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HomeMy WebLinkAbout0672 ~ an~ shal~ p~r~urn~. ~~n~pl~ u~iti~ ~nc~ a~?ide by each a»d ei~ery fl~e ogreemenla. sltpu~alio?is. canditioru nnd cor~enanfs th~rewf, ar~d o/ fleis morl~a«P, IhPn Iliis murfgage an~ the Nstate hp~e6y createcr, sl~all ceaae, de- ~PIlRIlIP mi~ ~m ~~u~~ nnr~ noic~. ~ ~ln~ fhP mu~l~~a~or tienrhy ~url~rr covenanfs and aprees to pay prompfly when cJue Ihe p~incipol ond infPr~sl nn~~ olher sums o~ mon~y proni~Iecl for in sai~ note and Ihts morfgage, or eif{~er, fo pay a~~ and sinnular Ihe ta.r~s. nss~ssm~nls, levtes, lia6ilili~a, o6li~ations, and encum6rances oj every nalure on snid pro- perty: !o permit, commil or su~~pr no wasle, impairmenf o~ c~eferio?nfion o~ sai~ ~ancl or !he improvemenb ( l{~en•c~~ at any lime; to k~Pp ehP buil~in s nou~ or I~erea~l~r on said ~nnd fu«y i~sured in a sum of nat le~s } ~han the full insurable va~lue : , in a comp~ny or ~~ompani~s acc~ptable lo fl~e mortgnfl~e, tl~e policy or po[iciea to be helc~ by, ar~d paycible !o, saic~ morif~ag~R, an~ in fhe e~~enf any sum o~ mo~ey becomes payab~e ~,y uirlue o~ suc~ Insurance Itie morfc~ngPe s~arr r,a~.p I/~e riqhf fo r~c-ei~~e ancj Qpply tlee samr to ~i~e indebledness {~nre6y secured, accounting fo thc~ mo?f,qnno~ ~o~ any se~rp~ies; fu pay a~~ cosfs, ~~orpes, ancj expenses, inc~uc~ing ~awyer s f ees ant~ fit~e searc{~es. ~~asnna~,~y in~urre~ or ~a~d 6y ~hp morfgagee because o~ t~e (ai~ure o~ 1{~e mortgagor to prompl~y ancr ~u~~y romply u~ith thp a~?e~men~s, sfipu~alions, con~iiions ancl co~~enants o~ saicl nofe artcr I~iis mortgaee. or eif~~er: fo pPrJo?m, comply u~itl~ and a6ide by each and pne.y the ag~eprnenfs, sfipu~ations, condifio?u nnd coi~enanfs sef ~ort~~ in sai~~ nofe anc~ this mo?tgage or eif~e~. ~n !he ~venf ftie morfgugor fai~.t to pqy w~en due nny fax, assessm~?if, insurance premium or other sum oj mor~py p4ya6~ by virfue oj saic~ nole and t~is mortgage, or pil{~er, morf~a~~~c~ mny pay f~e same. withouf wniving or a~~ecling t~p op[ion to ~o~ecloae or any ol~er riq{~f F~er~uncl~r, and a1I such paymenfs sRaU bear interest ~rom ~ate fl~ereo~ at the higl~as! lacv- (ul rale 11~~n a~lou~i~1 i~y tl~~ 1a~ns o( IIiP $tat~ o~ I~lorida. 1~ anY sum oJ mon~y ~~~rein re~PnPlt IO ~e nof prompfly pait~ wil~in 3~ tlays nexf ajler th~ same b~~om~s du~•, or ij eac{~ ~nd ei~ery lI~P ~~~PQ~/IP/IIS, stipula(ions. i-onditions and corenanlr o/ snid nole nnc~ tF~is mortgaye, or ~it~er, arP not /uj~y per~ormecl, compliec~ wifh a~cl a6iclec~ tiy, ftien f{~e enfire sum mentionpd in said r:o(c, and Ihis mort~agp, or tl~e entire ba~Ctnce unpaid !leereon, sl~all )orthwilh or tl~erpa~ter, at fh~ option o{ thc~ morfgagee, beco~p and be due and payoble, anything i~ said note or ~erein fo fhc~ controry i~olei•i!/eslm~c~ireg. j'ai~ur~ hy !he mortgapee fo exerrise any o~ fhe rights or options herein provir~eK~ stin~~ not ~onstiluf~ n u+aii~Pr aJ any rights or options unc~er sai~ nofe or !{~is mortgage accrued or f{~ernaJl~r accruin~. ~ ~n f{~P saic~ r r ~ mo tgayo h~s heret~r~fo siqned antl sealptl fl~ese presents the c~a~ an~ y~ar ~irsi nho~~e inriffer~. $ignP~. SPQ~P(~ an~ ~PIII~P~P(1 in ItiP presenc~ o~: , , , ~ _ .,~..2<~::-~ C ~ . c - r ~ - - - _ - - - . - - - ~ . ~ ~ ~ M E. Morris - - - . • -~._r~L ' ` . Z/ ~ - - • - ~ - - - - Ruth A. Morris - - - - ~ . ~ . . - - - ~ STATE OF FLORIDA, ~ co~~:vrY o~ ST. LUCZE I HEREBY CERTIFY ehat on chis day, betore me~ a~ o(ficer duly authorized in the State a(orcsaid and in the Gounty aforesaid to tak~ acknowkdgments, personally appeared M. E. Morris and Ruth A. Morris, his wife, to mc known to be thc persons described in and who executed the foregoinq instrument =na they ~~knoM,kd~ed be(ore me that t.il@ytzecuted the same. N I7'NESS my hand and o(ticial seal in thc County and Sute tast aforcsaid this dar o( February A. D. 19 7~ ~ _ . . i1LED AND RECOROE~ ~ p~, ~ ~ St tUCtE COUNTY fLA. . . ' ~ ~ ~;r. aacE~ r~tiTRAS Notary Public, State .d~ ~14~~a CIERK CtRCUIT at Larg:e 'I 4' RfCdRO VER~FIED , ~ : o : x .r . . ~ 26 ~p ~ pH' ~ My commission Expi~ea ~i'~ ~ . ~Z c~';•.:;=.;,~-€:,.,.;;~..a~~ : ? ) •~L' . v Q 4 J~~.~` . ~ U ~ ~ V ~ ~}11s INSTR~Jr~CNT PI'~r1^r.~ r1V e~n•..,.~ II/IS IIWR/NIfJ!/ 7 /r'~ ~jy : CHARL-E-r' ~ ~ ~ .r~tS P~ l BROWN ~ ALO[RMA~~. l: L(~. BOX 1418 • 30f s e~N sT. /~l'('jlYj ~Ce' pL,pRIDA 33450 BQDK iV~ V~~ j r .ti...,.. _ . ~