HomeMy WebLinkAbout0776 and shall per~orm, comply witl~ a~d a6ide 6y each und ei~ery tl~e ag?eQmenfs, sttpulation's, condilions nnd ~
co~~enants the?eoj. ancl o/ this mortgas~e, tlten thta mwt9age and the eslats kereby c?rated, shall cea,te, de-
termine and 6e null and i~oid.
~n~ Ihe mo?tga~or ~~ereby (urf~er rnvenonft and ogrees to pay promplly when due the princtpal nnd
intFres! and othe~ s~ims o~ money proutded for in saic~ nole and ftils ntorfgage, or ett~e~: fo puy a~~ anc~
singular tl~e ta.res, assessenents, leuies, lin6ililies, o6ligations, and encum6mncei of every natwe on satd pro-
pe~ty; lo pe?mif, commit or suf(er no waste, impairment o~ deleriomlto~ oj said ~and or fhe ~mprouemenb
tl~erecn at any fime; to Ireep fhe huil<Iinfls now or {ee?Pafler on said land ~ully Insured in a sum oJ no! less t
~han fUll insurable value
in a company ar companies accepla~~e fo tf~e morlgagee. ttie po~icy o~ po~icies to 6e {~eW 6y, and pnyn6le ~
to, sai~ morlpngee, ancl in fhc? even! any sum o/ money 6ecomea Poya6l~ 6y virfue o( such insu?ance t~e
mortgngpp shall have il~e rigl~t fo receive and apply Il~e same to the tndebtedness here6y secw~ed. accounting
fo t~e mortga~or (or any sttrpltu; to pay a~~ eosfs, c{~a?ges, ancl expenses, inc~uc~ing ~awyer s(ees a~c~ tit~e
seorc{~es, reasona6ly incurrecl or paid 6y t1~e morfgagee 6ecause oj t~e ~ui~ure oj t{~e mortgngor fo prompl~y
nna ~~~y comply with the agreemenls, stipu~ations, conditions and covenanls oj saic~ note and f~is mortgage,
o~ eif{~gr; !o perform, comply u~ith and a6ide ~,y eac~? an~ every the agreements, stipulations, condifions and
conenants set forfh in saic~ nofe and t{~is morlgage or either. ln fhe event t~e morfgagor ~ai~s to pay when
due any tar, assessment, insura?ice premium or ofl~er sum oj money pnya6le 6y virtue of said note and tl~is
mortgage, or eif~~e~, tf~e morfgagee may pay fhe same, witf~out waiving or aJtecting f{~e opfion to jorec~ose
or any olher rigtit {~erpuncler, nnd all such payments sF~all 6ear interest f
rom date thereo( at the I~ighest law-
~t1I rnle Ihen a~~OIU~ hV ~~IP ~AlifS.Of ~tiP SIQ~B O~ I-~Orllra. .
~L nny siim oJ mon~y herein re(erre~ lo be not promptly paid wifhin thirty tluYs rtext a~ter
the same becom~s due, or i j eac1~ and every fl~e agreemenls, stipulalions, conditions and couenanls oJ said
note nnd this mortpaqp, or either, are not jully per~ormed, complied wilh and a6~ded 6y, tF~en fhe enlire
sum mentionecr in sai~ nole, and ihis mortgage, or t{~e entire 6a~ance unpaitl the~+eon, s1~al~ forlhu?itl~ o~
ftierea~ter, af the~ option o~ f~~e mortgagee, become ancl be clue and payable, anyt~ing in suid note or herein
!o the conlrary ~otu~ilhstanding. 1=ailure by Ihe morfgagee to exercise any of t~e rig{~ts or opfions ~ereln
pro~~i~Icnl stia~~ nof consfitulP a u~ainer oJ any ri~/~fs or.options uncler sai~ nofe or f{~is mortgage accrued or
t{~erea(ler accruing.
~n ~~~l~"S ~~eaLO`~ f~i~ sni~ morfgngor has I?erntinto signec~ ancl sealecl Ihese p?esenfs ffie
cray AR(~ year ~irst ahore u~riflen.
Sl9 SPQ~P~ OII~ ~P~II•Pf t11 ~ ~IPSPIICP O~:
~ - t ~ ~ ~~~f~-~_ . O t~
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Margai`et H. Putz
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f As Margaret H. Putz
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STATE OF FLORIDA, ~ .
~ CnC\TTY OF Indian River
I HEREBY CERTIFY that on this day, before me. an
~ officer duly authorized in the Stat~ a(oresaid and in the County a(oresaid to tak~ acknowledqments, p~rsonally appeared
Margaret H. Putz~ an unmarried adult
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~ to me known to ~ the prnon described in and who ~SKUIfa the for~qo~nq instrum~nt and S}le acknowledqed
~ befor~ mc that S}lg ~x~cuted the same.
~ ~~'I7"\ESS m~• hand and ofticial seal in thi• County and Stat~~ last afor~said this 2 7 t]l day of
~ A. D. 1 ~ 3 .
~ December
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~ Not y Pu lic, State of Florida t
at arge. My Commission expires:
~:a
~ i~~~ ~CUM~r~~~' ~
r OMM SSION~EXP Rf5 N01I. ~I~t~
tu~
~ ~ONOED TlIRU GENERAL INSURANCE UlAElWRIfE1:
s~ P.OGti fqi
t CO~~t
~ Cl.~~ Y~{';F~EC' . , -
~ PEf.~R~ ~•~3 Boo~222 776
D~Z~ aSZ _ . . . . :
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~ 2'71401 = f, ° ~ ~`a.~v _
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~ B ron T. Cookse ; o~
~=x !lris Irrslrrnri~•nl pn f~~tr<<l ly: Y Y • F~~ ;,14~~
~ P.O. Box 760 ~
~ ~1~~~~n=~ Vero Beach, Florida 32960
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