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HomeMy WebLinkAbout0497 i ~ unr~ shol~ p~~r~orm. run?~~lv u~i1h on~~ al,i~~~ 1?y eacl~ tuu~ ~•orry 11~~ a~rn~•menls. stipu~alions. ronditions unt~ i•oi~~~nnnfs I~~~~n•u(, ruu~ u~ f~~ic murl~~aq~. I~~~~n 1{~is muNgn{~~• an~~ 1{u• PSIQIP IIP~P~V crv~~fvc~. s~~n~~ cease. ~P- ?e~rmin~ un~~ ~~c+ ~u~f~ unr~ rui~~. Iin~ 1~u~ morfyu~~or ~~~~n•~,y ~urtl~~r CUI'Pf1A?IIS anc~ agrni~s to pay prumplly u~h~n c~ue f{~p principal antl inler~•sl un~~ ofl~~r sums o~ mum~y pm~~i~~e~~ Jor in sat~l nofe ancj f~is n~orf~a~e, or eilhpr, to pay a~~ ant~ sim~u~nr i~~~ laxrs, ass~•sxrni~nfs, ~c~vii•s. ~ia~?i~ili~s. o~~~i{~afions. an~~ encun~~~ran~•es o~ c~i~ery nafiire on saic~ pro- perlv: fu ~u~rmiL ~~ommif ~~r su~~~r no u~c~sl~~, impnirm~nf or c~~•t~riorafion oJ sait~ ~a?i~ or fhe improi~emenls ~'ll'IY'1•11 (1~ (IIIY ~1f11P: ~O ~PP~) ~~II• ~)111~/~111(~S /IAIP Of ~IPfPQ~~Pf Ofl ~Q1~ ~QlI(~ /Il1~Y /fISUfP~ /?1 A Sl1??1 OJ /l0~ ~PSS y ~ full insurable value ~ ~ in u i-ompar~y or i•omp~nii~s a~•r~y~tn~i~~ l0 1~~~ moN~~ag~~. f~~e ~w~ic•y or po~ic•i~s fo ~~e ~ie(~ E~y. an~l paya6le # - ~ to. sai~l morl~~a~~~~. and in tl~~ ~n~nf any sum oJ mon~~v 6ei•omes paya6le by virtu~ oJ such insurancp il~e ~ morf~~a~~~~~ s~~n~~ ~i~~~~ I~ii~ ri~~~if lo r~~i•~i~~~ nnc~ app~y I~i~ same fo Ihe inc~~~~lec~ness ~~Prn~iy s~curn~~. accow~fing lo t~~~ morfga~~or ~or any surp~uc: to puy a~~ cosfs. c~~ar~es, anc~ PX~PIISPS. inc~iulin~ ~au,ypr~s jees an~ tif~e s~ar~•~ii~s, r~•asu??a~,~y in~-urri~~~ or pai~~ ~~y I~i~ mort~a~~~e {~ecausp oJ Ihe Jai~ure o~ t{~e morf4~a~or lo prompf~y ` A?i!I ~u~~~~ romp~y u~il~~ I~~f~ u~~r~~mi~nls, slipu~afions, con~Iitions an~ ~on~nanls oJ sai<~ nole an~I tl~is mortgage. i or ~~illi~r: to p~~rjurm. ~-~~mp~y ~oil~~ an~~ a~~i~~e• tiy ~ac~~ an~~ ~i~~ry f'~P agreemenls. sfipu~afions. con~ilions nnc~ ~ coe~~•n~u~ls sef Jorf~~ in sai~~ nole an~~ I~~is ntorlgngt+ or eill~er. In Itie ~i~ent !he moMgagor ~ai~s lo pny w~en c~u~ iu~y lox. assessm~~ut. insuran~-~ pr~mium or ofE~rr sum aJ muney payaf~~~ hy virfue o~ sai~ ?wle an~ f~~is ` mortc~a~~~. or i•if~~nr, f~~~ morfrynq~~~ may pay Iti~ sam~. «~it~~out u~aie~ing or aJjecfin~ the opfion fo ~orec~ose or ~u~p ol~u~r ri~~I~f I~~r~•uncl~r, muI a~~ su~•h paymenls sl~nU F~ear inlerPSf ~rom ~ate f{~ereo( nt f~~e ~~i~f~~sf ~aur- ~ rat~ f~i~~n o~~oinec~ ~i~ 1~~~ ~rt~vs oj /'u~ SlafP o~ /'~ori~~a. I ~~~p sum uJ mo?~~v ~u~rc•in rn(~rrn~I to I~e nol prompfly paid W~eh~?~ -60- d~ys nexf nJfer ~ t~~~ sam~~ ~?r~•orn~. or i~ ea~-~i am~ ~~~Pry II~~ a~reem~•nls. slipu~a/ions. con~~ifions aiu~ rorenanls o~ saitr i no1~ ~nc~ t1~is mort~ln!1e, or ~i11~~~r. are not f telly perJormed. complied ioith anc~ a6id~~1 by. 1{~en the ~ntirP t i sam menlion~~1 in saitl nolr, an~ tl~is morfc/age, or th~ enlir~ 6a~ance unpai~I thPreon, s{~a~~ )orl{uoith or f~eereajler, ~f fhr oplion o~ f~~~ mort~ac~~~. ~~ecom~ an~~ t~ue anrl pnyati~e. anyfhinn in sait~ nole or ~~erein i l0 1~~~ conlrnry notu~il~~slan~~in~~. ~'ai~ur~ ~?y i~~e morlqa~P~ fo exercise any of fhe rig{~ts or optioru tiprein pm~~rc~iv~ s~~a~~ nof c•onslilut~ a u~nirrr oJ ~ny rig~~fs nr options un~~r sai~ nol~ or t~is mortgage QCCtUPf~ or i 1~~~rc~a~trr ac~•ruiru~. • _ I ~n ~itness ~hereof f'~r sai~~ mmk a or ~~ns I~~rrunlo si~ net~ ancl sc~a~~t~ t~~pse reser fs 1{~e ~ y .i n ~ c~ay an~~ y~ar ~irsf n~~or~~ ~vriU~~n. . Si~~re _ euu~ ~t~tt~r c~ in 1~~ r~s~~n~•~ o~: / . ~ ~ ~Y ~~?1~ _ _ _ . _ . - _ _ _ . . - . ~ . ` 3 Lowell To1,~Q_ ~ - _ . . . . as fo~mo tgagors ~ ~ ~ ~ ~ . . . . _ _ _ . . . ~...P1~Q~-..~~~~~?~i~-?J - ~ - ~1'era Grooms o so ` - _ . . _ . . - - - _ . - _ _ - - - ~ . ' ~ ! e ~ STATE ( )F F L( )RIDA, ~ ~ cc~~•~Ti~ c~F INDIAN RIVER~- 1 ~ § I}lF.REBI' CERTiFY that on this day, be(ore me, an s ~ offi~ ~r duh• authorired in the St~t~ afurcsaid anc! in th~ Count~• aforrsaid to take acknowledqments, prrso~ally app~ared ~ s LOWELL TOLSON and VERA GROOiViS TOLSON, his wife, ~ to m~• known to Ix~ thr p•rwn g described in and who e~ecuted th~ for~coin4 iastrument and they acknowlydqed ~ be(orr m~• that they ~xcc~uted the samc. s ~ ~~'[l ~F.SS m~• hand and of(icia! seal in th~• Count~• and Stat~~ last aforesaid this ~-o~ day of ~ ~i_ ~f ' D. 1975. r I - ~ - . ~ . . ~L. ~.~,~c,cf. ~ ~ . . . - - . . r.~ Notary~~Public, State of Florida at Large. S;~E,~ ;~~',J;~'~ft~E° My Commission e p C ~~lH:f fLA. X ires: ; R:' '';Ji:R/1$ ! 7 # : . . : CCERK~C;;:CJsT ~^L'RT / ~ / / 7 _ ?cCG~ VF +rt:Q , _ • - _ _ ~ . : : = ArR ~ II 42 AM'15 4~~ - . 4 ~ `ti . ~ ~ • ~ • ~~(]w.,7 w /~1 . VVsi~/'~ •9 ~ ~ ~ 3 ~1 ~ 77irs lirs~rr~in~-~r~ pr~pur~J hy: Steve L. Henderson ~ ;IJJ.~ss Jones, Paine & Foster, P. A. ~ P. O. Box 3406 U k~~•~ I Vero B~~ach, FL 32960 80QK i~A{~ , ' ' u ih ~w ~ xv'v.° ~ ~ . «sf` z~ _ . :h._:~~...;i, .