HomeMy WebLinkAbout1435 an~ sha~~ per(orm, romply u~itl~ and a6ide by euch und e~•ery the agreements, stipu~aliorit, conditions a?~
co~~enanls lhereo(, a?u~ o~ thi~ mo?I~~a,ye, then Il~is mwfgnge and the estnte I~ereby c?eated, sha« c~ue, de-
te?mi~~e and 6e nu~l an~ i~oirl.
ZLI~ IhF rnortgn~o? here6y (urlher coi~ennnfa and agrees to pay prompl~y when due ftie principa~ aner ~
inferesl anc~ of~er suma o~ money provic~ec~ ~w i~ snic~ note and Ihia morfgage, o? eil{ter; to pny a~~ artd •
atngula~ the fa.res, assPSSmPnfs, ~ei~ies. ~ia6ilities, ob~igntiona, and encumbrances oj every nnture on taid pro- ~
perfy: fo ~ermif. commil or su~~er no u~aste, impnirment or deferiowlion oj aaid Iancl or ttie improvemertb ~
thprrcn at ariy limp; to k~ep the huildin~s now or l~e?ea(1er on ~aid land jully insured in a sum o) not Iess i
than n i 1 ' ;
in n com~ny or com~nies accPpta6~e to Ihe mortgagee. fhe policy or policiea to 6e held by, ond paya6l~ ~
fo, sni~ murtgagee. ancl in f~e event any sum o+• money becomes Paya6te 6y virtue oj such insumnce t~~ 1
~no?tqn~Pp sf?nll I~ai~e ~hp riqh! to ?P('PIl'P and npply tl?e sume to tl~e inde6tedneas here6y secured, accounting i
lo ihQ mortgac~or ~or nny surp~us: ~o pay a~~ costs, ctin~ps, un~I expenses. inc~uc~ing ~nwyer~s jpe~ and fif~ ;
~earc{~es. rNasonahly incurrec~ or ~xi~d 6y the mortgagee because oj tRe ~ai~ure o~ ftie morlgogor fo promptl7r x
an~ ~u~~y comp~y u~ith f~e agre~ments, sfipu~ations, conc~itions and co~~enants o~ saic~ note and f{~u mortgnge. ~
0/ PlI~P~: fo pvr~orm, comp~y u~ifh anc~ abi~e 6y encf~ anc~ et~ery fhe agreements, ifipu~ations, rnnditions nnd
covena~ets set jorlh in said note and tl~is mortgage ur either. In tl?e event ehe mortgagor ~uil~ to par when
due any tur, assessme?if, insurance premium or other sum o/ money payabl~ by virtue o/ said nole ~d ~h~: ~
mortgape. or eitj~er, fhe mortgagee may pny ftie snme, wifhout wai~ing or a~(ectinq the opfion to Jorec~os~
or any ot{~er rig~t h~?~wider, and al1 suc-h payments s1~aU 6ear interest (rom date thereo~ nt t1~e ~igl~est ~aw- f
(ul rnte f1~en alloivecl h~ Ihp lau•s o~ ttiP State o~ Florida.
ll nny sum o~ monry I~erein re(erre~ fo 6e not prompt~y paid u~ithin 3~! daya next a(ter ~
ttie same 6a-omes c~ap. or i~ each one~ PVPry I~P agreements. stipulations. conditions ane~ co~ennnts o~ said ;
note and tl~is morlgaqe, or eitf~er, ure not jully perJor?necl. complied u~ith and a6~ded 6y, tl~en fhe entire ~
sum menlion~ in said note, and this mortgage, or tke enlire balance unpaic~ therron, s1~al~ ~ortl~u~ith or ~
thereaJter, at tl~e option o) ehe mortgagee. 6ecome and be due and paya6le, unything in said note w herein
to t~e~ cont?ary nottoithstanaing. Failure hy the mortgngee to exercue any oj the right~ or options ~erein
pro~°ic~ec~ shall not constitute n u~aii•er oJ any rig{~ts or opfions under saic~ note or t{~is mo?fgage accrued w
ftierea~fe•r accruing.
Dn ~~LIl~~.7 ~IKIL~`~ f~~~ saicl morfgagor {~as hereunto siqnec~ anc~ s~wlee~ fhese presenfs f~te
~al an~ Vpar ~irsf atioi~ rt n
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~ ~gf1P~. •Sf'Q~ ,i~ P~ll lft Ih ~ presence 0/: ~
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~ $TATE OF FLOR1DA,
: Ct)l'\TY (1F S . ~.:'C=F
~ 1 HEREBY CERTIFY that on tAis day~ beforo me, an
~ o((icer duk authorized in the Statr alor~said and in the County afonsaid to tak~ ackaowkclRm~nts, personaUy appeared
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~ ,~t.~3:.h~ J`.,'~i_'._..~.i~ d:--• ~:,LtJ 5~.:~:~~~ -._S
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to mr known to br the pe•nonc d~scribed in and who ea~cuted the for~¢oinq instrument and _ 7 acknowkdRed
~ befure ~ne that t it:~}' ~x~cuted the asme. ~
~~'I~:\ESS my hand ai~ official seal in th~• Count~• and Statr last afansaid this d=Y ~
~ ~ e~~r~a.~: D. 19'~' I ~I.
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[llts /tWn~»t~•nl f?~r'Frtic~l by: 7F15 A STRACT &RTITL~oCORP OF FLA.
2JS S. 2tvD 5' Fc:R1 P'~[HGE. FIORIDA
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