HomeMy WebLinkAbout2970 an~ s~~a~~ p~rfo~m, c•omp~y u~it~~ and ~6ide by eacR anc~ ei~ery f~e agreemenfs, sNpu~ofion~, condilions and
co+~enanfs therc~o(, and o/ this mortpa~e. Ihen this mort~a~n and the PS~Q~P f~ern6y creafed. :hall cease, de-
te?mine muI Le null anc~ ~~ai~~. •
nn~ fhN morfpaF~or ~~~?~~hy ~urf{~er rnvenanfs anc~ agrees fo pay promplly whe~ ~Iue tl~e prtnripal and
infemsl anc~ ol~?er sums o( mon~y provi~ec~ ~or in said note anc~ lhts morlgage, or etlher; to pay a~~ nnd
- aingular Ihe ~A.CPS. QSSPSYIIIP/II3, lei~ivs, lia6ililies, o6liflalions, and encum6rances o~ every natwe on said pro-
perfy: to pe?mil. commit or su~fer no u~asle, impairmenf o~ ~eteriomtion of said ~anc~ or the Improvemenb
ttiernen af nny time: fo ~i~ep t~~~ ~,ui~c~in~s nou~ or herna~ter on caic~ ~anc~ ~u~~y insure~ in a sum o~ no! ~esa
than highest market value
in n company or companies IICCP~)IA~~~e to I~e morl~agee, Ihe po~icy or po~icies fo he he~ ~y, pnd Poya6te
fo, sai~ mortgagee, anc~ in fhe enent any sum o~ money becomes ~yobl~ by virfue o~ such inswance f~e
morlgagee shall have Ihp ri~{~t to MCPII~P and apply Ihe same to tl~e inde6tedness {~ere6y secured, accounling
!o Ihe morfga{~or ~or any su?plus; to pay a~~ cosls, charges, and expenses, inc~uding ~awyers (ees and iil~e
search~s, rpasona6ly incurre~ or naic~ hy the morfgagee because o~ t~~e (ai~ure oj f{~e ntortgagor lo prompfly
an~ ~u~~y comply u~t~h ~he aflreements, sfipu~afions, conclifions ancl conenanfs oj said note nnd t1~ts mort9nAe.
or eill~er; to perjorm, comply wilk and a6ide 6y each nnd every the agreements, stipulalions, conditions nnd
coi~enanis set forlh in said note nnd Ihis mortgage or eilher. In tf?e Nvent the mo?igagor /ail~ to pay when
due any tax, assessment, insurance premitim or ot~er sum oj money 'payab~e by virtue oj saicr note and t~is
mortgage, or eifE~er, 1{~e mortgagep may pay f~e same, wifhout wnii~ing or a~Jecfing the apfion to ~orec~ose
or any other ri~ht hereunder, a?id all such payments shall bear interest ~rom dnte lhereoj nt the highest law-
(ul rnte then allou~ed by thp I~u~s oJ the State o~ Florida.
any sum o~ money herein re(errecl to be not promplly pnid within b0 days ?text o(ter
~he some 6ecomes dup, or i( eoc/~ ancl every fl~e agreements, stipulations. conditions und covenants oj said
note an~ t1~is morlgage, or either, are not fu~ly performec~, compliecr tuitl~ nnd a6~ded 6y, then t1~e entire
sum mentioned in said note, antl t{~is mortgage, or fhe enlire ba~ance unpait~ thereon, sl~a~~ fort6witlt or
t~erea~ter, af the opfior~ o~ ftie mortgagee, 6ecome und 6e due and paya6le, anyf~ing in saic~ note o~ he?ein
to il~e confrary notu~itl~standing. Failurp 6y ~he mortgagee to exercise any of fhe rig~ta or optioru ~te?ein
proi~iclecl shall not consfifute a u~airpr o~ any rig~ts or opfions under suic~ note or t~is mortgage accruet~ or
t~erna(ter accruing_
~n ~h~Ol~ t~e said ~morigqgof has I~e unto signed and sealetl these presenls Ihe
~ny an~ year (irsf atiore iorillen. ' C ,
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Signpd. sealpd and deli~~pred in the presence o/: ~ ~ `1 - ~ ~ .tt,; : ~ ~ - ~ .
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~ STATE OF FLORIDA
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COUNTY OF ,~1' X.~c;~-=
I HEREBY CERTIFY that on this day. before me~ an
of(icer duly authorized in the Stat~ afonsaid and in the County aforesaid to tak~ actnowkdsmenq~ penonally appeared
.7=_ck ~o:ham ~
~ to me known to be the penon described in and who executed the [or~qoing instrument and he acknowkdsed
beforc me that }Za e:ccuted the same.
H'I7'NESS my hand and of(icial seal in the County and State last aforesaid thu 15th ~1 ~ '
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~ ..;?y A. D. 19 7?
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