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HomeMy WebLinkAbout0221 nnd shall per~orm, comply wi~h and a6ids 6y each and e~~rry tl~e a~?eemenls, sl~pula~ioru, cond~Uons and cooenanfs fhereo~, and oj tl~ts mortgage. Il~en thts mortgage and tl~~ ~stale hpreby c?eatod. ~h4ll ceaae, da- Ip?mine and 6e nul! and void. ~ ~nd ftie morfgagor tiern6y (urftier covenanfs antl ogrnet to pay prompfly w~en c~ue Itie pHnctpa~ and interest and othe~ aums of moner provtded jw in iaid note and thts mortgoge, or ettl~er: to par all and singu~ar ff~e fa.res, assessmenls, ~vtes. IIa6tlttte~, o6~igalions, and encumbrances o~ euery nature on sald pro- pe?l y; fo permif, ~o~nmll or su~f er ~o warto, tmpairmen! or dottrtorot~on of soid land or !he improvemenfs fl~ereon al any lime: to ~evp the buildings now o~ tierea~te~ on satd ~and ~ully Insured tn a sum o~ not ~eas than full insurable value in a c~ompnny or companies accepta6lQ fo tha mortgagee, the poltcyr or poltctas to be held by, w~d Poyo6l~ to, said mortgnge~, and in fl~a o~wni nny sum o/ moner 6ecomo~ ~ya6te 6y ut~tue o/ such insurance the morlgagee shall I~ave Il~e rigl~t to recetvs and upply tka same to the inde6tedness {~ere6y iecured. accounttng to the mo?tgaAor ~or any ~urplus: to puy all coils, chnrges, and expenses, ~ ~ncluding Iawyer'a /ees and ttile searrh~s. reasonably incumetl or pnic~ by ll~e mortgagee because oj fhe fai~ure o~ the morfgagor to prompl~y and ~ullv comply will~ the agreentents,_ atipu~ations, conc~ifiont and rnvenanfs o( said nofe anc~ f~ls morfgage. ~ o~ eit~er: to pe?(orm, comply with and a6fda by each and every f~e agreements, slipu~atlons, conditions and covennnts sef fortti in said nole and fhts mortgage or elther. ~n fhe event ttie mortgagor ~ai~s to pay wtien due any ~tax, asse~ament, inswance premium or otker sum oj money Pnya6le 6y ~trtue oJ snid note and tf~ts morlgage: or eithar, Ihe morfgogee may pay the same. wit~out wnivtng or a~~ecting fhe option to Jorec~ose ~ or any otl~er right l~ereunder, nnd nll such puymenls s1~all bear interest /rom date the?eo~ a~ thp h~ehes~ law- ~ul rate ihen allowed by fhe laws oj ~I~e Stale o/ Florida. ; . ~ nny sum oJ money herein re~erred fo be not prompl~y paid wtlhin ten , day: next aJler the same becomea due, or iJ each and every ~he nereements, stipulations, contlitions and covennnts o/ said ~ note and 1{~is mortgage, or eitl~er, are not ~ully per/ormed. complied u~itl~ •and a6~ded by, 16en tke entire E ~ sur+i mentioned in snid no~e, and fhis mortgngQ, o~ t1~e entir+e balance unpaid t1~er+eon, shall ~orlhwilf? or t{~ereaJter. ai f~e opfton o( ttie morlgagae, become and be due and paya6le, anyt{~ing in saic~ note or herein to lf~e confrary notwitl~standing. Failure by tlte morfgagee fo exerciae any o~ Ihe rig~ts or optior~.t herein prouided sha~~ not constifute a waiver oJ any rigl~ts or oplions under snid note or f~ts morlgage accruecr or. t{~erea~ler accruing. ~n ~~LII~ ~Il~l~~l~ the snid morfgngor has I~ereunlo signed and sealed tl~ese presenls fhe t~ay antr year ~inf aEioue writlen. Signed, sealed and de~i~~ered in Ihe prosenco oj: ~~u~------------------ -....~~~~'C~.~~.-- ~ ~ ~illiam E. Collison -----Yere...Baach,..P~.c2r_i.da-----~------------------- - - - - - • - ~ ~ - _ ~ ~Kel cent . ir.~ ison • ~ • - ` a - - Vero Beach, Florida ~ ~ STATE OF FLORIDA~ ~ CoUN'flt oF Indian xiver I, i HEREBY CERTIFY that on this dar. be[orc me, an I officer duly authorized in the State a(oresaid and in the Countr aforesaid to tak~ acknowkdqments. penonaUy appeared i ~ j William.E. Collison and Kelicent J. Collison, his ~ife j ; to me known to be the person 8 described in snd who executed the (ore~oins instrument and thEy acknowkdged I before me ehat they ~K~ted ume. . , of l ' WiT1hESS my hand aod otGc~"seal io the County and Sute last atorcsaid thu 1~Fth_" July A. D. 19 77. . .1~ tia.:"p, j~'~. - . ~cA~rtY ~i~i f ..~.~4.i a'. x s~t~ . . . - - : ~ 1106~ ~MTRAS NOTARY PUB C, S?A1`B 0~ ~A'~AT v, _ ~IERR C:A~u1T CrOURi my comnissi~i; e,xpi~'e~1 n;~ - rr~='~ v;R~f1Et~~ ~ • ~ Notary Publi~, St~'t+e ef.~l~d~ a1t~La«C- AtlC ~I 2 na PN'~~ c°~'°^ ~'~+~c ~,a;:~~~ . ~-'o-g`' 3'74185 •r~,;f r,~,~,,,,~,~ ~,~a 6y : ~ _ .~,l~I,~u fNi~ IN~i~ili~ENfi WAS ~RE~aaEO ~Y . - ~I~3T CITRUS ~AfV1~ t3F ItV~~Ah1 FtIVEl~ ~C1~~V1''f ~ VERO BEAEH~ FLORI9A $~~i1~. P~Gf ~ - . ~ ~~,r - _