HomeMy WebLinkAbout2182 1
a?td shall perform, comply u,ilh acid abide by Pack and every th. og?eements, stipulation's, conditions and 1
covenants thereof, and of Ihis mortgage, then this mortgage and tits estate hereby c?eatecl, shall nws, de- i
iPrm111P and bP null and void. ~
1
end 1hP mortgagor hereby further eovertnnls and agrees to pay promptly when due the principal and
i?tferrst a?td other sums of money provided for to said note and this mortgage, fN either: to pay all and
singular the faxes, assessments, IPVIPS, liabilities, obligations, and encumbronces of every nature on said pro-
perty: fo permit. commit or st?jjer rto waste, impairment or deterioration of :aid land or the improvements
IhPfrcn of arty IimP: to Pep the F,uildir~gs y~ o? herPajfPr o?t said land fully insured to a sum of not less
than fff::i~:~a-lfat~:~ltit' /~j !
in n company or companies acceptable fo IhP mortgagee, Ilte policy or policies to be held by, and payable i
to, said mortgagee, a?td in the PvPrtf arty sum of money bPCOmes payable by virtue of suck insurance the
mortgagee shall have the right to rPCeioe and apply the snme'to the indebtedness hereby secured, accounting t
fo 1he mortgagor for arty surplus; to pay all costs, charges, and expenses, including lawyers fees and title
t
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply u~ilh the agrePmertls, stipulations, conditions and covenants of said note and Ihis mortgage,
or Pinter; to perform, comply unit?t and abide by each and every the agreements, stipulationu, conditions and
conPnanls set forth in said note and this mortgage or either. 1n the event the mortgagor (ails fo pay when
due arty fax, assessment, insurance premium or other sum of money payable by virtue o/ said note and this
mortgage, or Piflter, the mortgagee may pay the some, without waiving or affecting the option to foreclose
or any other right herPtf?tder, and all such payments shall bear interest from dale thereof of the highest law-
f ul mte Wren allowed by the loos of fhP State of Florida.
Jl any sum of money ItPrein referred fo be not promptly paid within 30 days next after
the ~amP becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, a?td this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the option of the mortgagee, bPCOme and be due and payable, anything in said note or herein
to the contrary notu~ithstartding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitfftP a u~aivP? of arty rights or options under said note or Ihis mortgage accrued or
thereafter accruing.
~n ~itneSS thereof, the said mortryayor bas IterPUnfo signed and sealed these presents the
day and year first abol•P fvriflPn.
Slg? Pd, Sealed alld dP11f~PrPd In the pr'PSPIICP Of
~,~f MICHAEL SHELLEN
i i
1
j STATE OF FLORIDA,
COC\TY OF s
i I HEREBY CERTIFY that on this day, before me, an
` officer dul}• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
i
MICHAEL SHELLEN
i
to me known to be the person described in and who executed the foregoing instrument and fu*. wled ed
Ix~forr me that he executed the same. ~
Wiz \ESS my hand and official seal in the County and State last aforesaid this z~~' ~f
D. 1979 ~
r- U ' ` •
V 1
. ~
. .
i
il!':G ahG 4[cu;tLEt) NOTARY PUBLIC
s ROGER
r'COITRAS~ }
CIEttIS CIRCtr? CCCtiYJ~ `
Ri.CGRJ :EP.t-r ~'_1 MY COMMISSION EXPIRES:
My Co:nmissbn Expires )urss 6, 1979
+ 446169 ~
aorsdsd ~ St. Paul Fin and Wfirts Ins. (ls
f
T/~is liulnanf~r~ p~rp~rrrd hy:
nfl,/>~•.~ eaeK 3U9 P~cEi~1 ~
.