HomeMy WebLinkAbout2101 and shall per~orm, comp~y witti and abic~e by each and ei~ery ths agreemenfs. sflpu~altons. c~onditio~s and
coaenunts ll~ereoj, and oj Ihis moHgage, fhen this mortgage nnd the estate here6y cronted, ahall c~sass. d~-
termine and 6e null and iwid.
~ the mortgagor ~en+by /ur~h.~ ~o~n~~s and ag~~ ~o por P.o~p~ly wl~en dw eh• ~n~t~I a.~d
interes! and ofher sunu o~ money pro~ided ~or In satd note and thia mortgage, or etther: to pay a~~ and
singu~ar the faxes, assessments, ~evies, liubilities, ob~igalioru, and encum6rnnees o~ every nafure on said pro-
perty; to permit, c~ommit o~ su(f
er no waste, impai?men! o? deterionatton oj satd ~and or fhe improvemeab
thereon af any fime: to lreep fhe but~dings now or 1?errajter on satd land ~u~~y insured in a aum o~ not less
i/~an
in a company or companies accrptable to tl~e moatgagee, the poltcy o~ policies to be held 6y, ~d pnyabl~
fo, said mortgagee. an~ in tha event any sum of money fiecomea ~,oya6l~ 6y vi~tue of suc~ insurance t~e
~nortgagee shall have the right to receive and apply the same to the inde6tednesa hereby secured, aocounti~9
fo tlee morlfla~~r !o~ anv surp~us: to pny a~~ costs, charges. and expense+. inc~udin9 ~nu~Ysri feea and tit~e
sparches, reasona6ly incarre~I o~ paid by f~e mortgagee because o` f~e ~ailure o~ i~e narlgaAor to pron~pt~y
and f ully comply witk the agreements, stipulations, condilions and c~ot~enanfs o/ satd note and thia mortgage.
or e~the~: to perjorm, comply witk and a6ide 6y each and euery !he agreeme~li, stipulatiorts, conditlons and
covenanfs set jorlh in sQid note and thts mortgage or either. /n Ihe event tke mortgago~ ja:u eo ~r when
due any tax, assessment, insurance premium or ot/~er sum o` money paya6le 6y virtue of snit~ note and thb
mortgnge, o~ eifher. the morfgagee may pay t~e same, without u~aiving or n~jecftng the option to Jorecjose
or any other righf I~ereunder, and all such payments shnll 6ear interest f
rom date thereo~ at t1~e higl~es! Iam-
~ul rate then allou~~i 6y ~hR laius o) tl~e Statp o~ Florida.
any sum of money ~erein ?e(errec, to be not promptly paic~ within t.tl~!'t3/ days next a~te?
1he snme 6ecomes due, or iJ each and e~~ery tl~e agreemenfs, stipulations, conditions und eovenants oj sntd
note and IRis mortgage, or eilher, a?e not Jully per/ormed, c~omp~iecl wi!{~ and abtded 6~, then tl~e enlire
sum mentioned in said note, and tF~is morfgnge, o~ th e entire balnnce unpnid t6ereon. shalj f
orthwith or
thereajter, at the option o) the mortgagee, 6eeome and be d~ w~d ~~61~, anytl~ing in said note or 1?erein
to t~e contrnry notwif~sfanding. Fai~ure by t~e morfgagee to exe~+ciae any o` f~e rights or optiona herein
~ provic~ec~ s~n~~ not constilute a waiver o~ any rig~fs or oplions under anid note or t~is mortgape accruec~ or
f~erealfer accruing.
~n ~~~~s ~h~~~~ the saicl morlgngor has I~ereunto sigrted nnc~ sealed tl~ese presents the
c~ay an~ yc~ar f
irsf ahove u•ritten. R~~
Signed, sea~ed ancl deliuer d in the presencp o):
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STATE OF FLORIDA, ~
COL*;VTY OF Lnci¢
I HEREBY CERTIFY that on t6is day, before me~ an
officcr duly authorized in the Stat~ a(oresaid and in the County a(oresaid to ut~ acknowledgmenb, personally appeared
Ji~a Yalker and Elsie i~alker
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to me known to b~ the person s described in and who eaecuted the [ongoing instrumrnt and ~ ~~~c~
before me that they executed the same. ' ~ - . ~ ,
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WIT1ESS my hand and official seal in the County and Statc last atoresaid this ~h 7~~~~ .j`~j~
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