HomeMy WebLinkAbout1080 an~ s~~~~~ p~r~orm. ~~omp~y ~uilh an~ a~icre by Poc~ an~ e~~ery f~e agreeme~fs. aflpu~alton's. condifFons and
co~~enanls thP?eof, a?~d o~ t1~1s morl~as~e, tl~P~~ Il~is mwtpape and tl~e estate hp.p6y cnwl~l. sl~all cews, de-
fwmine an~I I?e ~u~~~ ~~e~ ~~oi~~. ;
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IUN~ f~ie murtgapor hen~hy ~urlF~e~ cov~nanls an~ agrees fo poy pn?mpfly when due fl~p principal a~d ~
tnterPSl and ull~er sums o/ mon~y providMl jor in sald nofe and tl~is mortgage, or either fo pay a1l and
sln~ula~ fhe fn.res, assc~ssmenls, I~utes. Iia6ililiPS, o6li~afions, and encum6~nnces o/.euery nature on said pro-
perty; lo ~~ermil. cammif ar suf
jer no U~QSIP, tmpni?menl o~ c~elertornlion of snid lana or fhe improvements
~/IPMI`Il Q~ UIIV ~FIIIP; ~O k~n rhp tiuil~~in~s nou~ or ~PIPAf
~PI' 011 said land f 11~~y ~?ISUIP~ t?1 Q SU/11 O' nof Iesr
~han highest insurable value
tn n company or compa~i~s acc~p1a61P !o Ihp mortga~cP, i?~e policy o~ policies l0 6~ hp[d 6y, and payable
fo, sai~ morlgae~e~, an~ in t~e ev~nt any sum oj mon~y he~-omPS payable hy i~irlue o~ sucti tnsurance fhe
morf~agee sha~~ ~~ane Ihe riphl fo rM-eive ari~ apply 1he same to the inde6tedness here6y secured, accounling
fo !tie morlnagor ~or any surplus; fo pay a~~ cosfs, charpes, an~ expenses, i~c~uding ~awy~s ~ees and fif~e
se~n?c{~~s, r~sona~~~y incurret~ or ~wic~ hy t~~e morffla~ee hecause ol f~e jai~ure o~ !hp morfgagor lo prompf~y
ant~ ~ully e-ompiy u~ill~ II~e a~reemenfs, sfipu~afions, c~onc~ifions an~ coi~nanfs oJ said note and Ihtt mwf~age.
or eil~~er; fo per~orm, cc~mply u~ilh and abide 6y euch and euery Itip agreemenls, sfipu~afions, condifioris and
co~~enanls set Jorf~~ in sai~ nofe anc~ f~is morigaflP or either. /n t{~e ei~pnt the mortg~gor ~ai~s to puy u~hen
du~ any fa.r, nsspssm~nt, insumn~p premium or oll~e~ sum o~ money payn6le tiy ~irtue o~ saic~ nofe an~~ I~~is
mo?Igage, or pifli~r, i~~~ mortgag~ may ~,y ~hp sam~, without u~uiving or a~jecting Ihe opfion to ~orec~ose
or any ofh~r ri~~l~l h~r~un~I~r, nnd all s~uh paympnts shall bear inlPrest (rom ~Iate fl~errof at fl~a f~i~hpst ~au~
'UI I'AIP II~PII OIIOII~((I I)V IIIP IQU~S 0/ ~IIP ~~Q~P O' FIO~I~A. ~ •
A/ly SIII?t 0/ I?1O11P~' IIPfP111 ~p~pRP~ IO ~)P not pmmptly paicl W1~~111 thirty AQy1 nex! ~j~P~
~~IP snm~ ~)P('O?IIP~ ~I/p, O~ 1~ C'UCI1 ancl e~~Pry 1{~e ngreemPnts, stipalafions. condifions Qfl~ CUI~PlIQI1~5 O` SQI~
IIO~P QI1(I t~115 m~rlt~af~~, OI' PI~~PI, Q~P IIO~ f Ully rp~~OTI~, complied Wl~~ and a6~d~1 6y. ~~P/I tltP enlirp
sum menlioned in said nole, and this mnrtqag~, or the entirn 6alance unpaid 16ereon, stiall (o~1l~witF~ or
fhereaffpr. ~f !h~ option oJ f~e morfc~nflee, ~vcome an~1 6e ~lue and paya6le, anything in sai~ rtofe or herein
fo Ih~ conlmry noiu~ilhslan~in~. Failurn ~>y IhP mortgageP fo Pxprcise any oj ftie_ ri~hfs or opfions ~erein
proric~~~ sf~a~~ nof consfih~tP a ~oai~~rr o( any righfs or opfions unclpr sai~ nolp or Ihis mortgage accn~Pi~ or
fherea~fc~r acrruin~.
~n ~Uitness ~h~reof~ Il~e saicl mortgagor I~ns l~Prn~uzlo signe~l and s~aleKl e{~ese presenls fhp
~av an~ yenr ~irsl a~~o~~e u~ritfei~.
,
' ed. a e~ and t~ i~~nrnc/ in fl~p pres~nrP o~: ~
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, . ARTHUR S. POWERS
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~ STATE OF FLORIDA. ~
COL'1TY OF r ~ ~ ;
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I NEREBY CERTIFY that on this day, be(ore me. an i
offi~er duly authorized in the Stat~ afor~said and in the County afon•said to takr acknowledqments, p~nonally appeared
ARTHUR S. POWERS ~
to me known to b~ the pcrson described in and who ex~cuted the (orcqoinq instrument and Wh0 acEnowkdged ~
betoro me that he ~xecuted the same.
~~'17'\ESS my hand ancl o((icial seal in thc County and Stat~• last afor~said this a"~ day of
~ ~,.,4~C. A. D. 19 75. _
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~ NOTARY PUBLIC
~ fit~c ~FCaRDEo
ST. LJC;t ;~~~TT f NOTARY PUBLtC. State oi Florida at I.ar~.
~ G'~~rK `.''ZR~s t~. 1~Ay Commiss~on Exp~res July l8. 1977
y C'- i, SOnded Dy AUTO OWYERS INSURANCE.
~j `^CUi1
~c ~Y C[/`r!' i~i%' C.QVy~~ ,`:~-•'y - • .
~ ~ My Co~ission expires : ~ ~ ' ~
_ ~uc 1 3 s2 PH'75 ~ r~~ ~
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~ l7~i.s Ins~ninu•ul ~n fuirt-J hy: ~ ~
~ ,~~i,in.~J aoaK 24Z P~~E~081
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~~j~.d'~~~~.'LU'!^ S. ~.~~y I n'i4 .
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