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HomeMy WebLinkAbout2403 and ahall per/orm, comply witf~ and a6ide 6y eocl? and eaery the ugreements, attpulationa, condilions nnd couenants thereo(, and of tl~is mo~tguge, thpn t{~is mortgage and t1~e estnte herebp created. sl~all cecue, ds- fe?~mine and be nul! and void. ~il{1L the mortgagor her~~by (urt~er covenants and ngreea to pay prompf~y w~en due fhe principa~ an~ _ inlerest nnd oiher sums oJ money provided (or in said nole and thia ?no~t9age, or eitl~er: to poy nll and sin~ular the tnxes, assessments, Ievies, ::~5ilities, o6[igations, nnd encumbnatnces o( every nature on said pro- perty: to permit, cummit or su((er no waste, impai~ment w deterioration oJ aaid land or the improvements thereon nt any time; to keep the buildings now or herpa/ter on sQid Iunc~ ~ully insured in a sum oJ not less than hiqhest insurable value in a company or con?penies acceplable to the morlgagee, the policy o~ policies io be held 6y, nnd pnynble to, anid mortgagee, ond in t1~e event any sum oj money 6ecomes ~ynble 6y virlue o~ such inswance tl~e mortgngee sha~~ tiave t~e rigtit to receiue and upply t1?e snme to ihe inale6tedness hereby secured, accounfing to t{~e mortgnAor (or nny surp~us: to pay a~~ costs, charges, nnd expenses, inclucling jawyers feea and tiile sen?~ches, reasonn6ly incurree{ or ~~d 6y ehp mortgagee because o~ t{~e ~ailure o( I~e mortgagor fo promptly ~I ana~ ju~~y comply with tl~e agreements, slipulations, conditions and eouenants oj said note ancl lhis ireortgage. or eill~er; to perjorm, comp~y wifl~ nnd abide by ench and every the agreements, stipu~afions, conditions nnd covennnts set ~or1h in said note and this mortgage o~ either. ?n the event the mortgngor ~ails lo pay u~hen due any tnx, assessmenl, insu~Qnce premium or ofleer sum of money pnya6le by virlue o( saitl note and tl?is rno~tgage, or eitl?er, the mortgagee may pay t{~e same, without waiving or af Jecfing the opfion to ~oreclose or any other riglet f~ereunder, and al! sucf? pnvments shall 6enr interest jrom date thereoJ at tl~e highest law- ~ul rate tl~en altowed by ~he laws oJ the Stnte o~ Floridn. ( J` any sum o~ money ~erein refprrec~ to be not prompl~y pait~ ~.,~th~RFifteen (lS~ays next aJler the same becontes due, or iJ each and ~~~ery Ihe agreements. slipulntions, conclitions and covenants o( snid I note nnd this mortgage, or eitl~er, are not f ully per~ormed, complied witk and abided by, tl~en t1~e entire ~ sum mentioned in said note, and this mo?tgage, or tF~e entire 6alance unpaid thereon, s1~aII jortl~with or thereaJter, at tl~e option oj the mortqagee. 6ecome nnd be due nn'~ payu6le, anything in said note or herein to the conlrary nolwit~standing. Fai~urp 6y the morfgngee to exer+cise nny o~ t~e righ[s o~ optio+w Itereirt provided sl~al~ not consfifute a u+aivpr oj any rig~ls or options under snid note or this mortgage accrued or therea jler accruing. ` ~n ~LI`~ ~~~Ol~ t{~e said mortgagor has l~ereunto signed and sea~ed t{~eae presenfs t6e day anc~ year ~irst a6ove u~riiten. Signetl. sea~ec~ antl c~elivered in ~he presencp of : ` , . ~__..__:~~,.~~~el~L.i. .L.:-._=/-~~-,- - - ~ - ~=t---•-~--~5``- - ~ ? , LA P..SKATE~ . . I~ - - -1~..- - ~ F. SKATES . . - - ftt-ED-aM~-~td~UfO-----~---j---~ ST_ tUCFE ~Oi~NTr Ft~- RCGt~ T•~~,i~A - - ....~t_f.~_.`.i....l1;T~C LRT__~ - - RFCAR~! ~ ~ri~U~~~ i ~E8 ~ ~ Ol l K'7~ STATE OF FLORIDA, _c } 24'7393 ~ COL'NTY OF ? ~.~ic~'a"'OL 1 ~ I HEREBY CERTIFY th~t on this day, be(ore me, an ; o(ficer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledqmrnu, prnonally appeared S ~ LAWRENCE P. SKATES and MARCI F. SKATES, his wife, E to me known to be the person S d~scribed in and who executed thc foreqoinq instrument and they acknowkdged ~ beforc me that they rxccuted the same. ~k WZTNESS my hand and olficiaf seal in thc• County and Stat~• Izst afor~said this ~ day o( i ~ December, A. D. 19 ~ + 73 ~ ; ..~~~.~z.. NOTARY LIC ~ ' My Comanission Expires: ~ NOTARIf PUBLIC STATE OF FLORIDI~ A7 t_ARGE MY COMMISSION EXPIRES JUN. 3p, 1g75 ( ~ ' GENERAL INSURANCE UNDERWR11tKS, INC. ! - `t~~ . ~ . I~ ' • • ~I ~ _ i, - ~ - ~c` eo~K 2~Q ~~E 240t~ ! I . _ _ ~r _ _ _