HomeMy WebLinkAbout0725 an~ s{~a~~ per(orm. ~-omp~y u~ilh a?ic~ a6i~e 6y c~ch and every t{~e agreomenf~, sltpu~afion's, conc~ilton~ nnd
coi~enanfs thereo~. artcl o~ Ihts mo?I~aAe, thPn Il~is mwtgage and Ih~ ~~tate herebr creatpd. s1~all cease. de- ' ~
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IPIIIIIIIP Q11~ ~ 11U« QII~ t~l~.
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n~ fhP morl{~anor ~~en•6y (url{~er covennnla and ugrees to pay promplly when dus fl~e princlpal and
inle?esl an~ ulher sums o~ money provic~ec~ ~or ln sai~ note and ~ha mortgage, or eil~er; fo poy u~~ and
singular IF~e taxPS, aasPSSments, leutns, liabililies, obligaliona. and encumbnances oj every nnture on satd pro-
perly: fo permiL commif or suf~er ?ro waetP, tmpairmenf or creferioralion oJ said ~and w ftie tmprovemenfs ~
the~rcn af anv time: to ~PPn I~P hutldinns nou~ o~ I~pr~a(1er on said Innd (ully insured in a:um o/ not les~ ~
fhan NONE
in a c•ompnny or companies accrptable lo Ihe morigagee, ihe poltcy or pollcies to 6e held 6y, and payu6le
to, aaid morl~aA~e, and in tF~P ~vent any sum o~ money 6ecomes paya6le 6y vi~tue o( auch insurance tl~e
mortgapee sholl hai~e the ri~ht fo receii~e and apply Ihe same to the lnde6tedness here6y secured, accounting
fo Ihe mo~tga~or ~or any surpl~u: to pay a~~ costs, charges, and expenset, including ~awyers ~eea and tltk
searrties, reosonn~~~y incune~ o~ Na~d 6y ~hp mo~fgagee because oj ftie. jai~ure o~ t~e mortgagor fo promptly
and Jully romply u~i11~ Ihe ag~eempnfs, stipulafions, conditions nnd rnvenunta o/ said note and thia rriortgage,
or eil/?er: to perJorm, comp~y witl~ and u6ide 6y eac1~ nntl euery Itie agreemenfs, sfipu~altont, conditlons and
conenanls sef jortti in said nofe anc~ this morfgage or eiltier. /n lhe evenf !he mortgngor rai~s to pay u~~en
due any lax, assessm~nt, insuran~e premium or otf~er sum o~ money pnya6le 6y virtue o( saic~ nole and tliis
mortgage, or eil{~pr, thP ma?lgayee may pay ftie same, wtthout woiving or a((ecfing fhe option !o ~orec~ose
or any o~lier ri~h! herPUndpr, and all such paymenl: shall beur interesf (rom dnte fhereo( at the highesl law-
(ul rate Il~en al~au~ed 6y 1{~e lau,s o~ Ihe Sfafe o) Flori~a.
any sum oJ morteY ~~erein re(prre~ lo he not prompl~y paid wiltiin thirty dnys next a~fer
tl~e sam~ beromes di~e, or i( eacf~ and ei~ery the agreements, stipu~afio?u. condilions and covennnls of snic~
note and tf~is morigac~p. or PII~P~, are nol ~ully perJormetr. complied witl~ and a6tdpd 6y, then t{te entire
sum menfioned in said nole, and Ihis morfgage, or the entire ba~nm-e unpnid ti~ereon, shal~ fortl~witl? or
fl~ereafter, at th~ opfion of the mort~agee. become and 6e? due and payable, anyll~ing in saicl note or {~erein
lo f~e conlrary nofu~iltisf~nding. Failu~e hy f~e morlgagee to exercise any o~ t{~e righis or optiont ~erein
proi~ic~ed s{~a~~ not corisfifuf~ a iraii~er o~ any righfs or options unc~Pr saic~ notp o~ IRis morfguge accrued or
l{~erea~ter ~rcruinn.
Dn ~l~LIIGIs ~hereof~ 1{~p sai~ morlqn,yor ~ns I1PtP11f1I0 signed and s~alPd these presenls fhe
t~ay anc~ y~ar jirst atior~ tnriften.
Signec~.,s~a~v~~ an~ ~~~i~rec~ in t~~p pr~s~ncp o~:
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` I STATE C)F FLORIDA, ~
' LUCIE ~
~ c~c;~-rv c~F ST.
I NEREBY CERTIFY that oo this day, bcforc me, an
offi~er duly authoriz~d in the State afor~said and in the County aforesaid to tak~ acknowledqments, penonally appeated
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~ Henry H. Clayton, a single adult,
~ to m~• know~n to tx the• p•rson described in and who eaecut~d thc (oreqoinq instrument and he acknowledged
fxfor~ rrrr that he ~xccuted the sam~. y~
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~~'IT\ESS m~• hand and o((icial sral in th~• Countq and Statr last a(or~said this day of
March A. D. i9 79 -
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- ~ ~ ~ , , . ' ~ ~ , NOTARY P~LIC , State of F c~•. ~ r
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- at Large . :,r_ = ;t ~
My commission expires: : ~ ~
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