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HomeMy WebLinkAbout0590 and ~holl perJo?~n, rnatply wllk and a6td. 6r ~ h ond e~~ery tf~e agr~n«nti, ilipulattoni, cond~ttoru and ~ rnvenanta fhertof, and o~ fhit mo?fgage, t~en fhls mortgage and f1~~ ~~tpls 1~..~.6r crowf~, ahall ceaie, d~- termi~e and 6~ null nnd vold. ~ ~ 11~e morfgagor tien~6y (urt~vr co~?enanta and ug?eos to pay promplly wl~en dw thv prtnclpal and inferpsf and of~?er iums o~ money provtd~d for in aatd nota and t~ti mortgage. or eifh~?; to par n~~ w?c~ atngu~ar lhe taxes, asiessments, ~evtea, ~Iadi~Iti~t, ob~igallont, anc~ ~nctunbrancea o~ every natcw on satd pro- perty: fo permtf. comn~lt or au~fer no wasfe, t?npatrme~t or delniorofton o~ ~atd bRd o? fhe improwmenls theeron al any time: to Ireep !he 6utldtngi now or h~f ter on :aid land (u~~y insured in a sum o( not ~s~~ than ' in o company o? componiet acceptab~ to f~o rnorfgagN, fke poucp or po~tciea to 6e h.ld by, and ~rabl~ !o, aatd morfgagee, und in f1~t evont any sum oj mo~ey beco~n~s rxiyabl~ 6y oirtue o~ suck iruurance ihe mortgagee ~ha~~ tiave Ihe rtgl~t to receiue and apply !he inm~ to II~s indebtedness I~ere6y aecure~I, aecounling to t{~e mo~lgagor (or nny surp~w; to pay u~~ coslt, charget, and experues. lnc~uding ~awyor~s jeet ane~ title searcl~PS, rensonably lncurred or pnid by flte nwrtgagee bscnwe of 1~?e ful~ure o~ the mortgagor to prompl~r ancl ~~illy comply well~ fl~a ogreen~enb, sfipu~atlons, ~o~,dieio~, aRd ~o~~~r, oJ ioid note and tkis mortgogs. or eilher: lo per~orm, rnmply wtth and nbidt 6y each and every ftie ngreen~enfa, stipu~tioru, rnndiliona and rnuenanb set ~ort~ in said note anc~ ftiis morfgaAe o~ either. In fhe ewnt !he mortgngor /a~~ ~o ~r w~ien d„e ~y tox, assessment, iruuranee premiun~ or otl~er iuen o/ money papa6le by uirtue of said rtofe and Ihis mo?tgage. or either, the mortgngee mny ~y t1~e same, withouf watving or nf~ecting fhe oplion to ~orec~ose ur any ~iher ?ig~i hereund~r. snd aU ;u:,~ ~rrn€~!s shnl! 6rcr :nte.-rst Jrorre data l~Srreo( nE !~e ~dg~e•~ 1~~;•- (ul rate then allowed by fl~e Iaws o( l6e State o( Florida. ~L uny sum o/ money herein re(errecl Io be not promptly paid wilhin ~ayi nex! n~ter tf~e same becomea due, or i( eacl~ and eve?y Ihe agreements, slipulations, conditions and covenants o/ said note and t1~is mortgage, or eitl~er, nre not (ully per/ormetl, complied with -and abtded by. l1~en the entire sum mentioned in aaid note, and this mwtgage, o? tl~e enlire balanco unpnid therpon, sholl jorthwitk or thereafter, at the option o( 1he mortgagee, bec~ome nnd 6e d~ nRd ~ya6t~, anytl~ing in anid note or he?ein to the conlrary notwitl~slancling. Failure 6y tha mortgagee to exerciie anr of the rig~ts or optiona heretn proviclecl shn~~ nof conslilute n u~niver o/ any ~1~~, or oplions urtder sait~ note or ftiis enortgage accnied or inerea;trr acY=~uir~d. ] F Dn fV~Lil~ W~~L~ 1{~e said nw?fgagor htu ~ereunlo aig~ec~ and sen~ thete presenis ftie ~ny an~ year (irst a~ove written. Signed. sealed ancl delii~red in f1~Q prQSenco of : ,V~' ..'~.'_r~.~4-~...-.`.~->-----t~--~~~c.a..~------ . - - ~ `I ~ lph M Agos . . . ' _.-Y.- --~-~1.~. ~ . . . . ~ ~..~~...~~-Gt,_ ~ . ~ ~ . E zabeth M. Agost i ' `'''~y/l~-' ' ~`~'c fi . ~ ~ . , ~ , • , ~ . : ~ ~L t i.,/' ~l ~tr~l ~ :l n~.~---=- - - - ~ ~ ~ ~ ~ STATE dF FLORiDA~ ~ i CoUNTY oF Indian River I HEREBY CERTIFY that on this dar~ be[ore me. an - , o(ticer duly authorized in the State a(oresaid and in the County aforesaid to take ackuowledgmcnb~ penonaUr appeared Ralph M. Agostini and Elizabeth M. Agostini, his wife ~J ~~~L.? to me known to br the per~od described in and who ezecuted the [oregoing instrument and t~t~Z ~ acknrnrkdg~' ~ ~ betore me that they executed the same. ~ I 7 f,' ~ - WITI~ESS my hand and ot(icia! sea! ia the County and Sate last aforesaid this #"3'~ .oda¢ i~F • a,-.- -r, December 77 ~s 3'y1 ~ ~J A. D. 19 . ; . . , ~ . ; J I . . ~ . ~ ~ fi~ ~ L / ' ~ . . . • . ~ ~~Y F~l ~ . _ ~ l~._.... ~1~-:- - . , , ~ ~s~~~ ¢~~~S j . . . . . ~ Cl ~fIQ~~~ YUI~ L~'~H _ t:"ary i'~'_ _ ~ at Larg~ ~ , r '1•..~ My ~~rt;m~ss,on E.xpires Dec. 29, 1980. ~ ~ FEB 20 ~ e ~ ~ ~ 3942~7 ~ ~ R 5S2 g4~t~ Gd1L.. PAGE 17r;f Lurrra~rart prrpnrrd by: ` THIS IN.STI2UMENt WAS PREP~,RED 6~ ~ ~~'~r~~~" FIRST CI7R;JS E3ANK QF ~ INDIAN RIVER COUNTY ~OOKD 5 U L fr.l;~ ~ ~ 3 VERO 6~ACH, FLORIDq ~ . _ . : _