HomeMy WebLinkAbout1953 und shal! pe~orm, comply w~ih w~d n6~d. 6y ~h w~d fi?~r t1~ ag~swvnti, stipulstio.is, c+onditiona and
conenants tl~ereo~, and of thts moHgape. tl~en f1~L n~ortgoge and tl~e eatute I~e~+~b~ c~wfed, d~aU c~ore, d~-
termine ond be null and void.
71111i 1{~e mortgapor henr6y ~url~er eouenants ond agreea !o pay prow~pt~ ~n/~en dw t/~s p~incipol ~
interesl and other sums o~ ~noney provided lor tn sald nots and thia w~ortgoQe. or ett~w: fa pa~ s0 ~
atngu~a~ f~e faxes, assessmenls, ~evtes. ~labi~ilies, ob~igationt, nnd encuin~ o( eoery nafure M~ pio-
perfy; to permit. commit or suj~er. no u~aste, i~npairntent or deieiior~ation of said ~and or i/a ia~pwo~ntitls
!{~e?+ecn at any time: fo ~eeep fhe bui~ings now or herra~ter on said ~aru~ (uU~ insured tn s swn o~ nM 4ss
1~an
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in a com~wny or con~ponies accepfoble !o I~s ~nortgages. t~s po~c~r or po~icias b~~~7r. ~ p~.
to, saic~ morfgagee, an~ in ftiP event any su?n o~ money ~coomes ~yabf~ 6y .?~e~ o~ suc~i insur~e t/~e
mortgagee shall have fhe rtgkf to receiue and apply the same to tlie tndebta~dness I~e~eb~ se~.mre~d, oc~o~nti+~
fo fhe mortga~or (or any surp~us; to pay a~~ eosts. ckar+ges, nnd expenses, inc~tnp ~a~uyers je~e= and ttt~t
searcf~es, rrasonably incur?ed o~ paid by the mort9agee 6ecause o/ !he (atlun oj t1~s nwrtgaeor !o pro~wptlp
and ~ully comply wiiti f~e agreements, stipu~ationa, ow~ditions and c~o~rennnb oj said note and t~is w~u:.~;_.
or eifher; to per(orm, comply with and abtde 6y encl~ and everp !ke ogr+ee~nenls. stipu~ations, owditeo~s and
couenanls set forf~i in satc~ note nnd ftiis mortgage o? ei!/~er. ~n tke event ttie morlgar,pr ~ai~s b par ~r/~en
due any tnx, assessment, insurance premiune or ot/~er sum o/ ~y ~~b4 6r a.t~. ol said nots ana l~iis
morfgage, o~ eilher, t~e mortgagee may paq I~ie snme, u~it~oul wniving or a~jerting t~e option to (onr~ost
or any other right I~ereunc~er, and all surl? paymenb s1~aU bear intenst ~rom date t6e~roj at tl~ Iugiiest la~o-
~ul rale tl~en allowed 6y tl~e lau~s of the Stnte of Floridn.
1L any sum of money ~erein re%~red to be nof prompt~y paid u~ithin thizty ~a7r ne~ci a~ter
fF~e sn?ne 6ecomes c~ue, or i~ eac~ anc~ euery 1I~e agreemente, stipulations. rnnditions and c~oveiwnts of said
note and this morlgage. or eitlter, are not Jully perjortned, rnmp~ied urill~ nnd abide+d 6~, t~eln tl~e entin
sum menlioned in said note, and tl~ia mortgnge. or t6e entire 6abnc+e unpaid t6erron. sl~aU /o+iluvitl~ or
thereaf ter, at lhe option oj ehe mortgagee, become ~d be d~ a.~d ~~6k, anyfhing in said nofe or /~erein
to Ihe contrary notwithstanding. Failure 6y t6e mortgagee to exerrise any oj the rigl~ts or options 6er~ein
proi~iclecl sha~~ nof consfif~de a u~ainpr of any rigtifs or options under snid note or f~is mortgage acYrued or
t~ereaJler accruinp.
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Dn ~~tness. ~hereof~ the said mortgagor tias ~ereunto signed and s~ ftiese prese~ts ttie
cray an~ year ~irst a6one u~rillen.
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- Signe~. en~e anc~ - eli~~e~ed i-- e presencp
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f~. . . - - - ~ 1\I~1'H(Jtt--POWERS---------
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~ STATE OF FLORIDA~ ~
COUNTY OF B~wA~
I HEREBY CEItTIFY thac on t6is dar. bdore mq aa
otficer duly authorized in the State aforcsaid and in the County afareuid to uke ackoo+rled~ments, persooall~ appeared
to me known to be the person described in and wl?o executed the for~goina imtrument ~nd wh0 xknorrkdaed
beforc me that he executed the ume.
~ WI7'NESS my hand and official seal in the Countr and Sate last afore~aid this lpT daT d
Septe~?ber A. D. 19 73.
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~ NOTAR'Y PUBL7~. State OI F10ri~d at ~.ir~.
~ Mp Commissbn E~es Juh? l8, 1977 9
~ kDE~ ee^era sr wuio n~~_r~
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