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HomeMy WebLinkAbout2058 t _ . - _ ~ _ and shall perform, comply with and abide by each red et+ery the agreements, stipulatloru, conditions and cot?snants thereof, and of iha mortgage, then this tgage and the estate herby created, shall cease. de- termine rend be null and void. the mortgagor hernby further covenants and rees to pay promptly when dw the principal and interest and other sums of money provided for to said note and this mortgage, or either; to pay all and singular the faxes, ns:ea:meats, levies, liabilities. obligations, and encumbrances of every nature on said pro- perty; to permit, comml! or suffer no waste, Impairment or detertor+atlon of said land or th• improvements lheneon at any time: to beep the buildings now or hereafter on said land fully insured in a sum of not less than full insurable value - in acompany or companies acceptable to the mortgagee. the Polley or policies fo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by viriw of such insurance the mortgagee shall have the right !o receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any stsrplw: to pay all costa. charges. and expenses. including lawyer's jeer and title searches. reasonably lncttrred or paid by the rnorfgngee 6ecnwe of the jatltue of the mortgagor to promptly rend fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to perform. comply with and abide 6y arch rend every the agreement. stipulations. conditions and covenants set forth in said note rend this. mortgage or either. In the event the mortgagor jails to prey when dw y tax, asseument, iruuronce premium or other sum of money payable by virtw of said note and this mor gage. or either, the mortgagee may prey the snore, without waiving or of jecting the option to foreclose or y other right hereunder, and all such payments shnU bear interest from date thereof at the highest law- f ul ate then nllou.+ed by the laws of the State of Florida. y sum of money herein referred io 6e not promptly paid within thirty days next after the same b ores due, or if each and every the agreements, stipulations, rnnditiona and eovenanta of said note and t s moNgage, or either, ore not f ully ~ pert ormed, complied with -and abided by, then the entire sum meat reed in said note, and this mortgage. or the entire balance unpaid therron, shall forthwith or thereajt at the option of the mortgagee, become rend be due and payable. anything in said, note or herein to the conlrory notwithstanding. Failure by the mortgages to exercise any of the rights or options herein provided shall not constiittte a u~niver o) any rights or options under said note or thin mortgage accrued or thereafter accruing. ~n ~hl~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and de 't+ered in the presence of .r . ~J ;-i Woodson D. .Carpenter Dolores M. Carpente € VERO BEACH FLORIDA ~ n STATE OF FLORIDA, X79 Q°R 26 PM ~ 52 COUNTY OF INDIAN RIVER ~9p ~ TIFY that on this da before rne, an C~'1 I HEREBY CER y. otticer duly authorised in the State@ba~id.a~d-.~n~tfte..~otX. aforesaid to take ackrtowkdgmenu, personally appeared WOODSON D. CARPENTER AND DOIARES M. CARPENTER to me known to be the prrson 3 described in and who executed the iorc¢oinq instrument and they acknowkd;ed before me that they executed the same. WITNESS my hand and oiticial seal in the County and State last aforesaid this THIRD~,~_• .-day of APRIL A D 19 79. ~ ~ - '~i _ - - _ _ - _ p STATE FLb~ A~:~E - _ ~ mY commiss on expires; b - - _---f~ Notary Put~l+c. state bi •F~oeda ac to i k ~ ~ ,d, ~ My 9~ l ~ . ~ ~ _ }`4 -+1- l~iu hulrrn~uir! er~rp~'~!re~ hy: Lucy A. Rozier, secretary, First Citrus Bank of Indian RiV Co. ~ Post Office Box 1269, Vero Beach, FL 32960 AJJn~s ~ R 80~~ ~ 58 _ - i - u