HomeMy WebLinkAbout1232 nnd shall pc~jorm, ron~ply ~vil?~ and al,ide by enc•i~ and ei~ery ihe agreentents, stipulati~n's, rondittons and
conena?~fs f~~ereoj, ane~ o( f~i(s morfpn~~e, tl~en fl~is murfgage ancl IF~e Pstafe ~eretiy crwafc~, stia~~ cense, t~e-
~PIIIIIIIP QII~ f)P /Ill~~ A/ll~ 1'OI(~.
~ln~ fha morlgaqo~ ~~eroby (urltier covpnants and agn+es fo pay prornptly wleen deie the prlncipa! and
infernsl anc~ otl~e~ sums ol mo~u~y proaiclecl ~or en salt~ nole and fhis mortgapn, o~ eifher, to pay a(~ and
singtr~~r rhp ~RXPS. assessn~enfs, ~ee~ies. ~iabi~ili~s, o6~J~ations, an~ encumbrances of e~~ery natiue on snid pro-
pe~fy: !o ~ermfl, commil or su~~er no iunsle, impairme?~f or deteriornlion o( saic~ ~anc~ o~ Itie ~mprovements
Ihpmcn nt n~~y IimP: to ~PPJ) 1~~e tiui~~~inc~s no~n o~ ~~Prra(I~r on sai~ ~an~ Ju~~y insured in o sum o~ nof ~ess
than N i L
in a company or rom~x~ni~s acreplaLlp to Ihe mortflaflee, !he po~icy or policies,lo 6e l~~id by, and ixiya6ie
to, sald morfpage~, an~ in I~~e ~venf ~ny sum of mo~~ey 6ecomes pnyable by virfue o~ such insurance lhe
~nortga~ee shall hai~e the ~i~1~t Io ~P('PII~P and apply IF~e same to tl~e indebteclness hereby se~cu~ed, acrounting
to f{~e mo?tga~or Jor any surp[us; fo pay a~~ cosfs, c~a?ges, a~cl eXpenses, including Iawyer~s (pea antl tif~e
seaerh~s, ~PQSOIIAf~Iy i?uurre~ ur ~?~~d by rhp mo?fga~ee 6ecnuse of f/~e Jai~urr o~ ftie morfgagor to prompt~y
t
ancl ju~~y comp~y u~ith the a~reemer~~s, sfipulafions, conailions an~ iro~~e»anfs o/ said nole and ihis morlgage.
or ei~J~er: to perform, romply eoill~ and abidp by each anc~ every f~~e agreements. sfipulafions, condil[oru anc~
coi~~nanis set /orth in said note nnd this mortgage or eiihe~. In the voent the mortgagor /ails to pay wl~en :
d~u? a«y ~px, assessmenl, insurance premium o~ other sum o( money payable 6y virlue of saicl note nncr I~is
rrto~tgage, or BIII1p1, I~~e morlgagc~e may pay itie same, wifhouf waiving or aj~ecfing (tie option to Jorec~ose
or any olher ric~l~t {~erpi~nc~er, Q?1(~ such payments sl~all 6ear inferest J?'01?1 (~Q~@ ~IIPMOf Q~ ~~P ~19~hS~ IqU7-
rlll M~P II1PA UIIOWQI~ ~>y ~/iP IOlOS O~ I?IP ~IQIP ~OJ FIOf1~Q.
~l nny sum oJ money Iierein re(errc~ fo he not prompt~y paic~ wit~in thirty (~~aqs nexf a~te~
the same 6~~-omes due, or i f each and enery II~e agrQemrnts, stipu~ntioris. conclilions und coi~enants o~ sait~
note anc~ fhis mortgage, or eilher, are not /ully perjor?ned, rompliec~ wif~i and a6ided 6y, tl~en (~e entire
sum mentioned in said note, ~nd fhis mo?tgage, or the entire balance unpnicl tl~ereon, sha11 /orihwith or
1{~ereaJte~, al fhe option oj f~~e mortga~ee, become ana be e~ue nncl payabje, anyf~ing in saitl ~ote or herein
to t{~p contrary nohnil{ist~n~ing. r=ailur~ l~y t~e morfgagee lo exercise aay o` the rigtits or opfions ~erein
prouided shal[ noi consfitufP a u~aFt~~r n~ any riryhts or options tenc~er sai~ notp or fhis mortgage accrue~ or
fherea~f~r accrui~ig.
~n ~itness ~hereof~ tl~~ sai~ rnortgn,yor ~ras hernt~nfo siqnerl and seale~I these presenfs Ihe
clay artt~ y~r ~irs! aho~~p e~~ritle~i_
$ignet~. s~~~et~ ant~ t~e~inerec~ in t~~e pr~s~nce o~:
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STATE OF FLORIDA, ~
GpL'~"CY c~F INDIAN RIVER
I HEREBY CERTIFY that on this day~ before me, an
officer duly authoriz~d in the Statc aforesaid and in the County a[oresaid to tak~ acknowledgmcnts, pcrsonaliy appeared
~
GE(~RGE A. BECflTOLD and RACRELLE BE('HTOLD, his wife ~
to mc known to br the person s dturibed in and who exccut~d the (ore¢oin¢ instrument and Whn acknowkdged ?
befo~r me that theq ~x~cuted the same. ;
s
~~'I7'~iESS my hand and official scal in thc C.~unty and Statc lasc aforesaid this day of
~,~GQ.~'~. A. D_ 19 ~3. ~ ; - . .
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