HomeMy WebLinkAbout1634 and shnll per(o?m, comply witl~ and a6~de 6y each and every tI?e agreemenb, stipulnlto?ii, condilio~s and
co~~enaats Ihereoj, and oj Ihis morlgaAe, then tl~ia mortgaps and tl~e estatv kereby c?ented, sl~all cease, de-
te~mine and be nul! and iwid.
~ thp mortgapor 1~en+by ~wfhe~ covenants and ugrees to pay promptly wken due ths p?inNpal nnd
inte?rsl anc~ ot{~Pr sunu o~ money proutdee~ (or in sa~c~ note and fhts n~orfgage, or either; to pay a~~ u?td
stngula~ the ta_tices, assessments, levies, lia6ililies, o6ligntiona, and encum6~+unces o/ euery noturs on sa~d pro-
perly; fo permit. commi! or su~~er no waste, impairmenl or deterioration of snic~ ~ond or the tmprouemenb
the~rcn al any lime; lo keep the buildings now o~ hereajtcM on said la~d /ully insiu~ed tn a sum o~ not less
thnn
tn a company or rnmpanies accepta6le lo Ihe mo~tgagee, the policy o~ policiea to be held 6y, and paya6le
fo, saicl ~morfgngee, an~ in ~tha evenl uny sum o~ money becomes Poya6l~ 6y virfue oj such inaurance !he
mortgngee shall {~ave !he righf to n?ceive nnd apply the same to !he inde6tedness here6y ~ecured, acoounting
to fhe morfga~or ~or nny surpl~a; to pay a~~ costs, ctiarges, ane~ expenses. Inc~ucjing ~awye~s (ees and lil~e
searc{~es, reasonab~y incurrec~ or pai~I by 16e mortgagee becc~use o` !{~e ~oi~ure oJ the morfgago~ !o prompt~y
n~d jully rnmply u~itti fhe ag~eements, stipu~ations, c~oncritions and eouenants o~ saic~ note anc~ !/~is mortgage.
o? either: lo perform, comply u~it{~ anc~ a6ide 6y eac6 and euery tl?e agreements. stipu~attons, condifions and
corenanls set forth In said note anc~ ttiis mortgage o~ either. ln fhe e~eeit the mortgago~ fat~a to pay w/~en
due nny tax, assessment, insurance premium or of6er sum o/ money pnya6le 6y virlue oJ said note and this
rr~orlgage, or eit{~er, tf~e morfgagee may poy tl~e same, wtf~out tuniving ar o(~ectt~g the option !o ~orec~ose
or any oll~er rigl~f F~erpuncler, and all such payments sl~all 6ear interest (rom dnte thereoJ at the I~ighest law-
(u~ rate I~en a~~otuec~ ~y t~p ~aius oj the $fnte o~ F~oriaa.
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lL any sum of money I~erein re(enc~ to be not promptly paid within thirty davs next u(ie? ;
t{~e same 6ecomes due, or i/ each and pvery Ihe agreemenfs, slipulafions. conclifions and conenants o/ said ~
note and tf~is mort~aye, or pither, are not /ully peijormed, complied with ant~ abitlecl 6y, then !he entire ,
sum mentioned in said note, and tht3 mortgage, or the entire balnnce unpaid the.+~n, shall jorthwitk or ~
tF~eren/ter, at t1~c~ option o/ 1he mortgagee, 6ecome and 6e due nnd paya6le, nnylhing in said note or F~erein
to i~e contrary notu~ithstanding. Failure 6y tl~e mortgagee to exe?cise any o~ fhe rig~ls or oplions ~e?ein
prot~ided sha~~ ~ot constifufe a waiuer o( any rig~ts or opfions under suicr nofe or t~is mortgage accntec~ or
f~ereaffer accruing.
~n ~~~~s ~hereof~ t{~e saicj mortgagor has hereunto signec~ anc~ sea~e~ fhese presenfs fhe ~
~ay anc~ year jirst ahore u~rilfen_ i
k
Sig~e , sealed an dpli~~ered in !he presence o):
.
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~ STATE OF FLORIDA, ~
~ COL'NTY OF n~~ ~r~~r I HEREBY CERTIFY that on this day, before me~ an
ofticer duly authorized in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgmenu, personaily appeared ~
ALBERT MERKLE and CLEORA H. MERKLE, his wife ?
to me known to be the persong described in and who executed the for~goinq instrument and they a~k°°~'kdged
beforc me that theY ~xecuted the same.
~ WI7'NESS my hand and o((icial seal in the County and State last a(oresaid this ~ day of
December q_ D_ 19 73
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~ fIlEO ANG RECOROEO ` , s
st.tuc,~ couN~ Ft~?. . ~~ry ~•be.. Srote of Fo.~a~ to.
ROGfP. P~i~ ~S • ' My Cr.nunission fY rrs Jon. 27, 1977 ~
CIE~'K Ci'CUIS COUR1 - _ - .;;,,a _
3~` RECCrn V~r.sfsEO.~-~" ' ' eor+dle oy a,,:a.~t~~ Fc.. a ca.~-.,itr cw ~
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