HomeMy WebLinkAbout1957 and sF~all perjorm, comply wifh and a6tde 6y ~ch and every fhe agroements, stipulaeioni, vondtttau and
conenunts thereo/, and oJ t1~ta mo?tgape, then tkis mwtgaee and the eitate h.mby crsated, slwU c~e+a~s~.. d~-
termine and 6e nsill and uoid.
111~4 ttie mortgoAor hen.~6y Jwthe~ rnvenanfa and agrees to pay promptly when dw tIu p~tncipal and
inte?es! and other suma of money pr+ovided ~or in said note and f1~4 mor~gnge, or etther; fo pay nu and
aingu~a~ f1~e taxps, assessmenls, ~utes. ~tabi~tites, ob~igntiona. ~d e~w~6.n.~: oj eve~r noturo on raid pro-
perty; fo permit. commi! o~ suf~e~ no waate. impairment or deterto~+atlon of :a~d la,~d or tl~e iw~powmeRb
tl~pr+ecn a~ any time; to Irpep Ihe 6utldin~a now or herrajter on satd land /ully inaur+ed in a sum oJ n~ I~as
than _ _ _ _ _ _
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tn a company or companies accepta6~e to t~e ?nortgngee. !tie po~tcy o~ po~lcies !0 6e 6eld 6y, and papa~t
to, said mortgngee, an~ in 1{~e euent any sum o~ moneq ~iecomea ~ya6l~ 6y vtrtue of auch insur+arios the
morfgagee shall l~ave fl~e right to rc~cetve and apply tF~e same to the indebtedneu I~ere6r secur~ed, ooc~ounting
to t~e mortga~or jor any surpl~u: to pay n~~ costs. charges. nnd expentet, inc~udtng ~awyer s(ee~ and ltl~e
searches, reasona6ly incume~I or paid 6y tl~e mortgagee 6ecause o( t1~e /ailure o( the mwtgagor to pron~ptly
and jully comply wif~ !/~e agreements, sttpu~ations, conc~iftons nnd eovenanfs o~ said note nnd t~is w~ortguee.
or eit~e~; fo perform, c~omply with and a6ide 6y each and er~ery the agreemenb. stipt~ntions, eondifions and
covenants sef ~orf{~ in saic~ note anc~ i~is mortgage or either. In fhe event t~e mortgngor ~ai~s to pay u~hen
d~ any e~, assessmenf, insurance premium or ot{~e~ sum o~ money puya6le 6y virtue oj said note anc~ this
mortgage, o~ eil/~er, t/~e morfgagee may ~xiy el~e same, wFt~out wniving or aJjecting the oplion to jorec~ose
or any oll~er rigl~t hereunder, and all such paymenls sl~al! 6ear interest /rom date thenwj at the higbest la~u-
jui raie inen niioiu~ Ery i~i~ ~aws o~ t~e $fate o~ F~oritrn.
~l nny sum of money herein re~erred fo be not prompt~y paid within Thirty ~1?= ~~f ~~K
I~e snme 6ecomes due, o~ ij each and euery !{~e ngreernenfs, stipu~afions, conc~ilions and rnvennnb of snid
nofe and t1~is morigage, or eit~er, are no! ~u~~y perJornted, rnmp~ied u~it/~ nnd n6~ded 6y, fhen t{~e enfire
sum mentioned in said note, nnd this mortgage, or the entire balance unpaid ther+eon, shal! (ort/~mitl~ or
tl~ereajte~, nt the option oJ the mortgagee. 6ecome and 6e due and payn6le, nnything in snid note or berein
to f~e contrary nolwilhslancling. Failure 6y rtie mortgagee fo exercise any o~ t{~e ?ighb or optio~s herein
provided s~a~~ not constilute a waiuer oj nny rig~fs or options under saic~ nole or this mortgage nccn~ or -
t{~erna~ter accruing.
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n~tness ~hereof~ the saic~ mortgagor has hereunto signed and sen~ t{~ese presents t~e
day nnd year lirst a6ove u~ 'tlen.
Signe , spale a dp t~ered in iF~e presence o):
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'I ARTHUR POWERS
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STATE OF FLORIDA, ~
COUNTY OF BROWARD
I HEREBY CERTIFY thac on chis dar. before ~ae~ an
officcr duly authorized in the State aforesaid and in the Count aloresaid to tak~ acknowkd nu a
Arthur Powers
to me known to b~ the person described in and w`,a executed the forcgoing instrument aad wh0 acl~nowkdaed ~
be(ore me that he cxecuted the same. n ~
~ ~YI1'NESS my hand and officiat xal in the County and State last a(oraaid this ~ r day d
September A. D. 19 73.
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p~ 1VpTARy pvQ~~C. State ot Fiorida at L~, ~
~i My Comm;ssion Ezpires Juy 18, 19~7
~1`EO Ax~ qE~~ROE A ` Bond~ ~r AUTO OWNERS IHSU
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~ Tl~u bu~malr~rl preprt~d hy: 800K ~~v PACE~~~
Addrexs
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