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HomeMy WebLinkAbout0320 a~~ sha~~ per~orm, comp~y wilh ~nd a6~dp by eo~h and every fhe agreemenf~. stipu~ations, condifio?w ana covenants thereoj, and oJ 1ht~ morldage, then ttiis mor~page and fhe eslale here6y created, rhall cewe, de- terniine and he null and void. ~ the mortgagor he?e6y Jurthe~ couenants and agrees to pay promptly when due the prl~ctpal and interest and other suma oJ money pro~iclecl (or tn said note and this mortgage, or eUher: !o pay all and singu~ar Ihe taxes, assessmenfs, ~evies, ~iaGi~ilies, ob~igafions, anc~ encum6mnces ol every nature on sutcl pro- perty: to permtf, commit or sufjer no wacfe, impairment o~ c~elerio?ntion o~ said land or the improuements f{~ereon at nny fime: to ~ieep !he hui~c~tngs now or herea~ter on snie~ ~anc~ (u~~y insurec~ in a sum o~ not ~ess ftian - - ~ - ~ ~ - ~ - - - - - - - - - - - - - ~ - - in a company or companies acce~fable to Ihe mo?lflagee, the policy or policies fo 6c+ 1~eW 6y, and paya6le to. said mortgagee, and in t1~e event any sum oJ money 6ecomes paya6le 6y virlue o/ such tnswance tF~e morfgagee s~a~~ {~ave 1{?e rig~t to receive and apply the same to the inde6tedness F~ere6y secured, accounfing ' !o !he neorlgagor !or any surp~us: io ~,y all ros~s, charges, a?ic~ expensea, inc~tu~ing ~awyer s~ees an~ tit~e searches. ~~onably incurrecl or paid 6y the mo~fgagee 6ecause o/ the /ailure of fhe mortgagor !o prompfly and jully comply with the aflreements, stipulations, conditions and covenants o) said note and fhis mortgage. o~ either: to per~orm, comply with and a6ide 6y each anc~ eupry f{~e ag?eemenfs, stipu~ations, eonc~ifions nnc~ rn~enanfs set Jo~tti in aai~ note and fhis mortgage or eittier. /n I~e event the morfgagor ~ai~s !o pay when due any tax, assessment, insurance premium or other sum oJ money pnya6le by utrtue o~ said note and this morfgage, or eit/~er, the mortgagee may pay t~e same, wilf~ou! waiving or af Jecting Ihe opfion to ~orec~oae or any olher righ! ?~ereunder, and all such pnyments shall 6ea~ interest ~rom date Il~ereoj nt the hi9l~est lau~- jul rate tF~en allowecl 6y tl~e laws of Ihp Slate o~ Florida. ~L nnv sum oI monPy tiprein re~errntl to ~ no! nro:nptjy paic~ wif~in c,aya nexf a~ier I` the same becomes due. or i~ each und euery tl~e a~reements, sfipulalions, condifions and covenants o/ aaid i ~ note and t~is mortgage, or eilher, a~e not jully performed, complied wiif~ nnd abtded by, tf~en iRe eretire sum mentioned in said note, and this mortgagp, or t1~e e?ilire 6alance unpaid ihereon, shall /ortl~with or Il~erea~ter, at the option oj Ihe rtiortAagee. 6ecome und be due and pnya6le, anythtng in said note or herein to fhe cont~ary notu~ithstanclin~. Failure 6y ihe morlgo9ee to exen-ise any oj the ~igl~ls or options herein ( provic~ecl s~al~ not constilufe a wniu~r o~ any ?ig~fs or opfions uncjer said nofe or this mortgage aecrued or ; t~ereaf fe? accruing. ~ ~ ~1 i 1 ~ ~ . , "~Q`~ ZQR}=~,~'~`, ! _ ~c,~~r_:.. TFJ•':~ _ - ~g3'~: . - ' ~'~'",i~"j'~~'' ~ ~ ~ ' ~n ~~~I`~ 'W~~~ fF~e morfgaflor has caused these presents !o : ,.f. ~ 2% t•~'••N...• ~G~)1TE f~e execulec~ in i1s reame. and its co?porate seal to 6e hereunlo ceJ~sxed. by its ! '~~~~~i~~,r ~ 0'~~~~~`~~ ~ proper o~jice?s I~e?eunfo tluly aidhorized, the day anc~ year ~irst aboue wriiten. ~r+un~~~~t ~ I ATTEST ASSOCIATED..INNS-~---INC~tPdEtATED----------- ' • Secrr~~uy Signed, sealecl ancl delivered in i{~e presencp o~: - ~ 13y... . a~.~~~--.-~--~- 2~~-~---~--------------~ urtis L. I?leeks, P.~aM~ - . ! ~ ~~11tC O~ FLO~tiDA ~ounty Of a~c$ 1 FIERF.BY CERTII•Y Il~al on f1~is day. Ix~ore nr. an o((icrr dulr aull~oriz~ in Ibe Stn1~ wu~ ('ounly o~or~wid fo lalre ac~rnou~g- mrnls. pe~sorto~~y appeare~ CURTI S L• Dl~+iih7 ~ ' lh~ lion narrv~~ as u,dl L,.,~.~ ~o ~o t~ dW PrP~kn~ x~[ xci~kr d ,~v mortgogor in l~ jorrgoinp inslnunenl. and t~wf Ititr wtrra~~y oc~enoua~~ ~cw-~dinp Itie samr, in 1~r presrn~e o~ luo subseri6ing uilnrsxs. (rK~r and tv~unlwi~y un~~er nW~ority du~y trsf~ in I~wm br~qi~ cor{roralion arn~ fi~ot Itie val o((irvd Itivnlo is 1~ Inr cwpwntr fval n~ saia„~omwalion. 8~• y~ ~~~(1(/~j~?:CS mr I~un~ ~ 1~oand Stn1~ ~nst a~onwid Ilus day o/ I?larch ~ ~~~'.~.~t~rib. --~"--y-`- _ t ~ ~ . . - . , 2~ : ~Lo ~ ~g • ~ ' ~ ~ ? _ ~+~6 pP~ ~ 44545 - - - : v: : ~ : o ~ `~R~-- ---Notary Public . . ~ 1 ~ ~ ~ - _;r•~ii~a-~. C,~Y ; . , . ~E~ ~ ~ ~~uN . noSL'~~;~~,~.•`' RO ~UC OR~pA ~ My comraission expires: / •-..:,,~,,,,~.~El~otarial Sea~.) ~L ,S~ ~1$ O~ ° R ~43 r 31~ ; ~ 600K 2: v~=~,~ _ • " - _ ' _ _ . ~.:~-.a 4