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HomeMy WebLinkAbout2686 '.,~T 4nd ahall pe~jorm, comply witl~ and abide 6y each and eue?y tl~a agreements, sttpulaleont, condelians and covenants !I?ereo~, ortd o~ Ihis mortgage, then thu mortgaga and t{~e eJ1Qte l~sre6y created, al~all ceosv, de- ~ terntine and be ncdl and void. ~ tl~e mortgago~ 1?ereby (wther co~ennnts and agrees to pay promptly wl~en due the principal and in~erest and other aums o/ mo~ey provided /or I?e sald nole ond thtt ~nortgage, or etther; fo pay oll and singular ~he taxes, assessntents, levie~. liabililies, o6l;ea~ta~, and encum6rances of every nature on aaicl pro- pprty; to pe»reif. commil or su~~er no wwte, impairment o? deterioration o1 saicj ~and or f{~e inn~rouements thereon at nny 1ime; to ~eep Ihe buildinga nou. or herenf te~ on said Innd f ully insured in a sum oj not less than in a company or compnnies acceptuble to fhe mortgagee, the policy or policies to be held 6y, and pnya6le fo, saic~ morlgagee, anc~ in Ihe eveni any sum o~ money becomes pay46le 6y virtue o~ suc~ irtsumnce Ihe ~ mortgagee shall ha~~~ t1~e rigl~t to receive and npply the same to tf~e indebtedness I~ere6y secured, aecounting fo f~e morlgngo~ lor any surp~us; to puy alj cos(s, charges, anc~ expenses, inc~uc~ing Iawye~'f ~ees and title searches, ?~~onably inciured or paid by the mortgagee because o/ the jailure oj tl~e morlgogor to prompf~y and ~uI[y compIy u~itl~ the agreements, stipulations, c~onditions and rnuenants o/ said note and tl~is mortgnge, or eif~er; to perJorm, comp~y wilti ana abitle by each antl every t{~e agreeme?~ts, slipu~afions, conditions anc~ covenants set /or~h in said nofe nnd eh~ mor~guge or either. ~n the event tl~e mortgngor f ails to Pay when c~ue any tax, assessmenf, insurance premium or olher sum o~ money paya6le by virtue o~ snic~ note antl this morfgapp, or either, tf~e mortgagee may pny t~e same, without waivinfl or a~fecling the opfion (o joreclose or nny other rigl~t hereuncler, and all such paymenfs shall 6ear interest (rom dnte t1~e?eo/ at tl~e ~iig~ieat Iaw- )ul rate then nllou>ed 6y ~h~ Iaws o/ the Slnte o/ Florida. !l a~y sum oj money herein re(erre~ to be not pro:npl~y paid wittiin t?~y cjnys next af ter tF~e same becomes due, or ij nacti and every the agreements, stipulations, conditions and covennnts oj said note and this mortgage, or either, nre not jully per(orrned, complied u~ith and a6tded by, then the entire I sum mentioned in said note, and fl~is mort~aye. or 1he enlire balnnce unpaid lhereon, shall fortluyith or ~ ~ tl~erenJter, at the option oJ the morlgagee, become and be due nnd payab[e, anytl~ing in said note or' herein ~ to t~e contrary notu~itl~stanc~ing. Failure by tRe mortgagee fo exer~ctse any o~ !he tights or oplio~s ~erein provic~ec~ s/iall no~ constilufe a waiver oJ any rights or options tenc~er sait~ note or t~eis mortgttge accruetj or ( therea(fer accruing. I .t::.ani~~.~ii..,~~, . i^1~~~,' ~ : :z~' ~ ~ J .i ' - I` . . ~ (CO . ..Ry1TF ~n ~~ln~ ~IK`i~~ the mortgagor has causecl fhese presertts to - fAt-1 he execufed in its name, and its corpora~e seal to 6e ~ereunto a~fixetl, by;rs j . ~ ~ proper o/)icers thereunlo c~uly aut{eorizetl, lj~e day and year /irst a6oue written. !i '~!0+; ~f - - . i: • II±tC. . . ` - i ~i Si ned, sra~~~ antl de~iveret~ ir~ 1/~P prrsenc~ of : tr~ . • ' -~/t-~s ~L~'~-'~ r~i ~y--- ~ - - - - - Presidrnt ~ ~ , ~ ' . !i' _ ~ :~'L.~'-c_~s:.~......-- -fC..G.~1.-~- - f1lEQ dNp,~t~~~~C~ Q~~ ~T.IUCtE COt~T ftOGER PO1TRAi tl~ CLERl~ CSRCUtt COtllt'~ ~ v RECOR4 VEa+f~E4~ ` !IM 19 3 s~ PM'1t ; ~tate of 22~,~;59 ! ~oullty Of sT. ~ ' 1 NERFBY ('FKI'?FY ~6u~ .~n t6is dov. bPjo~r mr. on o~(icYr ddr ow6wiud in tF~e S~de arn[ Caunry oJoresoid to taLe oc~rwwledg- mrnls. penorw~ly appearril ~ ,TA ~ K F. C? r~ a~ 1 I i I~YII RIIU471 IO R~P ~O ~ I~P ~IPSI~Pfli ~ nspecli[!~~r ar~ f}~t corporation nomr~ ps morlgagor ir~ I~t juregoing i+~strurrwnl. an~~ I~al I~ry xi~ro~~~ acEnou~edged ~xecufinp I~e same. in 1~ preftnn o~ luo w67cti6ing wiinesxs. I' f.~ely o.?d ~io.~ly u,wk. ~~u~6a.~ro d~.l~ ~•p.~.J ibam by ,a;d ro.~.o~~~«~ o~d il~ei d~e xo! oJ/u.d ilKn~o u d~e vw co.~a~ xa1 0~ ~ ~ ~ I w~l~'FS$ my har~ on~ o~~icial xul in I~e County o~ Sfate ~asf o~onwid f~i. ~y of /IG~~~ O A.. D. tq , ~ - ~ ~ . . : - / ~ - t : ~ tr.J<~~ka~'~ i , ~ - ~ NOTARr PUBLIC S~~iE o~ . s r~•'~1\11SSIaN EXPIRES AU~.RIDA AT LqR^t i! QENERA~ IN911R4NCE Uy,ryERWR~ ERS, fNC. ~f~ I~ } ~j 7%ir~ IIl3lrl/1JifiN r~•p~trr~! Gy: ~?+nFir~tsTxu~~frtr w~s Pnnfv~aeo ev ~~/V ~f .'I ~Itllt:c~ M. S. McCOZLUM. AT'tCRhEY-Ai-U1W 2121 - 14M AVENl1E 1lERO BiAICH, FLORIDJI > _ - - -