HomeMy WebLinkAbout2744 and ~hall perjorm, rnmp~y wtfh and ablde by each nnd ei~ery f~e ag?e~rnenb. a!lpu~altoni, condlliona and
rn~~e~ants thereo/, and oj Il~ts morlgage, then lhta mortgage a~d tl~s eitat~ I~en6y c?~nted, shnll cease, d~-
termtne and 6s null and votd. -
7U{R i~~ ~nortgapor he?wby jwi~er covenanb w~d a9?~s to ~r- ~o~~ly wh.n dy. ~h. ~n~I a.~d
interesl and olher si~ms o~ money provi~sd (or In snid ~ofe a~d ltiit rrtortgap~. or ~i1~K: to pay a~~ and
aingu~ar fhe faxes, assessmenis, ~evtes. I1a6tltties, ob~tgatto~s. and encum~~r+ances o~ ~nory nafure on ahid pro-
perty; to pe?mit, commit or su~~e? no wasfe, impai~men! or det~e~iorntlon o) ~atd ~and or fh~ unproutmenb
tl~ereon af any fime; to ~ppp the butldtngs now o~ herPajlc~ on aatd lond ~ully iruuned !n a swn o~ not ~eaa
than 1~pII~ leQLl~red
~n o company or companjes accepta6le !o the mortgagee, the policy or poltctei !0 6. held 6y, and papa6l~
to, said morlgages, an~ t~ f1~e event any sum o~ money becomet ~r~b[~ 6y vtrlue b~ tuch in~urancs t~s
morlga9ee sholl have fhe rtgl~t to recrive and opply tl~e aan~e to tla inde6tedness henby securod, aeeounfing
fo ltis morfgapor ~or any surpl~u: to pay a~~ cosb. charges, and e~rperues. including bwperi ~eet nnd tif~e
seorcl~es, reasona6ly Incu?red or pntd 6y the mortga9ee because o~ fh~ ~aI~ure of fl~s ntorfgogor to pron~ptly
arur (ully comp~y wilk tl~e agreements, slipu~ations, rnndittons nnd c~ovenanta o~ said nots ond ~l~ta mo~tgag~.
or eitl~er; to pe~o?m, comply with and n6ide by encl~ and euery !he agrsemenfr. al~pu~afions, c~onditiona and
rnvenanfs aet ~orf~ in said nots nnd f{~is mortgnge or either. /n ttis eaent fi~e neaigagor ~aiV to pay w~n
due nny tnx, asses~ment, insurance premtum or ot~er sum oj moner papa6le 6y vtrtue o~ sald rtote nnd t~b
mortgage, o~ eit{~er. f~e mortgagee may pny the same, without watvi~g or u~jecftng th~ option to jorec~~
or any other rigl~t herrunde~, nnd a![ sucl~ poymenls ~hall 6ea~ tntereat /rom date thereo/ nt t1~ ?~igkvst Inw-
~ul rate then al[owecl 6y !he iau~a o/ the St6te o] Ffo~ida.
,
~l any sum o~ money I~erel~ re(p?rec~ to be not proinpfly pat~ wittiin ~ dn7n nexf o~le?
Ihe same 6peomes due, or ij encl~ and every, lhe agreements, stipulations, conditions und c~o~anants oj taid
note ~d ~ht~ mo?tgage, or eitl~er, are no! /ully per(ormed, oomplied with nnd abtd~d by, then the e~tire
aum mentfoned in saic~ note, and l~is morfga8e; or t~e entir+e ba~anos unpaid t~onon. s~n~~ ~wf~wifk or
t~erea~ter, at the opfion o~ the ~norfgngae. 6eeo+ne and be due and paynble, nnything in aaid not~ or htntr~
to fhe .rnnlr+ary notwithsianc~ing. Fai~cu~e 6y ttie morfgagee to exe~rtse any o~ t~e rtg~b or options ~eroln
provided s~ea~~ not constilute a waiver o~ any rig~ts or opfions undet sald note or f~b mortgage a~c~ued or
t~erea~ler accruing.
~n ~iktness ~Il~hereof~ 1he sald mortgngor hw kereunlo signed nnd
, [ed thes~ pmenb lf~e
c~ay and year Jirat abot~e wrilfert. ~
Signed, sealed and deliuered in ~he presence o(:
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I STATE OF FLORIDA. - ~ .
~ COU:VTY OF 3'Y.
i i HEREBY CERTtFY ehat oa tlw dar~ be(ore me. an
~ officer duly authorized in the State atoraaid and in the County atorcsaid to take acknowleclamenq. penoaaUr appeared
~
~ 1Gennetb R. Dr~r and Srro~yn L. Dre~?, his rite
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to mc known w be tbe perwn/ dearibed in and who executed the [oreaoin~ instrument and ~y ackaowkd~ed
~ beforc me that t~ executed the same.
t Wll:'~3ESS my hand and ot(icul teal in the County and State tast afonsaid this a y~~ daY d
; 5~~.~Et A. D. 19
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3 CIERK G•~cCUiT CdURT
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