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HomeMy WebLinkAbout1237 an~ s1~a~~ p~rform. ~•omp~y a~if~~ an~ n~~ie~e ~y pach an~ PI~PIy t{~e agreemenls. aNpu~allons. condilions and co~~onanls therPO~, nnd o( fhis morff~afle. tl~en Il~is~ mort~a~e and t{~p e:late {~ereby crealet,, sha~~ cease, c~s- IP~IIIIIIP /11t~ Ik /IIIII (111~ 1~01~. Ifn~ I~P murff~a~or ~~~r~~tiy (u?f{~er eoi~e~ianfs anc~ ag~ees b pay promplly whert due ~hp P.~~~~~pal a~d inferes! a?u~ ol~~pr swns o~ n~on~y proi~idc~l jor in saicl note anc~ Ihis morfguge, o~ eifher b pay a~~ anc~ stn~u~ar Itie fa.r~s, assessmNnls, ~evies. ~iahi~iti~s, o~~i{~alions, an~ encum~mnces oJ every nalure on ~aid pro- perly; lo ~rmit. commil or su(fer no ivaste, impairmenf or c~eferioratton o~ said land or fhe improvemenis ih~rncn al any lim~; to ~r~~Pp f~~~ tiui~c~in{~s nou~ or E~ereajt~r on saic~ ~antr ~u~~y insure~ in a sum o~ nof ~ess tRan in n~-om~~any or compani~s ac•c~plaj~~e lo !he morffla~ee, I~~e po~icy or po~icies to 6e held by, ant~ payab~e to, saic~ moA{~a~ee~, anc~ in I~~e e~~Pnf any sum o~ money 6ecomes payab~e tiy virfue oJ suck insurance fhe mortga~ee sl~all l~ai~~ Ihe ri~h1 to r~ceinp and apply Ihe sdme to Ihe inde.6tedness here6y sacured, aceou~ting - fo fhp ~~orfga~or Jo~ n~~y 5~~.~I~~s: fo pay a~~ rnsfs, C~AfpPS, anc~ expenses, including ~awyer's (ePS and fif~e sea?~~~s, reasonnf~~y incurr~ or paicr hy fhe mortgac~ee tiecause of f{~e ~ai~ure oJ fhe morlgapor fo prompl~y ancr ~ully comply u~ifl~ ll~e aflreemenfs, stipu~ations, con~itions an~ coi~enants o~ saic~ note anc~ ihis morfgage. or eit~~er, fo perjorm, comply toill~ an~I aF~irle 6y ~a~h anc~ every t~ie agreemenfs, slipu~ations, conc~ilions and corennnfs set fortl~ in said note and this mo?lgage or eitl~er. In tF~e event !he morfgagor fails to pay when . dup a~~y ~ar, assessmenf. insurance premium or ofher sum o~ mor~ey paya6le by virlue oJ saic~ note an~ t~is mort~nE~p. or eil~~er, 1~~e morf~a~~e may pay Ihe same, u?ilhout waivin{~ or ajjectinfl fhe opfion Ic forec~ose or anp ol{~~r rit~hf her~under, ~n~1 all suc{~ payments shall E~ear interesf Jrom date tF~ereof at Ihe liigl~est law- (u~ ?AIP Ili~n allotned 6y fl~e ~~u~s o~ tl~e $falP o~ F~orida. ~l any sum oJ mon~y I~rrein re(prr~c~ to {~p not prompt~y paicr within 3~ ~ays next n~ler f1~P same 6pc-omes due, or i( eac•1~ and erery 1{~e agreempnls, stipulations, con~itions and rnnenants of saic~ nofe anc~ f{~is mortga~~. or ~il~ier, ar~ not ~ully perJormed, complied with and a6ided by, lhen Ihe enfire sum mentionpd in said note, and t~is morlflage, or thp entire ~alnnce unpaid tl~ereon, shall ~ort{~witl? or thereaJfer, ~t t~~e option oJ fhp mort~ac~~~. 6pcome and 6p due ancl paya6le, anyl~ing in sai~ nole or tierein fo f~e t'antmry nofu~ithslandinc~. Failurn bv f{~e morlgagep fo pxercise any oJ fhe rig~ts or options tierein pro~~i~c~ stia~~ not ~nsfilut~ a ivaii~er oj ~ny rin~ts or opfionc uncler sai~ note o? ftiis mortgage accrup~ or t~+erc•a~t~r ai~t-rt~ing. ~n ~itness ~~QrQ~I~ tl~~~ sni~ morigac~or I~as l~Prnunlo sictn~I ancl sPale~ fl~ese presenls Ihe uy an~~ yenr Jinf a~ore~ ~vriflen. ,/1 ~ ~ a . . s ~t~ ana Ii~~~rntJ in f{~~ pres~nrP o~: . ~G1~~~" .r _ . - - - - . 4..: - - - - - ~ L l~thur S . PoWers ~ - - - - ~ - - - I •Ki::ti~~Y~f A, - ' - ~ - - - - - - - - - - ....F1~6p--" C3~1!i1--- - --ii~ ' - S~ UC[~,., ~~~~1R-~~At-- i ac~r ; ;~s ~ . ~ ~ ~ - - - - - - ~ - - - ~ . . - ~s: ~n.~_,s'.:.T~ ~ a~~c..~ y~ ~ 4~;~,.~5 . ~ ~ ~ D~t 3 ~ ~ 318?.55 - ~ STATE OF FLnRIDA, ' ~ ! ~ COL'\TY OF IYL0.r~t~n.. I}iEREBY CERTIFY that on this day, betore me~ an ~ officer dul~• authorized in the Stat~ afor~said and in the County atoresaid to tak~ acknowledgmenu~ penonaUy appeared ~ Arthur S. Powers to m~• known to be the person described in and who exrcutrd the (ore¢oinq insuument and he acknowi~dged befor~ ~n~ that he ~xccuted the same_ ~~'1'1'\ESS mq hand and official seal in thc• (:uunty and Stat~• last afor~said this ZCi ~ day o( A. D. 19' ~ , ? - ~ ~ . _ - - - _ ~ Notary Public ~ ~ ' My Commiasion ExpireF~naa ~ u~ . y';~ NOTAR1f PUBLIC. State of l8~ ~Y7i ti fj MY ~ommission Expres July ~ ~r ~~OxAUTOOWMEa51NlUIIAMGL, ~ ~ ` ~~'~~'••Q~~ r : ; = T' `~-~.7~ : - p , _ ~ U3 L1 G r ' . r, ••...r•. ,~t !%rr /ris~nimr-~r~ prrP~~n•J by: ~ 8ooK24~ P~~E~.238 ~ , ~,~~~n ~ , ~ _ ~ . _ - - - . ~ -J `73 p~~E~4~~...s~,nC K;v_~' _ . . . ~...d. _ . . . . " _T~^w,.`x`q,r+*`.~?°~