HomeMy WebLinkAbout2537 an~ sha~~ perJorm, eomply wtfh and a6tde 6y ~1~ ond every ftie agreementt, stipu~attorii. conditions and
co~~ena~l~ thereoJ, and oj thts mortgage, tl~en thta mortgage and ths estate h..~s6y ~ae~d. sl~gl! cowe, d~-
fermtne and be nu~~ and iwid. -
~ t1~e mo~tgupor hen:6y Jurlher co~enants and agrees to pay promptly when dua ths princtpa~ and
inte?rst and olker sums of money p?ouided Jor in aatd note and this mort9age, or ettf~er; to pay all and
singuln~ t1~e lares, assessmenls, leutes, Iin6tlities, o6ligalio?u, and encum6ronces o~ every notwe on rntd pro-
pe?fy; to pe?mit, commif or suj(e~ no waste, impairment or deterioratton o` satc~ ~and or the tmFrovemenls
lherecn at any lime: to kec~p !he buildings now or herra(tc~ on ~atd bnd /ully i~sured in a sum oj not less
lhan EI,F~YIs~T '1'H~Ot13ArID AND A0~100 DOLIAIiS-----------------~-----~--------------
in a company or companies acceptable to tl?e mortgagee, the poGcy o~ policie: to 6e h.W b~, and ~ya6l~
to, said mortgagee, nnd i~ tlur euent any sum o( money 6ecomes ~~xi6[~ 6y vi~lue oj such insurance tlee
mortgagee shall have tl~e ~~g6t to recelve and apply the same !o f1~e indebtedneaa here6y :ecured. aceounting
to ftie mortga~or ~or any surp~ut; to pny a~~ rnsts. c~arges, and expenses, inc~uding jawyers lees and tif~e
searcl~es, reasona6ly Inc~ured or paid 6y tf~e mwlgagee because o~ f~?e lai~ure o~ the mo?fgagor to promptly
and ~ully comply with the agreements, stipulations, conditions and covenants oj said note and this mortgage.
o~ eifher; to pe~orm, comply with and abide 6y each and every fhe ngreemenfs, sfipu~atioeu, conditioru and
couenants set ~ort/~ tn said ~ote anc~ this morlgage o~ eitl~e~. ln tke event f~e mortgngor ~ni~a to pay when
due nny tax, assessmenf, insuranc~e p?emium or of~er sum of money ~ya6l~ 6y virtus of said note ~d th~s
mortgage, o~ eitker, the mortgngee may ~y ~he same. wit~out waiuing or af~ecting the oplion to (orec~ose
or any ot{ter ?Fg1~t hereurtder, and all sucl~ pnyrnenta shnl! 6ear interest /ro~n date thereoj nt tke higkest law-
~ul rate Ihen allowed 6y the Iaws o( t6e State o~ Florida.
nny sum of money tierein re(e?rec~ to be not prompt~y paid within 3~ doqi next nf ter
ll~e same becomes due, or ij e~tcl~ nnd euery tl~e agreeneenls, slipulntions, conditions nnd eovenants o) said
note and this mortgage, or eitF~er, are not )ully performed, complied with und a6ided 6y. lhen the entire
suM mentioned in snid note. ~d eh~ morlgage, or tl?e entire balance unpaid t6enwn, shall (orthwith or
thereajter. nt ~1~e option o~ tl~e mortgagee. 6ecome nRd 6e d~ and ~ya6l~, anything in said nole or 1~erein
to the contrnry noiwifhstanding. Failure by the mortgagee to exer+cise any of the ~ighb or options herein
provided sha~~ nof constifute a u~aiver of any rigF~ls or options under said note or tl~is rnortgage nccnied or
therea/ter accruing.
~n ~~~Q~ W~D`~ the said morlgagor has /~ereunto signed and sealed these presents the
c~ay anc~ yenr jirst a6o~~e ioritlen.
Signecl, sealpcl and delinered in t e pres ce o(:
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. ~__I~I. Y.ee
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STATE OF ~CX NF~T Y~R1C ~
COUNTY OF I~KII~R
I HEREBY CERTIFY that on this day, be(ore me~ an
o(ficer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowkdgments, penonally appearrd
Ii~ibert R. Lee aud Mae bi. Lee, his xife
to mc known to be the penon S described in and who executed the toregoinq instrument and they acknowkdged
beforc me that they ~:~cuted tht same. ~
WI7'NESS my hand and- o((icial seal in the County and State last aforesaid this ~~'v day of
r ME~}/ A. D. 19 'j0. f~
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~ . , . _ i iIVM. FLOYD RNET
' - . . : ::,F ;~hR P~r6De ~ tb~ '':.t: of N~w Y~el't
- ~ ~ - ~ - = •Appointed in ier County
- ' • - ~ , - ~ Cw~ssio~ Exy~.ea :~la?ci 30, 1~..~
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"lliis Inslran~a~~ prepared by: R u ~~t~
Ad~Jius 80DK~V~ PAf~~~3~
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