HomeMy WebLinkAbout0638 ~°r'17V~. R~~OD~ +te~u t~~.,c ~ ~.s..
and ~hall pe?jorn~, comp[y with and abids 6y e4~h w~d ~wry Ih~ agn~nt~nts, ~tipubliona, condilions ond
eouenanb th~rooJ, nnd oJ t1~ia ?no~tgnge, t1~en Ihis moNgage and tho ~atate hereby created, sl~al! ceas~, de-
termine nnd 6e null and void. -
ttie mwegagor hereby ~urther covenanb and apwea to pay promptly wben dw t~e p?lnctpal and
interest and ofhe~ aums oj money prouided ~or ~n satd note nnd thb mo~tgage, o~ etther: to pay a~l and
singu~ar 11~e faxes, wseuments, leules. ~ic~biGlies. ob~tgations, and encumbrancet oj every naturo on raid pro-
peMy: to permit, commit o~ suf~er no waste. impuirnien! or c~eferioratton o~ sald land or ttie irr~rovemenfs
thereon at any time; to keep the butlding: now or leerea/ter on said land /ully inaured in a sum of not less
ehan~ full insurable value.
ir~ a coinpany or companies acceptu6le to the mortgngee, t6e policy or policies to be heW 6y, a,~d payabl~
to, said mortgagee, and in the event any sum o~ money 6ecomes payable by uirtue o/ suck insurunce the
mortgagee sha~~ have i~e right to recetve ane~ apply tl~e same to the inde6tedness here6y secured, ac~counting
fo ttie morfgagor (or any swp~us; to pay a~~ costs, charges, and expenses, inc~ucling ~awye~ s~ees nnd title
searches, reasona6ly incurred or paid by Ihe mortgagee because oJ tl~e jnilure o~ the ~nortgagor Io promptly
and jully comply witl~ the ngreements, stipulations, oondit~or~ ~d ~~enaRes o~ said nate and t1~is rno~tgage.
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or either; to per(orm, comply with and abide by each and euery t1~e agreements, slfpulattons, condittons and
c~ovenonts set (ortl~ in said note and this mortgage or eitleer. ln t3ee evenl the morteagor /ails to pny when
due any tax. asseument, insw,unce premium or ofl~er surri oJ r?soney pnyable 6y uirtue oj saic~ note and this
mortgage, or either. tl~e mortgngee may pay Ihe same, witkout waiuing or o~~ecting t~e option to ~oreclose
or ony otl~er rigl~t hereuncler, a~d all such payments shall bear interest (rom date thereof at the highest Tam-
Jul mte lF~en allowed 6y the laws of the Stnte o/ Flo~da.
J~ any sum o~ rrtoney Ieerein r%rrer, fo be not pro:nplly pni~I within twenty dupa next a~ler
tf~e snme becbmes due. or ij each and every tl~e agreements, stipulations, conditions and covenanta o~ snid
note and this mort9age, or eithe~, are not jully perJo?med, complied witl~ and a6td~d by, tl?en the entire
sum mentioned in said note, and tl~is mo~tgage, o~ t6e enlire bola~ce unpuid lhereon, aha[I jorthtyith or -
theren(ter, at tl~e option oJ t6e mortgagee, beoome and be dus and paya6le, anYtF~ing in aaid note or' berein
to the conlrary notwitl~standing. Fai[ure by tF~e morlgagee to exerrise any of i~e ~ig~its or optfons herein •
prouided shall not conslilute a wai~er oj any righls or options under said note or this mortgage accrued or
thereajtet actruing.
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' " ~ , ~I~PORATE ~n ~~Nw~ ~I~VI !~e mortgagor has caused these presents to
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_ s-, t' ~AL~--- be executed in its name, and iis corpom[e seal to be hereunlo aj~ured, by its
.••~•.2~ proper ollicers t~iereunto du~y aut~orized, the dny and year (irst a~?o~e mritten.
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~-i'f'~sr:-.---.../~-- - n~~~~~SaN~__ INc.,....---.._......_....... _
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Ted H. Ty Ass'tsn,~,n. A North CaroZina corporation.
Signetl, sea~ and de[iver in the presence oj: ~
- Br-•~-~-~-'~_r-,~__'__~._._ r'._ _ .
~ - ~ WaZter C. Crowell, ~ri~
Executive Vice President
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As to Mr. Crow 1 Mr. T son F ~E4 ?tGqkpED
i~. Wi;lE i:dtl~1TY i~A.
ac4t~ ~~~-a~a
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aFr.oR~ ~EF~siE4.......~'
Of F LORI DA r~Ar ~ T i e PM ~r3
~ounty of M~~ T~n~ 2~46~6
I HEREBY CERTIFY ei~~ il~:s dor. brJo.e w,r. e„ o//;c~ ddr ~J,o.jred jn d~s Sws and C«vr7 a/a.awd w ioL ocb~ow,f.dy-
~Rt~• ~«a?h~~ Walter C. Crowell and Ted H. Tyson,
~E~C~cYt~i~ Vice Pre~ ~a. Ass't Secretary .~~,:~t, ~ uw ~.~;;~_;,,;~,a
mo?Igogor in ltie ~ortgoing inslnunenl. and t~wt ltier sratra~~r ac~r~tdged ezseuling ltit same, in ttie
. Dn~ ~ ~w:Yu~biwp ~Wd~tafes.
(rrel~ and ooluruaril under autl~o+il ddy eesled ~n ~6e~n 6 said eor • ~~~e i
r r r v~+~ and I~OI ~1~e ,~d a/(ixed ~1~ereto ts tl.. au`, i, v~ o(r,.
~d ~~~a,,. - 1 - • ~
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WITNFSS ~nr I+and ad o(/iciol seo! tn J~e Cou.uy o.d Seae lost oJone,dd I/ris ~
a n. ~9 73 . ~ ! ~ 3 -
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Notary ubl ic
State of Florida at Large~:
My "Commiss ion expires : 6/~~~js
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Darrell Fennel l ~ ~ ~ ~ la, 1975
"l/ris hwnu~rc~tt prePrnrd by: . ~~~y u:~,rance ~o,,
P.o. Box 768
A~~~ Vero Beach, Fla . 6;Rr ~~'t C~G?" U~9
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