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HomeMy WebLinkAbout0789 and shall pe?jorm, romply wilh an~I aE~t~Ie by ~ch und eve?y t~s agreemenfs, sNpu~altorit, condlftoru a~ co+~enants ~hereoJ. and oj fhis mortpaAe, then Ihb mo?tpa9e and Ihe e~tute 1?ereby creafacl, al~all cews, d~- ~ f~rmJne ancl ~e nu~~ an~ ~~oi~. Ti1NL ItiP murtga~o~ he?.~by ~wfhe~ c~ovenanfa anci ngrers lo pay prompfly when aw Ii~s princtpal a~~I infnrpsl and ofher sume o~ money proolclc~cl (or tn iatc~ note and thb mo~fgage. or elthsr; to pay a~~ nnd stnpu~a~ the ta.rPS, osspssmenfs, ~eviPS. ~ia~~t~ilies, oti~tpallor~s, and encumbmnces o~ every nafure on iat~ pro- perty: 10 ~rmif, commil or suf~er no wosfp, impairmenl o~ ~ele?ioration oj ~atd land or fhe improvemenis itiPrncn al any lime; fo Itprp fhp fiuiltlin{~a nou~ or ~prnajlrr on ~aid land ~ully insurn~I in a sum o( nol ~as ~ti°" full insurable va~~e in a~-ompany or compani~s acc~pla e fo Ihe morfgag~e. 1{~P po~icy o~ po~icIea !o be tie~ by, and ~ya6l~ to, saic~ mortgagee, an~ in f{~e ei~enf any sum o~ money ~incomes poyab~e 6y virlue oE such insuwnce I~e morfgagPp shall I~ai~e tRe _ri9h! to rpceii~e and apply tf~e same fo !he indebtedness ~ere6y secured, acrnunting fo Itie morfga~~or (or any surp~us: lo pay a~~ costs, chames, ane~ expenses, ieic~uding ~awye?~s ~ees anej t~f~e ` sporc/~~s, tPAiAf1Q~,~y If1C11~ O/ n0~~ ~y I~P morfgagee h~nusp of ttie ~oi~ure o~ t~p morlgago~ fo prompfly ~n~ f u~~y ~~omp~y u~il/~ thp agrevments, stt{~u~alions. con~ifions an~ conenanls o~ aaitl note nnd !{~is rnorlgage. or eiflier: fo per(orm. comply u~ifl~ ond a6ide by each n~d Pi!Pry IhP agrepmenfs, sfipu~afions, condilions anej ; corwianls se! (ortF~ in said nole and tl~ts mortgnge or eilher. ?n fhe ei~ent the mortgagor Jails to puy u~hen c~ue ony fax, assessment, insurance premium or other sum oJ money paya6le ~,y virtue o~ saicr nole anc~ t~is morlgage. or P/IIIP~, Ihp morfgage~ may pay 1{~e same, ~vitho~d waiving o~ a~~ecling Ihe opfion !o Jorec~ose O~ Olly oll~~? ri~l~l hPrnunder, afl(1 all such payments shall 6ear inlprpst jrom ~Iale ~/IPfPO~ A~ t~tP h~~hPS~ ~QW- ~11~ fO~P ~~IPII A'~OlliCl~ ~)V ~~P ~OU~S O~ ~~P S~a~P O' F~O~I~A. ~L qflV Slll?1 O' IIIUIIPy ~P?PIII ~P(Prr~ ~O 6e not promplly paid wilhin ~Qy3 IIPX~ Oj~ef ~1IP SRIIIP ~f'fO/11Pt ~IIP, O~ 1~ ~C~ Qfl~ PI~P~ I~P 4~rPP?IIPIIIS. S~I~)l1IAilOR3. (`O/Id1ItOI1S U?1~ corenants OJ S~ld ?IO~P and Ihis ?IIO?~(~AI~P. O~ eill~er, QfP IIO~ ~U~~y ~P~jOAliPlt, compliecl U~I~~ and a6~ded 6y. ~IIPII ~~P Pnfirn sum mentionerl in said nol~, and Il~is mortgage, or Ihe entirn 6nlance unpaid ihereon, s6all )orlhu~ilh or I~ereaffer, af Iti~ option o~ f{~e mortga~ep, hecome and 6p due anc~ paya6le, anyttiing in saicr nofe or herein fo Itie confrary nolu~ilhstandiny. F=ai~ur~ tiy ff~e morfgagee lo nxerrisp any oj ttie rig~ts or oplions ~erein pro~~irli~ shall nof consfilule a tvaivPr o~ any ri~hfs or opfions under saie~ note o~ t~is mortgage accruei~ or t~erpuft~r ac~vuing. ~n ~~~Il ~~Ol~ f{~e said mort4~9or hns I~ereanfo sign~I anrl sPale~ thpse presenfs tlep r~ay an~ y 1 atiove riff . , ' np s rp ~ presence oj: . . ._~/~'.Ci'i1~._~-/~~• - - - `~r~/~ Frances E. Hill - ~~c. _ -----~~l..e.~...------- - - . , - - ~ - - ~ ~ - - - - - - ~ ~ - i F STATE OF FLORIDA, ~ co~~:~TV ~FINDIAN RIVER I HEREBY CERTIFY that o~ this day. before me~ an o((icer duly authorized in the Stat~ atorcsaid and in the County aforesaid to nk~ acknowkdgments~ penonally appeated FRANCES E. HILL, formerly lanown as Frances E. Secrest to me known to the penon described in and who executed the (or~qoinq instrument and ghg acknowledged be(orc me that 3he ezecutcd the same_ K I7 i~iESS my hand and o(ficial seal in the County a~d Stan• last a(oresaid this 25 th day o( - October A. D. 19 7 7- , i ^ , - . : ~ 5 ~ ~ ' _ . ' ' . f Notary Pub c~~State of Flor a at Large. ~ I n~'~- My Commis on Expires ~'~_~~~'7~ ~ ~ : • ~ ' • K ~ , ' \ • v~~~7V ST. LUC E COUMTY FLA . . RO~ER P~ITRAS ,3 ` ` : ; t . _ : ~K L'kCt)!T COUP.T • • ''Iflf.^ Oc ~ 16 9 s6 AH'77 Thu /,~~,r~~,~~~rr p,rp~„rd by: M. Cobb of Sulliv~ and Cobb P. O.Box 3, V~ro Beach, F1ori,da 32960 il~/ilr.x~ soo~ 276 ~ 7~ ,