HomeMy WebLinkAbout2905 and shnll pe?~o~m, comply witi~ and a6ide 6y each and enery the agreements, stipulattoni, cond~ttons and
conenanls thereo(, and o( lhis morlgas~e, then lhts morfgage and the estate hereby created, ahall ceasa, d~-
fermine antl ~e nu~~ nn~ i~oi~.
1UNL ttie ~nortgago~ {~en+by (url~er cot~enanls and agrees to pny prompt~y u~he~ d~ ll~e prinripal and
tnterra! nnd othe~ suma o~ money provided (or in soid note and this mortgage, or etther; to pny all and
singulai 11~e fares, assessmenls, leuies, lia6ililies, obligations, and encumbr+ances o/ euery nntun on said pro-
perfy: !o permit, commif or suf
fer no u~cute, impairmenl or deleriomfion of said ~and or Ihe tmprovemenU
tl~erecn al any time; to ~PPP II~e 6iiilding~ nou? or hereajte~ on said land Jully iniured in a sum of not lesa
fhan flil
in a com~nny or companies IICCPP~a6If! fo f~e mortgagee, the po~icy or po~tcies to be held by, anc~ payab~
(o, sni~ mo?tgagee, an~ in fhp event any sum o~ money becomea ~yabl~ 6y virfue o~ auch insurance fh~
inortga9~ ~holt jiave Ihe ?ight to receive and apply the same to the i~de6tedness here6y secured, accounting
fo f~e morfgagor lor nny surplus: lo pny a~~ costs, charges, and expenses, inc~udtng ~nwyer~s fees and tifG
~earc{~es. reasona6ly inciirretl or paic~ by f{~e mortgagee 6ecouse ol fhe ~oilurn o( fhe mortgagor to prompt~y
und ~u~~y comply u~ifh the agreemenls, stipu~alions, conditions and covennnts o~ said note and ll~is mortgage.
w eit{~er; ta per(orm, comply with a~d abide by each and every the agreements, slipulations, condifioru and
covenants se! forfh in said note and tl?i~ morlgage or ei1~e~. /n the event the mortgagor /ai~.t !o pay when
a~ue any tax, assessment, iruurance premium or ofhe~ sum of money pnyable 6y virius o~ saic~ nofe and t~t~
nwrtgage, or either, fhe mo?tgagee may pny ftie same, wif~ouf waiving or a~~ecting ftie option to ~orec~oae
or any otl~pr rigl~t hereunder, and all such paymenls ahall 6ear interest /rom dnte t6ereo( at the higheat luu~-
(ul rnte lhen nllowecl by the lau~s of the Stale o/ Florida.
7L any sum oj money tierein re(eme~ io be not promptly paid within 3~ days next a(ter
the same becomps dae, or i j each and every 16e agreementa, stipulations, conditions and couenanfs oj said
note and t1~is mortgage, or either, are not /ully perjormed, complied with and a6~ded 6y, then the entire
~um mentioned in said no1e, antl Ihis mortgnge, or tl~e entir~e balance u~paid tl~ercwn, s1~aU jorthu~ith or
tl~ereajter, at Ihe option of Ihe mortgngee. 6ecome and be due and paya6le, an7rtl~ing in :oid note or herein
to the confrory notwi~6standing. Failu~e 6y Ihe mortgagee to exercise any o~ itie rig{?fs or optio~s ~eretn
p~oi~ided s/~all not rnnsfifufn a waiver oj any rigtifs or options unc~er said note or f~is mortgnge accrued or
l~ereajfer accruing.
~n ~itness ~!lhereof~ tlee said mortgagor has hereunfo signecl nnd sealed Ihese presents t1~e
c~ay on~ year f
irst aFione u~ritten.
' ed. s~ated d cre~iuejecr iri e presence o~:
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, liam R. Powe11~---------
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~ BTATE OF ~ NEW JffitSEY ~
COt \ TY (~F ~,-ft' ,i~' ~
~ I HEREBY CERTIFY that on this day. before me~ an
~ otfic~r duly authorized io- the Stat~ afonsaid and in the County aforesaid to tat~ acknowledgments, penonally appeated
~ HILLIAM H. POWELL, a single adult
~ W me known to br the person deuribed in and who exrcuted the for~going inttrumrnt and }ie acknowkd~ed -
be(ore m~ that he ~xccuted the same. ~f
~ ~~'17:YESS my hand and official seal in the County and Stat~ last aforcsaid thi~____ w day o(
~
~ March A. D. 19 72 ~
~ - ~ 7 ~ ~,t,,~
~ J/ --}3;~-~;=.,. .
i~'% ' ~ N~~~~~- j ~F.
~d` / ! ' ~ t Q,
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~ p otary Public ~ ti'^~ . •a!
~ F1LE0 ~M~ PECORDE My Commission E#j~'
St.IUCtE COUMTY FLA• xp - G~'s;~,
110GEp~ •T C~ RT ~ ~ • 7
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_ pt~ 3
: ~,606
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