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HomeMy WebLinkAbout1637 anr~ s~~a~~ p~~~jarm, romply u~i1R an~ abiae ~~y eacti nn~ PI~PIy fhe agreamenls, sNpu~atioris, condilions and M~~pn~nfs Ih~~ew~, and o( Ihis morfna~e, then fhia morfga{~e and the pifofe {~ere6y c?eated. shall cease, d~- iPrmitlP O?!Q ~~P I111~1 (1?1(~ i~0i(~. ~ Il~ Ihr mo~fga~or ~~emhy (u~lher c~o~~enanfs anc~ agrees fo pay prompl~y wtien c~ue fhp prtncipal und infernsl anc~ ol~er sums o~ money provi~e~~ ~or tn satc~ hole and fhis mo~lgage, or eifhe~: fo pay a~~ and stnnu~ar f~e la.r~s, ass~ssmenfs, ~ei~i~s, Itahilifirs, o~~tpafions, and encum6mnces oJ every nature on tatd pro- parfy: fo permil, commit or su~Jer no u~asfe. Impairment or delerioratton o~ said land or Itie improvemenl~ Il~Prr~n al ~~~y 1ime; to I~vPn thp huildinn: nou~ or f~ernaJt~? on ~aid land ~ully insurnd in a aum o/ not INSs ~h~~~EIGHTY THOUSAND DOLLARS (~80,000.00)----------------------------- in a i~om{?nny or com{xinirs ncc~pfa~~~e fo 1{~e morfpan~e. Itie po~icy o~ policies fo ~?e hpld 6y, anc~ payable !o, s~i~ moHpaqe~. anc~ in fhe ~~~ent any sum o~ money becomes naya6l~ by virtue o( ~ucti truurance Itis morfga~er shal! ?~ai~p the riflht to ~M'PJI~P anrl apply f<<e ~ame to the indebtedness here6y secured, accounting fo fhp morlgagor ~or any surplus: to pay a~~ rosts, c{iarpes, ar~ expentea, including ~awyer~~ ~ee~s ant~ flf~e c~•arrti~s. rP~sona~~~y incurrec~ or ~wic~ hy Ihe morfgagee Pel'OI!!P o~ t~e ~ai~ure o~ ihe marlgagor fo prompf~r. anc~ ju~~y i~omply u~i1h the agre~emPnts, sfipu~nlions, conc~ilJons ane~ covpnanfs oJ said nete ond t{~Is morlgage. or eithrr, fo ppr~orm, comply u~i~h and abide by each and ei~pry !he agrcrements, sfipu~nfiont, conc~ilions and ro~•enants sef lo~f~~ in saic~ noie and ihis morfgaAe o~ either. 1n f{~e even! fhe mortgagor ~ai~s lo pay when c~ue any lax, nssessm~nt, insuronce? premium or olhpr sum o~ money paya6lp 6y rirlue o~ saic~ nole anc~ Ihia mortgnge, or eil~~er. Ihe morfgagpe m~y ~y 1~~e same, u~ifhout u~aivinq or aJ(ecfing 1{~e opdion to ~orecloae or any ofl~er ~i~J~f I~PrPUn~pr, nn~ al~ s~~cl~ pay~ents shall bear interest (rom dale fhereo( at tl~e 1~I~heat ~aw- (u~ mte ih~n AIIAIDPII ~V f~p ~a~rs o~ ttiP $tafe o~ F'~oric,a. ~l nnp sum u( mon~v ~PfPI?1 re~~rrec~ lo ~e not prompf~y pai~ wilhin tihirty dnys next a~ter ~lIP SQfltP ~PfOIIiPS ~IIP, O~ if l~QfI1 llfl~ Pt'P~y I~P U(~fPBII1PIlI3, slipulations. conal~l0/IS AR~ c~oi~ennnls O~ said note and Il~is morfga4~e, or either, are nof (ully perjorntetl, complied wifh and a6~d~1 6y, then tl~e entire sum ?nentioned in said nole, ancl this mortgage, or fhe entire ba~nnce u~paid tl~ereon, sha~~ (orfF~with or tl~erpafler. ~t tl~~ option o) Ihe mortga~ee. 6ecomp and 6e due and para6le, anytl~ing in said note or herein to Itie conlmry noftnithstancling. ~=ailurp ~y 1~p morfgapee fo exercise anp o~ f~e riqtifs or opftons he?ein pro~•i~ec~ stia~~ nof conslifule a u+ain~r oJ any righfs or opfions unc~er saicl nofe or f~ts morfgage accruec~ ar Il~ereaJf~>r accruin~. ~n ~itness ~h~01~ tl~e sai~ mortgn,qor has hpreunfo signpcl anc~ sPaled ehese presents Ihe ~~y anc~ y~ar ~i?sf A(~ol•P u~ritfen. Sign~~. sea~~ an~ c~p~i~~erpt~ in t~~;~respnc,t o~: ~ } - ~ ~ ~ ~ - ~ ~ . 7r . _ J~. ; ~ ~ ~ - . ~ . . . - . - . _ Kenn th T. Perona , . . . , . _ . . - - - - ,t . . . - ~ - - - - . . . ~ - - - ~ ~ - - ~ ~ ~ - _ . . - - _ . i ~ ~ ~ ~ ST~TE OF FL(IRIDA, ~ ~ G(ll'\TY nF $'j' . LUC I E I HEREBY CERTIFY that o~ this day, be(nrc me, an o(fic~r d~lp authurized in the Stat~ a(orcuid and in the County aforesaid to tak~ acknowlydqmenb~ pcnonally appearcd KENNETH T. PERONA ~ to mr known to br the person d~uritxd in and who ea~cuted tAe (or~QOinq instrument and he acknowkd~ed ~ beforc me that he ~xtcuted th~ same. ~ N'il~\ESS my hand and o((icial seal in the C:uunty and State last a(oresaid this day of ~ I October D_ 19 7O. •i~ ~ , ~I~ltllp/r~::: ! RECOROED~ "~~t"`J. .l.,~C~c/.. , . _ ~s- ~ F~IED AND I ST•. ~UCiE COUNTY. FLA. NO a s'.~~ .r_pp„ , F~~F,F TARY BLIC, State of ~ ' i n Large. " . , , -7"~`-~~'~ oz ~ ~ , ~:~~•~{~1 My commission expires v ~ f ~J 7 [1 ~j . ~ , ~ i 10 OCt 7 ay p . • ~i . • ~ ~ ~ ~ ! . 7 , 7 I % ~`r r ~ . ~ , ~ ~ •,r ~ ~ ~ CLE~~GE_R ?'OtTRt.$ ` t;.t.x.~.~. ~ RK CIRCUIT COURT~ ~ ~ ~ 17ns /?u/rriinrn~ prrlxrre~l by: n~~~~~ e oK 1$7 Pac~ 1637 - -