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HomeMy WebLinkAbout0284 ~ and sl~all p~rJorm. i•om~~ly u~ith and a6ide 6y Pac{~ n~id pvery il~e a~reenienfs. sNpulafioris. condiltoni and ca~~~nanls Ihercw~, an~ o( Itits m~~rf{~at~e, t~en Ihis mortpa{~e ane~ 1{~e e~fafe hpn?6y ~•rtufe~, sha~~ CPOJP. de- . fvrmine an~~ ~?p nu~~ anc~ ooi~. • 7U~ 1~u~ mo~fga~~or ~~en•~~y ~urf~~er c•oi~~nanis artc~ a(~rees to pay Promp~ly wi?en due IhP prin~•ipul and inierwsl an~ u1~~~r cnms o~ o~oney ~~roni~~~ ~o~ in sai~ note and lhft mottgage, o~ etl{~er; fo pay a~~ nnd sin~ular fl~p fa.r~s. nss~ssmenls, IPVIPS, ~ia~~i~iliPS, u~~i{~alions, anc~ Pncumbrances oJ PI~P~? f10lll/p OA l~Ild PI'O• perly; fo ?x~rmiL ~vmmif or su(~er no u~asfp, impairmenf or c~eleriorofton o~ sai~ ~mid o~ fh~ tmprovemenls 1{~Nrncn nl ouy lim~: 1o Ir~•Np th~ huildint~a nou~ or h~rno~l~r on snid land Jully insured in a sum o/ not IPas Ihan full insurable value in a company or i•ompani~s acc~pla~~~e lo IhP mort{~a{~e~. Ihe po~icy or po~tc•ies to ~~e he~~ hy, and payn6le fo, sai~I mo?Ifia~iee, a~~ in fhP ~~+Pnl a~~y sum o~ monry ~?e~comes payab~e ~~y airtue o~ suc~ lnsu?ance the mortgaq~e SIIQII {IAI'P Ilip rtgl~t to IM'PIi~P and app~y t11B SUIRP IO ~RP lAdt~b~~?IPSS IIPIPtiy SPCIIrP~, accounting ~ fo ItiP morl~~~~~or ~or any surp~ns; fo ~~y a~~ cusls, c{~argPS, ancj expensps, including Iawypr's feea ane~ fif~e sParcJ~~s, reasonn~~~~ IfIf11nP~ ur paic~ {~y 1{~e morfgn~~e hPCausP o~ !he ~oi~ure o~ ftin morfgat~o~ lo prompf~y an~ ju~~y ~-o~nply u•ill~ t1~N anr~em~•n?s, sfipu~alions, conclitions ancl co~~enanls of saicr note an~ fhis mortgage, or eil~~rr, to p~r~orm, c•omply u~iil~ and abi~le 6y each an~I eu~ry the agrepmenfs, sfipu~afions, conclitioru anc~ co~•~~nm~ls sPf fortli in said not~ and Ihis morlga~te or pilher. In the rvpnt Ihe mortga~or ~ai~s fo pay u~hen du~ any In.r. nssessm~ nt, insumnre premium or ol~er sum o~ .~,~npy PayA6[p 6y t~irlue o~ sai~ notp an~~ t~iis ` morf{~n/+e, or ~il~~er, lE~~ ?norft~nn~ may pay Itie samr,_ ~uifhout waivinq or a~~~-ting thp opfion lo ~ore~•~ose or nn~ oll~Pr rif~I~f I~~r~und~r, an~~ al~ such paymenls shaU 6P~r inlerPS1 Jrom datP fhpreoJ at Il~e liighest ~au~- (~il ra?~ lhen allou~ed by f{~~ In~os of Ilir State o/ F=~orida. Dl nny sum u( monoy {~i~rPir~ re~errn~~ lo ~~e not prompfly paic~ wif~~in 30 c~ays n~xt a~fer tli~ sam~ ~irrom~s ~1u~, or i~ ~acli and ~~~~ry ihe al~reempr~ls, siipulaiions, conclifions arul coi•enanls o( said notp nncr t~iis n~orfrync~~, or ~it~~r, ar~ nol ju~~y per~orn~e~, comp~ie~ u~ilh and a6i~a~ tiy. ltien fhe PRII~P sum mrnlionP~l in said nol~, and tl~is mortga~e, or the entirp ba~ance unpaid lherwon, shal~ fortliu~it~ or 1{~ereaJter, af f{~~ oplion o~ 1~~~ morlna~ee. E~e~-omr ancr'~P (IIIP and paya6le, anything in saic~ nofe or tiprein fo t~~~ ~onfmry nohuil{islan~~inR. ~~ai~ure ~,v 1~~~ mortqagPe lo PXPMISP any o~ I~e righls or options hPrein proric~c~e~ shall uol COIKIIIUIP a ~rai~~~r o~ anp ri~~~~fs or opfior~s uncler snicr realP or this mo~tgage accnir~r or t~~~mo~fi•r ac~•ruin~- ~n ~itness ~hereof~ /~IP SOI~ morf,y~qor ~I(IS I~ereunto SlqI1P~ aR~ S(M~P~ ~EIPSP P~PSP/I~S ~~P ~(IV AII(~ VPQ~ Jirsf (1~)O!'P 11~71~~Pf1. Signed~ sealed and delivered in th S~~n~~-~~l~a~?l-~f~~~d-t~r~m-~~•~~?tia~/: presence of • . ""J ~ . : ~ c:._ / ^<< (L . i . ,1..-..... _ . - ;i • - . ~ - - - - . ~~-~'i.w._..:7..-`.-~~~--~l.a~~..- - ~ - . ~ . . - - - ~ I . _ - - - ~ E f E f STATE OF FLnRIDA, ~ i cnt-~TV c~F INDIAN RIVER j I tiEREBY CERTIFY that on this day, before me, an ~ of(icer duly authorired in the Stat~ a(or~said and in th~ Count~~ aforesaid to tak~ acknowledgmrnu, penonally appeared NICK C. PRIEST ~ to mc known to he~ the prrson deuriFxd in and who execut~d th~ for~qoinR instrument and he acknowkdged ~ beforc mc that he ~x«~«a the same. ~ ~ 1~'17:1iESS m~• hand and official seal in th~ County and Statc last afor~said this ~O day of ~ November a. D. 19 ~S . ~ _ ~ ~ ~~41ftt1?f~~ ~ ~ ~ . - - • • r ~ , ~ ~ , . No Pub.~ c-; tat~.. v F~ vri a.-.~a~...L~~ge . , ~ ~ ~ , ~roi.:. - r, M ommission Expires : `j~,t~ ~ /4, / y~ ~ ~ , . -r ' . : • ~ ~ _ . .Fa ~ . ; ; ? ' - Y.=~ ~ ; ~ _ ';t ~ . _ r f G~1 Q t•;~ i~ i ~ • '~a f;~ - ~ c n q' ~ r'• ~j'` s~~ S7L Jy-r ~t: i , ~,c: ~ - ~ . - ~ ;1 . . ~ ; ~ l . ' ~ . - ; ~ : . _ • . * ~ i a ~ . No ~ ~ . YZ~ ~4~p , ~ ~ ~ !%us In~rr~r,~~,n Pn~um~! by: Charles A. Sullivan, Sullivan & Cobb, ~ ;~~~~~r~.« P. 0.' Box 3, Vero Beach,Florida 32960 ~ I p p ` ~ aa~K ~ac~ z84 ~ ~ _ _ ~ ~ ~F ~ ~ . ~ ~ ~ _ .