HomeMy WebLinkAbout1955 and shall p~rjorm, comply u~i1h a?~d ab~d~ 6y ~-h a~d every the agreemenla, ~IJpulationi, co~dittoni a?~d
eo~~enanls thereo~, and oj this mu~tAas~e, Ihen lhis mortgape p~d thF esiate he?e6y created, shall caase, de-
tp~mine and 6w null ancl iwid.
~ Ihp mortganor henr6y Jiuther couenanla and ugreea to pay prompt[y when due !he p~tncipal nnd
inleresl antl otl~er sums o~ money prouided Jo~ t~ suid nole and thia mortgags, or etther; fo pay oll nnd
s[ngu~ar Ihe fa.rps, asspssments, ~evies, Iia~~iliiies, ob~igalions, and encumbronces o~ every nature on taid pro-
perly; to permif. c~ommif o~ suf
Jer no u?asfe, im{wirmen! o~ defertoralton o~ said ~and or the Improvemenfa
Itip~rc~ af A~ly IIRIP: to ~PPP I?IP 6uildin~s now or he?ea~t~r on sald lund ~u~~y ins~uecj in a sum o~ nof ~ess
Ihun
in n~-ompany or companies accrpla6le to t6e mo?fgapee. Ihe policy o~ poltcies to 6e held 6y, and payo6le
to, said mortpapee, and in the event any sum o~ money 6ecomes paya6le 6y virtue o~ such insura~ce tl~e
mortgagee sI~aII {~ave ll~e ri9ht to receiue and apply the same to tl~e indebtedness here6y secured, acc~ounting
to the mo~tga~or (or any surplus: lo pay all costs, cha?ges, nnd expenses, including lawyer i(ees and t[Ile
searches, rpasonahly incunecl o~ ~~d 6y tf~p morfgagee bPCause o~ ttie ~ai~w+c? o/ fhe moHgago~ to prompl~r
and ~ully comply wif~ I~e agreemenfs, stipu~ations, rnncriltons and rnvenanls o~ said note and tl~is Mortgage.
or eitF~er; to per/o?m. comply with and abide 6y eacl~ and every the ngreeme~ta, atipulationa, oondilions and ,
cooenanis set jorlh in satd note and this mortgage o~ either. 1n tl~e e~ent the mortgagor ~ails to pay when
aue any fax, assessment, insurance premium or oiher sum o~ money paya6le 6y virtue o~ said note anc~ ttiis
mortgage, o~ eifl~er, t~e mortgagee may pay f~e same, withouf watving or a(~ecting the option fo Jorec~ose
or any other right hereunder, and all such payments sha~l 6ear inlerpst ~rom dute tl~ereoj at the highest lau~-
(u~ mlp Ihc~n a~~owe~ ~y f~e ~a~us o~ the Stafe o~ F~oric~a.
any sum of money ~erein ~e~PnP~ IO he not prompt~y paid wifhtn t}11Tty daYa next uJfer
Ihe same becomes ~ue, or i( eacti ancl euery ihe agreemenfs, stipulations. conclitions anc~ covenants of saitl
rtote artd thts marfga{jF, or ~:thcr, are not f ully pnr(ormed, cc~mplied wii6 and n6tded 6y, then fl~e entire
sum mentioned in said note, and Ihis mortgage, or the entire balance unpaid the~eon, shall forlhwith or
Il~ereaf ter, at II~e opfion o( the mo~tgapee. 6ecome and 6p due and ~ya6[~, anything in said note or I~erein
to fhe contrary notu~ithstandin~. Failure hy -!~e morfgagee to exercise any of !he rigtifs or options heretn
pronided sha~~ not conslifute n u?aiver o( any riflf~ts or opfions under saic~ note or ftiis mortgnge accru~ or
t~ipreojl~r accruin~.
Dn ~itness ~hereof~ 1~~e saic~ mortgagor has I~ereunlo si~netl nntr sea~e~ these presenfs Itie
cray anc~ year ~irst a6oi~e irriffen.
Signed e Ipd and d~linerp in tF~e pr~s~nce of :
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THOMA R. MARCO
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As to R. MARCO
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STATE OF FLORI . ` ~
CO[,'\TY n..~•
1 HEREBY CERTIFY that on this day, be[ore me, an
officer c(uly authorized in the Stat~ aforesaid and in the Count~ aforesaid to tak~ acknowkdgments, personally appearcd
THOMAS R. MARCO
to me known to be the penon drscribed in and who ~TifCU~fd the for~qoinq instrument and he acknowkdged
lxforc me that he cxecuted the same.
~~'17'\ESS my hand anci of(icial seal in thc Co~nty and Stat~• last a[oresaid this ~th day of ~
j~jgy A. D. 19 7 4.
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1. ~ F~~EO ~Ha RE~~aDED Notary P ic State of Flori a =
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TRAS`R s J_ ' At Larg ~
' CLERK C:i,~~~T GOU " ~
_ ~~:=.1~ ~ _ pFrfl~~ ~cc:~r~E~...----~-~ My Commission Expires : 1~ i~n j76
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William J. Stewart
%7ris Ins~ni~n~n~ p~prrrr~l by: P. 0. Box 760
Vero Beach, Florida 32960
p ~ i PACE ~~J
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