HomeMy WebLinkAbout2062 and shall per(orm, i-oniply ioitF~ and a6ide 6y parh an~ ~i~Pry the ag~eements, stipulatioris, conditions and
co~~enanfs f{~~reK?J, an~l oJ Ihis murt~anP. Ihrn fhis morfpa4~e an~1 the estate hrre6y crPOt~, ah~l[ cPase, de-
termine an~I Le ?u~l~ and aoicl.
Ifn~ f~~~ morf~~a~~ur I~~mtip (u?I~ier covenm~ls arid agrees to pay prompt~y when ~ue Ihe principal ane~
inferes! ancl of~~er sums oj money provir~e~~ ~or in saicr note arit~ Ihls mortgafle, or eifher; to pay a~~ and
sinflular the faxe~, nss~ssmenis, ~~i~ies, ~ia~~i~ilies, o~~i~alions. ana encum~rowces o~ every nalure on saitl pro-
perly; fo pe?mil. Zb`mmit or su~~er no wasl~, impairmen! or ~eterio~alio~ o~ sai~ ~ancr or I~e improvemenb
. ~~PML`II Q~ Q/IV ~Ifl1P: ~O RPP~) ~~IP ~)[II~(~II1~S IIOU~ or he~~a~Mr 0?1 S(il~ ~QII~ /ully insuretl IR Q SUIq O~ IIO~ ~P!!
Ihan FULL INSUIi~BLE VALUE
in a ~~omparty or ~ompanies acc~pla~,~e fo f{ie morl~af~ee, fhe po~icy or po~icies fo ~?e hptd 6y, and paya6le
to, sai~ morl{~a,rye~, and in tl~P ~nenl any sum of mon~y 6ecomes paya6~e 6y tiiriue o~ such insurance !1~
morf~ag~~ s{ia~~ ~~ai~~ fhe ri~~{~t lu r~i•eiv~ anr~ apply t1~e same to If~e inde6tedness hereby secured, accounfing
fo f~~~ mortfla,ryor ~or any surp~us: lo pny n~~ cosis, c~ar~ps, anc~ expenses, i?icluding ~awyer~s jees nnd fit~e
3PqM~PS, r~oson~I~Iy incurrn~~ or pai.l by ~hp morfflanee ~PCaUSP o~ I~e fai~ure o~ Ihp mortga~or to prompt~y
nnc~ ju~~y ~•omp~y u~ilh i~~e ac~re~mpnls, sfipu~afions, concrilions nnd covenanfs o( saic~ nole ancr Ihis mortgage.
or eil~ier: fo perjorm, ~omp~y U~IIII afl~ qhf~B by ~a~h an~ PVPry I~P agrpemenls, stipu~nfions, rnnaifions anc~ ;
corenanfs sef jorl~i in saicr nofe and this mor!{~age or eii{~er. ~n the Fvent I~e morfgaflor ~ai~.s fo pay w~en (
c~ue any tax, assessmi~nt, ensumnce premium or of{~Pr sum oJ money paya6le tiy virlue of saic, nofe ane~ lhis
morlgag~, or Pif~~er, f~~~ mo~tgaq~e may pay Ihe same. u~if~ouf u~aivin~ or a~~ecfin~ fhe opfion fo ~orec~use
or any otliPr ri~il~l I~~rnuntler, and nll such payments shall 6ear infernsf ~rom dufe fhereof at Il~e I~igh~sf ~au~-
(ul rnl~ I?~~n nllo~ue~l 6y Il~e In~ns of fl~~ State o~ Flori~la.
D` nny sum o~ money ~~erein re(errec~ lo I~e not prompfly paic~ wi!{~in thirty ~~ays nexl n~ter
tli~ sam~ 1>e~om~s du~, or i~ eacl~ ared eupry the a~reem~nfs, stipulalions. condilions and coi~enanls o~ said
nolP ancl Ihic mnrlyn,ry~, or ~itf~~r, are not fu~ly performed, complied u~i1h and abidecl (~y, tF~en tl~P eniirP
snm menfionP~l in sai~ nol~, anc~ t{~is morl~age, or th e entire ha~ance unpai~ t~erpon, s{~a~~ ~orl~uuilti or
fhereajtpr. at f~~~ optiori o~ t~~e mort~~~e~, ti~come ancr ~~ue an~ p(lyq6lP, anylhin~ in sai~ nofe or ~~erein
10 1~~~ t'onfrary ~~oltvill~sfon~Iing. Failuri> E~y fhe morfgage~ fo c~.rercise any of t~e riflhls or opfions herein
proric~~~c~ s~~a~~ nof conxfifule a u~aii~Pr o~ ~ny rig{~ts or opfions un~er saic~ nol~ or eh~s mortc~ape accrup~~ or
I~~ereaJl~r nc~•ruinf~.
Dn ~~Ln~s ~hereof~ f~~i~ sni~ morlc~n~~or ~u~s ~~prn~u~lo signe~ onc~ s~a~~~I fl~ese presenfs ftiP
t~a~ an~~ yoar Jirsl n'~oi~c• ~rritlpn.
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~ As to Jack Scarbor h
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' STATE OF FLORIDA,
~ cc~c'\TY OF Hi~hlands ~
~ 1 HEREBY CERTIFY that on this day, be(ore me, an
~ otticer duh• authnrized in the Stat~ aforesaid and in th~ Counry aforesaid to takr acknowledqm~nu, penonally appeared
~ W. J. SCARBOROUGH , BOBBY SCARBOROUGH and JACK
SCA~OROUGH, ~
to m~• known to he the prrson escn d in and who f7CffULf(~ the forrqoin¢ instrument and t~'1@3/ acknowledqed i
txfor~ th,cthey ex~cuted the same.
~~'[l~\ESS my hand and o((i~ial seal~ ub.~~unty and Stat~• last a(or~said this ?~~j' day of
-i p. . «v A.
s..: H7` f~
~ April, a. D. t9~ -,':-anS L
~ r i 1 - t . j ~1~~ ~ : <
~ ~._~..~~i• ~ . ,
~ r. _ - . .5i.al;,~l '
~ ~f' ~ ip ~ J Notary Public - State ~~D~~,~~o~i,d~
~ ~:e i ~
~ ~ 4 at Large _ ~ ' ' .
~ „t c: : j:
~ 30~3Z~ My Commission Exp'i~e~3 ~ _ ' ~
; . .
r.~ ' ' I:~~;.l~r ' . ~ ~~::cs1, jv•:i,
STATE OF FLORIDA MY CO/A1A'f,e,~,, ~ - _ . . '•.r., i~~g; • l z ~ -
~ l~NDED THkU GENE~;A,i i~~ur~s.r:~; vt~tF'~a.~~f~`~ :
~ CoUN~ oF Hi~lilands ~ i~ ~ ,~j f~ ~j~
~ ' , =1.. . ti
~ •
I HEREBY CERTIFY that on this day, before me, an officer ~
~ duly authorized in the State and County aforesaid to take acknowl-
~
edgments, personally appear~d BOBBY SCARBOROUGH, to me known to be ~
the person described in and who executed the foregoing instrument ~
~ !lr~c li~~~nan~•~r~ pr~p~rr~-r! lry:
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