HomeMy WebLinkAbout1374 and s/iall per/orn~, cor?~ply erith u?ut al,idc Gy euci~ und ~ucry Ihe a~ree?ne~~ts, stip~~lations, conditioiu and
• covenants tlrereof, orut o/ ihis ~nortka~;e, then this mart~;a~e u~ul the esfate )~ereby created, s1~a11 cease, de-
tennine ancl be null anct ~oid.
~ the mortbagor hereLy further covenan~s a?ul a~;rees to ~y promptly when due il~e priricipol arid
Interest and other sums of money prouirJed for in soicl ~wte a~ui this mort~;age, or either; to pay aI! anct
singulor the tares, assessrneuts, leuies, liaGili~~es, obli~afio~u, und ~ruw?nbrances a~ eoen~ rwture on svid proJr
erty; to permit, comrt~it or suBer no uaste, impairment o? deterioratlon of snu~ lancl or tlie improvements
thEr~eon at any time; to keep the l~uiklin~s now or herea/ler on saicl larul /ully iruured in a sum o/ not leu
th~ Sixteen-thousand- tMrp -hyndr~-dollars ~
in a comjwny or c~onipanies occ~eptaGle to t~e mort~u~;ee. the policy or policies to be hekl by, arul }~oyable
to. soid mortgogee, orul in ihe eoent any sum o/ moncy Gecon~es pa,yaGle by uirtue of such insurance the
m~rigagee shalt have the right to receiue mul a~ply the sanee to the irulebtedness hereby secured, accounting
to the mortga~or for any surplus; to pay all costs, charges, a?ul earpe?~ses, including bwyer's fees and titte
searches, ieaso~w2ily incurred or paid by the mort~;a~;ee l~ecause oj the failure of the mortgagor to promptly
and fully comply u:ith the agreements, sti~xiiations, eorulitions arul covenants of saicl note anct t/eis morigage,
or either; to perjorm, comply uida arul aliide by each and euer~ die ergreements, stipulations, corulitions and
co~enants set forth in said note and this mortgage or eitl~er. In the event the mortgagor foils to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of s~aic! note and this
mortgage, or either, the mortgagee muy pay the same, u~ithout u;aiuing or a(~ecting the option to foreclose
or any other right hereunder, and uI! such ~w,yments shaU Gear interest f
rom date ihereof at the hi~hest law-
ful rate then albu;ed by the laws of ihe State of Ftoridu.
any sum o~ money herein refened to be not prompNy pakl within t~ty days next ofte?
ihe same hecomes due, or if euch and every the ogreements, sti~ulations> conditions and Goosnnnts of said
note ~ru! thu mortgage, or either, ure not fuUy per/ormed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the enti?e Galance unjwid thereon, shall forthwith or
thereofter, at the option of t)~e mortgagee, become and be due and payal~le, anything i~ s+a~d note or herein
to the contrary noiuithsta?uling. Failure by the mortgagee to exercise any of t)~e rights or opiior~s herein
provided shaU~not constetute a uaioer of any rights or options under said note or this mortgage acewed or
thereafter accruing. .
~n ~~~1~ ihe said mortgogor has hereunto signed aad sealed these presents the
day and year first aboue icritten.
Signed, sealed ancl deliuered rn the presence of:
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~ STATE OF FLORIDA, )
~ covNrY oF Dade ~
I HEREBY CERTIFY that on this day, before me. aa
~ o~cer duly autM~rized in the State aforesaicl and in the County aforesaid M take acknow{edgmentc, personally appeared
i ,
~ W. E. Carpenter
M nte kno~cn to Ix~ thc• ~x•rsnn ik~ccrilx~l in and ~~~M~ r~~~c•~di•d tlK• 6m•~;uinK instnunent •rixl h e •reknowleclgecl
licfom u~e th:+t h e i~~~Y-utcYl tix• .:~uk•_ ~
\YITNF.titi my h:uxl and offx-i:d se:d in tht• ('.~?~mty and State lad afon~~aid this 3 rd clay of
September, i~. 75 -
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