HomeMy WebLinkAbout1986 anc~ sha~I pe~~orm, comp~y with and a61de by c~ncl~ nnd e~~ery ihe agreemenfs, sf~pu~ationi, co~t/itlo~t artd
co~~enanl~ thereoj, and o) Ihis mortgage, lhen this mortgage and tf~e eatote herebr cnwted, sl~a~l ceose, d~-
Iprmine and 6e null and i~oid.
j~ s. ,~5
71~ fhp mo~tgaflor her.+by jurther covenanis and agreea to pay prompfly when clue fhv prtncipal ancl
inter+esi ancl other sums o~ money providet~ (or i~ aaic~ nofe and Ikia mortgoge, o~ eiftier; to pay a~~ and
singula~ fhe taxes, asspssments, Ievies, lio6ilities, o6llgations, and encum6rances oj eveh? nnture on satd pro-
perly: fo penr~if, commi! or su~~er no wasfe, impairmenf o~ delerio~nfion oj ani~ ~and o~ ftie tmpronementt
lherwon at any lime; fo ~evp the 6utldinga ~ow or herPa~fer on .aid land f ~lly t~w~d in a sum of not less
~tia~ full insurable value
in a company or co~npnnies acrepta6le to tha mortgagee, the polic~r or poltciea to 6e heW 6y, nnd poya6le
lo, saic~ mortgager, and in f1~e event any su~n o~ money becomea ~ya6t~ 6y vt?tue oj such in~ur+nnce tke
mortgagee s~a~~ haue fhe right to ?ecetve and npply the same to Ihe inde6tedness kere6y secured. acc~owtfing
lo tl~e morfgagor (or any surp~w: to pay a~~ rnsts, c~a?gea, nnd expenses, tnc~uding ~awyeis fees and titis
sparchps, ?easona6ly incurred or paid by the mortgagee becuuse of !~e (ai~ure of the morfgngor to prompflr
ane~ (u~~y comply wifh f{~e agreements, stipu~ntions, conclittona und covennnts o~ said note and lhia ~nortgag~,
or eit~er, fo perform, comply witl~ ond a6ide 6y each nnd e~ery t~e agreemenls. atipu~ntlons, conditions and
covenants sef ~orf1~ in said note and ftits mortgage or eilher. In !he even! 11~e mortgngor ~al~t to pay whe~
.
due any fnx, asses~ment, insurnnce premium or other sum o/ money paya6le 6y uirtue o~ said note anc~ t~~
morlgage, or either, t~e mortgagee may pay t~e same, wit~ouf wniuirtg or a~~ecting f/~e optton to jorec~ose
o~ any otl~er rigl~t I~erpunder, and nll such pnyments shal! 6ear interest jrom date tkereoJ at !he higkest law-
(ul rote tl~en allowed by ~h~ lawi o~ t6e Sfate of Florida.
~l any sum o~ money herein re(erre~ lo be not prompf~y pai~ u?ifhin 15 duys nexf a~ter
the snme becomes due, or i~ each anc~ every f{~e agreemenls, slipu~afions, condttions and rnvenants of said
note nnd Ihis mortgage. or ett?~er, are not (ully pe~~ormed, complied with,•nnd a6~ded 6y, the» the enlire
sum nten!loned in ~aid nole, and eh~~ mo?tgage, or the entir+e 6alance unpaid ther~wn, al~n~l ~arihwith or
ttierea~ter, nl the option o~ !~e mortgagee, bernrne nnd be due ond puyo6le, anything in sale~ note or ~erein
to Ihe conira?y notwitl~standing. Foilure 6y t1~e rnortgagee fo exencise any o~ the rigtits or opHons ~e?ein
prouidec~ s{~a~~ not consfifufe a u~uiver o~ any rig~fs or oplion: unc~er iaid note or ttiis nsortgage occrued or
therea(ter accruing.
n ~LI`~ ~0 ~ f~e said morfgagor has hereunfo st9ned and spaled tl~ese presenls the
~ay an~ year jirst ahove wriften.
Signed, sea~ed and deli~=ered in t6e presence o/: "
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~o er
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STATE OF FLOKIDA, ~
CoU~vTY oF INDIAN RIVLR
I HEREBY CERTIFY 4hat on this da~. be[ore me. an
ofticer duly authorised in the State a(oresaid and in the County aforesaid to take acknowkdqments~ personallr appea+ed
John Miller
to me known w br the person described in and who executed the foregoing instrument and he acknowkdged
before me that hg e:ecuted t6e same.
WITNESS my hand and of(icial seal in the Countp and State last a(oresaid this 7~ dar d
March A. D. 19 ']t} ~
f~LEC ,a~~ "•~:.vRDEO
S7. WC~~ COUkTY FLA.
~oc : : : -;~~raas - - - ----r.
~
~~r~~ .,~^'T c~~uRt N ary Public State of Florida
R c r r. f G; c_..- t'~.
at Large. My Commission Expires:
aP~ 3 9 4s AN~za
2'78430 _ : - .
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ri,u r,Wn,,,,F~,~ pn~nd by: SAMUEL A. sr.,ocx _ . . - ~ . ° _
.a~~d,~u P• BD}~ 19~0 `,..e .L v~~' •
Vero Beach, Florida 32960 F~ ~A ~ z~; -
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~~'~225 p~GEi 83 ,
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