HomeMy WebLinkAbout2863 and shal! J~er/onn, co?nply tcit/~ ~uul al~itle Ly iach a~~d cucrJ tl~e u~;rcc~ueut.q, stipulations, conditeona a?ul
covenants thereo/, ancl oJ tl~ts mort~a~;e, theri this fpOrl~Q~;C u~ul tl~e cstutc l+crel,y creuted, shall cease, de-
te?mtne and 1ie null oru! void. .
~ the mort~a~or )~ereLy further couenanls a~u! abn~es to ~wy prompfly when due the principal and
inierest and olhcr sums of moncJ provided for in ~i~ ~wte and ihts mo~t~;oge, or either; to Nay all arul
singulur fhe taxes, assessn+ents, Ieuies, /laLilitics, ol~libatiorts, a~~d encu?nbrn?zacs oj eoer,y noture on sokl prop-
erty; to ~xrmit, aynn~it or suBer no ie;aste. impairment or ~leferarotfon of saed lurul or the imprauements
thereon at any time; to keeN the hutlclin~s now or herca/!er on said land fully insured in a sum o/ not less •
than
tn a compony or com~xenies acc~eptable ta tlie ~r~ortga~ee, the policy or policies to lie held by. and payable
to, said nwrtgu~ee, oru! tn the eoent ony sum o/ money t~ecomes ~ayaLle Gy oirtue of such insurance the
mortgagee sholl have the ri~;)~t to receive uncl ap~~ly the son~e to the irulebtedness hereby secured, accounttng
to the ~nortgogor for any surplus; to iwy all cosfs, charges, o?ul expenses, includtng luw,yers fees a?ui title
searches, ieasonably incurred or ~aid Gy the mort~;a~;ee I,ecaw~e of the failure of the morlgagor to promptly
a~uI fully comply ~cith fhe ugreements, sti~n~latio~u, conditior~s arul coueiwrus of said note arut thts mortgage.
or either, to perform, comply icith a~ul aliule by each and euery the ngreements, stipulations, co?ulitions and
co~enants set forth in sai~l note arul fhis mo~tgage or eitl?er. In ti~e event tlie mortgogor foils to jiay uhen
due any tax, assesrn~ent, insurance ~remium or other sum of money payal~le by virtue of said note arut this ~
mortgage, or either, tlie mortgagce may pa,y the same, u-ithout ~caioin~ or o~ecting the option to foreclase
or nny other ri~ht hereuruler, arul at! such payments shal! Gear interest from date tleereof at the hi~/iest lau;-
f ut rate then allou;ed by the lau:s of the State of Florida.
any s~im of money herein referred to be noi promptly paul icithin tbirt~? days next afier
the same becomes due, or i/ each and eoery ihe agreements, sti~n~latioi~.s, co~ulitions and onnenants of saict
note and tl~is mort~age, or either, a~e not fuUy performed, complied with and abided by, then the entire
sun: mentioned in said note, and this mortgage, or !he entire balance impaid ther~eon, shall forthwith or
thereafter, at the option oj the mortgagee, beeome and Ge due arul }xiyaGle, anything in sntd note or herein
to the contrary not~cidista?uling. Failure liy the mortgo~ee to exercise any of the rights ar options herein
~rovidecl shall not constitute a uaiuer of nny rights or optioru uncler said note or this mortgage acen~ed or
therea
f
ter aceneing.
~~n ~iitness ~hereof~ the saicl mortgo~;or has Iiereunto signed and sealed these presents !he
day and year first aboue tcritten.
Signed, sealed and deliuered in the presenee of:
~ - - - -----~----~--------~-----c~~'~'-~.---
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STATE OF F'I.ORIDA,
~ cooh~ oF 8t. Lncie ~
I I NEREBY CERTIFY that on this day, beEore me, an
f o~cer duly authorizecl in the State aforesaicl and in the County afomsaid M take acknowledgments, persunally appearecl
~ Arland &~ene Lott and Sdna Carol~a I.ott
M nx~ ~:~w~~n to IN~ tlx~ ~x•rn~m s d~•scrilxvl in and ~~hu ~•tiY•~di•d Nx• Fun•LUin~: in.tnam•nt and {~e~ :~ckno~~~ledRed
I~eforc ux t}uit ~1E~ ~~~~Y•~di~l thr .:uiw•. /p
~~'IT\Etiti ~n}' h:?nd and olfiri:J x~a) in th~~ ('wnwt}~ and ti4tti• I:t~t :?f~iri•.aid this / d ~ day of
~ /J~IV~ A.1). 19?~
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~ ~ ~ = Q¢~ -
~ Neto~y P~~+<. S+ar~ o~ Florida a1 !.ars~ i' i~J •
E +
Mr Coenmission Eapim Moreh 27, 1977 r'~.,•-
~ br /?mei~can Fu~ i Coswlh 0• ~ - ~L' -i.
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