HomeMy WebLinkAbout0196 and shal~ perjorm, comply wi11~ and a6tds by cwck ai~d e~~ery ths ag?~tmenta. ~tipulatlons, condlttons and
coi~enants th~no/. and oj tl~b inortgags. ih~n tl~b matgag~ ond th~ ~state h~nbr creat~d. skall ceas~. de-
termtne and bo null und votd.
~ ~hA ~e9ago.~ I~~br Jwe1~K co~~a~e. and agnea to pay promPtly wl~en dw !h~ princlpa~ ond
infe?rtt and olher sunu o~ n~onay prouidad ~w in said noto ~ fkia moNgags. or eifti~?: fo pny al~ artd
singu~u t~e taxea. auea:~nenb, ~evlQS. ~tabi~itiw, ob~tgullona. and Mcumbroncsa o~ every nnlun on satal pro-
perty; to permif, coenmi! o~ au~~er no wwt~. lmpatrment or d~l~riaafion of said ~nnd or t~• improuem~nb
fhereon af uny ftme; to ke~p 1he bulldinAa now or l~vrea/tsr on ~utd Innd /ully insured in a sum o~ not ~ssa
the full issurable val~e,
in n eompnny or compnni~s uccaptu6l~ to tl?~ n~ortgagt~, tk~ policp or pollcte~ eo 6e I~eW by, a~d pnya6b
fo. :aid mortgngee, nnd tn 1~~ fvant any sum o~ money ~ecomw pnyab4 by vtrttu o~ auch fnturonc~ tti~
mortga9ee •I~all 6nne tho .~6t ~o .~cet~ a?~d ~p[y el,.:am. eo eh• ~d.b~~~, ~~6y ~.~wbd, acc~ounting
fo t~e mortgapor (or any aurp~us: to pay aU c~wb. charge~. and ~xpentet. inc~ucjing ~nwyer i f
ees and itt~t
seurrl~ea, rensanab~y incu~ or ~td br the Mo.t9~~ ~caw~ of ~~i~ jai~ure o~ tl~t mortgagor to prompt[y
anc~ ~ully comply wi~k I?~e agreemenb. sttpu~nfions. concjitio?u and c~ovenants o( satd not~ and !(~ia mortgaga,
or eili~er: to perform. ~~[y wttk ~d abtd~ 6y ~ a?~d evary !~e bgronnents, atipu~ntio~s, rnnditions and
covenants set ~orth in said nol~ and I~is mwtenge or eitl~er. In !hs ewnt fl~e mo?tgagor /a~b ~o ~r W?~e~
due any tax, nssessment, iruuronce prorhiwn or other sum o/ money payn6le by virtw oJ said no~e and tkis
mortgage, or eit~er. 11~e morfgaQea may pay l1~~ same, wtt~out watving or a~~ecfing the opllon. to lo?ec~ose
or uny otl~er right hereunder, nnd nIl =uch paynienb sl~all bear intenst jro~n date thereo( at tl~e 1~tg6est low-
~ul rnte then allowed by the law: o/ the Sfate o/ Flo~da.
any aum o~ money 1~e?ein re(er?ed to be not prompl~r pnid u~tthin thirty an~n next a~ttr
the aame becomes due., or i~ enck and evwy't1~e agreements, sfipu~afions, rnnditions and couenanls of snid
nofe and lF~is morfAoge, or eilher. aro not (uUy pQrformec~, onmpli~ wif~ ~nnd abtd~d by, th~n, the enfin
swn manlioned in iaid note, and t~ia mortgagQ. o? the entine 6ulancQ unpaid Ihe~ron,. t1~aU ~ort/~witk or
t/~erenf
ter, at f1~e option of 11~e mortgagee, b~Q ~d 6. d~ aRd ~~bl~. anrfhing in satcr note or herein
fo ll~e conlrary notwitlestandt~g. Failure bp the mortgagee to ~xa~ciaa anr o~ Il~e rtghb or options he?ein
provided s~a~~ not c~onslifule a waiver o~ anr rtg~ita or options u~er snie~ note w thia rnorfgags aocrued or
lhereaJler accrulnA.
jn ~`~II~ ~~~1~ t6e snid nwrfgugor ~as ~ereunfo signec/ anc~ apn~ thase presents the
dny anc~ year (inf obove wriften. ~
- Si~ed~ seaied and de ~ in t rQSenco oj:
r
, • - -
Edward~Ger ardt
o.~~~wari~---~erha .d..~..
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~ ~ STAT'S OF D ~ ~
~ COUN7Y O .
I HEREBY CERTIFY that on this dar, betore me~ aa
~ ofGcer duly authorized in the State aforesaid and in the County a(oresaid to take ackaowkdgments. penonaUy appeued
~ ~ EDWARD GERHARDT, •
~ to me know-n to be the p~rson dcscribed in and who exeeuted the (orcgoing insirument and he acknowkdRed
~ before me that heezecuted the samc. ^ ~
~ W NESS my hand and ot6cial seal in the County and Swte oresaid this ""'dsr ot
i ~,~;a[
U-C A. D. 19 7 S i ~ ~ r) .
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~ / / . ' • t ~
~ ' ' . . ~al..S~M.-•"•• ~ . ~ .
N TARY PUB I. T ~D BO DA=",~1
; - ARGE . MY COI?4~ISSIO~'~X~A'F~~ . ~
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~~~Bl~ ~ ~IQ~ ~ ~w?oe 7~ sTAZr~
s NY COY6lISi:Q'i Ex?:fES N6YE1lBER 1 .
60r+0ED tFiRU 6EnEful ~~SL's~n :E BaCfR'~RQER
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' ° R 245
~ T/,u Ins~n~,~rn~r p,rp~r,rd by: Charles R. McKinnon, Esq. QOOK
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€ ~`f`~`~'~ P• 0. 760, Vero Beach, Florida 32960
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