HomeMy WebLinkAbout0341 and shall p~rjorm, ~•omply u~ith and n6ide 6y encti and ere~y t~e agreemenls, stipula~io~is, conditions nnd
co~~enants ~I~ereoj, and oJ this mortgage, tl~er~ Ihis mo?Iga{~e ond the eatate he.p6y created, shall ceuse, de-
tPrmine nnrl I~e nu~~ ancl ~~oi~. ~
~n~fhp murtga{~or {~e~v{~y furthe~ covenanls and ag?ees to pay pron~plly when due the principal and
inlernsl and ofhPr su?ns o~ money proi~i~Iecl ~or in said note and this morfgage, or eif~e~; fo pay a~~ nnd
singular Ihe tnxes, asses~ments, ~PI~IP3, Iia6ililies, o6ligalions, and e~cum6mnces o~ every nnlure on saicl pro-
perly: to permil, commit or su~Jer no u~asle, impairment or c~elerioration oj sai~ ~and o~ the improveme~ta
Ihprecn al any timp: to ~PPn II1P bui~t~in~s now or hpreajt~r on caid ~anc~ ~ully insurec~ in a sum of not ~ess
f~an
i?i a ~o~,n~ny or c•ompani~s a~~pn~a6la to the mortgapee, the policy or policies fo 6e hpld 6y, nnd payable
to, said morlc~aq~p, and in the event any sum oJ money 6ecomes paya6le 6y virtue o~ suck insurance tF~e
mortflagee shall ha~~p Ihe rifl{~t Io r~ceivp and apply 1he same to 1he inde6tedness here6y secured, aecounting
fo fhe morlga~or (or any surplus; fo pay a~~ cosls, charges, and expenses, including ~awyer~s fe~es ane~ Itf~e
searches, reasor~a6ly incurrec~ or ~a~d 6y ~he morfga~ee becaiue o~ t{~e ~ai~ure o~ t{~e morfgago~ !o prompf~y
an~ JuIIy comply u~ith tl~e agreements, stipu~afions, concrilions nnc~ coue?eanls o~ said note an~ I~is morfgnge.
or either: to perJorm, comply w~i1h arid abide 6y each and euery the agreements, slipulnfions, condifioru and
covenants set jorth in said note and Ihis mortgage or either. ln the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or ofher sum o( money paya6le 6y virlue oJ said note and this
morlgage, o~ eil{~er. 1~~e morlgagee may pay Ihe same, wit~ou! u~aiving or aJjecting t~e opfion to jorec~ose
or any oiher ric~ht hereuncler, and nll siich payments shall 6ear interest Jrom date thereoj at the hig{~est law-
(u~ rate fhen a~lotued by tl~e lau~s o~ the State o) Florida.
~1 any sum of money {~erein re~erred !0 6e not promptly paid within thltty days next a~ter
thP same 6pcomes due, or ij eacf~ and every the agreements, stipulations, conditions and covenanls o( snid
note ancl Ihis mortgane, o~ either, are not f ully perf
orntec~, compliecr with and a6~d~d 6y, f~en the entire
sum mentioned i~ snid note, and fF~is mortgage, o~ the entire balance unpaid tl~ereon, shall Jorl6will~ or
thereafter, at Ihe option o) t1~e mort~agee. 6ernme antr be due and pnya6le, anything in saicl note or herein
to I~e conlrary nofu~il~slanc,ing. Fai~ure 6y ~l~e mortgagee !o exercise any of the rights o~ opfions herein
pronicled shall not constiiulp a waiver o~ any rig{~ts or options unc~er sai~ note or this mortgage accrued or
therc~a f ler accruing.
~n ~~Ul~ ~hereof~ f~~e saic~ morfgagor has tiereunto signec~ ane~ sea~ec~ lhese preser+ts fhe
clay an~ ycar jirsl atione ivriifen.
Sigr cr, aletl ant~ tl r r e presence oJ:
,
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~_.~~:._.G.... . . ~
Otis D. Outler
,
_ - - - ,~„r~..-----~- ._.._..._._..nl,..- -
Luevera M. Outler ~
~
i
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STATE OF FLORIDA. ~
~ COUNTY OF ~ -
$T T'vC~ I HEREBY CERTIFY that on this day~ betorc me. an ~
officcr duly authorizcd in the Stat~ a(oresaid and in the Counry aforesaid to takc actnowledgmenu~ penonally appeared
Otis D. Outler and Luevera M. Outler, his wife,
to me known to b~ the person8 described in and who ezecuted the forcgoinq instrument and they a~knowkdged
txfure me that t~1ey ~xccuted the same. ~
Wl7iiiESS my hand and official seal in tfic County and State last a(oresaid thu day o[
~.~„eac A. D. ~ 9 69. _
U ~i~~~ 3 7
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~ DTotary Pub11c, State,'.~c PjI~=~~,~ :
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~~ROE~ At Larqe. - . y: ~
pt~ RE ~Y. ~ ~ 4 ;
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