HomeMy WebLinkAbout2861 ! d~~~~ t ~ ~ I
an~ a~a~~ perjorm, comp~y wlt1~ aa y, Mch dnd'~~t~s agreements, stipu~ntions, condttto?t~ and
' coi~ena~ts thereoj, and o/ lhts mortgage, tl~en thia ~nortgage and the estnts he?eby cnated, shall cease, de-
lermine and be ~ull and i?oid.
~ tl~e mortgngor hen+by juNher oouenanta and agrees to poy pro~nptly wken due Ike prtncipn! ond
interest and olh~ aumt o~ mpney provicled lor in said ~ote and l~ia mortgage, or eit~ier; !o pay a~~ and
singular I~e taxe~, assessmenls, leviea, Iia6tlilles, ob~igalioru, cnd encum6?nnce3 of every ~ature on said pro-
pe?ty; to permit, rnmm~t or su~je~ no wuste. impalrmeRt or deteriomtion of snid ~and or the i~nprovernenls
thereon of uny time; !o Itpep the 6uilc~inga now or herea~fer on .atd land /u~~y insiue~ in n sum of not ~ess
tl~a~ Ten Thousand and No/100
tn a company or compnnies necppta6le lo the mortgogee, the poltcy o~ policies to 6e held by, and ~xiyn6le
to, satd mortgagee. arid in fha enen! any sum o~ money becomes ~ya6l~ 6y ui~tue o~ such insurance t~e
mortgagpe shall 6a~~e the rigl~t to ~rceive and apply 1he same to the inde6tedness here6y secwed, noeounting
to the mortga~or /or any surplus; to pay all eosts, chnrgea, and expenses, including lawyer's jeea and title
seanches. ~rasona6ly incurre~I or paid 6y tl~e mo~tgagee 6ecause o/ t1~e /ai[ure o/ the mortgogor to promptly
and Jully con~ply witF? the agrermenls, sttpulations, conditions and covenants o/ snid note and tl~is mortgage.
or eifl~er; to per)orm, comply wtth and n6ide 6y eacl~ nnd every tl~e agreements, slipu~ntions. ~ondtrto?u ~d
conenanfs set jorfh in said note nnd fRts mo?tgage or either. In the event lhe morlgagor (aila to pay when
due any fax, assessmenf, insurnnce premium o~ of~er sum of money pnyab~e 6y uirfue of said note ancl t~is
mortgage, or either, ihe morfgagee mny pay f~e same, without wniving or a~~ecfing t~e option to forecjose
or any oll~er ?igl~f I~e?PUnder, and all sucl~ paymenls skall bea~ intprest /rom dnte tl~ereoj at tlie I~igl~est jnw-
~ul mle tli~n allowecl by thP lau•s oJ 16e State oj Flortdu. ~
any sum oj money herein rp(e?red to 6e not prompl~y paid within 30 anys next ajter
the same 6~c~omes due, or if each and every tl~e agreemenls, stipulations, conditions and couennnls oj said
note and fF~is mortgage, or either, are not /ully per/ormed. c~mpliecI 'wltl~ and a6~ded 6y, t6en the entire
sum me~ttoned in said nole, nnd t6is mortgage, or the entfre balance unpaid t6ereon, af~a[I jo?t6wit6 or
thereajlpr, at iht~ optioa oj the mortgagee. 6ecome and be due and paya6le, anything in said note or herein
fo the conlrary notu~ilhstnnding. Failure 6y the mortgagee fo exer+cise•any oj t~s rig~ts or opttoru ~erein
proi~i~rc~ s~a~~ no~ cons(ifute a u~ait~pr of any rt~{~ts or options under ~ai~ notP or fhis morfgage accvued or
ftirrrnJf~r accruing.
~n ~~~~s ~~~0`~ the said morlgngor has hereunto signed and spnled these preaents Ihe
cjay and y~ar (irst a~~one u~riflen.
Signed, s~aled ond dpli~~ered in t1~e presence o/:
• ` . RRo-c~,~-----------------• - - -~:.G~'~Y~•--~
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STATE OI~ FLORIDA, ~
COUNTY OF 3P. LUCIB
I HEREBY CERTIFY that oa this day, before me, aa
of~cer duly authorized in the State afomaid aad in the Couaty atoresaid to tak~ acknowkdgments, personally appeared
J. PATBIQC BBAOOM and BMILY P'SSD BBAOOM, his wife
to me known to bt tbe perso~8 described in and who ezecutcd the. tongoing irotrument and they acknowkdged
beforc me that they e~cecuted t6e ~ame.
WITNESS my hand and dficial ~eal in the County and Stntc last atomaid this 22nd. dar ot
July A. D. 19 69.
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' ~ . ~ [ . ~ N~ i~w~ vr r`~p~~M AT ~ ~ww~
, . ~ . . - ' . ~ . ~ MY COMMI$5~ EXPIRES Nf1V ~2, 1971
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