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HomeMy WebLinkAbout2896 ~ and shall pe?~orn~, comply u~ifti and obide 6y eaci~ and e~~ery IRs agreements, tNpulation's, rnndilto~u and canenants thereo~, and oJ fhts morl~ane, Ihen lhis morlgaps und ths eatata I~ere6y creaf~l, shal! cews. da- tp~mine ~nd 6e r~u~~ a~i~ ~wi.~. ~ Ihr morfganor henr6y fu?ther co~~enanls a~ul aarees fo pay promptly when due rhp P.~~~r~l and lnleres! anr~ oltier sums o~ money provicleer ~or in saic~ nofe anc~ fhis morlgage, or eilhe~; to pay a~~ nru~ dngu~ar Ihe faxps. assessmenls, levies, ~ta~i~ifips, o6~i~alions. and encumbnances of every nature on said pro- - perly; fo pe?mif, commif or sufler no u?nste, impai?me+nl or c~efe~ioration o~ aaid land or Ihe lmprovemenb thprecn af any fimw: fo ~p ftie hutldinps now ar f~erPajl~? un wid ~anc~ (u~~y insurea in a sum of nof ~ess Ihan tn n com~.iany or corr~panies a~~p~~a61~ Io thp mo~tga~ee~, ihe policy o~ policies !0 6e hpW 6y, und paynble to, saie~ mo?fyagee~, un~ in the event any sum o~ moriey ~comes paya6le by virluA of auch tnsurance ths mortgagee shall I~a~K? Ihe r~ght fo ?eceive and apply .11~e same to !he indebtedness I~ere6y sxured, accounting fo ftie morfganor (or any aurplus: lo pny a~~ cosfs, c~arges, and expenses, i~c~uc,tng ~awye~ s~ees ane~ ttl~e spurc{~fs, rc~asonah(y inc~are~ or paia hy the morl~a~re hecausP of f/~e ~oi~ure o~ fhe morlgagor fo prompt~y an~ ~u~~y romply u~ith fhe ag?eements, sftpu~altons, ro~~diitons and coi~enanls oj sai~ nole anc~ I~ts mortguge, w either; to perjorm. rom~ly u~~eh a~d a6fda by ~~I~ und et~~ry 1he agreements, alipulatioru, rnndiltons and co~~Pn~nfs sel ~0?1{~ in said note and f~is morfgage or eif~er. ~n the event f6e morfgagor ~ai~s to pay u~~en due any tax, nssessmenf, insurance premium or o1F~er sum o~ money paya6le 6y virfup oj.said nole nnc~ f~is mortgage, or P/IIIP~, I~e morlgapee may ~y 1{~e same, u~iftioul wnti~ing or aJfecfing I~e option !o ~orec~ose o~ any olhpr ~i~l~t herPUnder, and alI such paymenls shall b~ar intprest ~rom date tl~ereoJ at the hlghesf Iau~- ~U~ rAtP ~~P/l QIIOIPMI ~)y IIIP ~(tr3 O~ ~IIP ~~Q~P O~ ! ~0?(~Q. ~ e• D~ any sum af muney {~erein re~prrec~ lo be not prompfly pai~ wit{~in + 30 ~ays next ofter Ihp samP beco~nes due, or i/ eacl~ and ~rery Itie agreemnnfs, slipalalions, condi~ions and coi~enanfs oJ said no~e anc~ I~i~ mo~fgage, or pit~er. arp not ~u~~y performec~. comp~iec~ wit~ anc~ ab~dpd 6y. Ihen fF~e enfire sum mentionpd in said note, and this mortgage, or the entinn 6alance unpaid tbereon, sF~a1l jorthu•ilh or f~ereo~ter, af fh~ option oJ f~e morfga~c~e, becomp and 6p ~ue ancl paya6le, anyf~ing in aai~ note or tierein !o f~e confmry notu~ithstanclin~. Failur~ ~y t/~e morlgagee to Pxercise any of Ihe righfs or options ~erein pro~~ic~~c~ s~a~~ nof ~~onslilufe a u+ait•er o( any righfs or opfions ~in~er saicl nofe or f~is mortgnge accruei~ o~ f{~er~a~le? ~ccn~inc~. - -~n ~itness ~fdhereof~ the said morlgagor I~as I~preunto si~npcl ancr seule~l ttipse presenls ff~e ~ay an~ yp4r Jirs! a~o~~e ~nrilfen. S' Ipd and tl~Iinerecl in the pr~sencP oJ: - ' ' - ` r- . - - thur S. Powers - - ~ ; ~ , ; - ' i t - - . . ~ i ~ ~ ~ ~ STATE OF FLORIDA, ~ ¢ COL'~iTY OF ~.~f~ ; I NEREBY CERTIFY, that on this day~ be(ore me, an officer dul~ authorized in the Stat~ aforesaid and in the County a(or~•said to tak~ acknowltdqmenu, p~nonally appearcd ~ Arthur S. Powers to me known to be the penon described in and who ezerut~d the fore¢oinq ir~strument and he acknowkdged beforc nee that he ~xtcuted the ume_ \\'17 :~iESS my hand and o(ficial seal in thc Count~• and Stat~• last afor~said this K day of AugtlBt D. !9 ~,r ~ RE~~ ~~3E0 . - ftlE~ ~~-:;~JNtt ~l~`- Notgry Publ~c S Ll C , ; a5 ~ p.:~Ci. ~ : J~: .~~,~A- ~ c~-~' ~E? Mq Co~ission e~cpires : F~"~~' u~+, NOTARY PU6UC, State of Fbrida at La~qe, ~ ~ 'Z Z3 ~ 11 My Comm~ssion Expires July I8, 1977 - ( 2~ Bo~weu eY auro owneas ~r,suw~ric~, f .`,~~~lt~lf!lq~y~ ~ ~ ~~.R=rr ~ ~152.81 ; ~`o~ .....:...,~aa r-.,, . . ~ =[y ; ~~Q. ~ ~ :Y ~ ~ ~ 3...1 . : - - ~ A ~ 4 v :o _ ' ; . _ ~ : ~ = ~ K ~~2 - ~ • Z ~ • ~~l/.( ~J/f/11////(7!/ ~1/f' f?OR'[j hy: BQ.ni ~~g(~ %i~~~•~~'~~~~~~'~~~(~0~~ ~ ,~~~,in:~ srnr~ e4,,..~. ~ ~ ~ ; ~ _ ~,~s ° . : - - - _ _ - - ~`4,~,~.~~- ~ ~