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HomeMy WebLinkAbout0037 i and sha~1 pi'?~o?n~. roenply wilh and o6id~ by ~h and o~~e?y 1{~e apr~p??~~nls slipulaliont. cor~dil~ons a~d corenonls Ih~rro(. ond o~ t~~it morlgu~le. Il~~n Itii~ n~wlqa4• ond fti~ •~laf~ tiPr~~,v cr~cf•~. stia~~ ctat~. d~ IPnnin~ aut~ ~~r ~iu~~ ~~u~ ~~oi~~. TIILY t~~P morf~~a~ar ~~~n•tiy ~urlti~? cor~nanfs on~ aqr~~s fo pay prompl~y u~tien ~~up fhP priru ~pal ond inls?rsl ~nd ollu~r ~ums o( monrv 1~roride~ (o? in soi~ not~ m~d Il~~s murlgaG~. u? ~~~h~r. lo p~v ull and singu~ar ti~e la.<~s. ass~ssntents. ~e~~ips. IioF~iliti~s. oblignlions. and encumbrancp: o~ ~~~Prv notur~ on said pru perly: fo pr?mil. commil or su(~pr no u~atfp, in~pai?mpnt or dplp?ioralion o~ sai~ ~nnd o? Ihe impro~•pmrnls 11~PrPOn al any lim~. to Ir~~p 11~~ hui~~in~s nou~ or ~PfPfl~for ~n ~ni~ ~ant~ ~u~~v ~nsurnrl u~ n sum o~ »ol ~rcc ~tia~ highest insurable value in o cnmpanv or companips acrPplable fo Ih~ morfqaApP. fI?e po~icy ar ~w~~c~NS fu ~~p ~~e~~~ ~~v. untr PaYo6I~ lo. ~ai~ mo?lNa4Pe. an~ in fhe p~~pnl any sunt o~ mon~y ~e~omPS paynb~P h~ ~~iNu~ o~ sucti insuronce Iti~ nw?Iga~P~ shall tia~•p Ih~ riqht to r~eivs and apply tl~e :nn+P to tl~t inde6lednPSS henby sPC'urvc~. accounting to ftie morlpa~ior (or any surpl~~s: lo pay o~~ costs, cl~a?qes, and Pxpp~sPS. i~clu~inq ~awypr~s ~PPS ana fif~e sta?cl~es. rPasonnF?~y incurrP~ or pnid {~y Itie mortgnqee 6ecausp o~ !tie ~ai~ure o( fh~ morlgo,yor fo promP~~Y and Iu~~~ ~~mplv u~ith IhP a~R~~menfs. slipu~alions, con~Iilions onrl co~~Pnonls a( sai~ nofe ane~ I~is mortgaqP. or eitti~r:~ fo pPr~orm. comp~y u~ifti an~ a6i~P 6y paclt ond po~ry I~~e a4?Ppmpnfs. slipulations. condilions an~ ~ovpnanls sef (ort~ ~n sai~ nol~ antr fhis mo?fpage or PI~IIP~. II1 (IIP rliP?1f II~P mortpaqo? ~ae~s io poy u~tiPn due any tax. assessmPnl. insu?an~e prrmium o? olher sum o~ monpy payati~a tiy i~irfue o~ said note an~ ftiis ~ rnorfAapP. or Pither. tl~e mo~lqaqPe may poy !he samP. u~ifhouf u~aii~in,q or a~~pc'fing fl~p oplion lo (orP~~u~r 4 or onv o1h~? riq{~1 hPrpun~~r. an~l al~ SUfII NOVI~IPRIS sha~~ bPa? inlvr~st (rnm ~ntP t1~PreoJ a~ II~p {~iqkPSf ~au• i 1u1 r~1~ Iti~n alloirerl hv Ilie Im~~s o~ fh~ Slate o~ Florida. ; ~ 4 ~l an~ sum o~ mon~v ~~P?pin ?P(prrec~ to he not prompt~y puid wiftiin fift~en ~avs nexf o(Itr samp ~?r~omPS ~uP, or i~ earti QI1~ PI'P?y IfIP aq?eemvnfs. sfipu~nfionc. con~ifions unc~ ~o~~enanls o~ sui~ note and Itiic morlqa~P. or ~ill~Pr, a?e not (ul~y pe?(ormPC~, complied u~ith und a6ide~I by. tl~en tl~p enlirP sum menfionPd in said notp. and ihis mortgage, or t{~P enlire ba~ance unpni~ thvreon. shall ~ort{~u~ith or (I1P?PAf ~P~- a~ ~~P oplion O~ ~~P mortAacleo. tieconte afl~ ~P ~UP ancl payablP. anylhing III SQId I10~P 0? ~erein fo Itip tonfrary notu~ill~slandinq. Failure hy fhp mortgagee !o Pxercise onv o( !he nq~fs or options tierein ~ pro~•i~e~ s{~aII nof conslifulP a u~ai~~rr o( any rig~fs or oplions unelvr sai~ n~fv or Itiis morfqaqe accnip~ or = ~ fh~rPa(ter accruing. ' ~ ` ~n ~t~~ ~11~~~`~ Ihr snid mortga.qor i~as I~Prounlo si~nPd and sealPd ftiPSe presPnts Il~v dav an~ Y_e-ar irsl nbore u~riNen. `~IS IS A B~ALIIJON I~~ ~1~ID Z~ FINAI+ PAYMENr OR `!i-~ g~ W~; ~ MA~JRITY IS $7, 630. 00 TOGE.TEIER WIZH AC'CRiIED , IF ANY, AND AI~+ ~ ~Y ~ ~ ~ oF ~is Mo c~. ; l9/1P SPQ ! 4/1 t i1~PIP IA P PfP3PIlfP O: , ? ~ . S!~. .~'~-._~l~~L.. ._.C.. • . ~.~..(~.~~t-^--.-!Z~...... ~ ' ~ ~ . . Ge ~d .K. Sott ~ ~ , „ , , - - ? - L~-t t . ~ - - , ~ ; ~C _ . . ~ ~ . . . . _ f..~ G ~t . _ _ _ . . Sonya ~ -S~ ttorf . . _ . . . . . . _ . . _ ~ ~~ceu evriuc a ~r~n c~n cc ~ . ~eF~f +iai~ ~u:.._:ue; Fea:~~s; STATE oF FX~K~X~ / (0119uAiE iEifE~At oF T~i ~~~~~D nAT~S 0~ •F~~? COL'~Tl' nF~ I HEREBY CERTIFY t!~at on this day, be(ore mt, an oifirer d~ly authorized in the State a(orc~aid and in the County alor~uid to takr acknowledtment~, personally aDpesr~d GERHARD K. SOTTORF and SONYA S. SOTTORF, his wife, - ~o m~ known to br the prrwn S dncribed in and who ~xecuted the for~RoinR ~~strument and they +~knowledR~~ br(orr me ihst they~x«~«a the ame. NIT`ESS my hand and otticisl ~esl in thc County and Statr la~t a(ore~aid ~h~s~ Tz-~~ day ot r'J ot / A. D. t9 79 . / ~ . . ,,~N N... ~.....p.T TE S (~i tarv seal) / j~iy Commission Expires: ~,~~t.iR~i :oKS~t _ ? x.s ~ ~ - ~L{ _ : '~r " 1919 J~.~i -5 AN 30 ~T ,_a ' j`'~ FILED ANO kECOHUEO SLlUC1E CQUNTY.fLA. ROGER ?OITRAS CLERK CfftCUIT CG i!ECORRYr~l~if.~_-~-~-~ Tlt~t Instrumer?f PrerSf?'~ , 6EORGE W. SO::;: , 4~~~o Sommer, Fresier r. ; ~ ~10 Denver Avenue P. O. Box 2210 ~ BOOK 310 PAGE 37 SfuerF, Horida 33494 ~