HomeMy WebLinkAbout0759 an~ sha~~ per(orm, c~omp~y wIlti and a6ide by ecch and eoery fhe agreementi, stipu~attona, condiftons artd
rni~enanta the~eo~, and oJ this mortga~e, tl?en Il~ts mortga9e and the e~tats-I~ereby crealed. ~hall ceass, d~-
fe?mine and be n~dl and ~~oid.
~ IRe mortga~or he?o6y ~urthe~ covenants und agrees to pay promptly when dus !hc? prtncipal and
inierea! anc~ othe~ s~ims of money proutdecr (o~ in sald note aeu~ fhts mortgage, o~ eilher: !o pay a~~ and
stngula~ t6e taxes. asses~ments, ~evies. ~tubt~lties, ob~tgatloru, und encum6mnces o~ every nature on safd pro-
pe?iy; to permit. commit or sufler no wasle, tmpairment or deterio~+afion oJ :atd bnd or the Irnprovemenfa
iherrc~ al nny time; lo ~reep the 6ullc~infls nou~ or I~e?Pa(trr on satd Iand /u~ly insu?e~ in a sum o( not ~sa
. t6an highest insutrable value - ~
in a company o~ companies aeceptab~e lo Ihe morfgagee, fl~e policy or po~icles !0 6e held 6j, and poyabb
to, satd nwrtgagec+, and in I?~P event any sum of money 6ecomea ~ya61e 6y utrtue bj auch i?uurance Ihe
morlgagee shall hacxr the rtght to receivF and apply t1~e soms to ths inde6tedness hereby secured, acc~ounling
to !~e mortga~or (or any sttrpltu; to pay aj~ rnsls, c~arges, and expenaes, inc~uding ~awycr a ~eea and fit~e
searches, rnasona6ly ~ncurred ot paFcl by !Re mortgngc+e 6ecausa of the ~ai~ure o~ t~e mo?tgagor to prompt~y
- ond tully comply witlt ll~e agreements, sftpu~alions~ condilions and eovenants oj snid nofe an~ I~is mortgage.
o~ eilher: to per(orm, rnmply witk nnd a6ide 6y eacti and every the agresments, stipulations, condittons and
, covenanfs set fort6 in satd no~e and ll~is moitgage or eitl~er. In l1~e event Ihe mortgagor Jai4 to pay when
due any tax, dssessment. insaranc~e premium o~ oli~er sum o/ money paya6le 6y vi?tue o( said nole and t~ia
morlgaqe, or eithe~, i~e mo?tgagpe may pay l~+e same. wit~ou! waiutng or af~ecting t~e optton to ~orec~ose
' or any other right hernunder, and nll.sucl~ payments shaU 6ear [nterest jrom date thenw) at the ?~ighest Iaw-
~u~ mfe ttien allocoed by the la~as of the State oJ Ftor~da. .
~ ~l nny sum of money ~erein re(errec~ to 6e rtot µr~ompt~y .paid wilhin 3~ days next a~ter
Il~e same 6ecomes due, or iJ each and every iF~e agreements, stipulafions, rnndilion~ and rnuenanfs o) said
note anc/ f{~is mwiga~e, or nilher, are not ~ul~y pe?(ormec~, complie~J with nncj ab~ded 6y. l~en t~e enfire ,
sum mentioned in s~id note, ond this mortgage, o~ ti~e entire 6alance unpaid tl~ereon, shall ~orfhwifl~ or
thereajter. at the option o~ t1~e morigagee, 6ecome and 6p due and pnya6le, anytl~ing in anid note or leerein
lo Ihe contrary notu~itRstanding. I=ailure 6y tRe mo?Igagee to exercise any o~ fhe rig~ts or opttona ~erein
pronidecl s{~a~~ not conslilute a wairpr oJ any_rig~ts or opfions unc~er sni~ nate or this mortgage accrue~ or -
I~erea~t~r accruing. - . -
~n ~~ll`~ ~~~1~ !he said mortgagor has hereunto sipnecl and sealecl these presenls ll~~
- c~ay nnc~ year ~i?s! abot~e u~ritten.
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Signec~. a~ecr and rIe i~~ered ' fF~e Presence oJ: ,
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' : . - • o e ~ scfi. -
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elma ~clierer
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STATE OF• ~6nRi~Dl~, v • - .
COL'~'Y OF 19~-~-~ ~
I HEREBY CERTIFY that on this day. be(on me, an
~ offecer duly authorizcd in the Stat~ aforesaid and in the County afor~said to wke acknowledgmenu, peraonally appeared
Jerame G. Scherer and Relma E. Scherer, his wife
to me known to be the persor.8 dcscribed in and who e:ecuted the for~goinq instrument and they acknowkdgcd
be(ore me that thgy cx~cuted the same.
H'I7NESS my hand and o(ficial seal in the County and State last aforesaid thu A~'f'~~-~ day o[
~ ~~?t~f./ A. D. 19 ~4
...:~.4h 294340 ~
~ . . • . • _ -
s; : •t-.
~ f~LEo ANUOUN1r flA. ~Notary Pubiic
; ST.IUC E C
~s . ~ ' fAl,'•~~ , ROQER P011flA= EUZf1°.::ti ,i r.-- t : ~'3lfC
~ ; 4i; ' - . j ~ ; 6, Cl€~K CiKCU1T COURT , ~
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