HomeMy WebLinkAbout2002 and shall pe?(orm, comply with and a6ide by each and et~ery the agrre~enl:, sltpulations, conditioru ar~d
conenants Ihereo/, and o/ tl~is mortgage, tl~en this inortgage and the estats here6y crrated, sl~all cease, de- I
termine and 6e ni~ll and i~oid.
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Ti~ ttie moifgagor ~er~•by (urf{~er covenanls and agrees to pay promplly wlien due !he principal and
interest and other sums of money provided for in said note and Ihia mortgage, or either; to pay all and
sinflular tl~e ~axes, assessmenls, lei~ies, lia6ilities, o6ligations, and encumbronces o~ every nafure on aaid pro-
perly; lo permil, commif or suJ~er no waste, impQirment o~ deteriomlion o~ sntd lw~d o~ ftie improvements
tl~ereon at ar~y lime; to Ireep the 6uildings now o~ herEwjter on said Iand Jully insured in a swn o/ not ~ess ~
~hnn '1~iTI Tf~10 HIINDRSD d~ 00~100 DOLLARS
in a company or companies acceplab~e io !~e mortgagee, t~e po~icy o~ policies lo be held 6y, and payable
fo, sai~ morfgagee, anc~ in I~e evenf any sum of money ~eeomes pnyable by uirtue of such Insurance the
mortgagee s~al~ haae l~e rig~f to receive and apply the same to tl~e indebtedness l~ereby secured, accounling
to I~e ~nortga~or ~or nny surplus: fo pay a~I costs, c~a?ges, a~tt~ expenses, inc~?u~ing ~awyers fees and tit~e
searcties, reasonably inc~arncr or pai~ by f/~e mortgagea 6ecaute o~ 1{~e ~ailure o~ the morfgagor to promptly
and f ully cofiply u~ifl~ !{~e aQreeme?ifs, stipulations, conditions and covennnts of said note and tkis mortgnge.
or eiileer: to per(orm, romply u~ith and a6ide 6y each and every lhe agreements, stipulations, co~ditions and
covennnts set Jo~th in said note and this moMgage or either. ln the event t6e morfgaAor ja~ls to pay when
due any t4x, assessment, insurnnce premium or otl~er sum oJ ~oRey ~ya6l~ by virfue oj said note and this
mortgage, or eif{~er. lhe morlqage~ may pay fhe same, wifhouf waiving or a~~ecting i{~e option to ~oreclose
or any otl~er rigF~f hereunc~er, ancl aIl suc{~ payments sl~all 6ear interest /rom dute thereoj at t1~e l~ighest Iaw-
fu~ rate ttien ~Ilou~ecl I~y fI~P ~au~s oJ f~e $fafe o~ Floritja.
any sum o~ money herein re(errn~/ to 6e not prompt~y paic( wilhin ~1~1't~ c~oys next a~ter
ttie same becom~s c~ue, or if each and p~+ery tl~e agreements, slipu~afions, concritions and covenants of antcj
nofe ant~ this mortgage, or eilher, are not jully perjonnet~, eomp~ied urith and abrd~ by, then the entire
sum mentioned in saic~ note, and t~is mortgage, or the entire bn~ance unpaid therieon, ahall lortl~with or
thereajter, at tl~e option o/ the mortgagee, become and 6e due ant! payabje, anytl~ing in said note or l~erein
to the contrary nolwit/~s(anding. FailurP by f~e morlgagee to exerciae aRy of t~e rights or optfons {~ereirt
provicjerj shal~ not consfittrtp a wait+pr o~ any ri~~ls or oplions under soir~ note or ttiis mortgage nccruetj or
Ihere~u~t~r accruire~.
~n ~itness ~hereof~ tl~e said mortgaQor l~as hprnunto signed and sealed these presents tl~e
cJay an~ ypar jirsf ahone u~riffen.
Signe ~ sealed and elinerecl i ttie presence of :
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STATE OF FLORID4, ~
COL'NTY OF ST. IACIB ~
I HEREBY CER'TIFY that on this day, before me~ an ~
officer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, p~rsonally appeued
~LLIAM 0. GRS~T ar~d SLIZABSTH G~EN, his xife
to me known to b~ the penona described in and who ~xecuted the toregoinq instrument and ~e acknowltdged
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beforr me that ~e~ ex~cuted the same. ~ ~ ~
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~1ITNESS my hand and o(ficial seal in thc Counq• and Stat~ last atoresaid this , Z.^~t~_ ' .da~r o(
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