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.
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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~.
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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 :
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~ - ......__.---Lola~ Eli~a ~ th Fippi.. ~
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~ 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~ .
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, 66 . , • :
February A. D. 19 „ ~
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FILED AND RECORDED " '
~~AoOK Notar~r Pub(ic, State oE ~lorids. af~.~j9 ' .
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My Comm:asion Ezpuas Apr. 1"8t~`'~~4~~,~ aJ`s
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' '"s!~ ~ ROGEf~ Y~i i Cj
- , ~r~J, CLERK
c~ - ~ ~ = ST. ~.UCIE COUNTY,
= = ' - . . ; ~ = F~ORIDA
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. BOOK O ~S~