HomeMy WebLinkAbout3003 and shall perform, comply urtth and abide 6y each and every the agreements, slipulattorei, conditions and
covenants thereof, and of this mortpape, then Ihts mortgage and tits estate hereby created, shall cease, de-
fermine artd 6e null artd void.
find the mortga{tor hererby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the fares, assessments, levies, liabilities, obligation's, and encumbrances of every nature on said pro- '
pe?fy: fo permit, commit or stcf
ter rto waste, impairment or deterioration of said land or the improuemenfs
'therecrt al art time; fo keep the bu,'`dings now or herPajfer on said land jolly instued in a sum of not lass
than ful~ insurable value
In a company or companies acceptable fo the mortgagee, the poQty or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any strrpltrs; to pay all costs, charges, and expenses, including lawyers Jess and fills
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply urith the agreements, stipulations, conditions and covenants of said note and this morfgoge,
or either: to perform, comply with and abide 6y each and every the agreements, stipulations, condiftons and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jaib to pay when
due any tax, assessment. instcra?tce premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date fhereoJ at the highest law-
f ul rate `than allowed by the lours of the State of Florida.
any sum of mo?cey ltereirc referred to be not promptly paid within fifteen days next affee
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
' note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anpthing in said note or herein
to the contrary notttrithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provtdetl shall not constihcte a waiver of any rights. or options under said note or this mortgage accrued or
thereat ter accruing.
~n witness whereof, t?ce said mortgagor has heretcnto signed and sealed these presents the
day and year f
irsf above written.
Signed. SPaIP(l a?Id delll'PfPfl In the preSP/1CP Of / • -
onald J . Cain
s o r sin-
- - - ~ - - - . - - - i
i
F
STATE OF FLORIDA,
COL'1TY OF INDIAN RIVER ~ ~
I HEREBY CERTIFY that on this day, betorc me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdgments, personally appeared
Ronald J. Cain F
g
s to me• known to br the person described in and who executed the foreQOinq instrument and he acknow]edRed
before nie that he executed the same. }
\1'I'l:\F.SS my hand and official seal in the County and State last aforesaid this ~ L; day of
i A. D. 19 7 9
o ~
s
- -~G.-`
Nota~u ic, State of Florida
~st9 HaY -2 1114 11~ 25 at Large. My Commission Expires:
° FIL~LE~tDCCA~EFiL'pR~ECOKi3ELg Ilp1ARY VllIL1C STATE OF flURlgA Ar tJ`Ki s
' ~T~t06ER
POITRAS nr CO~?sSEa+ twu~S yw . Ee rues ~ ~
y ~l.~RK CIRCUIT COURT faOM~EO Ttiu ~ tlrrpEtWRtfEs
'RECORb•YERIFIEtJ ~
- 4426 .
(NOTARY SEAL. - ,
- -
T/rrs hutnn,r~„t prepared hy: William J. Stewart, Esq. . ~
McKinnon $ Stewart Chartered ee~~//~`
~~`/`/>7:u Post Office Box 3345 E;,~!!J11~ F,,:{
Vero Beach, Florida 32960
~ ,
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