HomeMy WebLinkAbout0495 and sl~nll pe~jorm, rnmply with and a6tde 6y ench and oi~ery the apreements, ~Npulationi, c~ondition~ and
rnvenants thereoJ, nnd o~ f1~ta mortgas~e, then tl~ts mortgags and the estate kenbr created, a1~nll cease, d~-
termtne and 6e ~ull and iwid. .
~ t~R morffloflor hew6p jurther couenants a~d ~.ees to ~r p,omp~ly wh.n dw iho ~t.~~l a.~d
interrsl and olher aums o) money prouicled ~or in intd nole and tkis n~oMgags, or either; !o pay all ond
singu~a~ ftie lnx~s, assessmenfs. ~evtea. ~tabt~ities. ob~tgatlons. and encumbnancea o~ every naluro oa tatd pro-
peHy; !o permit, coMmif or au~fer no u~aate. tn~patrmen! or deterio~ntion of said ~and or the Improvemenb
fherecn at any ttme: to keep the 6utldings now or heri?a~ter on ~aid land juUy tnaured 1n a swn o( ~o! ~eta
hi~hest insurable value
In a c~ompany or companies ac~epfa6~e to ihe mortgngee, fhe policp or po~iciea to 6. held 6r. and payab~e
to, said mortgagee, nn~ in the event nny sum o~ mo~ey becbmea ~ya6le by ~trtue b` auch. insurance the
. moMgagee shnll i~a~ the ~ight to ?ecetve and apply tl~e same to the tnde6tedneu ber+e6y iecured, nccounting
to the mortgngor /or_ any surplus; fo pn~ aQ costa. cha?ges, and expenaes. inc~uding ~au~pers ~ess and f11~t
searc~es, reasonably incun~ed o~ paid 6y the mortgagee becawe of t~e lai~w+e o~ ftie mo?tgagor to prompf~y •
and Jul~y co~np~y wit~i !~e agreements, stipu~ations, concjiftons anc~ couenants o/ antd note and t6is enortgnge.
or eit{~e~; !o per~o~m, rnmplp with and a6tde by eacl~ and e~ery the agreemenb, attpulaltons, condiftons and
coc~enants set jorth tn sald note and eht, mo?tgage or either, ln tl~e event 1he mortgagor fails to pny when
due ony tax, assesamenl, insuronce premium or ot~er rum oj money pc~ra6le 6y virtua o~ taid nole and t~is
mortgnge. or eitf~er, t~e mortgngee may pay t~e same, wilkout waivtng o~ a~fecting the option to ~orec~ose
or any otl~er rigl~t he~eunder, and aIl such paymenls sknll 6ea~ tnterest /rom date ther+eo/ at the 1~Ighest Iaw-
~ul r~ate tl~en allowed 6y the laws oj tl~e State o/ Florlda
~l any sum o/ money herein re(emec~ fo lie not prompt~y paid within 1$ days next a~tet .
fhe same becomes due, or i~ each and every the agreements, stipu~tions, rnndifions ancl c~ovenantt o~ :a1d
note and this mortgage, or eitl~er, are not jully ~~jormed, complted witk nnd a6td~d 6y, t1~en lfte e?eii?e
sum mentioned in said note, and this mortgaee, or the entire 6alanc~e unpaid ~heneon, shall (orel~wjth or
t1?ereajter, at t1~e oplion oJ ~he mortgagee. 6ecome and 6e due and paya6le, nnytl~ing in said note or herein
to the contnury notwithslancjing. Fai~ure 6y ~f~e mortgagee to exer+cise nny o~ t~e rig~ta or optiont ~erein
proviclec~ shal~ not constilule a waiver o~ any rig~ts or opfions unc(er said nofe or fhts mortgage accrued or
ltierea~ter accruing.
~n the said mortgagor has hereunto signed and sealed these presenb the"
doy anc~ year jira! above written. ,
Signed, sealed and delet~ered in ff~e prese~ce o/: ~
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, U - ~ ~ ?~tES R. OTTO
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~iARYLAr~
~ STATE OF ~K~~X ,
~ COUh'TY OF t/ ~r ~~h~C ~ ~ ~ ~
I HEREBY CERTIFY that oo this day~ betore me~ an
E officer duly authorized in the $tate atoresaid and in the County aforesaid to take ackaowkdgmenb, peryrD '
~ s .
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. 4
` JA~tES R. ~TT~ and MARY J. nTTO husband and wife '~~~~~'C.;~`
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c to me known to be the pcrson S described in and who ezecuted the forcgoing insuument and~~ ~t y~ c~Ehow~`~.,~
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i be(ore me that thev exccuted the same. .;~Z
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~ WI7'NESS my hand and ofGciai seal in thc County and State last aforesaid thu t/ ~drr q~; ~
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'av A_ D. 19 7 3
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; '~'v commission expires: ~/j/7 c~ ~56 9 - •
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at. wc~r ~,,.~c~~~fo
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~ ' JUM JZ ~0 Z3 AH'73
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; l~iis Lulrraiu~ll prtparrd by:
~ s~~x 2~5 493 .
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