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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 ~ f 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_ ~ } ` ~ ~n ~~111Q~ ~~~1~ fl~p said mortgagor {~as {~ereunto signed and spaled these presents the ~I ~ day and year ~ir~t abone ~vritlen. I ~ i ~ ~ Signec~: cenled and dplii~ered in the presence o~: ! _ . ~ ~ ' ~ ~ ~ = ~ ~ : . . . . ~ _ ~ ~ ; ~ RGBEltZ~_ . P" LLIPS-~ - - . - i ~ ~ L~ ~ ~ ~ •--t1.L.t..F~--- - -t7.l..s.:(.:Lt1.3..u1.-~-~----- ~ ..,~[.--~---~-~t~`L~' ' ~ ~ ALICE ~i. PN:ILLIPS ~ ~ i I ~ . - - - . _ - - - ! - - - . . s i ~ ~ ~ . ~ _ . - _ . _ . _ . . . - - - _ E ~ ~ , ~ ~ ~ ~ i ' ; ~ 1 STATE OF FLORIDA, ; s ~ ~ ~ ~ ~ a CC)U'NTY nF ;•ie1RTI;~ ~ ~ i I HEREBY CERTIFY that on this day, Fxtore me, an ; - ~ ~ ~ t 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 ; ~ ~ ~ . : ~ 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 ~ - ~ ~ ; .;anuary A. D. 19 72 • . t ~ ~ i~ . - , . ~ : ~ ~ .~i.l~._.__..~. .~e.~.;~.1.. , . . . - _ . 4~ - - - ~ ~ - hotary Puk,lic i y ; ~ ~ ~I k~, ~c~pROE~ ~ ~fy Cor~s~ission ~;xpires: ~ . . , i I~ fItEO A GOJMTY FU- ~ { St-IUC~~ • Roc•< •a~?s x • , CtERr, C! ~CU!t CoURt \ ' P fr~R, .r~ f ~ _ ` ~ P~ ,'t ' - J~ 31 ?t . , y3 1~ ~ ~ / ~ . ~ ;j ~c:2~~1~ 3 „ _ - ~i soac 1~ ~ ~ ` _ - _ . . _ . ~ -