HomeMy WebLinkAbout0461 a~~~ shull ~~~orn~, iv~mply u~ilh and a6ide Lr ~1~ and eoe~y Ihe aflnements, stipulatloni, condltiona nnd
c~?t~pnnnls Il~~~~ti,~. a?~d o( Ihls morl~aap, t1~en Ihis mortgage an<I tl~s estats h~.r+6y cwuied, al~all ceaas, d~-
IP?mine an~ nu~~ ~v~i~~.
nilll 1~~~ murlgal~or ~~~n~hy ~urlhe~ covenanls and agr~?es to pny promplly when due Ihe p?incipa! n~d
If1IPMSI anc~ of~ier sums o~ ~~o~~ey pro~~tded jor in sa1~ note anc~ f~b morfgage, ar eifher; to pay a~~ and
stn~u~n~ Ihe laxps, assessm~nts, ~~i~i~a. Iia6ilifi~s, o6~iQalions, and pncumbroncea o/ every nature on said pro-
pprly: to ~ermil. commil or su(~a~ no u~asf~, impai~menf or ~eterioration o~ said ~and or Itie improvernenls
IhNrr~•n ai a~~y lim~; Io ~~~p IhP buildin~s nou? or I~erea~l~~ on said land /ully insiur~l in a sum o~ no! less
than ~111
iu a c~mpany or i-om~wni~~. flf('P~)~A~~~e fo fhe morlganee, Itie po~icy o~ po~tcies !o tie he~ 6y, and pnya6le
to, sai~I morignqpe, and in t1iP ~~i~ent ~ny sum o~ money 6ecomes ~ya6le 6y i•l~tue oj such insurance t1~e
mo~lpagee s1~oII hnn~ 11~e ri~hl fo r~ceiv~ and apply Ihe same to the inde6tedness 6e?r6y secured, accounting
to 1{~~ mo?fqa~or ~or any surplus: (o pay a~~ cosfs, cha?pes, and expensps, inc~uding ~awypri fees artc~ tif~e
srarc{~~s, rrasona~~~y incurre~~ or paic~ hy t~~e~ morfga~/c~e because o` 1~ie ~ai~ure o~ the mortgaflor fo prompt~r
an~ jully comply u~ill~ II~e ag?e~mv?~fs, slipulalions, con~ifions and covenanfs o( suicl note aner t~is mo~tgage.
or ~il~ier; fo ppr(orm, c~omp~y u~itl~ unrl a6i~e ~y eacti ancl every Ihe agrepmenls, stipu~attons, rnnditions and
ro~~nnanl~ set fortf~ in sai~~ nufe anc~ fhis morfgage or ei!{~er. /n the event Ihe morlgngor ~ni~s to pay w~en
c~ue any f~x, assessm~nt, insuran~r premium or ol~er sum o~ money payab~e by i~irfue of saic~ note and I~is
' mort~age, o~ ~if~~er. 1~~e morf~age~e ??~ay ~y ~he same, wifhout wait~ing or a//ecfing the opfion to ~orecjose
or any oflter ri~~ht l~ereurder, an~l al[ such payments s{~all 6enr inferpst Jrom dnte lhereoj at ~he highest t~w-
f ul rnte Il~en al[otvetil I~y t1~~ la~ns o~ 11~~ Sfatp o~ Florida.
~riy sum u~ mun~y tiPr~in re(errP~ !0 6e not prompl~y paid wifhin 30 days nexf a~ter
fh~ samn becomes dup, or i~ eacl~ and enery II~e a~reemenls, slipulations. conditions and covenanls o/ said
note and tl~is mortpage, or eilher, nrp not /ully perjormed, complied wilh nnd a6~d~i 6y, fhen the entire ~
sum menlionec[ in said no1~, and l?iis morl~ag~, or the entire balance unpaid ther+cwn, shall Jo?f6witl~ or
ti~ereajter, at t1~e option o( 1he mort~ac~ee. 6ernme and 6e due and paya6le, anything in snid note or I~erein
to II~e confrary notu~ifhsfan~in,q. Failur~ ~~y f~e morlgagee fo exercise any of ftie ?ights or options ~?ereir~
provicred sha~~ not corislilufp a u~aii~~r o( nny rig~fs or opfions unc~er saic~ nole or f~is mortgage accrue~ or
I~~ereafl~r accruing. ~
~n ~itness ~Uhereof~ 11~e said mort~nyor has {~PrPUnto sic~ne~1 and sealec~ fhese presenis the
c~ay ancl year first a~o~~e u~riflen. -
Signe~, sealpd and d~Iioered in tl~~ ~)MS!'/ICp oJ:
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STATE OF Tj~ ~ gR ~
~ COUNTY OF ~V
I HEREBY CEKTIFY that on thi: day, befon ax, a~~
officer duly authorized in the Stat~ aforesaid and in thc County aforesaid to tak~ acknowledqmcnts, p~nonaUy appeared i
Imbert J. McKinlay and Gloria A. McKinlay, his. wife
to me known to br the prrson 8 described in and who executed the (or~goinq instrument and ~ey acknowltdged
beforc me that ~eY ~xecuted the same_ ~
N'i7'NESS my hand ancl ofticial seal in chc County and Swtc last a(or~said this ~ day o!
A. D. 19 73 .
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1 - GIERK G12GUlT COUIIT ~
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V~~`~t:~~'S1'? . . RECOROYEP1FiE0
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