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HomeMy WebLinkAbout1561 an~ sha~I piv(orm, ~-amply u~ifl~ and a6ide by each an~ ei~ery the agreements, stipu~alioni, conditions and co~~enanfs thereoJ, and oJ this mortqane. Ihen If~is morfgage and 1{~e estate I,e.~6y crented, shall cease, de- fermii~e an~I ~ nu~~ ancl coic~. ~n~ t{~P mortga~or ~~en•hy ~urfhe~ covenanfs and agrees to puy promptly whe~ clue the principal and interesl anc~ ofher sums o~ money proni~ec~ (or in sai~ note and fhis mortgage, o~ eilher; fo pay a~~ nnd _ sin~ulnr fhe IAXPS, aSSPS501PI1I3, IPI~IPS, liabilities, o6liyaliuns, ane~ encum6rances o~ every nafure on said pro- periy: ~U E~ermil. commif O~ C1I~JP~ /l0 U~QS~B, impai?mpiit O~ deterioration O~ Sat~ ~R~ Or the improvemenfa ~~1PMCf1 l1~ QII)' ~IIIiP: ~O ~PPn ~~1P ~IIi~(~1IIl~S ROU~ O~ hPlPU~~P~ Otl SAI~ ~QII~ f Il~~y 1!!t!!tB~ tR Q SUIII 0' IIO~ {PSS I e{~a?~ his*hest inseirahle valiie in a company or compani~s acceplaGle to the morlflaflee, the po~icy or policies to 6e {~eld 6y, and ~.ya6le lo, saic~ morf{~ac~ee, an~ iri Ihe evenf any sum o( mori~y 6ecomRS pnya6le 6y virtue oJ auch insurance the mortgagee shall ha~•p Ihe righl to r~ceivp and app[y Ihe same to the indebtedness he~e6y secured, accounting to t~~e mortga~or ~or any st?rplus: fo pay a~~ costs, charges, and expenses, inc~uc~tng ~awyer s(ees ancr lit~e search~s, reasona6ly incu?recr or paid 6y ~he morfgagee 6ecnuse of f~e ~ai~ure o~ fhe mortgagor to prompf~y ane~ jully comply u~ifti Ihe a~reemenls, stipu~ations, con~itions ancr covenants o~ saicr note nnc~ f{~is mortgage, or eif{~er; fo pPrjorm, complp u~itli and a6ide by eacl~ and euery !he agreements, stipu~afions, condilions and coi~enanls set (orth in said nole and this mortga,qe or either. In thp event the mortgagor ~ai1s to pay u~hen c~ue any fax, nssessmenf, ins~!rance premium or ot~er sum oj money paya6le 6y virtue of saic~ nole and f~is mort~nge, or eif~~~r, Ihe mortgngee mny pay f~~e snme, wifhou! u~nivinq or a~jecting !he optian to jorec~ose or any ot{ier ri[~RI {~erPUncler, antl alI such payments sha~l bear interes! ~rom date tl~ereof at tl?e higf~est law- ~u1 rate Il~en al~owed 6y fl~e lau~s Of ~~P Slnte o~ F~orida. D~ any sum o~ money tiPrein re(prre~ fo he nof prompt~y paic~ within fi fteen c~ays next affer II~P same 6PCOmes due, or iJ eacli ancl ei~ery II~e agreem~~fs, sfipulafions, concrilions and conenants o( said i note nnd this morigaq~, or eitl~er, are no! /ully ~p.~ormed, comp~ied witl~ and a6~c~ed 6y, tl~en tl~e entire ; sum mentioned in said nofe, and ftiis mortgage, or t{~e entire balance unpaid ihereort. shall ~orfhwifh or ' fl~ereaJter, nf 1he option o~ f~e mortgac~ee. tiecome an~ be c~ue and ~ya6~e, anyttiing in saic~ note or herein z to I~e c-onfrary notu~ithstartc~irtg. Fai~ur~ hy thp mortgagee to exercise any .o~ t~e righls or options herein pro~~ic~c~~ sEia~~ nof consfifule a u~ai~~Ar o( any rig~ls or opfions uncler sai~ note or ttiis morfgage nccruea or s } t{~ernajfer occrui?ig- { ~n ~itness ~Ihereof~ ~~IP S~I~ mor/gayor ~1Q5 hPrPUnto SII~RP~ ancl spalecl fl~ese presents ~~P c~al an~I year first a{~oi~e u~riffen. $ign s~et~ ancl tl~Iir~rnt~ in the pr~si~nrP o(: , ' ~,.JQ,,.~„~ ~ . ~ . . - - g-_~&.-~.~ - - - ~ - ~ , ,~TF'T: '~~~rT~ ~H~:`'n~: . ~ , i ~ ; ~ ~ ~~i : < .f~<_~ ~ .~z Lle--y:~ f~d tt ~ • J~-~L~G L~ ~ : - . - . -=~r~~ - - - - - i ~ ~ CnT~~T'~~i('F,---~-~~~ ---HE~rt`r~s~f'f~ - - i ~ . . . . . . _ - - - . - - t S ~ . i ~ . - . - - - - - - € ~ ~ ~i.(lnjT1A ~ STATE OF F~~~b~;~ . ~ ~ CnL'\TY (~F ~j~J~.~,ti~ ~ I HEREBY CERTIFY that on this day, before me. an ~ o(ficer dul}• authorized in the Statr a(oresaid and in the County aforesaid to tak~ ~cknowledgmenu, p~rsonally appearcd ~ ~,«~FFT. ?~~t'T!? ~!r*:nrncn~ anc! M\~Tn~~~F ~t. ~~~\'PF~~~1' ~ hiishand f, ~~ri fe ~ to m~ known to tx the prrsonS described in and who ez~cuted the for~qoinq instrum~nt and t}le~~ acknowltdgcd t}1C'~' - ~ beforc me that ~x~cuted the same. ~ .~~!~MV~r7;~iESS my hand and official seal in thr County and Statc last afor~said this day of ~ ~ ~L A. D. 19 7 3 - . c~ ~4 ' ' .ti r _ _ , . . . } L` a ' : . . : . : C Q iJ ; , t~. . f. _~:.s„-~-- - • ' ~ ° flLf D Rk[ ~t :.1rc~E0 -1..~~~~:~.rrv ~,l,~L.T r i ~ : v . . ST. ;.~CIE iUUMTI' f:lt. _ ~ Y,1 n Y f~ P(,.'^~5 n ~ ~ CL~`~~ ;ls'~ ..URT f~; . ~ p~..,,,, ~ ~ c~m~i ~si ~n ~xni rAs :L_..__ : - R~~ ~ ~ 1~ 1 h~~~ J MY COMM SSION FJ( IR S 1UY~s26, 41975RG~ x~ - • GENERAI INSURANCE UNDERY1R17ERS, INC. 26'7'718 ~u; ~ ti-~ '~*t. r~~ . _ ~ ~ ~Q %'Ir~s /n~~nnlr~•?t~ r~Frrr~~~! ly: • SOOI(~~V PAG: la~v0 P rt c%frr.cc ~ ~ , . . _ _