HomeMy WebLinkAbout0161 an~ sha~~ pe~form, comply u~ilh and abide by each and e~~ery I~s ag?e~msnls. ~Upu~aftont, condittoni ond
c~o~~enanls therc•oJ, and o~ tl~ts mortpaAe. lhen Il~ts ~nort~a9e and ths situt~ I~eroby cwatsd, shall ceas~, d~-
Ie?mine and 6e null nnd iw~~l. ~
~ Ihp morlgaflor hea+6y jurthe~ coue~antt and agrees to pay prompfly when du~ !he pNnclpa! and
inle~r~l and ofhe~ sums of mo~ey proi~ided lor tn said nole and Ihia mortgag~, or eit~K; to pny a~~ and
atngu~ar ftie taxes, assessmenfs, ~autes, Iia6iltfies, o6~igations, ond encum6ranc~ei o/ every nature on suid pro-
pe?fy; lo permtl, commif or auj~er ~o wasle, impni?ment or deterioration o/ ,atd lo.~d or fhe tntprouemer~b
Ihe~rcn af any time; to kapp 1he 6uildtngs now or he?ea(t~~ on ~atd b~d /ully tnsured in a sum of not ~su
Ihan HIG~ST INSt~t11HIS V11I~ .
in n rnmpany or companiea accepta6le fo Ihe morfgagpe. !he poltcy o~ pollcies to 6e held by, and payobl~
to, said morlpagee, an~ in t~e eve~t any •urn of money 6ecomes ~yabl~ 6y viNue o~ iuch insurance t~e
mortgage~ s1~a~~ 1~ave ftie right to receive and npply fl~e same to fhe tndebtednes~ hereby secured. aceounttng
to the mortpa~o? (or anq aurpliu: to pay all costs, cha?ges, and expenses, tncludi~e lawyer's Jees and dfle
tearrhes, ?easona6ly incu~l or poid 6y the morfgayee because of fhe fai~ure o~ ftie morfgugor fo promplly
a~ fu~~y c~omp~y wil~ Ihe agreemenfs, stlpu~alions, rnnc~ifions and rnvenunb o~ said note and this morfgage.
or etfher: to ppr~orm, rnmply witl~ and a6ide 6y eacl~ and every ltie agreementt. tttpulattont, oonc~iltona and
rnvenanls set jorth in said nofs and tl~ts mortgags or eilhar. In !he event ths morfgagor fntls to pap when
du~? any tnx, asaessmenl, iasurance premium or ofher sum o~ money pnyn6le 6y vtrlue o~ sai~ note anc~ t~is
mo~tgoge. or either, I~e mortgugee may pay t~e aame, wFfhout wntuing or a~fecfing fhe option fo .~orec~ose
or any other ?igRt herrunder, nnd all such payments shall 6ear intenst lrom date thereo) at tl~e I~tgl~est Inw-
(ul rnte lhen allowed 6y the lawa o/ tl~e State o~ Floridn.
nny sum o~ money f~erein re~eared to 6e not promptly pnid wtthin ~~Y days next a(te?
Ihe same bec~omes due, or ij each and every the agreements, stipulations, eonditions and eo~ennnta oj said
note anc~ fhis mortgage, or eit{~er. are not ~u~~y per~ormed, comp~Iee~ wifh ane~ a~ided by, f~en !~e entire
aam mentio~ed in snid note, nnd fl~is morlgage, or the entire balanc~e unpaid ther+eon, sholl (oril~witk or
i6erea~ter, af tl~e option o/ the mortgagee, 6ec~ome and be due and papa6le, anytl~ing in said note or 6enin
lo t~e cont?nry nolwiltistan~ing. Failure 6y ~I~e morfgagee to exercise nny of the rtg~fs or opltoru henin
provided a{~a~~ nof consfilute a wainer oj anp rig~fs or options under snic~ rtote or f~is mortgage nccrued or
ltierea)ler accruing. ~
~n W11~[~`~ the said mortgagor has heneunto signed und sealed lhese presenls tht
~ay and yenr ~irst above writlen.
Signed, seale~l an~I deli~~erec1 in f~e presence oj:
. ~j~
G~''i- u~ i t-
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_ - - - -liil2ia~ ~1~. l~tiflipp. .
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- iii~area i?. ~bilipp
. --------------------------~--------------~~f3~~9~~-----------------
FQEO A110 R~EcpR EO -
- -------------~-----..__......_.-~:-l-llCtE-CM~1`Y~IC'-•-----------------~
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ROCER POITR~f
RECORO YERIF~fO C~....
' ~ - tVo~ ~ 2 ~r PH'1fl
; ~ STATE OF FLORIDA, ~
~ COUNfY OF
k I HEREBY CER'I'iFY that on this dar~ be(ore me~ an
r
~ o[ficer duly authorized in the State aforesaid and in the County aforesaid to tat~ acknowkdamena~ personaAy appeated
( WILLI7~lI P. PHILIPP aad l~IIIDRBD 71. PHILIP'P, his v?ife,
i to me known to be the person8 described in and who e:ecuted the Eorcgoin~ instrument and acknowkdaed
i be(ore me that thAY executed the sama
i
~ WI7'NESS my hand and official seal in the County and State last afore:aid this '«1 day ot
~ 4
~ Z10q?~, A. D. 19 70~
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~ Q.;• t;p T A R y N : - - ~ - - - - -
; , ,r%~'~-: : = t~1y Co¦eissioad 8xpirea:
~iLi~A~: =
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~ : A r~„ ~ Netary Pu!+!ic. Stzte bf 'Derida st L~rg~
v .i.
'~'::i~~l-~ . '~y Gcmr~:ss~ar ~a~nes Sept. 1. 1973 ~
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~ I~iu I?xarumcrrr p,rpa,r~ by: ~C~
~ Addir~r Nalte~ E. Davis 600K 188 PAGi V
~ ~ f TNU INiTqUMpY~ PREPARED eYt'
~ ABSTiZACT Q TI71.E CORP. OR ~(.A,
~ soa a. ZND ST, FORT pl[RCt. /(,pR~~
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