HomeMy WebLinkAbout0358 ~nd shnll pe?jorm, comply u~itf~ and abide 6y Pach and enery the ag~eements, stipulattons, rnndetiona and
coi~enants there~(, ~rid o~ (his mort~as~e, then tl~is mort.qage and llee es/ate {~e?pby creafed, sho11 cease, de-
lermine and Ge nul~ an~ void. ' ,
Iin~ Ihe morfga{~o? 1~en~~~~ ~urther couenants a?+d aflrees fo pey pm~npl~y u~hen c~ue !he principnl and
inferesf an~ ot~~er sums o~ mon~y prot~icl~cl ~or i~i seia nole antj this mortgage, or eilher: to pay a~~ anc~ ~
sin~ular the tn.r~s, assessm~•nts, lei~ie~s, liabiliti~s, o6ligations, and encum6?nnces o~ every nnture on said prp-
perly: fo p~~rmiL i~ommii or su~j~r no u~aste, impairmenf or ~elcriorafion oj said land or fhe improvemertta
fh~m~~n any 1im~: to ~PP~ ~IiP buil~linns nou~ or herea(t~r on said land f u~ly insurrd in a sum o( not less
~ ~~'Q" hiqhest insurable value.
in n compan~ or companies acc~pfaf~~e lo Ihe morfgagee, fhe po~icy or po~icies to be held by, ancl puynble
to, said moriga~pe, ancl in Ihe e~~en! any sum o) money becomes poyabie 6y virtue o/ stt~l? insurunce tl~e
morlga~~e~p shall hai~e the ri~f~t lo ~PCPIt'P nn~{ apply the same [o the i~c~ebledness hereby secured, accounleng
to t~~e mortga~or (or any surptus; to pay a~~ cosfs, c~a?pes, ancj expenses, including ~atvyers JPPS ant~ /itle
searc~~i~s, r~asona~~~y incurm~r or pai~{ ~y t~ip morfya~ee becatesp o~ Itie Jailure o~ ftie mortgagor fo prompt~y
~nc~ ~ully ~•amp~y ~oifh f~i<• ac{r~~ntents, stinuj~lions, conailions oncr rnrennnts oJ saic~ note an~ f~is mortgage,
or eitl~Pr; to pNrform, ~omply ii~ilh und a6ide by encf~ and enery !he ngreemenls, stipulalions, condilions and
coe~~nn~els sef ~orfh in saicl riofe a~c~ this morlgage or either. /n fhe event fhe morigngor Jai~s !o pay u~~en
clun any tn.r, assessm~nt, insur~nc~ premium or olher sum oJ money paya6~e 6y i~irtue of said nole and tF~is
mottgage, o~ ~il~}er, t~~e mortgn~e~e may pa> the same, u~iitioul waiving or ajfecting t~e option lo joreclose
or ~ny otlier riryht hc~r~imder. ~nd al( surl~ payments shall 6ear infprest (~om date 16ereof at Ihe higl~est Iau.-
(u~ raf~ t6en a~~oined by fl~e ~au=s of the ~~qIP o~ Florida.
DI ariy sum oj mon~y i~~rein re(e~r~cr b E,e not prompl~y paid w~tht~Fifteen (15)c]ays next a(ter
thP snme b~c-omes du~, or i( E;zch and ~i~ery the agreemPnts, slipulations, conditions and conenants o/ said
note and this mortc~ar~i~, or ~ilher, nre not (ully perjormed, compliec~ witF~ and ab~ded by, t1~en Ihe entirp
sum mentioned in saicl not~, and t/~is mortgage, or the enti~e bajnnce unpaid tl~ereon, shall jortl~with or
t~erea~ler, af t/~~ optio?i oj fl~p morfgagee, ~ecome ane~ ~e c~ue and paya~ile, anyfhing in said note or tierein
to f~P ~onlrary nolirif~~s/onclinq. /'ailur~ hy the mortgac~ee fo exerrise any oJ f~e rig~ls or options ~erein
proviclec~ stinll not consti(uf~ n u~nir~r oj ~ny rig{~fs or oplions unt~er soi~ notn or i~is morfgage accruec~ or
1h~~~~(ter nc'c'ruin~~.
~n ~itness ~hereof~ tl~P said morf,qa,yor tias hprPUnto siyned and sealed Ihese presenls the
~ar ari~ ycKtr Jirst af?or~ ri~rif/P~i.
~it~nt•t~. ~E~a~erl nntl tl~Iit~~r~~~ in 1~~~ prps~nce o~:
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MAR T M. BURGESS "
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~ STATE OF ~A, ~C w l~0 ,C/c
€ COl'\TY (lF ~S~c,C~=c ~)~C _ ~
~ I HEREBY CERTIFY that on this day, betore me, an
~ o(iic~r dul~~ authorized in the Statc aforesaid and in the County aforesaid to tak~ acknowled,qments, p~rsonaily appeared
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r JOHN E. BURGESS and MARGARET M. BURGESS, his wife
" to m~• known to be the person g described in and who ez~cut~d the fot~going instrum~nt and they acknowledged
~ befor~ ?nc that they cx~cuted the same.
~ ~~'IT\ESS my hand and official seal in thr County and Statr last afor~said this ~ day of
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~ July A. D: 19 73.
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i'/ I30TARY PUBLIC ' j
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; ~ My Cot~nission Expires:
" ~ AW"rf~Y f ~~,A~[ ~~~~Y~~~~: ~ ~ .
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