HomeMy WebLinkAbout1749 ~d shai! p~/o~m. comp~y wltf~ a.~d a6td. by ~h and every fi?~ agr~em~nb, stlpu~attoru. condltlona ond
c~o~~enants thereo~, and o/ thta mortgags. 1{~en t1~is n~ortg~gs and the e~tate I~.~.by cMatsc~, s?wU c~aae, d~-
termine and 6e null and votd.
~ the ~nortga9or i~eroby Jurti~e~ oovenanb and agroea to pay p~onptly wi~n du~ tl~ principal and
interest nnd ofher sums o~ money prouide~ lor tn scdd nofe antl f~ta ~no~tgage. or eit~K: to pny a~~ nnd
singu~ar t~e taxes, asaessments. ~evies, ~tabi~ities. o6~igaftona. and encumbrnnces o~ every naiurs on said pro-
peNy: to pernttt, commit or au~~er no waste. impnirment or dete~toratt~n o1 satd land or t~u improu~menb
thereon at nny time: to keep tl~e hui~ings now or tie?ea/te~ o~ satd bnd /ully tnaur~ !n a sum ol nof ~eu
eha~ the unpaid balance on the note .
in a company or eompaniea ac~ceplnb~e to fhe mortgagee. !he po~tcy or po~tcies to be he~ by, ~d ~xiya6l~
to, said mortgagee, and in the event any aum o( money becomea ~~xi61~ 6y nirtue o/ such insumnce the
mortgagee s~aU hous t{~e rig~t fo receive nnd npply the snn?e to tl~e inde6ledness l~ere6y secured. ac~counting
to the mortgagor /or any surplus: to paq a~~ costs, char+gea. and expenaea. inc~cu~ing ~aw~ i ~ees anc~ ttt~
aearches, ?easonnbly inctan~ed or patd 6y the moHgagee becuwe oj tbe /ailuro o/ t6e rnortgngor to promptly
and JuUy c~omply u~if~ the agreementa, atipu~attona. ~o.~d~eio~ ~d ~o~nwse, oj said note and tTiia n?oregaAe.
o~ eifher; fo per(orm, comply u~it1~ and abide 6y eacl~ and euery the ngreemenb. itipujattona. condttioru aru~
covennnts set /orth in aaid note ond tl~is mortgage or either. ln th~ event the moe~lgagor /aib to pay wben
due any tax, aisessment. insurance premiu?n or ot~~ sum o/ money paynble by nirtue of aaid note and t1~ii
mortgage. or either, the mortgagee may pay t~e same, without u~aiving or af~ecting t~e option to jw+ec~ose
or nny other right 6ereunder, and all such paymenta ahaU bear inter+est /rom dnte the~+eo/ at tbe 6igl~est Tnu~-
~u[ rate then nlbwed by el~e lnws oj the State o/ Flor~da
i` any sum oj money herein re(en~ed to ~ie not prnmptly pa~ within 3~ c~aya next n~ter
t1~e same 6ec~omes due, or i~ eacl~ and every !he agreements, stipu~ations, conditions and covenanb oj said
note ~d :h~s mortgage, or either, are not jally ~~ormed, comp~isd with and a6td~d by, tl~en the enttre
sum mentioned in said note, and thu mortgage, or the entine babnce unpaid tl~ene~n, sF~aU Eorthu~ith or
thereajter, at the option o/ the mortgagee, 6ecome and be due nnd papable, anything tn said note or herein
to the rnntnary notwillutanding. Failure 6y t~e mo?tg agee to exencise nny o~ the ?ig~its or optiona herein
provided shall not constifute a u~aiver o( any rights or oplions under said note o~ t~ta mortgnge ac~.TUed or
t~erenjter accruing.
~n ~~Lll~ ~~~1~ fhe said morfgagor has hereunto signed and sealed these presents fhe
day and year ~irst above wriflen.
Sig e. sealed and del' red in presence o~:
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~ FILEO AND RECORDED~ EDITH J. ItHED
----~------------------ST: -Lt!£~-E--CallNZY,. FLA.
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; '68 APR 25 PN ~ : 33.
`~.0
~ I ' O:~lit i't~ITR:,S
; I STATE OF FLO~R1I c~f,~ T COURT
~ COU:~TY OF :AT~Nl LUI~~
~ ~ I HEREBY CERTIFY that oo t6is day. bdon me. aa
~ officer duly authorized in the State a[oresaid and in the County aforesaid to tak~ acknowledgments, penonally appearcd
~ j WILLIAM H. REED and EDITH J. REED, his wife
; to me known to be the penon d~scribed in and who executed the forrgoing imtrument and they acknowkdsed
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~ ~ beforc me that they executed the same. ~
~ ~ WITNESS my hand and o[~cial seal in the County and Statc last aforesaid this '~jt~1 day of
g
! ~ •~s~,A~~~ A. D. 196H
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! -..f;, ~c• 4 My Commission Expires:
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~ " ~ = ~ Pi~tary iu~'~:, 5.~?~. : :.t C~:y^C
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' ' • ' ' 1~1, 1969
~ . ~ ` : biy Comr.i:ssion Expssas lu.y
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