HomeMy WebLinkAbout2290and shall perform, co ^mply u~i1h a/ld abl(IP by each and !'ve-;'the agreements, stipulations, conditions and
Cal'P/laflfS IIIN-/'U(. all/l O' f11iS mO/fgagP, then fhls morfga{IP And the estate hereby created, shall cease. de-
IP/n1111P a/1l1 bP 111111 arl(I !'Olrl.
><ln~ IhP mortgagor IIPrPhy ju-Iher covenants and agrees fo pay promptly when dus fht+ principal and
irlleresl art/l o111Pr sllma of morlPy provided for in said note and this mortgage, or either; to pay all and
sirlgtllclr fhP faxes, assessnlP-IIs, IPl~ies, liabilities, obligaliorls. and enctlmb-ances of every nature on said pro-
perly; fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
IhPr.'.-n al any IimP; fo lrPPp fhP buildings now or hPrPaf fPr on said land (ally insured Fn a sum of not less
Than nil
iu a company or com/xluies acceptable to the mortgagee, the policy or polfciPS to be held by, and payable
lo, said morfgngPP, and in fhP e1'P/II any sum of money becomes payable by virhle of such insurance the
mortgagee shall have the right to recefvP and apply !hP same to the indebtedness hereby secured, accounting
1o fhP mortgagor for any surplus; to pay all costs, charges, and expenses, t-~cluding lawyer's fees and title
senrchrs. -Pawnably incurred or paid by fhP mortgagee because of the failure of the mortgagor to promptly
and (Idly comply u~illl /hP agreenll'rlls, sfiplllalfons, conditions and col'Pnanfs of said note and this mortgage,
or either; Io perform. comply Inilh and abide by each and every l11e agreements, stipulations, conditions and
c01'PIIa11Is set forlll irl said note and this mortgage or either. In the event the mortgagor fails to pay when
dllP any Tax. aSSPSSnI/'Ilf. /Ilsllraflce prPmlllm Or Other sum O( money payable by Vlrfup Of snid note and this
mortgage, or either, IhP morfgngPP may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear InIPrP3f from date thereof al the highest law-
ful role then allatred by fhP laws of IhP $fafP of Flo-ida.
if any sum of money herein referred to be not promptly paid within 30 days next after
the same 6PC-omes due, or iJ Pach and Peery 1hP agreements, stipulations. conditions and covenants of said
note mrd Ibis mortgage, or either, nrP not (ally performed, complied u~i1h and abided by, then the entire
sum menlionPC1 in said note, and Ibis mortgage, or the entire balance unpaid thereon, shall forthwith or
Thereof/Pr, of IhP option of IhP morlryagPP, become and bP (IUP and payable, anything in said note or herein
to IhP c•onlmry nohollhsfanding. Failure 1,y IhP mortgagee to exercise any of the rights or options herein
providcal shall not constitute n umiver of n-ly -ighfs or options under said note or this mortgage nccruPCl or
Illerea(ler accruinry-
~n witness thereof, IhP said mortgagor has hereunto signed and sealed These presents fhP
Clay and year first abocP u'riUPn.
SignP~PalPd and /IPlirered in the presence of : ~
W ness LYLE B. McGLENN
ness
- - --
SI:~TE OF FLORID:\,
i
1
1 HEREBl' CER"FIFY that on this day, before me, an
oflirer dul.• authorired in the State aforesaid and in the County aforesaid to take ackrwwled¢ments, personally appeared
LYLE B. McGLENN
to the known to hr- the- p•rson described in and who r>;ecuted the furegoin¢ instrument and W~70 acknowledRtd
I~efom me that he executed the same. ~ ~ /,~
\~'IT\ESS my hand and officio! seal in th~• (:ountq and Stair last aforesaid this !~~/ day of
1980 OEC I I 111; ~ 48
Faso afic~ ~rt:oan: ~
ST. lUC1E COtlNt Y. f t A.
ROGER POITRAS
CLERK CIRCUIT CGt;R~
' 510214
.I
it
/lire 1-t~lninrrnl ~-nrarl~l hy:
f
NOTARY PUBLIC '
My commission expires:
y ~ ~
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1~~344 pa~~?89
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