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HomeMy WebLinkAbout1057 • and shall per{orm, comply with and abide by each and every t~o agreements, -stipulations, conditions and covenants lhereo{, and o{ this mortgage, then this mortgage an the estate hereby created, shall cease. de- termine and 6e null and void. the mortgagor hereby {urther covenants and agrees to pay promptly when due the principal and interest and other sums o{ money provided {or in said note and this mortgage, or either: to pay nlI and singular the taxes, asseuments, levies, liabilities, o6ligalions, and encumbrances o{ every nature on acid pro- perly; fo permit, commit or su{{er no waste. impai?ment or deleriomtion o{ said land or the improvements Thereon at any time; to peep the buildings now or herea{ter on said land fully insured in a sum of not less than in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, end payable fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall hai~e the right to receive and apply the same to the indebtedne:: hereby secured, accounting to the mortgagor for any surplus: to pay aU c~osb, charges, and expenses, including lawyers {ices and title searches, reasonably incurred or paid by the mortgagee because o{ the failure of the mortgagor to prompllY and {ully rnmply with the agreements, stipulations, c~ondiflons and eovenan4 of said note and this matotspe. _ or either; to perJam, comply with and abide 6r each and every the agreemsnb, -stipulations, conditions aced covenants se! {orfh in said note and This mortgage or either. In the event the mortgagor {nits to pay when due any tax, assessment, insurance premium or other sum o{ money payable 6y virtue o{ said note and this mortgage, w either, the mortgagee may pay the snore, without waiving or a{{ecfing the option to {oreclose or any other right hereunder, and all such payments shall bear interest {rom date fhereo{ nt the highest law- {ul rate then allowed by the laws of the Stale of Florida. ~l any sum o{ money herein re{erred fo 6e not pro:npfly paid within 15 days next ajler 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 {idly pe?{ormed, complied with and abided by, then the entire ~ sum mentioned in said note, and this mortgage, or the entire balance unpaid therron, -shall {orlluyith or . J therea{ter, at the option o{ the mortgagee, become and 6e due and payable, anything in said note or' herein ~ to the contrary notu?itl~slnnding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights o? options under said note or this mortgage ncc?ued or f therea{ter accruing. , . ! i t I b _ i -r--'- - ~ ~ i o ; ;xcofiPOa>+TE ~n ~~tness whereof the mortgagor has caused these presents to 1 _ - ~ _ ~Ah~ be executed in its name, and its corporate sent to 6e hereunto a{{fixed, by its ` t~ ' ~ ro er o icen thereunto dul authorized, the da and year first above written. ~ ~'.9 , ~ FLEET SERVICES, INC t ?tTI'ES~-~:~--•-- - - --~1-- - - - - - ~ I! Irene H . Peterson rrtary j li Sign ,sealed and delic~erM1 in the presence o{: _ ~ ~ ~.l~ ~u~-- - - - - I ohn T . Murp y silent - I I. j' - ; ~~e Of Florida }I ~OI1tl~lJ Of Indian River ~ I HEREBY CFf~'1-117 t6nt on Ilia duy. F.r~o?? nv. on o~(ice? duly owlwrirrd in eM Stote o?~d County ojorrwid to ta4r «baa~ledp- mrnls. persortolly ahptarr,l IOC T . ~[jj'iP.HY and I RENE H . PETERSON r u-rll lrnow~?t to .r.r ro 6r Ili. Pnsidrnt and Secretary res/.ectiaYly d die cneporotion earned ns 1 ~ mortgagor in Iltr ~oregang insfrumrnl. and Il+ol Il+ry artrtrull~ oc6nou~lydgrd e.aeculing 16e some, in Il,r prrseru-e ~ luv wbfcvibing tuilnessrs. d#} lrerly and tvlunlonly un.ler .tull+o?ily duly rr.lyd to t6rm 6y soil ftMpardida anti Ilto! the seal a(lued lltereto is the True coepo?de seal said cwrwralion wrr~E~~ r+ty ?tan+l and aj~i~:al .ed to Il+e Caunly and state last o(orr,oid Il+is 20th tray o/ November a tU 79. 190 J~ti -7 Pot ~ u 0 f tt.E 0 . l,f1 l Y. F l :a. st.a.uctE c:, _ - ~ y ate l.~f F~tik~~~E~'':.,, ~o~ttportRasl Notar blic. ~b I 9;l:ERt{ CIRCtitT CL~U at Large . „~'~P(~~'1~~+~'~8 :•.~~'~c• • n~~- R(C"t,'pRDirP.'~ l'_ .Y MY G"]IMV~tSSIc).~ E.u'it~S `I NOT I ttv5 1n ~ - ' a t+~-~-~~.----•= e.: B. T. Cooksey , Esq. I ; ~ "r ~C~ . ; Gould, Cooksey, Fennell F, Appleby t~~w,' ~ /1,,, l,c~~r„?„r-,d ftrl~nn,l h~~. g79 Beachland Boulevard Vi;.; ' ~ i,/,/rr+• Vero Beach, Florida ~ ~ e