HomeMy WebLinkAbout2137 an~l shall ~~crjorn~, com~~l~~ ~cicli und al?ide Ly ruc•li u~e~! cuc•r~ N~c u~;rencuicn?s, slipulata?~s. CO/i(1t~fOl1S and
cooenants thereof. arut o/ this ri~ort~u~;e. tGen t?~is muN~a;;e uncl tlu~ esfatc I~ereby created, shall cease, de-
te?mine ancl be null a?ul ooicl.
~ the morl~,a~or hereLy /urd~er couenants aiul agrces to Jxty J~rornj~Ny uw)~en due the princi~wl a~td
interest and od~er sunu a/ mor~~ provided far iri said natc a~ul this mort~a~;e, or cither: to ~wy a!1 and
si~~ular the taxes, ussessments, leuies, liaLilitics, oGli~;atio?~s, a?id cncumbrances o/ coer~~ ~u?ture on suul proJ~-
erty; to pern~Ft, comn~it or saBer no u;aste, im~wirment or deterioration o/ said la~ut or the im~roveme?us
tl~ereon at any time; to keep tlie 6uikJi?igs no~c or hereu/ter on saul lanc! fully i?tisurcd in a s~~m of not less ~
than T~iventy thoueand dollars and no/100
in a company or ccm~wnies acceptaJ~le to the mort~;aree, the ~wlic,y or policies to Le held by, and }wyable
to, saul mortga~ee, and in the ecenf an~ sum o/ money Gecomes payal~le L~ oirtue of sucl~ i~uurance fhe
mortgagee shull have ihe ri~lit to receiue and ap~~ly the snme to the inde~itedness l~ereby secured, accouruing
to t)ie rnortgagor for an~ surplus; io ~wy all ca,ts, churges, ancl expenses, including becyer's fees arul title
searches, reasonably incurred or paid b~/ the mort~;a~;ee l~ecause oj tl~e faflure of the mortgagor !o promptly
and (uA~ compl~~ ~cith the agreements, stipulatiores, co~ulitions and couenorus of saici rwte ancl this mortgage,
or either, to per/onn, comply u~ith and abide by enc)~ and ~eoery N~e ugreements, sti~n~lat~ons> conditioru nnd
couenants set forth in saul note o?ul this morl~a~e or eiN~er. ln !he event the mortbagor fails to pa~ ichen
~iue onf tax, assessment, insurance premium or other s~un o/ ~noney Jw~able Gy oirtue of saic! note aru~ this
mortgdge, or either, tlie mo~tga~ee may Jwy the same, ~~yd~out icaiuing or a~ecting the option to foreclose
or uny otlier ri~ht hereuruler, arul all sucl~ ~wyments s1iaU bear interest from dote thereof ut tl~e hi~Iiest lau.-
ful rate then allou;ed by the laws of tl~e State of Florida.
~l antJ sum of money herein re%rred to be not promptly Jwul icithin thirty ~iys next after
the same becomes due, or if eacl~ a?ul even~ tl~e agreen~ents, stipulations, co~ulitions and covenants oj said
note and this mort~a~;e, or either, are not /u[ly ~er~ormed, complied uith a?ul abided b~, tlien the entire
strm mer~tioned in soid note, ond ihis »~ortgage, or the entire balance unpairl thereon, shal! forthu;itli or
t)~ereofter, at the option o/ ihe morigagee, become and l~e due arul jxiyable, an~hing in said note or herein
to the contran~ noticithstaruling. Failure by the mortga~ee to exercise any oJ the rights or options herein
provuled shall not constitute a icaiver o/ an~ rights or optio~u u?uter said note or this rnortgage accrued or
thereafter accruir~. -
~n ~itness ~hereof~ the soid mortga~;or has l~ereunto si~ned and sealed these presents the
dat/ aral year first abo~;e ~critten. .
Signed, s led mid deliuered in presene of: _
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~ STATE OF FLORIDA, )
~ COUNIY OF . ~~~~Z~ ~
1 HEREBY CERTIFY that on this da~•, before me, an
o~cer duly authorizcil in the State a(oresaid and in the County aforesaid to take acknowleclgmentr, personally appeareci
Diane Mosley attorney in fact for Milton H. Mosley and
~ to u~r ~i~~~~G ~N• .h~~4r~~~YA~~'~tl~ilirf`~~il ~~M~ i•~t~~uti•d tIN• fun•~uin~ instruuN•nt :tn~l ~le~/ ack~w~vledQ~Kl
Ix•fort• me• tlc+t they i•~iY•~di~l thi• .:u~~o-
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~ ~~'IT\EtiS u~t- Ismd and of(ici:d .~:d in th~~ (:onnty :~nd tit:?t~~ L•t~t :tfurr.:tid this clay oI
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IVOMQY i'll?~iC STATF ^c clARID• •i I~Ot+E ~ ~ .
Ml COMMISSION EX?IRc_5 p~T. 11. 1977 D ~j~r R =
SONDED iHRU GEN'RAl lNSURaNCE UNCtpV?'R~TER~ ~~I.E 3~ R~~ - C.~ ~ 1%' #
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~ R4CE~ FO~TRAi . 'r- p ~ ~
~ ~~,ERK Ct-:,~f~1 COUIIt \ . - ' . : ~ _
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~ REC~kG Y."~~' J . .
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~ 600K ~.c~V PAGf ~t7V
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