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HomeMy WebLinkAbout0933 and shall perjorm, comply u~ilh and a6tde 6y each and euery Ihe agreements, atipulafion~, condilio~s and rnt~enanl~ fhereo~, an~~ o~ I~~is mo?tga{~e, Iti~n Itiia mo~lflage and ftie e~fafe here6y c?eaf~, sha~~ cpa~e. dr- . fe?mine a~d 6e null and void. Ii11~ Ihe morfgngor here6y Ju?ther co~~enanls ond ugreea to pay promplly wl~en crus fl~e prtncipul ane~ inlerest and ot~er sums o~ money provicled (o? in soid note and this mortgage, or e(1{~e~: to pny all and sin~u~ar Il~e ta.rei, ass~ssme~fs, let~i~s. ~ia6ililies, o6~igulions, and encum6mnces of euery nafure on said pro- pprfy; fo permit, c~ommil or su~~er no wwfe. impat?menf or delerioration o~ saic~ ~and or !tie improveme~la Ihereon nt any time: to ~PPp IIIQ 6~iildings nou? or herea(ter on said land (u~~y insurecr in a sum of ~of ~ess fhan p~p in a cumpany or companies accepta6le to 1he mortgagee, the po~icy or poli~ies to 6e I~eld by, and puya6le fo, saic~ mortqa~ee, anc~ in 1he evPnl any sum oj money f~ec-omes ~yah~e ~~y virtue o~ suc~ insurance ftie mortgag~e sl~all ha~Te 1{~e ?i~h! to ?eceive and apply !he same lo Ihe indebtedness l~e~e6y secured, accounting fo the morfgagor ~or any surp~us: to pay a~~ costs, char~es. and expenses, inc~u~ing ~nwyer~s ~ees and lif~e searc{~es, reasonably incurrec~ o~ ~~d 6y .~hP morfga~ee hecause oJ fhe ~ai~ure o~ Ihe mo~lgago? fo prompf~y anc~ ~ullv comply u~ifl~ ll~e agrePmenfs, sfipu~alions, conc~ilions anc~ couenanfs oJ said note and ll~is morlgage, or eit~er, lo perjorm, comp~y ioifh an~ a~,icre 6y eac~ anc~ every II~e agreements, slipu~alions, concrifions anc~ I covenanfs set ~o~f{~ in saii~ note an~ t~iis morlgage or eil~er. ~n fhe ~venl f~e morfgagor ~ai~s to pny w~en ~ ~ue any tax, assessm~nf, insurance premium or ot~er sum o~ mor~ey paya~Ie by vi?fue o~ saic~ nole anc~ fhis i mort~ac~~, or eiftier, fhe morfgage~ may pay the same, withou! waiving o~ n(~ecting ttie opfion to ~orec~ose or any o~{~pr rit~{~t {~ereun~ler, and all sucl~ paymenfs s{~all bPnr inleresf (rom c~ate tl~ereo( at flte higF~est law- fu~ rale f~ien a~~oioecj ~~y f~~~ ~au~s o~ f~~e Sfal~ o~ f~~orit~a. ~ l` an sum o mone r'? r r• y ~ y e e~ i e~p ?i~l fo be no! pro:npf~y paid u~iftiiri thirty daya next n~ler ~ f{~e same 6ecomPS due, or i~ ~ac~ anc~ every ftie agreements, sfipu~afions, con~itions an~ couenanfs o~ said note nnd this morlgaqP, or eilher, are not ~ully per~ormed, complied with und a6ided 6y, Ihen !he enfire ~ sum mentioned in said not~, and t{~is mo?t~~a~~e, or fhe entire 6nlance unpaicl tl~ereon, sl~all ~ortlw~ith or ~ tl~eren/1er, at tlie oplion o) tl~e mortga~e~, become and be c~ue and paya6le, anyll~ing in said note or I~erein !o t~iP contrary nolu~if{~stariding. Failu~e 6y lhe morf~agee to exercise nny o~ fhe rig~ts or options ~erein provic~ac~ s~~u~~ nof c-onstifufe a wainer o~ any rigtits or oplions unc~er saic~ note or t~is morfgnge nccruec~ or i !{~ereoJfer ~crruing. ~ ( i ~ i , i ~ ! II ' ~ ' ~ ~ , I ` ~ ~ . . ~n ~d~tness ~hereof l~~e morf,yayor {~as caused f{~ese presents lo ; (~'ORI OIt:17T: ~I:AI-1 f,e ~xecut~c~ in ifs name, ana ifs corporate sea~ to be ~ereunto n~~ixecj, 6y ils ' pro~~~r o~~icers t~ier~unto ~u~y auf{~ori~ec~. [{i~ c~ay an~ year Jirsf a6oue wriltPn. - , :~~IT(:tiT:__ . - _ - - _..I.ALiREL.BUILAEI~S.....II~C- . - - _ - 1 I ' ~ r~-tary ~ I ~ Si c~. s~a~~•r~ an~~ ~~r~i~~~rr~~ in 1~~~ pr~•sc~nc~ o~: ' ~ , , -~l..G'-~i'_ ~ ' L~ _ fi.. i/ L ~..1 C ~/f - - i G/eCr' {~r~si~nt w 6ness PETER G. ROBINSON ~ ; . , : ~ ~ N~ . . _ j ~ ~ Wi;tness 1981 ;~',i -4 A,Ri il~ 07 ! ~ ~ ~ s~s~3o : h: . : ~ , i ; ''cGt ~ ; i . ~ ~ ~ ~ f ~ ~tate Of FLORIDA ~ _ ~ ~f ~ ~ ~ ~ ~ ; ~ ~ounty of INDIAN RIVER ~ • i~~f:rrr:iiv ?r~~iri• d~al un I/~i. ~~av. ~or~ mr un o(~arr di~y oWtionud m 1~~ $!d~ aru~ ~~ouNy aranaoid lo !ak at~rnou~~dg- i ~ ' rn~n1!. {w~rionu~~y u/q~evr~•~~ • ~ P~:TER G. ROBINSON ur~~ ~nuu•n to nW f„ frr IRr y~ GL ~'rv.~~J.~n~ uni~ /PS(XCII~YIr d thr co~poration namrd m 5 t mwfgayor ~n I~v ~un•qo~ny intlrurm•nL .~n~~ I~+af IF~rv sv~wru~~~ n~~~nnu~e~~yv~ v~ruding f~~e wmr, in 1~~ prrxnct o~ lu~o fub,~,~b.~ udlnrssrs. 4 ~ ~rae~v anr~ ru~unlm~~)' un.~rr au!{~oidv ~la~v rralv~l m t~irm ~~p 1~~1~~ .a~xiruiiua un~l l~ol Itie sro~ o~~ii~d ititnto is I~e true rnrporolt xu~ o~ ~ ~ ca~/~ liN(X~rull~M ~ 11'~f~'~:~~ . , F.~ ;;rr::.:! :F.~ !'..::rs; :,:.d ~:~:F ~,..~«~ud ,1oy o~ si ~ , ~ ~ , . : , _ ~ ~ , l ~ . 1~ ~:.t.~.f~.f./J~rfi.`/.~+~_....' . . "*t ~ : ~ ` NOTARY PUBLIC - . ~ ~ My Commission Expires: ii ~ j! ~ : , r . . ,a i v ~I ~ ° . :1 MT111CIA L I~Q! i . ! lii~ /~rclnnnr fmprrr~~! 1 y: ~1?'u01ie Stat~ d Horld~ at l~ ~ i Nh? CoenmMtioe E~irMJun~ 10.1~1 ~ ~1 ~l~lr~xr (iR ; ~~~K 354 PaCE ~~2 ~ ~ , - - .