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~ru1 sI~aII pE~r(orm. ~-omply iuilh and a1~i~le hy ~•n~ h~uul ~'~~~'ry thp agre~~:~~.•~•t~. stipulationt. conditions and I
rorc~n~~nts Ihereof. an~ of Ihis morlflac~~'. 1{~en tl~is rnorfitnq~ and th~• ~~a~~,t.~ G~~~c•I~y cre~ited. shal! cease. de-
1~~?mine ai~~ he ~u~~ an~ t~ui~.
Iln~ t~e morfga~or tier~•tiy (urfher coai~?~nnts ane~ anraes fo pay pru~n~~lly u~~~e~n ~ue !{~e principal arttl
internst nnc~ ofhc~r sums o~ money provi~IP~~ ~or in sai~ nole nnc~ Itiis mu?I~;~ge. or either: lo puy aII nnd
sin~ular the (AXP3, assessmenls, ~evies. IiaLilific~s, ohligalions. nnd en~•um6«,~:n•c oJ PNPfy flQIUM Ofl S(Ild PI'O- k
perty; to permii, commil or suJJe~ no u~asle. impnirmenl or c~eferio?ation oJ ~ai~~ ~an~~ or fhe improvemenfs ~
Ihereon at any time: Io ~PPP I{IP buildingi nou~ ur I~en>ajl~r on soid lan~i ju~l~• in:r~r~>~~ in n sum o~ not lesa ~
fl~~n hiqhest insurable value =
in a company or companies accepfa~Ie to the morf{~a~c~e, fhe po~icy or pn~iri:~s lo f,e ~~e~~ by, anc~ payab~e ~
fo, snic~ marlgagee, ant~ in f~e euent any sum o~ n~oni>y tiecomes paya6le ~.v rltui~ o( such insurance the ~
morl~ag~e Sh~ll hn~~K ~hp right to receive and apply Ihe same to Ihe indel~t: ~~nr: ~~i~•r~6y secure~, accounting
b fhe morfga~or lor any surp~us: to pay ~U c-osfs, c~ar4l~s, an~ expens~s. %ric~u~~in~~ ~~iuryer~s ~eea un~ lit~e ~
searc{~~s. reasorin6ly inc~ured or paic~ by 1{~e morfgagov E~ecausr o~ t~te ~ai~urr ~~e• mor!{~ngor fo prompf~y ~
a~c~ (ully comply wilh l~~e agreemenfs, Stipulalions, ron~~itions antl corennrets r,( .ni~~ ~~ule ~n~I iF~is morfgage. ;
or Pil{~er; to per~orm, compiy witf~ and a6ide f?y each ancl rvery fhe ng~eemi~nh, slir~rilafions. condilions and ~
corennnls set jorfti in saic~ nole an~ this mort,ryc~c~e or ~~ii~~er. /n Ihe euenf t~~~ mort~:~nor Jai~s to pay u~hen ~
c~ue any fax, nssessmenf, insurance premium or olti~~r sum u~ money paynble ~~y oirl~t.~ ~.j sai~ note anc~ Ihis
morl~age, or either, the mortgagee may pnY 1{~e san~~, ~vif{?ouf u~aiving or ~~}(~•~•fin~t ~1~r oplion fo Jorec~ose ~ ~
or any other ric~ht herew~r~er; anc~ all such pciym.~n~s shull 6~Rr inferest (rom r~ut~ th~~:~•+~( nt the h~~hps~ law- „
f ~d ?ate tF~~n a~~ou,ec~ by t{~e lows o~ ihe Sfatr o( /'lori~la.
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DL nny sum o( money herei~~ re~PRPt~ lo not prompf~y paic~ within 15 ~~ays next aJler I
t~~ same b~•~omes due, or i( each and e~~ery Ih~ nc~re~ments, sfipulalions. condi~iores ~~;,1 ro~•enants o~ said !
note and tl~is mortAac~e, or eilf~er, are not ~ully ~~er(ormed. romplied witl? -an~l al~i~l~•rI ~~y. t{~en fF~e entire ` {
sum mention~d in saic~ note, and this mortga4~e, or Ihe entir~ 6nlance unpai~l fl~er,•o~~. s1~nll fortl~u~ith or ; ;
itie~ealter, af t~e opfion o~ f{~e mortgagee. ~ecome un~ tie ~ne and pnyable, anythin<~ rn suic~ nole or ~erein ~ _ ?
to fhe contrary notwitf~standing. Failiue I~y ttie mortflagee ~o exercise any o{ IhN riul,~s ~~r options herein =
proric~~c~ s~a~~ nof constilute a u+aiver of any ri{~~fs or opfions un~er sair{ nolP ~r ftiis morfgagP accnie~ or ~
f~t~rea~ier ac~ruing. • ~
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~n ~~LII~s ~lhereof~ the sai<i mortgngor hns Iiereunto signP~I and sral~•~1 th~se presenls Ihe ~
~~ay an~r y~~ar jirsl a~oue wrilfen. ~
~ $igne,~, s~a~e~ nric~ c~e~iverec~~ in ftie presence o~: #
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~ STATE nF FLORI , ~
~ I COt'1TY OF ~~j~.....~._~ ~ I
~ I}iEREBY CERTIFY that on this day, betorc me, an !
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~ officer duly authorized in the Statr aforesaid and in the County aforesaid to Wk~ acknowledqm~nts, personally app~ar~d ~
~
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INIGUEZ , ~
I R. CAI~LXTO D~TIGUEZ and JA+CQUEI.INE E. ~
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~ i to m~• known t~ ~ thc person3 dHCribed in and Mho ~x~cuted the forrqo~nq ~nstrument and they a~k~wkdg~a ~
f~y .
~ I beforr me that ~'1@]/ exccuted the same. ' ~
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~ ~~'IT~F.SS my hand and o(ficial seal in th~• County and Stat~ last aforesaid this day'o~ 3
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~ February, A. D. 19 74. ~ - - ~ ;
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_ NOT P ZC : v i
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' f My Con~?ission Expires: • ,
- ~ FIIEO AN~ KECONDEO~ ST~i ` f
St. WCI~ COUNTY FLA.~ : . , ~
- ~ ROGE~ POtTAAS I
- I C! ERK Ct 1CUi~ COU~T ~ ~
~ R«t1Ft1 Vf F ~ lE~ .~.r'~ ~
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' ,•1~G/rr-.cs 8001t PAGE ~ ~ 1
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