HomeMy WebLinkAbout1366 and shall perform, rnmply with anti abides 6y each and eae.y the vgreemenb, sttpulatioris, cortdittons and
cot?anants thsraoj, and of this morigatte, then this .mortgage acrd the estate hereby created, shall eaase, de-
lermtne and 6s null and void.
~111Y the mortgagor hereby further eovenonts and agars to pay promptly when due the principal and
inte?rsf and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the taxes. assessments, levies. llabiGfies, obligations. and encun~br+ancas of every nature on said pro-
pe?fy; to permit, commit or suffer no tuc~te, impairment or deterioration of said land or Ihs improvements
th~rec~ at any time; to keep the buildings now or hereafter on said land fully insurod in a sum of not less
than the Ilaximun insurable i.llter+est
in a rnmpany or companies acceptable to the moNgagee, the policy or policies to 6f held by, and payable
to, said mortgagee, and in the errant any sum of money becomes payable by utrtue of suck insurance the
mortgagee shalt hove the right to receive and apply the sane to the indebtedness hereby secured, accounting
_ to the mortgagor far any surplus; to pay all costs. charges, and expenses. incltuling lawyer's Jess and title
searhes, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agrremertfs. stipulations, rnnditfons and covenants of :aid note and this mortgage.
or ett4er; to perform, comply wish and abide by each and every the agreements. stipulations, conditions and
covenants set forth in said note aid this mortgage or either: ?n the-event the mortgagor jails to pay when _ .
dos any tr:x, assessment, insurance premium or other stun of money payable by virtue of said note and thls
mortgage, or either. the mortgagee rrtay pay the snore, without waiving or affecting the option to joreclwe
or any other right hereunder, and all such payments shall bear inter
est from date therroj nt the highest law-
f
ul rate then allowed by the laws of the State of Florida. -
any sum of money herein referred to 6e not prornptly~ paid within --10-- days next after -
fhe same 6ecornes due, or ij each and every the agreements, stipulations, cnnditions and covenants of said
note and this mortgage, or either ae not fully performed, rnmplied with and abided 6y, then thq entire
sum mentioned in said note, and lhis moNgage, or the entire /xilance unpaid thereon, shall forthwith or -
fhereajter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the rnnfrary noturithstanding. Failure 6y the mortgagee to exercise any of the rights or options harem
provided shall not constitute n urafrer of any rights or optiortsi tinder safd~ note or this mortgage necrtred or
lhereofter accruing.
~n ~~of, the said mortgagor has ?rereunto signed and sealed these presents the
day and year first above urritletr.
Signed, sealed and delivered in the presence of : _
STATE OF FLORIDA, i
COUNTY OF I~)C;IE
I HEREBY CERTIFY that oa this day. before me, sw
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, ptrsonally appeared
J. D. MORGAN and LILLIAN MORGAN, his wife -
to me known to be the persons described in and who executed :he foregoing instrument and ~++~j ackrawkdged
before me :hat they executed the same.
\x'17'\ESS my hand and official seal in the County and State last aforesaid this G?~~ce. day of
JdIlUaCy A. D. 19 8O.
•
. ~ ~.qy,._.... y_ -
~~0 ,l~'~ 24 QI~(~ 39 >!Iotary P lie, State F3bt ,
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al
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i s_cs,~n r-Farirn _ _
4'7388'7
f7iis IIWRn/rn// Pr''F~'red hy: ~C C. TFL[., III, E9Q~JII~
' FFd?r K & Tt~f,, P.A. tiR
~~/Jms Poet Office Baac 1000 B(1fiRe~4 PA(iE~L~
Fort Piex+oe, RLc~i,da 33450