HomeMy WebLinkAbout2178 and shall perJorm, comply wi~h and a6ide 6y each and ei~ery the agreements, slipulatior~s, conditiona and
covenanfs thereo(, and oJ this mo~tgage, then fhis mwt9uge and the estate 1~ereby created, shall ceate. c~s-
te?mine and 6e null and roid.
~nd t?~e mortgagor hereby Ju~lher covenanls and agreet fo pay promplly when due Ihe principal and
inferest anc~ other sums o( ~noney provided jor in suic~ nofe nn~ fhts mortgnge, or eif~ier; to pay a~j anc~
sinflula~ tl~e fa.res, assessments, Iei~ies, liabilities, obligations, and encumbr+ances o~ eaery nafure on safd pro-
perly: to permil, commit or su(~er no wasle, impairment or de~eriorafion o/ sa~d ~«~d or tlte tmprovements
tbereon at any time; IO ~PPp Ihl~ but~dings now or herenfter o~ ~aid Iend ~ully iruured in a sum oj not leas,
rhan THIRIT FIYS THuD3AND de 00/100 DOS.LARS
in a corr~pany or companies a~cPpta6le 1o Ibe mortgngee, the poltcy or policies to 6e held 6y, a.?d ~xiyabl~
fo, saic~ morfgagpe, an~ in the ei~ent any sum o( money bec~omea ~~xibt~ 6y vi?!ue oJ such insurance t~e
mor!gagee 3lIpII RAt~Q thP right b receii~e and npply tl~e aame to !he inde6tedness here6y aecured, accounting
fo the mortga{~or ~or any surplus: fo pay a~~ costs, c~arges, ane~ expenses, inc~ucjing ~au~yera ~eea ane~ t1t~e
searches. reasona6ly incurre~ or poic~ hy t{~e morfgagee 6ecause oJ !~e fat~ure o~ !he mo~tgagor fo promptly
a~c~ ~u~~y complp u+i1F~ fl~e agre~menls, stipu~alions, conc~ilions ancj rnvennnts o~ saie~ note and t~ia morlgage.
or eif~er; to perforn~, complp «~ith ancr ubide 6y each and every the ag~eements, stipulations, c~onditio?u and
covennnfs set jorth in said nofe and this mortgage or either. In the event the neortgagor faila to pay ~uhen
due any tax, assessmen(, insura?ice premium or ofJ~er sum o/ money pnyable 6y vlrtue oJ said note and ~his
mortgage, or eif~er, fhe mortgac~ee may pay t~e sorne, withoul watving or e~~ecting t{~e option to ~oreclose
or any other ri~bt 1eprPeir:d~r, and ull su~h poyments shall 6ear interest (rom date thereoJ at the highest law-
~ul raJe fhen allou~ed by t{~e lau~s oJ Ihe Sfafe oJ Florida.
Di any sum o~ mor~ey herein re~nrra~ fo 6e not promplly paid within ~I~.T'~31 daya next a~te~
f~e same becom~s ~ilP, or i~ eac{~ Q7i~ Pl~pn` I~P Qg7@PMB/1IS, stipu~afions, conditions and couenants o~ salt~
»ote and tleis mo~fgaQn, or either, are not Jully perJormed, c~omplied u~ith and a6~d~d 6y, tl~en ti~e enlire
sum mentioned in said note, and tl~is morlgnge, or !he enti?e 6nlartce unpnid thereon, shall foMl~u~ith or
tF~ereajter, at the option oj the mortgngee, become nnd 6e due nnd po~ra6le, anytl~ing in anid note or I~eretn
to t~re rontrary notu•ifF~siaricling. Failure 6y the morfgagee to exencise any oJ t~e righta or opNont ~erein
providec~ s~a~~ not constitule a waivpr oj nny rig~ls or opfions unc~er snicr nofe or t~iis r?lortgage accrued or
t~ereajter ~ccruin{~.
~n ~~lli~s ~h~~`~ the said mortpaqor hns hereunto signed and sealed these pr+esents the
c~ay anc~ year (irst ahove wrilfen.
$i ne se an t~e 'verc~c( e presence o~:
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STATE OF FLORIDA, ~
COL'NTY OF ST. I~.I~a
I HEREBY CERTIFY that on this day, beforc me, an
officer duly authorized in the Stat~ a(oresaid and in the County aforesaid to w~~ ackaowledgments, personally appeared
F. GORDIC and MERYL H. GORDI, hia ~rife ~
to mc known to b~ thc pcrson s described in and who executed the (orcgoing insuument and ~ey acknowledged
be(ore me that t~, ex~cuted the same. ~
t
WITNESS my hand ar~d offecial seal in the County and Statr last aforesaid this J ~ day of
i;~ AQ~1 A. D. !9 ~
C~ `zc)~.~~
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~ `S ~ - FIORIDA
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B~ox142 372
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