HomeMy WebLinkAbout1079 ~ S - .
and shall perform, comply u?ifh and abide by each and every the agreements, affpulatforis, conditions and
,covenants thercwj. and' oI this mortgage, then thts mortgage and the estate hereby created, shall cease, de-
termine and 6e null and rwid.
~INi the mortgagor Ite?eby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and thu mortgage, or either: to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nafrue on said pro-
perly; to permit, commit or strjjer no waste, impairment or deterioration of said land or the improvements
therecn at any time; to beep the buildings now 'or hereafter on said land jolly insured in a sum of not less
than outstanding balances of mortgages
in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in the ,event any strm of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all rnsts. Charges, and expenses, including lawyers jeer and title
searches, reaso?tably incurred or paid 6y the mortgagee because o/ the failure of the mortgagor to promptly
and jolly comply u~ifh the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply tt?itli and abide 6y each and every the agreements, stipulations, conditions and
rnvenartts set forth in said note and this mortgage oi• either. In the event the mortgagor jails to pay when
due any tats, assessment, insrrrortce premium or other sum of money payable 6y virtue of said note and this.
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rate Ihen allowed by the laws of the $tafe of Florida.
~l pny sum of money herein referred to be not promptly paid within fifteen days next after
the Same becomes dire, or if each and every the agreements, stiptrlafions, conditions and covenants of Said
note and this marlgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this .mortgage accrued or
thereafter accruing.
~tl ~t s thereof, the said mortgagor has hereunto signed and sealed these presents the
day and ye fir above +rifler
y7
Sign se ed d i r ;dn presence of
_ / /
/It~f......-- - - - i
" E. LPE PER
-
- - .
i
i
~
STATE OF FLORIDA, t -
ccn-~-I-v c~F Florida `
I HEREBY CERTIFY that on this day, before me, an
officer dul}• authorized in thr State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
E. BRETT CULPEPPER and JUDY FLOWERS-CULPEPPER, his wife
to m~• known to tx• the persons described in and who eaccuted the foregoing instrument and they acknowledged
hefom me that theyexccuted the same. ~
~~77 \ES my hand and official seal in the C:ounry• and Swte. fait afore id this day .of
U r~ :1. D. 19 80 ~
, ~
• / •
I NOTARY t11ulIC STALE Q 1ttJRIQA AT tA~ _ w ~ ~ -
Art S~AI; 1!R I~EtWRlR2~ ~ ~~i%~ Q 4 -
i' 'St`et`.
~ t989 APR 14 PII 2 16 .
482931 ~E~~e _
3T. L'CIE t~TRASA
cItRCUn cave James C. Carets _
%7its IJIS//1!///f/// prrpnrr-J by: t:Ef~:'i~ ~'C~~~a-
~ AJrf/r _u
8t?K PtGE~O~ -
I