HomeMy WebLinkAbout0731 an~ shall perlorm, ~~on~p~y u~ilti an~ ~6ide 6y eacti an~ eoery fhe agrrement~, ~fipu~alioris, condtfiQns and
rnvenants the~roJ, a~ul oJ Ihis mort~asie, I~pn tl~ts mwfgnge and th~? estate hp.~6y c?patecl, shall cewe, de-
fermine an~I I~e null and ~~oid.
~n~ 1/~p morigo~o~ ~~Pn~tiy lurll~er co~~enanls ond agrees to pay promptly when due the principul and
inlernst anc~ ofher sums of money provi~IcKI Jor in said nole and fhis morfgage, o~ eittier; fo /ny al~ and
stngu~ar Ifie ~AXPS, assessmenls, ~~viea. ~ia~~i~iliPS, ob~igolions. and encumtimnces o~ every nature on snId pro-
perly; fo pe?mil. commit or su~(er no u~aslp, Impai?menf or ~eferioration o( saic~ ~and or Ihe tmpwvemenfi
thernc~i al any lime: to ~PPn IhP buildings nou~ o~ he?ra~t~~ on said land ~ully insured in a sum o/ nof less
~~a~ full i~surable value
in a company o~ companies accppto~~e fo Ihe mortgagee. Itie po~tcy o~ po~tcies to 6a heW 6>, and paya6le
to, said morf~aqee, and in tl~e ~ven1 ~any sum oj money becomes puya6le by virtue oJ suck insuranca Ihe
mortgagee shall ha~~e Ihe ~i~hl to rM•eive and apply !ke same to the inde6tedness here6y securecl, accounling
fo fhe mo~lgagor ~o~ any surplus: fo pay a~~ costs. ChQf'QBS, and expenses: inc~uding ~awyer s Jees nnd itl~s
sea?ches, rpasona~?~y inc~irre~ or pai~ hy 1{~p morigagee because of Itie jai~ure o~ fhe morfgagor fo prompl~y
nnd /u~~y c-omply u~ill~ Ihe agreemer~fs, sfipu~alions. ~onc~ifions anc~ covenanls o( said note an~ lkis mortgnge.
or either: to per~orm, comply with and a6ide by eac1~ an~I every the agreements, slipu~ations. condilions and
CO!'PIlAf1I1 set jortl~ in said note nnd lhis mortgape or either. In Ihe even! the mortgngor /ails !o pny u~1~en ~
c~ue any fa.r, assessmer~f, insurnnce p~emiurrt or ofher sum o~ money paya6le by virfue oj saicl nofe and fhis
mortgage, or eif~ier, lhe morl~agep~ may pay I~e same. without waiving or ajlecting the oplion !o (orec~ose
or any other rig{~t 6erpund~r, and all sucl~ payments s{~a~~ bear interest (rom date thereof at ftie highest lnw-
'UI ~AIP I~IP/I UIIOILC(~ OV I~P IAU~S O~ ~hP SIQIP O~ FIOrIQ~I_
1l any sum oJ monny hnrPin re(er?ec~ lo tie not prompf~y pait~ within 15 ~ays nexl nJter
thp sam~ I~e~omes due, or i~ each dll~ Pl'PIy I~P agreements, sfipulafions, conditions and covenants o~ said
- IIO~P AII~ ~l113 morl,yag~, OI PIt~IPr, A~P fl0~ lully per~01'fI1P~, compliecl WI~~ and a6~ded by, ~~P/I ~IIB P/1~1M
sum mentioned in said note, arid lhis mortgage, or the entire balnnce unpaid ihereon, shall /oM6wit1~ or
I~ereaJler, at ftie opfiort o~ t{~e morlgagee, 6ncome and 6p due and payable, Qnyttitng in sait~~nole or tierein
fo t~e confmry nolu~ifl~stnn~ing. Failure ~~y t{~e morfgagee to pxer+cise any o~ fhe rig~fs or options herein
pr+ovicleci sha~~ not consfilut~ a u~ain~r o~ any ri~hfs or oplions umler saic~ nofe or ttiis morfgage accrued or
i~ierea~t~r a~cn~in~.
~n ~itness~ ~hereof~ fhe s~id mortgaqor has I~PrPUnlo signc~ and sealed ehese presents the
cray an~~ yc~ar Jirst a~~o~~e trritlen.
Sign~d. senlpcl and d~1i~~ered in th~ pr~sPnre o): / -
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o both a t es Kat~. Haug GGt.~.c~
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STa1TE OF FLnRIDA~ ~
cc~L~~' c~F INDIAN RIVER
i HEREBY CER7'IFY that on this day~ be(orc me, an
~ o((icer duly authorizrd in thr Stat~ a(oresaid and in lh~ County aforrsaid to tak~ acknowledqments, p~rsonally appeared
David C. Haug and Kathy H. Haug, his wife
to me known to Ix th~ pe•rsong dexribed in and who exccuted the (orr¢oinq instrum~nt and Whp acknowledSed
Fxfur~ mc that they~ifcuted thc same. ~
NI'1'~iESS my hand and o(ficial seal in th~~ Count~• and Stati• last a(oresaid this 1 S/ day of •
~'/IQit GLt. A. D. 19 ~f ~
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ANp iiECOttG- = - - - - y=,--j",./.:~..'.--.....-~--
: f1~E~~tE COUNSr ft' N tary Public State of Floric~a
SS~~y ~PO~`~A' a- at Large. My Commission Expires
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Boox 284 P~ ?~5 ~ . . -
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I I~u Ins~niu~~~r~ prc~pnrrrl hy: SAMUE L A . BLOCK ~ • • • . ~ ~ ~
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;1 ~/rlrf~~ P. O. Box 19 00 ~
~ Vero eeach, FLorida 32960 ~ ~
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