HomeMy WebLinkAbout2248 'I _ ~
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~`I and aha!! per/orm, cv~mp~y wifh and abide bp c•ar1~ and euery tf~e agr+eeinefils, stipulatinns, xionditions and !
Il co~~enan~s lhereo~, and of this m~rtQa~e, t{~rn this mortga~e and tl~e nstate here~y creatrc{, s~ta~~ ceass, a~e- ~
~)ermine end 6e null an~ voi~. ~ '
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i ~ the ntorfgagor ~erc~y ~urt~ covenarifs and ngrees to pay prompt~y u~hen due t~e principn~ and ~
interest and o~her sums oJ money provided Jor in said note and tl~is mortgage, or either; to pay all and
I{ ~ingular the taxes, assessments, leuies, lia6ilities, o6ligations, and encum6mnces o~ everp nature on said pro- ~
perty; fo permil, commit or su`~er no waste, impairment or deteriomtion , oj aaid land ar the improvements ~
lhereon at anv 1imp; to ~rcrp' the ~ruikrings now ar he?rajtc~r on soid Gsnd Jully insurecl in a sum oJ not less ~ f
:I~an the gr~:acipal ~moLint of tlzie mortgage -
in a company o~ companies accepta~je to fhe mortgagee, !he pv~icy o~ policies fo be ~e~ ~y, anc~ payab~e ~
to, said mortgaqee, and in the ee~ent any sum o/ money 6ecomea ~ya6t~ by uirtue o~ ~uch insurance the J
mortgagrp ~I~aII hac~e the reght to receive and apply the same to the inde6tedneas here6y 9ecured, aceounting
j to the mortgagor Jor any surplus; to pay al~ cosfs, char+Aes, nnt~ expense~, inclucling ~wyer~s `eea and tit~e
l searches, reasona6ly incurred or ~a~d by rh6 martga~ee 6frcause o( the failure of t1~e mortgagor to promptly ,
, IM and (U[ly comply wilh t~e agreements, stipu~ations, roncjitions arid coc~enants of sai~ nofe and t~is mortgage,
~ or either; to per(orm, cornply with and a6ide 6y eacf~ and every the agreernents, stipulatiorw, conditions and
~i covenanfs set (orth in saic~ note an~ ttiis mortgage or eit~er. ?n the event the mortgagot fails to pay u~hen
j tlue ony lax, assessment, insurance premium or ot{ser sum o~ money ~ya6l~ by vi~tue o) saic~ note and t1~is
I murtgage, or either, t{ee mortgagee may pay the same, witf~ou! waiving ar a)fectin~ the oplion to forecloae
~ I or any othc~r right hereunder, nnd aIl sucF~ paymenta s1~all bear interest Jrom date thereof at the highest law~-
/u~ r~te tf~~n allowe~ 6y tl~e Ia~os o) the State o( Florida.
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~i any sum of money herein ?eferred to ~?e not prompt~y paic~ within '~,~x`t~ clays next afte~
~ t{~e same beromes c~ue, or i~ ea~~ ancl ec~ery t~e agreements, stipulutions, conditions ancj ~~ove~nants o( sai[~
~ note and this mortgaqe, or either, are not /ully performed, complied with and a6ided 6y, then the entire .
i~ aum mentioned in said note, and t{~is mortgage, or the entire balance unpaid tl?erEwn, shal~ {ort~with or
~ ~ thereafter, at the opti~n of the mortgagee, 6ecome and be due and paqa6le, anything in said note or f~erein
' i to tF?e conlrary noiwithstanding. Failtire by the mortga9ee to ezercise any of the rights or options herein
~ pro~~ided shall not constiiute a waiver o( any rigl~ts or options under said note or tl?es mortgage accrued or
~ ~nerPa,~Pr afCtUtli~]. - '
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!I ~n ~~Lll~s ~Ot~ the said mortga~or hns herpunto segnc~d and senletl the3e preaents the
c~ay an~ yeur Jirst abane tnritten. . j
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Signed, t~Ied a?id d ir~erecl in the pr enc
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_ ;i STATE OF FLORID.4, ~
~I COUI~TY OF $l. TiLT~'i~~' I HEREBY CERTIFY that on this day, before me, an
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officer dul~~ authorized in the State a(oresaid and in the County aforesaid to take acknowledgments, p~rsonally appeared
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MICHAEL 1. PERRI, JR. , ax~d SgI+TDB,A L. PERRI, hi~ wife, '
r. to me known to bc the person $ desrribed in and who executed she fo~cqoinq instrument and j',$8~ acknowledged ~
i :I before me that they exccured the same. i
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~1'I"I~\ESS my hand and official seal in thc Gounty and Statc last aforesaid this ~ 3ti~'1 day of
~ ~ July D. ~s 65
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~ ~ 0 0 K ~ry Pi1~K, Stzte o! Florid~ ~t lamf
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~ , ~~ti.~~,.,-. ~~j~~ tAp Commissi~n E~,-i:es ti;r. 28, 146b
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• il ~ ,,,r bnwd A~nriun~iu~ b Giwhr Co. ~
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~ f'p01 i RA~, CLERK
` o'`~-•..»«• ; C#C ~ DUNTY~ ~
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f F~~,,,, ~ . ~'FLOR DA I
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