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HomeMy WebLinkAbout2370 anrl s{~oII per~orm, comply wilh and nbic~e 6y each ancl eve?y the agreeme~ts, atipulations, conditiont une~ co~~enants ~herewf, and o( this mort~ane, thpn t{~is mo?Igaae and the estale hereby createcl, shall cease, de- ~Pf?t11t1P and be Illl~~ QII~ ti01~. ~ IZ~ Itie mo?Iga{~or ~~er~~~?y ~urther covenanfs and agrees lo pay promptly wl~en ~Iue tl~e p?incipal a~ infen~sl a~d of{~er sums o~ money proric~ed ~or in saic~ nole and lhis mwtgage, or either: fo pay a~~ art~ sinflular fhe tnxes, assessmenls, l~i~i~s, lia6ilities, o6ligations, nnd encum6rancea of every nature on soid pro- perly: fo pe~mil, rnmmif or suj~e~ no u~aate, impairmenf o~ deteriomtion o~ soid ~ancr or the ~mprovemenb thernen al any time; to RPPP I~P buildin~s nou~ o~ herpajter on ~aid land /ully insured In a sum oj not lesa than in a com~>any or compani~s QCCP~)~Q~,le to the mortgaflee, the policy o~ policies l0 6e held by, and payable to, said morigagee, and in fhe event any sum oJ money 6ecomes paya6le 6y ~irtue o~ such insurance the mortfla~ee shall {~ai~e !he ri9h1 to rc~c•eive and apply the same to Ihe inde6tedness here6y secured, aceounting fo the mortgac~or jor a~y surplus; fo pay a~~ rosfs, ctinrges, and expens~s, inc~uc~ing ~awyc~ s~ees ancl fit~e searches, reasonatily incurrncl or paic~ tiy f{~e mortgogee because o( !~e ~ai~ure o~ Ihe morlgngor fo prompt~y ant~ ~u~~y romp~y wilh t{~e agreemenfs, stipulafions, conclitions and covenants o~ said note atc~ t~is morfgage. or eit{~er; to perform, comply u~itl~ and a6ide by eaclt anc~ every Ihe agreemenfs, afipu~ntioru, conditioru and conenanfs set Jorth in said note nnd this mo~tgage or either. In the event Ihe mortgagor (ails to pny when c~ue any tax, assessment, insurance premium or of~er sum oJ money paya6le 6y virtue oJ said note and t{~is mortgage, or eil~~er, fhe mort~agee may pay f{~e same, euit~?out waiving or n~Jecting the opfion fo ~orec~ose or any oll~er rig6t I~ereunc~er, antl a~I sucl~ payments sI~aII bear inferpst ~rom crate t1?ereof at Ilte 1~igtiest ~aw- (u~ rafe Ihen allo~ve~ by f{~p lau~s oj Ihe State o~ F~oridn. ~L any sum oJ money herein re~emec~ to be nof prompt~y paid within ~ days next nf !er tl~e same 6ecom~s due, or iJ each ancr Pt~PIy ItiP ag~Pt.'mQ~1IS, stipulalions, conc/ilions and covenanls o~ said note and this mortgaye. or either, are not jully per(ormed, rnmplied witF~ and a6~ded 6y, then the entire sum mentioned in said note, nnd this mortgage, or t1~e entire balance unpaid thereon, shall joAhwith or thereaJfer, at Itie option oJ !{~e mortgagee, become ancl 6e due and paya6le, anyfhing in aatc~ nole or kerein fo tl~e controry nofu~ilhsfanding. Failure by t{~e morfgagee to exerrise any of fhe rig~ts o~ options he?ein pronicled sha~~ nol constitufe a u~air~r o~ any rigtits or options under saic~ note or t~is morfgage accrued or f~erea(fer accruing. ~n ~~~~s ~lLi`L~l~ 1~e saicr mortgagor has tierpunfo signec~ ant~ senled these preser[ts fhe ~ay an~ year ~irst ahone ~oriHen. $ign , sea~ed and del' r~ in the pres ce o~: , - ' - - ~Q~'--c~ .~"<_.~~7,~ , ~ - . l~s3n - ~ca~r 4~-w~-- '_.~,~l~,._.~/-. ° . =~~.~.~c~ . ; E , i I s C > • € ~ e ~ ~ STATE OF FLORIDA, ~ ~ COUWTY OF z I+11tr'i@ I HEREBY CERTIFY that on this day. betorc me. an ~ olficer dul~ .apt1?o~jzrd in the State atoresaid and in the County afonsaid to take acknowkdgme~b. personally appeared ~ ' ~ ~ 0~1~ar T. l~sin and Mi]~red L. l~in, hiB xife t. ~ ; p_ n~e.knowe.~o b~ 'li~e penons described in and who executed the (or~going instrument aad 'C21@~cknowkdaed ~ • beEote rrie. d1"~ executed the same. ~ ~ ' ~ W~'1~~- hand and o((icial seal in the County and State last aforesaid thi: ~p f_ l; d~r ot f ~ ' ° A. D. 19 ~ . • - ~ ~ ~ ~ : ~ . ' . , . Gr' 's..~ - • • -----'•----K---- ~r , " ° NOTARV FU3LIG S~AtL ~i- :..:.;,~a Ai l~~• _ :~1.lC.7:SS=0N EXPtP,ES AUG. 9, 197~ GENEP.AL INSI:RANCE U'r'DERWRITERS, INC. ~ f lED ANC RECORDE~ ~ s{,LUCiE COU?~Tr f~ ltOCE~ PO~TRAS t° ' CIERK C~RCWT COUat~ ; REGOR~ VEf.~f ~f 0 _ r:~~ Z~ ~ KS ~'ZZ ~ _ ~ ~:s I7iu Inslntmcn~ ,r ~rd b p ~ y~ 2262?38 qIS INStK~;N~t'n W~ PRCPAPED tlY , <.Y Ad~re.~ ti,~cou..~,, n-s=~ _ ~_~r-~~.~ n ~ s~2~ - ~ii~ A.~••.;E i BOGK~V ~ VE~fiO FLOktOA ~ , ~ . ' ° « . _ • < ~ _ ~ , ~ ~ ~ ~ ~ ~ Y~ .~c_~- . - _ ~.:v'~ F