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HomeMy WebLinkAbout0748 ; and shall pdr~orm, comply u~i1h a~d abtde 6y ench and e~~ery fl~s agreementa, attpulalions, condtttorur and covenant: Ihereo/, and o~ fhis mortgage, fhen this mwlgage and Ihe eslafe I~ere6y c?Pated, sha~l cease, de- termine nnd be null and votd. 71n~ ftiP morfgapo~ tier~~tiy (u~lhe? co~enanls and agree~ to pay pro~npily when ~ue ihe pR~~~tpa! and interest and ofher suma o~ money provided f or in said note and thia mortgage, or r!l6~v; tu ~wy al~ and sirtflu~ar fhe Inxes, q:sessmenfs, ~eviea. ~tabi~iftes, ob~igafions, anc~ encumbrancea of et~ery nnture on =aI~I pro- ~ perly: fa pe?mil, c~ommi! o~ auJ~er no waste, impairmenf or ~{eferioration o~ said Ianc~ w ftie improvemenfs tl~p?run nf nny Iime; to keep ttie buildinga now or 6erpa/ter on ~aid Iand Jully insurrtl in a sum o~ not less ttian in a company o~ companies accepta6je to t~e mortgagee, Ihe po~tcy or po~tciea to be 6eld by, ~d ~ya6f~ fo, said mortga~ee, and in t1~~? event any sum of money beeomea ~xiya6t~ 6y virtue o/ such insurnnct the morlgagee shall have the Hght to recetve and apply tl~e same to tl~e inde6tedness here6y secured, acc~ounling fo t~e mortgagor ~or any ~urplus: lo pay n~~ catts, charges, and expenses, inc~uding ~awyers ~ees and tif~e senrcties. rpasonn6ly Incurred or paid by tl~e mor~$agee because of !tie ~ai~ure o( fhe mortgdgor to prompl~y an~ ~~illy comply wilti t{~e agreemenls, stipu~aftons, conc~ittona anc~ eovenanfs o~ said note and tl~is mors~nee. or pit{~er: to perform, camply witl~ and a6ide by eacl~ nnd every Ihe agree?nents, stipu~afions, conditions and conennnts set /ortl~ in said note ~d th~s mortgage or eilher. ln tl~e event Ihe mortgagor ~ails to pay when due any fax, assessment. inswance premium or of~er sum o~ money paya6le 6y viMue o~ said note and ~h~ morfflage, or either, if~e mortgagee may pay ttie same, wif~out watuing or a(~ecting !~e opt[on to {orec~o~e or any other ri~h! F~erpunder, antl a~l su~ payments sl~all 6ea~ inte~est /rom tlate tl~ereo~ at !he l~igF?esl ~au~- ~ul rate then. allou~ed by 1f~e lau.s oJ Ihr Staie of Floricla. any sum o~ money ~erein re(eRed to be nof promptly pnid wiltiin days nexf a(ter the same becomes ~Iue, or iJ eac1~ and euery the agreements, slipulations. conditioru and roe~Pnants oF inid note an~ this mortyage. or eil~er, are not /ul~y perEorntetj, compliecl tuit~ •and ahe~~ tiy. then 1~e enlire sum mentioned in snid note, and this mwlgage, or tlte entir~e balance unpnid therPUn, s1:all forthu?ith or therea(ter, at the oplion o~ t?~e morlgagcee. 6ecome and be duP and payoble, nnytl~ing in said note or herein fo f~e conlrary notwit~standing. Fai~ure by the morfgagee to exercise any of !he rig~is or options ~eresn pronided sl~a~~ not consfitufe a u+aiuer oj anq rigl~ts or options und¢r aaid note or fhis ?nortgag..• accrued ar t{~ereajl~r actruing. ~n ~itness ~hereof~ the said mortqagor has I~ereunto si,qnecl ond sPalpd these presents tl~e c~ay anc~ y•nr Jirsf ahove written. - Signed. sealed and cleli~~eretl in he We nco of : ~ ' , ~ ~G~ v - ' - - ~ - - - - - - . . : ; • ' - .fG~- . - c,,,.,(~.2-~--- - - . . . . - I .:l/ ~f - - - _ . ~ - - - - - 0..~~.a.~-~.~,...~ ' - ~~J. I - . . - - - - . STATE OF FLOR;ilA. ' ~ COUNTY OF ST. 7~t3C,IE I HEREBY CERTIFY that on this day, beforc me~ an officer duly authorized in the Stat~ aforesaid and in the County aforesaid to takr acknowledQments, personally appeared ~ DONAIa E. RAIIIEISCN and BF~NDA J. RAUIERSCN, hi.s wife to me known to be the person g described in and who executed the (otegoing inserument and ~:=lir~knowledged before me that executed the same. rl ~ WIT`ESS my hand and official seal in the Countr and Swte last afor~said this J~~,~~~ ~~'~,~ar o( ~ I .7~Lk'~Yy A. D. 19 ~IG ; • . . - ~ ~ ; ;.~.7 ,,,~t ~7~ - , ~ ~ ~Np qECORftA . _L~L.L.._...y.. _ 1[~~R~~~ • : ~ ST~~~+i[ C'vUM?Y ' ~ P~I.IC .STi~i . ~A.= r _ ; r 1TR~S ? tr, ~ i ~ k~v~a 0 t'~ AT • ~ CLE~.r ~,,CW1 C~UA - '~•''••t,•'',~~~ ~ ~ Pc~pR^ vti:t=:Ea.~+~'~~ k,,; , , ~jl ~y"~ `'~~y* ~ ~ pN,~6 ~..s ~:_Y,,.,~,~+ ~ ~y i 30 ~'~'41 I'~ QORL[LLSSiQI Ei{~lY~S: e~.:,_:: .:,~t;.~ L-£_ ~~~r c:~. ~ .u.,.~.. - . ~ ~ 32~242 ~ ~ `~r"~ ~4S PACE 7~ - I7~is L~rtn~mc~~1 prrpmrr~ Gy: ~ l~~~i~R'SJ ~ ~ TH~S ~NfrTRUMENT PREPARED BY CMARLES ~t- P. BROWN ~ " n^ flo!c t419 • 30f 6- srn ST. ! - ~ - -c.~~ „ _ , ~ _ : . :'i - . _ . ~ " ~~~.~~`'r_-~:r t.._ _ , . . _,:":r ~ ~ a