HomeMy WebLinkAbout0785 and shn11 perjorm, comply with und abida 6y eoch and every tl?e ag?eamenls, stipulattons, conditiores esnd
covenants Il~ereo~, and oj this mortgnge, then tl~is mortgage and tl~e estnte h~.by croated, s1~nU ceass. d~-
termine and be null and ~wid.
~ the mort9agor hew6y jurther covenants and agreea to pay promptly when dw th~ prtncipn! and
interest and other sums of money provtdec~ lor in said note and this mortgnge, or eithar; to puy a~~ and
aingu~ar t{~e faees, assessmenfs. ~eviea, ~ta6Q~ities. ob~igations, and encumbmrtces oj every nature on saial pro-
perty: fo permtt, commtt or au~~e~ no waste, impai~ment or dete~iorution oj sa~d land or ihe ietprovemenb
thereon at any ttme; to keep the buildings now or herea/ter on said land Jully insu?~ed in n sum oj not less
ihQn full insuacable value
in n company or rnmpanies aeceptable !o tl?e mortgagee. fke po~icy o~ po~tcies to 6e held by, and payabls
to, said mortgagee, and in the euent any sum o/ money 6ecomes ~ya6l~ by virtue oj such insunance the
mo?tgagee shall have the right to recetve and apply the same to tl~e ~nde6t•dness here6y secared, acYaounttng
to 16e mortgagor (or anq surplus: to ~xiy all ~osa, charges. and expensc~s. inc~r.~ing ~au~yers ~ses and fit~e
seae~ches, reasonably incurred or pntd by tl~e mortgagee 6ecause oJ the jailure o( the r~wrtgagor to promptly ~
and ~ully comply with t6e ng?eemenls, stipulations, conditioru nnd ces~nanta oj said note and this mortgag~.
or eilher; to per~orm, comply with and a6ide 6y each and every fhe agreements. stipujatio?u, conditions and
covenanfs set ~orth in said note nnd t/~is mortgage or elfher. In the e~ent the mo?tgagw ~ai~a to pay when
due nny tax, assessment, insurance premium or ot~er sum oj money paya6le 6y virtue oE snid nolt and thia
mortgage. o~ eifher, the mortgage!? may pay fl~e same, wit{?out waiving or a~~ecttng the option to ~o?ec~o~se
or uny other rigl~t hereunder, and all such paymenta shall 6ea~ interest Jrorn date thereof at Ihe highest lnw-
(uI mfe then allowed 6y t6e laws of the State o~ Florida.
any sum o~ money herein re~errec~ lo ~ie not poomptjy paicl within $0 cluys next ajter
the same 6ecomes due, or i~ each ancj euery the agreements, st~pu~ations, conditiona anct eovenants oj saitj
note und Ihis mortgage, or eitl~er, are not )ully perf
ornted, complied with and abtded 6y, t1~en the entire
sum mentioned In said note. nnd this mortgage, or the entire ba~ance unpaid thereon, ahoU forthwitl~ or
t~erea~ter. at fhe option of !he mortgagee. 6ecome w~d bg d~ ~d ~yab[e, anqt~ing in sait~ note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exer+cise any oj the righta or options he~ei~
proi~ided shal~ not consfifute a waiver of any rig{~ts or options unde~ saia note or this mortgage a~cniecl or
Iherea~ler nccruing.
~n ~~~1~ the said mortgagor has I~ereunto aigned and sealed these presents the
c~ay anc~ year first a~iove writfen.
Signed, sealed and deli~ered in the presence oj:
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~ , ~hL~ BOBffitT N. PAD~ICL
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to Ifr. i Mrs. Padrick V~RGIPIA S. P IQC
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~ STATE OF FLORIDA. • ~ _
~ COL'~iTY OF ~aI
I HEREBY CEItTIFY that on this day, beforc me, an
o(ficer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgments~ penonally appeaced
ROBBR? il. PADlt7?Cx aad VI~LGIIiIA S. PADRICIC, his vife,
to mr known to be the person described in and who executed the (oregoinq instrument and they ackaowkdaed
~ beforc me that they cxecuted the same.
~ N'IT~ESS my hand and ot(icial seal in the County and State last aforesaid this daY ot
hi)? A. D. 19 ~
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= ~ 4~"' `"~.1._...._~„~•`•='~'"r`
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~ My Coa~aisaion e~irea: H ry public, State of llorida
~ at Large
~ N~..~ ~ : a.,',.,•..+ iy..y s•'~ ~`j~
~ kh-~o t." 7'~'~~~~MMlt/~~YN3r FILED AND RECOR046~.
~ ~,`R'~~`-j..:~ ~ ST, lUC1E COUNTY. FLA.
. ' ~n~f Ea~F~En
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~ ~ ~ y~ ~ - ~ ' - '68 JUN 10 AM 9 : 'iq
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~ ~ ~ ~ 16'7843
n(l~:~EF; ~~OITRAS
' CIERK CIRCUIT COUR7
a~~ 172 ~ 78;3 ~
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