HomeMy WebLinkAbout2597 an~ sha~~ perjorm. comply wilh and abtd~ 6y aach and e~?ary fhs upreeme~ls. •lipu~at~oiu. oondittoru and
ao~~enants the?eoj, and oJ thia mortgage, tl~e?~ tl~ii mortgags and ths ~ilnfe har+eby creatad, ~haU cvoi~, de-
termine and 6e null and iwid.
~ the mortga~or I~erc~by /urther covennnts and agrea 1o pa~? promptly when due the prtnc~pal and ~
Inferes! and other sums o~ money provided fo~ l~ aatd note and fRis mortgag~. or etther; !o par aU anc~
singu~a~ Ihe faxes, assesaments, ~euies, ~iabi~ilies, ob~igatio~s, and encumbrances oj ere~ry ?int~?re on snid pro-
perty; fo permit. commit o~ suf~er no wasle. impairment or dete?~ior+alion o~ :atd ta.~d or 1~• imp?owmenb
Il~erecn ai any time: to kc~ep !he bulldin9a ~ow or 6errajtc~r on ~,td ta.~d Jully insured in a sun~ o( not le~s
~han maximum insurable value
in a company or companies accrptable to ftie mo~tgagee, the po~icy or po~icies to t~ 1~eW by, and payabl~
to, saFd mortgagee, an~ in tke event any sum o~ money 6ecomes ~yabi~ by vtrtue b~ suck iraurance the
ntorlgagee sf~all have the right to ~ecetve and apply the same to the inde6tedneu here6y secured, acoounting
to Ihe morfgapor /or any surplus: to pay nll costs, charges, and expenres, tncludi~~q lawyer's jeea and tttle
searcf~ei, rensona6ly incurrnd or paid 6y the mortgagae 6ecawe oj t6e (nilure oj Ihe ~nortgaeor to promptl~r
artd ~ully c~omply wifh f~e ngreemenfs, stipu~fions, rnndttions n~d eooenant: o( said nole and this mortgap~.
or eittier; to per(orm, comp~y witti und n6ide 6y eacl~ and every' the agreements, sHpu~altons, condiltons and
co~enants set ~orl/~ in saic~ note nnd ti~ia mortgage or eifher. In ttie event t~e ~rtortgmgor fai~t lo pay w~en
due any tax, assessment, insumnce premium or other sum o( mons~r paya6le by uirtue oJ said note und ttiit
morfgage, or eifher. the morfgagee may ~y I~e same, wit~out waiving or a~fecting t~e opfion to (or+eclose
or any other rigi~f herc~undpr, and all such payme~ts shall bear tnterrst /rom date therro( at ~he ~i9hest !nw-
(ul rafe lhen allou?ed by the lows oj tha State oj Florida.
ll any sum o( money tierein n?~erred to be nof prompt~y paid wilhiR 3~ c~npa next a(ta~
fhe same becomes c~ue, or i( eac{~ and eoery the ngreements, sfipu~afioru. eo~clilions nnc~ couennnts of said
note and fl~is mortgage, or eilher, nre not (ully perfonried, oomplied u~it1~ and ob~d.d 6y, t~?en t1~e enli?e
sum mentioned in said note, und this mortgage, o~ the entire balnnce w~~aid tl?en~on, shal~ ~orthwith or
thereajter, at fhe option o( the mortgngee, 6ecome and 6e due and payable, anqtletng in aaid note or 1?erein
to f~e conirary notu~it{~stanc~ing. Failurr by f1~e mortgagee to exercise eny of t/ee rig~?ts or opttona ~eretn
pronic~ec~ s{~a~~ not consfilute a waiver of any rig{~fs or opfions under saic~ note or this mortgags aecnu~ or ~
f~prea~ler accruin~.
F
n ~Lll~ ~D`~ t{~e saic~ morigagor /~as ~ereunto signec~ and aea~e~ t~ese presenls ttie
c~ay an~ yenr jirst a6o~~e u~ritlen. ~
Sign , sealecl and delii~erecl i ll~e prrsence
+~,a L ' y`
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~s - - ~t ~r . Ban ro t
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~ Ka-fen L. Bancroft
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; STATE OF FLORIDA, ~
~ coL:~~rv c~F DADE
F I NEREBY CERTIFY that on tAis day~ before me~ an ~
~ ofticer duly authorized in the Stat~ aforesaid and in the County aforesaid to tat~ acknawkd~mer.ts, prnonally appeued ~
~ Richard D. Bancroft and Karen L. Bancroft, his wife
E
~ to mr known to bf the prrson3 d~uribed in and who executed the For~[o+rys i~uvument and ~Z1e'y acknawkdRed
p !lou.-~ r~+ac. State ot fbrid~ at lary~
~ bcfom me that they ~x~cuted the same. ~n
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A
~ ~1'll:\ESS my hand ancl dfirial xal in the Counq• and State last afwesai~o.ilin N«Sw Fi~ a G~C~t~~day of
~ ~7
~ July A. D. 19 69 -
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" ----Y- --•::U~-l---
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t ~ Notary Pub ic,~~~~State of F . at
~ Large r
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~ ~•J~ My Commiss ion ex ires :
~ Fi~E~ Aao R~c~ao~o ~
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' . ~ - ~ ' ST, IUC~E COUNTY. FLA. ~
~ , ~ ~ ~ _ . . . CoRn v~niF~gn
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~ ; - ~ ~ c: ~ ; 18C~1~
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~ ? L' ' '69 JUl I 8 PN ~ ' 32
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~ FiQ~~~ c 'Ot7R;.S
~ CL~RK C{R~UIT COURT
77i~~ hulrunu-r?/ ~r~Ril by:
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~ io~cc 1~ ~~~h~
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