HomeMy WebLinkAbout1613 Q~I(~ sr1u1! _~~l r~u~m lvn~~~ir u u.u¦ ua .ur o~ . ~ Zs • '•r• • - ^
coi~enants Il~e~eu(. ~nc~ o~ ilus ?nurlf~as~e. Il~~n Il~~s morl{laflp anc~ thP eatote hereby crpatec~. shall cetue, c~e-
IPrmine an~I I~ ?~uII an~I t~oic~.
~n~ IhP morfga~~or Iierehy (iwl~~er covei~anls anc~ aAree~s Io pay promptly when due Ihe principal and
interesl ancJ ol{ier sums oJ muney provic~e~ ~o~ in ~sait~ nole and fhts mortgage, or eilhe~; fo pay a~~ nnd
sinpu~a~ ttie fn.res, ass~ssmenfs, ~~vips. ~ta~t~ili~s, ob~iflafions, and encum6rances of every nulure on aaicJ pro-
perfy; to permil, commil o~ su(fer no u~asle, impairment o~ c~eteriorntio~ o~ aatc~ ~ancl or fhe improvementi
lherncn at any lim~: to kpp~, ~h~ buildin~s nou~ or hereaft~r on caid lan~ ~ully insured in a sum o~ no! lesa
than
in a companv o~ compani~~s ncc~pfa~~e lo I~e morlga~ee. ihe po~icy o~ po~tcies fo be I~pld 6y, and paya6le
to, saitl morlpageP, an~ in I~P c+vent any sum of ~+toney 6ecomes payab~e by virtue of such insurance t{~e
. mortfla~ee shall ha~~e fhe ri~h! fo ~eceiuP and apply Il~e same lo Ihe inde6tedness he?~e6y secured, aceounting
to Ihe morfga~lor (or any surplus: to pay a~~ costs, c{~a?ges, and expenses, inc~uding ~awyer
s ~PPS ane~ til~e
searcE~PS, rpasonn~~~y incurre~~ or pai~ tiy 1/~e morfgagee ~?ecause of ihe /ailure of f~e morfgagor lo prompf~y
an~ ju~~p ~omp~y u~ith the apreemenls, stipu~alions, conclilions an~I rnvenanfs o~ saicr nofe an~ Ihis mortgage.
or eil~ier: io per~orm, comply u~itl~ und a6ide by each ancl Pvery !he ag~r.emenls, slipu~nlions, condifions and
co~~enanls set jorfh i?~ said nofe and this mortga~e o~ eilher. /n the event Ihe mortgagor Jails b pay when
d«e a?~y tar, assessment, insurance premium or oll~er sum o~ money paya6le 6y virtue of sai~ nole on~ t{~is
morfgagp, or eil~~er, 1~~e mort~nye~ may pay Ihp same, u~ifhout «~aivin~ or ajJecfing t{~e opftort fo Jorec~ose
or any olher rinl~t I~ereu?icler, n?id a~l such paymenis sl~all 6par interpst /rom date thereof at iRe higl~es! ~au~-
(u~ rnle 1{~en allou~~l 6y fl~e lau,s o~ tlie StatP o~ Florida.
D~ any sum o( mon~y {~Preiri ~e~errec~ l0 6e not promptly paid within thirty days ne.rt ajfer
Ihe same 6eco?nes due, or ij eacli ancl PDPIy IhP al)?PBI?lP?IIS, slipulafions. conditions and cni~enants of said
nofe an~ Ihis mortgac~e, or eiihpr, are not fully per~ormed, complied will~ and a6~dpd 6y, f{~en I~e enlire r
sum mentionpd i?~ snid note, and Ihis mortqage, or the entire balance unpaid tl~ereon, shall jortl~with or `f~
t{~ereaJfpr, af Ihe apfion o{ f~~e mort~n{~e~, become and 6e due and paya6le, anyftiin"g in sai~ note or tierein ~
fo ihe ~onfrary nolwiflislanclinc~. Failiire 6y fhe mortga~ee to exercisp any oj the rig~ts or options herein ~
provicleal stia~~ nof constilulp a u~air~r o~ any rights or opfions uncrer sai~ nofe or Ihis mortgagp accruee~ or
itiereajier accruinn-
~n ~~lll~ ~~~~1~ Il~e said mortgngor has Iipreunfo signe~I nn~ sealerl fhese presents the
~ay an~ year ~irsf ahove inrilten.
$ignec~. sea~et~ anc~ t~rli~~~rncl in 1{~e~ pr~sence o~: -
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" JOSEPH 0. LaBOhTE
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STATE OF FLORIDA, ~ ~
~ COG\TY OF INDIAN RIVER
I HEREBY CERTIFY that on this day, before me~ an
; offi~er dulv authorized in the Statc aforesaid and in the County aforrsaid to tak~ acknowledqmcnts, pcnonally apptared
; JOSEPH 0. LaBONTE
~ to mr known to tx the prrson describcd in and who execut~d the for~qoinq instrument and he acknowledgcd
befom mc that he ~x~cuted the same.
~~'I7:~iESS m}• hand and official seal in thc County and Stat~ last a(or~said this day o(
March D• 19 74. ~
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~ ~otary Public, State o Florida
; At Large. .
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,~~.u , My Commission Exp~~as~'~ i~
f • L.~ Y f1.~- .'~3~' ~ ~ ~.i
S~!-t~ :'`k»~.s,nt (NOTARY SEAL). ~ ,,,3 : =
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~ !%,is I~,_~m~,~~~-~rr pr~p~r.~-~f Iry: Wi lliam J. Stewart , Esq .
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P. o. BoX ~bo o w 225 ~cEi~11
~1`/`~h=u Vero Beach, Florida 32960 80aK
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