HomeMy WebLinkAbout0185 ' and shol! pe?)orm, comply witk and a6ide 6y ench and e~~ery t1~e agreements, slipulations, conditions and
covenants thereo~, and oJ this mortguge, then this mo?tgage and tl~e estata here6y created, shnll cease, de-
termine and 6e null a~d void.
the mortgago~ herv6y ~urll?er oovenanta and agreea to pay promptly when due !he principol and
interest and other sums o) money prouided jor in said note and this mortgage, o~ eilher: to pny all nnd ~
singular t1~e fa.rea, assessments, levies, lia6ililies, obligationa, and encumbmnces o~ every nulure on saicl pro- ~
perty: to permit. cummit or suJ~er no wasfe, impni~ment o~ defertor+alion o~ snic~ ~anc~ or !he improuemenfs
tl~ereon ut any fime: to keep tl~e buildings now or herpa~ter on said Iand f ully insured in a sum oJ not less
t1~an highest insurable value
_ ..........+..I.lo ~I.o ~nM~qAAPO i6p .+..I~~., .u eK,licies eo be beld by, und paya6le
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!o, saicr mortgngee, unc~ in fhe evenf any sum oj money becomes r~ya6l~ by virfue o~ sucti insurnnce the
mo?tgagve s1~n11 hnue the rig{~t to receive and apply tl~e same to the inde6tedness I~ere6y secured, accounting
to fhe mortgagor ~o~ any surpliu; to pay a~~ costs, cha?ges, and expenses, inc~uc~ing ~au~ye~ s jees ancl tit~e ~
searc{~es,_ reasonab~y incurrec~ or paic~ by fhe morlgagee because of f~e ~ai~ure o~ fhe mortgagor to prompf~y ~
` and Ju~~y comp~y wif~ ttie agreements, stipu~aiions, condilions and eouenunfs oJ saic~ note ane~ f~is morfgage,
~ or either; 1o per/orm, c~omply u~it1? ancl a6ide 6y each and every !he agreemenls, stipulations, rnnditiona nnd
covenants sef ~orl~ in sai~ note anc~ f{~is morfgage or eit~er. /n ltie event the rnortgagor ~ai~.s !o pay w{~en ;
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due any tax, assessment, insurnnce premium or olhe~ sum o! money paya6le by virtue oJ snid note and Ihis
morlgage, or either, t{~e mortgngee may pay the same, wifhout wniving or ajJecting !he option to forec~ose =
or any otl~er righ! hereunder, and all such pnyments sl~all 6ear interest jrom daie ~hereof nt t6e I~ig{~est iaw- s
~u~ m!e then allowed hy the lau~s o~ tf~e State o) Floric~a. ~
any sum o~ money herein rp(erred to be not promplly pnitl wilhin'j`111Y'ty (30) aays nexi n~ter ~
~ the same 6ecomes due, or iJ eac1~ and enery t1~e agreements, stipulations. conditions nnd covenants of said ~
note ant~ fhis mortgage, or eif{~er, nre not ~ully perfo?med, complied wilh ancl abtded 6v, then tlte enti~e ~
sum mentioned in said note, and this mortgage, or lhe entire 6alance unpa~d thereon, shall fortl~with or
thereoJler, nt the option oj 1he mortgagee. 6ecome and be due arid paya6le, anything in said note or herein ~
to fhe contrary notwilhstanding. Failure 6y t6e mortgagee to exerrise any o` f~e rig/~ls or opfia~s herein ~
providec~ sha~~ not conslifute a u~aii+er oJ any riqhts or options under saic~ note o~ f~is mortgage accnied or ~
t{~ereaJfer accruing. ~
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~n ~~lll~s ~0`~ tl~p said mortgagor has hereunto siqned and sea~ed these presents the ~
clay an~ year jirst a6oi~e u~ritfen. f ~
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f Signed sea~ed and c~e~ivered i Il~e presence o~: ~
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; STATE OF FLORIDA, _ ~ ~
: COUNTY OF~~_~l~~•'/~~y~- ~i i j
; 1 HEREBY CERTIFY that on this day, betore me, an i
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~ ~I o((icer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqmenu, p~nonally appeared ~ f
~ ~I McCURDY A. LOWRY and MADELON M. LOWRY, his wife, . _
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~ ~ to me known to br the person S described in and who ezecut~d the (or~going instrum~nt and J~~? ~ac~tnow(edged
~ i before me that they ~x~cuted the same. ~ •
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~ I~ ~YITNESS my hand and official seal in thc County and Statc last aforesaid this _.,~.its~ day of
fii~~ J: /
~ 4 , A. D_ 19 7~.
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~ NOTARY PUBLIC r . '
- ii FIIED AnU RECOROEC -
~ ST.LUCiF CGUNTY flA.
ROC£A P~~~7RAS My Commission Expires:
- ~ CLERK 4:+~Cu:T COURT -
- ocr~a" V• ~~=iE9
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~y li .~N ~l 03~ 73 ~ 21'1~ ~
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z~ss3s soQx~10 P~E 185
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