Loading...
HomeMy WebLinkAbout0929 and shal~ per~o~m, comply u~ith an~l abtde 6y each and eve?y the agreen~enta, stipu~ations, condilions an~1 coi~e~anls ihereo~. anc~ o~ f~~is morfgage, thPn fhia mo?Iq~ge anc~ fhe estolR he?e~y rreal~c~, ahal! rpase, dP Iermine and 6e null and ~~oid. nil~ Il~e mortgagor hereby Ju~ther covenanls and agree~ fo pay promplly wl~en ~Iue f{~e princtpal an~J interest and other sums o( money provided (or in snid note and this mortgage, or eithe~: to pay all ond singular the fa.res, assessmenfs. leries, liabilitiea, o6ligalions. and encum6ranres of every nalu?e on snicl pro- pprfy: to permit, commit or suf(er no u~aate, impairment or deteriomfion o/ said Iand or tl~e improvemenfs lhereon ~t any time: !o RPPP IhP bui[dings nou~ a- hereajter on swid land jully insured in "a sum oJ nol less than N/A in a company or companies acc~pta6le to Ihe morfgagee, fhe po~icy or po~icies to be held by, and payable lo, saic~ mortgagee, ant~ in the ei~ent any sum of money hecomes payah~e 6y virfue o~ sucR insurnnce fhe morlgagee sf~all F~ai~e i~e riflht fo receive one{ app~y !he same to t{~e indebtedness tiereby secured, accounting lo fhe morf~agor ~or any surp~us; to pay a~~ costs, chctrges. onc~ expenses. inc~uding ~awyer~s f ees ont~ tit~e senrches, reasonab~y incurrec~ o~ paie~ by fhe morfflagee hpcause o~ l~e ,ai~ure o~ !~e morlgayor fo prompt~y ant~ ~u~~y comp~y u~ill~ ihe agreem~nts, slipulafions, conc~ifions anc~ covenanls o~ sai~ note anc~ this morlgage. or eifher: fo pe?form, comply with and abic~e 6y eac~ aric~ every f~ie ngreements, stipulalions, cont~ifions and coi~enants set ~orl~ in saia nofe anc~ f{~is morfgage or either. In f~~e pi~enf f~e mortflagor ~ai~s fo pay w~en due any lax, assessment, insurancP premium or ofher sum o~ money paya6le 6y ~~irtue o/ said note nnd f{~is morfqnq~, or eit~er, t{ie morigag~P may pay fhe same, without waiving or a~~ecting the option to ~orec~ose or any ofhe? rigl~l liereunder, nnc~ all suc{~ paymenis shall bear interest jrom dnfe thereo~ at ~he higl~est jnw- (uI rate 1~ien aUou~e<~ by th~ Iau~s of tl~e State o( F~orida. )l nny sum o/ mon~y ?~erein r~jerrer~ fo ~e nof pro:npt~y paic~ u~it~~in thirty days nex! aJter 1i f~e same ~ecomes e~uP, or i f rac~ an~{ ev~ry f{~e agreements, stipu~ations, conaitions nn~ couenants o~ said ~ note a?id this morfgage. or eil6er, are nol Jiilly per(ormed, complied with und abicled 6y, then Ihe entire ~ sum menfione.cl in saic~ nofe, anc~ lhis mort~ac~e, or ftie enfire 6a~ance unpai~ Ihereon, sha~~ fort{uuil~ or ~ therea(ter, at 1h~ oplion oJ l{~e mortc~a~ce. 6ecome and 6e due and paya6le, anything in said note or herein _ fo t{~e conlrary nolu~i!{~slanc~ing. Fai~ure ~y ~~~e mortgagee fo exercise any of t~e rig~ts or options /~erein provic~ecl s~ia~~ nof consfifute a wairer o~ any rig~is or options un~er saic~ nofe or fhis mortgage accruea or therpalier acrruing. i i ~I i' i I ' ~ ~n ~~tness ~hereof t{~~ mortyagur {~as caused these prese~ils to ~i ~c~?r?~c~rr;~-rr: : ~ ~f:Al.l execulecl i?i ifs name, an~ ifs corporate sea~ to 6e hereunfo a~~ixed, 6y ifs ! ~ j~ pro ~pr o~cers t~er~unto clu~ aut~~orise~I, f~~P clay arid year trsE nbove wriften. ~ r 1~~ y f~ ; ~ i , ii _ ; :~Z rI:ST: . _ _ _ LAUREL. BUII.DERS.._.INC-~ - . ! - ' ~ i i ! ' ~ Si s~a~~~~ nn~ c~~~in~?~~~ in t~~~ pr~s~nc~ of : 7 ~ ~ I . . v.,~.. ~ • L~ ~ ~ , ~C-!~ ~ zSc,, ~ . _ . . . - - - ~ ~ aG Ll,Ct6t/ fi.. ! ~ ~ _ - _ . i ! . . . . ' - ~ - - . . -Fros~d~nt ~Itness ~ ~ . PETER G. ROBINSON , ~ , ~ _ t - - ~ _ . _ _ _ _ _ s;~s~~ ,i witness ~ ~ ~J I9nl -4 r,!', :I= 07 :nc t c+r ~i' :.r~: N. ; ~~tQ Qf FLORIDA ' ~i{~ ~ f " f i Ir? . . . ~ ~ y, ~ounty of INDIAN RIVER ~ e I HERFBI' ('F:K7'1l=Y iLot un ttii. ~~~y. 1~v{.»r rno. ~~n uf~~cri d~~y aulhw~ud in t~e $tafe and roudy a~o?rsaid fo la~re ac~ou~rdg- c +.w•nfs. ~wrsomlly up~.rure~~ ;i PETER G. ROBINSON rl( ~.~„LL~~ ro,.,~ ?,P ~6N v/~ P.~.,.Irnt o~d .es~<«Y(Y o/ ih< <~ui~«~ .~.~.d ~ IrtM~(~tll~lN in 1~? /WPQ~N~1Q insbumrnl. un~~ f{iat Ihv~ sv~Yra~~y ac~nouatr~qrd ?artufinp !{~v wme, in Iti~ pivxnt~ o~ lu~o fubfct~~ng uiilntsxf. i IIPPI\ flfi(l ~'~lIf1~P/l~y' 1~l11'V/ UII~'1WI~Y ~III~'i t'Va~y1, IR ~/~PIII LY(I rwpwulion NI~ ~~IO~ ~Ilf lPO~ al'4tM ~~ff~0 /S {!Uf COf()W4~f N6~ OI } i wi~~ ror~.ora(~nn. • € ~ ~~~~\~.51 my {ian~~ an~~ u~~i~~al sea~ in ttir ~~Waniy una` ~~a?e jnst ujoresaia lhi. ~ay o) C~,e~' ~ I! ~ ~ 1) ly - ~ t~`~ ,~~~~~,.~sie~;~~.` . ii ~Jr,, e : _ t ' , ~ . . ; _ ..7 ~~~Q ~ ` : • . r -JI~:7r:•~--~-."' . . : ~ ~ ~iOTARY PUBLIC . ~ ~ ~ ~ ' C. :t i~' ~ 1~ . . ' : 1~ , p ~ ~ ~:l~iy Comnission Expires : ` ~i 1..: . :r ~ I' - ! ~ ~ PATMCfA L.1~1! ~ ~ , ~ ' i; ; , ~ ~ry pubtic Stets d fbtid~ IR tarp~' ~ %%i~~ I~ulrii~~~r'~~l pr~pnr«I hy: 1wAYComm~sswnExP~ns.lun~10.1~81 ~ rl~lJns~ Bf1tH(~~~ ~'1lb~ ~7~ ! " ~ ~ . ' _ ~ .~-..s . . _ . . _ .