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HomeMy WebLinkAbout1234 nn~ s~~a~~ perju~m, ~•on~ply u~il~~ ancr a~~i~e ~~y euch an~ ei~p?y t~e aflreements, sfipu~ntions, condt!lons and co~~~nanis f~~ereo~, nnc~ oJ t~~is morfgapP. Ihe~ I~is mwtpar~p ant~ lhe eslate hp.~6y cr~at~, s{~a~~ cpase, c~e- t~rminp antJ ~ nul! an~l eoi.l. Iin~ IIiP mort{~a~~or ~~~rehy ~urltier coi~enanls ana aprres fo pay promplly w1~en due ihe principal and infernsl an~ of~ipr sums oj mon~y pro~~i~Iecl lo~ in sai~ note and fhis mo~lgage, or eif{~er; to {wy a~~ and sln~ular 1he tax~s. assessm~nls, lei~ies, liabilities, o6li~ations, and encum6rnnces o~ every nalure on said pro- perfv: fo permif, c-ommif or suf~er ~~o u~asle, impairmenl or creteriomfion o~ said ~and or fhe improvemertts Iti~rncn af anY lirt~~: fo ~r~~p f~~e ~?ui~~inc~s n~ur or h~rnafl~r on saic~ ~antr ~tt~~y insu~ec~ in a sum o~ nof ~ess fhan in a com~~any or ~ompmiies acc~~~lal~~P to Ih~ morlpaf~ee, Ihe po~icy o~ po~tcies to be hp[d 6y, and poya6le to, sai~ morl~a~~~~, an~~ in thP ~~jenf any sum o~ money f~ecomes paya6~e tiy ni~lue oJ such tnsurance ftie morfflag~e shall hai~~ Ihp ?ight to MfPIDP and apply Ihe same to t{~e i~de6tedness here6y secured, accounfing fo ff~e mortc~an~r (or any surp~us; lo pay a~~ cosfs, cha~es, anc~ expenses. inclu~Iing ~awyer s jPes anc~ tit~e SPAIf~PS. IPASO~IAI~~y inr~are~ or pai~ hy I~~e mortfla{~~e hecausp o~ t~e ~ailure of f~e mortga~or lo prompl~q ancl (ully c•omply u~il~~ the a~teemertts, slipu~ations, contrilions an~ conenanls o( saicl note antl tF~is mortgage, or ~if~~er; fo pe~Jorm. ~omply u~ifh and a6ide 6y pa~h ancl ~very I~i~ agreemenls. slipu~alions, condifions ant~ roi~~nants set Jort~~ in saic~ nofe anc~ .Itiis mort~nge or eifher. /n the evenl Il~e morlgaflor ~ai~s fo pay u~~en tlu~ any fa.r, ~ssessment, insu~ance premium or ofl~er sum o~ money paya6le 6y e~irlue of saic~ nole an~ I~is mortpnge, or eil~~er, Ihe morl~age~ may pay Itie samP, u~ithotd waiuing or ajJecling ftie option fe ~orec~ose or any o11~er ri~~ht h~r~und~r, and aII SUC~ PQyf71E~IlIS ShAII UPQ~ I/IIPI'PSI ~rom date fhereoJ at Ihe higl~est lam- (u~ rntp Il~~n allou~ecl 6y Im„s o~ t{~e SlalP of Florida. DL nny sum o~ mon~y ~~erein re(errnc~ lo tip nof prompf~y paic{ wifhin 30 e~ays next a~fer Ihe samP 6~com~s duP, or if each and every II~e ac~reemNnls, stipulations, conditions and corenants of said note and this morfqa~~P, or Pitl?er, are not f u~ly per~ormed, complied with and ab~d~d by. Il~en fl~e entirp sum menlioned in said nof~•, and this murtgage, or t~ e entire 6alance unpait~ tl~ereon, shall f orlF~wilh or ttipr~a~ter. ut f{~~ oplion oJ 1{~e mortgn~ee, tiecome and 6P due ancl paya6le, anyl{~ing in saic~ note or herein fo 1~~ ~onfrary nolwill~slnnc~ing. I'uilure F,y ~hP morfgagep to exercise any o~ t~?e ?ig~fs or opfions ~erein pro~•ic~ec~ s~ia~~ nof consfitut~ a u~ain~r oj any ri~hls or opfions ime~er sai~ nofe or l~is mo~igage accrue~~ or t{iernajler occruinh. ~n ~itness ~~~0~~ ~/I(• S(II(1 morfqauor II(IS ~tPIP1~?1~0 SIqI1P~ AR~ SP4IPrI tJ~ese presenls ~11P c~ay nt~ y~ar ~irst a~~o~~e toritfen. ~ igr P sea~e an~ ~~~~ir~rnc~ in t~~~ pr~s~nc~e of : ~ ~ C-C - - - - . . . . . - - - - - . . - ~ _ Arthur S. Poarera - - - _ . _ _ - - - _ - . --t~ . . . -t~ ~ - ~ ~ , . _ . . - . . - - . _ . . _ . _ _ STATE OF FLORIDA, ~ CUt'\Tti' OF T?~~~'"~+lll. I 11EREBY CERTIFY that on this day, before me, a~ offi~er clul~• authorized in the Statr aforesaid and in th~ Count~• aforesaid to tak~ acknowledqmenu, p~nonally appeared ~ Arthur S. Powera to me known to ~x the prrson d~scribed in and who eaecuted the for~¢oinq instrument and he acknowkdqed be(orr nm that he ~x~cuted the samt. ~~'I~'`ESS my hand and o((iciai scal in th~• County and Statr last ~aforrsaid this a-1 ~ day of 5~- Q~. A. D. 19 r Y . , , - . - - - ~ ~ Notarq Public F~~ED c ti~ ?=G~;~pcD xy Co~ission Expires : ST.IUr,:- 'pTY FIA. • = :tTR~ ~t r~.;: „ S ~ NO'TARY PUBIIC. S!ate oi Fbrida at larQ~. r L'~J~ Q•,t" y. y Comm~ss~on Expires July 18, 1`~7T ~ ~ ~ y AuTO owncns itisulUW~h Ocr ~ l 4d '7.~'i ti ~ i. ~ _ ;~.`ti • 318t _ `,'=~,o~F,nr~ - _ y ~ vrJ~ ~ : v~ !'l~is ~irslm~u~u~ pn fur~r-d hy: 0 Q ~ A ~ ~ ~ ~ _ BO~JK Y PAGE 5 - U ~ . ; ~~~i~it.ts `l,: . , . ,r ` ~~~it~~ ti~ : s~~` - - - - _ - ..,~.~~--~_f 2 _~:F. Y_ .