HomeMy WebLinkAbout1426 an~ s~~~l~ pe?~o: m. ~mplV will~ an~ a~i~e by eac{~ anc~ e~~ery I~e ag~eemenfs, stlpu~alton's, condittons a~d
conPnar~ts Iherew(. and oJ fhls mortflane. IhPfl t{~is mort~n~e and IhR esfate I~ere6y c?pated, shall ceaae, de-
te?mine m~~I Ix~ null and void.
II~p mo~lgagor hen+6y ~tirlhe? covenanls and agrees to pay promplly when due tl~e prtncipal and
internsl and OIhPI SI//~l.t o~ money prontc~ec~ jor 1n saic~ note and !hb morlgoge, o~ eif~e~; fo pay u~~ nnd
singu~a~ I~e fa.res, assessmenfs. Ievies, ~tabi~lfies, ob~i{~ations. and encumbronces o~ every nalure on satd pro-
perly: to pe~mit. commit ar suf
fer no u~asl~, tmpairmenl o~ cleterioration o~ saitl Iand o~ fhe tmprot~emenls
therecn af ~ny lime; to ~NP~I IIIP I~ui~~~in~s ?~ow or I~ereajt~r on said ~an~ ~ully I~surncl in a sum of nof ~ess
Il~an highest insurable value
in a company o~ rompanies a~Nn~n6lP lo Ihe mortgaDc~, thp policy o~ policies to be held 6y, and paya6le
to. sni~ morfgage~. anc~ fn f{~p ~vent any sum of mo?~ey becomes poya6t~ by vlrfue of such insu~ance Ihe
morlga~ec~ shall Ravp the ri~ht to receit~ ane~ apply !he snme fo Ihe inde6tedness here6y secu?ed, ae:~Unting
to the mort~a~or ~o~ any surplus; to pay a« cosls, charpes, and expenses. inclu~ing Iowyer s jees and fit~e
searc~es. reasonah~y incune~ or paitl by Ihe morlgagee tiecause o~ !~e (ai~ure o( I~p mortgagor to prompt~y
an~ ju~~y comply u~ith fhe anr~emen~s, sfipu~aiions..con~iiions ancr covenanfs of said nole an~ lhis mortgage,
or eilher; to perJorm, comply u~Ith and a6ic~e 6y eacl~ and euery the ag~eements. slipulations, condiltons and
covenanfs sef f
ortti in snic~ note ancr ftiis morlgage or either. ~n fhe euent I~e mortgagor ~ai~.s !o pay when
due~ any tax, assessmenl, insurmue premium or ofher sum oJ money payah~e by virtue of saic~ nofe an~ I~is
mori~?age, or eif~~er, f{~p morf{~ac~ee mny pay I~p same. ~uit~ouf u~aiving or af
~ecling fhe oplion fo jorel~~ose
or any other s°i~~ht IIP/PU~I~PI', aml all such paymenls shall 6ear inlerest Jrom date tl~ereoJ at tl~e h~9hpst lau~-
(ul m1e Ihen allo~ued 6y tl~e lau~s oJ Ihe Stat~ ot Florida.
- DI any sum of murtt~y ~~prein re~erre~ lo I~e not promplly paicl wilhin thi=ty ~ays nexl aJfer
fhe~ snme be~com~s du~, or iJ eoch and ~nery t1~e agreempnla, slipulations, conditions and coi~enanls o~ said
note and fhis mortya~~~, or either, are not fu~ly per~ormed, complied u~ith and a6~ded 6y, then the rntire
aum menlionc~cl i?~ said note, and this mortgage, or thP enlire 6a~ance unpaic~ tF~ereon, sl~a~l (o~hu~~~h or
tF~ereajter, at the option oJ Ihe mo?igagee. 6ecome and 6p due and paya6le, anylhing in said note or he~ein
to Ih~ confrary notu~ilhslnn~ing. Failurn tiy tf~p morlgagee to exercise any of 1{~e. righls or options tierein
pro~~it~ecl s{~a~~ nof conslifufe a u~airer o~ any rigtits or opfions under said nolP or Itiis morfgage accrue~~ or
f~i~reajler accruiri~.
~n ~itness ~hereof~ Ilie saicl moriqngor I~ac 1~~ i to sic~nPCI an~I s~alet~ pse presents tlie
cl year (irsf nhori• u~rilten.
a cl ar ~~~ir~rPC~ i?t pr~s~nce of :
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~ . ` ~ AR S . PO~,TERS
~'.~:C~..~X-4-`. Q~ ~
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~
E STATE OF FLORiD:~, ~
; coL ~~rv c~F M t~t2~r%n~
; I IiEREBY CERTIFY that on this day~ before me, an
~ offi~cr duly authorized in the State a(oresaid and in the County aforesaid to tak~ acknowledQments, p~rsonally appearcd
~ ~tTauR S . pow~xs
j to me known to b~ the prrson drscribed in and who ex~cut~d the (orcRoinq instrummt and wh0 acknowkdged
~ befor~ me that ~tlP~ ~x~cutcd the same.
S i
~ ~~'17'\ESS my hand and of(icial seal in thr County and Stat~ last a(oresaid ihis ~0 day of
~ , A. D. '19 75.
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~ ~pEQ ~ Notary Public
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~ aECO 06~
~ ~ ~ NOTa.RY Yu& , ~:~:~da at Car~i. -
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