HomeMy WebLinkAbout0921 ant~ shall perlorm, comply wilh a~d nbicle 6y encl? and every tl~e ap?eements, slipu~ationa, conditions an~~
covenanls thereo/, and o( Ihis mo?Ipa~e, t{~en t{~is mor~gage dnd the estate hereby creatpd, shall crase, dp
te?mtne and be ~ull and void.
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~ the mortgagor he?e6y /urlher covenartts aRC{ agrees to pay promptly when due the pa~ncipa! and
infpres! and other sums o/ money provided (or in said nofe and this mortgage, or either; to pay all and
singular 11~e fa.rps, assessmpnls, le~~i~s, liabilifies, o61i9ations, and encum6rances oJ euery nature on said pro-
perty: to permif, commif or siif~er no u?aste, impai~ment or c~eteriomfion of saicr ~and or f~ie improvemenls
Ihereon nf any time: fo kpPP ~he buildings now or hereajler on said lund /ully insu?ed in a sum oJ no! less
Ihan NjA
in o company o~ compa~ies uccpptable to Ihe mortgagee, the policy or policies fo 6e hpld by, and payable
fo, saia morlgapee, and in 1{ie eveni any sum oj money E~ecomes puyaE~~e f~y virlue o( sucti insurance ttie
morlgugee sha~~ 1~a~~e ehe.ri~ht to receive and apply !he same to Ihe inde6tedness {~ereby secured, accounting
to fhe morfgagor ~o~ any surp~us; !o pay n~~ costs, cha~es, anc~ expenses, inc~uc~ing ~awyer~s ~ees und tit~e
search~s, reasona6ly incurred or paid 6y t6e mort~a~ee bpcause o( the ~ailure of the morlgagor to promptly
~n~ ~u~~y comp~y u~ifti ttie anreemenls, slipu~afions, conditions ancl covenanfs oj saic~ nofe anc~ t~is morfgage,
or eif{~er; to per~orm, comp~y u~ifh an~ ahic~e by ~ac~ nncl every !he agreemenls, sfipu~ations. condilions ancj
covenanls sef ro~f~ in sai~ note and f~iis morlga~e or eitl~er. In f~~e nvenf Ihe morfgaflor ~ai~s !o pay w~en
clue any tnx, assessm~nt, insuranc~ premium or of{~er sum o) money paya6le 6y rir[ue o~ said nofe and t{~is
mortgage, or eit~er, fE~e mort~ag~P may pay t~e same, without waiuing or al~ecting t~e opfion to Joreclose
ar any other rig~t {~erew~cler, and aIl suc{~ pnyments shall 6ea~ interest Jrom date thereo~ at the higl~esf ~aw-
(u( rnte lhen allowe<1 6y !?~e lau~s o~ t~~e State o~ f=loridn. ~
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i any sum of monpy {~erein re~~rr~~ (0 6P not pro:nplly paic~ within thirty dnys n¢xt a~ter
tF~e same becornes due, or i~ PQC~ and pVPry' fh@ agreements, stipulations, conditions antl couennnts o~ snid
note and lhis morlflage. or eitl?er, arP not (ully per(ormed, complied with ancl a6~d~I 6y, then 1{~e entire
, sum menlioned in said nofe, and this morlgaye, or lli~ enlire bn~ance unpaid thereon, shall lort{iwitl~ or
f therea/ter, at the aplion oJ the mort~ac~~~. ~~ecome and 6e due ancl payn6le, anyt/~ing in said note or herein
to I~P conlrary nofwithstandinct. Failure ~~y l~le morlgn~ee !o exercise any o~ the rig~ts or options herein
providecl s~ia~~ nol consfitufe n wainer o~ any riy{~Is or options un~er saic~ nole or fhis mortgage accruecl or ~
therea~ter accruiny. ' i
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~ (~.nR~,~~l;,-~•~: ~n ~ditness ~hereof 1{ie morl~a~or ~?as causec~ these presents fo (
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~f:At.l ~?c~ eiec~ile~ in ifs name. anc~ ifs corporaf~ seal !o be ~~ereunfo a~~ixed. 6y ~ts ;
~ i! prop~r o~~icers t~~er~unfo ~u~y auf~~orize~~, t~~P tjny and year ~irst a6oue writfen. ;
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s~g~d. s~at~d ~~d ~1~~~~,~~~a ,?,r ,~.~•5~.~~~ oI: ~ ~Sc~l l~rf
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~i Lfitnes . ~ PETER G. ROBZNSON
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' ~ ~tate of ' Lr=:f~f~ r ~~T, •t.-
f FLORIDA I f~ ;'t;
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~ I, ~unty of INDIAN RIVER 4
~ ' 1 F~F(t?:(~1' rf-.f~~FY tl~at on I~~i. ~~uy. (~rjo?v mr. an oJf~cvr ~u~7r aWhwizrd in t{~e $lutr ~ rounlr a~onwi~ to !a~ ac~nouae~g- ,
j me~ts. l~rrsorwlly a(qwure~~
i i': PETER G. ROBINSON
' ~rvl~ l•nou~n fo mv fu j.r I~r t' (~rr.~Jrnt an~l resrxd~v~~y o( Itit caporulion namrd os .
murlgagw in Ihv r~NP9(N~1[~ irutrurnrnl. um~ I{~uf t~~ry s.•~wru~~p ac~nuu~v~lgr.~ PlPU1IlI~l~ If1P samr, in 1~~ pnxnn o~ luo eu6xriding u~lnrssts.
~r~vlv an~~ ~Y.lunt~n~y urul~r nutl~w~h• ~1u1~• ~•.•.wd in ~Lrm 6~• s~i~r~ ~wjx»u~iun an~l that t{~t uol a~~iaed 1lwnto is Ilie wr co?{rwdt xn~ o~ -
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' ii ~vrr~t:~~ ~~y hun~~ om~ o~~~r~oj seu~ in 1{~r C~a~ntq and Ctaft ~ust a(ortw~~ I~ts ,uy o~ ~~~t~~~
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' " NOTARY, PUBLIC
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A% • ~ • M~: Commission Expires:
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~ J.~t~; . , ppTatnn C. NEU
4 ,~'r P{otsrv P ~a st l.Mp~
~ %%ri.~ /~i~~rr~uu•~d prrpnri~ll?y: . .
~i _ IY1y Cor~~rn:~_ . ~~.JUne 10.1981
AJdnu 80~KJ~~ FlGf b.1(,. 8 ~ .
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