HomeMy WebLinkAbout2328 nnd sl~all perjorm, comply u~ilh and a6ide by each and every fhe agreements, stipulalions, co~diti~ns and
covenants ii~ereoj. ~nd oJ this mort~a~e, Ihen this morf~age. and the estate I~ere6y created, sholl cease, de-
fe?min~ ancl I~e null anc~ nuic~.
Iin~ fhe mortga~or ~~errhy (u?the~ covenants and agrees fo pay prompt~y w{~en c~ue !he principa~ and
infernsl an~ oftier sums oJ money prot~icretr Jor in sai~ nofe and t~is mortgage, or eit{~er: to pay nlI and
sin~ular tl~~ fax~s, assessmenls, lenies. Iiabili?ies, obli~alions, and encum6?ances of every nature on said pro-
perty: fo permil, commif or su~jer no u~asfe, impairmenl o? ~eferiomlion oj saic~ ~and o~ the improvements
ihereon ~I any iim~: to ~PPn IIIP buildin~s nou~ or herea~le~ on said land Jully insured in a sum o~ not less
f~nn
in a company or companic~s QCCPpIUOIB fo t{ie mortgagee. fhe po~icy or po~icies fo 6e held 6y, ane~ payab~e
to, said mortf~aye~, and in Ihe event any sum oJ mon~y 6ecomes paya6le 6y ~irtue oj such insurance ihe
morl~a~~e shall ha~~e Ilie ri~ht fo receive an~I apply Ihe same b the inde6ledness 1~ereby secured, accounting
to i{~e mortga~or (or any surplus; !o pay ~U costs, charges, and expenses, inc~uding lawyer s jees ancl ttt~e
sear+ches, reasona6ly inc~~rretl or paid 6y the mortga~ee because o~ t{~e ~ai~ure o~ t~e mortgagor fo h-ompt~y
and /u~~y comply u~ith fl~e a~reemenfs, slipu~alions, conc~ilions ancr covenanfs oJ sai~ note anc~ f~is mortgage.
or eifher, fo perform, comply u~itl~ and a6ide 6y each and every the agreements, sfipulations, conditions ancl
conenants set jorth in said note and this morlgage or either. (n Ihe event the mortgngor (ails to pny when
due nny lax, nssessment, ins~aance premium ar other sum of money paya6le by vi~tue of saic~ note and this
morfgage, or either. I~~e morlc~ac~ee may pay the same, wit{~ouf wai~~ing or a~fecting f{~e opfion to ~oreclose
or any other right I~ereunder, and all such pnyments shall bear interest jrom date thereo( at Ihe highest law-
(u~ rale then allou~ed bv tli~ lau~s oj the State of F~orida.
any sum oj money herein re(errecr to be not promptly paicl within c~ays next a~ler
f~e snme ~c~com~s cru~, or i~ eac~~ an~ erery fl~e agreements, stipu~afions. conc~itions nnt~ eouenanls o~ said
note ant~ this mortg~g~. or ~ilher, ~r~ riot ~ully perJormed, complied wifh anc~ a6~ded by, !{~en tlte entire
sum mentionec~ in said nole, nnd this morlgage, or thp entire balance unpaid !?~ereon, shall ~orthwith or
(I~erea(ler, at the option oJ the mortga~c~e. 6ecome and be clue and paya6je, anything in said note or ~erein
fo Ihe contrary nolinithsfanding. Fai~ure 6y thp inortgn,qee fo exer+cise any o~ !{~e rig~its or options ~teretn
~ pro~~u MI s~~a~~ nof constilul~ a inaiv~r o~ any ri~~ts or options un~er sai~ nofe or t~is morfgage accniec~ or
t~~cfirAfl~r a~-cruing-
~n ~itness ~hereof~ Il~e said mortgagor hns hereunto si~necl and sealec~ IF~ese presents the
cray mu~ year ~irsf n~~o~~~ ~vritfen. j
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, STATE OF FLORIDA, ~ .
COti~TY (1F S'~.~--LUG~B ~ _ ~ ~ r , ~ S
I IiEREBY CERTIFY that on this day, be[ore me, an ~
~ officer dul~• authorized in the Statc aforesaid a~d in the Count~• afon•said to takr acknowledgments, p~rsonaily appeared ~ ~
~ I t
I ACCI$ COBB and LOUISB V. COBB ~
~ to mi• known to br• the prrsonS described in and who e~ecuted the [oreQOinQ instrument and they acknowledged
~ beforr me that they ~xec~«d the same.
r i ~~'IT1~ES5 m~• hand and official seal in th~ County and Statc last a(oresaid this 26th dsy o[ .
( A. D. 19 68. _ ; „ ~
February ` - • ~ ~
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~ l FILED AND RECORDEO~ . c..~...__.::---------------- =1t..r':.~:~::'~..
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- S7. ~UCIE COUtJTY~FLA. ~
' f~: f~ ~,r:,~r.•_ p . v;
~ . ki : .,.;a ~c_ ~rARGE .l 0 : ~
~ MY GO,.: , 26;
~1968 .
rG~ ~ ^ ~t
3 : 36 o,~ST~~~..... ~ I
'68 MaR 4 PM .o~oEO . . ~ :
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164922 ~ ~~i~~......,.
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~ ::~~:~F- ~~c.s {
~ ~I CLERK CIRCUIT COURT i .
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