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HomeMy WebLinkAbout1953 i : and shall pcrjo~m, comply wilh and a6ide 6y each and eva~y the agreements, sfipulafioris, c.onditions and corenanfs thereof, and oj this mortgas~e, lF~en If~Is mortgage and tke sstale here6y created, sf~all ceuse, ds- lermine and be nu~~ and in~id. 71n~ !hP mortga{~or herc~tiy (urthe~ covenants and agrees to pay prompt~y w~en due Ihe prtncipnl and ` interesl anc~ ofher sums o( money prooided (or in said nole nnd thia mortgage, or either, to pay o~~ nnd 3 _ ~Influ~ar fhe inres, assessmer~ts, ~evies, ~labi~ities, ob~igationt, nnd encumbronces o( every noture on taid pro- ~ perty: fo pe?mit. commif or su~fer no u~asfe, impairmen! or c~eteriomlton o~ said ~ond or fhe tmprovementt ~ Iherncn at any fimp: to ~YPp I~P huildings now or hereaJter on said land Jully insured in n sum o( not lesa , fhan g~,I, jNSURAALE VALUE. ~ in n company or compnniPS accPptable to fhe mortgngee, tl~e policy or policies to 6e hpld by, and pnya6le ~ to, said ?IIOI~~aI~PP, a~d in fl~e enent any sum oj monep 6~rom~a ~ya6le 6y virtue o( sucl~ insurance !he ~ mortga~ee stiall harP ttie right to receiue ond apply the same to tlee tnde6tedneas here6y secured, accounting ~ to the mo?tna~or (or any surp~us: fo pay a~~ rnsfs, ctiarpes, and expenses, inc~uding ~awyer s f ees and fif~e ~ searc~~s. r~asonah~y incurre~ or ~atd 6y ~hp morfgagee because o( t~e ~ai~ure o~ I~e Inortgagor fo prompt~y i an~ ~~~11y comp~y wil~ t~e ag~eemenls, sfipu~utions, conc~ifions and covenants o~ said note n~~ fhis morfgnge, ~ or ei~?~er to perjorm, comply u~it{~ and a6ide by each and every the agreements, stipulations, conditioru and ~ covenanls spt ~orlh in said nole and lhis mortgage or eit{?er. In the even! tke morlgagor jails to pay when ~ c~ue any tax, nssessment, inau~ance premium or other sum of money payn6le 6y virtue o/ said note and this ~ morfgage, or eif~~er, f{~e morfgagee may pny fhe same, wilhouf waiutng or a/Jecfing fhe option to ~orec~ose ; or any ofl~~r rig~t I~ereuncl~r, an~ nll such paymenls sF~nll 6ear intprest (rom dule ttiereof at Ihe 1~ighesf ~aw- (u~ ratp ih~n al~uiued by Il~e lau~s o~ Ihe State of Florida. ~ , i # DL nny sum o~ mun~Y ~~erein re(errec~ !o hp not prompl~y paitr wifhin thirty (30) days nex! a~fer ~ ; thP same becomes due, or i~ each and ei~ery the agreements, stipululions. conditions and ~-ovenanls o~ said ~ nolp and ttiis morfgage, or eitl~er, are not )ully performed, comp~ied with antl a6~ded 6y, t1~en the enlirp ~ sum menfionp~ in said note, and this mortgnge, or tl~e enlire ba~artce unpaic~ inereon, shol~ fort6wif{~ o~ ~ i{~ereafter, at th~ option oJ tl~e morlgagee. 6ecome and 6e due and payable, anyt6ing in said note or I~erein ~ f fo ttie contrary nolu~ithstandinn. Failure E~y f~e morfgagee lo exercise any o` f~e rig~ls or opfions herein ~ pro~~ic~ec~ s{~a~~ not rnnsfifulP a u~aii~er o~ any rights or opfions un~er saic~ nofe or f{~is mortgage nccruec~ or # tl~Prpo~t~~ accniin~. I11 the event the mortgagors shall eease to hold the fee title to : the premises encumbered hereby the mortgagees at th ir opt~ion,~y ~ec~a~~ the Ob ` ` l~gatio secured ~ie=eby ~ue an pa}~ e n u, iamed ately.~ ~n ~itness ~~~Ol~ ITiP sai~ morfg~gor {~ns {~ereunlo signe~ and sea~ecl ItiPSe presents ftie t~ay ancl year ~irst a'~ove u~riNen. $ign~t~, sra~et~ an~ ~~~i~~~re~ in fhe prnsencp o~: , ~ . . ~ ~?~e~. ~ ~ ~ ~-'-e---- ~ ~ . . - . ~ - . ~ - ~ . _ . , Z-~~-'-~-L I ~ ~ ~ ~ r d P ze ~ , ; ~ - - rot~l~i~q M.~ H zel~--~--.. . . ~ ~ ~ ; ~ - - - ~ € ! ~ € ~ ~ s STATE OF `~l~" ~~~'l ~ ~ COL'\TY nF l s I HEREBY CERTIFY that on this day, betore me~ an ~ officer duly authorized in the Stat~ a[oresaid and in the County aforesaid to tak~ acknowledgmenu, p~rsonally appeared ~ HAROLD P. HAZELL and DOROTHY M. HAZELL, hia wife ~ to me known to br the personS described in and who eaecuted the for~going instrument and who ~~t~o.~ledg~a ~ be(or~ me that they ~x~cuted the same. i _.r-~-'"~ ~ ~~'I7~NESS mp hand and o(ficia) xal in thc C:ounty and Statc last a(oresaid this jrf:;~~,t~ d1r of ' " ~ a ~ • z December A. D. 19 73 ° ~ - , ~ • • . ~ - - ~ ~ ~ ~ .°a y ` . . ~ ~ s{ Notary publ~~ - NOTARY PUBUG OF NEW. JERSEY6 Mq commission expirea My Commissioq ~xQu~s A~ ~ z ! . ~M4 RECOROE~ ~ ~ f11fD ~OUMN ~L~~ l 51.~11C~Ett PO~1RA5 ~ ~ Cl~fiK CtiiGU~1 C01~NT ~ RECnRD ~EQ~f1EQ ' 3 5Z ~M ~~3 %7ric Inslrn~~u•~r~ pnFrrnJ l~y: ~ :x _ _ ,~d,>r,:~s "oox 2~. 1 2'701~-Q g _ - _ :