HomeMy WebLinkAbout1898 nnd shaU perjorn~. i omply u~ith anA AbIAP by eacn ann ere?y ~ne ag?eemenrs. aupuw~wns. cona~nons ana
i•o~~e~~ants thc•vo(, arid o/ Ihis murl~a~~e, ~~pn Ihis mo?tqa~e and ti~e es~ate I1PtP6y C~Pp~~, shall crase, de-
lern~ine ant~ be nu~~ an~ i~ui~~.
IZ~ IEi~ mortf~a{~or {~Pmhy ~urlher cover~anls a?ul agrees to pay promptly when due 1he prlncipal and
internsl and olher suma o/ mo~iey proi•ided (or in said nole and this moHgage, or ettlee~: to pay all and
sinflulnr t{~e IQXPS, nssessmPnls, le~~ies, liabilities, o6li~afions. and encumbronces oj~ueryr~t~?e on sai~ pro-
perfy: fo permit, commif or sujjer no toasfr, impairment or c~~feriorolion o~ sa~d bnd or the improvemenls
tl~pmcn nt any lime; to ~PPP IhP builcli~ic~s nou? or hernaJt~r on said land /ully insured in a sum oJ not less
Ihan
in n~~ompany o~ companies acc~ptu6le b Ihe morlga~~e. Ihe poltcy o~ policies to 6e hpld 6y, and payable
to, said morlunc~ep, and in tf~p event any sum o~ money 6ecomes payo6[~ 6y virtue of such insurance the
morlg~gpe sf~all I~ai~e the right to rc~cei~~e and npply the same to the indebtedness hereby secured, ncrounting
fo Ihe morfganor (or any su~p~us: fo pay a~~ cosfs, ctiarges, a~d expenses, inc~uc~ing ~awyer s jPPd and lif~e
searrhes, rpasona~?Iy incurre~ or ~,~d 6y ~hp morfgagee hecause oJ I~e jai~ure o~ t{~e morfgago? fo prompf~y
anc~ ~u~~y comply u~ith tl~e a~reements, stipu~nlions, con~ifions anc~ conenanls o~ said note nn~ this mortgage.
or eif~er: to pp?form, comp~y will~ an~I a~ide 6y eac~ and every the agreemenfs, stipu~ntions, condifions and
covenanfs sef ~ortl~ in said note and fhis mortgage or eifl~er. In t/~e euent Ihe mo?tgagor ~ni~.t !o pay when
t/ue any tax, assessme~t, insurance premium or ollter sum oJ money paya6le 6y virtue oj said note and t{~is
mortgage, or eif~er, fhe morfgagee may pay ttie samp, wif~out u~ai~ing or a~fecfing fhe opfion to ~orec~ose
or any otl~er ?i~ht herpunder, anc~ all such payments stiall 6ear Inle?est (rom dute I?~ereoJ at the higl~est law-
(ul raee then alloiued by the lau?s o~ t{~e State o) Florida.
~l any sum o~ money herein re(erred fo be not promplly paid within Thirty t~ays next a{ter
16e same 6ecomes c~ue, or iJ eacl~ nnd pvery the agreemenls, stipulations, conditions and conenanls o~ saicl
note and ttiis ?reorlga9e, or eitF~er, are nol Jully perjormed, complied witl~ and a6~d~! 6y, 11~en !he enlire
sum rrtentione~ in said nole, and t{~is mortgage, or the entire 6alance unpuid tl~ereon, s{~all (orfhwith or
I~ereafter, at f1~e opfion o~ the mortgac~ee. 6ecome anc~ 6e due and payu6le. anything in saic~ note or kerein
to the conlrary nolu.iihstanding. Fai~ure by fhe morlgagee to exercise any of fhe rig~is or options he?ein
proricled shull not constilufe a waiver oJ nny rights or opfions under saicr note or lhis mortgage accrued or
t{~erea~ter acc•ruing.
~n ~itness ~hereof~ Ihe sai~ morfgagor ~ias he~eunto signac~ anc~ sea~e~ !{~ese presents ftie
~ay an~ year ji~sf aho~~e u+riffen_
Signed. SPaIP~ Qtl~ ~PIlPP~P~ in fhe prese~icP o/: C? --7
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f STATE C)F FLORID4, ~
~ COL'\TY OF pAL~+I $$ACH
^ I HEREBY CERTIFY that on this day, before me, ~n
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of(icer duh• authorized in the Stat~ aforesaid and in the Count~• aforesaid to tak~ acknowledRments, p~rsonally appeared
E~
~ EDWIN J. NELSON and COLLSBN W. NBLSON, his wife
~ to me known to bc the person $ d~scribed in and who eaecut~d the (or~¢oinq instrument and ~ey acknowledged
~ be(orc me that ~'ley ~xccuted the same.
` ~YI7NESS m? hand and o(ficial seal in thr County and Statr last a(orrsaid this IOt~l day o[
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~ March A. D. 19 7 2.
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' ~ js,.;' " NOiA Y PUBUC, STATE GF ":~~t~DA AT LAR(iE
rs ~`;O ~ ~ ` _ MY C01!h11SSI0N Ear'IRES '1Grf ;a. t975
- . 80MOED THROUGH ~dUkUSKI - tiUCKlEBERRY~ IfM,~'
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- "1'l~is I»slniu~r•~i1 picp~trr~d hy: .
: I ~I[II~S~f TMIS INSTRUMENT W~ PREPARED BY
OLLLi~R. A7S~^t.E'i-AT-IJ\W
M. S. McC
i';i 2i21 - 14'h h\'E~iUE
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