HomeMy WebLinkAbout2574 an~ sha~~ perJorm, comply wifh anc~ abic~e by each and ei~ery t~e agreemenfa, stipu~alIorit, condtftont a?td
co~~enants thercwJ, and of this morlflas~e, lhpn Il~ts mortgape and the estate hero6y created, shall cease, de-
te?mtne and 6e null and ~wid.
~ thp mortgapor hen~6y ~urther covenanls and ogrees to pay promptly when due the principal and
i~teresl and other sums oJ money provi~Iec~ jor tn said note and this mortgage, or eithe~; to pay all and
aingu~a~ !~e ta.res, assessments, ~evies, ~iabi~iliea, ob~igations, and encumbroncea o/ every nature on •uid pro-
perty: to per?nil, commi! or su~je• no wnsfe, impai~menf or c~ete?ioroiton of saic~ ~and or the improuen~enb
ihprecn af any timp; IO ~PP~I ~~P I~utlclinfls nou~ or hereajter on snid land Jully insured in a sum o/ not less
Ihan
in a company or companies a~~pP~abla to II~e mortgagee, the poltcy o~ polictes to 6e held by, and pnynble
to, said morfgagee, and in fl~e evenl any sum oj money 6ecomes ~yabl~ 6y virlue o~ such insurance the
mortgagee shal[ have !he rigF~t to receive and apply the swne to ihe indebtedness here6y :ecured, accaunting
!o the morfga~or (or any surplus; to pay nl~ cosfs, ctiarges. and pxpenses, inc~uding ~awyers fees and tit~e
searcF~es, reasonn6ly Incurrecl or paid 6y lhe mortgagee becatue of the jailure o/ the morfgago~ to protnptly
artt~ lully comply wif~ the agreemenls, stipu~ntions, conc~Ifions and covenanfs oJ said note and i1~is mortgage.
o~ either: to ppr(orm, rnmply with and a6ide by each and every the ag~eemen~s, sfipulations, condit~ons and
covenanls set Jort~ in saic~ note and l~Is mortgage or eif{~er. In I~e even! fhe mo~fgagor ~ai~s fo pny when
due n~y tax, assessment, insurance premtum or other sum oJ money paya6le 6y virlue oj said note and thts
mortgage, o~ either, ftie mortgagee mny pny f~e same, without waiving or al~ecting the opfion to (orec~ose
or any otl~er rigi~t ?~ereunder, and all suc1~ payments shall 6ea~ ~nterest ~rom dnte thereoJ at the I~ighest law-
~uI rate Ihen allowecl by Ihe lau~s oj ihe Stale of Florida.
~L any sum o~ money herein re(erred to 6e not prompily paid within 30 c~nys next aJter
t1~e same 6ecomes due, or iJ ~~h and euery ihe agreemenls, stipulations, rnndifions and eovenants oj said
RO[@ aR(~ tf11S moripage, 01' eiiner, Ure ~i~i juii~ ~.cijv~u~S:.. :'L'::ijr~+~ Wl~~ and o6tded 6y, ~R@1l ~rte entire
aum mentioned i~ said note, and this mortgage, or tl~e enli?e balance unpaid theneon, s1~ull jorthwith or
ther+eaf ter, at tha option o) the mortgagee, 6ecome w~d 6e d~ and ~ya6l~, anything in said note or herein
to i~e contmry notwithstnnding. Failure 6y tl~e mortgagee to exencise any of the rig~ts o~ optiorw herein
provided shn~~ not constitute a wainer o~ any rig~tc or opfions under saic~ nofe or f~Qs morfgage nccrued or
t~ereaJter accruing.
~n ~~L11Q~ ~IL~fr~l~ fl~e said mortgngor hns hereunto signe~ and se~led these presenls tl~e
c~ay anc~ year jirst a6ove ~vritfen.
Signed, sealed and deliverecl in lF~e presence o): ~
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STATE OF FLORID~1 ~
COUNTY OF ~~~La-GG~-f~
I HEREBY CERTIFY that on this day. befon me~ aa
officer duly authorized in the Statc aforesaid and in th~ County aforesaid to take actnowkdgmenu, penonally appeared
Richard FZanzbaum
to me known to be the penon described in and who executed the (oregoinq instrument and Y'G~- acknowkdaed
be(orc me that ~ exccuted the sama - ~
W17'NESS my hand and of(icial seal in the County and State last aforcsaid this dsr of -
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aEGORUE~ NoT puauc sr~~ oF Fl0 T~uE~r
fI~EO i puNT'f F~ ~,°d M MMISS!^t: -"^'~FS ~,e , t ~ r,;.;
OEN RAL INSURAhCE UP~ ^ -
gT.IV~~~ r'pp~T~AS-Rt G~EA~yI~, -
R4 L, „:l1~ COU ; r~. ~ j. ~ ~c; '
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nt~Q~~~' ~ , -a ' ?_,r :~~~yti
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~52966
I7iu I~ulra~nci~t prepared by:
E:° ~ 227 P~E25'72
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