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HomeMy WebLinkAbout0765 and shall pe?jorm, comp~y ~vifR an~ n6~de by ~1, artd ei~ery f~e agreements, stipu~allorit, conJitions and conenants IF~ereof, and of this mort~asie, 11?en Il~is moNpa~e and IhP estate F~ereb~r cnafed, shnll ceass, de- iermtne an~I ~ nu« an~ i~oi~. • 11~ Itin mortga~or ~~en+by ju~ltier covenanfs nntr agrees lo poy promplly when due fhe princtpa~ and tnle?ps! and olher sums o( money provic~ec~ jor tn saic~ note and Ihis morfgage, o~ etther: fo pay a~~ and atngu~ar the ta.res, nssessmenis, ~ei~ies, Iia6tlilies, ob~igalions, nnd encumbronces of euery natwe on snld pro- perty; fo pe?mif. commif or suj(er no u~asle, impairmenl or deterioraiiun u; aaid land or t~e improvemenla ftiPrecn af any fime: fo ~PPp IhP {?ui~~in{~s now or he?wa(f~r on s~icl Iantr ~u~~y tnsured in a aum of nof ~ess than full insurable value, in u company or companies a~reptable fo the morlgagee. Ihe policy or poltcies l0 6e held by, and paya6l~ to, sai~ morfgagee, an~ in Itie evenf any sum o~ money becomea ~xiya6l~ 6y virtue o~ sucti ir~urnnce t~~ morfgapep sf~all f~aue the rig{~t to receive and opply the swne to fl~e inde6tedness here6y secured, nceountt~g to fhe mo?tga~or (or any surplus; fo pay a~~ cosfs, chargea, and expenses, inc~uding ~awyer s jees nnc~ tit~s • s~nrl~oe rotLSOnnb~p incurrec~ or paid 6y Il~e mo~tgagee because o~ i{~e ~ai~ure o/ the mortgogor to promptlr and f ully comply u~ith the agreemenls, slipulalions, eondittor~.t and covenants of said nole artd Ihis mortgagt. or eiiher: fo per~orm, comply with and abide 6y eacl~ and every Ihe agreeinenli, afipu~ntions, conc~ilions and covenanls set ~orlh in saic~ note and tf~i~ morfgnge or eii~er. ~n fha-euen! t~e morfgagor fai~.t io pay when c~ue any 1ax, assessmPnt. insurance premium or o1F~er sum o( money paya6le 6y viriue o~ aaid no~. aRd tk~s mortgage, or eil~~er, fhe mortgagee may pay ttie same, wittioul waivtng o~ a~(ecfing ff~e oplion to ~orec~oso or any other ripht I~n~eunder, and alI such payments stiall bear intereat from date Iheeroj at ll~e bighes! Inw- (ul rate IhPn allou~ed 6y Ihp law~ oJ the State o) Flo?ida. •.~l any sum oj moneY tierein rr~Prret~ lo ~e not.prompi~y pnid wilhin f~t~il days next a`tet t{~e same ~~ecom~s ~ue, or i~ each an~ ~uery ihe agreemenfs. siipu~alions, conditions ancr covenanfs o~ sait~ note and this mortc~aye, or eitl~er, are not Jully per/ormed, complied u~itl~ and a6td~ 6y, Il~en the enti?e ~ ium menfioned in said note, antr this mortgage, or tl~e entire ba~nnce unpaid i{~er+eon, shs!! Jo~~w~~h or ~ tl~erea/ter, at Ihe option oj the mortgapee. 6ecomp nnd 6e due and paya6le, anything in said nole or herein { !o !{ee ronlrary nofu~ilF~slan~Iing. Fai~urp 6y 1{~e morfgagee to exercise any oj tke righfs o~ opfions ~e?ein prouiJc~ s{~a~~ nof consfilufe n waiver o~ any rigRts or options uncler sai~ nole or this morlgage accrued or ttierea~f~r accruing. - ~n ~~N{~ ~,~({LO`~ t~lP SQt~ morlgagor ~OS F~Prnunlo signecl oncl sealecl t{~ese presents the c~ay an~ year jirsf a6one u+rilfen. SIQIIP . SPO~P~ U/I~ ~P~II~P~P~ 1/1 ~~P P~PSPIICP O~: ' : , ( . . II~ ~ ' - -~ifr..Xl ~ /(C~~~ji~sifi:F(/L ' - - - ~ E,~ . . . - - - - .Q - --J ~t S. ~Sapp~--- Q~ ~ ' - - - ---1.~c.- - - - , ' . iS , • ~ - ~ • • ~ As to all parties - - --Cleo Derosi,ers ~ . ~ ~ _ STATE OF FLORIDA~ ~ COU:v'TY ()F I11~ffi1 R~Vi2r I HEREBY CER'I'IFY that on this day, before me, an officer duty authorized in the Sut~ a(orcsaid and in the County aforesaid to tak~ ackaowltdgmenb~ personaUy appeared , RAYM)I~ID E. SAP'P and JAi~T S. SAP'P , his wlfe ; and JO6F~H LER06~RS ~d Q2]0 IElt06IERS , his wife , to me known to be the prnong described in and who oxecuted the foregoing instrument and ~y acknowkd~td be[orc me that t~ exccuted the same. WI7'NESS my hand and o(ficial xal in the County and State last aforesaid this o?o~ daY of -X: D. 19 . r;~ei~; - , ~ • ~ .__l~~.rCf!L~iL[a-----~..._..1.--'-L~L~~~~~w~f[~s- ~ ' ' t-" ' M ~ . ; F ~ ~.L ~ . - ~ c o ~ C ~ C~~ Public State of Florida at Larg ~ ~ • ^ ~r _ . '1': _ r ~ ~ e . ~ . : _ : : = : - . ' : ~ . _ . - - , ; My Co~ssion Expires : 6~Fo ~ ' ~ ~ L~ 4~398 ~ ~ - ~ 'I8 OEC 6 a~1 : OS ~ - . . . ~ c~rr,~: . o ~ 29 _ ~~~~K 9 ~ 765 TJ,u I,wranrc~,~ p,rpa,rd by: Q~aries A, suliivan, F.sq. , of Suliivan & Cobb ~ Ad~/nas Post Office Boac 3~ Vero Beach, Flo~rida 32960 ~ ~ ..~R~ - s~ _ ~ _ - r..:~~~' . ~ _ . _ . - :