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i~ and shall p~rJorm. ramply u~ilh and a6ide liy e~ach an.l pi~e~y ~I~~ a~rPrments. slipulafiuns. conJitiuns and
I co~~enanfs f~erew~, an~~ a~ fhis mo?f~ape. I~~e?~ Ihis marip~~~r ari~~ fhe PSI(lIP h~rP6y crNat~, ~ha~~ cease, de-
terminp an~ ~ nu~~ an~ ~~oi~~.
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~ IU~~ the mo?tgagu? ~u•rcby lurther cu~~enanfs aru~ ogr~•es fo pay promplly when due fhe principul and
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! infprns! and olher sums oj money provicred ~ur in saic~ note an~ I~is morfgage, o~ eifher: fo pay a~~ and
sinyulur the tnre:, assessments. IPP[PS, liabililies, oblinatio~?s, and enru?nb?,nnces o' Pl'PIy IIOIIIIP Otl 3ald Pf'O-
~ perfy: tc~ permil, commif w au~~P~ no wnste, impairmenl or I~PIP/IOM~1011 u~ sni~~ ~ane~ or Ihe improvements
;I tliPreon at nny Iime; to IrPep tlte buildin,ys nou~ or h~r~a(t~r on said IanJ (ully u~sur~~d in a sum o/ no1 less
~tia~ full insurable value
;i in a comEwny or companiNS acce•ptable fo I~i~ mortga~~e, i~~a {w~icy or M,~i~i~•s fo he he~~ {~y, und paya6le
~ fo, sai~~ morfgagvP, an~ in ftie evenf anq sum o~ maney brcomes payah~r hy niHup o~ such insurance fhe
~ morf~a~Pe shall ha~~e the right to receive and opply tl~e samp to fhe ind~6lwlness hereby sPCUred, ac~counting
~j I d I d~ !aw ~r s d
~ fo the mo?tga~or jor any surp us: fo pay a~~ costs, charges, an e.Ype~~ses. in~ u u~g y~(ees an tit~e
searr{~~•s, reasona~?Iy incurrnc~ or ~~d 6y thp morfgngee tiecause o~ f{~.~ rne~eu~ o~ fhe mortgagor to prompl~y
nnd /ully i~omply with IhP aflreemenfs, stipu~afions, conclitiuns anc~ corvnanls u~ said note ancr ttiia mortgage.
or pill~~r: fo per~orm, comp~y u~ifh and a6~dp by pa~h ancl Nvery the ag?v~•mi~nts, slipu~afiona, concrilions anc~
coi~enanls sef 'orfh in said nofe and t~is mort~age or eiftier. In fl~e p~~Nn1 t~~e moetgagor ~ai~s fo pay when
j, due any fqx, assessmPnt, insurance premium or olher sum oj money pava~~~r 6y i~irlue oJ saic~ note ant~ fhis
morfgnge, or eilher, t~~~ mort~agve may ~y tl~P same, wifhouf u~aiviny ~~r a~~ecting fhe opfio?1 to ~orec~ose g
~1 or any olhrr right /~prpunclPr. anrl aII sucl~ payments s/~all 6ear interp~t (mm date tl~preo) at fhe I~igltest law- ~
'i (u~ mtP ll~~n a~lo~vecl 6v the Im~~s o( fhn State o) F~orida. ~
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uny sum o~ mon~v I~rrPirt rn(errc~c~ to f~e not promplly pairl wil~iin t@p ~~nYs next a(ter ~
the samr I~~w-omes due, or i~ ea~~{~ and euerv thp agreements, sfipulalions. ~wn~Iitiuns nnd conenants o) saitl
nofp an~l this morlgage, or ~ifhar, are not )u~ly pe?(ormed, comp~ied u~ith a~c1 Q6~ded 6y. f1~en Il~e e~ti?e
sum mentionpd in said nofe, and this mortgage, or the enfir+e 6alance unpaid thereon, skall (ortl~u~it1~ or
f~prea~fPr, af fhe option o) I~p moriga~ee, become and 6e d„e a~d ~ya6l~, anyt{~ing in said nole or tierein
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to Ihe ~~onfmry notwilhsfunc~inp. Failure by tl~e mortflagee fo pxetcise any o~ t~e rig~ts or optiona ~etein
i~ procicrv.~ sha~~ nof ronslifufP a iraivPr o+ any ri~f~fs or opfions u~d~r sai~ nnfr or fhis mo~tt~age acctuet~ or
;f Ihe~~aJlrr ar~•ruing. -
~ ~n ~itness ~hereof
` ~ I~e saic~ morfqaqor tias ~IPMIlflIO SIf~fIPC~ anc~ sea~ fhete presenls !tie
t~ay anr~ v~•ar jirsf ahat~e ~rrill~~n ~
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Si~~nN~l ,rnl~~r~ and r1Nli~~ered in fI~P prPSence o~: I =
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-1-- -~l./ _ - , 09:- -
~ ~ . \ R bert Wil am Ort ~
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,i - ---r~~- . -~~-t~.~~t.---------- - ~ obeita..J . .Or on
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I STATF. ( } )RIDA. ~ ;
~ ~ cot~r~~t• ~ ?t INDIAN RIVER
~ I HEREBY (:ERTIFY that on this day, befon me~ an
offirer dul~ iu~h:~ri~~d in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared
~ ~ R4BERT WILLIAM ~RTON and ROBERTA JO ORTON, his wife,
~ to mr knoan t~~ Ik• the prnon 8 d~scribed in and who ~]C~fU~rd the foregoinq instrument and they acknowkdged
~ Fxfore me th.~: they rx~cuted th~ sama ~
~ ~1'!7~\: r:n hand and o((icial seal in the County and State last a(oresaid this %`q day of :
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~ October .a. v. ~9 77. ~
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Lt A C A EG ~ G.._ L._~._.'. - -~-,c- -t~ i
41~p~~~~~Nt~Y Notary ub`~ic, ~ a~te~~of---Flori a !
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~ I~ ROCERVQITRAS at Large. My Commission expires: '
~ CLERK CtACUIT COURi
~ iI t y[p,ftCp ,
~ `t ~ May 22 , 197 9 . _ . . _
~ DEC l I 2o PH 7z _
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