HomeMy WebLinkAbout2344 and shall perjorm. comPlY wilh and abtde 6y eacl~ and ei~e~y the ngreements, sUpulationi, cond~ltons and
co~~enonls Ihereof, and oJ Il~is mortgape, tl~en thi: mort9oge and tl~e eatate I~ere6y cnwted, sF~all ceasa, d~-
tprmine and 6e~ ~~nll mi~l iwid. #
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~ fhe mo~tga~or hen~by jurlhe~ couenants ond ogrees fo pay promplly when clue Ihs princtpal nn~I ~
jnteres! and olhn? sums of money prou~~ecl ~or in aatd note and t~is ~no?fgags, w eiftier: to pay a~~ nnd ~
singu~a~ l1~e taxes. asspssmenfs, ~evtes, ~Iabt~itiet. o6~igationa, and encumbrnncea oJ every nulw~e on sntd pro-
perly; to permif. commil o~ sujfer no waste, tmpairmenf o~ dete?ior+ation o( said land or !~e improvemenb
lherecn a! an~? lime: IO ~PPP I~P bui~trtngs nou~ oT he?safter on ~aid Iand JuIIy insurecl in a sum oj nof ~ess
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tn a eompany or rompanies acceptable to Ibe morlga9ee, Ihe policy or policies to 6e keld 6r, and pnya6ls
fo, saFe~ morfgaqee, an~ in fhA ei~enf any aum o~ money ~x~comes payn6l~ 6y viriue o~ such insurance Ihe
morlgugee shall hai~e ihe ~ight to rncet~~e and apply tf~e same to the inde6tedness hereby secured, accr~unting
!o fhe morfga~or for any surpl~u: to paY a~~ costs, c1~a?ges, and expenses, tncluding ~awyeri Jees nnd lit~e
searches, rtwsona6ly incu.~ o~ ~td by rk~ mortgagee becausp oj fhe jai~ure oj tl~e ~nortgagor fo prornplly
and ~u~~y comp~y with ttie agreemenis, stipu~ntions, cone~itions and rnvenanta o~ said note an~ t/~b morlgage.
ar ettf~.er; to per~orm, comply witl~ and abtde by eacl~ ond every tke agreeme~ts. slipu~altona, condiNons artd
covenanls set ~0?1~ ln said note and ihts mo?tgnge or eitf~e~. ~n tke.event fhe mbrtgagor Jai~.t fo pay w~en
e~ue any tax, assessmer~f. insuranc~e premium or olher sum oJ ~oney ~yo6~ 6y virtue o~ said note anc~ this
mortgage, o~ pilti~. ftie mortgagee may pay ttie snme, wif.tiout wai~trtg or aJ(ectin9 the op~ton to ~orec~ose
or any other ri~?~t herpunder, and all surl~ paymenfa shall 6aar inlerest fro~i dnte tl~ereof at the higheat Iaw-
~ul mte then alloiued 6v Il~e laws o~ the State o~ Floricla•
)L a~~y sum o( money I~e?ein re(prrec~ l0 6e not promplly paid within thirty days- next ajter .
! tl~e same 6ecomes due, or if each and every Ii~e ugreements, stipulalions, contlilio~s and covenants oj said
nofe anc~ ff~is mortgage, or either, are. not lu~~y perlormec/, comPlied wit/~ anc~ ab~ded 6y, ftien f~e eniire
;~um mentioned in satd note, and fl~is mortgage, or t6e entir+e 6alanoe unpaid ther~wn, sl~all ~orthwith or
thereajter, at t6e oplion oJ the morlgagee. bec~ome and 6e due and paya6le, anyt~?ing in snid note or I~en?in
lo Ihe conl~rq notu~ithstunding. Failure 6y Ihe mortgagee fo exerciae nny of fhe rig~ts or opttons ~erein
providc~ stia~~ not rnnstilute a wairer o~ any rig{~ts or options under snid nole or t~is morfgage accruec, `or
l~erea(ter accruing.
~n ~~Q~~`~ fl~e saic~ mortgagor has ~runfo signecl a~ sea~ed th e presenis !6e
day n~id year (irsl aboi~e wriffen: ,
Signecr, nnd deliverecl in the presence of : ' , _
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STATE OF FL~RIDA. ~
COUNTY OF ~~~D I HEREBY CERTIFY that on this day. before me; an
o(ficer duly authorized in the State aEoresaid and in the County aforesaid to ta1~e acknowkdgmenes~ penonallY aPP~~
ARTHUR PONER$
to me known to be the penon described in and who executed the foregoinq insttument and V~10 acknowkd~eed
betore me that he exccuted the same. p
WI1'NESS my hand and otficial seal in the County and Statc iast aforesaid this ~ p d~r
A. D. 19 7 f
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~Notary Pu~ c ~
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NO7ARY PUBIIC. State of FbrWa st.1ar~:piy..
ftt.ED r 4~~~~ FL~ ~ Commission Expires Juy 18. iS77 ,
~ 6ond~d pY AUTO OMINERS INSURANCE, .
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