealed tltese presents fhe
day anc~ year ~int alwve u~ritien.
$tgned, sealed and delii~ered in Il~e pr+esence o~:
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- Itonald-- -aii ey--- - ber~~..~...-..
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~ - . ~ - G?e~~v..:-----------------------
~ As to ~r s. Grober Ha~ e Grobe~ ~
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; 8TATE OF FLORIDA, ~
COUNTY OF
I HEREBY CERTIFY that on this dar. befoTe me. aa
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o(ficer duly authorized in the Stat~ atomaid and in the County aforesaid to take acknowkdgments~ penonally appeared
~ RONALD STANLFY GROB~t and AANNT GROBL~It , h is w i f e
to me known to be the p~nonS descnbed in and who executed the torcgoins instrument aad t18V@ acknowkdsed
~ before me that t~l@3? e:ecuted t6e ume. ~
~ WI7'NiESS my hand and afticia! ~eal in the County and Sute last aforesaid this ~'(.6 - d~r o~
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<<Ljt:.< .t.: A. D. 19 72. ,
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> - Notary Public, State of Florida
_ . at Large. ldy Commission expires:
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f~~~c ~?.ra ~EC~~oeo
st wc~~ cuuNrr F~~. ~ 9
' RCCtF i ~:TRAS ~ ,
. CIE~+x C~.::U~T COURT ~ ~ ,
qFCOH:~ vt~~F1E0
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_ ~ ,1~ 16 ~ 37 PM'7Z
22~765
_ Thu Inrr.u,ncnt p,rparr~/ by: gyron T. Cooksey b~1a7i7 PA6E Jv~ ~
Addrexr P. O. Box 760
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`_4` Vero Beach, Florida 32960 ~
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