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HomeMy WebLinkAbout2298 and shnll pe~/orm, comply with and a6td. 6y ~1~ and ei~ery thv agreements, stipulattons, condiltont ond ~ covena~b thereoi, and oj thi: mortgage, then thb mwtga9e and the e~tate hereby created, sl~all cears, d~- } termine nnd 6e ~ull and votd. ~ . ; i fhR mortgagor hen+hy ~urfhe~ covenanfa nnd agrees to pny promptly when due tI?~ p~tnctpal and , inferest and otf~er sums o~ money provZc~ec~ )o~ in saic~ nofe and t~ia mortgoge, w eittier: to pay a~~ and k singu~a~ the taxes, assessmenfs, ~evies, ~inbi~ities, o6lIgoftons, urtd encumbrancea o( euery naturo on aaid pro- ( perty; lo permit, commlt or au~~er no u~asle, Impairment o~ deterioration o~ anid land or the lmpronemanU thereon af any time: fo ~eep the buildings now or hereaf ter on ~a~d bnd /u~~y insurec~ in a sum o~ not ~ess t1~an full insurahle value in a compony or companiei accepta6le to the mortga9ee. 1he polic~r or policies to 6e held 6y, and poynbl~ to, snid mortgngee, and in the event any swn oj money 6econe~s ~ya6[~ 6y uirtue o/ sucl~ tiuurnnct tht mortgagee ska~~ I~ave t~e rigkt to receive a?ed npply the aame to tl~e inde6tednesa l~ereby iecured, acrountf~Q to the mortgngor Jor nny swp~us: to pay a~~ cosb. c~arges, and expenses. Inc~udtng ~awye'i fees anc~ Ht~ searcf~es, reasona6ly Incurred or paid 6y tl~e moregngee 6ecawe o~ fhe (ni~ure of the mortgogor to promptly ancj f u~~y comply u~itl~ tl~e agreementa, stipu~ations, conditiona anc~ covenants ol soid note and thia mortgag~. - or eilher: to perform, comply witl~ and abide 6y each nnd euery the agreements, stipujnttona, corujitlons and couenanla set jortF~ in satd note_ and this mortgage o~ eitker. ln !ke et~ent t1~e mortgngor (ail~ to pay wl~en c~us any tux, assessment, I?uurunce premium or othe~ sum o( money paya6le 6y virtue o( saitl note a?~ tkis t i mortgage, or either, the mortgagee may pny ti~e same, wifhout waiving o~ a~fectirtg t~e optton fo ~weclose ~ or nny other right I~ereunder, and nll such paymenfs shnll 6enr intereat (rom date the?+eo/ at the highest law- (ul rate tl~en nllowed by the lawa of the State oj Florida. ~ ~l any sum o~ money herein refe?re~ to be not promptly paid within 10 day: next~ ulter the same becomes due, or i~ each and euery the agreemenfs, stipu~altons, conc~ltions and couenartb of sa~tj note and t/~is mortgage, or eit~?er, nre not f u~~y perf ornted. comp~ied wit/~ anc~ ab~dgd by, then t~e entfre sum mentioned in iaid note, and t6is mortgnge, or th e entire balanee unpaid tTwr~eon, shaU ~orikwitk o~ therea)ter, ni tl~e option oj t1~e ntortgagee. 6erome nnd be due and paya6le, nnytl~ing in said note or Iwretn to the rnntrarq notwit~atanc~ing. Failure by the mortgagee to exercise any o~ tho rights or optlons ~~et~ provided stia~~ not consfitute a waiuer oJ any r[gF~ts or opfions under said note o~ l~ia mortgage nccrued or t~ereajter acc?uing. ~ ~n ~1~~ ~ W~~l~ t1~e satd mortgagor has I~er+eunto signed and sealed theae presents the day and yenr ~irs! d~iove writtert. Signed. Ied and delinered n tke`pres,ence o/: ~ ~ - ~ ~ ~JL~.c'vK.~-~ 1~-C~. • ~ ------------~--V---._' lson---------er~ ~ ~~x-~u~-~ - ~ • - -~-c~..._.._....~ , - - - - . c y~ e ma J T~r ~ - R , ~ ~ ~ ~ ~ - ~ STATE OF FLORIDA, ~ CoUNTY oF Indian River - I HEREBY CERTIFY that oa this day. before me, an officer duly authorised in the State aforcsaid and in the County atonsaid to tat~ acknowkdgmenb; penonall~ ap~pesred Grady Wilson Tyner and Thelma J. Tyner, his wife to me known to bc the penons dacn'bed in and who executed the [oregoina iastrument and they a~k~Qdsed bcfore me eh~e they executed t6e ~ame. WITNESS my hand and o(ticial seal in the County and State last aforesaid this 2-2- d September A. D. 19 72 ~ ~ r~lEO ~Ne rtl0~1~r flA ~j~ ~ . ~ ~ S .1.{~C~~ COIIN ~ oC.~P ' i lw...s4... ~ ~ """..y~~....~ : ~ ~ . . / ~ IIOCER POITNA~ L ' _ . ~ CLEpK ~IRCUtT CO~Rt • _ • ~ RE~ORE? vf.R~Flf.D t~iOTAR tl3ttc :Alt ~1~ EL ;j~l~nc~T ~ ? - ~ M~ ~ss~~ ~~~5 ~o~? . - ~ ~ Z ~ ~~Z ~EnERAL INSURI?NCE~IJND~~K~~~' ~ m((~~ : 'y~ r ~ y •y ~ ~ • T I • ~ i~c~8s1 ' ~y, 1r~~~ ~ I~111 IIIS~(~If~~~~(~.~.h~AS PREPARED BY `~~'~~n,.~ C~. C. L/SW. VICE•PKlSI~~ENf Or I 1?+E IhO~Af~ niYER CI1RU5 BAf~K a~ ~rC~,~~ :uG4 r. t;e.TEENTH AyENUE ~u' j~ Yn~x i E O BEACH, fLORIDA ~ ~ ' ~~r _ . ~..~~.>'~~c f_~~~` _ ~