HomeMy WebLinkAbout1961 i
and shal~ per~o~m, eomply wilh a?~d abide by eoc1~ anc~ e~~e?y ll~p agreemenfs, sltpu~aleons, rnndUions ond
co~~enants llipreoJ, and oJ tRis mortgape. Ihen this mortgage o?~d ihA eitate here6y creatad, shall cease, de-
fe~mtne and be null and i~oid.
7ZIW f~e moNga~or {~ereby ~url~er conenanfs aRd agrees 1o pay promplly when due ihe principal nnd
i~terrsl and olher sums o( money proniderl jor in salcl nole and fhis morfgage, or etlher; to pay alI and
aingu~ar fhe ta.rps. QSSPSSI~tPi1I1, IPl~lPS, IIO6/I%IIPS, o~~tflaflont, and encumbmnces o( every nafure on said pro-
perfy; fo permtt, rnmmil or su~~er ?:o waste, impairment vr ~~l~orntion oJ saicr ~and o~ Ihe Improvemenb
Ihprecn al any time: to ~PPp IhP 6uildi~~~s now or he?ea f t~r on ~aid Iand /ully insurnd in n sum o~ not Ieu
than 1 I L
in a company o~ conTpa~~ic~s accopta~~e !o t~ie mortgaflee, _ the po~icy o~ policies to bg 6pld by, and paynbla
_
to, saic~ morlgagee, aric~ in IRp ei~en! any sum of mon~y 6~om~ poyobi~ 6y uittue oj such insurance ~~1ee -
morl~a~ee sha~~ {~ave Ihe rig{~t to ~eceive and apply the same lo the inde6tedness hereby securec~, accounttn~
to the mortga~or ~o~ any surplus; to pay aI[ c~sts, charges, and expenses, includeng Iewyer's jees and title
searc~es, reasonnbly incurre~ or paid 6y fhe mortgagee herause o~ ftie ~ai~ure o~ I~e morfgogor fo prompl~y
and (ully comply u~ith fl~e agrePments, sfipu~ations, con~itions and covenants of saic~ note aR~ t~is morigage. ~
o~ eit~ier; to per(orrn. ~omp~y u~itli and a6i~e 6y each and every fi:a ~„~oments, stipu~ntions, conc~itioru and
coe~ereanls spt ~orfh in soi~ note nnc~ fhis mortgage or eit{ter. ~n the event !he moMgagor fai~s to pay w~eR
due any tnx, assessmenf, insurance premium or other sum oj money paya6le 6y virtue o/ said note and tl~is
mortgage, or eitl~er. Ih~ mortgagee may pny t~e same, without waiuing or a(~ectinfl (f~e option to forec~ose
or- any other rigi~t hereu~der, and all such paymenfs shall 6ea~ inte~est (rom date thereo/ at the higbeat Inw-
(ul rnle lhen allotne~l by Ihe lau~s o~ !he State o( Florida.
any sum oJ money herein re~prrp~I to be nof prompf~y paicr wilhin thirty (3~~t~nys next a~ter
!he same. 6ecomps due, or iJ eacf~ and every fhe agreements, stipu[ations. conditions and covenants oE said
note and tl~is mortga~te. or Pither, are not ~ully perjormed, complied with and ab~ded by, then fhe entire
sum menlioned in snid note, and t/~is mortgage, or the entire Galance unpaid thereon, shal~ ~ortl~mith or
lhereajter, at t~~ option of the mortgngee, beeome nnd 6e due and payable, anytl~ing in said note or 6erein
to fhe contrary nolwiti~standtng. Fnilure 6y ihe mortgagee lo exencise nny oj f/~e rtg~ts or options herein
pro~~ic~ec~ s~al~ nol consfifufe a wainer o~ any riq{~ts or options un[~er saic~ note or this mortgnge accruet~ o?
fherea jtrr accrui~t~.
~n ~~ln~s ~hereof~ tl~P snid mo~l,qn,qor {~as l~preunto signed and sealed these presents lF~e
c~ay anc~ year ~irsl aboe~e ~nrillan.
Signed._sea~ed_an~ dPlir~red in t{u1 presen~ `
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STATE OF FLORIDA~ ~
COL~\TY nF ST. L[1CIT -
I HEREBY CERTIFY that on this day. be[ore me, an
officer duly authoriz~d in the State a[oresaid and in the County aforesaid to tak~ acknowl~dgments, personally appearcd
T it PF~SP and I?F.?.'F l'. RF.ESF, his ~vife
to me known to be the penon S descritxd in and who eaecut~d the for~qoinq insirument and •0 acknow e g
befor~ me that they ex~cuted the same.
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~~'17'\F.SS m}• hand and official sea! in tha• County and Statc last aforesaid this 7t~1 day of
Sentember p. D. ~g73
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NOTA UBLIC. S~~ ~ / ~
~ My Comme'ssion Expires peC~~e ~ ~rge
S BondeO T?,.,. ~~~Tp. 18. 1976 -
i OWHERS lNSURANCE CO. r
~ fIIED ~NU HEGOROED ~ ' •
Sj.IUC~E^COUNSY fll?. !
?OIiRAS . . .
' ROG~'', ~~IT COUftT . • • ; ~ .
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= 263'71'7 ~ ::;~::.slh~,~~.
1%is I»~n~,~,f„~ pr~p~„r~f by: `
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; 8~~2~8 ~~19~
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