HomeMy WebLinkAbout1339 ~?+d shall perjorm, romply with and a6~dR by pncl~ and erery tl?e agreements, stipulalions, rnnditiona nnd
corenanls the~eoj. and o( tl~is mortgage. !1?en this niwtpa9e and Ihe estute he?e6y c?eated, s~ioll rense, d~-
fermine and be null and i~oid. ~ '
If~ ftiP morlga~or i?en~by (urfher coi~ena~ts and agrees fo pay promplly w~en c~ue !he prtncipal nnd
inte~est and otl?er sums oj money provided jor in said notc? nnd tl~is mbrtgage, or eill?er; to pay all and
~ singular t{~e taxes, assessme~ts, levies. Iin6ilities, o6[igations, nnd encumbrancea o~ every npfw~e on sait~ pro-
perly: to permil, commif or su~fer no wasfe, impbirmenf o~ delerioration oJ soi~ jancr or fha improvementt
therron a~ any time: to keep tl~e 6uildings nou~ o~ l~e?ea(ter on ~aid Iar+d /ully insused in a sum o~ not les~
tf~an FULL INSURABLE VALUE
in a compa?ty or rompantes acc~+ptable to the mortgagee, !he poltcy o~ policies to 6e heW by, a~d ~ya6k
to, saic~ mortgagee, ancj ire f~e event any sum o~ money ~ecomes ~ynbl~ by virtue o~ suc~ i~surance the
mortgagee sl~a1l hQVe !tie rtgtit to receive and apply the same to the inde6tedness f~ere6y secured, amounting
fo the inorfgapor )or nny surp~us: to pay al~ costs, charges, nnd expenses, irtc~tu~ing lawyer s(ees ancl lif~
spnrcties. reasona6ly incurred or paic~ by tl~e rrtortgagee because oj Ihe jai~we o~ !he mortgagor to prompl~y ~
• and Ju~~v comp~y wilti ihe agreements, slipu~nlions, conditions and covennnts of said note nnd thi~ martgage.
or eilher; to pe~orm, comp~y witti and a6ide 6y each and every !~e agr¢ements, sfipulations, eonditions and ~
coi*enants set (orf~ in saic~ note ant~ t~is morfgage or either. ~n the event t~e mortgagor fai~,t to'pay when
c~ue nny tax, assessmenl, insumnce premiurn or ot{?er sum o~ money payable by virlue o~ said nole ane~ t~is
mortgage, or either, f~e morfgagee may pay fhe same, without euaiving or a~f ecfing the option to ~orec~ose
or any ot~er right hereunder, anc~ aU sucl~ payments s1enll Leor interest ~rom date tI?ereo{ at t{te I~ighest ~aw-
~uI rnte tleen allou~ecl ~y fJ~e Iau~s o~ I~e Statp o~ Florida.
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any sum o~ money herein re(erred lo be not pmmpl~y paid wii{~in fifteen ~ays next a~ier I
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l~ip same ~ecomes due, nr i~ each anc~ p~~ery t~e agreements. s/ipu~ations, cone~itions and covenanls o( sait~ i
note nnd lhis tnortgaqe, or either, are not ju~ly pe~jormec~, comp~ied with and a6ided by, then !he enfire }
sum menfioned in aaicl note, and this mortgage, or the entire balnnce unpaid therpon, shall forll~witk or !
f~erea~fer, at the option of !he morfgagee, hecome anc~ 6e c~ue and paya6~e, anyttiing in said note or ~erein +
to ttie confrory notu~ifhstant~ing. Failur~ 6y t{~e mortgagee fo exercise any o( the rig~?fs or optioru herein ;
proi•ic~ec~ sha~~ nol constilufe a u~aii=e? of any ?igtits or oplions unc~er said nofP or f~is mwtgage accruecl or '
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t~erea~frr accruing. i
~n ~itness ~hereof~ Ihe s4ed morfgngor has {~ereun~'s,yfled ancl sPa~ed tf~ese presents the ~
~~ay an~ y~or ~irsl a~io~~c~ u~ritten_ ~ ~ -
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i ~ Si~ne~. se ~ a ~p~irer ~in t~p presene•e oj: f
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: ~ ST'ATE OF FLORt :i, ~
i ~ C()t'ti7'1' ()F ~ . ~iC'~<~ ~
~ • I HEREBI' Cf.RTiFY that on this day, befor~ me, an
~ uffi~er dul}- authuri~rd in the Statr afor~said and in the County aior~~said tu takr a~know[edgmrnts, p~rsooalh• app~ared
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~ AREO REGOLI - _
' ; to tn~~ kn~~~.n tn br thr ~w ra~n d<srritx-d in and whc, e~~~uted thc (or~¢oinq instrumrnt and he acknowkdqed ~
' ~ Fxforr mc that he r~ccutcd th~ sam~- 1
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~ l~'I7 \ESS mc hand anti offie ial sral in thr ~:ount~~ and St~d• Jast afor~said this ~ day of
_ . ~~C.~', D. 19 74. ;
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r- , ~ ~i: ~ ;,z ~ My Comni ssion expires : ~
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