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HomeMy WebLinkAbout0555 an~ shnll p~rjorm. ~~omply u~ilh and nbi~e 6y eacl~ o~id PI~PIy 1~e Q(~~PBr?tPIIIl, atipubNons, co~ditions and cor~n~ints i{~~r~uJ, an~l uJ tliis /hUII{~A{~P, t1~Pn 11~is mo~t~a~e and tl~e pstate 1?e~e6y create~, a1~a11 cease, ds- IP?mine a~~t~ nu~~ nn~~ ~~oi~~. .~nd 1~~~ mortgn~~or ~~rn•~y ~urll~er COl~P11a?IIS nnt~ ngrnes to pay prompfly when ~ue the prin~•ipal ancl inlPrPSI anr~ olh~r sums o~ mon~•y pro~~irlc~ for in sal~ note ancl fhis morlgage, o~ ett~er: !o pay a~~ nnd sin~uln~ Ihp ta.res. ass~ssm~nfs, j~~ai~s, IfA~flfltPS, oh(i{lationt, anc~ eni-umhran~es o~ evPry nolure on tatd ~nno- ; pe?fy; to permif. ~•onemrf or sre~~ev i~o e~asf~, impairmPnf or ~eierior4leon of sait~ ~anc~ o~ fhe improvemenb ~ I~tPf(N`II (!l (17lY ~IlqP: ~O ~NP/! /'IP ~III~f~lI1f~S /IOU~ Of ~P/Y'OJ~P/' O/I CAI~ ~Ah~ ~II~~y ins~wecl in A SllRl O~ RO~ ~PS! # Ihan highest insurable value cQp of t~1e ` in n i•om~~ny or coml~ani~s ntreplaE~~e lo t~~e mortga~cp. Ihe~/pol~~ o~ polii•ies fo ~~e tie~c~ ~y. a:s~~~ t ~ sai~I murlg.lge~, ~nc~ in f~~p e~~ent any sum o~ money 6ecomes ~ya6l~ 6y vi~tue o~ such insurance !~e L mort~aqpP sholl li~~~p IIIP rin{~t to r~•.-eive an~ apply fhe same to ttie inde6tedness hereby secured, accounting ~ fo f~iP morlya~or ~on any surp~us; lo ~wy n[( cosfs, c~IqI~PS, an~ expensPS, i?icluc~inp lau?yer~s ~PPS ancl lifle # seanh~s, rvosunnlilv incurrecr ur paic~ ~y f~e mor(gapeP hecause oj f~e ~ailur+e o~ !tie niortgagor to prompfJy ancr lu~~y romp~y u~il~ the ac~re~m~nls, sfipurafions, con~Iifions uncl c~oc~enanfs o) sai~ nole oncl Ihis mortgage, ~ a~ pit~~er: fo ppr(orm, comply u~itl~ and a6ide by eacl~ and puery the agreemenfs, stipu~ntions, condifions and ~ cor~nanfe s~f Jorf~i in snic~ nole ana tRis morfgngp or Pifher. In the c~venf the mortgagor ~ai~s !o pay when ~ dup an lax, assessmrnf, insumnc•r % y prQmium or olher sum oJ money paya6le by vtrlue oJ saicl note and this mortgnpe, or PIIIIP~, thp morlc~agee may pay I~e aamn. wifhouf u~airing or aj~ecfing fhe opfion to (orec~ose or any ofl~~r ri~~ht tipr~uncl~r. an~l aIl sucl~ paymenls s{~all 6par interpst (rom date thereof af tl~e 1~igl~est ~aw- (ul mte Il~en allou~ed 6y f{~P la~ns of thP State o( Florida_ ~L cu~v sum o( ?nun~v ~~~rein re(rrr~tl lo he nof promplly pnid wifhin 30 ~ays next n~ter thP snmP b~com~s dup, or iJ eai-h ancl ~i~~ry Ih~ ag~eemPnts, slipulations. con~Iifions and covenanls o~ saic~ note anci ~nis mortf~agv, or n~rn~r, are ~ioi jUlly pr?jurinrii, ~.;:::t~!Fed wilh ancl a6ided 6y. ~f~en Il~e entire ~ sum mehlione~~ in sui~ not~, orul I~is mortgage, or the entere ba~nce unpaic~ I~ereon, s~a~l )oN{~wit~ or I~erea~fer, af tti~ oplion o~ f~~e morfga~~~, F~ec•ome an~ ~e dup and payab[e, anqt~ing in saicr nole or herein fo 1~~ ~ontmry noftvill~stnntlint~. Fnilurn ~,y !{~e morf{~apeP to exercise uny o~ the rights or optlons herrin proricrM~ s/~all no1 ~onstifut~ a u~ai~~~r o~ any rig~fs o~ opfions un~er saic~ nofP or this morfgage accrupe~ or f~~~rna~l~r n~cn~inf~. } ~n ~itness ~~~.~LO{~ /~IP SOI(~ murfgayor ~I(IS f~prPnn~o si<p~Pd nnd s~Ied tl~pse presents ~tiP ~ ~~a~• an~I V~nr ~irsf af~orc~ s~~ritf~n. $it~ni~~. s~~~~~ uur~ ~~~~~i~~rrnr~ in t~~r pr~s~ni•~ o~c ~ . . _ _ . . _ . . . . - - --.--t~? ~ ~ ~ ~ ~ E . . - ON . . . I ..~~L-~G~..) . . " _ . _ o+-.r..,c... . . - - - - - ~ - ~ - - ~ COH:VIE J. COURSEN ~ _ _ . . . _ . _ . _ . . . - I ~ ~ : ~f STATE OF FLORIDA, I (:c)l'\"IY ()f .ST .CuC/t ~ ! I HEREBY CERTIFY that on this day, beEore me, ~n i o(fi~er dul~• authoriz~d in th~ State- aforesaid and in th~ County afor~said to tak~ acknowled_qments, prnonally appeared ~ E. J. WATSON and CONNIE J. COURSEN , tn m~• knu~.n to FN th~• p•rsnn g d~scribed in and who ~a~cut~~d th~ (or~qoine instrumeot andw}l~ acknowledRed ~ I~for~ mc that they~x~~~«d th~ same. f ~~'I7\ESS my h:ind and uffi:ial seal in th~• Count}- and Stat~• last a(onsaid this day o( i ~ June .a. D. t9 78. ~ i ~ Ft! EO ~h~ ?ECT j _ , „ : ' ~L~!Z.If~R.r ~ S rr . ST ~li;'=C,U4 "F:r. . . . , •~j r.r,^. '~~t=~~ NOTARY PUBLIC ,'~v ~ - _ • li.TG~h~,. ~ ~ ~ . _ _ R~ • `L _ : C `L . ~ ( ~ ll S ! H . MTRIf ~e ~ NEU „ ,1 3 : N~wr , ,a s~ t..~ . ' ~ ' Mr O~nrnss?w ~ ~ _ ' s. t 9f t ~ 4U953'7 ~III~ IlIJIflNIIf!!I ~lY'~!1/['[~ !'y: TM~ ~~TRUMENT PREPARED BY: _P~t Neu f ~ ~ A.. =~''^T R TITLE CORP. OF FLA. a~V~~?Vtj ~ ;1~~/rex~ s- p. o. sox 36pe - iOqT P~L.t_' FL(~RfOA 33430 ' _ ~ - ---s~~_ ' ' r ~ ~ . ~ . t - . ~ ~ ~ ~-~s'~'a-~-,~ ~ ' P ~~.'~^~~~~~~r~~~'~ ~~~..~a . ~-~,a= ~ . ~,p Y~~~~ . _ 3-.~:-~ - . ~-~+.ti. . . . r ~