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HomeMy WebLinkAbout5201 and sha!! Pe.f orm, comply witl~ and a6ide by each and e~~ery the agreements, slipulations, conditiona nnd conenanls IhereoJ, nnd of thts mortgag~, tl~en tl~is mortgage and the e~tale I~ereby created, ahall cease, de- ; ~ te?mine and be null and iwid. . ; ~nd fhe mortgagor hew6y f urthe~ covena~ts and agrees to pay promplly when due !he principol and } interesf ond oftier sums of money providec~ (o~ in satc~ note anc~ Ihit mortgage, o~ eilhet; to pay a~~ and singu~ar the taxes, nssessments, ~evies, ~iabi~ifies, ob~igafion~, anc~ encumbra~ces oJ ei~ery nnture on snid pro- i perty; fo permit. cummit o~ suf jer no waste, impairmen! or deterioration o~ said ~and or !tie improvemenls ~ thereon ot any Itme; to keep I~e ~?uildinAs ~ow or I~ereajter on saic~ Iancl fully insured in a sum oj not Iess i thon hiqhest insurable value - i In a compnny or rnmpanies accepta6le to the mortgagee. !he policy or policies ~0 6e held by, and poyable ~ to, said mortgngee, and in tF~e event any sum o/ money beeomes ~ya6l~ 6y uirlue o/ such insurance the ~ mortgagee shall have the rigl~t 1o receiile ar~d npply the sama to ihe indebledness here6y secured, accounting ~ to the mortgagor ~or nny surp~us: fo pay a~~ costs, ctiarges, and expenaes, inc~uc~ing ~au~yer s(ees and tit~e ~ searches, reasona6ly incurred or paid by the mortgagee 6ecause o~ tl~e ~nilure o~ the mortgngor to promptly ~ ~ nne~ lully comply u~itti f{~e agreemenfs. stipu~ations, c~ondifions and eovenants of saic~ note anc~ Ihis morlgage, i II or eil~er: to perJorm, comply wifl~ ond a6ic~e 6y each and every fhe agreementa, slipu~ntions, concjitions anc~ ~ couenants set jorth in said note and lhis morlgage or either. ln tl~e event tf~e morlgagor jails fo pay when ~ d~ any t~, assessment, insurance premium or otl~er sum o/ money payab[~ 6y virtue of said nole and this mo~igage, or eiftier, ftie mortgagee mny pay ttie same, withou! wniving or aJfecling the opfion to (orec~ose or any other right {~ereunder, and all suci~ paymenls shaU 6ear interest (rom date tl~ereo/ a1 the highest law- f ul rate tF~en nllowed by t~e lau~s o~ 1{~e Slate o/ Florida. l~ any sum o( money herein re(prrecl to 6e not promplly pnid within Thirty (30) days next n~ter ~ ~ ~ the same becomes due, or i/ each and ~very the agreements. stipu~ations, conditions and covenunts o/ sait~ ; i note and tf~is mortgage, or eithe?, nre not jully perJormed, complied witl~ and a6icletl 6y, then the entire sum mentioned in said note, antl Ihis mortgage, or tiee entire 6nlance unpaid thereon, shall forthu~ith or t6ereaj~er, at tT~e oplion oj tl~e mortgaype, become nnd be due arid paya6le, anything in said note or herein fo the contrarq noiwifhstanding. Failure hy tf~e mortgagee fo exerrise any of the rig~ls or opfioru herein provided s{~a~~ not constitute a u~nin~r o~ any rigtifs or options under said note or this mortgage accruec~ or therea~fer accruing. ' 4 ` 4 ~n ~~111~ ~h~Ol~ tl~e said morlgagor has hereunto siqned and sealed these presenta !he ~ I any nn~ year ~irst a6oue u~ritten. ~ i' _ , ~ ~ ~ Signed, sealed and deli~~ered in the presence o(: ~ ~ ` C. . - - ' i f . . ~L / ,~r~~ r---~~~~-~~_:i_.. f-<`:;.~-_~'2-----~------------- _ R E _<fi.~.~- ~ ' ~ ~ . f R' ~ TE , . FOU'TS/. L `t ' ( ~ , ~ fi l .J ~,Ll ~ ~ ~ ~ ~ ~ ~ I I~ ~ ELIZR~~ETH FOU'1'S I ~ I ` i - - ; ~ ' li . _ . . . - - - _ . - - - - _ _ . _ _ - . . _ - : ~ ~ ; ~ f ~ ~ ~ ; ~ ~ ~ ~,y t<< . ~ ~ ~ : ~ ~ STATE OF TLAKT6~, ~ ' F ~ 4; COUNTY OF l i . ~ I HEREBY CERTIFY that on this day, be[orc me, an ~ ~ ~ I~ of(ic~r duly authorized in th~ Stat~ aforesaid and in tht County afor~said to tak~ aclcnowledqments, p~rsonally app~ared ' ~ ~ WALTER E. FOUTS and ELIZABETH FOUTS, his wife, ~ f to me known to be the person g described in and who ex~cut~d the for~Qoinq instrum~nt and they acknowledqed ~ beforc me that thEy ~x~cuted the same_ ~ ~ i! ~~'ITIESS my hand and official seal in the County and Stat~ last afor~said this _ ' f.•~'~ aY•q~ ~ ii , A. D_ 19 ' } _ s: ~ , _ . _ • _ . ~ !j ' - - • • . - ~ ~ .4 ~ ~ - , ! G,(f ~ - , - - _ . ~ ~_s..r I .C.- - ~ . ~ ' NOTARY PUBLIC ' ~ t . . _ i oAND RECOROE~ My Com¢nission Expires : t ' ~i FIIE IE COUMTY FL ~ ~ - ~ ST. lUC • ~ - ii iIOCE~i POITRAS ~ , li CIEitK C~RCUIt COUIIT N . t. I' RECOR~ VE?~F1E0~ ~ - e~ ,1eu~ 8 !2 vo PN'73 li 245108 ° R ~ - 3(~OX GE i: ' ~ .N J I' ~ i _ i) ,rF ' ~ I ~ ~i < ~ ~ A., S e ~ F'`~ t~':Y `~'~v n ..~~~"a.$iS~' -..~c+S:E.~. d' ~ ' . . :c~~'~