HomeMy WebLinkAbout0551 and shall pe~o?m, c~omply with und a6id~ br eoch and ewnr t1~ opros+n~nb, atipulattoRS, condttto~a and
c~orenanb fkerooj, aru~ oj f1~ia mortgoge, then t~b mortgoge and ths estat~ ~.~+.6y a~.~.d. a~ osas~.
te?mine a?u1 be null and void.
~fld tbe mortgago? he?e6r jurther oovenanli nnd og~ws to pay pron~pt[y wl~en dw tlw princtpn! and
Q~fereat nrtd ofher ~ums o( money proaided jor tn iatd nole ancl this mortgap~. or Ntk~?: to pay au ana
stngu~ar ttie faxes. nssessments. ~evies, lta6ilities, ob~tgaflont. nnd encumbnanees o~ ~w~r natun o?t snid pro-
perty; fo perniit, oommif or auf~e? no wwte, im~wirment or def~riwntion o~ idd ~and or fhe tmprowrnenb
ltierron at any lime; to 4eep Ihe 6uild~nga now or herrajler on said ~and ~uUy Insurta in a swn o~ not ~eaa
than
in u eompany or c»nyxinies acoepta6le to the mo?tgages, tke polQc~r or ooltciei to be held 6y, ared pnpa6l~
to, aaid nartgagee, and :n the enent any aum oj money 6eoomes ~~61s 6y vtrtw oj sucl~ tnsuronc~ tk~
morlgagee s}.nU l~ove tke rigl~t to reoeine and apply !he same to tlie in.ae6ead,~ i~.~by s~~„~d. nc~ounting
fo tke rnortgogor j~ ~r .~I~.,: to pa~r aU owtt. c1~ar8ea, and experuei. inc~uding ~aw~~s jeea and tlt~e
aeanches, remona6ly incun~ed or pnid 6y the ~norfgagee becuuse of !~e `ai~un o~ tke wwrfgagor to prompt~y
and ~uUy c~omply wilh tl~e agreeneentt. afipu~uttons, eondittona anc~ c~ovenanb oJ satd nots and tl~ia ri+or[gag~.
or etther: to perform, camply witlt and abide 6y eac6 and every the agroemer~b, stipulattoru. cbndltiona and
eovenanb aet ~orth in said note nncl t~ia mortgage or eith~r. In tke even! the nwrtg~or ~ailt to pay u~ken
d~e w?y e~, asaessme~t. Iriauranos premium or of~er sum oj ~w.~e~r ~~6[e by nirtue of sald nofe and t~la
~nortgage. or either. t1~e mortgagee may puy the saine, without wniving or ajJscting ehe optton to /oroclose
o? any oti~er nigl~t hereunder, and aU suck pnymenb ahaU 6ear intereat /rom date tl~ereo( at tlw highest Iaw-
~ul nnte then allowed 6y 1he Iows oj tl~e State o/ FTaida
~L nny sum o1 money 1~erein reJ~d ~o be noe p~pely ~d within t h f Zty c~aya next a~fer
flee same beeomes due, or if each and every tlee agreerreents, stipu~nttoru, coreditiona and eovenanb oj said -
note and ti~s mortgnge, or eit6er, a~+e not (ul[y ~Jormed, oomplted witb and a6tdad 6y, tlten the enti?e
sum mentto~eed in said note, nnd t/ua mortgage. or the ontine bajnnot unpnid t~ereon. s/~aU ~athu~it~ or ~
the~ea~ter, nt the option of the mortgngee, beoome nnd 6e dus and paynbb, anyt/~ing in aatd note or Iwrein ~
fo fhe c~ontrary notwtt~standing. Fatlwg by el~e niortgagee to exencise any o~ the rtg~its or opttons heretn
provided ahaU not oonstifute a waiver o~ nny rtg~b or opftona Lnder saic~ note or tTib mortgaee oocrued or
f/~e?+euJter accruing.
~n ~IIC[[V`~ Itie satd ~9o9or k~ ~ereunto aigned ancl sea~ theae proi~nb t~e ~
dny and qear ~irst nbove written. ~
;
~ +
~ ign , senled and e'ver+ed n the presence o):
I ~ - - . !
. JR f
- - - - -
. - PATSY J . N
,
,
STATE OF FLORIDA~ ~
cou2v~rv oF S? . LUC IB
I HEREBY CERTIFY t6it on t6is day, before me, an
officer duly authoriud in the State aforesaid aed in the Counry aforesaid to takc acknowled~neatt, persona!!r appeared
ROLAND L. MACON, JR. AND PA2SY J. MACON
~ to me known to be t6e penoa$ dexribed ia and who executed the foregoirg instrument aad they a~~?~6~
~ ~[ore ~ ~c they ~~uc~a
~ WITNESS my 6and and official seal in the Counq and State last aforaaid t6is 2nd ~
Apt31 A. D. 1~6 t G f~~~y.
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