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HomeMy WebLinkAbout0198. an~ s~ia~~ pivJorm, ~Y-mp[y wit~~ an~ af,i~e ~y pnch and ei~ery Ihe adreemenfs, sNpu~afiona, condiftons and CAI~PIIO/IIS Ihe-eo(. n-~d ~~j fhts morll~aae, Ihen lhis mwtga~e and the pstate i~areby crpalecl, shall cease, de- Iprmin~ nmI LP null and r~~i~l. IZn~ Ihr morfl~a~~or ~~~mhy ~url~~e~ cv~n~nanfs anc~ agreea fo pay prompl~y when due 1{~e principal and intc~msl on~ ol~~pr sums o~ mon~y pro~~l~i~ ~or in sai~~ nofP ancl fhis morlgage. o~ etl~~er; fo pay a~~ and sinnu~or f~u~ far~~, ass~~ssm~v~ts, ~~oi~s, ~i~~~i~ilies, o~~~i{~afions, nnc~ encum~roncea ol every naltue un sal~I pro- pprfy: fo p~~rmil. ~~ummif or su~~~r no u~asf~, impairm~nf or ~Iplerioration o~ sai~ ~an~ or Ihe improvemenls 1~u~rn~~n nf a~iy lim~•: lu ~C~~p f~~~ ~,ui~<<in~~s noiv or ~u~majl~r on soi~ ~an~~ ~u~~y ins~uP~ in a sum o~ nol ~ess tl~nn N/A in u~•umpany or comp~u~i<~s a~c~pfa~~~~ fo 1~~~ morff~af~e~. I~~e polt~y ur po~icies fo ~~e he~tr ~~y. ant~ ~wyah~e !o, sai~l morf~~~~~~~, on~I in 1~~~ ~•v~nt nny sum o~ mon~y f~PC•omes paya6le ~-y virlue o~ such insurancP 1~~ morl~a~~~~~ s~~a~~ ~ia~~e f~i~ rig~~f lo rni-~in~ anc~ apply Ihp sam~ Io i{~e inde6tetlness /~ere6y securetl. accounfing lo f/~~ m~irf~~n~~~~r ~or any surp~us: lo pay a~~ rosls. ~-~~arges, ancl pxpensNS. inc~uc~inp ~au,yPr~s ~e~s an~ Iti~e s~an•I~~s. rrasonciL~y incurr~•~I or pni~r I~y II~e mor~gagee +-e~ause oJ fhp jai~ur~ o~ t{~e morl~a~or lo prompl~y nn~ ~u~~y ron~p~y u~il~~ fl~e a{pe~n~c•nls, sfipu~ations. coni~itions anc~ roi~enanfs o~ sai~~ nole an~~ I~~is morfgage: or ~il~~c~r, to p~~r~orm. ~•omply u~it~i an~~ ~~~i~~e ~~y eac~~ ane~ ~~i~erv f~~e agrnemenfs. sfipu~ations. conc~ifions nn~ i•u~a~n~u~ls s~f (ort~~ i~e sai~~ nof~ anc~ I~iis morl~ngp or ~ithpr. -n i{~e FDP-II I~IP mortgagor (ai~s !o pay irhen clur any lax. ass~•ssm~•nl. insnr~~n~•~ pr~~mium or oll~er sum o~ mo-~ey paya~~~P ~~y ~~irtut• o~ sai~ nofp an~ Itiis morl~~nc~i•. or ~if~u•r. 1~ii• -no-I~~at~~v• may pay f~~e som~. u~if~~ouf ~oai~~int~ or ~jJncfinf~ IJ~~ optiort fo Jorec~osP or cu~v oll~~~r ri~~l~t lu•r~~und~r. ~uu1 ~~I su~~l~ ~ym~nls slia~~ 1-t~ar int~~PCt (rom ~1a1~ tliereo~ qI IIIP {~ighest ~aw (u~ ral~• Ile~~-e a~~ou~e~i 1-y 11~~ ~nu~s o~ l~u• ~tai~ of f'~ori~ltt. ~~ a-~v .~un uj rnun~~v ~i~~rni~~ re>(~~~-~v~ (n ~-e nuf promplly pai~I tuitRin thirty ~nys nexf ojfer 1~i~~ snn~~ ~i~~-onu~s ~)u~~. ~-r i( ~•a~ ~i an~~ ~~r~r~ /~~~ agr~pmrnts. slipul~tions. con~~ifiuns an~~ covenanls o~ sait~ nof~ a~e~l ti~is mort~~a~~~•. or rifl~t~r. ar~~ no1 (u~ly p~r(ormpd. COIfInI1P~ u~i1{~ and al~it~~c~ 6y. then Ihe enlirP SUIII 111PII~/OIIM~ 1I1 Spll~ IIO~P. (1~1(~ ~~115 mort~~nge•. or ~~I(' pnfire 6alance I111~)QI~ Il~~reon. 5~111~~ /Or~~lUrl~~l O~ f{~~ren~fPr. af f~ir option o~ 1~~~ morft~a~~~•~. I~~rnm~ an~~ {-~ tluP ~n~ paynli~e. anyf~in{~ in saic~ note or ~ierein fo l~i~ ronlrar~~ nolu~il~~.lan~~inry. ~'ui~un• I-y IIu• morf{~ag~~ fo Px~rcise nny of 1{~e rit~{ils or options I~erein pm~~ir~~Kl s{ia~~ nol ~-onslifut~• a u~niorr oj any ri,ry~~ts or oplions an~~~r sai~~ nof~ or I~is morf~agp a~rruec~ or I~~~~rt~a(irr or~•ruin{I- ~IL W~`I~L~I~I ~hereof~ ~~1(• ~01(~ IIIqI~Q'I(~Of /I/IS /IP/~•IIR~O ~f(plPf~ /If1A SPp~P~~ ~~IPSP n~PSP11~S ~~P ~~uy rnur ~var Jirsl n~+ur~• ~nriff~~n. ~i~~n~~t s~~t ~~~~ a-a~ ~~r~~i~+~~rr~~ in I~~p pr~srnt-i~ o~: . ~z:.~~-GC/.~cr.~, w ss ~/ c:~1 . . . vitness LAUREL BUILDEILS, INC. ~ BY.~ !~', ~ l~a 1 ~',~`"~ C~-~- C~ ~~ PETER G. ROBINSON ~ ~ ..~ ~ ~ Sl:4TF. OF FL~)RID:~, ~ C( -l "\ I'Y c)F INDIAN RIVER ~ I lIF.REBl' CERTIFY ~hat un this Jay, befor~ me, an uffi«r duk rwhori~~~d in th~ Statr a~uresaid ~p~Ciryth~ Countv afomsaid t~ takr acknuwkdqm~•ots, prnonally appeared ~ PETER G. ROBINSON, President, Laurel Builders, Inc. to m~• known tu iw• th~• p•rwn d~s. rilxd in and who ~x~~ ut~d th~ (or~KOinq instrument and {~hp a~knowledRed IMfun• tn~• thet he ~x~~ut~d the szm~_ 1~'17 \ESS m~• hand and of(i~i:J xal in th~~ (:ountp and Swt~• last a(or~said this /(D ~ day o( 2 / / ~ A. D. 19 ~~ ~,~c..~~ ~ ~:~~ ~/ . .. .~!S,.c~~... .. ...... .. . . . . . . ' .......... ~~~~ ~~ ~ 23 ~, ~' , ~ NOTARY PUBLIC t~:;., t'+' '-'-_ i ,,•-~i ~ ,.V .~! . - ,F,Cbi F•,~._:f•c... ~! ~ t.i. ~. ~.'..' . . ,// . - • ~7 51'~68 i %%iu In~nu~r~~r~ prcfN»r-~J by: , t c/J-r.u ~ ~ ;^ ~ ,, , -? ~.~~..~.~~~„~ . _ _. ~. My Co~nission Expires: .~ , •,~. ' ~•~' . . .. '' ~ •i •, j ' -. PATR1dA L NEU - ~ ~` l~: _ ~ v~- ; f.. ", Not~1- rudic Suq d Pbrids at L,~'~ c~ _r: `.;, Wiy Con~f~sion E~N.lw~10.1~81 . ., . . .» ~ -f . . .,. . ' .~ - , :~'..~: t. . ~.r • 6~{~ J`#J P~GE 1~ i s t i S . ~ ~~ ~: ~ ~- ,~,.~ _ .