HomeMy WebLinkAbout2250 and shall per(orm, comply u~ith and ahi~e tiy ench artd e~~ery tf~e agreemenfs, stipulations, condilions and
coi~enanls thereoj, and o/ this mortgagp, t1~en fl~is mortgage ant~ fhe eatale hp~by cveated, ahal~ cease, de-
lermine anc~ he null an~I voi~.
~n~ the martga~o~ tiernby ~urfher covena~ts anc~ agrees fo pay prompl~y when due Ihe princtpnl and
inferes! an~ ol{~er sums of money provided ~o~ in saic~ nofe and Ihis mo?fgage. or eilher: to pay al~ and
sin~ulnr I~e laxes, nssessmenls, ~evies. ~iabi~ities, ob~igafions, nnd encumbrances o~ every nafure on said pro-
perly: fo pe~mif, commit or sujfar no wasfe, impairmenf or deferiowtion o~ said land or Ihe improvemenls ~
thernon at ~ny Iime; !o keep the 6uildings now or I~erwiJter on ~aid land Jully insurecl in a aum o( not less ~
tl~an ~~,tl,l iI~cux'able Value . >
in u company or companies accepfub~e to t~?e mortgagee. Ihe po~icy o~ po~icies to be held 6y, ond payable t.
!o, sni~I morfgagee. and in Ihe euent any sum o) money 6ecome: paya6le 6y virtue o( such insurance lF~e _
mortgagee sF~all have !he rigf~! to roceive and npply the same to the indebtedness here6y secured, accounting i
to fhe morfgngor jor any surp~us: to pay a~l coats, charges, and expertsea, inc~uding ~awyers (ees anc~ tit~e `
searcl~FS, rensona6~y incurrecr or pait! ~y f~e mortgagee because of ttie f
ai~ure oj !he morfgagor fo prompt~y
anc~ ~u~~y comnly u~itti 11~P ayreeme~ta, stipu~afions, cont~itions and covenants o) said nole and tl~is mo~tgage.
or eilher; io pe~form, comp~y witit anc~ a6itle 6y ench antl every Ihe agreements, stipu~ations, conditions and '
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covennnts sef (ort{~ in said note and fhis mortgnge or eilF~er. In the evenl ll~e morlgagor jails to pay when ~
due any tax, ossessment. insurance premium or ot{~er sum o~ money paya6le 6y virtue o~ snid note and this :
~
mortpage. or eittier, ftie mo~tgagee may pay the samp, withouf waiuing or a~fecting f~e opfion fo Jorec~ose 3
or any ot{ter ri~ht {~ereunder, and a~l such payments shnll 6ear inte~est ~rom date thereo~ (fI ~~P ~ighest lau~- f
,
~tt~ rafe llien a~~otue~ hy t{~e laws o~ Ihe $taf~ o~ %~ori~n. ~
any sum o( money ~erein re~errec~ to be not prompf~y paid wifhin 3~ cloys next n~ter '
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fhe same bPCOmes c~ue, or iJ eac{~ and euery f{~e agreements, stipulations, condifions and couenants o~ said }
nofe ~nd tf~is mortpage. or ei1{~er, are not f ully per~ormec~. complied with ~anc1 n6~dpd by, t{~eR tl?e entire ~
sum mentioned in said note, anc~ t~is morlgage, or t{~e entire balonce unpaid thernon, shall /orthwith or ~
lhereaftar, at t{~e option o) IF~e mortgagee. 6ecome an~ 6e due and pnya6le, anything in said note or herein ,
to tF~e conirary notwil{~sfnnding. Failure hy the mortgagee to exercise any of ttie rights or options {~erein $
pro~~ie~ec~ sha~~ not consfifufe a u+aiuer o~ any rig~fs or options urtc~er snic~ note or ttiis mortgage nccrued or ~
fF~ereaJter accn~inp. h
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~n ~~l1l~S ~hereoE~ the said mortgngor hns hereunto signed and sPaled these presents the '
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doy an~ ynar ~irst nhoi~e u~riften.
Sign d. e led and red in the p~esence o~: ~ r
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~ STATE OF FLORIDA, .
~ COUVTY ()F SI'. IiICIE
I HEREBY CERTIFY that on this day, before me, an
~ o((icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledqments, personally appeared
~ RQL~I~ID B. NICHQI.90N ar~d ELISABETEi S. NI(~SQLSC~I, his wi.fe . .
~ to me known to br the pcrsonS describcd in and who ezecuted the (orcgoing instrumrnt and seknowkdqed
~ beforr me that ~)2I7 exccuted the same. ~YL.,
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~ \~'[TtiESS m~ hand and o(ficial seal in the County and State last a(oresaid this , ul' ;_~~~`%~~~+y ~ ~
~ ApY'll A. D. 1~5. ' ' yj `y t-; '~s I: .
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