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HomeMy WebLinkAbout0512 and ~ItaII per(orm, cv~mply u~ifh and a6ide 6r earl~ ancl enery tf~e agreeme~ifx, s!lpulnttorii, condtlio~u nnd cooenants (hPfPO~, and oJ fhis mort~a~e, ihen tl?ts m~xtpnqe and tl?e estate herebr c?eated, iholl ceaas, d~- termine 0/1~ 6P nul~ and noid. ~ . ~ Ii~ !~p mortga~or hen•~y f urther covennhls and agreea fo {wy prompf~y w{~en due !he principnl and i interesl anc~ ol{ier sums of money pro~~ic~ec~ jor in aatd note and I~ta mo~tgagb, or ellher: !o pay a~~ und alnflu~ar fhe fa.res, assessmenfs. ~euiea, ~iabi~ities, o6~i8afions, and encumbmncer o~ every nafure on snid pro- prrfy; fo pe?mil. commit or sul~er no W(IJ~R, impatrmenl o~ deferioration o~ said ~and o? t~e improvements lhrrecn a! nny time; 10 ~PPP ihP 6uildings nou? or herea f t~r on saed land f ully insured in a swn o/ no! less ttinn in a rnmpany or companies acceptab~e b ftie mortgaflee, fhe po~icy o~ poltcies to 6e held 6y, and payn5~e to. said morfpaqee, ancl i~ the event any sum o/ money 6ecomes ~,ya6l~ 6y virtue oJ such insurance tl~ mortgagee shall I~ave t~e rig~1 to receive ond apply the same to !he Inde6tedness hereby secured, aceounting fo !he mortgagor ~or any siup~us: fo pay a~~ cosfs, charges, and expensea, i~c~uaing ~awyer~: fees and til~e senrches, reasona6ly rn~unpd or ~~d 6y ~h~ mortgagee 6ecaute o~ t1~e /ailw~e o/ the mortgagor to promptlr and jully comply u~ith tl~e agreemenl.s, stipulntiona, conditions and covenantt o/ said note nnd lhis mo?t9a~~, or etther; to perJorm, comply wi~k ond a6ide by each and e~ery Ihe agreements, stipulafloru, rnnditions and rnnenants set Jorib in said note and this mortgage o~ eifher. ln the event tl~e mortgago~ ~ail.s to pay when due ony tax, assessment, insurance premium or othe~ sum o/ money paya6le 6y virtue oJ suid note ~d eh~ mortgage. or eitf~er, the morlgagee ??~ay pay ~?~e snme, witf~oui waiving or af fecling ff~e oplion to ~o?eclose or nny olher rigl~t I~ereuncler, and all such paymenta ~hall 6ear interest /rom dnte tf~ereoJ at the I~igheai law- (ul rafe Ihen allotue~l by fF~p lau~s o~ the State o/ Florida. Dl anv sum of monpy herein re(erred to be not Fromplly paid wittiin thlity daya next a~ter II~e same 6ecomes due, or i( encl~ and every the agreements, stipu~ations, rnnc~itions and rnuenants of snid note nnd fhis mortga~e, or eill~er, are not ~ully perJornted, complied u~itk and o6~ded 6y, then the entire sum mentioned in said note, and Il~is morlgage, or the entir~e 6alance unpnid thereon, shnll (ortl~with or therea(te~, at the op~ion oJ t{~e mortgagee. 6ecome and be due and paya6le, anqthing in said note or herein to t~e confm~ notu~itlistanding. Failure 6y the morfgagee fo exercise nny of the rig~fa o~ options herein pmvic~ed s~a~~ nof consfitufe a u~ainer o( nny rig~ts or options un~er snic~ note or f~is morfgnge nccrued or t~ereaJter accruing. ~~~~11~ ~~Ol, ehp said mortgagor has hereunto signed nnd sealed lhese presentt the t~ny and year (irst a6ove u~ritfen. Signed, sealed and delinerecl in t6e presFnce o): - ~ - - - - ~ - - - ROB T L STOKES --,-,--Q . . . ~ • - SALLY~~A~ ~~°~"KES ' - i ~ i i . STATE OF FIARIDA, ~ ~ - ~ ~ courrr~r oF 5 T, L ~~Gi ~ I HEREBY CERTIFY chac oa thu dar. before me~ an ! ofGcer duly authorized in the State a(oreuid and in the County aforewd to take acknowledamenb~ penoaaUy appeued ~ ~ ROBERT L. STOKES and SI~LLY A. STOKES, his wife ~ to me known to be the penon S descnbed in and who executed the (oregoing i~utru~?ent aad ~„~jlp ackaoMrledsed ~ belae rne ehac they ~ecoted the same. ~ WI1'NESS my ha~d and ofGcial aeal in ehe Couaty and State lut Jore~aid this / 7 Th dar of 5 March A. D. 19 76. ~ ~ ~ . _.7V - c ~ y ary Public < FIiF`J R!?~ ~ = ST LUCEi ;,'1t1MTY FE~ ' ~O.r•== ~~~,~Rac A My commission expires: ~ R~ r~~ ~f F.;:::lt~ LCURT ~ E F':.. ~ N~TARY PUBLK STATf Of F;~21DA A! { oRGF I~ 2~s P H ~ 7 6 MVCOMl1AlS5lON EXPI8E5 NOV. S. 197! eOt~iD~C iHRU GENERM I N S U R A( v C E U t v J E R ti v R i T E l i t ~ ~ . ; ~utJ~~~'i~ ~ ~ . • ~ ~ . ~ ' ~ ~ - . • a~ a -r. : . - ~ " - t z~~ r,w,~~ by: - - ~ ' ; - - ~ Adrliid~ ~ t ~ . . ~ ~ r ~ ~O PAGf ~ ~ ~ ~ ~X ~ ~ ~ ~ ~ , F ' . ~ y=-°~,~ ~ ~ ~ ~ _ _ . _