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Home My WebLink About0593 attd shall pP?jorm, romply urith and abide Ly each and every Ihs agreements. sftpulalioni, trondtftons and rnvenanls Ihereoj, and of this mortpatle, Ihen this mortgage and the estate hereby created, shall cease, do- termine and be null and twirl. ' I><n~ IhP mortgagor lten~by further covenants and agrees to pay promptly when due the principal and ittleresl and other setms of money provided jor to said note and flits mortgage, or either; Io pay all and singular the Inres. assessments, levies, liabilities. obligations, and encttmbronces of every natttre on sold pro- pe?ly: to permit. commit or stiffer ?to uraslP, impairment or deteriorolton of aaid land or the improvements tltPrrrn of any time; fo keep the bttildtngs now or hereafter on said land jolly tnsttred to a sum of not lest than in a comlxtny or rnmponies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortgagee. and in the event any sum of money betromes payable by vi?ttte of such Insurance the mortgagee shall have the right fo trceive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any surplus; to pay all costs, charges, and expenses, including lawyer's fees and tills searches, reasonably Incurred or paid by the mortgagee because of the jailttre of the mortgagor to promptly and jolly comply tt?ilh fhs agreemPttfs, stipulations, rnnditioris and rnvPnonls of soil note and this mortgage, or either; fo perform, comply urith and abide by each and every the agreements, stipulations, eondtftons and covPna?tts set forth in said note and this mortgage or either. In the event the mortg(gor jails to pay when dos any tax, assessment, insttrancP premium or other sum of money payable by virtue of said note and this mortgage, or Piflter, the mortgagee may pay the same, without waiving or affecting the option fo foreclose or any other right hereunder, and aU such payments shall bear interest from date thereof at the highes! law- jut rote then allowed 1?y the taus of the Staff o/ Florida. l! any sum of money herein re(PrrPd 110 be not promptly paid within thirty days next after the same bPfomPS due, or if each and PI~Pry the agreements, stipulations. conditions and rnuenanfs of said note and this morfga{Te. or either, are not jolly performed, complied with and abided by, Ihen the entire sum mentioned in said note. and this mortgage, or the entire 6alnnce unpaid therron, shall forthwith or Ihereajler, at the option of the mortgagee, bernmP and be due and payable, anything in aaid note or herein to. the contrary noturdltslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not conslidtfe a rnaiver of any rights or options under said note or this mortgage accrued or thereafter accreting. ~n ~itnesS ~hfCtof, flte said mortgagor has hPrettnto signed and sealed these presents 1hP day and year f irsf alwve lvritlen. Sign sealed and delivered in the pIPSPfleP aj: F & S MANAGEMENT COMPANY, A limited ' ~ ~ Partne - - - p - ' BY: PE~~ ...rIT t e Gener Par r I YAL~~ K. BUCHANAN i I I STATE OF FLORIDA. cOC~;TV OF Indian River I IiEREBY CERTIFY that on this day, before tree, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared F & S MANAGEMENT COMPANY, A limited Partnership, BY: Peter H. Fite, The General Partner b VALENCIA K. BUCHANAN to me known to be the person $ described in and who executed the foregoing instrument and theyacknowkdged I~efore me that they executed the same. L\'17 \ESS my hand and official seal in the (:ounty and State last aforesaid this 19th day of i September A. D. f9 80 ~ , _ a ~ fir. ro~t~•tn n1~t•- s- , • t ~?RCt o' ` . r, • p? ~ - trnr to(wrtlss;or, E~rtus At1G SO 1981 { ~i7 ) ~ ;czi ~ ± . OONOED tti2U ; E.~?:.:S ~:x+ ...'=K , s - ? .7 = 500530 _ •i a TMS ItdSTRUMfM ?Rff AREO faY Ll'~!f G(''.iN : % F [.1. CO`'A'.D N. Sr_4::FI:ER ~ ~'~C' ~ :'~'_(;i' C(l°T I7Ht I/Ill!/pl/f!!! PR'~Nllt'l~ ~?y: Elrcr T;ta C rp-roC.on 8J0 - 40th Picc•-, Varo Nouti, fl 32960 /~c~i~RXf t/C1~+EttT TO A Mitt k~tSt/RM/GE TtLWSACTION l~ - 80~IJehy P1tCCE M :-:E