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HomeMy WebLinkAbout2340 tl i an~ s~~a~~ perform, comp~y u~ilh ancl abtde by ~1~ an~ every !{~e agreemenls, stipu~atlon's, condifions and co~~enants thereoJ, arid oJ this mo?tgape, Il~en tl~is mortgage and the estate {~ereby c?eated, shall ce~ue, de- termine an~ tie nu~~ an~ voi~~. IU~~ fh~ mortganor herrtiy ~u~t{~e~ covenanls and agrees ro pay promptly when due Ihe principa! und ~ intere~l and olher sums oJ money provtded ~or in satd note and this morlgage, o~ either; to pay all and ~ sinflular !he IACPS, assessmpnts, IpviPS, lia6ililies, o6ligations, and encum6ronces o~ every nafure on said pro- perly: to permit. commil or su~fer no wasfe, impai?ment or deferioratton oj sa~d l~nd or ftie improvements thPrncn a1 any time: to IrP~p Ihe h~,tldin4~s noin or herwaJt~r o~~ caid land (~dly insured in a sum o/ nol less Ihan N I L in a com~wny or compa~ei~s QCCPrIQ~,le to rhe mortpaflee, the policy o~ policies to 6e hpld 6y, and paya6le fo, saic~ morlqagpe. nnc~ in ttie euen! any sum o~ money becomes payQ6l~ by virfue o~ sucti insurance the morfgaUpR shall hai~e the right b ~M'PIVP and apply Ihe snme to the indp6tedness here6y secured, accounting fo Itie mort~a~or (or any surp~us; fo pay a~~ cosls, cha?ges, ane~ expenses, inc~uding ~awyer~s ~ees ant~ fif~e search~s, rPasona6~y incurreKl or paic~ hy !{~p morfgagee because oJ t{~e ~ai~ure o~ the mortgagor fo promAl~y nnd ~ullv comply u~ifh Ihe agreements, stipu~ations, conc~ilions ane~ rnvenants of said note and fl~is mortgnge. ~ or either; fo perJorm, comply u~itl~ and"al~ide 6y ~~h and every !tie ngreements, sfipu~alions, condilio?~.t and coi~enants set ~orf~ in saic~ note ant~ fhis morfgage or either. ~n the eren! the morfgagor (ni~s to pay w{~en due any tax, assessm~nf, insurance prnmium or other sum o~ money paya6le 6y vertue oJ said nole anc~ this mort~ngp, or eit~~er, fhe mort~n~pe may pay the same, u~il~ouf u~aiving or aJjecting Ihe opfion fo ~orec~ose o~ any othPr ri~~F~t I~erPUnder, and alI sucli poymenfs sF~all 6ear inlerest from date t{~ercw~ at ~he highest ~aw- (ul rnte 1h~n u~~owec~ tiy f~~e ~a~ns o~ f{ie Stafe o~ t'~ori~n. ]L ariy sum o~ money ~~erein re~Prre~ lo tie not prompf~y paic~ within thirtq (30) days nexf aJter fhe same bec-omes ~uP, or i~ eacll Q~1~ PI~P~y ~~P Ug~PP71iPRIS, stipulalions. conc~ilions ant~ covertants o~ sait~ note and fhis morfgac~e, or eit{~er, nre ~~ot /ully performed, complied witl~ ancl a6idecl by, then fhe pntire sum mentionec~ in said note, an~ fl~is mort~age, or tf~e enti~e balance unpaid thereon, shal[ Jorthu~ith or fhereafter, nf th~ opfion o~ 1{~p morlgag~p. E>ecome and 6e c~up ancl paya6le, anyt~ing in sni~ ~ote or herein to f/ie ~ontrary nofu~if{~slan~ing. f=ai~ur~ tiy f~e mortgagee to pxercise ony o~ f{~e righls or opttons ~erein proi~i~e~~ s~a~~ not consfifufP a u~airPr o~ any righfs or opfions unc~er sai~ nole or I~is morfgage accrupd or Iheren(t~r ac<-rui?ey. ~n ~itness ~Il~~Ot~ 11~e sai~ morfgaqor ha/s ~pr unto signe~ a sea ~ fhese presents t{~e t~ay ancl ye~r Jirs! f~o~~e tvr' I~n. / ; $i r~. a n~ ir in IhP prns~~tc~ o~: , I ,f - . t • - - - - ' . i ~~Aittiur~~Pbwers - - ~ ~ t~ - - - ~ - - - € . . ; _ € . ~ - - -----t~ ` - - . - . . - . - _ . . . . . . . . : ~ ~ ~ STATE OF FLO A " COLtiTY ()F ~p 4y~ ~ I HEREBY CERTIEY that on this day, be(ore me, an o(ficer duly- au orized in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgmenu~ penonally appeared 1 ARTHUR POWERS ~ to me known to be the person deuribed in and ~+ho ez~cutcd th~ for~goinq instrument and ii~l0 acknowledqed ~ beforr ~nc that he ~x~cuted the same. ~ ~ ~~'(7'\ESS mv hand and official seal in thr County and Statc last aforesaid this Z~j day of ~ ~ A. D. 19 ~ 3 2/~51 f - ~s I ~ ~ ^ i- k? .v ~C~ :.t - - . FtlEC a~C ?EW~OED Notary Pu~blic St.IUC~E ~OLkYY FLA. F RO~~~ ?'"'=F~S NOTARY PUBLlC. State of Florida at Large. CIFF.?. r~~'~ L~URT _ My Comm:sson Expues Juh+ 18~ 197_7. ~ a~ ~ r• - 8o^Q~y DY AU10 OWNERS IttSURpM~. ~ ~ L . - . 1~1 " 4s ~H'7~1 : " . • ~7L~L `t.C . , ~ ~ , . " ~r~~ O K~ ' O • - . ~r ~ j~ L i G ' _ . , ~k ,cf....^~•~~~"' C : i . ~ _ %%~s /~~r~na~~~»~ pr~F~m~l l)~: . ' A~lJrcxs BjiOi( ~~YV ga~ ' _ _ - : - _ _ _ . ,