HomeMy WebLinkAbout1568aiid ~h~ll perf orm, comply with and ablde 6y each and e~~ery the aAreentenls, stlpu~afio-ir, condlttont and
co~~enants the-eo~. and oj thts mort~ane, tl~en Ihis mwtpage and ths estate he.eby c-ealed, i1~all cea~e, de-
IermIne ant~ he null ancl troic~.
1Z~ !hp morfpano- F~enrby f urlhe~ covennnfa and agrees to pny promptly when due ihe p-incipal and
inleres! and of~er sunu o~ money prooiclecl ~o~ in said note and f~ts ma-fgage. or eilher to pn7r n~~ and
st~gu~ar the la.res, assessme~fs, IPVjPS, Iia6llilies, ob~1Qattons, und encum6rartce: o( every nature on said pro-
pp~ly: to permit, commif o~ su~~er no u~asfe, impai~ment or deteriornfion o~ said ~and o~ fhe tmprovement~
IhPf1'CIl al any fime: fo ~PP/f I~P huiltlinps now or he-cwjt~r on snid land /ully insiurd ln a sum o~ not les~
I~nn 11'~ ~
in a rnmpany o~ ~-ompani~s accrp(able l0 1he mortgaflee, Ihe policy o~ poltcies to 6e held 6y, and paya6le
to, said morl~agee, an~ in Ihe evenf any sum oj mone~y ~ecomes payable by uirfue o~ such insuronce fhe
morinaprc- sha~~ {~ave Ihe rlgtit to re•c-eive and apply the same to Ihe inde6tedness here6y secured, accounfing
to !~e mortga~or ~or uny surpliu: to pny a~~ costs, c{~nrpes, and expenses, inc~uding ~awyers ~ees and itf~e
searrties, ~~so~~n6ly tnc~~~d or paic~ by the mortgagee 6ecause o( itie (ai~ure o! 1{~e morigagor fo prompt~y
and jullp. c~omply witl~ Ihe agreeme~its, stipu~ations, rnndilions ancl rnvenonts o( satd ~ote and tl~is mo-tgnge.
or eit~~er; fo perJorm, comp[y wifl~ and a6ide 6y each and every the agreemenls. sfipu~ationa, c~onditions anc~
covenants se1 forlh in said note and tf~is mortgage o~ either. ln Ihe vvent the mortgagor (ails to pay when
due any tax, assessmenf, insurance premium or ofl~er sum o~ money paya6le 6y vtrfus o~ said note and this
morfgage, or eif~~er, fhe morfflagee may pay f{~e same, wifhout watving or a~jecting f~e oplion to ~o-ec~ose
or any olher ripl~t her~under, and all sucl~ payments shnll 6ea~ interpat /rom date 16eneof at t6e h~ghest law-
(~d r~te thc~n alloivecl by Ihe Iaws o/ 1hp Stale o/ Florida.
~l any sum o~ mon~y l~erein re(p~ fo be not promptly pai~/ wit{~in 3~ doy: next n(ler
Ihe- same hpcomes ~ue, or ij each and PliPn- I~e agreemenfs, stiNu~afions. rnndifions nn~ covenants of saicr
note and t6is mortpn~e, or Pilher, are nol ju~ly perf ormed. complied with and abided by, f6en tite enlire
sum menlioned in said note, and this mortgage, or tl~e entire balance unpaid thereon, shall ~orthwith or
therea(ter, ut fhc~ opfton o~ f~e mortgagee. 6ec~ome and 6e due and paya6le, nnyt~tng in saia note or ~erein
fo itie con(rary notu•ithstancling. Fai~u~p by ~he mortgagee to exercise any of 1~e rig~fs or optiona herein
proni~Iecl s{~a~~ nof cw~sfihdn a waii+er o~ any rig~ts or oplions unc~er saic~ nofe or ttiis mortgage ace-ued oi
1~~erna~t~r accruing.
~n ~itness ~hereof~ f~~e saicl morfgago~ hns hereunto signecl and sealecl l6ese presenls ttip
day and yc~r jirst afw~~p u~rit~en. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE
~~~~tl~ Q~~E~~~~ ~~~Y I~ E.3,351.86 , TOGETHER,WITH
Signed c, antl ~eliveretl ~n ~~e Prespncp ol: D L ADypN ENT ~p~E BY THE MORTGAGEE UwDER
E E~ OF S ~RTGAGE :
_
.
-~
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R 0 DA ~~L-: ~ S-
.
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STATE OF FLORIDA, ~ ~
Cnl;\'TY nF ~~Q~i,~
I HEREBY CERTIFY that on thi: dar. beforc me, an
o(ficer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknawkdgments, penonaUy appeared
DAYID K. DAVIS and RHONDA L. DAVIS,his wife
to me knov~t to br the pcnon $ described in and who eaecuted the for~4oiryS instrument and they acknowkd~ed
txtore me that they eaecuted the same.
N 17 i~SESS mr hand and official seal in thr County and State last atoresaid this / S"~ day ot
~~~~ , A. D. 19 8Q .
, ' . -
~~OTARY PUSLI ,~_u.~-~Le~,,,2~----.---- - ,,,~~;,Gs~/._.__.
!9$0 OLC 23 1~lt ~1~ 50 ~Y COMMISSIQN E PIRES: ~"~' _' ..
.' • ^,~ _ ,~ - ~ , -
iil~[ f~liC F-_'CCnl~t" ,.Y~: -- , . --
Si. IUCtE COUN' Y. f ( ~ _ _ ..~ . ;.; • -- • -
ROGER POITRl~S ' : -
ClER1t ClRCU1T CGtf~ ~ NOTARY PUBUC STATE OF FlOH10/~ UI1Q~ ~- _ ,
~ .--,..,._ MYCOMMISSIONEXP~RESFEB. ,1~81. ._.
aTr.:;?., ; - • •. , ~ . - -- - BONOED THRU GENENIL INS. UNOERWHIt~
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