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HomeMy WebLinkAbout0776 , and s~a~~ per(onn, co~np~y wif{~ and a6ide 6y each a~d e~~ery !~e ag?eemenf~, alipu~aliont, condilions ond c~onenanls tl~e?eo~. and oJ Ihi~ mortgage, tl~en tl~is mo?lpage and tl~e ~state f~ereby created, sl~all ceaae, da- termine and 6e null and void. ni~ Itip mo~tgagor tien~tiy lurftier covenanls and agrees fo pay prompt~y wtien dua 1~?Q principa~ and infe?rsl and ot{~er sums o~ money providecj (or in satc~ note anc~ ttiis mortgage, or eilhe?: fo pay a~~ nnd singular t1~e taxes, assessments, le~~es, Iia6~Iiliei, obligattons, and encumbmnces oj every nature on said pro- perly: fo pe~mil, coenmil o? suj(er no waste, impuirment o? 'defertorution of sqid ~and or ftie impruvemenls 11~erro~ al any time; to ~eep the 6uildinga now o~ he~wa~ter on sa~cl Iand f ully insured in a sum oJ not less ~~,QR their full insurable value in n company or compantet accepta6~~ fo Ihe morfgagee, ttie po~tcp or po~icies fo be held 6y, and payable to, snid moeigagee, and in tl~~ evont uny sum o) money becomes ~yn6l~ 6y virtue o~ suck insu?ance tl~e mortgagee shall hnve tf~s ~ight to ~eceive and apply tke ia~ne to tl~e inde6tedness here6y secured: acrnunting fo !~e niorfgngor (or any aurplua; !o pay a~~ rnsla, charges, and expenses. inc~uding ~wyer a~ees and lif~s senrctips. reasonably inc~~d or ~~d 6y ehe ~+oreAo9~ because o~ ih~ jai~ure o~ the mortgngor to prompl~r nnd JuIIy co~nply with tbe nereements, stipulations, condittons and covenants o~ sa~d note ~d iht, mo~~ga9e. or eil~rr: to per(orm, romply wte6 and a6tde 6y eo~h and every fhe agreements, stipu~ntions, conditio?u und covennnls set jortl~ in said note ~d th~ mo~tguge or eithe~. In the event !he mortgagor f ails to pny wken d~ w~y eax, ussessment. insurance premium or otl~er surn oj money pnya6le 6y vi?tue oJ said note and this ntortgage, or ei[her, ftie mo~fgogee may pay the sarne, u~ithout waining or af~ecling fhe optton to forec~ose or any o!{~er riql~t hereunder, and nll such pnyments stinll 6ear interest jrom date ~hereo/ n! the I~Igkesf Iaw- (u~ rate Il~en a~lowed by the ~owa o( 16e State o~ F~orida. 1L any sum of money I~erein re(erred to be no! promplly paid within ten days nexf aJter ' Ihe same bpc-omes due, or iJ each and every tl~e ogreements. slipulntions, conditiona and couenanls o( anid note and this mortgage, or ai~l~er, nre Rot ju~Iy pe~ormee~. complied with ~and a6idecl 6y, tl~en tl~e entire suM rnentioned in aaid note, nnd tkis mortgnge, or t6e entire balanc~ unpnid tf?ereon, sl~all ~ortl~witl~ or 1l~erea)ter, nt 1ke optian o~ Il~e mortgagee. 6ecorne ancl be due nnd pnya6le, anylhing in ~aid note or herein to t~e contrary nofwif~stnnding. Failure 6y tl~e morfgagee to ezenciie nny oj f~e rigktt or options kerein pro~~ided sha~l not constifute a u~aiver o~ anr rig~ts or options unt~er raic~ nofe or Ihiu rnorlgnge acc?ued or I~erea(ter atY'ruing. ~n 1~iLL1~~ W~~l~ I~e snte~ nwrfgagor has hereunfo signed anc~ sea~ ttieae presenls fhe ALA~'lC~rt~D~~~~~~Va~Yl1~~S~~YSH~17I785,27,L00GETHER WITH ACCRUED INTERESTYMIFTANY,TAND Signed, senled nnd deli~•ered in ~6e Presenco o/: ALL ADVANCEMENTS MAUE B THE N1bRTGAGEE UNDE THE'~%~ OF THIS MO GE. ~ , / - ~ ~ - - - - _ . --------`-'-L.~,`- ~l~ - r~ ~ ~ Geor e A-. ~o ~ , . ; ~ , . ~ L ~ / ' 4!~/~-/~--~'X-~~~-~-~f.'z~•-•----• - jf`'-_C::Y...__. - - ~ ~ ~ce~ooper i F ~ E ~ E - - - - - . - - - ~ ~ - - ~ ~ ~ ~ STATE OF FLORIDA. ~ courrt~r oF ~ INOIAN RIVER - I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the Sut~ aforcsaid and in the County aforesaid to take ack~owkdgments, personallp appeued ~ GEORGE A. COOPER and ALICE COOPER, his wife, ~ to me known to Ix the penon S described in and who executed the [orcqoins -instrument and they acknowkd~ed before me that they exccuted the same. WITNESS my hand and o((icial seai in the County and State last aforesaid this 30th dar o( March A. D_ 19 ~8. . ^ ~ fILEO AND FtECOitDEO ~ r~Qt~~L~ Cc~.. ~ SS.lt1C1E C09MtY Fll?_ ' aoc£~ P~'iaAS aT Notary Publ ic, State of Florida at ~ G;:••'' ; ~ ~,-aY, ~w~f cou Large. ~ ~ ~ _ :f`to~~'~-~ '`J M Comnission ex ires: 3~'' / ~ . ~ y P ~ ~ - ~ r: a~R 3 09 PN ~ G`~ = ~ . `'••:~r` ~4i~~D2Si , ~ Joan L. Morris 60G~~AJ PA~E ~ I7irs I,cunnne,rr p.rp~rc~l by: Assistant Vice President AJd,cu Cormiercial Bank of Vero Beach ~ P'. 0. Box 2767, Vero Qeach, Fla. 32960 ~ _ ~ ~ . - • - - _