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• o~tc~A~. ~~c~n.~ 453 F~f~36
~OOK
and shall perjorm, comply u~ilh and abtde by each und ei~ery fl~e ag?eementa, sttpulalton's, condiliona and
conenants Ihereo(. ur:~ o) this morlAas~e, then fhls mwlgage and the estate kereby created. :holl ceaae, ds-
termine and be n~dl and i~oid.
iliN~ fhP mortga~o~ fiern6y f urfher cover~anls ond agreea to pay prompt~y when due Ihe prtncipa! und
interesl anc~ of{~er sums o( money provide~I jor in ~aid note and this mortgage, or eilher, M~•ay all and
singula~ 1he ~axes, assessmenfs, leuies, lia6ililies, obligaiions, and encum6roncea o~ every naturs on aaid pro-
perfy; fo pe~rmif, commil or su~(er no waste, Impairment o~ cleteriornfFon o~ soicl Iand or t~e improuementa
Ihnrrin at any lime; fo ~PPj/ IhP 6uildinfls now or herPa(ter on said land /ully insurecl in n sum of not lesa
il~a~ full insurable value.
in a rompany or companies ncc~pf~ble to Ihe mortgagee, fhe policy o~ policies to be held 6y, and payable
~o. said moHgagee, nnd in the ev~nt any sum o/ money 6ecomes payable 6y virfue o/ such tnsurance !he
mortgagee shall ~ai~e the riyhl 1o rnceine and apply Ihe same to tl~e inde6ledness here6y secured, acrou~ting
to t{~e moriga~tor (or any surplus: to pay a~~ cosfs, ctiarges, and expensps, including lawyer~s ~ees nnt~ til~e
~enrcl~PS, r~asonab~y incLrre~ or paid by the mortgagee because of fhe jai~urp oj fhe mortgagor !o prompt~y
anc~ (u~~y c-omp~y wil~ t~e ag?eements, stipu~ations, con~itions antj covenants o/ said note and e6is mort9vge.
or eit~~er; to pe~(o~m, comply u~ith nnd a6itle 6y en~F? a~d every ihe agreements, siipu~tions, conditions an~
. covenants sM jo?fh in said nole and this mor~gnge or eilher. /n the event the mortgagor (ails to puy u~hen
due any eax, assessmenf, insurance premium or other sum oJ ??~o,~ey ~ya6[~ 6y vi~tue oJ said note and this
, mortgage. or eit~~er, f~ie morfgagee may pay t{~e ~ame, wilhouf i~aiving or a(~ecting I~e opfton fo ~orec~ose
or any ollier ri~~h! lierPUnd~r, and oll such paymenls shall 6ear interpst /rom crate thereo~ at the {~ighest ~aw-
(ul rnte ll~~n ~llawecl 1>y ~he lau~s o/ the State o~ Florirla.
any sum o~ mon~v I~erein re~errec~ lo he not prompt~y paic~ within t}11Tty t~ays next a~ter
th~ sam~ becom~s ~ue, or i( each and enery f{~e agreements. slipulations. conditions and conenanfs o~ saicl
nol~ ar~d t1~ic morl,ya~~P, or ~il{~er, are not /u~ly perJormed, romplied wifh nnd a6~ded 6y, tl~en fhe entire .
sum menfion~d in saitl nofe, ancl t{~is mortflage, or t{~e entire ~ia~ance unpaid thereon, shal! /orthu~Ilh or
thert~a(ter, at th~ oplion oj tl~e morlgnge~. ~ecome and be due and payable, anqlhing in said note or herein
to tE~~ ronlr~ry nofu~if~~sfan~Iin~. Fnilure ~>y Ihe morfgagee fo exerrise nny o~ Itie riphts or options ~erein
proi~ic~t~ sE~a~~ nol c•onsiitufe> n u~~ir~r of any ~i~hfs or opfions uncler saic~ nole or Ihis mortgage accruee~ or
l~u~r~a~frr nccniing.
~n ~itness ~thereof~ i{ie saic~ morlg~,qor tias {~ereunio sic~nec~ muI spalet~ these presenls the
clay ~n~~ year ~irst a'~oi~e toritten.
~i,yne~. s~~a~~~ an~~ ~~~irrn~c~ in t{~~ prnsrncP o~: ~ i
~ ~ S~~fZ~
' ~'~~-~rr~--. . ~
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; eniieth a~son
; ~~.~?A~..~_. ~~b..~.a~.. - - - - - - ~
~ as to Mr Mrs . Watson 'He n atson~
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STATE OF f~lE~A, I LIN IS ~
CL)ti\TY nF l
~ - 1 HEREBY GERTIFY that on this day, betore me, an
officer duk authorized the Stat~ aforcsaid and in the Couat~ afor~said to tak~ acknowltdgments, persona{ly appeared
~ Kenneth L~ Watson and Helen Watson, his wife,
to rn~~ known to ~ the prrsonS described in and who ex~cuted the for~qoin¢ instrument and they acknowledqed
~ beforr mc that they~xccuted the same_
~ ~~'IT!`ESS m~• hand and official seal in the~ Couniy and Stat~- last aforesaid this ~ day o[ ;
~ :1. D. 19 7 3• f
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~ fIIED AK? REC~R4EQ
ST.~.UCtE ~Ot1MTY F'!A. Notary Pub ic
ROG_R ~0?~iUS
~ i CIEQl~ ClRGilIT ~ouRT State of Illinois
RECI'.R4'IE~~F:EO~... My commission expires: ~Q'-l~'7i~
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~ ~ O~c I T 2 0o PN'33 ~r .
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~ l-~ ~ ,2'7Q~66 ~
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~ %%iic Iris/rninr~~~l pr~~rm-~/ /~y: Darrel l Fennell
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P.O. Box 7b0
; BJ~D~,( t~~:
~y, ~1~1Jrr_~s Vero ~each, Fla . 32960
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