HomeMy WebLinkAbout0885 and shall perform: rnmply with and abide by each and every th• agreements, stipulations, conditions and
cot?enanta thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
iilt~u the mortgagor hen~6y Jurfher covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor in said note -and this mortgage. or dlher; fo pay all and
singular the taxes. assessments, levies. liabilities, obligations, and encumbrances of every nature on said pro-
perly; to permit. commit or suffer no waste. impairment or detertor+attton of :aid land or the improvement
thereon of any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less -
rhan full insurable value
in a company or companies acceptable to the mortgagee. the policy or policies to 6e held by. and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of stub inuurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; to pay all rnsta. charges, and experues. including lawyer's jeer and title
searches, reasonably incurred or paid 6y the mortgagee because o/ the jailors of the mortgagor to promptly
and jolly 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 agreement, stipulationu, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or of
jetting the option fo /oreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~L any sum of money herein ref
erred fo be not promptly paid within thirty days next after
the same becomes dtre, or if each and every the agreements, stipulations, conditions and rnvennnts of said
note and this mortgage, or either, are not jolly performed, complied. with •and abided -by, 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 be due and payable, anything in said note or herein
to the confrory notwithstanding. Failure 6y the mortgagee to exercise. any of the rights or options herein
provided shall not consfifufe a waiver of any rights or options under said note or this mortgage accrued or -
thereajter accruing.
7n ZV~kll~ ~~~`s the said mortgag has ereunfo s' o sea these presents the
day and year first above tvriften.
,r
- Signed. sealed and delirered in the presence of: L.S.
r e n
- --.~i~rC~c.~.----.-- - .
~~ss Wa R s
aa~ta a 1 parties -
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ar
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r; y' - r .lvs res - - - -1~ -
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_ - ~ _ V L.S.
i:'y es er y og
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f_', •'i' ~ ;g+ D. zen, ecre L.S.
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~pA'I~;k~~~LORIDA, a ogan
~ ' "Lb`uzv~V OF INDIAN RIVER
I HEREBY CERTIFY that on this day, before me, an
E officer dul • authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
KARL HE~IN, as to interest; WARREN H. ROSSWAY and ARLENE C. ROSSWAY, his wife,
as to~ interest• LARRY T. HALL and KAREN K. HALL, hi wife, as Q 1/8 interest;
and C STER RAY $OGAN II aand~.MICp~,LE HOGp~ h s wi~e as o ~t3 nter r~
to me known to he the persons s deuribed m and who executia-the rregoing ~dstrumen~ an~ t#1ey a~r?bi~rkdeed
I before me that they executed the same.
~ WETNESS myF.fiand and official seal in the County and State last aforesaid this fD~ day of
it:u: s
~ ~ p. 19 80.
• _
- .
- 's~rr N tary Public, State of Florida
~4~ ~.~-r+~~~~' ~ .:4,~~ at Large . My Co»mission Expires
r . ~ ~ Z
I
I
%is hu~nu»r»~ prrpard Gy: Fred T. Gallagher of
AJJrrts - VOCELLE , GALLAGHER & BLOCK PJt~
P . 0... $ox 1900 Wv
Vero Beach, Florida 32960 I