HomeMy WebLinkAbout0003 arut shall perform, coniply tcid~ ~nut aL'ule 1~~ iacli ond cucry tl~c u~;rcements, stipulutior~s, conditiotu ond
covenants tl~ereof, a?ul of d~is ruort~;a~;e, tl~en thu mvrt~;atie uiul thc estatc 1?creb~~ creueed, shnll cease, de-
termine anct be nuA and voicl •
~ ihe mort~a~;or hereby further cooenan~s urul agrees to fxry promptly when due the princtpal and
~nterest and othcr sums of mone~ provicled for fn saici note a~ul il~ts mo?t~;age, or eitl~er; to ~wy all and
singular the taxes, assessments, ?euies, liabili~ies, obli~ateoru, a?ul encum6rances of eoery nature on said prop-
~ es~y; to Nerniit, commit or su~cr no u;aste, imjwirment or deterioration of said larul or the improuements
tliereon at any time; to keep ihe buildinbs now or hereufter on said Imul fully i~uurec! in a sum of not less
than
- in a com~wny or companies acceptable to tl~e »iortgn~;ee, t1~e jwlicy or policies to l,e l~eld b~~, and jwyable
to, said mortgagee, and in ihe e~;cnt an~ suni o/ '~noi~e y becomes jwyoble by virtue of such i?~.steronce ihe
mortgagee shall have the right to receioe and apply tl~e same to N~e indebtedness )rereby securecl, accounting
to the mortgagor for vn~~ surplus; to pay all costs, charges, aiu! experues, incleuling lawyer's fees and iitle
searches, ieasonably incurred or paid by the mort6ugee Gecause of ihe foilure of tl~e mortgagor to promptly
and fuUy compii~ u;ith ihe ugreements, sti~nilations, co?u/itions a?u! co~enants of saicl ~wte arul tltes mortgage,
or eiiher; to perform, compl~ icitli and abule Gy each and euen~ N~e agreements, stijn~lations, coiulitans and
covenants set fosth in saul note and tliis mortgabe or eitl?er. In the eucnt the mortgogor fails to Jwy ichen
due any tax, assessment, insurance premium or other sum of money Jxtyable by Uirtue o~ said note arul this
mortgoge, or either, tl~e mortgngee »iay fwy the same, w~thout icaiuing or a~ecting ihe opiion to foreclose
or any other right hereuruler, and al! such jwyments sleall Gear interest from date tl~ereof nt tl~e hi~l~est lnw-
fuI rate then allowed by the laws of the State~of Florecla.
any sum of monei~ l~erein referred to be rrot J~romptfy J~aul within thirty days next ofter •
the same becomes due, or if each ond every the agreements, stipulations, corulitions and cooenants of said
note anr~ this mortgage, or eitlier, are not fully per/ormed, complied u;ith and abided by, then the entire
sum meruioned in saul note, ond this mortgage, or the entire balance un~witl diereon, sha~! forthwith or
thereafter, at the option of the mortgagee, Geeome anc! Ge due oiul paya~~le, an~thing in saict note or herein
to the contrary rwticitl~staruling. Failure b~ the mortgahee to exercise any of tlie rights or optans herein -
provuled shnll not constitute a icaioer of any rights or optioi~.s under soid note or thu mortgage acerued or
tlierea~ter accruing.
~n ~itness ~hereof~ the said mortga~or has hereunto si~;ned and sealed these presents the
dat/ anci year first aboue, icritien.
Signed, seate nd deliuered in the presenee of: C- ^ C~
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STATE OF FLORIDA, ~
~ covh~nr or 3t. Luci~ ~
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I NEREBY CERTIFY that on this day, before me, an f
~ of6cer duly autFx~rized in the State afnresaid and in the County aforesaid to take ackno~~•ledgments, personally appea~ed ~
~
y Cecil Coatina and Isatilda C. Costiaa, his ~rife
s to ~ue• kno~~n to Ix• tFN• ~x•rwrn8 di~K•riht•d in au~) ~cM~ ~~~i~c•~di•d tlK• fnn•¢uin}~ imtrunu•nt :u~d they _.:~cktx~~~•IeclAed
:
Ix~fon~ ine~ tl~xt t.~le~ ~•~~'~•uti•d ihi• ..uui~. ~ r;
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~1'1"I'\EtiS m~~ h:u~d :tnd ul(ici:~l +u•al in thi• (:oiu~h' :~nd tit:~t~• la~t :dnn•~.ud tl~i. 32`d~ .3~ cL~ of
; March .a. i~. 75 ~J. -
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Q n.:'ti~Y PL'Blit STATE Of ~iQ "~j~~~'~':lt~c._-
~ ~lit '1' i~~~P. ` MY CO'~.A!~r~'Ok EY.~IRf4'.~bR ~ ~ .
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