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HomeMy WebLinkAbout1560 ~nc~ s{~a~~ pe~~orm, comp~v u~ifh an~ ~bi~e by each and enery t~e agreements, s1lpu~attons, condifio~t and cooenants ~he~eaJ, and of this morfflagt?, tl~en thts mo?t~ape end the eitats here6y created, ahal! ceasa, de- fermine nnd be null and roi~. ~ ~ fhp morlganor hen~6y (urthe~ rn~~enants and ugrees to par promplly when due the pNncipnl und tnte~rsl and ot~?e~ sums of money proaided for 1n sald nofe and thlt mortgage, or eit~er; to pay a~~ nnd stngu~a~ fl~e fa.res, nssessme~ts, ~evtes. ~iabi~ifies. ob~igatians, and encumbrances o~ every nalure on said pro- perty: to permif, eommif or su(~e~ no u?aste. impai~ment or deferiomlion of aaic~ ~and o? fhe improuemenb Iherrcn al any fimP; fo Irc~p tl~e tiuilcli~fls now or {~erna(I~r on said ~anc~ ~u~~y Inswe~~ tn a sum of not ~ess t~an in a company or companies acce~pta6le to fhe mo?tgapee, the policy o~ poltcies to be held 6y, and pnya6le fo, sai~ morlgaqee, ana i~ Ihe event any sum of money becomes ~ya6l~ 6y airtue of auch insurance ftie moHgagee shall hae~e Ihe right fo receiiu~ and apply Ihe same to the indebtedness here6y secured, accounting to i{~e morfga{~o~ Jor any siuplus; fo pay u~~ c~osts, chae~es, ane~ expenses, inc~udtng ~awy~~s jee: anc~ fit~e searches, rensonnbly incq?rec~ o~ ~~d 6y thp mo~fgagee becaiue of 1{~e ~ai~ure o~ t{~e morlgagor to prompt~y nnc~ f u~~y rnmp~y wifh ftie agreemenfs, stipu~ations, conditio~s and rnvenanls o~ said note anc~ t~is morlgage. or eilher; to per~orm, rnmply will~ onrl a6ic,e by eac{~ anc/ every Ihe ngreemenls, sfipu~alions, rnnditions and rn~+enanls set ~orlh in said note and t{~is mortgage or either. In tl~e event lhe mo?igago~ ~aib to pay when due any tax, assessment, tnsurance premium or olher sum o~ money paya6le by virfue o~ sai~ nofe and this morlgage, or PIt~P~, !~e mosfgagee may pay Itie same, wif~ouf WQIVIRg or n~jecting . ttie oplion lo jorec~ost o~ any oll~pr rigl~t hereunder, and aI1 sucl~ pnyments shall betu inle?est ~rom dote tl~erro/ at the i~ighest law- (ul mte t6c~n allou•ecl 6y Ihe lau~s oJ the Slate oj Florida. sL any sum o~ mon~y tiernin ?r(erre~ to ~ie not promptly paid within c~ays nexf a~fe~ Itie same hecomes aue, or i/ each and euery ~he agreements, stipulations. conclifions anc~ covena?ifs o~ said note and Ihis morfpage, or eifher, are nof (ully perJormed, complied with and a6~d~1 6y, then Ihe entire sum mrntioned in said note, and ~h~s mortgage, or !he enfire 6alance unpaid theneon, shnll jorlhwith or Ihereajter, at 1he option oJ 1he mortqaflee, 6ecome and 6e due nnd paya6le, anything in said not~ or he?ein fo i~e confnnry noiwitl~stancling. Failure 6y fl~e morfgagep lo exerrise any o` the rig~fs or options ~e?eia pronic~ed sf~n~~ not consfifufe a u~nii~er oj any rights or oplions unde? sai~ nota or t~is mortgage acc?ued or f~erpaJfpr accruing. ~n ~D~Ll1~ ~~~1~ f/~e saie~ morlgagor 1~as I~ereunlo signecl anc~ sen~ecl these presents t1~e ~ay an~ year ~irst atiove u+rilten. Signed, seal~l ancl delinered in tl~e presence of : ~ ~ - - - -C--'----~'~? D-onald~~'n ~ tiri~ , ~ -c-l.~s /l.` • Gl-~-cZ Z--~ - - - .A . . ...a-~'`-.---~----~---------~ --~u~~i` Anh John o . - - - - - ! ~ - - - - ~ ~ - - - ~ ~ ; STATE OF FLORID4, ~ ` COL'NTY OF $POMIST't~ ~ I HEREBY CERTIFY that on this day, before me~ an ~ o(ficer duly authori:~d in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgmena, p~rsonaUy appeared ~ Donald D. Johnson and Ruth Ann Johnson, his wife to mr krsown to b~ the person$ described in and who esecuted the for~qoinq instrument and they acknowkdged before me that they cxccuted the same. ~ H'17'~ESS my hand and o(ficial seal in th~• County and Statr last a(oresaid this f~ day of ~ ~ r(8y A. D. 19 71. ' ~ `„~,.......~,;~j _ ~ d. U ES , ~ ~ ,-~;~-G~Lrria-,~c.~- ~ ~~:•.'N~, J~ . . .._i ' 1.•' :.~ri-: '~,~i'.' _ _ _ N State o1 Florida at Large ~ z p T q -z+., ~'s Nh? Exp+res ~une 26. 1973 ' ~ ; l~ ? Y. s~ Bonded b~? T?ansamerica Insurance Co. ~ . M~~f ' ; FI~EO aN~ RECORDEO ~ ~ ,;~i4~- ~ = ~ ; '~~.~4~- ; ST.IUCiE COUNir F~A. ~ ~ ~r~ ~p , ~ C ~j~ = ROCc? ?OITRAS CL ve'~ ~ C, ~,N.• f'~; CtERK Ci~C~IT COUti RECORO VERIFIED ~ r, ~ ~ ~ . f~,:: ~Y io Zz aM •z~ ~ ~ ~~2 ~ ~ ~ "!7„f hwn,»,~»I prrfurrrcl hy: ~ : ~,i,~nu ~ aoo~ i5~i ~ Walte E _ ~vis 1M1~ INaTRUM[N! rREPA1~CD BY: ~ ~ ~ - A65TRAGT & TIl1E CORP. O!r ~(.A, ~ Z08 f. 2ND ST'. FORi PItRCE. rLO1lIDA ~ ~ , .r.~y~~^".~ ~ ~ ~ ~ y ~5 : ~'~~.<-:~-~~~-;-t ._3 . . - .,..z~. _