HomeMy WebLinkAbout1557 and shall ~erjorm, conip~y wit1~ a~d abid~ by earh and e~~ery IF~e agreements, slipulalions, conditions und
corenanfs thereof, and oj ftiis morfgoge, lhen 1{~is morfgage ond !he estale heretiy creaiec~, sha~~ cease, de-
termine an~I be ~uII ant~ voic~.
~n~ l~p mortgagor hem6y (urther covenanfs unc~ agrees to pay prompl~y whpn d~ ehe p~tn~t~! ond
inte~st and o1/~er ~ums oj money providecl for in said ~ote a~d tl~is mortgage, o~ either: to pay all nnd
sinc~ular the taxes, as~pssments, levies, (iu6ilities, obligations, and encum6ra~ces o( every nalure o~ aaid pro-
pe~ly; fo permil, commif or suj~er no waste, impairmenf o~ c~eterto?ation oj saic~ ~and or t~e improvemenfs
Ihereon at any ~ime: fo ~eep Ihe buildings nuw or hereaJter on .nid Iand Jul[y insured in a sum o/ not Ies~
~?~a„ Tt•~~,Zt.y-t:c;c:-~110L:;3I:~ Do1l.ars (Y22,~~(1.
in a comp4ny or companies occ~pto6le to the mor[gngee, the policy or policies !o be I~eld by, and puyn6le
to, saic~ mortgagee, ancr in t~e event any sum o( money beromea ~ya6i~ by vi~tue o~ such insurnnce t~e
mor~gagep sha~I hai~e the Nght to ?eceive and apply tlee saine to tl~e inde6tednesa here6y secured, acc~ounting
to Ihe morfga,clor ~or any stirp~us; to pay a~l rnsls, c~nrges, nnd expenses, tnc~ucling lawyera ~ees nnc, fif~e
sparclies, rc~asonably inc~erre~ or paicj 6y f~e ntortgagee becnuse oj fhe fai~ure o~ the morlgagor to prompl~y
ane~ Jri~1y comply wilh the apreements, stipu~attons, condifions and covennnts oj said note and lhis morigage,
or Pi11~er; to perJorm, comply u~ith antl a6ide by eacli anc~ every tf~e agreements, stipulatioRS, condilions and
conen~nfs set forlh in said note and fl~is mortgage or eitl~er. ln the event t6e mortgago~ (ai~s to pay when
due any tax, assessment. inswance premium or other sum oJ ~?o.~ey ~ya6l~ by virtue of said note and Ihis
morfgage, or eittier, f{~e mo~tgagee may pay t~e same, wit~out waiuing or aj~ecting lhe option to Joreclose
or any ot{~er right hereunder, and aII such payments shal! bear interest ~rom date thereo( at fhe /~ig{~est ~au~-
(ul rate tF~en allou~ed b>> the Iaws o( Ihe State o/ Floricla.
any sum of money /~e~ein rejPKP(i IO be not prompfly paid wit~in ~~'~~'~'71 day~ nexf a~ler
1{~p samp becomes due, or iJ each and ei~ery t1~e agreements, stiptdations, conclitions and covenants o~ said
note and ~I~is morteaqe, or eitl~er, nre not /ul[y pe~(ormed, comp[ied with and ab~ded by, then t{~e entire
sum mentioned in ~ait~ note, and [his mortgage, or t1~ e en~ire balance unpaid t{~er~wn, sl~all jortl~witlt or
Il~prea~ter, at tF~e option o~ lhe mortgagc~e, become and 6e due ancl paya6le, anything in snid note or herein
to t~e conlr~ry notu.itl~standing. Failtere bv the mortgagee to exer~ciae nny of t{~e rights or optioru ~?erein
proni~e~ s~aj~ not constitule a u~ai~~er o` any rig~ts or options iincler snid note or ftiia mortgage accrued o~
, /{tPfPq'jPl AfCIIItIIe_
~n ~itness ~hereof~ Ihe saicl mortqagor {~as hereunto'siQnecl and sealed these presenls tF~e
~ clay an~ ynar ~irst uhone u~riften. ~
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STATE OF FLORIDA, ~ ~
COL'\TY nF ~ C. I-•t?C'? C I
I HEREBY CERTIFY that on this day, before me. an i
j officer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, personally appearcd
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~ to mt- known to br the pcrson S described in and who ~xecuted the for~Qoing instrument and :E'~.' acknowledged ~
beforr me that `~~r-•,. ~x~cuted the sam~.
~ ~~'1T\F.SS m~- hand and o(ficial seal in th~~ County and Stat~~ last aioresaid this ~ day of
I •'~c,~~~~ A. D. 197~•
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filEO ~!~Q REC4RDED ~ ; . ~~~oE !
,sj. LUClE ~.OUNtY fl#• ` PIUI: r~.._ ~ _ ~ ~ •
ROGf~ r4tZRA5 MY CG:~b~a~iON ExFIRcS f~6. 22. 1l7b`'
~ ~~c~~ tC~~tT COURT \ BONDED THROUGN MuROS,FI: ?wGKt~eEpRY~ IN~: .
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