HomeMy WebLinkAbout2280 a~d shall per(orm, ro?~Ply u?~eh ond abide by each and ei~ery ths agreements, afipulaflon't. condttions and
conenanl: tl~e?eoJ. and o~ t{~I: mo~fpas~e, ihen tl~is morl9age and Ihe eitals kere6y created, ~kall ceofo. d~-
tennine and 6e nul! and twtd. ~ .
~ thp mortgaflor hen~by lurlher couenanls and agrees to pny promptlr wl~e~ cIw fl~~ prtncipal nnd
inte~rsl and otl~er sums o( money pro~Ided jor ln aaid note ar~d fhb ~torfgage, or eifhvr: to pny a~~ nnd
singular IF~e ta.res, assessmenis, levtes, Iiu6ililies, o6fib~~i~~s. and encum6ranc~es oj every naluro on said pro-
perty; to pe?mQl, rnmmlt or sujfe~ no wasle, impairment or dete~toralion o( anid ~and or the irnprovemenb
Iher~ecn af any time; fo Ire~p the buildings now or herPaltc~r on said land /ully Jnsured in n aum o~ not ~est
tl~an FIgq+EEN THOUSAND DOLLARS ($15~000.00)------------""""""-
in n company or companies n~Pea61a !o ihe mo~t9ogee, the poltcy o~ polictes !0 6e I~eld by, and paya6le
to, said mortgagee, ane~ in t~e e~~enf any sum o~ money 6ecomea ~ya6l~ 6y virtue bf auc~ tnsurance Ihe
mortga9ec+ shall have Ihe righ! to receiue, and apply !he same to !?~e tnde6tednesa 6ere6y aecured, acoountin9
to the mortga~or Jo~ any surpltu: to pny a~~ costs. charges. and expenses. tncludtn9 ~nwYer s~eea and ttf~e
sea~rhes, reasona6ly incurre~ o~ pntd by Ihe mortgagee 6ecnuse o` the jai~urs o( f~e morlgagor to promptlr '
and ju~~y rnmp~y with Ihe ag~eemenls, slipu~ations. condiltons and c~ovenants ol said note and tl~ts mortgage. ~
or eilher: !o pe~orm, comply witl~ ond a6ide 6y ench and every the agreements. stipu~tions, rnndition~ and
covenanls set f
orth in said note nnd this mortgage or eitl~er. In ike et~ent tke mortgagor /nila to pay when
due any tax, assessment. insumnce premium or othe~ sum o/ money paya6le 6y vtrlue oj snid note and lhis
morfgage, or eif~ier, !he mortgagee may pny tF~e same. wifhout wnivIng or nf~ecting the oplion to forec~ose
or any other ri~1~t I~ereunder, nnd all sucl~ payments shall 6ear Interest jrom date tl~ereo~ ot the higl~est lnw-
(ul rate ttien allowed by fhe lau.s o~ the State o/ Floridu.
~l any sum of money herein re~erred to 6e not prompt~y pnid within thirty (30~ays next aJfer
the same 6ecomes due, or ij eac1~ and every the agreements, stipulations, conditions and rnuenants of said
nofe and this morlgnge, or eiiher, are nol ~ully per/ornned, complied wit1~ and ab~ded 6y, tben Il~e entire
sum mentioned in said nole, nnd t{~is mortgage, or !he e~tire 6alance unpaid the?+eon, shall jorthwit6 or
t{~ereajter, at Ihe option oJ tl~e mortgagee. 6ecome and 6e due and pnyable, anything in said note or kerein ~
to ff~e conlrary nofu~ifhstanc~ing. Fai~ure 6y ~I~e mortgagee to exercise nny o~ the rig~ts or opttons ~erefn
proi~icled s~a~~ not constitufP a waiver oJ uny rig~sls ~r npfione unc~er saia note or t~is mo?fgage acerued or
lherea(!er accruing.
~n ~~~~1~ the said mortgagor has herrunto siyned and sPnled lhese presents the
~ay anc~ year jirst a~ove u~ritfen.
ignecl, sealed and delii re~l in th prnsence oj: L~/~
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• - -p ---y~--- - -SE OOD
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ELAINE ISABELLE WOOD _
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STATE OF FLORID4t. ~
COU:~iTY OF ~~s~c.- I HEREBY CERTIFY that on this day. before mq an
of(icer duly authorized in the Sute aforesaid and in the County aforesaid to take ackaowledgments. personal~y appeared
PRESLEY RUSSELL WOOD and ELAINE ISABELLE WOOD, husband and wife,
to mc known to be the pcrson g described in and who executed the (orcgoing instrument and they "kfO`"~a`a
beforc me that ~ley cxecuted the same. Y~/
H 17'I\ESS my hand and o(ficial seal in thc County and Statc last aforesaid this ~ % diY ~
May . a. n. i9 74 , - ,
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NV~qdi PU6UC STAIE OF FtORIDA AI URGE ~ . =
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M~ COMM~SSION EXPiRES MAR. 11, 14T! / . ,y t. ;
iONDED TMRU GENERAL INSURANCE UNDERINRITER~
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227 ~2~''!8
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