HomeMy WebLinkAbout1972 anc~ s~ial~ p~rJorm, ~-ump~y wifh ~nd a6ide 6y eac~ anc~ every ~~e ag?eemenls, sitpu~aftoni, condifions and i
rn~~enants t{~ercwJ, and oJ fhis mo?tpaAe, fhpn thts mo?t~age arul the estate he.~6y crented, shall cease, de-
fP?mine aucl Ix~ nu~~ an~ t~oi~~.
]1n~ the mo~fgano~ ~~emhy ~u?fher covenanls and agrees lo pay promptly when due Ihe p?tncipal a~d
inlerns! and ofher sums o( mon~y provicle~I ~or tn saic~ note and I~is mo~fgage, or eifhe~; fo pay a~~ und
slnflular 1{~e IAICPS, assessments, l~vies, lia6ilities, o6ligations, and encum6rances oJ every nnlure on snid pro-
perfy; to pe~mil. commil o~ suf
f
er no ivasfe, impairmenl o~ ~eieriorofion o~ 3a~d bnd or the improveme~is ~
If~erncn at nny fime; fo IrP~p Ihe buildings now or hernajl~r on suitl lanc~ ~ul[y insured in a sum oJ not less #
than
i~i a c~onq~anr or ~~ompani~s arcrpta~~~e to Ihe morfga~ee, 1he po~icp o~ po~icies fo 6e 6e~~ 6y, and paya6le
to, saicr mortc~ac?ep, ant~ in I~~e euenf any sum o~ money becomes payabTe 6y virfue ol such insurance t~e
mortflagee shall I~ane the ri~ht to receiue ond apply tf~R same fo the indebledaess I~ere6y secured, accounting
(o fhe mort~a~or (or any surplus; fo pay a~~ cosfs, c~arges, ane~ expenses, inc~uding ~awye~ s~ees ancl lit~e
searc~es, reasona~~~y incurre~ o~ paicr by 1{~e mortga~ee 6ecause of fhe fai~ure o~ Ihe mortgagor to prompl~y
nnc~ ~ully comp~y u~ith il~~ aflreemenls, stipu~alions, con~itions and conenants oJ said note and ttiis morfgage,
or either: fo perJorm, comply u~ith and a6icIe 6y each and euery Ihe agreements, slipulations, conditions and
• conenanls set forth in said note anc~ f~is morlgage or eiil~er. In the event the morfgagor /ai~s to pay when
due any ta.r, assessme»t, insumnce premium or other sum of money paya6le 6y virtue o~ saicr nole and Ihis
mortgnge, or eil~~er, f~~e morlgnfle~ may pay 1{~e same, wil{~out waiving or aJjecting ihe option to (orec~ose
or any oll~er rigl~t I~er~un~er, n?tcl al~ such payments s6all 6ear interest rrom clate fhereof a! IF~e F~ighest ~au~-
~u~ rafe t~~nn allotue~I I~y f{~e ~aii~s o~ ~hp Stafe o~ F~orit~a.
nny sum of mon~y herein reierre~ to ~e not^prompt~y paid w~th~n --3p-- days nex~ a~ter ~
the samr hr<~um~s r~ti~, or i~ eac~ anc~ ec~ery~ !he agreemPnls, stipu~ations. con~ilions an~ conenanis o! s~i~ 1
note and t1~is morl~~ac~e, or eittier, are nol /uny per)ortned, complied will~ and a6~ded 6y, IF~en IF~e enlire ~
sum mentioned in s~i~~ nofc~, and this morfgage, or ~he enlire 6a~ance unpaid tf~ereon, shal~ forthwit6 or
IORIPpJfar, af f~~ oplion o~ f~p morl~a~ee. 6ecome an~ Ixr due and paya6le, anything in aaic~ ~nole or ~erein ~
fo I~e conlrary notu~ifl~stnn~ing. F'ai~ure 6y ~hp morfgagee !o exercise any o~ fhe rig~ts or opfions herein
pro~~icle~I sha~~ nof COIISIIIIIIP Q IPAIPP~ o( any rig~ls or opfions un~er sai~ note or f~is mortgage accruec, or ~
t~~•rnajtrr accruing. ~
t
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~n ~itness ~hereof~ I~~e sai~ morlg~,yor h~s I~Prnunfo si~ne~ antr sea~et~ f~~ese presents thp
t~ay aru~ year ~itsl ahot~e «+rillen.
_S' ~~I, SPOIP(~ ~ red in t{~e preserice o/: _
- :
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_ . . - - ~ _
~~--..--.:1'~ -
ine P . Welshans
,
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,
:
i - - ~~d.M_..L~..~ _ ,,ct - - -
' ~ i
- ~ - -
~ ~ ichard W . tarr, Jr . •
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STATE OF FLORIDA. ~
CO[:\TY OF S~ L6tC~C.
I HEREBY CERTIFY that on this day, bcfore me~ an
offic~r dut}• authorized in the State aforesaid and in the County aforesaid to take acknowledqmrnts, penonally appeared
GER.AIDINE P. WELSHANS R~. ~ c~N.~ S~i'-t
to m~ known to br the prrson described in and who e>ecut~d the tor~goinq instrument a~d 8~1@ acknowkdged
~ befor~ me that gbg ex~cuted the same.
~ ~~'I'l:\ESS my hand and ufficial sea! in th~• Count}• and Statc last aforesaid this ..~~.~1J~day o(
~ ~
Septgarber D- ~g13 ~
~ `
~
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~ • ~ j Z: t~ I~~/~~, -*_j•_"'--' ' .t
`i? . ~ • s` ;I~i • ~ lYOt$~ Pu~Qy P. t~G S~ i a3 3~ t~:
~t~ ' otary Se~) My 28, 1975
~ . ~ COIIlIril~(fii"~4'~S: `
~ ~ T^'~ . tr'~ ~
~ ' V D 1 A _ . _ . . . . .
0 1 . ,
~ STA ~F LO R t D A
~~^att!d DOCUMENTARY -~p STAMP it.~ ~ :i
~ '~~rntt~••`' N DEPT. F REVENUE ~~i i
- _ ,~~~;•~a t : ~ Z 8. 9 01 : ~
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~ 1%ric /ris~n~~nr-~t/ prr~nn~! 1~~: n R
~~s ~.971 ~
~ :~~~,~,~_~s ~~218
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