HomeMy WebLinkAbout1679 and shall pe?jo?m, comply with and a6ide by enck and every the agroamen~s, alipulationi, condi!!a?u and
co~~enants thereo~, and o/ fhis mortgape, then tl~ia mortgage and the esfate hen6y cnetited, il~nll oeass, d~-
fermine and be nti~~ and tatd. '
7UNi the mo~tga~or herv6y ~url~?er c~ovenanfs and agrees to pay promplly whPn due fl~e principal n?~
interesl nnd oiher sums o~ money provtdecl ~o~ in said nole and f1~ti moNgage, o? elthe?; to pay a~~ aru~
stngt~~ur f~e faxPS, assessmenfs, ~evles. ~iabi~Ilies, ob~igofion.t. and encum6ra~cea o~ every nnture on sotd pro-
perly: fo permtt, commil o~ su~~er no wwte, impairmenf o~ aete?ioration o~ saicr ~and or fhe improvemenfa
fhprrcn al any lime: to keep tl~e I~uilcrinps now or he?ea)ter on aaid land /ully inaured 1n n sum o/ not leu
than
in a company or rnmpanies acceptab~e+ to t~e mwfgagee, fhe pollcy or policies to be tie~ by, and poyable
to. said morfgagee, an~ in fhP euent any sum o~ money bec~omes rxiya6le 6y virtue b~ ~uch iruurance fhe
morfgugee sha~~ haue the right to rrcetve nnd apply Ihe same to the inde6tedneas hereby secured, acc~ounfing
fo Ihe mortga~or (or any swp~us; fo pay a~~ costs, charges, and expensea. inc~tujing ~awyer s~eea and tit~e
SC~MhPS, rnasona6ly incu~ or paid 6y the mortgagee because o~ the jailure~o~ Ihe mortgagor to promptlr
and f
u~~y comp~y wifh t~e agreemenfs, stipu~afions, eoncjtlions anc~ rnvenanfs o/ suid note and t{~is mortgage.
or eifher: to pe?jorm, comply with and abide 6y ench nnd every lf~e agreements, slipulnftons, rnnditions and
cot~enants set ~ort1~ in said note and this mortgage o~ eitker. In the event the morlgagor /atls to pay when
due any tax, assessment, insurance premium or other sum o/ money paya6le 6y virtue o/ said note and tl~is
morfgage, or eit~er, I~e morfgagee mny pay I~e same, withouf woiving or aflecting f~e option to ~orec~ose
w any oiher right {~erpunder, and all such payments shall 6ear inferest jrom dote thereoj af ti~e I~Ig{~est Iaw-
~ul rafe lhen nllou~ed by tF~e laws o/ the Stnte o~ Florida. ~
any sum of mon~y herein re'PK~ IO 6e not promptly paid wifhin Thirty c~ays next af ter
tl~e same 6ecomes due, or i( encf~ and every the agreements, stipulations, conditions and covenants o( said
note and this mort~nge, or eilher, are not jully performed, complietl wttl~ and o6~ded 6y, Ihen the enti?~e
sum mentioned in said note, nnd this mortgage, or the entire balance unpaid the?~eon, shaU (oNl~witl~ or
therea~ter, at the oplion oJ 1he mortgagee. 6ecome and 6e due and paya6le, anytl~ing in said note o~ herein
to fhe confrary notiuit~stanc~ing. Fai~ure 6y ~I~e mo~tgagee to exer+cise any o~ fhe rig~ls or options he:ein
pro~ic~ed sha« nof constilute n u~aiver oj any rig{~fs or options unc~er said note or this mortgage accrued or
lhereajler accruing.
~n ~itness ~hereof~ fhe saic~ morfqagor has {~ereunto signe~ nnc~ sea~ec~ f{~ese presents I~e
~ay an~~ year ~irsf ahone writfen.
$igned • s nd tJ red in presence o~: ,
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~ STATE OF FLORIDA. ~
~ COU\TY nF gRp(~~
~ I HEREBY CERTIFY that on this day~ before me~ an
~ officer duly authoriz~d in the State aforesaid and in the County afor~said to take acknowkdgments, penonally appeared
Arthur Powers
to me known to be the penon described in and who ezecuted the foregoinq instrumeot and w}~p acknowledged
be[orc me that he ex~cuted the same_
= H'!7'NESS my hand and ot(icial seal in thc County and Stat~ last a(oresaid this day ot
~ September n. D. 19 73.
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NO7ARy pUg~~C, State aI Florida at larg~.
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~ My Cornmission Expires July 18, 1977
ri ~ h qECO~QE~ Bona~ AUiO OWNE83 INSURANCE,
fItEO A~ COUMjY rl1?.
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