HomeMy WebLinkAbout0276 + and shall perform. comply tuiti. and abide by each rend every the agreements. stipulotiorts. conditwns and
ly cotenants thereof. and of this mortgntte. then thµ./~p? ggpt,p~td the estate hereby created. shall cease, de-
termine and 6e nuU and raid. - = ~ +
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the mortgagor hereby /urthe? eoverwnfs 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 prey all nerd
' singular the taxes. assessments. levies. liabilities. obGgntions, and encumbrnnres o/ every nature on said pro-
` pvrfp: to permit. commit w su//er no waste, impairment or deferioralion o/ said Iand or the improt+emenfs
I then~cn at any time; to deep the- buildings nou+ or herea/te? on said Iand fully insured in a sum o/ not less
I than insurable value
in a company or rnmpanies acceptable to the mortgagee, the policy w policies to be held 6y, rend payable
to. soil morfpa4ee. rend in the event any stun of money becomes payable by virttae of such insurance the
.j mortgagee shall have the right fo ?eceire and apply the same to the indebtedness hereby aecttred. accounting
to the mortgagor /w any surrplus; to pay all costs, charges: and expenses. including lawyers fees and title
SOI~Mi.P~- .~.,,,.,,l.lr inrt!~w~r rn~t_~ ~y ~hn n~nNt~AfJpp because of the /allure of the mortgagor to promptly
~ and /ully rnmply with the agreements, stipulations, conditions and rnt+enants o/ said Hole and this mortgage.
i~ or either: to per{orm. rnmply with and abide by each and every the agreements, stipulationu, conditions rend
covenants set /wth in said note rend this mortgage or either. In the event the moatgago? /ails fo pay when
I~ due any tax. assessment. insurance premium or other sum o/ money payable 6y virtue of said note and this
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i~ mortgage, or either, the mortgagee may par the same. u+ithatzt waiving or aj/ecting the option fo /oreclose
or any oihe? rivht hereunder. and all such payments shall bear interest from date thereof of the highest !nw-
lul race then allowed by the lou+s of the Strafe of Florida.
~L any sumo money herein re/erred to be not
' ( promptly paid within 30 days next a/fee
the some becomes due. or if each and every the agreements, stipulations. conditions and covenants of said
' ~ note and this mwtuaye. or either. are not fully performed. complied with rend abided 6r. then the entire
sum mentioned in said note. rend ibis mortgage. or the entire balance unpaid thereon, shall forthwith o?
l therea/tee. at the option o/ the mortgagee. become and be due and payable. anything in said note or herein
/ Ij to the contrary note+ifhsfanding. Failure by the mortgagee fo exercise any o/ the rights or options herein
~ provided shall not constifrlte a u+aiter o/ any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~t~l~S ~hl~~y the said mortgagor has hereunto signed and sealed these presents the
r day rend year first Whore u•ritlen.
Signed, sealed and -tomlivered in the presence of
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Mary M. Shearer
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I STATE OF FLORIDA,
ct7t-:~~~• OF Brevard
I I HEREBY CERTIFY that on this day, before rtx+ an
officer duly authorized in the State aforesaid and in the County aforesaid to rake acknowkdsments, personally appeared
~ --Danny Lee Shearer and Mary M. Shearer, his wife
to me known to be the persons dexribed in and who executed the forcaoing instrument and w}tp acknowkdsed
before- me that they executed the same-
! I~1 \ESS m}- hand and official seal in the County and Sutc last aforesaid this 17th day of
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