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HomeMy WebLinkAbout0881 ' ~ an~ shall per~orm, rnmp~y u~ilh and a6ide by ench und ei~ery f~e agreements, sNpu~nlio?u, condttioni nnd co~~enants thereo/, and oj thts mortgape, then Il~it mortgage ond the eatate here6y created, shall ceaae, d~- te~mine and 6e null and iw~d. _ ~ fhe mo~lga~o~ hen~by (url~er covenu~ts and agrees !o pay promptly when due Ihe princlpal and interest and other sums oj money provided /or tn satd note und this mo~tgnge, o~ eitfte~; to pur uI[ and singu~a~ ftie ta.res, assessmenfs, lPU1PS, ~ ~iabi~ilies, o6ll9nlto~s, and encumbrance: of every nature on satd pro- perly; to permit. commit or su((e~ no u~aste, impairmenf or c~eferiowtion oj snid tund or t~e improuements tl~erecn at any lime; to k~eP ihp buildin~s now or heren(ter on ~aid Iand (ully Insurecl ~n a surn o/ not Iess t~an in a company or companies accepfab~e to the mortgagee, the poltcy or poltcies to 6e /~e~ by, and poya6le to, sai~ mortgagee, and in ~hp et~en! arey sum o/ n:oney becomes ~,ya61~ 6y i~irtue o~ such insurance the mortgagee sha~l hae~e+ the rig~f fo receive and apply the snme to Il~e indebtedness here6y secured, aceounfing to t/ee mortga~or Jor ony surplus: to pay a~~ costs, cha?ges, nnd expenaes, inc~uding jnwyer's rees and itt~e senrches. reasona6ly incurred or pa~d 6y ~he mortgagee 6ecause oJ the fnilure of the mo~tgago~ !o promptly anc~ Ju«y comp~y wii~ t~e agreements, slipu~alions, eonc~itions nnd rovenants o( snic~ note ancr t~iis morlgage, o~ eilher: to per(orm, cc?mply with an~I ahide by ectch and every the ag~ements, stipulnttons, eonclitions anrj covenanfs set forfh in said nofe anc~ t~is morlgage or eiff~er, jn the event Ihe morfgagor (ai~s to pny w~en due any tax, assessment, insurance premium or otF~er sum oj money payable by vt~lue o( said note ~d ~hFs mortgage, or either, the morfgagee mny pay t{~e snme, without waivirtg or ajjecfing the oplion to ~oreclose o~ any ofher ?i~ht heceunder, nnd nIl such paymenfs s~Q1I bear interes! (rone date J{eereoJ at !he {~igl~es~ law- (u~ rale Ihen a~~ocuec~ hy t~p ~aws oj fhe $tate of Floricla_ any sum oj monPy herein re~errec{ to be not prompr~y paid ruitl~in fifteen days next aJfer t~e same beromes due, or i~ eacf~ and every !he agreements. s~ipulations, conclitiona nnd coi~enants o~ said note and this morl~aqe, or either, are not jully per/ormed. complied wi1/e and ob;ded 6y, lhen the entire su~n rr~entioned in seid ROIP. QI2~ I~%S rnorfgage, or t{~e eniire bnlance unpaid thereon, shall jort6with or IleereaJter, at th~ option o) !he mor~gagep. 6ecomp nncl 6e due and payable, nnything in said note or 1~erein !o l~e contrary nolu~ifhstanding. Failure by tf~e mortgagee to exerrise nny o~ the rig{~fs or opfions ~erein provi~ed sha~~ nof conslifute a u~ainer o( any rig~its or options under sait~ notp or I~is morfgage accrued o~ ll~erea(ler accruin~. ~n ~V~ln~s ~~~Q~t~ t{~e said mortgagor ~ns {iereunfo signecl and sealed these presents the - ~ ~uy an~ year jirst abone ~oritfen. S' ned, sealed and de(i~~~recl in f1~e presence oj: , - - ~ _.C~`^,~''~------- - - - - - - - ,~~.f • / , ; Ro erta T. Holland , _ -~-----...-.i ~ ~"'=u~--. -,K ~l~.~j--.....---- . - ~ ~ . - - - - - - ~ - ~ 1 i F STATE OF FLORIDA, ; COUNTY OF Iil(~1SL1 R1VeY' • `'s I HEREBY CERTIFY that on this day, be(orc me~ an ~ offic~r duly authorizrd in the Stat~ aforesaid and in the County aforesaid to Wke acknowledgmenu, personally appeared i ROBERTA T. HOLLAND, a single adult, t $ to mc known to b~ the person described in and who executed the lor~goinq instrument and S}i@ acknowledged ~ ; beforc me that she ~x~cuted the same. 3 ~ ~~'I7;~iESS my ha~d and o((iciai seal in the County and State last aforesaid this `~$t~'1 ~~"i""dY~, fl,j ~~t~~~. ' December A. D. 19 `J3. ~ - ! ' ,r~'' ~t~.'~ ~ f - ~,:!7 /;Y j~ C:- : = Notary Pu#ilic, ~~Stat~ of ar ~ : - FtLED ~ti~ P.ECORDED t ~~t jG , g ; St.lUC1E GOUNtY F~~• ~ My commission expires: ; : " = ROGER ?411'RAS Q . CLEAK CIRC01~ COUR~ NOTARY PU6UC STATE OF FtpRtpA'•'T{~;~ ' RFC~?; YE~~f `EC rr~~ MY COA4MlSSION EXpfRFS APR ~f~.~9"l1~ ' ' , k` PN ~ONDED THRU G[NERAI INSURANCE UNDE~WRIlE~3 2'714'73 aQ~ 222 ~sf 881 This I,unr~»,~~ri pr~p~,?r~! by:GEORGE G. COLLINS, JR. ATTORNEY ,~~~~~nu 744 Beachland Blvd. , Vero Beach, Florida 32960 Y r;~ ~s ~ ~ ~ _ . . z . _ . . _ _ ~ x:.