HomeMy WebLinkAbout0471 ' _ _
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. = 2, 863~60.._ v..o e~, F~w~_.....---~ebruarY Z_---._, 197.7
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On ..~r___t~,ef
g.~.e MaY. 4._~~.._.----____.._..__... ,nH d.~•,1, w. a N~hK of ~ prwnts. eo pay ~o ih. ade~ oi
WILLIAM C~ItEEVES and BETTY A~ ItEEVES his_wife ._M_~. .
M~-~----TWO TNOUSAND EIGHT_HUNDRED SIXTY-THREE and _60/100
~~,~~„~,~w,tOffice of John H. Sutherland ~Attorne at _Law~_ Vero Beach.
Q~s~h..~~l~.s~...~._g.~Xg.g..~X..s~.r~8n~~.~~~i~__...,~n, ~?~~r
from..._?~._..L77 ~t tM ?a» of._._ $ pK oent p~? snnum unti) ps~d; ~nterest psyab~e.8t IDStuY'1ty
Md ~ad~ o/ u~ wMflw enNw, ~uaranta a a~dorw. Mr~r wwtaly waivw and rsnou~ca any ~nd.all homesHad vumption N~t~ w~ m~y
haN v+d~r Mt Co~rtNution a L~ws oi tM Sbh oi Fbrid~, a ~ny'otiwr Stab a llnit~d Stara, n asairrt tNs rwtr, and ~ad~ turtha waivea dsmard,
notiq of no~e?p~yn~NM aeld pf0~~{f, ~f1d M tfN ~vN~f It b~coQMS fMCpNry to to11Kt fNs 11Dt~ fMou~1 ~fl aftOfflfY. Ktl+s to pay MI tOSfs Of colkttlon,
lncludie~ h~awEM aftan~~ fM.
~
/s/ Claude Ravon Wilcox ~ ~
,
~ n.. /s/ Monetia Wilcox ~ ~
~A~1 -
ana shw a~y. r~?pw ~r r~r~o~. ~t~aa ~c~uc~. ~rrecc. ao~mp~ w,cu ana awa. e.aa
and everp U?e atipulstloni. a8reemeAb. oonditions and covensab ot said pnonuswr~? note aM o! this morts~
then t61s mortga~e and tbe ea4t~ hereby created ahall cwe and be null aa~f void. .
It b w~derstood tbat eaCh ot ths woid~, ~~mte.~~ '~onBaBo~' aad "mott~age~"8nspecvvel,r snd t~ p[oa~
ouns refetrina tberet0. vrbetber !n tt~e dngulu or plural u?yvrhers le thi~ mortgageti, !uU De ~ia~ular it oo. oat~?
and ~hW bs plural iointly and ~everally. ii more than ona and ~hall be masculir~. ieminine and/oe nauter, whsN
ever the oont,eat ~o iarplia~ oe admlt~. -
AAa wa xorc~asor ror nlm.elt ana hi. becra, legal repre~ent.avee. ,acca..or. ana aadgn.. nersb~ oo~.a-
~ab aua aae+ees W and with ~atd Yortgageq, his legai representstivea. sucoeasors aad
' i. To py all aad dn~ulu tl~s pt[ncipat snd interest aad the varlous aM wadr~ wma oi naoneY P~7+~~ h7
; virtue o! ~atd praniswry note. aod tLl~ a4ortgaga. eacD ard everY. P~PV7 oa the d~Y~ reapscti~e~j th~ aami
~everallr becotns dw. _
~ Z. To pay W aad st~lar ths taxes. assessmenta, levies. llsbllitie~. obUgstions and incumDrances of evas~ -
nabue and kL~d now oa utd de~cribed pruperty. and/or that hereafter msy be lmpored. aafferal. Placai. lsvied
or.aa~wad thereupo~. aad/or ttut Lereafter may be kvied or a~sessed upon this raortgage and/or tLe indebted-
nda sec~~d heteby. each and every~ when doe and payable acoording to law, belore they beoome deUaqueat.
and befare aay interest sttacha or aay- p~naLyrJs incurred: and in so far aa aa}? thee~.wt ia o[ reooM tbe sam~
ahall bs PtnmPtlp satL!!ed aad dlscharged o! record aad the originat oftfctal document (~uch a~. for f~d~tance.
the tau reoeipt or the uWfuti~ paper otflciaqy endor~ed or certtfied) shaU be placed tn the hands o! aaid
~ Mortgagce wituin ten dayi n~ct ufter paymeat: uM in the event that any thereoi b aot so patd, aatLiiM and
discharged. satd l~dortgagee msy at aay time pay the same or any part thereof arithovt waiving or attectin~
any optian, Uea. equity or rlgdt under or by viKue ot this mortgage. and the full amouat ot each and ever~
wch psymeat atiall be immediately due and psyable and ahaA bear intereat fwm the date thereoi untii pa1A
at the rate ot ten per centum per annum and together with such interat shall be secnred by the liea oi thi~
mortgage.
3. 1b plaos aud contiauously keep on the buildinqs now or hertatter dtuate on ssid luW llrs and v~tndatorm
~,~,ce .~n u?e ua~,v aca„aara pou~y ro~, m a~,m ,wt ~~as cnaA =.._insu=able value in
paay or oompaniea aa may be sppmved by aaid MortgaRce; and aU such iasurance polictes oa a~? of ~sid build-
ings. aq~? lnterat therein orpart tbereot. !a the aRRreSate ~um atoressid or fn exceas thereot. shall contain th~
usual sWtdacd mortgagee clause malcing the lox~ ur.der said policics. each snd every, psysble to said Hortga-
x~
gee as 6It fntareat msy appeu, and each and every sucd policy shsll be pr~nmpUy deUvered to aad hdd by aatd
3tortgagee; and. not ks~ thaA tea days in advance of the eupiration o! each policy. to deliver to astd l~[ortgages
a reaewsl thercot, together with a receipt fo~ the pnmium of auc~h reneara!• and there sbail be no auct+ insur-
~?ce plaoed on any ot sald buildings, aay ir~terest thereia or pari tbereo~ unless in the form aad vrith the los~
paysble a~ aforaaid; and in the erent any sum ot money beoomea payable under auch pollcy or poUcies aaid
~tortgagee shall have the opUon to receive and apply the eame on account of the ftsdebtednea ~ecund hereby or
to pernalt nid Mortga~COr to receive and use !t or any part thereot tor other purpo~ea ~vittwut ffiereby waivina
or impairina any equity. Ifen or right under or bq vlrtue of th4 mortgage: and In the eveat safd ~[ortgagor sha11
for any reason tail to keep the satd premixs so inaured, or iW to dellver pmmptly any ot aald policiei d
hwrsnca to said Mortgsgee, or idlpro
mpUy to paq fully any premlum theretor~ oc in any respect fa11 to per-
form. di~c??ar6e, acecute, etfect„ oomplete, comply w[th a~ abtde bq thls eoven~nt, or any part hereof. ~sid ~tortg-
aaae msy plaoe and pay for sucd insurance or any part therwf without waiving or affecting any opt3on. lten.
b~s~im adia~t due andr ~ vle
~and ~hallabeu
i~ntenst trom tlaudate thetreot W~d d atrythe rate~ot tana~r
oet~tum par
a~anum aAd t~oae~thes arfth ~uch tnterest ~hati bs ~ewred br tDe Uea o[ t1W~a4ortgage. ~
4. 1b pend~ commtt or snf[er no wa+~te. impairmeat or deterforation of sald proP~Y ~~7 P~ thereoG
6. Zb p~~ ait aad dnaular tbe oost~. char6~ ~ exP~~. ~6 teasonsWe Lvryer'~ fees anQ co~t ot
abdract~ o! tltla. isK.vrred oe pald at au~ tims by ~sld ylort~ee becau~e and/or in ths e~ent d ths tWn~
on th~ patt ot tla sald Yo~~ag
or to duly. P~PVY ~1 ~7 P~o~. d~B0. ~eeutR eitcct. oaoPlet~
eomW7 wit1~ aM ablds bp eacfi -arW ever~ tLs sUpulaUona. ase+~nenta. eoeditlotu and oorenant~ ~ said pe+a~l~-
~ nota, ~nd t1~ a~ortaag~. an~ ~ eitUer. and aafd eostar ct~atEe~ aAd ~acPease~. each ~ad werp. sbaU b~ tra-
mblat~b dw and p?~?aDM. wbett~er or tat tb~rs pe notioe. aeauud. attempt to eodlect oe antt pendfA6: and tlr
!Wt amonnt ot ach aaA ewr~? sncA W~nent shW bear 1at~e+a~t tran t1~ dat~ tb~e+~ot untll P~ at tbe rate ot
tM ~f' CfIILIi~ pK iODtlRI: i1N~ S11 ~tld CO/f/, C21iKMa ~O~M ~O IACi~!!~d O! pL1d~ L0~lvN! irl~ NC~I 10~
~r NCtl~+04 ~ f~ Ot t111a '
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