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HomeMy WebLinkAbout2067 and sf~all perform, comply wilh a~d a6~de 6y ~1~ and ei~ery the agreeme~is, stipulatio?is, conditions and conenants ihereo~, and oJ this mortgage, then this mortgage and tl~e estnte hereby created, sl~all cease, de- lermine and be null and void. - Ti11f~ !~p mo~lga~or heruby lurl~er covenanis anc~ ag?eea to poy prompt~y wken due the principo~ and interesl and olher sumt o~ money provtded ~o~ in satd nofe nnd thia mortgage, or etftier; !o pay a~~ artd singu~ar f~e ta.res, assessmenls, ~eutes. Iia6ilitie~, ob~igntions, and encumbmncea o~ every nuture on satd pro- pe~ty; lo permil, commit or sujJer no wasle, impairmenl or cjeteriorafio~ o~ said land or fhe improvemenft fherecn al any iimp: to hpep Ihe 6uildings now or hereaf I~r on said lnnd /ully tnsured in a sum oJ not leas ehaR f~ll r^.aximum insurable value in n company or companies accepln6le to the mortga9ee, the policy o~ policies !0 6e held 6y, and paya6le to, saic~ morfgngee, an~ in fhe event any sum o~ money 6ecomes ~ya6le 6y virtue o~ such insurance t~e mortgngee shall have t~e rigtit to receive and apply tF~e same to fhe indebtednes: here6y secured, aceounting to tl~e morfga~tor ~or any sutpl~u: to pay a~~ costs, cl~arges, and expenaes, inc~uding ~awyer~s jeet and tit~e senrcties, ?easona6ly incurrec~ or paid 6y ~he mort9a9ee because oJ t~e f ai~ure o~ t~e mo?lgagor fo prompl~y ane~ ~ully comply wilh t~e ngreements, stipu~ations, con~itiona and covennnfs o~ snid note and f~ts mortgage. o~ eitF~er; to perform, comply witk and a6ic~e by eacl~ and every the agreements, stipu~ationa, conditions and covenanfs set ~orth in saic~ note and t~is morfgnge or eiiher. jn ttie evenf the mortgago~ ~ni~s to pay when due any tax, assessment, inswance premium or otl~er sum oJ money paynble 6y virtue of said note and tl~is mo~tgage, or eifher, the mortgagee may pay Ihe same. wit~out watutng or a~~ecfing the opfion to Jorecjose or any other right 1?errunder, and all such payments shall bear interest jrom date I?~ereoj nt t6e I~tghest law- (uI rate tl~en allowed by tl~e laws o~ tF~e State oj Florida. ll any sum of money ~erein re~erred lo be not promptly paic~ within ~ n days next n(ter fhe same becomes due, or iJ each and eUery Ihe agreements. stipulations. conditions and covenants o~ said nofe and this morfgage, or eit6er, are not f ully perJormed, complied with and abtded 6y, t1~en the entire sum mentioned in said note, and this mortgnge, or fhe enlire ba~ance unpaid ther+eon, sha~~ ~orfhwith or tl~ereojter, at the option o( the mortgagee, 6ecome nnd 6e due and pnya6le, anytl~ing in said note or I~erein to t~e contnnry nolwitl~stancling. Failure 6y tF~e mortgagee to exercise any of f~e rig~ts or options herein provider~ shall not constifute n waiver oj nrey rights or options unc~er said note or thts mortgage nccrued or t~ereaJler accruing. 1n ZV~~~ the snid mortgagor tias J~ereu~to signecl ancl sealecr tl~ese presents the day anc~ year Jirst a6o~+e u~riffen. Signed, sealed and deli~~ered in the presence o~: _ , ' ~a,,,,,~;,:.~' < ~~7 ~ . - - . - - - arF nce : "a~ - . , , _ . . ,~F:.%,~_~•' - 1~--~r l~~' - ~ ^J- ~ • ~ ~ r:~r~ ~a L. r~ay ~ ~ 6 STATE OF FLORIDA, ~ COUNTY OF ~T . LL C IE I HEREBY CERTIFY that on this day, before me, an ~ offic~r duly aathorized in the State aforesaid and in the County aforesaid to ak~ acknowledgments~ personaUy appeared ' 4 CLAR~h'GE R. t`AY and NAR^IQ L. MAY, his wifF~ , ~ to me known to be the peno~' described in and who executed the (oregoin,q instrument andt}1~1~' acknowkdged ~ before me that t hE cxccuted the same. y WIItVtsJ my hand and olt~cial seal ~n thc l:ounty and Jtatc Iast aioresa~d thu ~G ~a~ oi ~ • ~ .D~ r, r mb~ 2^ . A_ A 19 f;~. .r ~ ••i ~ - . - ~ _ _ : <t,.,y,,.~. _ ~ , _ ~ ~ ~r _ . - ~ • . ~ ~ , ~ F1LED AND RECOROED " v-~. . - ~ . _ - _ ~ lF ~ yUNTY. FLA. - - ../_1~.•_...~ i~r , ~ . . LI.C ;.;F~r:) otar~blic - : - ~ . . - y~~/1 r`} ~ommi~sion E x~ i~ ~~.3 ; • ~ • ' _ ~ ~.L~~~i~V ~ . r , ~ v ~ - 1 . . ~ u' p~ • MOiAB~ PuBl1C. STATE Gf r~b:Z:JIG {AM6E n ' • ~ - ' . ~a9 [1~~ ~ 6 r~`1 2 • y9 MY C0IAMISSWN EXPIRES 1UN[ 9~'2 ~ ` } " li ~ ' ~ ~ ~ ~ : _ ~ / ~{~/A WNDED TMROU6M •11ED W. D~ESfy woe~~T : .t Z ~ 1 • , ~ CL~R~I~~F~~~!T COURT ~ ~ ~ ~ i Thu brs~rrn„c» ~ p,epa,rd by: GERALD S. JAMES ~ ~ Attorney at i.aw~ Addreu cQ 206 South 2nd Street Fo~t Pierr°. Flonda a00K 1~1 PACE20U0 ~ „ . _ ~ _ : ~ ~ ~ 3.v __.x_, . _ . _.:~:r...~'