HomeMy WebLinkAbout1382 and shall per/orm, comply with and abide by each and et?ery the agroemenb, attpttlaltoria, vortdtttons and
ea?enante thereof, and of flits morlgape, then this moNgage and the estate hereby created, shall taease. de-
termine and 6s null and void.
the mortgagor Newby juMher covenants and agrees to pay promptly when dw the pritutpal and
interns! and other sums of money provided jor In said note and th4 mortgage, or either; to pay all ond`'h
singular the taxes. asaessmsnts, levies. Gabilittea, obGgattons, and enctsmbntrtcvs of every nature on sold pro-
perty; to psrrrtit, rnmmif or sujjer no waste, impairment or detertotntton of said land or the improwmenb
lherecn at any time: fo beep the buildings now o? hereajfer on said land jolly insured In a sum of not !e„
than full insurable value
in n rnmpany or rnmpanies ameptable to the mortgagee, the policy or policies to be held by, and pnyabb
to, sold mortgagee. and to the event any sum.oj money 6eoomea payable by virtue of ouch trtatsrartc~ the
mortgagee shall have the right to receive and apply the acme to the indebtedness hereby second, atxounting
to the mortgagor Jar any stuplw; to pay all cosh, charges. and expenses, including lawyer's jeer and tub
searrhe:, reasonably incunrd or paid by the mortgagee because of the jatlun o/ the mortgagor to promptly
and jolly rnmply with the agreements, atipulattons, condtttona and eownanta of said nob and ihu mortgage. -
or either; to perjo?m. comply with and abide by each and every the agnemenb, atipulattona, condifioru and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jaib to pay when
due any tax. assessment. insurance premium or other sum of money payable by vlrfw of said note and flits
mortgage, or either, the .mortgagee may pay the acme. without waiving or affecting the option ,b foreclose
or any other right hereunder, and nil such payments shall bear tntenrst from dab thenoJ at the highest law-
f
ul rote then allowed by the laws of the State of Flo?ida.
~l any sum of money herein refereed to be not promptly paid within 15 days next often
the same becomes due, or ij each rend every the agreements. stipulafioru, candttlont and oovenanta of said
note and this mortgage, or either, are not f
uUy performed, complied with and abided by, then the entire
sum mentioned in said note, rend this mortgage, or the cretin balartoe unpaid thereon. shall forthwith a
thereajfer, at the option of the mortgagee. 6ecante and be due and payable. anything in said note or herein
to. the conlnuy notwithstanding. Failurr by the mortgagee fo exercise any of the rights or options herein
provided shall not consfifute a u?aivnr aj any rights or options under said note or this mortgage accrued or
fhereajler acrnting.
Il ~1t11tSS ~~t~f
s the sold mortgagor -has herrunto signed and sealed these pwsents the
day and year first above rrriften.
Signed, sealed and delivered in the presence oj:
~oi~s - C-. ---~to /
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i
STATE OF FLORIDA,
~ courlTV of INDIAN RIPER
I HEREBY CERTIFY that oa this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acktwwkdamenb, persoaallT appeared
LOIS C. STOTZ
to me known to be the person descr'bed in and who executed the foregoiryl instrument and She acknowledged
heforc me that She executed the same.
N'I7 i~iESS my hand and official seal in the County and State lot aforesaid this ~ 9 y'am' daT of
A. D. 19 79,
o -
Notary Public, St-e~~b~- ~a ~a
} {919 AUv 29 P!w 1= 03 - Large . My Comleli~~~n~ - . .
F11E0 Ak0 RECilkiliC - i... ~ ~ ~
ST.U1Cl COt~ITRASA .3 _ ' ' ~ a'`` o; .
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A,/rfirxr Vero Beach, Florida 32960 ORJ~S PA6E~~ I
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