HomeMy WebLinkAbout2085 and shall perform, comply u~ilh and abide 6y each and-every the agreements, stipulations, conditions and
cavPrlanfs IherPOf. arld of Ellis mortgage, Ihen this mortgage and th. estate hereby created, shall cease, d~-
fPrmi/tP alld I/P rlllll arld 1'alrl.
Ti~ IhP mortgagor hPmby (u?fher covenants and agrees to pay promptly when dus the princtpal and
interest arld ollter sums of money provided (or to said note and this mortgage, or either; to pny all and
singular IhP tares, assessments, levies, liabilities, obligations, and encumbrances of every nature on Bald pro-
perty: to permit, commit or serf
jer no u~asfP, impairment or deterioration of said land or the tmprouemenfs
IhPrecn at any limp; Io keep flip buildings nou. or hereafter on Maid land /ally insured to a sum o/ not less
than N/A
in a company or companies a/•cel?lable to IhP mortgagee, Ilse policy or policies to be held by, and payable
to, said mortgagee, and in the el~ent any sum of money becomes payable by virtue of slsch Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to 1hP mo?1ga~or (or any surplus: to pay all costs, charges, and expenses, Including lawyer's fees and title
searches, reasonably 1?ICIIrrPll or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and (ally comply with the ag?eemerlts, stipulations, rnndillons and rnvenants of said note and this mortgage,
or either; fo perform, comply wish and abide 6y each and every the agreements, atipulations, conditions and
cove»artls set forth in said note and this mortgage or either. /n the event the mortgagor jails to goy ashen
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and Chia
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to /oreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
(Itl rate then allou~ecl by the lalvs of !hP State of Florida.
any sum of money herein referred to be not promptly paid within 30 days next after
IhP 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, of the option of IhP mortgagee, become and bP due and payable, anything in said note or herein
to the contrary noturifhslandirlg. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not cortstilltte a waiver of arty rights or options tinder said note or this mortgage accrued or
Ihereaffer accruing.
~n ~ltlleSS thereof, the said mortgagor has hereunto signed and sealed these resents the
I - p
day and year first above tvriften.
Signed. sealed and delivered in the p esence o(:
h C, W. MIKE KEEFE •
~ 1 - - - --Q~
~
KAREN s KE
r
j STATE OF FLORIDA,
c(icvTY (~F Indian River
I HEREBY CERTIFY that on this day, before me, an
i
j j ofiicrr duly authorized in the Stair aioresaid and in the County aforesaid to take acknowledgments, prtsonally appeared
~ !j W. MIKE KEEFE and KAREN S. KEEFE, his Wife
1
R to ~
ftklpow•'nr;~ea,~e thr prrsorg described in and who exrcutrd the forrgoinq instrument and Who acknowledged
€ is ,
IKtoftLjtre"t4ttt.,~~¢~ executed the same.
-1.: • ' }'~E~S ~tn~~l'snd and otlicial seal in thr County and Stat~• last atoresaid this C/ ~ day of
~ r ~4. 1979
.
,
V
NOTARY PUBLIC
MY CAM[r1ISSION ERPIRES
s i SLLUCiE CO~kTY.f..}. Notary hbtt, State of flaida at large 1
ttO~ER P017RAS
} q,ERK C:RCU1: C•~t+~~!~ My Colrwsission Expires Mardr i9. 1933
e p~cy iw~M h A..n~.. rw a cu.+, Cow..~r
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l7ri1 hu/runrfat prfpnrr!/ by:
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