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HomeMy WebLinkAbout0840 ~n~l shal~ p~•r(urm, i-ump~y ioitl~ and AOl(IP by each aucl ri~~ry tl~e ngIPP1?lPIlIS, slipulatiu~is, ronditions and ('QI'P!1(lI1~S ~~Il'!~'O~. A1lQ O~ ~~IS morfqage. ~~PI! ~~IS 1110r~~11~P 11?1~ ~~P PS~Q~l~ ~PI'P~y ffPQ~~. S~Q~~ fPO3P. ~FfR11fIP (111~ ~)P ~lU~~ Ofl~ !'Oltl. - Iin~ t~P muNya~or h~mf,y ~url~e~ co~~~nanfs nnc~ agrees to pay prompfly when c~ue fhe principal and inlen~sl a?id other sums o~ money pro~~iclcKl jor in sait~ ~ole and Ihis morfgnge, or eilher; fo pay a~~ and singular t1~e tnxes. ~ss~ssmPnts, I~i~ies, Iia6ililies, o6li~~tim~s, and encumbronces o/ ei~ery nalure on said pro- perly: lo permif, commif o~ su~jer no wnsl~, impairment or ~eferiorotion o~ sai~ ~and or Ihe improvet?te~ls I~~prnc~n al any lintn: to ~PP(! (IIP ~~ui~c~inc~s nou~ or hema~fer o~~ sai~ ~an~ ~u~~y inu~re~~ in a sum o~ ~ol ~ess than its insurable value in a i-ompany or compani~~s (1CCP~)~A~~~e (o Itie morlgage~, !he po~icy or po~icies fo ~~e he~~ ~y, and paya6le i fo, sni~ morl,ya~~p. an~ in th~ enenl any sum oJ money be~~omps payabfe by rirtue or such insurance Ihs ~ mort~aqee S~QII ~111'P the riqht to ?Pl'PII~P anc~ apply ~I~e snmp !o !he inde6ledness here6y se~ci~, arcounting ~ fo f~e mortgngor (or nn~ surp~ua; fo {xiy a~~ costs, ChQrQPS, and expenses, inc~uc~ing ~awyer~s jees nner tif~e ii sporcties, r~asonnE?~v inci~rre~ or pai~ hy Ihe morfpapee hecause oj the ~ai~urr o~ f~~e mo~fgagor to prompl~y I anc~ ~u~~y <•omp~y u~ifti IIIP Q{~~PP/?1PIII5, S~IPl/IQIlOI13, conclifions nn~ co~~nanfs oj said ?iole aud lhis mortgage, ! or eif~ier: to p~rf orm, comply u~ifh and ~bide 6y encl~ and ei~e?y f{~e agreements, slipu~afions, conc~ifions and coi~~nants spt ~orfh iri said natp ond this mo?fgnge or either. In the event the mortgagor faila to pay when duP a~~y tat, nssPSSmc~nt, insurance premium or oll~er sum o( money pnya6le 6y t~irtue oJ said note und this mort~age, or eil{~er, fhp morfyngPp mny poy f{~e same, withouf wniving or aJ~ecfing the option to ~orec~ose or any olher riqht her~under, and all such paymenls sl~all 6ear intprest (rom c~ate fhereo~ at ihe hig{~est ~aw- ~UI fA1P ~~1P/1 Q~~Otl~E'~ ~)V ~~IP ~A11~3 O~ ~~P S~Q~P o~ Flori~A. ll any sum oJ mon~v herein rn~errt~ to he not prompt~y paict within thirt_y aays next a~ter ~ t~n same ~~com~s ~ue. or i~ eacti anll PI~P?',y ~IIP agreemrnls. slipulaiiuns. cu+u~itioi~s anc{ coi~enants af sait~ nofe and tF~is morl~nc~e, or either, are nol ~ully perJormed, complied with and ab~dPd 6y, Ihen Ihe entire sum menlior~ed in said notp, an~ this mortgage, or the entire 6alnnce unpaid thereon, sF~a~~ jort6with or tl~ereafter, a1 tti~ oplion oJ the mo?tgngen, become and 6e due and ~ya6[a, anqtl~infl in said note or 1~erein to IhP contrary nolu~itl~stnnding. Failure hy ftie morfgnge~ to exercisa any of the righls or opfions herein pro~~i~e~ sha~~ nof conslifutp a u+airer o~ ariy rigtits or options unc~er saic~ nole or ttiis mortgage accrued or f{~ere~jfer accruing. ~n ~~tn~ ~hereof~ the said morfgagor has herPUnto siynPd and sealec~ these presents the ~~a~ anc~ y~ar jirst A~OI'P u+riffen. JiyI1PA. SP(~lPd anA delu~er~ci tn the pres~nr~ oj: ` - ~ V ~ - . 1 - - ~ . . . , - - - - r 'll'e Clarenc n r . ~ - - ' ~•~u--.-.--.-------Q~ - . - ~ ~ ~-~~~~~~9 . - ~ Barbara Je n Ponder ~ ~ - - _ . . - . . . . _ . - - - ~ K - . . - - - - . . _ . - . ~ ~ 6 ~ ~ ~ ~ STATE ()F FLORIDA, - ~ 2 ~ C()l:\TY ()F ~ ~ , ~ ~ ~ I HEREBY CERTIFY that on this day, be[orc me~ an ~ ~ olficer duh- authuriTed in the State aforesaid and in th~ Countq a(oresaid to tat~ acknowledqmenu, ptrsonally appearcd _ ~ iWillie Clarence Ponder and Barbara Jean Ponder, his wife ~ ~ - b5 to mi• knuwn to be the prrsonS described in and who executed the lor~QOinq msirument and t ey aektawkdged ~ ~ br(on• me that they~xc~uted the sam~. \~'I7 \ESS nn- hand and o(ficial s~al in th~• (.uunty and State• last a(orcsaid this 6th day o~,_; ~~v f Jllly A. D. 19 71. :;;f'~ z - ~ \ c •:s : , )C.JL-L J CL ~ l`^ . I ~ .~ol {c~ =.a . ."......"_"'_'_"_...J~." - ~ Notar Public ~ ~ ~;;r - ~ y . _ i - . My Commiss ion Expires ; - ; ; IqiM'r PUdIIC. STATE d FLORIDA IR U1~ C - ` ' M1( COMMIS,iION EXr~...i DEC. Q. 197~' , _ ~Y TMAY MAY?II~R~ NMWtM A~iM~ . ~ :~`-,1 n 1,4n C4RDE0 _ f1LE- E COUMTY FLA. Sj.t'JC : r,~ISelAS ~t~"~' - -'.~~t COURT GtERK ~ ` : ~EO - Rf.Cn~~ Y : ' s r r~nrul rc- nr'd h~: 8 ~Q 2S 1~ l l~c Ins! r ~ ~ ~ Z U R n " _ ~ .1 JJrcx~ ~f ~ B(Y811, ~f. 800K ~t~~ PACE ~ + P o. Box 323a 2~1038 fort Pisrca, FloriG~ . . . . ..,.r~