HomeMy WebLinkAbout1659 and shall perform, comply with and abide by each and etrery fhe agreements. stipulations. conditions and
covenants thereof, a?rd of this morfgape, Ihen Ihi: mortgage and the estate hereby created, shall cease, de-
lermine and be null and t+oid.
j~,~,~
Z11~1! the mortgagor hereby further rnuenanfs and agrees to pay promptly when due the principal and `
inleres! and other sums of money provided for in said note and this mortgage, or either: to pay all and
singular the faxes. assessments, levies, ltabiliues. obligations, and encrunbronces of every naftsre on said pro-
perty: to pecmil. commit or suffer no waste, impairment or deterioration of said land or the improvements
Iherecn at arty time; to keep the buildings now or hereafter on said land fully insured in a sum of not less
Ihan
irr a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable
to. said mortgagee, and in the eue?tt any sum of money bernmes payable by virtue of such instua?tce Ihs
mortgagee shall have the right to receit+e and apply fhe same fo the indebtedness hereby secured, actaounitng
to fhe mo?fga(1or for any stupltrs; to pay all costs, charges, and expenses. including lawyers fees and title i
searches, reasonably incum?d or paid by the mortgagee because of the failure of fhe mortgagor to promptly ~
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and jolly comply u+tlh_ the agreements, stipulations, conditions and covenants o/ said note and this mortgage.
or either; fo perform, comply with and abide by each~and every the agreements. stipulations, conditions and
rnt+enartfs set forth in said note and this mortgage or either. In fhe et+ent fhe mortgagor fait to pay when
due any tax, assessment, instrronce premium or other sum o/ money payable by virtue of said note and this
mortgage. or eit?rer, fhe mortgagee may pay fhe same. u+tthouf waiving or affecting fhe option fo foreclose ,
or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law-
(ul mte f?ten allowed 6y the laws of the State of Florida.
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any sum of money herein referred to be not promptly paid within days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and rnvenanls of said ;
note and Ihis mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire ~ 4
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f
orfhwith or
thereafter, at the option of the mortgagee. become and be due and payable, anything in >+aid note or herein F
to the contrary recto+ilhstnnding. Failure by the mortgagee to exercise any of the Nights or options herein =
provided shall not constiltrte a u+aiver of any rights or options under said note or this mortgage accrued or
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Iherea(ter accruing.
~n ~itntSS whereof, fhe said mortgagor has hereunto signed and scwled these presents fhe
day and year first ne written. f t
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Signed, d del' 1 creep of
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~-~~rv~LL./..-----
1
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f
STATE OF FLORIDA,
GOl7\TY OF SST T tirTF
• _ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
>rtOBER~ ~ ~IATFOR~ a~td ~A
TA W~A~F~RD his ~if~• ~ y
to me mown o t e prrso escn m w o ~icecuted t e oregoinq instrument and the ackaowkdged
Ixfore me that .they cacu~ the same.
WITNESS my, hand and official seal in the County and State last aforesaid this 29th day of
AUGUS? A D l9 80 _
X80 SAP 12 PI; ~ ! 5 Nora,,, v,,hft, s:,l o! F:~:t~ rr s~:;a
FRED ANC FECG+iL'i C _ My Comrsassiw: E,?~res lion. 1$, 1931
M•d•0 (+r A71HF.• rN a (a.WMr ~•yyr
~ S1.l.UCIE COU1V f Y. FL A.
RQGER POITRA5
~ CIERK CIRCUR COyjti
RECORD \'i-FIrIEG- . ~~t~~i?utttrtr?r,
`9369 = E
. ~ ~ : ; .Z s
..s . r~ 0 !t . ' c -
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.Ca. RUSSELL PETERS£N • ' - Q ~ -
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T/iiis hulnaran~ prrpnrrd by: d
Attomcy at laH ~~r~1~~~...5`a.~~~~,,,
•
A~lc/mcr P. O. E3~x 8~6 • it?rrr~~su,~,~•~,
Vero Beach, Florida 32960 g p1GE1~7 ~ I
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