HomeMy WebLinkAbout0653 anc~ stin~~ pcr~orm, comply wilh and ob~de 6y eacti and every t~e ag?eemenfs, sl~pu~afton's, condittona and i
co~~enant: tl~e~eoj, and o~ ti~is mortgaee, then this morf~a9e and the estate I~ere6y c?eoted, sl~all ceass, de- ~
fe?mine and 6e null and iwid. - -
IZllll thp morfga~or henrby f tut~er co~enanb ancl agrees to pay promptly when due fhe principnl and
~nteresl and othe~ sums oJ money provided fo~ in said note and t1~b mortgage, or eilher: to pay all nnd
singu~ar Ihe la.res, assessments, ~evies, liabililies, ob~igafions, and encum6rances o~ every nafure on said pro-
perfy: fo permit. commit or suj~e~ no wasfe, impai?ment or c~eterio?ntion o~ said ~nnc~ or the tmprouemenb
therecn al any time: !o kpep the huildings now or herea)ter on cnid land (ully insured in a sum o/ not lpss
thnn h3qhest insurable v~lue
in a company or compa~ies accepta6le to the mortgugee, the policy or policies to 6e 6eld 6y, and poya6le
!o, said morfgugee, an~ in itie event any sum of money 6eeomes ~ya61~ by virlue o~ such tnsurance t~e
mo~fgagee stia~~ {~aue t{~e rig~t fo receivp and apply the same fo tl~e inde6ted~ess here6y secured, aecounting
to Ihe mortga~or ~or any surp~us: to pay a~~ rnsfs, charges, and expenses, inc~uc~ing ~awy~~s ~ees anc~ ftf~e
searcties, reasona6ly incu~rec~ or paid by the mortgagee 6ecause o` fhe ~ai~ure oj ttie morlgagor to prompf~y
and (ully ~omply wifh II~e agreements, stipuTations, conditions and covenants of said note and fl~is rnortguge, i
or eit/~er; to perjorm, comply with and a6ide 6y each artd every the agreeme~ts, stipulations, conditions and
couenanls set ~orlh in saic~ note ancl this mortgage or eii~er. /n fhe event fhe mortgagor ~at~s to pay w/~ere
due any tnx, assessment, insurance premium or otl~e~ sum o~ money payn6le by vtrtue oJ said note nnd t1~is
mortgage, or either, the mortgagee mny pny fhe snme, wit~ouf wniving or a((ecting ttie option to forec~ose
or any ofl?er right herennc~er, and all such paymenfs shall 6enr inlerest (rom dnte tl~ereoJ al the I~igl~est Iaw-
~ul rate then allowed by Ihe lau~s o/ the Stafe of Florida.
~L any sum o~ money herein re(errecl to be not promplly paid within 3~ t~ays next ajter
1he same 6ec-omes due, or iJ each and euery the agreemenls, stipulations, conditions and couenants oj satd
note nnd this mo?tgage, o- either, are not /ully perJormed, complied wit{~ and ab~ded 6y, then the entire
sum ?nenlioned in said note, and tl~is mortgage, or the enfire balance unpaid tl~ereon, shall Jorthwith or
thereafter, nt t6e option oj the mortgagee. 6ecome nnd be due and payable, nnything in said note or herein
to f~e contrary notu~it{~stanc~ing. Fni~ure 6y ~hp mortgngee to exercise any of t~e rig~ls ~ or options ~erein
provided sha~~ nof consfilufe a waiver o~ any rig{~fs or options under saic~ note or t~is mortgage nccrued or
!{~ereaJler arcrtiing.
~n ~itness ~~~t~ t{~e snid mortga,qor has herrunto signecl and sealed tl~ese presents 1{~e
cray and year Jirst abore inriNen.
Signed, sealed an~1 de~inered in tl~e presencp of : . +
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f S~~ NTY O~ '~8 I SLAPD ~
I HEREBY CERTIFY that on this day, befon me. an
olticer duly qutllori~in the State ~doresaid and in the County a[or~~aid to tak~ act~rowledqments, penonally appeared
~ ' JO~B~'~: HOl~ti$ and DOROTHY A. MOI~IIZ, his Wi~e, ;
~:to•me knowti to }x'therptnot~ dtscribcd in and who exccutcd the forcgoinq instr~ment and t~Y acknowkdged i
b`r_EoFa m4. tlut -~cecuted the same. '
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•WI%i`~I~~S my hand and official seal in thc County and Statc last aforcsaid this ~ day o( ~
i - = A. D. 19 70 -
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; f = My carmission expires -
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~ u L3 ~,-~,r.J 34 7~
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~ Tliis h~s~nn»c~r! prrpnrr~! by: 0 R ~e~
" Adi/icls BOOK~~ ~A6~.,~~It+h~
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