HomeMy WebLinkAbout0655 and sI~aII pc~rJorm, cumply wit{~ ~nd a6ide 6y each and every the ag?eements, slipulation's, conditions and
co~~eriants the?ew(, and o~ this mort~a~e, tF~Pn fl~is morlqage and fl~e estafe here6y created, shall cease, de-
fermine ancr he nu« ancr voi~~.
~nd thp murtganor herc6y (urlher covenants and agreea to pay promplly when due the prtncipa! and
inlere~l anc~ ofher sums o) money proaided Jor in sai~ note anc~ t{~is mortgage, or eithe~: fo pay a~~ und
sin~ular fhe taxes, assessmpnts, levies, Iia6ililies, o6ligations, and encumbmnces oj every nature on said pro-
periy; fo permil. commit o~ suf
fer no waste, impairmen! or c~elerioratton of sa~d Io?~d or fhe. i~nprovemenls
thPrecn al any lirne: to ~PP~ IhP huildinfls no~u or herno/I~r on ~aid land /ully insiurc! in a sum o/ not less
~6an full insurable value.
in a rompany or ~•ompani~s a~~~~t~bl~ fo ihp mo~tga~ee. llie policy o~ po~icies to 6e held by, and paya6le
Io, said mort~a~ee. and in Ihe ei~ent any sum oJ money bernmes paya6le by virtue oJ sucF~ insurance the
morlgngee Shall ha~~p Il~p ri~l~t lo ~e~-eive nnd apply ~he same to tl~e inde6tedneas hereby securecl, aceounting
fo I~~e morl~a~or ~or any surplus; fo pay a~~ cosls, c{iargps, ane~ expenses, inc~uding ~au~yer~s ~ees and itl~e
sQarc~es, rnasona~~~y incurre~ or pai~ hy 1/~e morfgagee hecause o~ fhe ~ai~ure o~ ftie morlgagor fo prompl~y
ancr ~u~~y comp~y u~ith Ihe aflreements, sfipu~afions, con~ilions an~ t~ovenanfs oJ saic~ nofe an~ Itiis morfgnge,
or pil~~er; fo perform, comply u~itl~ an~I abi~Ie by eacf~ anc~ every f{ie agreemenfs. slipu~ations, concrifions antl
cot~enants set for11~ iri saicl note and this morfgage or eilher. In tl~e event Ihe mortgagor fails lo pay when
due any tax, assessm~nt, insuranc•e premium or othPr sum oJ money pnyable 6y nirtue o( saic~ nolp ancl tF~is
morfgage, or e+it~~er, ihp mo?f~ayee may pay the same, u~ithou! u~nii~ing or aJjecling f{~e option to (orec~ose
or any other ri~ht {~ereunder, and all such puyments sl~a~l ~par interesf ~rom date tF~ereoJ at the 1~ighest lau+-
(ul rnte th~n allowe~l 6y flie ~a~os of fh~ Stafe o~ f'lorida.
D` nn~ cum oJ mon~y ~~erein re(errec~ lo he nof prompt~y paic~ wiltiin thirty (30) dnys next a~ter
tli~ same 6ecomes di~p, or i/ eacle an~ evPry IF~p anreempnts, sfipuCations, conclilions and rni~e?iants o) said
note ond tl~is morigaqe, or Pl~hPl, are not /ully per/ormed, compliecl wifh and a6~dpd 6y, tl~en t~e enfire
sum mentionc~l in ~said nole, and 1{~is mortgage, or tF~ e e~~i~e 6a~ance unpaid Ihereon, sha~l (ort{~with or
fharenJtpr, al th~ option o~ ti~e morfgagee. ~ecame-2md be due and paya6le, anylhing in saicl note or herein
!o t~i~ conirary nolivif~~sfancling. Failur~ ~,y fhe morl{~agee lo exercise any o~ ftie rig~ts or opfions ~erein
pronicj~~ shn~~ nof constilut~ n u~aii~Pr o( an~ rig~fs or options unc~er sai~ nofe or t~is morlgage accrued or
f~ernaJl~r nrcruinc~.
~n ~itness ~hereof~ th~ sai~l morfgngor has f~ernunto sinnPCl anrl sealecl fltese prpsenls tl~e
cral an~ y~ar ~irsl a~~oi~e u~riflen.
$ignP~. s~a~ec~ aru~ c~P~ir~rn in f~e presrncP oJ:
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' LL,~,.u,t, . ~
G.~.-../i.- - ' .~:,k- . - - ~
; Alan B. Callaway
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~ STATE OF FLORjDA, ~ ~
t COC\TY <)F j~ r°~"`~ ~ Y
~ I HEREBY C;ERTIFY that on this day, be[on me~ an
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officer duly authoriz~d in the Statc a(oresaid and in th~ County aforesaid to tak~ acknowledgmenu~ p~rsonaUy appearcd ~
~ AIAN B . CALLAWAY~ a~ '~C~ {
to me known to br th~ person describ~d in and who eaecuted the for~qoing instrument and he acknowledged ~
b~for~ me that he ~x~cuted the same. -~L~
~~'i7'tiESS m~• hand and o([icial ual in thr C:ounty and State last aforesaid thu j~` day of
~ ~ ~ ~ A. D. 19 73 ~ `
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Notary Yublic ~
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" tAY~~O::.'11:;a1ntr' EXPI;:ES Ir~F;. 29. 19-;i
~ ~~~~iut~t~~~~~ bi:tiL'ED fH°U GE:tEP,Ai. itiSJ~i+hCE L'~~DEkNr?itE:;~
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,°i!b' SNBrFtUMENT pREpARED nv~ ~lph H. LEstea g~~Kzi~ p~~~ ~~3
~ ~+BSTRACT et TITLE CORP O~ F'{ ,
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~ 8aa ~2 ~ FORT Pl~1ICt. /LAIt~Ln - -
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