HomeMy WebLinkAbout1457 and ahall pe~jorm, comply wilh and a6ide by ~cl~ ond every ths 'agievmenls, stlpu[atlo?is, condtllons and
conenunts thereo~. and oJ. this mortgnpe, then lhis mort9ng~ and ths eatats I~..b6r c~oted. ,hnll cvaas. d~-
Iermine 4~~d 6s nuU ond iwtd. .
~ t~p mortgapor tien+6y ~urlher eovenanls and ngroes to pay promPtly wh~n dw the p~ncipal and
ir~leresl and olker au~ oJ maney providecl /or tn said nols nnd tl~ta rnortgage, or eithK: to pny a!~ and
singu~nr fhe fu.res, assessmenb. ~eutes. Ila6iltliei, o6~tgatlons, and eacuntbnancw o~ eaery nature on said pro-
perly; fo permit. rnmmif w su~je~ no u~asie. Impatrmenl w deteriaration o~ sotd la.~d or Itie tmprovenienb
Il~precn nt any t1me; to keep fhs bui~ings now or tie?paite~ on anid land (u~~y insure~ 1~ a aum o~ not ~eu
than full insurabla value . _ . ~ , ~ ~ ~ 11_
tn a company or companies ac~cPptab~e to Ihe mortgagee. ihe pottc~? or pol'icies to wt hdau uy. uria ~yau.~c
~ to. satd morfgagee, an~1 In ttie euen! any sum oj money becomes Po~6b 6r virlue bj tuch i~surance t~e
rnortgagee atia~~ ~ave !he ri9ht to recelve nnd apply Ihe sanf to tkt inde6tedness here6y secured. aceounfin9
to the mortga~tor ~or any surplus: to par all c~osb. c~?urges. nnd expensos. inc~uding ~au~yer s~eea and t1t~e
searchps. ?easono6ly incunrd or paid 6y the niorigagee beeause oj th~ ~ailure oj the mortgagor tu PromP~~r
anc~ (u~~y rnmpjy wilh f1~e agreemenls, stipu~ations, ew~ditIons and eovenanta o~ said nofe anc~ I~b mortgnge,
or either; to perfo?m, eomply with and abide 6y each and every Ihe agreeme~b. ~tipu~ations, condiftons and
rn~?enanls set (o~th in said note ~d thts mo?tgnge or etlher. In the event ll~e ~nortgagor Jails to pay wl~en
due any tax, assessmenf, insur~nce pren~tum or other sum oj mo~ey pn~ra6le 6y "virtus o! sate~ nole and !~4
mwtgage, or either, lf~e morfgagee may pny the aame, wlthout waiving or ajJecting ths option fo (orec~osa
or any oll~er ripht I~ereunder, and alI sucli paymenl.t shall 6ea~ intenest (rom date therroj at t1~e highest 1au~-
(ul rafe fhen allowed 6y IF~e laws o~ t6e State o/ Florida.
~L a~~y sum o) money f~erein re~errnc~ to be nof pro~npfly pnid wilhin thirty (30~QYs next alter
1{~e snme 6ecomes c~ue, or ij eac~ anc~ every the agreements, sfipu~ations, conditions and covenanb o~ said
note and this morlga~e. or eitl~er, are not jully perjormecl, cornp~tecl wtth and a6tded 6y, then the entire
sum menttoned in said ~ote, and tl~is mortgage, or the entire balanoe unPaid t1~er+eon, shall )orthwiti~ or
tl~erea(ter, at ttio oplion o( tl~e mortgageR. 6ec~ome nnd 6e due and paya6le, anything in anid note or herein
to Ihe contrary nofwitl~standing. Failure 6y the mortgagee to exerrise ony of the rig~ta ar optiona ~ereirt
provi~ed s~a~~ nol consfilute a waine~ oj any rights or opfions under saic~ nole or this mortgage acc?ued or
thereajfer accruing.
~n ~itness ~hereof~ IF~e said morlgagor 6as kerrunto signed und sealed these presents the
c~oy uncl yenr ~irst a~o~~e u~~itfen.
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$i ed, sea~ed ancl deli~~ernd in Il~e presencp o~:
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STATE OF fl~ NEFI YORR ~
COUNTY OF ~~~t~~
I HEREBY CERTIFY th~t on this day, beforc me, an
officer duly authorixed in the Stat~ aforesaid and in the County aforesaid to take acknowkdgments~ penonaUy appeared
GREGOxY BANOS
to mc known to bc the pe•rson d~scribed in and who executcd the foregoing instrument and he actnowkd~ed
beforc me that he ~xecuted t6e same.
NI7'1~ESS my hand and o(ticia! seal in the County and State last aforesaid thu ~ day o[
July A. D. 19 74• 56~ .
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~ iE~o~DE~ ~~ssion ires:
k i f1LEC ~ a~
= , ~ St.IUC~c. ~.?Uh'iY FLA. 1'f3? ~
[ f . : - ROGt t'.;i'• FAS ,p~p{(Wi 9C11NIfTT
~ .n - ' i ~ : CLE?t ; :~:.:i?IT GOURT ~ w w sw..F t~.. Y..? -
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John R. Gillespie
Tbu I~~flnin~~~t! prrpn~r'd hy: English ~ McCauBhan 6 0' Bryan
A~Id,rJS P. o. Bos 1502 0 R~~~~~
~ Fort Lauderdale, Florida 33302 ~K
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