HomeMy WebLinkAbout0074 and shall perJorm, con~ply u~itF~ nnd a6ide 6y ench and enery tl~e agreeme~ts, stipulalions, conditions and
co~~enanls thereo(, and oJ this mortgas~e, Ihen Ih?s mortgage and Ihe estate here6y c?eutecl, shall cea~e, de-
termine and 6e null and i~oid.
Ijn~f~e morlga{~or ~~enr6y ftufher rni~enants nnc~ agrees to pay promptly when due !he p~incipal and
inferesl and olher sums o~ money provi~Iecl Jor in snld note anc~ ftits mortgnge, or eifher: to pay a~~ and
stngu~ar f~e la.res, assessmenls, IPVIFS. Iia6tlifies, ob~igalions, nnd encum6?nncea o~ every nafure on said pro-
perfy: !o permif. commit or su~~er no u~asle, impairment or deferiorntion oj saicr janc~ or ftie improveme~fs
therncn al any fime: to ~PPp I~IP 6uildin~s nou~ or herraft~r on snid la~d ~ully insured tn a sum o( not less
t~an
in a company or companies accrpl~~,~e lo the mortgaflee, fhe po~lcy or po~iciea !o ~~p~a tiy. and r...vnh4 _
fo, saic~ morigagee, an~ in I~~e ei~enf nny surn oJ money becomes payab~e 6y nirtue o( such insumnce fhe
mortflngep Shatl ha~~p the riflht to r~ceive and apply t6e same to the indebtedness here6y secured, accounting
to the mortganor ~or any su?pl~is; to pay cosls, cha~es, ane~ expensrs, i~cluc~ing lawyer~s fees ane~ til~e
seanhes, reasonnhly inciure~ or paid 6y fhe mortga~ee becausp o~ the fai~ure o~ the mortgapor fo prompf~y
anc~ jul~y comp~y u~ith the ag~eemenfs, stipu~afions, conc~ifions an~ corenanfs o~ said note an~ f~is morfgnge,
or eifher: fo perjorm, comply wit{~ and abide by each artc~ every ttie agreemenfs, sfipu~afions, conclitions and
covenanls set jorth i~i said note and tl~is mortgage or either. /n Itie event tl~e mortgagor Jails fo pay when
due nny tax, assessm~nt, i~~surnnce prnmium or other siim o~ money payn6~e 6y uirfue o~ saic~ noie and this
mort~age, or ei!`ier, t{~e mortgagee may pay f/~e same, wifhout waiving or a~Jecling fhe opfion to ~orec~ose
or any otl~er rigl~t I~ernun~Ier, an~ a~~ such paymenis shall 6ear interest from date thereoJ a~ ~he h~ai~ps~ lau•-
~uI rate Ilien nlloined hy f1~e laws o~ t1~e Siute of Florida.
DL any sum o~ mon~y hernin re%necl to ~p not prompt~y paic~ within t'21i'tV ~ey~ nerf a(ter
fhe snmP 6ecom~s du~, or iJ enc1~ and Pi~ery Ihe agreemenls, stipulations. conditions and covenanfs o/ sait~
note and Ihis mortga~~~, or eilf~er, are not fully performe<I, compliec~ u~ifh and abided 6y, then ihe enfire
sum mentioned in saicl not~, anc~ this mortgage, or th e entire ba~ance unpnicl thereon, shall joNhwill~ or
f~erea~ter, at t~c~ opfion o~ lhe morfgage~. ~ecome and 6e due and paya6le, anpfhing in saic~ note or ~erein
to f~e confrary notu~ifl~slancling. /'ai~ure ~y f~e mortgagee to exercise any oj tf~e rights or optior~s herein
proi~iclecl stia~~ nol consfifutP a u~aivPr o~ any ?ighfs or options unc~er sai~ note or t~is mo?tflage accruec~ or
f{~erea~f~r ac~ruing.
~n ~itness ~hereof~ tlie saic~ morf~ngor hns hernunto signc~l and sealed these presents tf~e
c~ay anr~ year ~irsl n{~oi~e irriflen.
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~$ign sea~p~ an~ tl i eret~ n f{ir pres~nce o~:
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~ STATE OF FLORIDA, ~
~ COU~TY nF J'y'. LIICIE 'f
~ I HEREBY CERTIFY that on this day~ betorc me, an {
offic~r duly authorized in the Stat~ a(oresaid and in the County aEoresaid to tak~ acknowledgmcnu~ personally appeared f
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~ I~iel.vin Isan.iou?• and Norma Isenhour, his ;,i~e. i
to me known to b~ the pcrsort4 described in and who executed the forcgoing instrument and they actnowledged ~
~ befom me that ~heY ~x~cuted the same.
~ I'1'\ESS my hand and o(ticial seal in thc County a~d S last aforesaid this 12th daY ~pE
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~ January A. D. 19 "T 3 • ~ ' ~0 ~ . •
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