HomeMy WebLinkAbout0881 and s/ia11 ~~erfonn. cou~ply tritli ur~d uliide 1?~~ cne~G un~l i~c~~r~ the u~rce~ncnts, .titi~~ulutiau, conditio~u and
co~;eriants thereo/, and oj fliis u?ort;;u~;c, tlicn tl~is rnur~~u~~ uud tl~e estute• ?+crchy c•rculcd, sl~all cease, de-
termine and Le null arul voicl. '
~ the mortga~;or hereby fe~rtl~er coueuants a~ul u~;rees eo ~wy pramplly iclien clue N~e pri?ui~al urul
tnte~est and othcr sums o/ morte~ j~rvt~uletl for in sairf ~wte a~ul lhis ~nnrl~;u~e, or either; to ~wy ail a?ut
singuiar 1he taxes, assessments, leuies, liabilities, oLli~atiur~s, und c~uyui+brunces of cuery ?wture on suul prop-
erty; to ~ermit, co~n?nit or suBeF ?~o iraste, in+~wirntc~ut or dc~eriorution o~ said laiul or il~e irnproucments
tliereon at any time; to ~eep tl~e l,uildin;~s noic or l~ercu/ter on said lund ful?y iiu~~rcd in a sun~ of nof less
than '
tn a comJwny or comJ~anies acceptable to the niorttia~;ee, tl~c ~~alicy or J~olicies to Le l~eld by, nn~l pa~~utile
io, saul ntortganee, and in t)ee event any nun o/ mancy becames Jxiyal~le by virlue of such i~uurunce ihe
mortgasee shnil hace the ri~;I~t to receiue and np~~ly tite same to the indebeerh~ess 1~erel,y sea~red, accounting
to the niortga~or for z~rn~J surplus; to ~wy al! costs, cliur~es, u~ul ex~xnccs, indudin~; laecyer's iees aru~ fitle
searches, reasonably tncurred or ~wid by the rnorttia~;ee because, o~ N?e failure o~ the mortga;~or lo prompN_y
arut fulG/ con~~~lr/ ~cith the n~reenients, stipulutio~~.s, conc/itia?~.s ond c•ocenunts of said rwie and ihis mortgage.,
or eidier; to perfonn, comp6~ ~cith arul abi~le by cuch and currry tl,c u~reen~ents, stipulutions, cortciitioru and
couenants set forN~ in suid ~tote mul this mort~a~;e or either. In N~e eccnt tl~e r?iort;~agor fails to pat~ icl~en ~
due an~/ tax, assessment, inn~rance premium or od~er suni o/ mo~ic~~ ~xryaGle bt/ uirtue of said ~wtc arul t1~is
mortga~e, or eitl~er, N~e n~ort~;a~ce ?nay Jwr~ tlre same, ~cithout u•aiciu~ or a0eclinr the ol~tion to foreclose
or anJ od~er ri;;ht 1?creu~u~er, and ull sud~ ~wipnenes shal! l,eur interest /rou~ dute N~creo/ at tlae )~i~hest laea
ful rate ihen allo~ced l~r/ the laics o~ the State oj Florida.
~L 4/11~ S111)! Of moner~ l~ercin re%rred to be not promp~l~~ puicl erifl~i~i thirty da~s next after
I ti~e same becon+es due, or i/ eacl~ and cver~ N~e a~;reentents, S~l~)UIQI1014S, ca~ulitio~~.s and cocenants o/ said
note and tl~is mort~;a~e, or eitl~er, are not /t~lltJ per~ornted, comp/red ~rith und ul,ided by, tl~eri t)ie entire
sum mentiorzed in said iwte, an~l d~is rnorttioge, or tl~e entire balunce un~~aid thereon, sl~all fortl~~ceth or
thereafter, at die option o/ tl~e mortgagee, become and be due a?ul ~xryable, anJtheng in saicl note or berein
to die contrnrr/ i~ot~cithstmulin~. Failure btJ the mort~;a~ee to exercise any o/ N~e. ri~lds or options )~erein
prouuled shall not constrtute a u~aiuer o/ any ri~;lits or optio?~.s under said note or this mortgage accrued or
ihereafter accruing.
~n ~hereof~ the said mortgatior has here~~nto si~;ned and sealed tliese presents ihe
doy anct year first al~ove ~critten. ~
Signed, se d aru! delioered in the presence of: / 1 _ ~
. L LI~c.-.~.-c~---• :51--~ ,
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STATE O~ ~LORIDA,
~ couti~' or St.Licie' ~ ~
~ I HEREBY CEFTIFI' t}~at on this day, be[are me, an
~ oi~'icer duly autlH~rizcd in the State aforrsaid arxl in the County afor~~said to take arkno~~-kclgments, persunally appeared
~ ~enjaain F. S~ith Jr. and Alice C. Seith
~ to nx~ k~H~~~n to Iw~ th~~ ~w•r,ong d~~~crilwYl in an~l ~cho i~~iY•ut~•cl IIN• I~rn•L'uinL in.tn~nx~nt an~l tbe~ :u~ktw~cledQetl
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Ix~fun• ~nr th:~t ~tl~ ~•~~Y i~t~•~l Iln~ ..~nn•. .
~ \1`IT\Gti1 mc h.~ud :?nd ~dlicial x:d in th~~ Cu~wh :tnd tit:~tr la.t atun•stid thi. 19~ . day of
E~ ~ v ' ~ ~ ~ .
~ lioreober .a. t~. i~~ 73
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; NOTARr ?n*r~~ c~~rc ns'r?~ry~A~A _
jlt-pAM~.q. Mr co~~ssioH Exon~~s ~c?~. die. ~v~•' =
y~ ~ ~{j~IB ~ ~~1~Y /~A, ~OIiDlD THRU (iENERAI INSUlpAlIC~U~qi~1M~~
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