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HomeMy WebLinkAbout0881 an~ sE~a~~ per~orm, camply «~ilh an~ a{~tc~e ~y each an~I P~~ery IhP agreemenls, slipu~atio?u, condttions and coi~enants thernoJ, and oJ Ihts morf~a~e, ItiPn thls mortpaE~e and the eslate here6y ~rnated, shall cease, d~- tPrmina a?uI he null an~~ rai~r. n~ f~~e mo~lf~a(~or ~~emby ~urlRpr conena~fs and agrees lo pay promplly when ~Iue tho principal artd inf~rnsl anc~ ofl~er sums af money provlt~ecl jor in snle~ nole anc~ ttits mortgage, or etther: to pay a~~ ane~ ain{~li~ar fhP fa.res, ass~ssm~nfs, ~eni~s, ~ia~i~ili~s, ob~igafion~, anc~ encumtirances o( every nafure on said pro- perly: lo p~rmil. commif or sujJer no u~asf~, impairmenf or c~eferiorution oj aatd ~and o~ ttie improvernenb I~~rncn al cu~y lim~: fo ~PP~ IIIP 6uil~lin~s noir or herPajtcr on sai~ ~an~ ~ully Insiuecl in a sum of not ~ea ~~~n highest insurable value in a coinpany or c-ompani~s acc~pla~~~p fo f~ie mortfla{iee, ttie po~tcy or po~icfes to ~~e I~eld 6y, and paya6l~ to, said mortuagee. and in Ihe ~n~nt any sum oJ money 6ecomea ~ya6t~ 6y vt~lue o( such inaurance !he morte~a~ee shall h~~•p the ri~hl to r~ceive and apply the same to lf~e inde6tedne~s here6y securecl, accounttng to i~e morlpannr Jor any su~p~us; lo pay a~~ costs, cha~pes, anc~ expenses, inc~uding ~awyer s lees anc~ fit~ search~s. r~asuna~~~y i?icurn>~~ or ra~d 6y ~hp morlAap~e hecause oj fhe ~ai~ure o~ fhe morigagor fo prompt~y ancr (ully comply u~ilh ihe n~rPements, slipu~nfions, conclifions ancl covenanfs o~ said nole anc~ lf~1a morlgage. or eill~er, fo per(orm, rnmply with and nbide 6y each anc~ every Ihe agreemenls. ~tipu~attons, condiftons and cor~nanls.set (orl{~ in sai~ nofe and f{~is morfgage or either. ~n f~e event fhe mo?igagor ~at~s io pay when c~ue any lax, assessm~nf, insumnct~ premium or othe~ sum of money paya6le 6v uirfue oj ~aicl note ~d ~hr: mortgnge, or Pit~~Pr, f~~e morlgafl~~ may pay f~e same, wittioul u~niofng o~ a~Jecfing !he optlon to ~orec~ose or ~ny other ri~l~t I~Prnund~r, and all such payments shall bear intereat from date thereoj at t{~e htgheat law- ~ll~ ?q~P 1~1Pf1 A~~011'~(~ '~V ~~~P ~At1~3 0/ ~hP SIOIP o~ Florida. 7l a~~y sum a~ mon~y ~~Prein re~Prrp~ lo tie nof prompf~y paic~ wiltiin 30 c~aya nexl a~ter fh~ same ~?ecom~s ~ue, or i( CAC~ ancr PI'Pry I~P Q~rPPII1P11I3, stipulalions, rnncliftons anc~ covenanla o~ said nofe an~ Itiis mort4~aqe, or eifher, nre nol Ju~~y per~ormec~, comp~ie~ wil{~ and o6~ded 6y, !{~en f~e enfire sum IIIPIIIIORP~ in snid not~, and t{~is mortgage, or th e entire 6olance unpaid tber+eon, sl~nll (orthwifl~ or ''i d~ereaJler. at th~ oplion oJ 1he mortgaflee. 6ecome an~I 6p due and payable, anytl~ing in aaid note or heretn + fo f~~ conimry riol~rifhsfanc~ing. f'ai~ure ~~y ttie moriflagee fo exercise any o~ the r~g{~fs or opliona kereln proricrec~ s~ia~~ nof fO~1St1IUIP n u~aic•er o~ a?ry ri~{~fs or oplions under saic~ note or f{~is mortgage accruec~ w ttiprna f f~~r Rccruing. ~n ~~~Il~ ~~e~~l~ tlu• sni~ mort,qa,qor {ens hpreunlo si~ne~ nnd sealed IF~ese presents t{~e ~ay a?~~~ yenr ~irsl aI ~rrif Sign de d.i Ihe presPnce o~: , - ~ . . . : . _ . ; r D. Collam . . . . ~ V. o e Collom I , . . . _ . . . . _ _ . . . . - i , I ` . _ _ _ . _ _ . . _ . - } f i ' ~ F STATE (~F FLORIDA, ~ ~ C(~['~TY c~F 9r. L(~IE I HEREBY CERTIFY that on this day, before me. an ~ i o(fi~cr dul}~ authorind in the Statr afor~said and in th~ County a(or~said to tak~ acknowledRments, penonally appeared EAIti. D. COLL(~! and V. JOYCE COLLOM, his wife, to m~• krtown t~ hr th~• prrsong dexri~d in and who ~x~cutrd the foreqoinq instrument and t~Y acknowkd~ed betur~ me that tihEl/ e'xccuted th~ sam~. VI~'1TNBSS my hand and official seal in th~• County and Statr last afores~id this '3~St - day of ~p91~ A. D. 19 71 ~ _ • " f) . ' . ' . 1 ~ ~L'~ ~ . . ~ ~'1 ..._._...l..... - - 4 r-~- ~ ~C . , Y•;..r ~ - L~ ~~E~ )ei0E0 Notary Pubfie, State of Fiorida at Largt • ; f1LEU `E ~~,~~TY F~~• ~ ~ St• ~06E~. Fu:SRRS 7 ~Y Comm;ss~~n Eap~res SeAt. 1~ 19Z1 ` * ~IE."vUlt COUit ~ ° , ~.ti" . CI~FVf':tF1E0 ~ ' ` ~ ;a ~~;i. aErOaD ~ . .';~;;L . _ PM'~1 ~ .:r~"~ Z ~ Ol ' . ' " SEP ~ ~1~9 ; _ _ d00K 195 PACE 8~9 ~ !liis /ns~nrm~~r~ pnp~,rrJ hy: - . Ad~l~-u . ~ - - -