HomeMy WebLinkAbout0060 an~l shaU p~r~o~m, <~omply wi11~ and a6tds 6y each and ~nery Ihe agreements, stlpubltons, rnnditions and ~
corenants fl~Preo~, and of I~~is morf{~ape. ftien ftits mortgape ana fhe estals hereby c?eafec~, shall cease, d~-
termine ond ~ null and ~wid. .
Ti1~Y fhP murfganor I~era~y ~url~er covennnls ancj ogrec~a to pay promptly when due Ihe prtncipal and .
inferes! and OIIIP~ sums oJ money pro~~i~Ie~I for in sal~ note and ttili morlgage, or e11~e~; to pay a~~ and
sinflu~a? I~e fa.res, ass~ssmPnla. ~eviPS, ~lahi~ilies. o6~t~alions, and encum6ronces of every nalure on said pro-
~ perly: fo ~rmil. commil or su~fer no wasle, impai?ment or c~eferioraiion o~ aait~ ~and or ftie improvemenb
f{~Prncn af any lim~; fo k~ep ff~e bttildinfls now or herna(ter un said land Ju~~y i?uure~ In a sum oJ nof ~ess
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in a company or rompanies acYrpla6le !o !he morlgnpee. tl~e poliry o~ policies to 6e held 6y, and paya6le
~O, sai~I morluaaee. anrl I/I ~1IP euent A~IV lUIR n~ ntAnwV nPM/nn~ nnvn{~~ ~v ~:i?Ii~s e~~ e~~~~ INf~~MMI`~ f~s
mo~fgagee shall hai~e ihp ri~ht fo ?pceire and apply fhe same to the indebtedness here6y si+cured, accounting .
fo f{~e mo~f~~agor for any surp~us; lo pay a~( cosfs, c/~arges, and expe~aes, including lowyp~'s ~ees anc~ til~e
SPAICIIpS, rpasonaf,~y incurre~ or paid 6y fhe morfga~ee ~~cmise o` t~e ~at~ure°o~ Ihp rno~fgagor to prompf~r
ancr ~u~~y c~omp~y u~il{~ f~e ag~eeme~~fs, sfipu~alions, conclitions ancl eonenanfs o~ said nole an~ (~is morlgage.
or eil~~er: fo p~r~orm, comply u•ifh and a6ide 6y each and every fhe agreemenfs, sfipu~alions, c~ondifions and
coi~~n~nfs sef fwl{~ in sai~ nole and 1{~is mortgnge or eithpr. In t~e event Ihe morfgagor ~ai~s to pay u~hen
due any lar, RssPSSm~nl, insurance premium or otl~er sum o~ money paya6~e by virfue o~ saic~ nolp an~ I~~is
morlgage, or pil/~er, ttie morf~agen may pay f{~e same, iuithouf wuiving or a~jecling ftie uption fo Jorec~ose
or any oll~er ?i~~{~f F~~rpuntlpr, and a~~ sucl~ payments s{~all 6ear interest ~rom date fl~ereoJ at 11~e high~st law-
~uI rafP f1~~~ a~~oivcd by fl~~ ~a~vs o~ Itip $tafe o~ Floric~a.
any sum of money herein re~erre~ lo Ge not prompfly paid wilhin thirty t~ays nexf a(ler
t{~e smm~ hP~omrs r/up, or ij ~rl~ anrl P~,~~y ~J~~ Qn~ppmpnls, stipu~alFons, concjitions anc~ coc~rnants o~ saic~
nole and ttiis morl~~age, or piihpr, nre nol ~u~ly ppr~o?me~l. ~omplied with and a6~d~1 6y, t1~en !{~p Pntirt~
sum mentioned in said no1~, u?~d tl~is mortgage, or tl~e entire ba~ance unpaid thereon, shall jortl~iuith o~
tl~erea/ter, al th~ option or the mortflagpp, 6ecome and bn dtte antl paya6le, anything in said note or herein
to fhp ronfrory nolu~ithstanding. Failur~ f?y fhe morfflag~p tu exercise any o~ ftie rigtifa or opfions herein
pr+c~t~i~ec~ shall nof conslih~fe a u~aiv~r oJ any ri,ry{~Is or opfions uncler sai~ notn or ttits moHgage accruei~ or
• f~er~aJl~r accruin~. ~
~n ~~D`~ the snid morfqagor hns I~err~info signe~I ancl sealecl Il~PSe presents Ihe
~ay an~ yenr (irsl A~WDP ivritlen.
$ignet~. SPOIP~ ared tlelit~ in t pr~sPnce of :
• ~-1~.G`js/ ~
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~ Ellen S. Elmerson, as Trustee -
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' STATE OF FLORIDA~ ~
~ GOUI~TY OF
I HEREBY CERTIFY that on thi: day, beforc mq an
i ofticer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowkdgments, pcnonalty appeared
; Ellen S. Emerson, as Trustee .
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~ to me known to be~ the penon described in and who eaecutcd the (orrqoinq instrument and Shg acknowkdged
be(orc m~ that Sl'lE eaecutdd the same.
E N'[7'NESS my hand arxi official ~eal in the County and Stat~ last aforesaid this ~ dap o!
~ ALiCJLLSt A. D. 19 'J~j .
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r ' NOTARY ~BLIC , State of . rida j
at Large .
My cominission expires : ~f - ~r-
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; FiIED ~ML~ N=_CUlUEO , 11~~f1j'%~?~ .
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i ROGE? ~0~7RAS ''•y .
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