HomeMy WebLinkAbout2861 and ahall pe?(am, eomply wtth and a6ide 6r encl~ and every the agreemvnb, stipulations, condttioru and
~c~~zas~ls l~rrra~, and Q~ i~~: mc+rlg~gs. Iban t~?t~ mortaaae and fhe s:late hereby c~atec~, shaU ceass. cla-
tennlne and 6e null and ~roid. '
~ Il~p mortgagor hen+6y jurlher oouenants and agrees to pay promptly wheR dw tl~e princtpal and
tnteresf and oll~er aums o( money provided (or in salc~ nofe and lhta rreortgage, or s1t/~er; fo pay a~~ nnd
singula~ the taxes, wsessmenfs, Ie~tes. [ta6iltetes, o6[igaltons, and encum6mnces o~ every nature on ~nid pro-
pe?ty: to permtt. oomm~t or suj/er no u~cule, impairmenl or deteriorntion o` satcl ~and or t{~e irnprouemenls
fherron w! any ttme: fo keep !he 6uildings now or hert?ajter on satd land ~ul~y insur+ec~ in a sum oj not ~ess
e1~on $15~000.00 fira end axtendad covera~e
in a company or rnmpanies nc~cepla6le to the morfgagee, !he poltcy or poltcies l0 6e held by. ~d ~ya6[e ~
to, said moMpagee, and in the euent any su?n o/ money 6ecomes ~ya6l~ 6y virlue o/ suc1~ insuranct tl~e
mortgagee s~a~~ {~ove !he rigl~f to receive ancr apply t~e same to !~e In~ebte~ness hereby se~.vre~/, ac~rounfing
fo ftie morigagor ~o~ any aurplus: to pay aII costa, cl~argea, Qncl expensea, inc[uding ~awyer a(eea n?u/ tif~e
searc~?es, reasonnbly incurred or paid by 1he mortgagee because o~ !he `ai~ure of t~e rnorfgagor eo ~,?~rir ~
and fullq comply wilh fhe agreemenls, sfipu~ntions, candittons and eoue~eareta oj said aote and e1~ia mortgage,
or sither; Io pe~orm, comply wit1~ and abide by each ared eyery ttie agreamenls. stipu~attons. conditiona and ~
oovenan~a set Jorfh tn said ~eote and thta mortgage or eitker. In the event the mortga9or ~atls to pay wl~en t
due ar~y Iax, essessment, insur4nce premtum or othe~ aum o' monep poya6le 6y virtue of said note and t~b
mortga8e, o~ eit~er. Ihe morfgagee may pay t{~e same, without ~uaiving or af~ecfing fhe optton fo Joreclose
or any other rigl~t hereunder, and all such payments shall bear intereat Jrom date thereoj at the highest bw-
~ f ul ?ate then allowed 6y ~6e Iaws o( t6e State oJ Flortda.
7l any sum o~ money ~erein re(erred to 6e not promptly paid within "10~ tlays next a~ter
t~e aame becomes c~ue, o~ t~ euch anc~ every t~e agreements, stipu~ations, conc~tfions and co~enants o) sa1c~
note and Ihis mortgnge, or eilher, are not jaiiy ~~ormed, compUed witf~ and a6ided 6~r, t~?Qn ifi~ ~ntt~ ~
sum ment[oned in said note, and ~his mo?tgage, or the entire 6n[nnce unpoid ther~eon, s/iaU ~orthu~ith or ~
therea(ter, at fhe optFon o( the mortgagee, 6ecome and be due and po~rab[e, anything in sntd nots w/~eretn f
to t~ie contrary notwif~istancling. Fa~iw~ 6y ~be mo?tgage,e to exer+cise any o~ ihe rig/~fa or optfons herefn
provided shall not constifufe a waiuer o~ any rig~ils or options u?u~er saicr nofe or thfs rnorlgage accrued or ~
IhereaJter accruing. ~
~n ~~~1`~ ~~i~ the said mortgagor has I~eieunto signed and sealed t{~eae presents tl~e
day and year ~t?sf above u~ritten.
Signed, seoled and delivered in the presence oj:
~c?---------....------~--^------------._.....- ~~~"Q'~.'.-
~ . .
~ . _
~ -~-1 -----.-~-..._,...-~.-~,r,.,,:.~.,..,~------...-----._.~ .
!
.
;
~
,
.
1
,
STATE OF FLORIDA. ~
COUNTY OF L~I$ ~
I HEREBY CER?IFY that on this day~ txtore me, an
~ officer duly authoriud io the $tate a(oresaid and in the County atoresaid to tak~ ncknowJedgments, personaUy appeared
~ Charles V. Padrick, Jr. and Beasie C. Padrick, his wife
~ to me k~wwn to be the person S described in and who executed the forcgoing instrument ~~a they actnowkdged
~ be(ore .me that they executed the same. ~
F
~ WITNESS my hand and o([icial seal in the County and Statc last aforeuid thu bth day of
~ Jnne w. n. ~966.
. r .
.
Notar Public, Sta?te of Florida a
! FI~EO AND RECORDED Large. My commission expires:
~ ST. WCIE COUNTY. FLA.
RECORD VERI ED VCib
< < . y+ G~ , .
~ : ~ ~ .
E6 g AM ` ~ : 2 ' ~ ~ ~
~ 'o X:~ Q h ~
145~50 : =-r 4~" ~
. t:UJC~~ f-i.I~ I RhS f~• i
Q y,-
, i . '
CLEFcK CIRCUtT COURT ~ ' -
' . ~J r.~
' ~i!
.
aooK 14~' 459 , :
x~ _ ~ - - . _
~h~~~ . - x~~=-
~