HomeMy WebLinkAbout0130 ~n~ slinll perJorm, romp~y u~i1h ~nd abide 6y ench anc~ e~~e?y t~e ag?eements, s1lpu~attons, co~t~itions and
coi~euanfs ~h~?~o(, nnd of this mo?fgnpe. Ihen this mwlgade and the estate he.p6y crea?ecl, sl~all cease, de- -
f~rmine antl Ixr nu~~ on~~ voi~~. -
~ ~nd l~~e mo?tfla~or hen+{~y f u~lher couenanfs and ag?c?es Io pay p~omptly when due thP principal and ~
infe?esl anc~ ofher sums o~ money pro~~ided jor in said note and Ihis mortga{~e, or etther; to pay all and
singulur f~e IA1CP3, ASSFSS?APf1IS, ~evies, ~ia~i~ifies, ob~igafions, and rncum~roncea o( e~ery nature on aaid pro- E
delerioration o said land or lhe ~m rovemenb Z
perty; to permil, commif o~ suf
~p~ na u~aste, impairment or ~ p
thPrecn at any lim~: !o k~rp ftiP hui~~Iinns nou~ or tiere~a~f~r o?i ~ald lanc~ ~~:IIy insure~ in a sum o~ not ~ess
~haR ~
- in a company or companies accPpta~~e to the morl~a~~ee, fhp po~icy o~ po~tcies to 6e held 6y, and paya6le
to. said mortga,q~, an~ in f{~e event a?ty sum money becomes paya6le 6y virfue o~ such insurance fhe
morlgagee sl~all ha~~e Ihe riflhl to ~eceii~e and opply Ihe same to !he Inde6tedness here6y secured, accounting
to fhe mortga~or ~or anq surl,~us; to pay al~ oosts, cha~es, anc~ expenses, inc~ucrtng ~awyer's ~ees anej fif~e
, searrhes, reasona6ly i?tcurred or ~~n~d 6y ~hp mortgaflee becausp o~ f/~e ~ai~ure o/ the morlgago~ fo prompt~y
anc~ ~i~Ily comply wilti f~~e agrpemenis, stipu~ations, concrifions and co~+enanis oj said note and this mo~tgage.
ar eill~er: lo perjorm, comply u~ith and a6ide by earh and e~ery itie agreemenfs, sfipu~a!ions, condiliont nnd
couenants set ~osif~ in said nute antl this morfgage or eithe~. 1n !he event !he mortgagor ~ni1a to puy wl~en
due any tqx, tt.is°ssment, in~uranco premium or ofl~er sum o/ money pnya6[~ 6y virtue o) said nofe and this
mortgnge, or eif{~pr, itie mortgngen may pay the same, withouf u~niuing or af~ecting fhe option !o ~orec~oss
or any other right hereunder, and all such pnyments shall 6ear interesf ~rom ~QIP tl~ereoj at t{~e highest Ia~u~
-(u~ rnte 1{~en al~owed 6y 11ie la~us oJ l/ee State o( Florida.
~l any sum of mon~y {~erein re~errecl to he not promptly paid wit~in v0 days nexi a~fer
Ihe same bec-omes due, or iJ eacl~ and every tF~e agreements, sfipulations, conditions and covenanls o~ said
nate and this mortgnf~P, ~ or eitf~er, are not jully perJor?ned, complied witl~ and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or th e entire 6alance unpaid tl~ereo~, shall (ortl~wi~h or
f~ereaJfer, af t~e option o~ !he morigagee, become ane~ be c~ue and ~ya6l~, anyltiing in soid note or ~erein
to I~ie confrary nofu~ifhstancling. F'ai~ure by !~e morlgagee to exe~+Cise any oJ ftie rig{~ts or opfions ~eretn
pro~ided s{ia~~ nof consfifute n wai~~er o~ any..rtg~ts or options wtc(er saic~ nofp or this morfgnge accruc~ or
1{~erpa~l~r accruint~. ~
~n ~itness t~e said mort~ngor has F~ereunto signecl and sealed lF~ese presents Ihe
clay an~~ yc~ar jirst_ n~~oi~e u~rill~n.
$ignecr. ea~ecr ancr clBI/1~PrP~ in f~e presence o~c ~
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4 STATE OF FLORIDA,
CnL\TY (~F $'t• L11C~.A~
I HEREBY CERTIFY that on this day~ before me, an
of(i~er duly authorized in the 5tat~ aforesaid and in the Count~• aforesaid :e tak~ acknowkdqmcnu~ pertonally appeared
Kenr~eth A. Baldwin and Narncy L. Baldein
~ to me known to b~ the pcrsons deuribed in and who exccut~d the for~qoinq instrument and acknowkdged
~ beforc me that th~ ~xccuted the same. . L/ ~
~ ~~'17'\ESS my hand and o((icial sral in thr County and Stat~• last aforesaid this /'r ' day o(
~7/j i ~ A. D. 19 ~d' _ - - - -
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