HomeMy WebLinkAbout0646 anc~ sl~aU perform, r~mply u~ilh and a6ide 6y encti and ea~ery the agreeme~~fs, slipu~afions, rnnditions n?uj
covenanls Ih~reo(, and oJ this mortgas~e, Ihen this mwtaage anc~ Il~e estate f~ere6y created, shall cease, de-
termine an~I ~e nu~~ an~ i~oi~~.
thP mortga~o? her~+by f urthe~ couenanta and agrees to pay prompily when due the principal nnd ~
inlenes! and olher siims ol money provt~ec~ (or tn satd note and this mortgage, or etfher; fo pay a~~ a~d 4
singular the taxes, assessments, Ie~~ies, lia6ilities, o6ligafions, and encum6rances o~ every nafure on said pro- ~
perty; to permit, commit o~ sii~f
er ria u~aste, impuirmen! or deterioration o~ saicr ~anc~ or fhe improuemenb ~
1hprn.•n at any time; 1o k~pP ~hp 6uildings nou~ or hereajt~r on saic~ ~antl ~ully tnsured in a sum o~ ~o! less ~
~~an full insurable value. ~
in a compnny or compani~s AMPPIQ~I6 to Ihe mortga9ee, !he policy or policies to 6e held 6y, aRd ~ya6l~ ~
to, said mortga,yep, qnd in Ihe eoent any sum o( money becomes nayabl~ 6y virlue of such iruu?ance the
morfgaAep shall hai~p the riflht to n~c-eive and apply the same fo the inde6ledness liere6y secu?ed, accounting ~
to !~e morf~a~or (or any surp~i~s; to pay a~~ costs, c~arpes, uncl expenses, including ~awyer~s (ees and tif~e x
searches; r~asonably illClllrP~ or ~~a~d 6y ~hp mortgagee 6ecause o( the ~ni~ure o) the mortgngor fo promplly ~
anc~ ~u~~y comp~y u~ilh the agreemenls, stipu~afions, conc/itions and conenanfs o~ said note and t~is mortgage.
or eif~er; to perjorm, romply u~ith ond a6ide by each and PPPry I~P agreemenfs, stipu~ations, condiiiona nnd ~
conenants set /ort6 in said nofe and this mortgage or eittier. ln the event the mortgagor /ails to pay when ~
c~ue any tax, assessmenf, insurance premium or ot6er sum of money puyn6le by virlue o) saicr note and ihu ~
morlgage, ar eilher, f~~ morfryayee may pay ttie same, without waining or a~Jecling the option to ~orec~ose ?
or any oiher rigl~t F~ereunder, ~nd a~~ surl~ payments sl~all bear interpst jrom dale ther~eo) at ti~e ltighest lau~- ~
(uI rate Ii~en allowed by tf~e lmus u( 11~~ Stat~ o~ Florida.
any sum o~ mon~y {~erein re~PRP~ ~O be not prompf~y paic~ withinthirty (30) dnys next njter
the same becomes due, or iJ eac1~ ana every fl~e agreements, stipulalions, condilions and couenants o~ saic~
notp and this niort~~c~e, or either, are not /ully per/ormed, complietl with and ab~ded 6y, then tf~e entire
sum nientionc~l in said nofe. a~~d ~hts morlgage, or the entire 6alance unpaid IF~ereon, sl~all (orlhwith or
tl~erpafier, at th~ opiion o) flep morlgac~ee, 6ecome an<I 6e due and paya6le, anyfl~ing in snid note or herein
to ItiP confrary nofurif{~star~c~ing. t'ai~urc~ by t{~e mortgagee to exprcise nny oj Ihe rigtifs or options tie?rin
proi~i~e~l s~ia~~ not consfilufP ~ u~ainPr o( any righls or options unc~er sai~ note or this mortgage accrued or
fherpo(ter accruing.
~n ~~tll~s Wh~Ot~ ttie said mortgagor hns I~ereunlo signed and sealed these presenls the
~Iay an~ yc•ar Jirsf af~one ~vrifien.
S19?1P~. SPO~P~ a?1~ ~P~t1~Pf~ IIl ~~P PrPSP1IfP O~: ~
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~ STATE OF FLORIDA, ~
~ Cni;1TY ()F (~j ~Z G w /L
~ I HEREBY CERTIFY that on this day. beforc me. an
officer duly authoriud in the State aforcsaid and in the Count~id to tak~ acknowledgmenu, personally appeared
~ OSCAR K. JOHNSON, a single adult~ ~j
~ to me tinown to bt the penon deuribed in and who ea~cuted the lorcgoinq instrument and he acknowledged
~ before me that he ~xccuted the same_
~
~ 1~'l7:tiESS my hand and of(icial seal in the County and Statc last aforesaid this ;'f~ day o[
~ ~GUFL. a. D. 1973
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Notary Public . c:., i i,^ • _ ~ _
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s ST.IUC'.f ~:1L'NTT P~~. _ ~ . ? ~
R~~E~ ~ ~ ~AS ~
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` CIEFK ',~~IT COURT '
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