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and shall perform, comply with and abide by each and every the ogreemsnts, stipulations, condittoru and
covenants thereof, and of Ibis murtifatre, then this mortgage and the estate hereby created, shall cease. de-
termine and be rutty and void.
I><IL~ flte mortgagor hen+by further covertanls and agrees fo pay promptly when due the principal and
irtteresf and other sums of money provided for to said note and this mortgage, or either: to pay all and
singular the tares, assessments, levies, liabilities, obligations, and encumbronces of every nattue on said pro-
perly: fo permit, commit or strf
jer rto u~asfe, impairment or deteriorolton of said land or fhe improvements
fherrcn nt any time: fo keep the buildings.now o? hereafter on said land fully insured in a sum of not Ieu
than full insurable value
in a contfrany or companies acceptable fo the mortgagee, fhe policy or policies to be held by, and payable
to, said mortgagee, arld in fhe event any sum of money becomes poynble by virtue of stub insurance the
mortgagee shall bane fhe right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus: fo pay all cost:, charges, and expen:es, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of fhe failure of the mortgagor to promptly .
artd jolly comply u~ifh the agreements, stipulations, rnndtttons and covenants of said note and Ibis mortgage,
or eillter; fo perform, comply with and abide 6y each and~every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, nss~ssmertf, instr?anre premium or other sum of money payable by virtue of said note and this
mortgage, or either, fhe mwfgagee may pay the same, without wniuing or affecting the option to foreclose
or any other right Iteretrncler, and all such payments shall bear interest from date thereof at the highest Inw-
jtrl rate then ollotued by the Iatt~s of the State of Florida.
any sum of money herein re(ened t0 be not promptly paid within 30 days next after
the same becOmPS due, or if each artd every fhe"agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully per/ormed. complied with and abided -by, then the entire
sum mentioned in said note, artd this mortgage, or fhe entire balance unpaid thereon, shalt forthwith or
thereafter, of fhe option of the mortgagee. become and 6e dtte and payable, anything in said note or herein
to fhe contrary nofwithsfanding. Failure by the mortgagee fo exercise any of fhe rights or options herein
provided shall not constitute a trainer of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~lttt whereof, the said morfria4ur has heMttnto signed and sealed these presents the
day ar irs ~ trriflers.
Signed, s e eIi Bred in the, presence of
~
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- --...a.4~~-~- - - - -
a STATE OF FLORIDA,
~ rc)t;~TY c)F I~1DIAN RTVER ~
I HEREBY CERTIFY that on this day, before rne, an {
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
ROY I , ANDERSEN
to me known to be the person described in and who executed the toregoinR instrument and he ackrwwledRed
Ix•fore me that he executed the same.
r -
H'I7?\ESS my hand and official seal in the (:ounty and State last aforesaid this 1St day of ~
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_ . , , , , • .~-v ~'t ` l,tarc Fl~_..LJ:..:i tAit~i`
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~ _ . My Canndss3~a~'~
- - , , 6AY C SSIONE%%~.:5 CEC. i9, 1982
f!OlIDED iHRU GENcRAI INS. UNDfRWRl1ER!
_ 436U'75
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Charles A. Sullivan, Esq.
Sullivan & Cobb ~
l7iu f»~,T»»c»
~ pnpar+rrl hy: Post Office Box 3 0 R
AJJnxt Vero Beach, Fla. 32960 ~ PACF1„~,~ ,
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