HomeMy WebLinkAbout0769 nnd shall pe?jorm, comply wilh and nhide 6y ench and eaery Ihe agreement~, slipulatio?u, conditions and
coaenanls thereo/, and of Ihis mo?I~aqe. lhen Ihis mwfgage and tl~e estate hereby creafed, ahal! cease, d~-
termine and be null and ~~oid. ~
~ fhP mo?tgugor here6y Jiuther covenants and agrees to pay promplly w1~en due !he pri~cipnl nnd ~
interest nnd ot1~e~ aun~s o/ money provided /or in satd nots n.?d eh~ mortgage, or etthK: to pey alI and ~
aingular fhe tn.res, assesamenla, levies, liabilitiei, o6ligalions, and encum6ronces of every nalure on said pro- ~
perty: fo pe?mit. cummi! or su~~er no u~asfe, impai~men! or deterio?ation o~ sa~d land or the improvements
therron at ony lime: to keep the 6uildinAs now or herw~~ter on .aid land jully insiued in a aum o/ nol le~s
fI?nn highest insurable value
in a company or rnmpanies accepia6le to tl?e mortgagee, the policy or policies to be held 6y, and pnyable ~
to, said mo?tgagee, nnd in the even! any sum oj money 6ecomes ~yobl~ by virtue oJ such insurance the ~
morfgagee shall hQ~e the right to rpr~ii~e a.id apply !he same to tl~e indebted?tess here6y securc~I, accounti~g
to the mo?tgagor (or eny surp~us: fo pny aII cosfs, churges, and expe~ses. inc~uc~ing ~awye~~s ~ees and tif~e ~
senrcties. rensonably incurrecl or paid 6y fhe morfgagee becnuan oj the fai~ure o~ thp morfgngor to prompf~y ~
~ anc~ fu~~y comp~y wif{~ the agreemenls, sfipu~ations, contritioru and covennnfs o~ sai~ note ant~ ftiis mortgage.
or eit{eer: fo per(orm, comp~y u~ith nn~ a6i~e by eac/~ anc~ every ttie agreemenfs, stipu~ations, condifioru nnd
I covennnts set ~orth in snid note and t{~is ?nortgage or eitl~er. In the event the mortgagor /nils to pny when
due any tnx, wsessment, insurence premitim or ofl~er sum oJ mon.y ~xiya6l~ 6y virtue o( said note and tl~is ~
mortgage, or eilher, the morlgagep may pay the same, wit~ou! wai~ing or o~jecting the opfion !o Joreclose ~
or any other rig{~t hereunder, and all such puymenls shnll 6ear interes! ~rom date fl~ereoj at the I~ighest Inw- ~
(ul ~te lhen allowed 6y tl?e Iau~s o( 1he State of Floridn. ~
~ lL any sum o~ money tierein re(Prred !o be not prompt~y puid wilhin ~'~ifteen(15) t]ays next ajter ~
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fhe snme becomes due, or i/ eac~ and ei•ery 11?e agrpements, slipulntions, conc~itions nnd cove~nnts of saitl
~ note and this mortgnge, or either, are not /ully pe?~ormed, complied with and a6ided 6y, then the enfi?e
sum mentionet/ in saicl note, nnd this mortgage, or the entire ba~nnce unpaid thereon, shaU ~orthwith or ~
lherea~fer, af ttie option oj f~e morfgaflee, become and be clue an'd pn~?able, anything in said note or herein
to fhe contrary notwiftisfanding. F'ai~urp 6y ttie mo~fgngee to exer+ciae any o` f~e rig~ts or optioru ~erein ~
I provided shn~~ nof constifute a u~aii~pr o( any rig~ls or options unde~ said note or this morfgage accrued or j
f~erea~ler accruing_ ~
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~n ~~111Q~ ~~~1~ fl~p said mortgagor {~as {~ereunto signed and spaled these presents the ~I ~
day and year ~ir~t abone ~vritlen. I ~
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Signec~: cenled and dplii~ered in the presence o~: !
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; ~ RGBEltZ~_ . P" LLIPS-~ - -
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~ ~ ALICE ~i. PN:ILLIPS ~ ~
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~ 1 STATE OF FLORIDA, ; s
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a CC)U'NTY nF ;•ie1RTI;~ ~
~ i I HEREBY CERTIFY that on this day, Fxtore me, an ; -
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o(ficer dul~ authorized in the Stat~ a(orcsaid and in th~ County afor~said to tak~ acknowhdgmentt, p~rsonally appeared ;
~ I~ ROBEKT J. P~iI:.LIP~ and r1LICE t~?. PHILLIPS, his wife ;
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~ to me known to b~ the penon g d~scribed in and who ex~cut~d the (or~qoinq ~nstrum~nt and t'I1@y acknawledq~d i
~ brfore me that tney ~xecuted the same. ~
~ " ~~'ITNESS my hand and of[icial seal in thr County and State last afor~said this ~ dsy of ~ -
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; .;anuary A. D. 19 72 • . t ~
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~ ~I k~, ~c~pROE~ ~ ~fy Cor~s~ission ~;xpires: ~ . . , i
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