HomeMy WebLinkAbout2268 and shall per/orm, comply wifh and a61de 6y each and ei~ery l~i~ og?eements. ~ttpulationi, condittont and
rn~~enonls the~eo(, and aJ this mo?t9ape, t1~en Ihis mo?Ipaee ~d ~h~ e:tate ?~eroby rnwled, sl~nll cews, d~-
Iermine a~sd be null and noid.
n11la fh~ morlgapor hen+by f urlhe~ rnvenants and ag?ees to poy promplly wl~en due f~ pNnctpal auI
i~leresl and olhe~ sums o~ money provided ~or In satd note and fhts morlgage, w eil~sr; fo pay a~~ and
ai?~gujar f~e IAaPt, wsessme~~ls, ~evies, ~iabi~itles, ob~ipations, and e~w?~b~n.~~ of every nnturo on sata pro- ~
pe~fy: to permif, commif or sujter no u~asle, impatrmenf or defertoration oj said jand or fhe improvern~b ~
Iherrcn at ~ny lime; fo ~PPP IhP 6uildln~s now or he~ra~l~r on ~aid Iand jully tnsuret~ In a sun~ oj not less
than highest insurable value
in a company or companies ac~cepta6~A fo f~e morfgagee, fhe po~lc~r or po~iciss fo be ~e~ ~y, and pnpa6le
lo, salc~ morfgape~, and in f1~e evpnl uny sum o( money beeo?nes ~yabl~ 6y v[rlue of auch inauranc~ Ihe
morlflagee sF~aII {~a~~e Il~e ~ight to ?eceit~ and apply tl~s same to tl~e Incle6tedneu I~ere6y secured, ac~eounttng
to f~e morfc~a~or jor any surplus; to pay aII cosls, cha~es, nnd axpensps. including ~awyers jeea and fif~e
searcties, reasona6ly tncu?rec~ or paid tiy Itie mortgapee because o~ ftie ~ai~ure o~ f~e morlgagor lo prompfly
~ nnc~ ~u~~y i~omp~y u~ifh 1{~e agreemenfs, sfipu~ations, concitlions ane~ covenanfs o~ saicr nole a~~ this mortgage. _
o~ eil~ier; to per(orm, comp~y wifh an~ abi~e by eac% anc~ every !he agreemenfs, slipu~afions, eonditIont ancr
covenanls se1 )orth in said note and l{~ts mor~9aAe or either. In the event Ihe mo?tgagor (nils to pay when
due anq tax, assessment, insumnc~e premium o~ oti~er sum o~ money papable by virlue oj said note ~d ~hu
mortgage. o~ eilher, ihe morfgage~ ,?~oy ~y ~he same, u?Ithout watving or u'~ecling f{~e optlon to ~o?ec~ose
or any ofher rigl~t he~~+~nder, and all such paymenfs shall bear interest (rone dale t6ereo/ af Ihe 6ighest law-
Jul rafe Ih~n allowc~l 6y fhe ~au?s oj 1he Stnte oj Florida.
.~l any sum of money I~erein ~e~erre~ to be not prompily paicr wit~~in thirty ~aYs next n(ter
fhe same ticK-omes aue, or i~ eac~ and ene?y Ihe agreemenis, slipulafiona, conc~itions anc~ rnvenanfs oj satc~ ~
note and thts mortpa~e, or pither, are not Jully performecl. ~complied will~ and a6ided 6y, tl~e~ Ihe entire -
sum menlioned in said note. nnd t6is mortgage, or the entire 6alance u~pnid thereon, s6all jorlhu~ifh or
fherc~a(fer. ~t f~e option o~ 1{~e morlgaflee, 6ecome and 6e due and paya6le, anyf~ing in said noie or tierein
fo tf~e conlrnry noiu~ill~slandinq. Failurn 6y fhe mortgagee lo exercise any o~ ftie rig~ts or options heretn
proni~ec~ sha~~ nol co?utilute a u~ai~~er o~ any rig~is or opfions unt~er saic~ nofa or tkis moHgage accrued or
t~ernojfer accruinn.
. ~n ~itness ~hereof~ Il~e soicl morfg~gor h~s I~ereunfo siryntKl ancl seale~ t{~ese presents ihe
clay an~ year ~irsl a~ove u~riHere. - -
$ignrr~. sea~ec~ anc~ c~e~inere~ in !~p pr~sence oJ:
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~ W. SCHORNIIR
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STATE OF F~FA!lBM+, ~
COli~TTY OF ~ ~~rt e
d~ I HEREBY CERTIFY that on this day, before me, an
officer duly authorizrd in the Stat~ aforesaid and in the County afor~said to Wk~ acknowledgmenu~ personally appearcd
ALFRED ~T. SCHORNER
to me knorvt? to tx the person described in and who executed the fore¢oir?~ instrument and W~10 acknowkdged
betor~ me ~hat he ex~cuted the same.
~~'17'\ESS my hand and o((icial seal in thc (:oanty and Statr last a[oresaid thu day ot
August A. D. 19 75.
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RG;:'c^ ~U~~RAS
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aF~ . ^ YE:,.:,Er .
~ ~~,•~•~~~~1~~+~"~~t. Commission expires:
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