HomeMy WebLinkAbout0044 ~nd sha~~ pi~rJorm, ~•omply irifl~ a?td abi~re by ench arz<, ei~e~y fhe ap~eemenls, stipu~alions, conditions and
ror~nanls I~~~r~o(. ~~~d o( I~~is mort~ag~. Ij~~n Ihis morfgaf~e ancj I~e eslafp hereby crPale~. sha~~ cease. de-
fprmine am~ nu~~ cuu~ ~~oic~.
~n~ 1{~P mortc~a~or ~~emhy ~urf~er covenants anc~ agrees to pay promplly when ~ue Ihe prin~•ipcil and
inlemsl nn<l olher sums o~ money proi~i~ec~ ~or in saic~ note ancr this mo~tgafle, or eilher; lo pay a~~ anc~
slnaular Ihe tax~s, ass~ssmenls. I~vies, lial,ilities, o6lif~alions, and encum6rances o( every rtalure on said pro-
perfy; lo pe?mif, commif or suJj~r no u~asf~, impairment o~ ~eleriorotion o~ saic~ ~ancr or f~~e improvemenls
If~~rnen a1 any time; fu ~ri•ep f~~~ huilclin~s nou~ or herenff~r on s~ic~ ~ane~ ju~~y insurecr in a sum of not ~ess
fl~~n NIL
in a compnny or ~~ompanies accepta~~~e fo f~~e morl~a~~~. I~~e po~icy o~ policies to he tipid 6y, ane~ payable
to, snic~ mortc~agee, an~~ in I~~e enen! any sum o~ money becomes paynb~e tiy ni?fue o( such insuranre the
morlga~eP sl~all ha~~e Il~e ric~ht to r~ceiv~ and apply Ihe same fo tF~e inde6tedness here6y secured, accounting
fo I~~e morfga~l~r Jor any surp~us; to ~y a~~ costs, ~-~~arpes, and expenses, inc~uding ~awyers ~PPS anc~ lit~e
searc~~s, reasonal~Iy incurre~I or paic~ hy the mort~a~ee hecause o~ t~ie lai~ure o~ tf~e morfgac~or to prompf~y
an~ JuIIy comply u~it~~ II~e aflreemenls, stipu~afions, con~itions anc~ cvvenanfs o~ sai~ note an~ this morlgage,
O~ PIIIIP~; to p~rjorm, comply u~itl~ antl abic~e 6y each anc~ e~ery l~~e agreements, stipulafions, conc~ifions ant~
cot~~nanls set ~ort~i in said note an~ ftiis mortgage or either. ~n t{~~ event 1{~e niortgagor ~ai~s to pay when
due any fax, assessmenl, insurar~ce prPmium or otl~er sum o~ money payah~e 6y uirtue of saic, note ane~ ftiis
morf{~a~e, or eil~~er, ttie mortt~ageP may pay I~e same, tuithouf wniving or a~fecfing the optian to forec~ose
or any otlier rinl~t hernunder, an~ al~ such paymenls shall bear interest (rom date i{~ereof nt t1~e tiig~est law-
~ul rale tl~~n alloive~l hv tli~ Ia~ns of tl~~ Stafe o~ F~ori~la.
D` nny sum o~ monev I~erein rererrea lo he not prompf~y paic~ wit{~in 30 c~ays nexf a~ter
t~~ samP ~~ei-om~s ~u~, or ij eac~i anc~ every IFte anreemenfs, stipulations, con~Iifions ane~ co~~enants of saie~
note and Ihis morlqagP. or ~ill~er, are ~ot )ul~y per~ormed, complied with and a6ided by. lhen Ihe entire
sum mention~d in said note, ancl tl~is morlgage, or the entire 6a~ance unpnicl thereon, shn~~ fortF~witle or
tF~e~eaf ter.°bt t{~~ option oJ tl~e mortgagee. 6ecome ancl 6e due and paya6le, anyti~ing in said note or herein
to I~iP confrary nofu~if~~stan~ing. /'ai~urp by the morfgagee io exercise any of the ?ighls or options herein
pronitfetl s{~a~~ nof conslitufp a u~aii~er oj any rig{ils or options under sai~ note or I~is morfgnge accrued or
I~~~rraJfer arcruing.
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~n ~~tness ~YUhereo ~ thP sai~~ mortryaqor has Iiereunfo signe~I an~ sea~e~ these presenfs f~e
cray unc~ year Jirsf a~~oi~e u~ritleri.
Signe~, se~'d and deli~~e t~ in lh~ pr~s~ ce of .
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~nald E. acobson
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~ STATE OF FLORIDA, ~
s COli \iTY OF $T ~ I,tJCIE
~ I HEREBY CERTIFY that on this day~ be(ore me, an
~ officer dul}~ authorizcd in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqmenu, personally appeared
~
~ DONAI~ E. JACOBSON
~ to mc known to bc thc pcrson deuribed in and who executed the (or~goinq instrument and atknowkdged
~ before,me that he cxecuted thr same.
WI1'1\ESS my hand and o(ficial seal in the County and State last a(oresaid this ~2 ~y day oi
~ - ' , ' r A. D. 1969 pEU `
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x " J : : ` ~ ~ Co:~~ :is.wn Expues lan. 5, 1~I0
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~ Thu I„s~nim~~!/ prcpnrr~d hy: BOOK 1~~ PACE
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