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HomeMy WebLinkAbout2472 and ahall pe~/wm, comply wilh a~d abtde by each and ei~ tf~e agreements, slipulattoria, condttlons and c~o~~enanfs l~ereo(, a?ad oj Itiis mo~tgage. f~en ttib morfgag nd the ettute here6y created. sha~~ osaiss. d~- iermine an.l 6e null and ~wtd. - . ~ ttie mwtga~or 1~eruby (urther rnvena~b and a9roea io par promptly when dw t1~e principal and • inlereal and of~e~ sums of mo~ey provtdecl ~or tn antd nele and t~ls enorlgage, or either fo par a~~ and at~gu~ar 11~e laxes, assessmenls, ~evles, ~iafii~ifies, o6~lgultons, nnd encutnbr~w~ces o! euery nature on sa~ pro- perly: fo permtf. commit or suj~e~ no wasle. impairmenf o~ defe~iorafto~ o~ aaid ~and or Itie impronemenb ttierrcn at any lime; to ~r~ep ttie tiui~ings nou~ w he?rajteM on ~atd l~~d /ully insurerl in a scun ol not ku t1~on 'l~elve ThOUSStd ($12,000.00) DOll~ur8 tn a company or eompaniea accepta6[e to the mortgagee, tl~e poltcy o~ pol~cies ro 6e held 6r, a.~d ~robb to. sal~ morfgage~. an~ in ihe even! any sum o~ money beeomes paynb~e ~y virlue o~ such insw+ance f~e morlgagea sl~all have the right fo ?eceive and apply Ihe aame to the inde6tednesa hereby secured, ac~c.~ounttng to ttie morlgagor ~o~ any aurplus; lo pny a~~ eosts, charges. nnd expenses, tnc~uding jawyers ~ees nnd itt~e searcl~ea, reasona6ly inct~necl or puid 6y fhe mortgagee 6ec6;s~e oj t1~e failure o( t1~e n~ortgagor to ~o~tlr and ju~~y comply with f1~e ngreements, stipulafions, eondttions ana covenanfs oj suid ~ote and t6is ~ortgage, or eitl~er: to perjorm, rnmply wifk und abide 6y each and every tke agreemenb, sfipu~ations, condttiona nnd covenants set ~orth in said note and thls mortgage or either. ln t~e event the n~orfgagor ~ai~s to pay when due nny fax, assessment. insuranc~e prRmfum or ot~er sum oj monep payable 6y virfue o~ said nofe and fhts mortgage, or eit{~er. tf~e mortgagee may pay tlee same, without wniving or u~~ecting the opfton to joreclose or any other ~ight hereunder, and all such payments sl~all bear tntenst ~rom date Iher+eoj nt t6e I~ighest law- ~ul rale lhen allowed by f6e Iaws oj the State o) Florida. 7L nny sum o~ money herein re~erretj !o be not prompl~y patc~ wit~in 30 c~ays next ajte? t1~e same becomes due, or i~ eac~ and every lhe agreements, atipu~ulions, c~ondilions and eovenants o~ said note nnd tl~is mortgage, or eilher, . are not /ullq per/ormed, c~ompliec~ u~if{~ nnd abided 6y, tben the enttre sum menttoned in suid note, and this mortgage, or the enti~+e 6nla~ce unpald tl?ereon. :i?all Jo.tl~wttk or thereaJter, at tl~e option. o/ tl~e mortgngee, become ~d be d~ ~d ~ynb[~, nnything in said note or he?ein to !{~e contrary nolwiltistanc~ing. Failure 6y t6e mortgagee to exe~ise any o~ the rig~b or opttons here:n provided s/~n~~ not conslifute n wai~er o~ nny rigl~ts or oplions under snid note or t~is rnortgage accTUed or t~ereafler accruing. ~n ~~lll~ ~~~I~ f~e snid morfgagor I~as hereunto signed and sealed these p?esents the day anc~ year lirst a~iove u•ritten. Signed, s and d i~re in the presence oj: • • - - - ~ es . Rus ~ . ~ . . - i - - I,eo Russ i - - - ~ ~ ~ ~ ~ - STATE OF FLORIDA, ' ~ ~ courrrv oF sT. I~TCIB I HEREBY CERTIFY thac on this dar, betore me~ an otRcer duly authorized in the State a(oresaid and in the County aforesaid to take acknowkdgments, perwaalir appeued ~1ffi'~.e8 E. 1~1188 aTld I,e'O R118B to me known to be tbe person 8 described in and who executed the foreEoina instrument and t~1@Y acknowkdged be[or~e me that ~h6y executed the same. WI1'NES.t my hand and oi6cial seal ia the Couaty and State laut aforaaid this ~~1 day oI October A. D. 19 . .:<<,rf~l. ~ FiLED AND RECO~DED , f~r- L„ ~c ,_,r~ldTY. F~••• ~ . ~ ~ ~ ~ • ~ T • ~ ~ ~ ~ - . _ ~ ~ ~ • ~ : " '•j~ ~JJIR~... . - - AT~iA~E ~ ~ ~ 'TAfE ~ ~ ~$5 63 ~ ~u~ R s ia . ,t . . = 3 , ~ ~ ~ ~ - s-' - T~g `,~t,~ 4 Pi~ . 32 ~ ~ ~tG '4, ` e: ~ ~ '''~`F . " • _ i: ? ~!-p :S ~t_~Rh ~iRC~1T COURT- ~ ~u r~~,~~ ~nd by: : Adll/~f TMIS INSTRUMENT W/~ pR fp~p BY 8~ ~ M. S. A1oCpLLUM, ATTOR~EY,AT-LAW Zi21 - 14fA AVEfAlE ~ ~H. ~oluor~ _ . k , . - ~ ~ - : , 3__