HomeMy WebLinkAbout1041 and shall p~rJorm, comply wiih and a6ide 6y ~i~ and et~ery fhe ag?eements, ~fipulafions, rondtttona and
conc~nants f~preof, ana of fhis mortpape, f~en ftitt mortgage and ths esfafe here6y creaf~, s~a~~ ceaae, de-
fermine an~ ~ nuil an~I iwi~~.
~ IhP~ morfga~tor hem6y (u~ther cot~enanls and ag?eet fo pay promplly wken due Ihe principal and
inleresl und ol~~pr sunu of money pmui~ec~ (o~ ~n sai~ note a~d Ihis morfgage, or eilhe?; to pay a~~ nnd
~ingu~a~ ftie faxes, assessmenfs, ~e+nies. Iia6ilftiea, ob~tgalloris, and encumbrances o~ every nalure on snid pro-
perty; fo permil, commit o~ su~(e? no u?aslr. impatrmenf or creferioratton oj said ~and or Itie tmprovemenia
tl~errcn at any lime; fo kpp~ ~l~p buildin~s now or herPajt~~ on said land /ully insured in a aum oJ no! less
than ~ highest inaurable value
in a company or companies acc~plab~e to ttie mo?fgapee. I~e po~icy or po~icFes fo ~e held 6y, and paya6le
!o, aatcl morlqagee~, and in the e~~en! any sum of mon~?y becomea poya6le 6y virtue o~ such tnsurance !he
morlgagee shall ha~~p fhe r~ght fo rc~ceive and apply Il~e same to ll~e tnde6tednes: here6y aecurecl, accounting
to i~e mortga~or ~or any surplus; to pay a~~ cosls, c~arges, and expenses, inc~udtng ~awyer~s ~eea an~ fit~e
searr{~es. ~pasona~i~y incurre~ o~ Pa~d 6y r1~P morfgag~?e bwcause o~ fhe ~ai~ure of fhe morfgagor to prompf~y
uncl ~u~~y complv u~itk ihe agreements, slipu~alions, ooncjitions an~/ eovenanls o~ saicr nofe an~ f~is mortguge.
or either; to perform, rnmply with and u6ide 6y ench and every 1he agreements, atipulations, condilions and
covenarits set jorth in said note and this mortgage or either. In the even! the mortgago~ ~ails to pay when
due any tax, assessment, insurance premium o~ ol~eer sum of mone}r payab~e by virtue oj saic~ nofe an~/ l~is
morfgage, or eill~er, f{~e mortgagpe may pay fhc+ same, wilhout wniving or a~fecting fhe option to ~oreclose
o~ any olher ri~/~t F~ereuncler, and a1l suc6 payments shall 6ear interpst Jrom date t6ereoJ al Ihe I~igl~est Iaw-
Jul rate ihen alloiuecl 6y 1{~e laws oj the State of F[orida.
~l any sum o( mon~y tierein re(p~ecl fo be not prompfly paid within 30 ~ days next a~ter
fF~p same becomes due, or i/ eacl~ and e~~ery Ihe agreempnts, stipulations. conditions and c~oi~enants oJ snid
note and Ihis morlga~e, or ~ither, are not Jully per/ormed, complied wit1~ and o6~dpd 6y, t6en t1~n entire
sum menlioned in said note, and tf~is mortgage, or tl~e entire 6alance unpaid thereon, shall jo~thwil~ or
tl~ereajter, a1 the oplion oj the mortgagee, 6ecome and 6e due and paya6le, anyfhing in said note or 6erein
!o fhe controry notu~ithstan~i~g. Failure by ihe morfgngee lo exercise any o( t~e rig~ts or opfions herein
pronic~ecl s~a~~ nof conslih~te a wainer o~ nny righls or opfions under saicl notp or f~is mortgage accrueJ or
~F~ereajter accruing.
~n ~itness ~h Ol~ Il~e said morlgagor hns here~inlo signecl ancl sealed fhese presents the
day and ycnr ~irst abon i+rif n.
Signecl s~ n liv n th prespnce oj:
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Ru aell Z on
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~ STATE OF FLORIDA.
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~ coc~r-rY c~FJ~?~[~~:~
I HEREBY CERTIFY that on this day. before mt, an
~ officer dutg authorized in the Stat~ aforesaid and in th~ Countp a[oresaid to take acknowledgmcnts, pcnonaily appeared
~ BUSSHLL Z. JOI~tES and S. JBAN JONBS, his Wife ;
~ to mc known to be~ the prnon g d~scribed in and who executed the [or~qoinq instrument and they acknowledged ~
~ beforc me that they ~x~cuted the same. 4
~ ~1'1'I:~JESS my hand and of(icial seal in the C:ounty and State last a(oresaid this tl day of ~
~ February A. D. 1975 ~
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` '"r° - ~ ublic
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~.;QT/~~ . Notsry Public, State of Florida at L.ara~, ~
~ 3~`~'= M Commiuion ues 1 197~,
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