HomeMy WebLinkAbout1331 onc~ :hall PC~~orm, comp~y wi11~ an~ abi~e by each and e~~ery ths agreemenfs, stipu~atio?is. cor?d!liona and
~ corenanlt thercw(, and oJ this mortgaue. Ihen Ihis mo?tgage and the estate I~gre6y created, sf~all ceass. d~-
Iermine and be null and twi~t. ,
~d Ihe morlgaflor her4~by ~wthe? couenanls and agrees !o puy prompllr when du~ th~ p?inctpa! and
tnferrsl and ofhpr sums o~ moiiey provl~Iecl ~or in said Role and thb rnortgage. w eifher fo par a~~ nnd
singu~a~ Ihe faxes, nssessmenfa, ~evies, I[ubi~lties, ob~tgalions, and encumbrancsa o~ every nature on aald pro-
perty: fo permil, commii or su~~e~ ~o waste, tmpairmen! or deteriornfton o~ satd ~and or fhe improven~enti
lhp~cn at any lime: fo ke~ep ihe buildings now or herpa~fM on aaid ~an~ (u~~y insured in a aum o~ ~of ~ess
Ihan
in a eompany w companies accepia6le io i~e mo~tgnpee. ttie po~tcy o~ Pu~icles to be heW 6r, nnd paya6le
to, saia morlgag~?. unc~ in !tie ei~ent any sum of money becomei ~~61~ 6y virlue o( •uch insurance t~e
mortgagee shall I~ave t~e ?igl?t to ~eceive and applq the same to tl~e indebtedness he?e6y securrd. aceounting
to f~e morfgagor (o~ any surpl~u: fo pay a~~ eosts, charges, and expanaes. inc~uding ~awyer s jees and til~o
searr{~es. ~easonnb~y incurred or paid by Ihe mortgaflee because oJ ihs ~ai~ure o/ fhe morlgagor !o promptly
nnd ~ully comply w11h the agreements; sfipu~ations, eonc~itlo?~s a~d c~ovenanta o( aaid note and Ihis mort9age.
or eif~er: fo perlorm, comply with and a6ide 6y eac1~ and euery !he agreemenfs. siipu~attona. condilions o?td
covenants set ~orlf~ in saic~ nofe and l~is mo~tgage or eit~er. ~n ike event t~e morfgogor ~ai~t to pay w~en
c~ue any tax, assessmenf, insuranc~e premium ~or otF~er sum o) nwne7? popa6le by virfue o( satd nole and thi~
morfgage, or eil~~er, the mortflagee mn~+ pay fRe ~ame, wlthout waiving or oJjecting the option fo ~orec~ose
or any olher ~i~l~l hereunder, and all such poymenla shall 6ear interest ~rom date tRereo! at tl~e ?~ighest lau~=
(ul mte IF~en allowed 6v fhe ~ou~s o( the State o( Flo?~da.
~l anv sum o(•money ~erein relpR~ io Eie not prompt~y paic~ within thirty days next ujtsr
ftie samp becomPS due, or jj ecch and enery thp agreements. stipu~ntions, concjilions nnc~ couenants o~ saic~
note und tl~is mortgage, or either, are not jully per(orrr~ed, rnmplied wil6 -and a6ided 6y, tl~en the entire
sum mentioned in said note, nnd tl~is mortgage, or the entire balance unpaid thereon, aF~ull Jort6wtth or
therea(ler, nt tho opfian. o( the mortgngee, become and be due n~d payn6le, anyt{~ing in sdid note or I~erein ~
to Ihe controry notu?ilhstanding. Failure by Ihe morfgagee to exercise any o( the righfs or options ~ereirt
provic~ecl sha~~ not rnrufitute a waii~er oj any rigtits o~ options under saic~ note or t~is morlgage accrue.~ or
I~erea~fer accruing.
~n tl~e said mortgagor has leereunlo siqne~l and senlecl these presents t1~e
~ay an~ year ~irsf aEionp u~rilten.
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~ Signecr. sea~p nd ¢tlinerecr ' t sence oj: -
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STATE OF FLORIDA, ~ ~
COUNTY OF $L. LUC~@ _ I HEREBY CSRTIFY that on this dar, betorc me, an
of(icer duly authoriud in the Sutr aforesaid and in the Counry aforesaid w take acknowkdgments, pcrsonaliY appeated
O..C. THOMPSON and LUCILLE THOMPSON, his wife
to me known to be the pcrsonS descrbed in and who executed the [orcgoine~ instrument and t]1@y 3cknowkdged
betore me that t$ey exccuted the same.
1VI1'NESS my hand and o(~cial sral in thc County and Statc last afo this day of
A. D. 19 `
October 74 ~
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