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HomeMy WebLinkAbout2056 an~ sl~a~~ perjorm, comp~y wifh and n6ide 6y eoch and every f1~e agreeme~ls, •tipu~atlo?ia. condiflons and co~~enants thereoJ, and oJ ll~is mo?tgas~s, then this mw~9a9e and the e~tate h.re6y created, shall ceose, de- termi?~e and be null and iroicl. nl~~ f{~e mo?tgaflo~ henf6y ~urther covertanta nnd ag~ees !o pay promp~ly wl~en dua the p~inctpal and tnte~+ea! a~c~ of~er sums o~ money provided for in aaid note and tl~ti mortgage, or eit{~er; to par a~~ and stngu~ar fhe Inxes, nssessmenfs, ~euies, ~iabt~ities, ob~igafiont, and encumbronces oj eve?y nature on satd pro- pe~ty; to permil, commit or su(~er no waste, lmpai?ment or deteriomfion o( satd land o~ f~s tmprovement~ f{~erecn af any lime: fo ~r~p the 6uildings ~ow or hereo~ter on .atd lond ~ully ina~ue~I !n a sum of not ~eu than hifihest insi~rahle value in a company or companiea ac~ceplab~e fo ftie mortgagee, fhe po~tcy o~ po~Icies to 6e heW 6r, and pnyuble ' fo, saic~ mortgaqee, an~ in !l~e event any sum of money becomes ~ya6l~ 6y vtrtue of auc~ insurnnce t~e mortgagee shnll {~ove tl~e right to rNCeiuc? and apply tl~e sume to tl~e inde6tedness here6y secured, aceounting , to fhe morfga~or for any surp~us; to pay a~~ costs, charges, and expensea. inc~uding ~awy~s ~ees and itt~e searches. ~~oRa6ty incurred or paid .6y IF~e morfgagee 6ecause o/ tl~e ~ailure o/ the mortgago~ to prornptly aRd ju~~y comp~y wiff~ f{~e agreements, stipu~attons, condiltons nnd covenants o~ snid nole and thts mo?Igage, o~ eif~er: fo per(orm, comply with and a6ide 6y eac1~ and every the agreements, atlpu~afions, rnndilions and rnuenants set jortl~ in said nole and fRis mo?tgage or eitker. In the event 1he mortgagor /nils to pay when c~ue any tax, assessmenf, insurance premium or olher sum o~ mon4y paya6le 6y virfue ol said note anc~ fhis mortgage, or either, 1{~e rnortgagee may ~y ~?~e same. wil~out watving or a~(ecttng fhe option to ~oreclose or any ot{~er rigl~t I~ereuncler, and ull such payments sl~nll 6enr interest /rom date tl~ereoj at the higi~est lnw- ~ul rate Ihere ullowed by Ihe lau~s of the State oj Florida. 7l any sum o) money herein re~errecl to 6e ~ot prompfly paid within f i f t een days next a~tar f{~e same becomes due, or ij eac?t and every fl~e ngreemenfs, stipu~afions. condiiions anc~ covenants o( said nole and this morfgage, or either, are nol jully perjormed, complied wiih and a6ided 6y, tl~en the eniire sum mentioned in said note, and t/~is mortgage, or fhe entire 6nlunc~e unpnid il~er+pon, s1~all /ortl~wilh or thereajter, at t6e oplion oJ tl~e morfgagee, become and 6e due and pnya6le, anything in snid note or I~erein to t~e confrory notu~it~stanc~ing.-Failurn by fhe morfgagee io exercise nny o( t~e rig~ts or options ~erein proviclec~ s{~a~~ not constilute a u~ai~~er oJ any rig~ls or options under saicr note or this morfgage accrued or 1{~ereajtcr nccruing. ] ]j~i?,~ Dn ~D~IIL~s f{~e sai~ morf,qago? tiaa reunto signe~ anc~ sea~e~ lf~ese presenls the cray an~ year ~irst a6one u+rillen. ~ ~ Signed, sealed and li~~ in ihe p sence - - ' ~ . RR N ~i. STRi~:~r~~~-~ ~ J N F L~,_ - - - ~ ` - - °:STRO. - ' /c~i2~l , ! ~-c~ n,9 ~ ~~.l~~E',L ' - ~ ~ ~ ~1ICHI(:AA STATE OF ~~~X, ~ COUNTY OF ?(',C~~f~~ ~ I HEREBY CERTIFY that on this day, beforc me, an officer duly authorized in the Stat~ a(onsaid and in the County aforesaid to tat~ ackaowledgments~ personally appeared kARREN ~T~tnn~r, and CATNF.nINF. STRn?~TG, hushand and wife to me known to be the penon S described i~ and who executed the (orcgoinq instiument and thev actnowkdged beforc me ~at t h e~xccuted the same. N'[1'NESS my hand and of(icial seal in the County and Sute last a(oresaid this L_ day o( ti 1,ii~4C? -T(! ~ A. D. 19 7 3 ~ y ~ ` x - . ~ TARY Pt1R~, - ' ~ ~ - ~ ~ : • . ~ ~ • : Zs1-'~ "y commission expir~s: ~ • IOHN F. DOOEPr_ Q e0 ~ Nol~ry Publ?c. Wcyrt^ rcW?ntY, f.1~d? ~j~jC1E C~~Y~L~. ~ Mr Conm::s~n~ Expi~e+~ Dec. 14, 14~ ~ 110CE~ PO!YM= z C{.E~tR C«LU O COU~~ aECO~~ vEa~. ~f 1~ ~ Oa t~l'~3 ` ` ~ zi? ~2048 ~ Tl,rs L,~n~,~~~,n prrpnrrJ by: . - . AJdr~rs ~~X_ - - ~ .~_.u .