HomeMy WebLinkAbout2182 and sl~nll pe~(am. c~nmPly u~ith und a6~de 6r ~ and e~~ery tF~~ ngn~nunts. ~tipulat~wu, c~onditlo~a and
cownanb therooj. and o~ th's mortgnAs. Iken this mortga9• and tl~s ~atat~ h.~.6y arat~d. s1wU c~o~r. d~-
tsrmine and 6e null and uotd.
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~ ths ntortgagor i~~6y (u~h.r co~n~a and nenes to pay ~omPtlr when dun 11~~ p?ti?Npol and
intenast and othe~ swns of money proutda+d (or in satd ~ote and tkb mortgap~. or ttl~~r: to Pa7 au
singu~ar fhe taxes, assessmenfs. ~eviat. ~iabi~itles, oblt~atto~, and enc+++n~+ancss of n°f~''r °n p~°-
parly; tq permif, eon~mit or su~~x no tvaite. in~pat?ment or dvlee~iomtlon oj satd ta~d or t~t improvenunb
tkereon at any tinie: !o I~eep the buildings nour or Re?ea~ler on snid ~and ~ully insarsd tn a stun oJ not 4sa
tknn Full ineurable value
i~ n companY w compnnin acceptabG to fha n?ortgagea. !ke po~ic7? or po~iciaa io bs h~ld 6y. nnd palrab~
to, satd mortgagee. and tn the envnf an~? surn of nioneY beeomes ~ra64. 6y ui?tw o~ suck inaur+onc~ th~
mortgngee ahnll I~a~e tl?e rigkt to recetw and npply tke sane to the indebt~dness I~ero6Y secu+~ed• ac+ooun~tnA
to the mwtgngor ~o~ any ~urp~us: to puy a~~ cosb. cha?ges. and eacpentes. inc~ca~ine ~awye's ~sos arec~ tit~
searcF~es. reasonn6ly incurred or poid 6y the mortgagee beoawe oj tl~e fatlw+c oj Ihe mortgaeor tu Prompt~l? ~
nnd ~ally comply witl? tke agreernenb, stipu~otions, c~w~ditiona and covenanb oj soid Rot~ and t~b n~o?t9a9~•
or eiltie~: to per{orm. oon+nly wi~h a1d a6~de 6y ~.cF~ atd every the ags+aemenb. stipt~atlc~s. oondiNons and
covenants set ~ortl~ in suid not~ a.~d th~ rnortgage or eithen In the event tke mortgagor /aila to puy w1?~n
d~ ~y e~r. asseument. insurnnce p?emium or ot~er sum or moner ixi~6l~ 6r virtue of said rtot~ and t~ts
morfgage. o? eitker. t1~e mortgagee may paY the sane. wifhout walvtng or o~f
ectir?9 ttie option to lw+ec~ose
or nny other ?tght I~e~eunder, and all sud~ paynwnb akall 6ear interest ~rom dnte thsneoj at tl~e htgl~est lau~-
~ul rnte lhen allowed by the laws o~ tl~e Stnte o~ Fiorida.
~L any sum oj money herein reiene~ to be not promptly paid wifhin 10 da~?s next ajter ~
the same becomes due, or ij eac1~ a~d euery the ngreements. stipulntions, conditions and covenanb a) satd
note nnd tf~is mortAage, or either, are not jully pe~ormed, eomplisd with and nb~d~d by, tl~en tke e~ti?e
sum mentioned tn aaid note, and this mottgage. or the entine bn~an~e unPaid ~I~ere°n, sl~all (°rthu~ith or
therea~ter. nt f~e optlon oj t~e mortgngee. 6ec~ome md due and pnpable. anyt~ing i:i aaid nob or h~in
to the confrary notmitlutantling. Failure by flte mortgagee to exeiriae any of tke rig~b or oPHons herein
providec~ s~a~~ not c~onstifute a wniver of any rtg~ts or optfons under snid note or tkis rno?teuge acY.TUed a
t~ereaJter accruing.
~n ~~~l~ the aaid mortgagor I~as I~ereunto signvd and senled theie presents the
dny and year ~int above writte~.
Signed, sealed and deliver~ed in t6e presence oj: !
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~~IfG.!-s•-r ~ ~~tQ_..: ~''2_--- T`---------------------------------•---•--•--•-•--------~
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~ Teresa H. Brown
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STA'I'E OF FLORIDA. ~ _
CoUNC~t oF Indian River
i HEREBY CERTIFY thae on d?is dsr. before we.
ofCctr duly authoriud in the State aforesaid and in the- County aforesaid to uk~ acknoMrkd3meets. peno~sUf' ~PP~s~
Richard H. Brown and Teresa A. Brawn, his wife.
to ~ known to be the penon = descn'bed in_ :nd who ezecutcd the (orrgoins instrument and thQy ackno+?kdaed
before a?e that they executed the same.
WITNESS mq hand and otficul seal in thr County and St~te last aforetaid this 9th ~}'Y9f
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{ ~ Notary Pu~lic, Stateof Flori~ a~~~';f'"~ ;
CL£ItR Cta 1~0 ~ ~S MY tommissian ez~~r_~ August.2l; ~6:-;<:~-'~:" ~
REC4R0 YEr.IF ~ti~:' • - ~ ~r ~ . =
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First Cftrus Bank of Indian River County formerly
lfi,is hrs~nu„~•?,~ pn•p.~rr'c! hy:
The Iddian River Citrua Bank
~I,/~/rr_cc P.O. Box 1269 pO~K~', PAGE~~~
Vero Beach, Fla. 32960 _
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