HomeMy WebLinkAbout0350 and sl~nl! per(orm, comply witk and a6ide 6y eqch and eaery the agreemvnb, •ttpulatio~u, condittona and
c~ovenanls thereo/, and oj this mortgage, then t1~la morlgage and tl~s eatate h.nby ~~ad, aha[l c~eas~, d~-
termine ancl be null an~I void.
T1111[ the mo~lgago~ hen+by (urtl~er co~enants and ngrees to pay promFily wl~en due tl~~ pNncipal and
inferest and otl~er sums o~ mo~ey pronided /o~ in said nofe and tkis mortgape. or slt~er: to pay nl~ and
singu~ar tl~e taxes, assessmenfs, jevtes, lin~iilities. objtg4tton.t, and encumb~cw o~ every natura on satd pro-
perty; fo pe~mit, commit or su~le~ no wasfe, ImpQtrmenf or deleHor+ntton of aaid ~and or the improvernen4
Il~ereon at any ftme; to k~ep the butldinga now or leerro~fe~ on aatd Iund jully inture~I in a stun oj not ~es~
~han FIVS THOUSAND ~ 04/100 DOLIJIRS
in a compony or compantes acceptab~e lo !he mortgagee, Ihe po~icy o~ po~iNes eo 6e keld 6y, n???d ~xi~xibb
to, saic~ morfgagee, and in tl~e event any sum of money becomes ~xiya6t~ 6y ntrtue of iuc~ insu~nce th~
mortgagee shall haue the right lo receive and npply the sn?ne fo tke tnde6tedness here6y secured, aecounting
to Ihe morfgapo~ jo~ any swplus; to pny a~~ cosfs, chnrges. and expenses. including lawyers fees nnd title
searc~es, reasona6ly ~n~~~?.~1 or ~td 6y tl~e mortgagee because o~ fhe ~ailure o` tl~e nnortgagor to promplhr
and jully comply wit~i t~e agreements, stFpujatio~s, conclittona oncj eovenants o~ satcl no~e and thtt rrtortgQge.
o~ eilher; to per~orm, comply with and abide 6y each and every the agt+eeme.tb. rtlpulultont, candlfloru and
rnuenants se! jorfh in said nofe and this mo~fgage or eit~er. In t~e even! ftie morfgago~ ~ai~s to poy when
due ony tax, nssessment, tnsurance preineu+n or a11~er ~urn o/ money payable 6y virtue of said note and tftL
~ ~nor~gage, or ei!l~er, t{~e inortgagee moy poy the same, wtthout watving or ujfecting fhe option to ~orec~ose
or any otl~er rigl~t 1?ereunder, and all such payments sl~all 6ear intereat from date thereo/ at the higl~est law-
f ul rafe then allowecl 6y the la~us o( the Sfate oj Florida.
ony sum oj money here:n rejerrec~ to Eie noi prompl~y paic~ wiftiin thirty c~ays nex! a~ter
..t~c susne brs~m~s dcse, Qr Ff snrl~ Qn~! e~~pry ~bn nr~rnements. siinul~liorts, ronditiona and covennnb oj :aid
note and this mortgage, or eitl~er, are not /ully per(ormed, oomplted witi~ and abtded 6y, then tke enline
swn mentioned in snid note, and thts mortgage, or the entire 6alance unpaid tl~ereon, slwll jorthwith or
t~ereajte~, at the option o~ t1~e mortgagee. become nnd be due and papa6le, unything in saitl note c~r hereia
fo tf~e contrary notu~itl~fandin9. Failwe 6y the morteagee to exe~ire anr o~ t~e rtghts o~ options he?ein
providec~ s~ia~~ not constifute n waiver of any riq~ils or options uncler aaic~ note or [hia mo?tgape acerued or
1~ereajlrr accruing.
~n ~itness ~hereoF~ t~ip saic~ morfgagor 6as her+eunto signed and aealed lhese preie~ts tl~e
day an~ year jirst afiove wriffen.
Signecl, sealecl Qnd deline~rc~ rn the presence oj: ~
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STATE OF FLORIDA. ~
COU.'V1'Y OF ST. IACI$
i HEREBY CERTIFY t6at on thia day. befon me~ an
oificet duly authorized in the Stat~ aforesaid and in the County aforesaid to wkt ackaowkdgmenu, pcrtomllq appeared ~
A~Q~~ $~t~i I
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to me known to be the person described in and who executed the foregoinq instrument and acknowkdaed j
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before me that executed the same,
~ WITNESS my hand and ot(icial seal in the County and State last aforcsaid this ~~j i~ day of
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j _ ~ A. D. 19
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L :G,• IN_ N RE~pRp Notary pubr;c, S'.ate o} F o•:,~~ ~
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• ~~`L ? = . A!y Com,~ >s or, ~x^:r:^ i 1?bQ
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Ut ~ nA~, CLE~c'
sr. ~~c~E CeuNTY.
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