Loading...
HomeMy WebLinkAbout1990 ,~~r-iri~~ ~~co~~~ ~oox PAGE~~1~ nnd s1~all j~c~r~orm, comp~y tvilli nncl nbid~ Iiy etu~~? ancl every ilie a~reements, stipu~ntions, conditions nrtd . :oi~en~~nts tl~~reo~, and o( tl~is mortgnr~~, tl~en Ifiis moric~a~~e nnd I{~~ Pstnle ~~~re6y createc~, s~ia~~ ceaso. ~c+- ~ termir~~ nnc~ be n~~ll an~~ roicl. - - D~CZ~ t~ie niortqagor ~~e>ri~~~y jurt~~er ronenanfs ancl aflrees lo pay promptly when dtte Ihe principa! nnc~ • ir~ter~st nn~~ ol~~~r su?t~s o~ mon~y prori~~~~l lor in snic~ not~ nnt~ t{iis mortfln~e, ~r eif~~er; !o pny a~~ anc{ sin~u~ar tl~e laxes, ass~ssrnenis, ~evies, ~ia~~i~ilies, oG~i{~ations, anc~ encumFirances o~ eve~y nafure on snicl pro- p~rly; fo p~rmii, com?nit or sujJ~r no iuaste, impnirment or c~ete~ioralion o~ sniel Innc1 or ffte improventP?tts Il~er~on a: any lim~: b R~~p 11~~ buildinc~s no~a or liereaJl~~r on snid land Ji+[iy insured in n sum o~ not ~ess ' i~inn in n compnnp or e•ompanies ace~epta~~~e la !'~e mort~c:c?ee. I~ie po~icy or po~icies to he ~~e~~ E~y, anc~ paya6~e fo, snic~ rnorf{~ayee>, aricl in t'~c~ event any sum o~ money f~ecomes pnya~Ie f~y e~irtue o~ sucji insurance the morlc~n~e~ s~ia~l hni~e tli~ ric~l~t to rereii~e anc, npp~y t~IC SAfT1P t0 the inc~c~6tec~ness ~?erel~y securecl, accounting 10 ifln mori~~aqur ~t?I' (t~I}' S[~~f)ii~5: Tt7 j)cl} t:~~ COSiS. C~itiitjF~, a::2.~ 2X~..C~:S. i!t^~t::~:P.^~ ~n~i~vgl~S ~PC'S ll/1~ ~1~~~ searc~ies, reasonaE~~y i~icurrec, or paic~ ~~y t~~e mortga~~~e ~~ecause o~ t~ie Jai~ure of t~~e mortfla~or to prontptly nnc~ ju~ty comply toilEi t~~e a~renments, stipu~niions, conc~itions an~ conenants o` saic~ note nnc~ Ifiis mortgage, ~ i~ or eil~ier: to p~~rjorm, comp~y u~it~i ancl aGir~e ~y enc~i ancl every tl~e npreements, stipu~nfions, conc~ifions and # i'ot~ennnls sef ~orl~i i?~ snic~ note a?ic{ t~~is mortga~e or eit~ier. /n f~~e event fhe mortfla~or `nils to pny u~hen - c~ue nny fax, nssessrnent, instirnnc~ premium or ollier sum oj money pnynb~e ~y virtue oj saic~ note ancl t~iis morlflnc~e, or eit~?er, I~ie mortf~nge~ mny pny t~~e snm~, wit{iout tunivinc~ or ajjectinc~ l~ie option to ~orec~ose : or a?iy ofli~r rig{it linreuncl~r, ancr nl~ s~icli pnyments sfinll ~enr interest from clate thereof at t~ie Iiifl{~est law- (u~ rnte t1?~n allowecl 6y flie ~a~vs of tlie ~tate of F~oricla. Dl any sum oJ money I~~reiri rejerr~c~ to ~e not promptly paitl within . c~ays neYt alter I~i~ snme ~~e~omns c,u~, or i~ eac~i nncl every tlie agreemenls, stipu~ations, conc~itions anc~ covenants of saitl ~ ; note and t~~is mortc~nc~~, or c>itlier, are not f ully per/ornied, complied with arid a6~ded by, then the enlire s sum mentionecl in saicl note, nnd this mortpa~e, or the entire 6alance unpaic~ thereon, shall forthwit{? or ~ IfiPrPA)[P!', (lI [!iP OPilOfl O] ~t1P f710~l~R41C'e, Ue~u??ir ~i?it1 Vr fiiie tiitu FiiiyaTvic, i:::y:i::::y :it ~:::a~c it:s:~ vz ~'s~;cJ» _ lo t~ie contrary not~rit~~stancIinn. I'aijure hy t{~e mortqac~ee to exercise any of the rig{~fs or options herein ~ r proi~ic~ec~ s~in~~ ?iot coiistit~rfe a ivaiuer oJ arty ri,ry~its or options unc~er saic~ note or t{~is mortgage aceruec~ or - Ilier~n~ter nccrtiiric~. ~ s ~n ~itness ~hereof~ 1{ie saic~ mortc~ngor j~ns ~ieret~nto si~nec~ anc~ sea~ec~ ihese presents~the ~ c~ny anc~ year first nE~o~~e inritten. ~ Sipnec~, sea~ec~ nnc~ elive >c~ in tfie presence of : ~ , / . . ~ ~ s. ~ . • } ~~~~~~~C~~ I ; ~1 ~ .".lin -F -.---p ..-in . : ~~a ~ ~ PP . . = ~ ll.__.:.._._ . - ~ - ......__.---Lola~ Eli~a ~ th Fippi.. ~ ~ ~ ~ ~ ~ .-~-r~--.,~!I'--~i?~--------- - ~ : 0. - . ~ .7./.~z4-- - ~ k ~ 1 I y i{ S ~ STATE OF FLORIDA, ~ ~ ~ COUNTY OF Indian River I fiEREBY CERTIFY that on this day, before me, an ~ { officer dulp authorized in the State aforesaid and in the County aforesaid to take acknowledgments, petaonally appeared ~ t : " ~ Olia F. Pippin and Lola EliLaheth Pippin to me known to be the person g described in and who eaecuted the foregoing instrument and ttley ~eckhowledged t~eFore me that they executed the same. <<- ~~ti~;:.......::r:j. - ~tiITNESS my tiand and official seal in the County and State last aforesaid this ~.~~1v ~Ql~(~~af~oF~ . ~ . , . , 66 . , • : February A. D. 19 „ ~ ~ . v` . _ , ~ , . , ~ - ~~j~~~~ « - ~ ~ ~ ~'(~.~J ~•i9~ ' ' . ~i?s~~~'~_ i?` ~ ' - ~ ~ ~ ""....r..-.......y. " ' - . F \ £ = ~ ' .C? > FILED AND RECORDED " ' ~~AoOK Notar~r Pub(ic, State oE ~lorids. af~.~j9 ' . ! t ~t~~' . My Comm:asion Ezpuas Apr. 1"8t~`'~~4~~,~ aJ`s _ ~v~lt.t-Z~ ~ q _ ~ ~ . - . ~ :.,~~„<<:,,;,.., ,66 ~EB I0 PM 3: I3 . ~ 1- . ~ . f ~ ~1''N~)( y ~ I~v.1 ~ ~~J ' '"s!~ ~ ROGEf~ Y~i i Cj - , ~r~J, CLERK c~ - ~ ~ = ST. ~.UCIE COUNTY, = = ' - . . ; ~ = F~ORIDA _ . ~ - _ . j ~ ' 0 R ~J . BOOK O ~S~