HomeMy WebLinkAbout0441 an~ shall perjorm, comply u~ifh an~ abide by eacti an~ every !tie agreemenls, sfipu~aftoni, conditions and
co~~enants ~hereo/, and oJ Ihis mortgane. fhen tl~is mortflage a.?d ~h~ estate 1?ere6y created, s1~all cease, de-
termi?ie and be null and i~oid.
~nd Ihp mo?tga~o~ hem6y Jurther covennnts ancl agrees fo pay prompfly when due the principal and
Interesl anc~ olher sums o~ mo~Py provided Jor ~n saic~ note nnd t~is mortgage, or elt~er: to pay a~~ nne~
singu~ar t{~e fa.res, assessments, ~evles. ~ia6t~ilies, ob~igalions. an~ enrumtiwncea o~ every nulure on saicl pro-
perty: fo permit. commil or su~ler no wasle, impairmenl or delerioration o~ snt~ ~anc~ w fhe improvemenis
tl~erern at ~ny Iime: lo kPep t1~e f~uil~Iin~s nou~ or he?Pajter on said land f ully ~nsurecl in a sum oj not less
than
in a company or companies accepta6le to the mortgngee, the policy o~ poltcies to 6e held 6y, and paya6le
to, said morfgagee, and. in the ei~ent any sum oJ money 6ecomes paya6le by virtue o( snch insurance the
mortga~ee sha[! ha~~p ihe rigl~t to rc~ceive and apply the same to the inde6tedness here6y sc~cured, accounting
to the morfgn{1or ~or any surp~us: lo pay a~~ costs. ChU~pP3, and expenses, inc~uc~ing ~awyers ~ees and fit~e
searrhes, rnasonati~y incurrec~ or paid 6y tf~e morlgagee because o~ t{~e ~ai~ure o~ !he mortgagor to prompt~y
and ~u~~y comply wifh ttie agreements, sfipu~afions, condifions nnd covenanfs o( saic~ note an~ t~is morfgage.
or eif~er; to per~o?m, comp~y wilk and a6ide 6y each and every the ugreements, stipu~ations, conditioru and
coi~enants se! jorih in said note nnd this morlgage or eifher. In Ihe event the mortgagor (a~l~ io ~y wf~en
due any tax, assessment, insurance premium or ot~er sum o~ money paya6le 6y virlue o~ saic~ note und t{~is
mortgage, or eilher, lhe morfgagee may pay ftie same, u~ifhout u~aiuing or a~~ecting t~e option to ~orec~ose
or any ot~er rit~l~t hereunc~er, and all sucf~ payments shull 6ear interesl jrom date t1?ereo/ at the i~ighest Iaw-
~~d mle then a~~otue~l by tf~e lau~s o~ thP $tatp o~ Florida.
any sum o( mon~y herein re'PfrPd IO be not prompt~y pait~ within ~irty dnys nexl n~ter
the same 6ecomes due, or ~iJ each and every ll~e ngreemenfs. sfipulafions, conditions and covenants of said
note and li~is mortga~e, or eitl~er, are not Jully perfor?ned, complied with nnd abided 6y, then the entire
sum mentionetl in said not~, arid 1F~is mortgage, or fhe entire 6alnnce tinpaid thereon, sha~~ ~orthwith or
therea~ter, at the option o) ihe morlgagee, 6ecomn anc~ be due and payadle, nnything in said note or {~erein
fo I~e contrary nofu~if~stan~ing. Fai~ure 6y ~hp mortgagee !o exercise any of t~e rig{~fs or opftons ~erein
provicrecr sha~~ not consfilute n waii~~r o~ any ri~{~ts or opfions under said nofe or fhit_mortgagp accrue~ or
t~P~POjter arcruing.
~n ~~t1lL,s WIK`e~`~ fhe sai~ mortgngor hns {~ereunto signpcj anc~ sea~ee~ t{~ese presents ttie
c~ny anrl year ~int a6oi~e u~ritfen.
Si nP PAIPd an cleli~~erec in t1~e pr~s~~nce o~: ~
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AL CE C. POONE
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~ ST4TE OF FLORIDA, ~
COL rTY nF g~,~IE
I HEREBY CERTIFY that on this day, betore me, an
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offic~r duly authorized in the Statt aforesaid and in the County aforesaid to tak~ acknowledgments~ p~rsonally appearcd S
William R. Spooner and Alice C. Spooner, his wife ,
to me known to be the persong described in and who ex~cuted the for~goinq instrument and ~p acknowkdged ;
be(orc me that thEl? executed the same. _ ~ ;
~ ~~'I7'NESS my hand and of(icial seal in the County and State last aforesaid thu day o[ ~
~ JUAe - A_ D. 19 73.
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~ \ ~c• .y NoUry PuDf~c. St~ts of Flaid~ ~t U~
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~ This I~,sr.r~n~~~n pr~parr'd by: ~ ` ,
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