HomeMy WebLinkAbout1021 ~ r rm m I witl~ and a6ide 6 each nnd eve the a?eements sti ulations conditions and
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covenants thereo/, and oj this mortgage, ihen tl~i~ mortgage and the estale f~e~eby creuted, shcll ceasv. de-
fermine and 6e null oad uoid.
~d the mortgagor I~ere6y Jurlh~+~ covenants and ngrees to pay promptly when due the prtncipul and
interes! ana other sums o~ money providec~ ~or in satd note uhcj fhis mortgage, or eilher: to pny a~~ nnd f
singula~ the ta.res, assessments, lei~ies, liabilifies, o6ligations, and encumbrances o~ every nature on saicl pro- }
perty; to permif, commif o~ suf(er no wwte, impairment or cleferiorafion o~ said ~and or lhe improvemenls ~
thereon nl any time: to keep Ihe 6uildings now o~ ?~erea~fer on snid land /ully insu~ed in a sum oJ not less ~
lhan
in a company or compnni~s acceptu6le !o Ihe mo~tgagee, the policy or policies to 6e held 6y, and payable
fo, saicj mo?tgngee, anc~ in f~e ei~ent any sum o~ money becomes paya6le by ui?lue o~ sucti insurance !~e
mortgagee shall ha~~e 1/?e rigtit to receive and apply the same to the inde6tedness here6y secured, accounting
fo 1{ie mortgagor jor any s~irp~iu: to pay a~~ costs, charges, and expenses, inc~uaing ~awyer~s ~ees and fit~e
searches, reasonably incurred or paid by tl~e mortgagee 6ecnuse o/ the /ailure o( Il~e mortgagor to promptly
and Ju~~y comply wif/~ 1{~e agreemenfs, slipu~afions, conditions anc~ covenanis of saic~ note and this mortgage,
or either; to perJorm, comp~y witti and a6ide 6y each and every tF~e agreemenfs, stipu~ations, condefions anc~
covenanls set (ort~ in saic~ nole and this mortgage or eitf~er. In fhe event the mortgngor ~ni~.s to pny u~hen ~
I due any tnx, assessment, insurance premium or other sum o) money paya6le 6y virtue o/ said note and this ~
~ morfga~p, or eifher, ff~e mortgagep may pay fhe same, without waiving or nJ~ecting the option to ~orec~ose
or any oftier rigtil hereunder, nnd a~l sucl~ payments shall bear i~ferest ~rom dnte tl~ereof at the I~igl~esl jaw- i
/ul rale then allowed 6y tlie Iaws oJ tl~e State o( Florida. ?
~l any sum oJ money herei~ re~erred to 6e not pro:nP~ly pa~d u~ithin te21 (10 ~ days noxt af fer
~ tl~e same ~ecomes due, or iJ eac{~ and enery the ngreements, stipu~ations, condilions nnd co~enanfs o( said ~
note a?id this mortgage, or ei~her, are no1 Jully per~ormed, complied wit~ and n6idetl by, then the entire
' sum mentioned in said note, nnd this mortga~e, or fhe entire 6alance unpaic~ tl~ereon, shal! JoHluyit~ or ~
~ ~herea~ter, at tl~e option o/ the mortgagee. 6ecome and 6e d«e and ~ya6le, nnyt{~ing in saic~ note or' herein s
fo fhe conlrary notu~ithstantling. Failure by fhe morlga~ee io exercise any o~ ihe righls or oplions tierein
~ provided sl~all nol conslitute a waiver o~ any rig~ls or opfions unc~er sait~ nofe or ~his mortgage acc?uec~ or
t~erea~ter ~ccruiny.
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= ~ ~ N ;;a ~ ' ~n ~ditness ~~e~l !he morfgagor has c.ausec~ t{~ese presents to
a3 ,~~~f&~DR.~rt.
'~'`~fif.Al.) be executecl in ies name. and its corporate seal to 6e hereunto af
jixed. 6y i!s
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~'`'~~~h~~~~„J~ proper o((icers thereunlo cluly autl~orizecl, thp day nnd year /i?st a6oue written. ~
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i ~ Ponc z'ines nc. , a ~ lorida Cor .
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~ I~ ignecl. seale~ and e~ lii~e in !?~p prnsence of :
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E i: ~(if.-'C.~<..t 6
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ia - - . . President
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~ F~~.e ?cCOR0E0
ST ;;:;JNTY F~A.
,
RO'i ~ ^1TRAS
~'s C~ER!t ~OURT
!j pr.^.C•G" _ -:rn ~
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1~tate of No Il 2 to pH 7 4,~
~ounty of
1 NFREH)' CERTIF}' ~601 on Itiix Jay. ~(orr rrv. an u((icer du~y oW{~aised in 1~ $Ide ond rounlr a~ortsoid to lnke oc4nou.~tdg-
~ nVR13. (MfSO~I~ O~~~x'afr.~ I~ r ~ YV 0 V~
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~ ~ !l'PI~ ~III~LL'f1 ~O n4' ~O !K ~jIP PfPS~~YI1~ ~ I~!!~ O' CO/pOfY~%0/1 I10f~K~ Ot
~ nMI~ p M i11 ~~P WP Oi~l inslrumtnf. on~ ~~0~ ~IIP SII`Pf~~) QCR/101l~[~ ~ tAPCl1~If1 ~1~t SQlIK. U~ 07['flp 4R~Af35f3.
-3~ 9 4 f 9 9 Y 9P .9 pnsence o~ lu+o su ng
- ~reelv anr~ ~~unlor~l~ un~~e~ uuttiunty ~u~y re~trJ in I~~em ~y soid cwporolion ond Itiat I~e sta~ a/(ued I~rirfo is Itit fnu cnrporult sra~ o~
~ wii~ corpwafion. 1 ~
~ ~L'R\F.~S my I~nnd o~i~ of(iria~ seol in Ihe Counly and SIa1t ~as! aJonsaid t~is doy oj ~C~~N ~
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~ rl. n. 19 ~ .
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~115 It1~iNli,~'It p~~?g{~~ by NOTARII PUBLIC STATL Of ~LCRIDA AT tAR(iE
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S~y L. (.~.~¢y~ V, p ; ~i'.i1SS10N E.XPIR~S AUG. 9, 1975
~ L e SQ c' a ifr (~j , QENERAL INSURANCE U7dDERWEtITERS. INC.
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~ I~ Fcrt Fia-c~, fi~;i~a 3 1 I:
~ I l7~~s 1»unn~ri~rl prrpar« ~y ~ R~~ ZO~
~ i~ .-1 ~lilrr'ct . , ~001! ~A~iE ~
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