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HomeMy WebLinkAbout2172 an~l shall p~~rJorm, r~~mply initl~ und abic~e ~?y eurl~ an~I YNP~y f1~e agreements, stiputafions, c-ondiliorts and CAI'P!1(//IIS t~~erc+oJ, ar;~( oj f~~is ~IIO?I(JAj~P. I~~en I~~is fllO1I(~A{~P an~I fJ~e esfafP {~ere~y ~rpQlPt~, s~+a~~ ceasa, de- ~PII?IIIIP A/UI ~)P ?11111 :111(~ lrpl/~. • : • ~ ~ 1~n~ 1~~~ mr •fgaqor ~~en~tiy ru?I~~~r cov~nanfs ancj agrees to pay promplly wleen tlue fl~p principol anl~ infervsi anc~ ot~u•r r;ur~s ~f n~wi.•y pru~-ic}c=c~ far in sair~ nole ~~:t~ l~:ia sn^r~Z~go, er c•i1{~p~, to pay a~~ anc~ si~inular f~~~ fu.rns, assrssnr~~nls, l~e~fes, ~ea~?i~ifirs, o~~~igolions, an~ Pncumh?ances oJ PVPry nafure on said pro- ~ p~rty: tn pe~rmil. commif or su~frr no irnsl~~, impairment or deterioration oj said land or fhe improvrmenfs I/~e~m~•n at ~~ny Iim~: Io Ir~~~p tl~~ he~ildinns no~n or herna(f~~r on snid Icuid )ully insur~d in a sum of nof l~ss 3 ~i~~R full insurable value in a i•ompany or rompanic~s arcepta~~~~ to I~~e marlgag~•e, fhe po~icy or po[ic•ies lo ~e l~e~c~ ~~y, a~~d Nayabr~ to, sairl morl~~a~~e~, an~r in I~~p ~~~~•nt any sum o~ money ~ecomes payab~e ~iy ~~irh~e o~ suc~ instuance t~e E morl,rya~~~ sha~~ {~a~~~ f~~e ri~~if !o rM-ei~~~ anc~ pPnly II1P SU?1IP (O ~~B tI1CiP6f~hBS3 APMdy SPCUIP~, accounting { t fo f~~~ morlc~n,ryor ~or any surplus: fo pny a~~ cosfs, c~ia~ges, anrl exppnsps, inc~uc~inp lawyPr~s (ees nnd fil~e searc~~es, r~asona~~ty incurre~~ or pai~~ hy I~iP mortga~c~e tiecause o~ f~e ~ailare oJ Ihp morfga~or to promptTy t ~ ane~ f u~~y ~•omply u~if~~ f~~~ a{~r~~em~rifs, sti~~u~efions, conc~ilions anc~ coi~enonfs oJ saicl note und fhis morlgage, j or e•if/~er; fo pP~~orm, ~omply ei~il~i an~~ QE,ide by ea~-h am~ e~~ery f~~p agreemenfs, sfipu~afions, co?ic~itions nne~ ; coi~~ieanfs s~t forl~~ in sni~ nofp on~ this mo?tga~e or eiftier. ~n ttie evPnt fhe morfgagor ~ai~s to pay u~hen ` du~ e?~y tar, assessm~~nf. insuranre prnmium or oih~r sum oJ money paya y t~irlue o~ sai~ nofe an~ this 6[p 6 ` mortga,ryp, or rif~~~r, morlt~a,ry~e may poy the same, iviftiout u~ait~inc~ or aJJecling ihe opfion lo fo~pc~ose 3 or an~ olli~r ri~~l~t liernund~r, nn~l ~II sucli payments sh~U bear interrst (rom date t/~ereo~ ~t fhe /~ighest 1au~- ~ (u~ r~le f~~~n ~~~ou~c~~ I~~~ ~au~s o~ 1~~~ Sfaf~ o~ ~'~ori~la. DL any sum o~ mor~~v ~~er~in rp(~~rr~~c~ lo ~,p not promplly pai~ wifhin thirty (30) <~ays ne.rl a~[er ~ l~i~ sam~ I~rrom~c ~ue. or ij ear{~ an~~ ~~~~ry 1~~~ a~~reem~~nls, slipulations, conelifions ant~ co~~enanls o~ sni~ ~ not~ and ~his mortc~a~~c•, or ~itl~~r, arn nol ~ullv p~rJornied, comp[ied u~ilf~ and abided by. tl~en 1he rnlirP sum mentione~I in said noi~. anrl lhis mort~~age, or tlie entire balance unpaid the~eon, sl~n~l ~o~ll~uyith or t{~erea(Ier, al Iho option oj 11~~ mo?I~~a~e~, bc•com~ and be due and paya6le, anythin~ in sni~ note or {~ereirt to t~~~ confrary nolinif~~slancling. /'ailurn l~y 1{~~ mortga~ee to ~xercfse anV of the ri~~ets or oplions ~erein ~ pro~~i~~E~~ c~~a« not conslil~~le• a u~ait•~r o~ any riry~ts or opfions unc~er saicl i~~f~ or t{iis mortgagp accrtie~ or t{~~r~~~l~~r nccruin~~. ~ ~n ~iD~~ness ~hereof~ tl~~ said mortgac~ur I~~s liPrP+e»to signed and s~n~et~ Ih~se presents fhe ~ ~ny an~~ y~ar jirsf ~r'~o~~~ ~~~riff~>rt. ~ ~ Sir~nr~l. s~~al~~l and ~lrlir~rnd in 1{~~ pr~srni-c• of : ~ . ; - - - ~ - - - - - - ~Ttiomas arsha ~ rnes = r. ~ rn~ .~~i~'~'~.....~~.~_. - Anna Belle Barn j~__.,T'~ . . ' ."""'/'.n" '..~Gf... . ~'~~~7YC~ ' r' ~ ~a y _ R ~ - - . r ~ i- l I~...r ~~!P R~rneS _ U" s-~~__ . . - . ( _ . . - - - - ~ - ~ ~ A to Mar SuC~Barnes Y ~ STATE OF FI.(IRIDA, ~ ~ a COU\TY OF Indian River ~ I HF.REBY CERTIFY that on this day, be[ore me, an offi~er du!}• authurizcct in thP Stat~ aforesaid and in thr County aforesaid to tak~ acknowtedqmcnts, p~rsonally appeared g THOMAS MARSHt1LL BARNES and ANNA BELLE BARNES, his wife, 5 to m~ known to br th~ p~•rsun S cleuribed in and who extcuted the (oreeoinq instrument and L(le~/ acknowledged befur~~ mc that they ~xccuted the same. ~ IT\F.SS my hand and of(icial seal in th~ Count}• and Swt~• last aforcsaid this day ot ' ~ a. n. ~9 73. ~ . ' . . - _ ~ , : , , ~,r~',, ; , ---'-1----... . 3 "•~.'c Notary Publ' , State of Florida at Large. ~ _ .~ia.'ry :Seal) My commission expires: D~ ~9, / 9~~, ~ ~ . y ` . . . . . . . . . . . . . . . . . . . ~ ~ r , STATE ~F FLORICDA. ~ o~ DOCUMENtARY~-::.~STI~MP + ~ c3~at o rc~v~~ruE~r• . , = = ~z~.~» 8 7. 5 0 1 ~ ~ - _ oz~. c .:i ' !%~:r Iuclni~~ir~d f~r~~~nri~l lry~ ~OOK~ rACE~~ . , ~ . ~ ;1 ~!~lr~ _~s ~ t _ ur > . , ~ . . ~ 2..