HomeMy WebLinkAbout1501 and shall perJo~m, compl~ u~ith and a6ide 6y eac~ und ei~ery f1~e agreements. ~tipulationa, conditions and
coi~enants the~c~o/, nnd of this mort$ape, tl?en t~is mortgage and tf~e estate hereby created. ~hall oeaas, de-
termine a?~d 6e nuU an~I twi~I.
T1n~ thP mortga{~or herutiy ~urftie~ co~ennnfs and ag?eea to pay pwmpfly when clue fhe principnl and
tntere~l and othe~ sums oJ money provided for in sai~ note nnd this mortgage, or ettl~er; to pay all nnd
sir,gu~ar the fn.res, assessments, ~eutes. Iia6ilities, o~~igations, anc~ encumbrances ol every nature on sait~ pro-
perty: to pe?mit, commif or suf
fer no u~asfe, impai?menf or deferiorntion o~ said ~and or Ihe tmprovements
thpmcn at any time; to Ireep ihe 6uildin~s nou? or I~ereaJl~r on said land /ully insured in a swn oJ ~o! less
than N I L
in a company or companies accepfa~~{p fo fhe morfgagee, the po~icy or po~tcies to 6e held by, and paya6le
to, said mortpagee, and in fhe even! any sum o( money 6ecomes ~ya6l~ 6y viriue oJ suc/i insurance the
mortgagee s1~aII havF tl~e right b recei~~e and opply Ihe same to the inde6tedness hereby secured, aceounting
fo tf~e morfga~or ~or any surplus: to pay a~~ coats, charges, and expenses, inc~uding ~awyer~s jees and tit~e
searchps, nnsonah~y incnrrec~ or pair~ tiy lf~e mortgagee because of the ~ai~ure o~ f~e mortgago~ !o prompt~y
an~ (u~~y comp~v with fhe agreemer~ts, sfipu~nlions, con~ifions nnd covenanta o~ saicr note and t~is mortgnge.
or either; to perjorm, comply wifh nnd a6ide by e~ach and euery tl~e agreements, alipulations, conditions and
coi~enonls set forth in said note and this mortgage or eifhe~. ln the event tl~e mortgagor ~ails to pay u~hen
due any tax, assessment, insumnce premium or of{~er sum oJ money payn6le 6y virtue o~ said note and ttiis
mo~tflage, or P[ItiP~, f{~e morfgagee mny pay t{~e same, wifhouf u~aiuing or aJ~ecting fhe opfion fo Jorec~ose
or any olher ric~F~t hereunder, and all such poyments shall 6ear interest /rom dute thereo( ut the highest law-
~u~ rale t{~en a~lou~ecl by fhe la~us o~ the S[afe o~ F~orida.
any sum oj mon~y herein re(errec~ fo ~e not prompt~y pait~ within thirty (30) days next aJter
Ihe same becomes due, or i~ eac~ and e~ery t1~e agreemenfs, stipulations, rnndilions and c~ovenants o~ said
note and tf~is morigaqe, or eit~e~, are not (ully perjormed, complied wil/~ and a6~ded 6y, then Ihe entire
sum mentionecr in sait~ note, and tl~is mortgage, or the entire 6n~nnce ukpaid thereon, shal~ foM1?wifti or
il~erea~te~, at the option of the mortgagee. 6ecome an~I be d~e and Paya6l~, anything in sai~ note or {~erein
to 1{~e contrary notu~ithslanding. Failure 6y t~e mortgagee to exerrise any oJ the rig~fs or options herein
pronic~ed s~a~~ nol consfilute a waiver oj nny righfs or opfions under saic~ note or f~is mortgage accrue~ or
1{~erea~ier acc~uinA. - ~
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~n ~itness ~hereof~ the said morfgnqor has {~ereunto signe~I ancl sea~ e~i~esenls tl~e ~
~ay anc~ yenr (irsf ahone inriflen. t
$ign sea e and d~lirernd in t1~p presence o(:
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STA'TE OF FLORIDA~ g
~ COU\TY nF ~ Re.,, ~
I HEREBY CERTIFY that on this day, betore me. an
of(icer duly authorizcd in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared ~
~
ARTHUR P(~IF.RS
to mc known to be the person described in and who eaecuted the (or~goinq _instrumrnt and ~1t10 acknowledged
~ beforc mc that he ~xccuted the same.
~ N'Il'NESS my hand and official ual in thc County and State last aforesaid thu day o[
~ nctober A. D. 19 73
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~ 2'7189~ -
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i LEO AaD ~ GoRptp Notary Public
~rw i~- WCif ~O~M1Y IIA,'
Ild~~p ~OITR~!
- OIE~iK Ci~~U1T CQIIlIT NOTAR~? PUBLIC. State oi Florida ~t L8rS0~ _
~ RECCRQVEP~f{E~~„w~w~r SonOedbyAUTOOWNE851NS RAriCE,19~
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