HomeMy WebLinkAbout0925 and sholl perJorm, comply u~ith and a6ide 6y euch ant~ every the ogreements, stipulofions, condiltans and
couenanfs I~ereo/, nnd o~ fliis morfpape, then fhi~ mortgage and the estate I~ere6y crealed, skall cease. de-
Ier?nine and 6e null cnd void.
the morlgagor I~ere6y (urther couenants and agreea to pay prompl~y when due Ihe princtpal und
infe~esf ancj other sums o~ money provtdecr ~or in said note nne~ I~ia ?norlgnge, or eittier; to pay n~~ nnd
singular tl~e 1a.res, assessme~ts. leriPS, Iia6ililies. o61ig4tions, and encum6rances o/ every natu~e on said pro-
pprty; to permil, commit or suJ~er no wasle, impairmenl or deterioralion o/ snid ~and or Ihe imp~ovemenls
ihprPOn at any 1ime: to k~ep tlie buildings now a herea/te~ on said,land jully insured tn a siim o~ nol less
Ihan N/A
in a company or companies arc~ni~6l~ ~o tf~e mortgagee, the policy or policies l0 6e held 6y, and payable
fo, saic~ mortgagee, nncl in Itie et~enf any sum o~ money f~ecomes payah~e 6y virtue o~ suc~ insurance fhe
mortgagee shall havp tf~e ~i~ht to ?eceii~e and app~y th~ same to the inde6feclness here6y secured, uecounting
to f~~e morfgagor Jor any surp~us: to pay a~~ cosfs, char~es, an~ expenses, inc~u~ing ~awyer~s ~ees and title
searches, reasona6ly incurrecl or paicl 6y t{~e morffla~ee because o~ ttie ~ailure oj ftie morfgagor to prompl~y
mu, ~u~ly comp~y u~il~ fhe agreements, slipu~alions, conditions anc~ covenanfs o~ saicl nofe anc~ lhis mortgage,
or either; !o pe~~orm, comp~y u~if~ anc~ a~ide 6y each anc~ eupry 1{~e agreemenfs, stipu~afions, contlitions anc~
covennnts c_ot ~orlh in saic~ note and f~~is morfgage or eif~er. /n I~~e enPnt f{~e morfgaflo~ ~ai~s fo pay when
due a~y iax, u~sessment, insurance premium or other sum o~ n~oney paya6le by nirtue of said note anc/ iliis
mo~tqage, or eit~?er, f~e mo?lgage~ may pny the same, withou! waiaing or aJ~ecling the opfion to ~oreclose
or uny o1~er ri.ql?t Eiereunder, and oII sucl~ paymnnls sE~aII 6ear interest (rom date thereoj at t{~e {~igl~est law-
~u~ rate t~ien a~~ou~e~~ hy f~~e ~~ws o~ l~~e Stat~ o~ F~oric~a.
1L any sum o( Money ~ierein relerrPri fo 6e not pro:nptly paitl within th3rty dny: next a~fet
I lhe same 6eromes due, or i! each anc{ euery tF~e agreements, slipulalions, con~iiions and couenanle o~ sait~
note and this mortga_ye, o? eifl~er, are not jully perJormed, complied with and abic~etl by, tf~en the entire
~ sum mentionpcl in said note, ancl 1{~is morf~uf~e, or 1~e enfire ba~ance unpaid thereon, s1~al~ ~oNluuith or
thereaJter, a! fhe opfion oJ f~ie morfgapee. ~ecome anc~ be clue and payable, anyt~ing in said note or kerein
to thP contrnry notu~i~f~standing. Failure by fl~e morlga~ee to exercise any of I~e rights or options herein i
pro~idec~ s~ia~~ nol conslitute a wainer o~ any righfs o? options unc~er saicl nofe or f~is mortgnge nccrue~ or ~
thereaf ter accruir~y.
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~~~~r~~l:irj_ •.ssi..r.s svisiiirs fiiY n.u..yuyor /QS CaUSe these presents ~O
~1:,•V.) F,~ exc~cuted in ifs name. and iis corporate seal to be ~ereunto a~jixed, by ~t: ~
I j, proper b~~icers t~~er~unto ~u~y auf~~o?izec~. l~~P day and year ~irst a6ove wriften.
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~tn s ; J PETER G. ROBINSON d~~``' P"S' "e
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i ~lL1le ~l ~M! ~ `C( r '"t i~
FLORIDA ' ~~,~~~rfr~ ti' ~:i'.
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t: ~ounty of INDIAN RIVER ti
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1 HFKFIiI" Cf:IZTIFI' ~hat on t1~i. ~la~. I,v(~.rr mr. an o(~~c~r du~y awF~orizrd in tkr Std~ aru~ roanty ewi~ to la~et ac~sww~e~g-
~ nu~nfs. persona~~y arr~N•ur~•~~ .
PETER G. ROBINSON
~g ~ u~rll ~nuu~n lo mr fo ~ Ihr L~ 1'rr.~Jrnl an.~ re~prcfive~y o~ Itit corporol.on namrJ w
3 . IRWIQfl9M in ltir ~rnvg.ring insfrum~•nf. am~ I~al I~~v~• sr~wru~~y a~{,~nou~v.~gr~ ~arculing !{~e wmt. in I~e preunct o~ fuo fudscnding udlnpsxs.
~ ~;I (rer~p an~~ +v~unlorriy ~m~jer u~d~wntv ~~u~v rvslrJ in I~~rm so~~ corporulion on~ Il~ol !tit seo~ a~~iae~ l~enlo is !tie Gw corporolt xa~ o~
~ ~ wu~ ~or~roration. ~
~~'r~tf_~\ my {~aml un.~ u~~i~ia~ seal in 1{~v C~ounly ww~ $talt ~asf a(~rrsoid ~{~is ~a o ! `
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~ ~ . ~ . M1INCIA L N~J
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