HomeMy WebLinkAbout1575~o~K ~ l PA6E~7~ .
cT ~ i~rlE CQUNIY. FIA.
and shall perform. comply with rend abide by eot:lt and -every the agreements, sttptslatiorts. conditions and
corettanls thereof. and of this mortgage. then Ihi, mortgage and the estate herby created. shall cease, de-
tsrrrtins and be null and void. _ '
the mortgagor hereby f tirthK cot,enaeb and agtese to prey pt.ompfly when dw the prindpal and
interest and othK sums of money provided for in sold note and this mortgage. or etthK: to pay all and
singular the taxes, assessments, levie+. liabilities, obUgatians. and encumbrencss of every nature on its
pe-tY: fo permit. commit or suf fK no uroste. impairment or deleriorofion of said land or the impro
thereon at any time: to beep the buildings now or herraflK on acrid land fully t-uured in a sum of not less
than ~------------------------------------
the maximum insurable value-- ~ ~~„ fo 6e held 6y. and payabb
in n rnmpnny or companies ncrepfoble to the mortgagee, the Policy
to. snid ritortgagee. and in the even! any sum of money becomes payable by virtw of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus: to pay all ewes, chatgis, and expenses. including lawyers fees and flue
searches, reasonably tncu-red or paid by ih~ mortgagee becnwe of the fattier of the mortgagoP to prottsptly
rend fully comply with the agreements, stipulations. conditions and covenants of said note and Iht, mortgage,
or either; to perfo-rrt. comply with and abide 6y each and awry fhs agreements, stipulations, condilio LL,nnd
covenants set forth in said note and this mortgage or etthK. In the event the mortgagor )alb to prey
due any tax. assessment. insurance premium or other hum of money payable 6y virfw of said note and This
mortgage, or either. the mortgagee ntaY PaY the same, without waiving or affecting the option td foreclose
or any o1hK right hereunder, and all such payments shell bear interest from date thereof at the highest low-
(uI rate then allowed by the laws of the State of Florida.
` (tied to 6e not {-romptly paid within thirty (30) daY+ next of tK
~l any sum of money hKein re e
the same become! due, or if each and every the agreements, stipulations. eondilioru and covenants of snid
note and This mortgage, or PithK. are not fully perforttned. complied with and abided by, Then the entire
sum mentioned !n snid note. rend this mortgage, or the entire balance unpaid thereon. shall f orlhwilh or
therea(tK. a! the option of the mortgagee. become rend be dw rend payable, anything in sold note or herein
to the contrary nolwilhstanding. Failure by the mortgagee to exeeeise any of the rtghb or options herein
prorided shall not constilufe a waiver of any rights or options under said note or This mortgage accrued or
Iherea(Ier accreting.
sn ~~[~ ~h~tt4fr the said mortgagor has hereunto signed and sealed These presents the
day and year tint alwve written.
Signed. ~rt~d the p erftr
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STATE OF FLORIDA,
COC~TY OF ~~ Lucie i HEREIIY CERTIFY that oa this day. bdore me, an
officer duly authorired in the State atoreuid and in the County aforesaid to take acknowkdRmrnts. personally appeared
Leroy Lamb and Marilyn Lamb, his wife,
to me known to be the person 3 described in and who executed the toreRoirpt instrument and they acknowkdRed
before me that {hgy executed the soiree. sr /~.
N IT~IESS my hand end official sea) in the (:aunty and State tut aforesaid this ~ day ai
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~ January A. D. 19 B=.
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- 161 JAN •° PM 4: ~9
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ROGER /. ~'RAS, CI~RK
~T. ltlC1E C~~KiY, fl9R~BA
Notary Fublic, State oi~~ F'Iori at Yarge.
~y commission expires: J - i Y-~ y
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