HomeMy WebLinkAbout0448 and shall p~r~orm. ~-umply u~i1h and ahlde 6y each and enery tl~e agreementi, stlpulolto?ia, condtlto~s wul '
coi~enants Ihereof, and oJ Il~is morlgape, t~en t{~is martgage and fhe eatat~ I~eroby cn?ated, shall ceass, d~-
fprmine antr ~>e nu~~ antr t~i~.
Tin~ 1~~p moriga~or ~~en•hy ~url~er co~~enanlt ond agrees to pay promplly wl~en due tl~e prlncipal nnd
inlerc•sl an~ ol~p~ sums o~ mon~y pro~~iclc~I ~or in sat~ nofe and ftiis mortgage. or eliF~e~: lo pay a~~ and
stnflu~ar fhe fa.r~s, assessmP~ls, ~enies, ~tatif~ilies, ob~if~ations, anc~ encumbrancei o( every nafure on ~aid pro-
perfy: fo ~?miL rommif or suf
Jer no wasfe. impai~ment or detpriorafion oJ snic~ ~and or the ienprouemenit
Iherec~~ ot any Iim~?: to IreFp thp 6uildin~~s nou? or hPrna~t~r on ~aid land /ully ins~tre~ 1n a aun~ oJ not leu
fhan nil
in a company or compani~s ACM~>IQ6~P fo Ihe mortgapee, fhe po~icy or po~tcies to 6e heW 6y, and paya6l~
fo, sat~ morfgapee. anc~ in the ~vent any sum o~ money ~iecomes paya6le 6y virlue o~ aucti inswance lke
morlgagee shaU I~ave the rigf~t to rec-eive and npply the snme to ll~e indebfedness here6y aecured, ac~counting
to Ihe morlgagor ~or nny s~irplus; fo pay a~~ costs, c~arges, und expensea. tnc~uding ~awyer i Jees anc~ Nf~e
searc~PS, rpasona6~y iruurre~~ or ~a~d 6y ~hp mortgagee 6ec~awe o( the ~at~ure of tl~e morfgagor to pro?npt~y
anc~ ~u~~v comp~y u+iif~ If~e agreerne?ifs, sfipu~afIons, condittons and coi~enants o~ auid note and Ibis morlgage.
or eit~e~; fo per~o?m. romply u•tth and a61de 6y each and eoery ttie agreemenfs, sfipu~ations, rnndifions nnd
coi~enanta sef fo?If~ in saic~ nofe anc~ thts morlgage or eil~er. /n the event f~e morfgagor Jat4 to ~y w~en
due any tax, assessmenl, insura?ice premium or other sum o) money pnyable 6y vtrtue o/ said note nnd tl~~s
morf~uge, or eiff~er, f{~e morfgagee may pay the same, without waiving or a~lecting ihe optton to forec~oae
or any olher ripht hpr~under, and all such paymenls shall 6ear internst Jrom date Il~ereoJ at Ihe highest law-
(ul rate Ihen alloirecl by t1~e laws o/ thn Sfate oj Flo?ida.
any sum oj mon~Y ~~prein re(erre~ lo {~e not prompt~y pait~ wilhin thirty. days next n~ler
thp same bPCOmes clue, or i f eac{~ and ~very ll~e ag~eemnnfs, stipu~ations, conditions ane~ covennnts o( sait~
note and this morfga4~P, or nither, are not )u~ly per/ormed, complied wit~ and a6~dpd 6y, t/~en the entire
sum menlionec~ in sai~ note, anc~ t{~is mortgagp, or f~e enlire ba~n?tce unpaid f~er+eo~, shnll Jor!?~witlt or
ehereaJtpr, at Il~e oplion o( II~p morlga~ee, become and be due and paya6le, anything tn said note or hQrein
to ftic~ confrary nolivithstanding_ Failure 6y ftie morfgagee to exercise any o~ the righfs or optlons ~erein
proric~~c~ shall nol conslifuf~ a u~aii~Pr o~ any rig{~fs or opfions under saia nofe or this mortgape accruec~ or
I~P~PAjt~r ~rcruin~. .
~n ~itness ~hereof~ f~~e sai~ mortgayor ~~nc hPrnunto signe~ nn<I spaled fhese presents I~e
~oy an~I year ~irst ntio~~e u~rilfen.
Signed, si~alPd and d~linrretl in th~ prns~nrP o/:
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~ ~ - RG . TALBOT, JR.
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~ STATE OF FL(1RIDA, ; ~ ~ ' \J2~.r-r
C(ll'1TY OF v . ~
~ ~„f"iLG1~ - ~ 1 HEREBY CERTIFY ehat on this day, be(orc me~ an
~ officer duh• authori~~d in th~ Statr alor~said and in the County aforesaid to tak~ acknowledqm~nts, p~rsonaUy appeared
a
R !
~ ~ GEORGE E. TALBOT, JR.
~ to mc known to hc the pcrson dcscribed in aod who ez~cut~d th~ for~goinq instrument and wh0 atknowkdged
x I~efor~ me that '"'~"i~~ "
~ tle ~aecuted the same. -
~ + f ~~f
~~~I7~iESS my hand and o(ficial seal in the County and Stat~• last aforesaid this ~~I~~ "'da~"~,,~'
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r ~ l~,~~~iC/ `~~/P ` A_ D. 19 79 • _ ' • ..i ~ _
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' - ' My commission expires: g~ ~
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