HomeMy WebLinkAbout0413 and :hall perjorm, camply u~ttti and a6tde 6y each and enerv the ag~menls, efipulafiona, conclit~oris und
covenanti the?eoj, and o) lhli mo?tgnge, Ihen t61s mortga~e und tl~e eatnfe hereby crealed, s~ull cease, de-
termine anc~ be nu~I anc~ voic~.
~ the morteago? hereby Jurtl~e~ covenants and agreea to poy promptly w{~en due the prtnctpal a~d
1nleres! und ofher sums oJ money provided jo? !n iatd note nnd Ihia mortgage, or eithe~: to pay all a~d
stngu~ar Ihe taxes, assessmenls. ~eviey. ~iabi~ilies, o6~igations, and encumbrunces o( every nafure on said pro-
perly; to permit, commit or. su~~e~ no wa~te, tmpai?ment o~ c~eferiomfion of so~d la~d or fhe improvemenfs
Ihereon ut any time: lo keep Ihe bui~~ings now or ~erea(fer on taid land (u~~y insurecl in a sum o~ nof ~esa
~h°^ the full insurable value
in a company or compantes a~eP~a61e to~ ~he morfgagee, the poltcy or policies to 6e I~eld 6y, and paya6le
to, said mortgagcK?, and tn !{~e eveni any sum o~ n?oney becomea poyab~e by virfue o( such insurance !he
morfgapee shall I~ave tl~e rig{~t fo receive and apply ti~e same to Il~e inde6tedness here6y secure~l, acrounfing
to fhe mo~tgagor ~or any surp~us; !o pay a~~ cosfs, cha?ges, anc~ expenses, inc~ucring ~awye~ s~ees and lit~e
searches, reasona6ly incurred or paid 6y the mortpagee because oj the Jai~ure ol fhe morfgaflor fo prompf~y
nne~ ju~~y comp~y u~i1h the agreemenfs, stipu~nfions, conditions and covenants of sai~ noie and l~is morlgnge,
or eilher, to pe?jorm, comply wilh and a6ide 6y eacF~ and every the agreements, slipulntioru, conditions und
couenanfs sef (orfh in saic~ note ane~ f{~is mortpage or eifti~r, ln 11~e euent the morlgago~ ~ai~s !o pay when
c~ue any tnx, assessment, i?uurnnce premium or of~er sum o~ money payable by vtrlue oJ sai~ nofe ond f~is
mortgage, or eif~er, fhe morfgngee may pay f{~e same, u~ifhouf u~aiving or a(~ecting, fhe option !o ~orec~ose
or any other rtghl hereunder, and all such payments shall 6ear interest Jrom date thereoj at tl~e hig6esl law-
Jid rate lhen ollowed 6y the laws of 1he State oj Florida.
I ~L any sum o~ money I~erPin ~e~errc~ !o he nof pro:npfly paicl wilhin fifteen c~nys neact aller
+ Ihe same 6ecomes due, or iJ'each ancl every t{~e a~reemenis, slipulations, conditions and covennnts oJ snid
i nole and lhis mortga~e, or either, are not jully perjormed, complied witi~ and a6~dpd 6y, then Ihe entire
sum mentioned in said note, nnd Ihis mort~a9e. or 1he e~tire balance unpaid thereon, shall jorlluuith or
~ t~erea~te~, at f~e opfion o~ Ihe mo?iqagee, b~come and bP ~ue ancl paya6le, anyttiing in saic~ nofe or ~erein
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~ to the contrary notu~ithsfnnding. Failure 6y the mortgagee to exercise any o) fhe rights or options herein
i proi~i~Iecl s{~a~~ nof consfifute a u~aiver of any rigtils o~ opfions unaer saic~ nole or Ihis morfgage nccrued or
thereafter accruinp. .
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~ tv ln ~~lll~ ~IK`L~l Itie morlgagor tias caused 1/~ese presenfs !o
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• ) 6e executed. in its name, nnd its corporate seal to 6e hereunto aJJixed, by ~~s
t~,rr'. ~•r proper o~Ficers t~ereunto ~u~y auttiorizec~, ehe day and ye~ ~irst a6ove wriften.
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j ATTEST---------- -TR~..E....M~OI7X_.~~~_..INC.-1--------------------~-------
Coretha M. Nees ~~~a~~ a Florida corporation
; Signed~ sealet~ and delivered in Ihe prnsence oj: 1
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~ ~ U------•-----•-'•----- fIlEO AMO RECOR9EG
ST. LUCIE COUNTY f~A.
ROGER POITRAS
C! E~r. Ct~tCUtT COORt
~ : ~ r. yr ~~r1E0
~ ~tate of ~InA Ju~ 18 4~3 PM'11
~Ollll~ Of INDIAN RIVER
` I HFREBY CERTIFY ~{w~ on ~6~s da>. I.r/or~ m?. on oJ/icw ddy owfw?cud ~n tla Gu1~ ond Coun~r aJonwid ~o ~aiee orbw~~~nlg.
a•=«n?b ~~,.d Fred R. 'll,~erpe and Coretha M. Nees
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1 u~e~~ Enoum fo ~ne to dt I~e P~esidenf an~I .~C~tal'y nrsneclict~y o~' 1/u cwporalian ~nmr~ ns
morfgogor in IJv I~9a~9 insln~menl. and IMI Ilrcy fe~rru~~y oc4nouaedgrd tznuling Itir :omr. in Ihr pRSrnce o~ luv suds~iding u~fnnsrs.
~ /~nlr and od~ea.Jr ~..rk. a~ela.:ry d~.ly n,~.d ~ d~.m 6r ,a.l ~a.a,.ni~ ~d J~~ ,rol a~4x.d d~..~ro ~ JK u,.. c~w~k s.al d
~ ,aid co.pa.ne~on.
~ Wf1'~'F_cS mr la,d a.~d .~d M ehe Ca.~rr a,d Se~~ lase a/«,~~d ~6~s lSth dar d 1u y s
~ a. n. w 7.7
~ ;nut~ri ,
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~ : ~ ry c; "'S~ate ~~of o"rida'~ a~~~~Iarge .
= : ; P i~a~s$a expires :
' r~ ~ " ~Iota~Y ~blk. State oi Florida At Ls~
800K ~71, PAGE 4~.3 : O, . t~ ;-~1y commrssion Exvtres oec. 2s. t9~
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Th;s I,lnrum~„1 p,rpaad by: , Sr,`. • 0~ 1
A~/r~ixu Mr. Darrell Fennell , ~
P. 0. Box 760
Vero Beach, Florida 32960
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