HomeMy WebLinkAbout2027 an~ ~hal~ per(orm, comp~y wilh and a6ide by eacti and ei~ery If~e agreemenli, ~tipu~atioris. condltions and
canenanls Ihereol. and o( this mortf~ane, I?~en I~is morfgage and Ihs e:tate I~ero6y crenled, sl~all cease, d~-
lermine an~I E?e null anc~ voi~l.
IhP mo?tga~or lien!by ~u~itier coue?in?ils artcl ag?+ees !o pay promplly wl~en cIw tlis principa~ and
inferns! and ol~ier sums o~ money proui~Ie~I ~or in said note and thia mortgage, or eif{~er: fo pay .a~~ and
stnflu~ar I~e ta.rea, assessments, ~evies, ~ia~i~ilies, ob~igufions, and encumtironces oJ.euery nalure on said pro-
perly; lo /x~rmit. c~ommif or suf
jer rio waste, impairment or c~eierio?afIon o~ said ~anc~ or t~e improvemenl~
Ihpmcn ai a~iy time: to ~PPp (I1P 6eiildinps now or herra(te? on said land (ully ~n~ured in a sum oj not leas
iho~ highest insurable value.
in a~-ompany or companies acc~~~tnble Io Ihe mortgafl~e. Ihe policy or policies !o be he[d by, and payable
lo, sal~ mo~lgagee. ana in fhP enenf arry sum o~ monc~y 6ecomes ~yabl~ by vtrtue of suc~ insurance t{~e
morfgagee s{~o~~ ~ana ftis ~iflhf lo receivp anc~ npp~y ttie sane to ftie indebfedness ~e?eby secured, accounting
fo t~~e mortgafior ~or any su?plus: to pay a~~ cosls, rhnrges, and earpenses, inc~udtng ~awyers lees and tit~e
searc~es, reasona6ly incunrc~ or pai~ hy 1~~e mo?tgagee because oJ the ~ai~ure o~ fhe mortgegw to prompf~y
anc~ (u~~y co?nplY with Ihe agreemer~ts, stipu~alions, concrifions and eouer~anta o~ aaic~ note anc~ itiis moilgnge.
or eiltier: !o perform, comp~y wiili and a6itle by each and e~ery the agreements, alipulatto?u, condifiona nnej
covenanls set joNl~ in said note and this mo?tgage or either. In tF~e event the mortgagor (atla to pny when
due any fax, nssessme~t, insu?ance premium or ot~er sum oj money pnyab~e by virfue oJ satd note nnd lkis
mortgage, or eitE~er. Ihe mortgaflee may pay Ihe same, wlthoul waiving or aj~ecfing lhe option to Jorec~ose
or any o1~Pr rif~l~t h~reunder, and all sucl~ paymenis shall bea? interPSt from date thereof a! the higkes! law-
(u~ rnte 16en a~lo~ae~1 1~y fhe IO11~3 0( tF~~ Sta1P o( Flori~la.
D` nny sum u~ mon~y I~Prein re(errec~ to tie not prompt~y paid within thirty anya next aJler
Ihe samp berames du~, or iJ each and enery flie agreemnnts, slipulalions. conditions and covennnts of said
note and this morfgagP, or eitF~er, are not f ully per(ormed, complied mit6 and a6ided by, then the enlire
sum menfioned in said note, ond Ihis morlgage, or t{~e entire balance unpaid tker+eon, shall jorl6with or
lherea~ter, af Ihc~ opfion o~ I~~e mortgngee. ~~ecome an~ ~e ~ue and paya6le, anyt{~ing in said note or he?ein
io Ihe contrary nolwitl~slanrling. Failur~ F~y fhe mortgagee !o exercise any of f~e riflhts or options {~erein
proni~ecl sha~~ not consiilule a u~ai~~pr o~ eny riphls or options under sni~ RO~P or t~is mo?fgage accruea or
ftierea~ier accniin{~.
~~n ~itness ~YUhereof~ II~P said mort~~yor lias ~IPrPi~I1~0 SlQI1P~ llft~ SPAI6d ~~f36 P~@S0fl~3 ihe
~ay anc~ yc~ar Jirsl atiore u~ritlpn.
$ignP~. a~e~ on~ ciP~i~~~re in i~~ pres~~nce oJ:
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STATE OF FL()RIDA, ~ .
COUNTY c)F gt.
Lueie I HEREBY CERT[FY that on this day, betorc me, an
o(fi~er dulv authorized in thc Statc afor~said and in the County aforesaid to tak~ acknowledRments, penonally appeared
!•liliiar~ F. Arecla an~ Gloria .T. Rreda, his wife
ta me known to br the person Sdescribed in and who eaecuted the for~Qoinq instrummt and ~''~h~ acknowkdgtd
Ixforc m< <n~e they ~xecuted the same.
~ti17'NESS my hand ancl o(ficial seal in thc (:ounty and Stati• last afor~said this 13th day of
July A. D. 19 ~ 9
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~ My commission expires:
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