HomeMy WebLinkAbout2491 and shall prr/orm, i•omply wili~ a?~d ~bide 6y ~h and ei~ery the agreementi, atipulallo~u, rnndtttona and
corenants thereo~. and oj this mo~t~a~e. IIePn Ihts mwt~ape and ths estate 1?p~6y c?rated, ahnll cease, ds-
lerminn an~ nu~~ an~ i~oi~~.
I~ie mor!~a{~or ~~ernby (u~lher rn~~e~~ants dnd agrees to pay prompllr when due tl~e principal and
inferesl anc~ ol~~e? sums o( money proviclcKl Jor t~ satcj note an~ Ihis morlgage, or ell~~er; fo pay a~~ and
atngu~ar fhe ta.res, assessmenis, ~euies, ~iahl~ifies, ob~iflafio~~~, and e~cumtironces o( every nnture on aeid pro-
pe?ly: fo pe?mil, rnmmlf or se~fler no wa+le, impairment or dete?iomlion o~ sntc~ ~and or Ihe improuemenli "
tRp?~n al any lime: !o ~PPp IhP hui~~ln~s ~iow o~ tier~wller on ~atd land /u~~y insurec~ in a sum o) not ~eu
than
tn a company or companies ncc~plaGle io Ihe mor?gapet?, fhe pollcy o~ poltcies to 6e he[d by, and paya6le
to, sai~ morlpa~er, an~I I~ IIIF Pl~Pf1I any st~m o~ money becomes payob~e 6y virlue o~ such insurance Ihe
mortga~ee shall have Il~e rtflF~! to receive and apply f{~e sar?te to the indebtedness here6y secu?~ed, accounting
to fhc~ mortga~or ~or any surplus: !o pay a~~ cosls. charges, anc~ expenses, including ~awyer s jees and tit~e
searrhes, rpasona6ly ~ncurre~ or ~,~d 6y tl~p mortgagee becaiue oj Itie fai~wr o~ !he morlgagor to prompl~y
and ju~~y comp~y u~if1~ the aflreemenls, slipu~afians. conc~ilions ancl conenanis oJ said note and this mortgage.
or eitl~er: to pprJorm, comply with and a6ide 6y each and every the agreements, stipulations, co~dittons and
covenants set ~o~ff~ in said note and f{~is morfgage o~ eil~er. ttie event t~e morfgagor lai~s fo pay w/~en
due any tax, assessment, i?uurance premium or other sum oJ money paya6le by virtue oJ sat~ nofe anc~ fhis
mortgage. o~ eif~rr, t~e mortgafle~ may pay f~e same, wlt~ouf wniving or af(ecfing Ihe option io (orec~ose
o~ any other riql~t I~ereun~Ier, and all such payments shall bear Interest jrom date t{~ereo( or the h~9hpst taw-
(u~ rafe then a~Iotverl 6y rhp Ipu•s o( t{~e State o~ Florida.
~e ~ny sum o~ money {~erein re~erred to be not prompt~y paid wittiin days next ajfer
Ihe sa~np 6ecomPS dup, or iJ eacl~ an~ every Ihe agreemenfs, stipulations. condifions and covenants oJ said
note and this morfga~~e, or eifher, are not jully per~ormed, complied witl~ and a6~dpd 6y, tl~en Ihe entirn
sum menttoned in said notp, and this morigage. or the enti~e 6alance unpaid 16ernon, sF~nll Jorthwith or
tl~ereafter, at th~ optio?i oj 1he mortga~ee. 6ecome and be due a~d ~ya6tg, anything in snid note or he~ein
to t~e contrary nofwittisfantling. Failurp 6y t6e mortgagee fo pxercise any oj (tie rig~ls or options ~erein
proviclecl sf~a~~ nol constitulp a wainer oj any ~ifl/~Is or optians under said note or t~is mortgage accrue~ or
therea~t~r accruing.
~n ~~~l~ fl~e said mortc~ngor ha ere nlo signed and sral these resents tf~e
~ay an~ yenr Jirst ahon~ iorilfen.
Signecl, sealet~ ancl deli~~erc~1 in tl~e presence o~: ,
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: STATE OF FLORIDA.
COL'NTY nF I~Ct~1,d~,~,~u,OC . ~ .
I HEREBY CERTIFY that on this day. betore me. an
of(icer duly authorized in the State aforesaid and in the County aforesaid to talcr acknowkdgments, personally appearcd
ARTHUR POWF~EtS
to me known to b~ the penon describcd in and who ezecuted the foregoinq instrume~t and he acknowkdged
be[orc me that he ~xccutcd the same.
~~'11'NESS my hand and official seal in thc County and Statc ?ast aforesaid this 7~ day ot
L~~;I:f-f~w'~ A. D. 19 77
.
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~Notary Public
NOTARY PUBLIC. SfiaM M Floifda
:~OE~
D R~G~• fl~• u MY Cammisslon Exqres Juy 18. 1977
F ~ED~~I ~ptSN S AUTO OWNEIId INSURAHCE.
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