HomeMy WebLinkAbout1586 and shall pEVJorm. ~timply wilh ared abide 6y each and every the agreements, sltpu~attoris, condetiona and
conenants Ihe~eoJ, nnd o{ this mort~aAe. Ihen this mo?tga9e and 1{~e estale hereby c.eoted, shaU cease, de-
termine an~ ~e nu~~ an~ noi~~.
Tin~ f~~P mo?fga~or hen~hy jurl{~er co~~enanfs anc~ agrees fo pay prompf~y w{~en crue fhe principa~ and
interesl and ot{~er sums o( money prot~ided (or in saicj note ancl this mortgage, or either: to pay n~~ and ~
sirtgular Ihe IA.\PS, assessmenls, lei~ies, ~ia6i~ities, o6li~ations, anc~ encum6mnces o~ every nnture on anitl pro-
PPf~y; t0 permif, commif O~ SII~jPr !10 11~~StP, impairmen! O~ c~elerioration O~ said land Or ~~6 improvemenfs
~~PfPC11 Q~ QII) ~1II1P; ~O ~PPP t~IP hUl~(~t/1Q5 ~10lU O~ ~IC~PQI~P~ 011 SQId land (U~~y ItISUfP~ IR U SUM O' RO~ ~PS1 ~
than highest insurable value.
in a c~mpany o~ compani~s acc~pfa~~~e !o fhe morl~aflee, the po~icy or po~icies to 6e held 6y, and ~,ya6l~
fo, saicl morlc~agee, nnt~ in ItiP erent any sum oj money becomes payab~e 6y virfue o~ such insumnce f{~e
morl~nAee shall ha~~e tlie right to rc~ceive and apply the same fo tl~e indebtedness he?e6y secured, acoounting -
fo t~e morf~a~or ~or any surplus; to pay a~~ costs, c~a?ges, and expenses. inc~uc~ing lawyer~s ~ees ant~ tit~e
s~arches, r~asona6ly incurrecr or paicr hy f~ie morfgagee hecause of f{~e ~ai~ure o~ fhe morlgago~ !o prompt~y ~
an~ fully c-omply ivil{~ tl~e agreements, stipt:~afions, con~itions ancr covenanls oJ said note ane~ fhis morfgage.
or either; !o per~orm, romply u~ith and abide by each and CVPPy ~~B agreemenfs, stipulations, condilio?u nnd
co~~erinnls sel (ort~ in saicr nofe ancr this morlgage or eiftier. ~n the event fhe mo?fgagor Jai~.s !o pay when
tjue any tn.r, nssessmenf, i~suran~e premium or ol{~er sum o~ money paya6le 6y i~irtue oJ saicl nole and this
morfpage, or eit~~er, 1{~e morlyag~P may pay f~e same, u~il{~out u~aiving or a~jecfing the option to fo~ec~ose '
or any ofher ri~lit I~erpund~r, and all such payments s1~all benr interpsl from date t?~ereoj at t{~e 1~igl~est lau~- S
~ul mle Ih~n allo~ued by II~P lows of the State o/ Florida. ?
Dl any sum o( mon~y {~erein re(erre~ io he not prompl~y pni~ wifhin Fifteen cjnys next a~ter
thP same becomes du~, or iJ each and ~rery the a~reements, stipulaiions. conditions and coi~enants o) said
note and Il~is mor!l~age, or ~ifl~~r, are not fully petformed, complied u~ith and a6~ded 6y, t~en f~e entirp z
s~im mentionPCl in said nbtp, an~ Iliis mor~gage, or th e entire 6a~nnce unpaid tl~ereon, shal~ (orlhu~ith or
ther~a(ter, al tl~e option o) lI~P morlga~ee. 6pcome and 6e ~lue ancl paya6le, anytl~ing in said note or herein
to f~ie rontrary notu~ifhslanc~ing. Failure 6y ~h~ morfgagee to ezercise any of 1{ee rig~ls or options tierein _
proi~i~~~~ sha~~ no[ constil~e~~ n u~ait~er o~ any rig{~fs or opfions unclpr saicr notp or this morfgage accruec~ or ~
1{~erea~l~r nccn~iten. ~ -
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~n ~itness ~hereof~ t{~~ said mortgagor has hPreunto si~tned and sealed these presents thp ~
c~ay anc~ year Jirsl ahot~e u~riffen. -
Sic~n~cl. ~~~ed anc( d~~ir~r~ 'r~ th~ pr~~sF~n~P o(: `
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- _ - ~ - ~--~~x ~~.-Q- . :
- . _ . . - - - - ;
, ROBERT O. SMITH ~
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i ' JEAN F. SMITH
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~ ~ STATE OF ii~D~ r,~~ -
~ Cnt'\TY nF • " `t ~ -
~ 1 HE ERTIFY that on th?s day, before me, an +
~ o((i~er duly authorized in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgments, p~nonaliy appeared
~ ~ ROBERT O. SMITH and JEAN F. SMITH, his wife
~ to m~• known to he the prrson S described in and who executed the forc¢oing instrument and they acknowledRed
~ be(orc ine that they ~accuted the sam~.
~ ~~~Il~\ESS my hand and of(i~ial ual in the County and Swt~~ last a(oresaid this day of ;
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K July, D. 19 73. -
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NOTARY PUBLIC
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