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HomeMy WebLinkAbout1266 - _ _ - _ - ism - ' i and shall perform, comply with and abide by each and every the agnementa. stipulations. conditions and covenants thereof , and o/ this mortgage, then this mortgage and the estate hereby croated, shall cease, de- termine and be null and void. end the mortgagor hereby jureher covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and thi, mortgage, or either: to pay aU and singular the faxes. assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- pe?ty; to permit. rnmmit or suffer no waste, impairment or deterioration of said land or the improvement fherecn of any time; fo deep the buildings now or hereafter on said land fully insured in a sum of not less than N/A in a company or companies acceptable fo the mortgagee, the policy or poltciea to be held 6y, 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 jar any surplus: fo pay all costs. charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly and f«I[y comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions- and rnvenants set forth in. said note and this mortgage or either. ?n the event the mortgagor jails to pay when due any fax, assessment, insurance 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 thereof at the highest law- f ul mte then allowed !>;y the laws of the State of Florida. any sum of money herein referred to be not promptly paid within 30 days next otter the same becomes due, or ij 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, anything in said note or herein to the confrory nofurithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not conslifrrte n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. - ~n ~I~eSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year firs! above tvriffen. Signed, sealed and delivered i?t the presence of : r i,1IINES --..~%`-'t~...-....--•--~~~•------- r~ ...C-. -FO ON'r`.-_.....---.....----........-•------•----® . ~+~-ASS----!n1.-~~ ---~~tl'1L1~..~------------ --L~ .E-..~~,~.-~oc~~t~rr i r i STATE OF FLORIDA, ~ - COUNTY OF Indian River I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, personally appeared DANIEL C. FOUR*40NT AND LAURIE ANN FOURMONT, his wife to me known to be the person S described in and. who executed the ioregoinq instrument and they acknowkdRed Ixfore me that they executed the same. I7'tiESS my hand and official seal in the County and State last aforesaid this 3I8t day of March A. D. 19 80 x 43059 t-tY COMMISSION EXPIRES: 19W Af n NOTARY Nl/!l IC SiA1E !~i FLORIDA At 1 ek':~ ~ erye Q~(p~ I S AN ~ 27 ' t + M~ : U«'.•^S. -!(Xr.S.tllitES A/k 1 t ~ I I FILED ~?tt© REC t;ED t<::~~~; Wit.,-~~ ,~5_ ~ ^ ~ T~p_1~tt , S ROGER pptTttAS~ - ! ~,,•s'~'~:~.,;.; t ttE1tK ~ t - ~ ' ~ ti'1's to y... 'R • - • l - { l7~u Irf~lnin~~nl prcparr-il by: i1 dda'ss - ,