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HomeMy WebLinkAbout0206and sh~ll pi•rJorm, i•omply wilh and a6ide by each and ~ve-y Il~e crgreemenls, atlpulation's, condltions and MI~P~I(II1~S (~I/~~r0~. (111~ O~ ~~IIS IIIOf~{~QpP. ~~P/! ~j1lS morlpuE~e ond the ls~a~N ~P/BOy /'fPQ~~. S~Q~~ CPASP, dB- ~PfM111P (1/1(~ ~M /III~~ (111(~ 1'OII~. ~n~ I~u• morlf~a~~or ~~~n•hy Jurll~e~ couenanls and agrees to pay promplly when due fhe prtncipal and int~rnsl ~n~J ol~~~r sums of money proviclecl ~or in snicj note and I~is morfgagA, o~ either; fo pay a~~ anc~ sin,ryu~ar I~i~ fa.rrs. ass~~ssmenls. ~~~~ies. ~ia~,i~ili~s. o{,~i{~nliona. und encumLrnnces o( every nafwe on said pro- pprly; ~o p~rmif. ~ommil or su~~er no u~asl~, impairme~~t or deterioralion o~ ,aid land or the improvemenls I~~rrn~•n nf any lim~~: fo ~ri~~p 1~~~ ~~eii~~~in~~s nou~ or l~~rna~f~~~ on cni~ ~an~ ~ully Insure~ 1n a sum o~ nol ~ess tl~~n [r/p iu u~~onipany ar i•ompani~s a~c~pla~i~e l0 1~~~ morl~ul~~e. f~~e po~ic•y o~ po~icia~s fo f~e tie(t~ 6y. q~~d ~~ya61p to, sai~ morlt~a~~~~•, muI in f~~c~ r~~~nt ana~ sum o( mon~y ~~PCOmes payah~e ~y i~~~IlIP o~ such insurance f~~ mort~i~~~~~~~ sl~all I~u~~~ Ilu~ ri~~~~l fo r~~•~in~ ai:d apply Il~e samp to the inde6tc•dnpss hereby secured, ucrnunfing fo 1~~~ n~orl,rya,ryor ~or n-ry surp~us: lo pay a~~ cosfs. ~•~~argps, ane~ expenses. incluc~ing ~awyer~s ~ees and fil~e si~ar~•{~~s. r~~osonu~.~y ini•urre~I or ~-aic~ tiy 1~~e morlyaf~~~~ ~~ecausP oJ f~~e ~ai~ure o( Ihe morlgagor lo prompll7r an~~ (u~~v ~•omp~y u~il~~ I~i~ agr~em~~nfs, slipuEalions, conrlifions ancl coi~enanfs o~ sai~ note an~ I~is mortgage, or ~itle~~r; to pNr~~~rn~. ~•omply ioifJ~ an~I a~-i~~e bv each and PDPI'y IIIP agreemenis. slipu~ations, cont~itions and ~•oronunts sPl (0-11~ in soid not~ an~ fhis mo-~ga~e or pith~r. In i~~ ri~enf Ihe mortgagor /ai~s fo pay when due ~~-~y ta.~~. ass~~ssm~~nf, insu-ani•p pr~mium or ol~~r sum oJ mon~Y paYoE-~e I~y ~~irlue o( sait~ -wte an~ f6is morf{~ag~. ~~r ~il~~~~r. 1~~~~ morf~~a~~~~~ -nay pay I~u• sam~. u~it~ioul u~~it~ing or aJ~e~ting Ihe oplion lo ~or~•~ose ~-r tu~y oilu~- ri~~l~f I~~-t~untl~r, an~~ a~~ sucF~ ~ymenfs sl~a~~ 6Par inl~rPSt Irom dafp Ihe~eo~ at t{~p I~ig{trsf ~au~ (u~ rnl~• I~~rn a~~ou~i~~~ ~~v 1~~~ ~a~rs o~ 1~~~ ~laf~ o~ ~'~ori~~a. ~l nrt~' s~~m u~ mon~~V ~~~•r~in re~(~n~~~~ lo I-~ not prompfly pait~ u~il~~in thirty t~ays Rexf a~fer f~u• su-n~• ~~r~-um~c ~~u~~. or ij ~vu•~~ ~n~~ rr~ry f~~~ a,ryrepm~~~~ls, sfipulalions. ~-ontlifions an~~ ~o~•enanfs o~ sai~ nof~ an~l fl~is morl~~nr~~•. or ~•i11~~r. ar~~ nol ~ully p~r/ATIP(1. c•ompli~d tvilh and aLid~d by. tl~en f1~e enlire sum m~nlion~d in saicl nolr~. and tliis morlyag~, or 11« entire balance unpaid Il~ereon, sha11 (ori{~with or t~~vrna~ler. af f~~~ opli~,n o~ 1~~~ morf~n~~~~. I,~com~ un~~ {~~ ~~uP an~ payaE~~e. anyf{~infl in soi~ note or ~ie-ein /o t~i~~ ~m~frnry nolu•if~isfnn~~ing. /=ui~ur~~ ~~v 1~~~ morf~a~~P fo P-CP/ftSP any o~ f~~e ri~tifs or opfioru herein pro~•ir~ev~ s~~a~~ nol ronsfilnt~• ~i ~rai~~~r u( any rig~~ls or opfions unc~Pr sai~ nolP or this mo-lgage accruec~ or f~i~~ma~fe~r a~-i-ruin~~. ~n ~itness ~hereof~ 1~~~~ snir~ morlga~or ~u~s I~Prn~u~fo si~~nP~ an~~ sra~~~ I~~~se presenfs thP ~~ay nn~~ ye~ar ~irst n~,u~r u•rifl~~n. ~+flnc• . ~~o~~v~ tuu~ r~~•~i~v~rr~~ in l~i~• prc•s~•n~~~~ ~~~: -• C~Il.~'GL~~.-<V crueG(~, ness ~ w~tnes~ LAUREL BUILDERS, INC. ~ BY :l; { E E~i ~- . ~~~ :,~'•, <c.~ ~' ~ ~ .. .. . .. PETER ~ G: ~ ~ItOBYN50N ~ ~ . . _.._... . ..~ . ~ ~ S7:~TF. UF FL~)RIDA, c:c~t'~'t'Y c~p INDIAN RIVER ( HERF.BY CERTIFY that on this day, httore me, an o((ic~r dul~• :u~thori~rd in thr Stat.~ a(uresaid ancy rCtF~~ Count~• ~forrsaid to tak~ a~knowledqments, prnon~lly ap(xutd C PETER G. ROBINSON, President, Laurel Builders, Inc. to m.• krK~wn tu {w• thr p~•rwn d~scritxd in and who cx~~ut~d th~ (orreoinq instrument and WtlO aeknowkdRed Ix~~un• m~ that he cx~cu~ed the samc. ~~ 1~'ll \F.SS ~ny .hand and o(ficial xal in thr (:ount~• and Stat~• last a(or~said _this /~ day of ~~. :~. D. ~9 ~I . . ..~ • . _~Fi.SlI~~ ... .~l~.. ... . -• - - -~ --~ ...... ....... 1981 r: ~ 23 !'; ;: ^~ NOTARY PUBLIC ~!t ~~' ~•.: . . Si.lf.':ti • . . f?!'(:~s~ (`~''~' •. ri.Ei ~ _ . ~ J ~ 5.i~~ V V %'l~u h~s~nnnrn~ p~r~unr~! hy: A~/r/n ss ~ ~ ~ `~~,5 _ ~ ~~..~,~. ~~~,~-~ ~~.~. .~. -~.- . My Commission Expires: ,, ~.~u:,., • ' ` \ Y a • ' ' ~ ~ ~ ~ ~ ~ ~ ..~ ~ . ~~~~~M~~~~~~ ~ ~. . - ~~ ~ ~ - `: . ~ . . .~ , ;;. . , .~ ~~ 8t2R1 ~~~ PAGE ~ ! , - •- ~,~ ~ ~ W -~ ~ ~~<.~;