HomeMy WebLinkAbout2761 an~ sl~a~~ per(orm, c~omp~y with and ab~de br each nnd ei~ery the agreemenb, ttipulattoti, conaittona and
conenants the?eor, and of tlets mortpape, tl?en tl~[s moH9ags and tl~e sitate lesro6y crsotad, •?~nII cease, d~.
te?mine ancl Ix? null and uold.
111~11 f~P +no?tgagor {~eruby (urtl?e~ eovenant~ ond agrees to pay proinplly when dw tI?e principal and
tntere~! and ofhrr su?ns oj ~noney provided ~or tn ra~c~ note and f~ila mortgwge, or eitl~sr; to pay a~~ anc~
stngu~ar t1~e tnxea, assessmenta, leutes, ~iabflttles, ob~tgattoru, and encumbrances o( euery natw+e on sata pro-
perty; to permtt, commit or suf
fer no wasfe, Impalrmenf or defe~iorafion ol ,atd ~d or f~e lmprovamenta
Ihp~ecn al any time; to ~~ep tl~e bulldings now or I~erea~ter on said ~and (ully iruwed !n a sum oj not Ieu
f~an
in a co+npuny or companies acceptab~e fo the mortgagee, the po~tcy or po[ictea to be held by, and payable
to, said mo~ageR, nn~ in lhe euent any sum o~ r?eo~ey becomes ~yab[~ by ot.tue o( such fnsurance t/~e
morlgagee sF~al1 havE? the right to re~ceii~ and apply II~e anme to the tnde6tedness hereby seeured, ac~ounttng
fo Ihe moriga~or (or any aee~plt4s: to pay n~~ cosfs, c~urges, nnd expenret, lncltu~Fng ~awyer s~ees and title
sea~rties, rPasoi:ably incunr~l or paid by tf~e moAgagee beCause of t~e ~ai~cu+e o~ the mortgago~ to pron~ptly
and Ju~~y comp~y wif~ I~e agreemeRfs, sttpu~at~ons, conditiona and covenants of said note and this enortgage.
or eilher to perform, comply wt~h and abtde by eac6 and every fhe agreemenfs, stipujationt, rnndittoru arid
rnvenanfs set ~orfh tn sai~ note and I~is morlBage or eithe~. /n the event the n~ortgagor let~s to puy w~en
due nny tax, assessment, ensurance premium or olher sum o~ moneq payable by ui~tue of satd nole and t~is
morfgage, or eit~er, !{~P marfgagee may pay I~e same, wifhout u~ntoing or a~~ecting t~e opfion to ~orecloae
or arty ofher rigl~f I~ereuncler, and al[ sucl~ payments sleall bear tnfert~sf ~rom date thereof af fhe highest 1nw-
(uI rate t6en allowed by the lau~s oJ flee State oj Flo.~da.
any sum of money ~erein re(er?ed to 6e not promptly paid within thirty cjnys next a~ter
• the same 6ecomes due, or ij eac1~ and every Il~e agreements, stipulations, rnndifions and rnvenants of said
note ond tbis mortgage, or either, are not Jully performed, complied witb nnd a6~ded by, then the enttre
sum mentioned in snid note, and tl~ia mortgage, or tf?e eittire bulance unpaid tl~enaon, aleal~ forlhwill~ or
fhereajter, at t~e option o~ the rnortgagee. 6ecome and be due and paynble, anytl~ing in snicl note o~ I~erein
to fhe contmry reotu~ethsfaading. Failu?e by rhe mor[gagee to exercise any of l~e rig~la or opttotu ~erein
provie~e~ s~a~~ no! conslilule a waiver o~ any r~g~ts or options ander snid note or t~iis mwtgage accrued or
f{~ereo~t~r accruing:
~n ~itness ~hereof~ t~e said mortyagor feas he~unto signed nnd sealed Ihese presents the
cjay an~ pear Ji?sl a~oi~e u+ritfen.
Signpd, se d Q~d deli~~pred in Il~e prpse?ice of : ~
- ~~~C" ~--1.
~ -
AME R. Y
- '
-MAR - --~?tAI~Y - ~f~
't
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STATE O~ FLORIDA, ~
COU:117'Y OF St. Lt1C~6
1 HEREBY CERTIFY that oa thi: dar, bcfore mr, an
ofiicer duly authorized in the State aforcsaid and in the County aforesaid to take acEnowkdgmenu~ personally appeared
JAt+i~S R. MAI~Y and MARGAR~'T MAI~Y~ his ~rife~
to me known to be the penon g described in and who ex~cuted the [orcgoing inst~ument and they acknowkdsed
beforr me that t$@3f exccuted the sune_
WI1'tiESS my hand and oificiai seal in the County and State last aforesaid this ~ day o(
~Tl~y A. D. 19 73•
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ittE(1 i`!` F£40ROEC ` G •~~s~ .tt~,.
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ST.IbC!E i.~~yTtf FLA. ~ Co~ission exp~i~a: ~ r ~
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17iis I?wruinca~ pnp~rlrrd by: Sam C. Gay, Nianager
I,awyers Title Insurance Corporation
321 South Second Street ~~n~
~'t. Pi.erce, F'l.orida 33~+5~ ~U~k ~~s fl
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