HomeMy WebLinkAbout0202 nnd shall per~o~m. comply with and abide by ~•nrh and ~nery the agre~~m.•~~Is. slipulations. rnnditions and
corena~ts thereo~, and o~ this mortpaee. lhen tfiis mo~~<~ac~e and IhP ~stc~t.~ l~~re6y created, shall cease, de-
lennine and 6e null and void.
Itie morlgaflor I~er~~by Jurftier cou~nnnls on~ aprees to pay a?umplly iohen due Ihe principn~ and
inlerest and olher sums of money provi~e~I jor in sai~ note and Ihis murlr~~itp, ur either; to pay nll nnd
sinflular tl~e taxes, assessments, levies, liabililic~s, obligalions, and encuml,ru.:ce: oJ ei~ery nalure on suitl pro-
pe~fy: to pr?mif, commlt or suj~er no wasle, impnirmenl or delerio?afion o( ~r~i~~ ~and or !tie improvemenls
ihP?+eon at any time; to kepp I~e huilclinps notr ur ~eren~ier on said ~an~~ (u!!y i~is~+recl in a aurre o( nof ~est
tl~an highest iilsutable valu~
in o compnny or compnnies accepta6le to Ihe mo?tga~ee, the poltcy or polici~~s to be held by, and ~yabt~
!o, saic~ mortgagee, and in I~e event any surn u( n~oney ~~o?nes Rayn~le "'s~~u~ i'uu?°nce the
mo?tgagee shall have Ihe right to ?eceive und apply the same to the indeht~~d.~~s: l~e?~bY secu?ed• accounltng
to fhe mortgagor Jor any surplw: to pay all costs, eh~r~~rs, and expensps. ~nc~u•lin~~ lau~yer's jees and title
searches. reasona6ly incnrrecl or pa~d 6y il~p mortgaf~ee hecause of I~e ~ai~ure o( ~~,e mortgago~ to prompt~y
nnc~ fu~~y comply u~il~ f{~e ogreements, stipu~alFons, ~ronc~itions and coven~nts u( xai~J nufe ancl tl~ia mortgage,
or eil{~er; !o perfo?m, comply witl~ ancl abide bp ench and rvery the ag?eemenfs, stir~ulalions, conditions nnd
coi~enants set ~orth in soid note nnd tF~is morfflage or ei~her. In Ihe even~ 1~~~ mortnn.tor )ails to pay wl~en~
c~ue nny tux, assessment, insurance premium or ofhrr s~im o( money payable hv oirlii.~ o( saicl note and ftiis
mortgage, or either, f{~e mortgngee may pay I~e same, wiftiouf waiving or af(~•fin~~ f~~~ oplton to forec~ose
or any other right hereurder, and alI such pnymen~s shall Leer interest jrom d~~te ihe.~•~~i ~~i the highest lau~- ~
(ul rale then nllowed by the laws o( the Slate oj Floridn. .
D~ an sum o money he?ein re(e?re~ ~o I~e not pmmptly paid wil~in Fifteen ~ays next a~ler ~
y 1
the same becomes dcie, or i~ each nnd e~~ery tl~~ nc~repments, stipulalions. condittons a?ic1 covenants o) suid
note and this mortgnge, or eitl~er, are not f ully per(ormed, rompliecl with •and nhi~l~~d by. ~F~en the entire
sum mentioned in ~aid note, ond this fnorlgape, or 16e entirn 6alance unpoid ther~~or~, shall ~orthwtt6 or
thereajter, at the option o~ the mortgagee, 6ecome and 6e due and pnyn6le, a~~y~h~,~~ +n said note or herein
to t{~e conl~ry notwill~atanding. Failure br tl~e morffla~ee to exer~cise any o( tf~e rig~~is or opfions ~erein
proni~e~I s~a~~ not constihde a waiver oj any rip~ts or oplions un~er said RPtP or t{~is mo?t~a~p acrn~ed or
ftierea~ter accruing.
~n ~itness ~hereof~ t{~e said mortgagor 1~as hpreunto signed and sPalecr these presenls Il~e
c~ay anc~ year jirst above written.
Signed. sealed and delivered in the presence oj: ~
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t~__.~~'~`' ~o~ - - - - .
- , ~ A. DDCON
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. - S DIRON."'-- -
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STATE OF FLORIDA. ~tpti~G o~ ~
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COUNTY OF N~~ t 1 N E R E B Y C E R
T I F Y t h a t o n t h i s d a y, b e t
o re me. an t
of(icer duly authorized in the State aforeuid u?d in the County aforesaid to take actnowled¢mcnts, p~rsonally appeared
FREDERIO~ A. DIXON, JR. and DEIARES DDCON
to m~ known to_ b~ the perso~6 described in and who executed the for~goinq instrument and t11ey actnowkdged
beforc me that ~'1EY exccuted the same. ~ ~ >
K IT~ESS my hand and of(icial stal in th~ County and State last afor~said this day of
February, A. D. 19 74. • .
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My coaaission expires: ~ yi ~ - ,
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~{D tF LWIMIY~' " ,
ST•~ caaG:Ti~?S . .
CLFRx ~ l;~dli COW~T - . ;
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BooK 227 PA~ 201
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