HomeMy WebLinkAbout1146 ! and shall p~tJorm, comp~y wifh ana abic~e 6y each and e~~ery f~e agreements, slipu~altons, condttio?u ar~
i coi~enants Iher~wj, and of Ihts mo?tgage, tl~~n Ihis mwtgage and the eslate l~are6y creatatl, shal~ cease, dt-
termine an~ ~e nu~~ anc~ i~oic{.
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tlie mortganor hera6y ~u~the~ covenants and agreea to pay promplly whe~ due the prtncipnl and
interrst nnd ot~er sums o~ money provi~etl ~or tn saic~ note n~t~ fh~a morfgage. or elther; fo pay a~~ anc~
singul~~ Ihe IACPS, assess?+ienls, IPL~IPS, lia6ilities, o6[ipations, and encum6ronces o~ every nafurs on said pro-
~ periy; fo permit, rnmmif or su~f
er no waste, impairment or c~eterio~iion o~ said ~and or Ihe improvements
~ thPreon at any time: to ~PPP IIIP 6uildin~s now or hereajler on satd land ~ully insured in a sum oj not les~
~?~aR the prinoipal aaouat of this ~ort~ga p
~ in a company or c~ompani~s accrpla6le to Ihe mortgagee, t e pgo tcy or policies to 6e held 6y, and paya6le
~ fo, sai~ mortnagee, an~ in Ihe event any sum of money becomos ~ya6t~ by virfue o~ such inswance the
~ morl~a,ry~e shal~ f~ai~e t~p riflf~t to re~ceive and apply !he same to the indebfedness here6y secured, accounting
iu iS~r iiiuiifjuflul ;ui ui~ti ~i!l~iiiu: tv jiuj% iil~ avSib. Cliii:~cS, a'fitt~ 'e'Xj1€:i~.3. ~TiC~i:~~t3g ~t2iL'jFTS ~2E'S CI2'~ ~~~~9 -
searches, reasona6ly innared or paid 6y t{~e mortgagee 6ecause o~ t~e lai~ure oJ the mortgugor fo prompt~y
ancr (u~~y comply tuit6 fhp aflreements, sfipu~atio~s. rnn~itions anc~ eovenonts o( saie~ note and fhts morfgage.
~i or eit/~er; fo perform, comply wi~h and abide 6y each and euery the ag~ements, stipu~ations, conc~itions and
covpnanfs set Jorlh in said note and this mo~tgage or either. ln tl?e event the moeigagor fails to pay when
j~ due any tax, assessmenl, insurance premium or olhe~ sum oj money payable by vi?tue o~ said note and tl~is
morfgage, or eiftier, I~~e morfgagee may pny fhe same, wifhout u~aiuing o~ a~f
ectirtg !he option to ~o?eclose
' o~ any oll~er rigl~t hereuader, and all such payments shall 6ear interest jrom date Ihereo/ at the highest Iau~-
i~ ~u~ rnte f1~~n a~~o~uer~ hp f1~e ~aurs oJ Ihe $lale o~ F~orl~a.
~l any sum of money lierein re(erred to be not promptly pnid withi~ t~ daya next a/ter
iI the same hecomes due, or if each and every tF~e agreements, slipulations. condilionrst~a~nd covenants oj said
note and Il~is mo~tga~e. or eilher, are no! (ully perJoimed, complied u~ith and abtdPd 6y, ihen t1~e enti?e
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sum mentioned in said nole, and lhis mortgage, or the entire balance unpaid ther+eon, sha~l ~orthwilh o~
t~ereaJter, al Iti~ opfion of f~e mortga~ee. 6ec~ome and be due and pnya6le, anyihing in suid note or he?+ein
~ fo Ihe conlrary notwithstanclinfl. Failure 6y the mortgagee fo exer+cise any of the righfs or opltoru her~ein
~ pronicle~I sha~~ not consiitufe a waivpr oj any rig~ls or opfions under said nole or f~is mo~fgage accrued or
! t~ernafler accrui?ig.
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Ci Dn ~~Lll~s f~~P saic~ mortgagor has I~ereunto signecl ancl sealec~ theae presenis t~e
I~ ~ay an~ pear Jirsf ahore ~n~iften. i
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Signed. sealed and de~inere~l in !he pr~sence of : '
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~ STATE OF FLORIDA.
' ~oL•~~ ~F s~. I+IIOI$ ~
I I HEREBY CE1lTIFY that on thu day, before me~ an
officer duly authorized in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgments~ personally appearcd
pHIL p~BL ~
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to m~ known to be the person dcscribed in and who executed the forcgoinq instrument and hg ack~awkd6ed
be(orc mc that he ~xccuted the same. ~ ~
WIT\ESS my hand and olGcial xal in the County and State last aforesaid this ~ 1}'t]1 day of i ~
3eptember A. D. 19 66
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Not Public, State o! Florida
~ FILEO ANO RECORDED ~t ge.
: ST. ~UC:~ C~UNTY. FLA. Hy Oommiesion SYpireB: 11/28/66
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gooKi54 _ 546
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