HomeMy WebLinkAbout2488 anc~ s~ia~~ p~•rjurni. ~~ump~y wil{~ anc~ ahi~e by ~h anc~ evPry f~e ag?eemenls. ~ltpu~ntioris. co?~difions and
co~~enanfs Ihe~eo~. and of this morfflape, Ihen Ihis mo?tgnge and the estate hereby ~reatc~, shull ce~we, de-
lermine a~ul Ix~ null ancl ~~oi~.
~ fhP mortganor ~~emtiy (u~the~ coc~enants anc~ ag?ees lo pay promplly when due the principal and
inte?psl an~ other sums o~ money provi~ed ~or in sald nofe and lhit mortgage, or eithe~: to pay a~~ nnc~
stngu~a~ Ihe laxps, assessmenfs, ~evies. ~IaGi~ifies, o6ltgations, un~ encum~ronces of every nalure an said pm-
pP~ty: to permif, commit or suJ~er no waste, Impai?menf or creferioralion of said ~a?td or fhe improt~emenlt
Ihpn~n al any lim~: lo ~PPp IhP ~uil~Iings nou• o~ herpa~l~r on sdic~ ~anc~ ~ully insurecl in a sum o( ~o! ~ess
Itian
in a company or compnnies accepfa~~e fo f{~e mo~lgagee. Itie po~icy o~ po~tctes fo ~e held by, and paya6le
to, saic~ mort~agee. an~ in ~he ei~enl any sum sf monc+y becomes pnyable 6y i~irtue o~ suc% Insurnnce Ihe
morfgagee shall have fhe riflhl fo recei~~ and apply fhe same !o the inde6ted~ess here6y secured. accounling
fo t~~e mo?fga~o~ (or any surp~us; fo pay a~~ cosfs, c{ea?ges, ane~ expenaes, inc~udtng ~awye~~s fees and fif~e
SPQIC/1PS, rpasona6ly tncurred o~ ~a~d by ~I~p morfgagee hecause of Ihe ~ai~ure o~ Itie morlgagor fo prompt~y
onc, ~u~~p comp~y wit~ ttie agrec•ments, stipu~afions, condilions and covenants o( said note an~ 1{~is mortgage.
or eit~~er; to per~orm, comp~y u~itk antl abit~e by each ant~ every the agreemenfs, aiipu~ations, conc~tltons and
cot~enanls set ~0?1~~ in saic~ nufe ancl !{~is mortgnge o~ eit{~er. ~n the event t~e mortgagor lai~s to pay wtien
due nny ta.r, assessmenf, insurance premium o? ottier sum o~ money pnya6le 6y virlue of sai~ note ancr lhis
morlgage, or either, Itie mort~agee may pay Itie same, wifhout u?aiaing or a!(ecting f~e opfion lo ~oreclose
or any ol~~r right Fternuncler, and all such payments shall bear tnterpst Jrom date fl~ereo~ at the h~pl~P:e !aW-
(ul rnle If~pn allo~ved by I~~e la~na o~ tl~p State o~ Florida.
~l any sum o~ money Iierein re(errec~ lo ~,e not prompf~y paid within crays next aJter
~Ihe same 6ecomes due, or if each and erery II~e agreemenls, slipu~ations. conc~itions and coi~enants of sait~
n~~p and IF~is mort~af~e. or pither, nre not jully per(ormecl. complied willi and a6ided 6y. Ihen !6e entire
sum menlion~ in sai~ note. aRd ~hts mflrlgage, or Ihe enfire ba(ance unpaicl f~erron, sha~~ jorthwff/~ or
1{~erea~ter, at fhe option oj Ihe mo?fgagee, ~recome and 6e due and papa6le, anyt~ing in saicr note or {~erein
to Ihe confrory nolu~ilhstanclinfl. I~ailure 6y rhF morfgagee to exerrise any of fhe rigtits or opfions ~ereln
pronided sha~~ no! c•onstilute a ~nairer of any rig~ts or opteons unc~er saicr noie a? this mortgage accruei~ or
Ihereajf~r ~ccruing.
i
~n ~~tness ~YUhereof~ 1{~e saic~ mortgagor tias I~ereunlo signe~{ ancl s~al Ihese p sents the
~~y an~ year ~irst ahoi~e u~riNen.
Signec~, sea~~ and delinnrpd in Ihp presence o):
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u ers
----~CZ~.r.G-~--`~~~~!Gi~V-----
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STATE OF FLORiDA``~~ ~
COUITY OF
I NEREBY CERTIFY that on this day~ be(orc me. an
ot[icer duly~ authorized in the State afor~said and in the County aforesaid to take acknowkdgments, personally appearcd
ARI~HUR P~WERS
to me known to b~ the person dcscribed in and who executrd the forcqoinq instrument aad acknowkdged
beforc me that he rxccuted the same.
~ti I7'NESS my hand and otiicial seal in the County and State last aforesaid this ~ day of '
L l! A• D 19 ~y
~-~5.... _ • • -
_ Notary Public
y~ NOTARY PUBUC. State ef Ftorida at lerq~~
ROE~ MY Commission Expires July 18, 1977
~ f"E~ ~x~ ~v~~y E`A, ~L BonIM Rp AUTO OWNERS INSUR/1NCi.
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