HomeMy WebLinkAbout1321 and shall perjorm, comply wil1~ and a6ide by each a~d ei~ery tl~e agreements, stipulalions, conditiona and ~
coi~enants thereoJ, and of this mortga9e, Ihen this mwtgage and the estate hereby created, sl~all cense, de- ~
termine and Ge null and ~wid.
the mortgaflor {~en+6y Jurl~er covenants and agrees to pny promptly when due the principal nnd
interest and othe~ sums o( money providet! jor in said nole nnd this moNgnge, o~ either: to pay aU and
singular the laxes, assessments, Iev~es, liabilities, o6ligations, nnd encum6r+ances of every nature on said pro-
prrly; to permil, commif o~ su~~er no waste, impnirment o~ deterionafion o~ saic~ ~and or the improventenb
tl~ereon at any lime: to keep the 6uildings nou~ o~ he?eajter on snid land Jully insured in a sum oJ not less
eRan ~ro Thousand Filty Seven and 95/ 00- ---~p11g~+ s
i~ a company or companies accepta6le to the mortgagee. t~e policy o~ porcies to be held 6y. ~d ~xiyabl~
to, said mortgagee, and in the euent any sum of money becomea Payn6le 6y virtue of such insurnnce the
mo~tgagee shall ha~e !he ?ig6t to receive and apply the same to the inde6tedness here6y secwed, nccaunNng
to !he morfgagor (or any surp~us; fo puy u~~ costs, ctiarges, and expenses, inc~uding ~awyer s~ees nnd ttt~e
searches, reasona6ly incurred or paid 6y tl~e mo?tgagee 6ecnuse o/ the f
ailure of the mortgagor to promptly
and jully comply wi11~ tF~e ag~eements, stipulntions, rnnditions and covenants o) said note and thts mortgage.
or either: to perJorm, rnmply wiih and a6ide 6y eacl~ nnd eue?q t1~e agresments, stipulattona, conditions and
conenants set fort~ in said note aRd IRld mortgage or either. /n the euent the morlgugor faijs to pny w~en
due any tax, assessment, insurance premiu?rt or ot~e~ sum oJ money paya6le 6y ~irfus of sald note and thL
mortgage. o~ eit~er, the mortgagee may pay the same, wifhout waiving or a(lecting f~e opt~on to f
o?ecjose
or any otl~er rig6t I~e?eunder, nnd aIl sucl~ payments s6all bear interest /rom date ther+eoj at the 1~ighest law-
(ul rate the~ aUowed 6y ~he laws oj fhe State o/ Florida.
~l any sum o/ monpy herein re~errecI to be not promptly paid within ~13,1't,3/ days next ajter
the same becomes due, or iJ each and e~~ery t/~e agreemenls, stipulations. conditions and covenants oj said
note nnd this mort9age, or eifl~er, nre not ~ully performed, rnmplied ~uith nnd a6ided bq, tl~en t1~e entire
sum mentioned in said note, nnd tl~is mortgage, or the entire balance unpaid iher+eon, s1~aU /ort6u~it1~ or
tkereajter, at !he option o( the morlgagee. 6ecome and 6e due nnd pnyable, anything in said note or herein
to the contrary notwitlisfandi~g. Failure 6y !6e mortgagee to exenciae nny o~ t~e rights or opNons herein
provided s~a~~ no! consfilute a waiver oj any rig~ts or options under soic~ note or this mortgage aocruee~ o~
t~erea(fer accn~ing.
i?,~
~n ~~~Il~ ~ t/~e snid morfgngor has {~ereunto signed ant~ sea~ tkese p?esents t~e
day ancr year ~irst aboue u~riften.
Signed, sealed nnd d ivere~I 'n 11~e presence o):
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Y'
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~ STATE OF FLORIDA, ~
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courrrv oF St. Lt~c is ~
I HEREBY CER7IFY that oa thu day. betore me. an
of~cer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowkdgments, personally appearcd
lliary L.Ra2mi~8 Demps
to me known to be the person described in and who executed the [oregoing instrument and ~e acknvwledged
before me that 8he executed the same.
WI'T~IESS my hand and official seal in the Counry and Statc last a(oresaid this latr dar of
~ ~tr~b~ A. D. 19 55
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- ."1' v • _L(_~!!...~~-----•- i
~ ~ ~ . ~Y'~Mk. Sb4 of Florida at latM,, ~
R D E D I My Coamission ~cpir•s Au
~ _ = F I L E D N U G R E C ~o.~~r~.~r~o.~ ?w. 7, 19s7.
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~ ll~iir` t , i~.:.::. C:_Ef1f~ - _ + ~ _ }
~ ST. ~UC;~ C~Ut~ i Y. - - = % . ~ _ - ~
j FLORIDA - - - ' ' ~
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~ ~ BOOK 141 ~.18 ~
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