HomeMy WebLinkAbout0628 and al~oll perform, c•omply wilk and a6tds by eacl~ and e~~ery the agre~menls, sfipu~ntloni, cond~tioru and
~co~~enanls thereoJ, and oJ fl~la mortga~e, ihen fhis mo?lgape and tl~e eitnte Rere6y c?snled. s1~aI1 cewe. d~-
Iermine and 6e null and iroid.
~ Ihp mortga~o~ I~er4~6y Jurther co~e~ants and agnes to pay promptly when due tl~~ princtpal and
~nlerrs! and of1~e~ sums of money pro~ldec~ (or in satd ~ofe and t~lt morfgage, or eiftisr; to pay n~~ ond
iingu~a~ ltie laxea, ossessments. ~evtes. ~la61lttles, ob~lgaltons, and encum6mncea of ee~ery nalwe on satd pro-
pe~ly; to permit. commif o? su(jer no waste. impairme~! or deteriowtlon o~ aaid bnd or ftie lmprovemenb
fl~er+e~n af any lime; fo ~Pep fhe bul~tngs now or hereaffPr on satd ~anc~ fu~~y i~uure~ tn a sum of not ~ess
~~an Seventeen Thousand and no/100 ($17,000.00) - - - - - - - - -
in a rnmpany or componies accepta6le lo the mortgagee, the policy or poltctes fo be I~eld by, ~d ~~61.
fo, said morfgagAp, an~I ln ftie event any su~n o~ money 6ecomes ~~61~ 6y virtue o~ suc~ insurance ttie
~nortgagee sholl have the rtgl~t to receive and apply Ihe same to the tnde6tedness ?~ere6y secured, aceour~fing
ta !he mortga~or jor any s~uplus; to pay a~~ costt, ctiarges, and expensss, inc~ucjing ~awy~ s~eet untj t!!~e
spa?r~es. reasona6ly incnm~cl or paid 6y Ihe mwfgagee tieca~ue of t~e ~nt~ure o~ f~e morfgugor lo prompl~r
one~ ju~~y c~omply with the ngreements, sflpu~alions, con~tllons anc~ covenanfs oj said note and fhis morlgage,
or eit~er; to ppr~orm, c~omply wtd~ and a6ide 6y each and every !he agresments, sfipu~alions, eandifiont and
co~~enanls set ~0?1{~ in satd note nnd f~is mortgage or eftl~er. ~n ftie evenf !he morlgagor (ai~s fo pay w~en
due any tax~ assessmenf, insurance premium or othe~ sum oj money paya6le 6y virlue o( sater note artc~ lhls
mortgnge, o~ eif~i~, I~e mortgagee may pay ttie same, wil~out waiul~g or a~lecting the oplion to (orec~ose
or any o11~er ~ight hPrrunder, and aII such paymenfi sl~all b~r In1e?est ~roen date thereoj at the I~ighest law-
~~1~ M~P Ihen O~~O!!?~ ~y ~~P ~WS Oj t~p S~Q~P O` F~OI~~Q.
any sum oJ monPy herpin rr~eeTec~ fo he not prompl~y patt~ within 30 day: nexl a(ler
the same ~pc-o?nes cr~ee, or i~ eac% A/!~ Pt~e7y I~P Qgf+[~IIlP/II3, stipu~atlorts. rnnc~itions a~d covenanfs oJ said
note an~ f{~is morf~age, or PlthPr, are nof ~u~~y performec~, c~omp~iec~ witti and nbiaed by. 1~en fhe enlire
sum mentioned in said nofe, w~d th~s mortgn9p, or tbe entire 6alnnce unpaFd tl~eriwn, shnll (orehwith o~
thereajter, nf t1~e oplion oj the mortgagee, 6ecome and 6P due and paya6le, anytl~ing in snid note or herein
` b fl~e contrary nofu?ill~sfancling. Fatlttre 6y ~I~p morlgagee fo pxercise nny o` ttie rig~ts o? opfions ~erefn
provicled s~iall not conslilutp a u?airer oj any ?ig~fs or opfions unc~er saic~ nole or f~iis mo~fguge accrue~ or
f~erea~t~r accruing.
~n ~~N`~ ~~~L~ f~e sai~ morfq~or has herPUnfo signecl and seale~l 1{~pse prrsents I~e
day an~l yea~ ~irst a6ove ioritlen.
Signecl, sealed and delirered in Il~e presence o~:
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- ~ Dorothy L~Holcomb
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~ STATE OF FLORIDA~
COUYTY OF St. LIIC7.@ ~
I HEREBY CERTIFY that on this day~ be(ore me~ an
otficer duly authorized in thr State a(oresaid and in the County afor~said to t~k~ acknowledgmenb~ penonally appeared
DOROTHY L. HOLCOI~, a single adult
to me known to b~ the perton dcscribed in and who executed the (or~qoin,q instrument and Sj'lg acknowkd~ed
beforc me that She executed the ~me.
WI7'NESS my hand and of(icial seal in thc County and Statc last afomaid thu 26th dap of
Sept. A. D. 19 ']rj .
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f~L~~~~F~ ovt~*5~~~ c~. Notary Public, Sta~e:~of Fli:•.~~~: qe
' Sj~ f.c~~.';~t .^'-at My Commission expir-~rt --'7~- '
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~~~~n~ - " BQOK ~~4 PAGE 620
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