HomeMy WebLinkAbout1561 and shall perform, comply with and abide 6y each and et~ery the agrwments, stipulations, conditions and
cownants. thereo/, and of this mortgage, then fhb martgnge and the estate hereby created, shall csass: ds-
termtne and 6s null and void.
the mortgagor hertrby ftuther covenants and agrees to pay promptly when due fhs prtnNpal and
interest and other sums of money provided for in said note and fhb mortgage. or either; to pay all and
singular the taxes, assessments, levies. liabilities. o6ltgattons, and encumbrances of every nature on said pro-
perty: fo permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
thereon at any time; to beep the buildings now or hereafter on said land fully insured in a sum of not less
than
to n company or companies aeeeptabb to .the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall haw the right to reeNve and apply the same to the indebtedness herby secured, acootutttrtg
to the mortgagor for any surplus; to pay all costs. charges, and expenses, Including lawyers fees and title
searches. reasonably Incu?red or paid by the mortgagee because of the fatluro of the mortgagor to promptly
and jolly comply with the agreements, stipulations. conditions and covenants o/-said note and this morfgagt,
_ or either: to per/orm, comply with and abide by each and every the agreements. stipulattoru, conditions and
covenants set forth in said note end fhb mortgage or either. In the swat the mortgagor jails to par when
due any-tax, assessment, insurance premium o? other sum of money payab4 by vlrfw of raid note and this
mortgage. or either. ~fhe mortgagee may pay the same, without waiving or, of
f
acting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
jul rate then allowed by the laws o/ the State o/ Florida:
~l any sum of money herein re(emed to be rat promptly paid within ten days next after
the same becomes due, or Ij each and every the agreements. stipulations, rnndifions and eovsnanb of said
note and this mortgage, or Nther, are not fully performed. complied with.•and abided 6y, then the entire
sum mentioned to add note, and this mortgage, or the entire balartc~t unpaid thetaeon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note a herein
to the contrary notwithstanding. Failure by the mortgagee to exesrfse any of the rlgha or options. hsreirt
provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or
the?eaf
fee AMrUing.
~n ~ ~~`e the said mortgagor has hereunto signed and sealed these presents the
day and year first show written:
Sign ,sealed and delivered in the presence of
Cecil Haire
..-~~rf~---~---._ -
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Mary B. di An el
STATE OF FLORIDA,
- ~
_ cotJt+rrY of INDIAN RIVER
I HERBBY CERTIFY clot oa this day, before me, as
officer duly authorized in the State aforeuid and in the County aforesaid to take ackaowledamenb, penoaaUy appeared
I
CECIL HAIRE and MARY B. di ANGELO, as Tenants in Common
to me known to be the perwnS desrn'bed is and who rxetuted the foresoirg imtrument and they ackriowkdsed 4
before me th~they executed the same. i
WITNF,~- sa~r'~ land and official seal in the County and State. last a_ toresaid this G~~ dsy of
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R~~ ry~'Pu ~Tic;~ ~S~aii;e~'o ~Flori~fia~~~a`~ Large
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, : ; : My Commission expires
. fix: J:~, ~ - B~L;i~Z
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- S ll.C C CGL. , r, l i A.
RC?GER POIT:?.tiS
CLERK Gi=CtflT CG_'ItT~Q ~ i
- Joan L. Morris, Vice President ~4~3
11iir liwruaKn/ prrpnn7! by: Commercial Bank of Vero Beach
P. 0. Box 2767 ~ -
- Vero Beach, Florida 32960
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