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HomeMy WebLinkAbout2856 . ~ end rhall perform, comply with sled abide by sedt and every the agt+eattenb. attpttlottau, txtttdiNot4a sled eoaertanta thereof. and of this mortgage. then eha nio~gope and the aloe. herby crated. rhall otwae, de- terntine and be reel[ and void. the tttortgagor hereby jttrther covertan~s and ptwr to pay pwntptly when dw the prtraclpnl and intents[ and other soma of money provided /a to said Wore and Cher mortgage. or tether; to pay aQ and ringular the taxes.. assastnents, levees. leabtlitise, obltgatiotta, and ertct~ntbrattcw of curry rotor on toed pro- perty: to permef, eotnmit or suffer no waste. etrepairm..tt or detertontteon o) said la,td or the improvemertla thereon of any time: to peep the bueWtngs now a Iterrajter on said land fully insured in n sum of roe lea than PULL INSURSABLB VALUB in a cottpa,ty or rnrrtpanta aocepta6le to the tnorigagee, the policy or poltcea to be held 6y, and payable to, sold morlgagee, and in the event any stun of money 6ecomsr~ payable 6y virtue etj such ensuronw the mortgagee shall have the right to retxtw and apply the same to the indebtedness hereby secured, ooootuttetta to the mortgagor for any surplus: to pay all cosh. chntga. and expenses. tttcludtng IawyK i /lea and title searches. reasonably incurred or paid by the mortgagee 6toause of the jailuro of the mortgagor to promptly and jolly comply with the agreements. stipulationu, corsdtUotts and cnwnartb of said nob and this mortgage, or etcher: co perform, comply with and abide by each and every the agtwmsnb. skpulateotts. ootrdtttoru and covenants set forth to said note and this mortgage or tether. In the event the mortgagor falls to pay when due any tax. assessment. insurance pt+emium or other sum of money payable by ntrtw of said note and this mortgage. or eillter. the mortgages may pay the same. without waiving a a//ecttng the option to jonclose or any other right hereunder: and all ouch payments shall bear interest /rom dab thereof at the htghat law- f ul rate then allowed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within T+i#teen (15~loys .taxi offer the same becomes due. or ij each and every the agreements. stipulations, conditions and eot?ertants of said note and thfa mortgage, or etcher, an not jolly performed, complied wtih and abided 6y, then the entire rtrnt mentioned to seed note. and this mortgage. or the entire balance unpaid ihensort. shall jorehwilh or ehenea/ter at the option Qf the mortgagee, become and 6e due and payab4, anything to said not. or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the tights or options hensitt provided shall not constitute n wnit?er of any rights or options under said note or this mortgage aoe~ued or thereajjjter accruing. . 7n R11~ ~h~t'tof, the said mortgagor has hereunto signed and sealed these presenb the dry and year just nbove written. Signed, and a scree oj: ~Iit o ~j( z ~ /NA- ~'a IP ~ . - - ..11.1~C...~tt~~ ...;~.....---.----------Q~ - _ . - -MAB--sass The Mortgagees. join.. in the ezecution o. this liQ~t<gggg._.#A~..~he..p_ur~os~e..nf..._.......® confirming the wrap-a-round provision oft Mortgage. THOMAS M. IICgANON DtRiNA ON . STATE OF FLORIDA, CoI:rNTY of 3T. LIICIB i HEREBY CERTIFY that on this day. before me, as oiGcer duly authorized in the State aforesaid and in the County aforesaid to take acknowledamenn, personally appeared MAJOx SIMS and BETHA MNB SIMS, his wife, as Mortgagors TH~fAS M. BIICAANON and DONNA BULSiANaN, -his wife ~ as Mortgagees to me known to be the person g described in and who executed the torrsoug instrument sad they arknowkdsed before me that they executed the same. WITNESS my hand and afgcial seal in the County and State last aforesaid this Z~I]d day of August, _ A. D. 1979,E - - Notary ~ Blic My Commission Expires: tgrner t'~AtK Star[ a ~tOll AT tJIQ . ~ f;~c~tsstc~,~ ~s~4 t~rt~ i9T9 S€P 'T ~ si~ 06 ~ mgrs>~~~ . - ~tr, aO .~f{~.'fl/i ~•l ~.~J~ i 1. t~{901l0 YERIf lE0 4 4 i ,r _ v~~ ~ e c 77iir Inrliumcrtl >rd by: A$TF PARUP . ~ ~ Addras u?wYERS mice ttv~ e~ ` ~ ~ t t '~"~,.~g y ~ ~ ~ X315 P~2l~50 : _