HomeMy WebLinkAbout2877 and shall perform, comply with and abide 6y PO~'h and et+ery !hs agreemerts, alipulalioris, conditions and
cot+enanls !hereof , and of this murtgape, then this mortgage and the estots hereby created, shall cease, de-
fermins and be null and twirl.
end flip mortgagor hp?t+by f wlhe. eovpltaltls and agrees to pay promptly when due the principal and i
irtlerpsl and other sums of money provided for to said note and this mortgage, or either; to pay all and
singular the farpa. asspssmenfs, levies. liabililips, obligafioru. and encumbrances of every nature on said pro-
perly; fo permit. commit or suffer rto waste, Impairment or dele?iorotion of said land or the improvements ~
Ihprrcn at a?ty limp; to lrPPp the btrildings now or hereof fe? on said land fully insured in a sum of not less
Ihan the highest insurable value i
in a company or companies acceptable fo the mortgagee, the policy or policies fo be held by, and payable
fo, said mortgagee, and in flip et+ent any sum of money bet Omea payable by virtue of such insurance the }
mortgagee shall have the right to receive and apply the same to the tnde6fedness hereby sectued, accounting '
fo fhr mortgagor for any surplus: fo pay all costs. charges, and expenses, Including lawyer s fees and title
searches. reasonably incurred or paid 6y the mortgagee berntup of the failure of the mortgagor to promptly i
and fully rnmply with the agreements, slipulntiona, conditions and covenants of said Hole and this mortgage.
or either: fo perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and flits mortgage or either. In the pvenf the mortgagor fails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this ~
mortgage, or .either, flip mortgagee may pay the snore, wilhottl waiving or affecting ilia option fo foreclose i
or any other riAhf hP?Pt1ndP1, and all such payments shop bear interest from date thereof nt the highest lnw-
f ul rate Ihpn allowed by slip Taus of the Slate of Florida.
d day: next a ter
any sum of money herein referred to 6e not promptly poi within 15 f ~
!hp same becomes due, or if each and every the agreements, stipulations. conditions and cot+enants of said
note and Ibis mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned to said note, and ibis mortgage. or the entire 6nlance unpaid thereon, shall forthwith or
thereof ter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary nofwilhslanding. f'ailurp by the mortgagee to exercise any of the rights or options herein
prof+id'ed shall not cortsfittlte n waiver of any rights or options under said note or this mortgage ncc?ued or '
f barns f ter accruing.
~n ~ttlleSS heebo r the said mortgagor has hereunto signed and sealed these presents the ;
day and year first above u+rilten.
. seal a iv ed to prnse a of : j
. J ~ JOH S ~ ,
S DNEY L. J NON
~ t
i
! t
{
.STATE OF FLO IDA, ~
~ COUNTY O~L~~GL(•(/t/
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmrnu, personally appeared
JAMES F. JOHNSON tti SIDNEY L. JOHNSON his wife
to me known to be the person described in and who executed the (orrgoinq instrument and they acknowledged
before me that theytxccuted the ume.
N'I'I~IVESS my hand and official seal in the County and State last aforesaid this , yrq~ t
~.,r~. ---'4, i
..Sr'~
February A. D. 19 79 ' ~ _
No to y Pub ~
43`7033 . .
.
v:)' ~?y P•.A! 'C STAtf fx F'IORIDA AT IARGE :
~ M+ CC,IV.v.t': `O?, Ex~tRES fF8 ?8 1982
44
~ ' ! 9 ? , . _ ~ ~ p,! 3 iXr,,;, ..,x,. ;,.'~:w~l . ti::CiRirRl TERS
f
_ ~ !
lhif liulruntntl prepared by: LAWYER TITLE INSURANCE CORPORATIOtJ
Addis CiIERYL S. MILLER BURK JU~ .4CE~U~~
P. 0. BOx 3845
Farr Pi~rrp, Fla. 'I't/+Sn
~
F.._ . .