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HomeMy WebLinkAbout2309nn~ s~ia~~ p~-(orm, romply u~ilti an~ a6i~e ~.y pncti ana e~~e-y fhe agreemenls, stipu~alion"s, rnndifions and co~~~nanls ~he~ro(. and oJ Il~is mor1~1A~1e. Ihen Ihis mortAaAe m.d Il~e ealale hereby c-Palecl. shall cPass. de- # fprminp anc~ ~ nul~ an~ ~wi~. • ~~ f{~P morlc~a~~o~ ~ier~~hy (urll~er cov~nanfs and uprees fo pay promplly wlten clue Ihe principal and internsl nn~ ol~~Pr sums o~ money proni~ecl ~or in sai~ note and I~is morfgage, or eilhe~; to pay a~~ and SIIl~U~O~ ~~P ~IIXPS. ASSPSSBIPf1~5, ~PI~IPS. ~IA~I~I~IPS, Oh~l(JA~1OIIS, and encum6mnces o~ every nature on said pro- perty: fo permil. commif o~ su~(Pr r~o wasfe, impairmenl o~ ~eterioralion o~ said ~and o~ Itie lmprovemenU Il~~rnc•n al ~uy li~~~: lo Irw~p fhe 6uildinns ~ou- or hervoJl~r on said land ~ully insure~ in a sum oj not less ~I~an the highest insurable value With extended hazard coverage. in a cam~-any or rompani~s acc~pla~-~~ fo Ihp morl~a~ee, Ihe po~icy or po~icies fo be held 6y, and paya6le fo. said morl~~a~P~. n~ul in Ihe ~~~~nf ~ny sum of mon~y 6~comes ~ya6le by viHup of such insu-ance 11~~ ~ morlga{~~e s~~a~~ ~~ar~ f~ie ri~~~t fo -a•~i~~~ an~ app~y f~ie same !o the inde6ledness I~ere~y secured, accounting ~ to I~~e morign,ryor ~or any s~~rplus: fo pay a~~ rosts, c{~argns, nnd expensPS, including ~awyer s f ees an~ tit~e } sea-r~~~s, re~so~u~~~~y inc~ur~ or ~wic~ hy I~e mortga~ee hecause oJ I~e ~ai~ure o~ Itie morfgagor fo prompl~y ant~ (ullv ~•omply u~ilh Il~e agre~mPnls, sfipuloiions, conclitions art~ eni~nnanis oj said nole antl this morfgage, or ~il~~er: fo p~rJorm. comply u~id~ and a6ide 6y earh a~~~ rvery !he agreemenfs, stipu~afions, rnndilions nnt~ ~•u~~~naulc sef forf~~ in sai~ note anc~ this morfgage or eilher. ~n Itie rvent t{~e mortgagor Jai~.s !o pay w~en ~ due any fa.r, assessm~~-~t, insurance pr~mium or ol~er sum o~ money paya6le hy t~i-fue oJ saicr nofe an~ Ihis . morfna~~~. or ~ifl~~r, f~ie niorfr~ary~~ may pay Ihe same, wif~ouf inaiving or aj~ecting 1{~e opfion to (orpc~ose ~ or any o~F~~~ ri~~{~t {~~rnunder, an~l al~ such paymenls S~QI~ OPQr lRIP-PSI Irom date Ihereo( at 1he highest Inu~- , f Il~ r(1~P ~~IP~1 QIIOII~PI~- ~IV ~~IP 'OII+S O~ ~~IP ~~Q~P O~ I_~Or1~A. ~` nny sum o~ mon~v 1~Prnin rp(errea to be not prompf~y paid within 30 c~aya next after f{~~ snm~ bPC-om~s du~, o- i~ eacl~ an~l ~~~~ry Il~e agreemPnfs. slipulations. con~Iifions an~1 ~-ovenanls o~ suid nofe and this mo-ft~n~~i~, or ~i11~er, ar~ nol /ully perJomted, complied wifh and a6ic1e~1 6y. 1{~en the entire sum mentioned in sai~ nofP, ancl Il~is morfgagp. o- t1~e enfire 6a~ance unpaiil t{~ereon. shal~ foMl~wilh or f{~prpaftpr, at the oplion o( If~e mortga~ee. 6ecome and 6e due and paya6le, anyfhing in said note or I~erein lo t~~~ rnnfrary nofu~if~~stan~ing. ~'ai~ure E~y ttie morfgagee to exercisp any o~ fhe rig~ts or oplions tierein prot~ic~~e~ s~~n~~ ~wf conslifuf~ n u~ai~~~r o~ any -ig~~fs or opfions un~~r sai~ nofe or ftiis morfgage accrued or I~~Prna~l~~r accrtiin~~. Dn ~Rl~ln~s ~hereof~ f~u~ sai~ morl~agor {~as ~~prnunlo signw~ an~ seo~P~ IhPSP PfPSPMf the r(ay o~u~ y~•ar Jirsf a~~orp ~rrillen. Si9ner~. s~a~P~~ an~ ~~~~i~~~rn~~ in I~ip pr~sencp o~c ~ - . ~ ~~] ~ - - -- ~~~~~e~~E~ L S T. . t~V.!. . ~ .... .. . ...... . ~ • --- ~ _ . _. _. .. . ._.. - - -- - ~- -. .. -- - --~ ~ _. - -. - ... . .. _ ._._ ._..... ~ _ . . . _ - _ STATF. OF FLORIDA, ~ COl'\TY OF BROWARD I NEREBY CERTIFY that on this dar~ be(ore me~ an otfic~r dulv authorizrd in thr Statr afor~said and in th~ County alon•said to tak~ acknowledqm~nb, pcnonally appearcd REYNOLDS T. MONTFORD to m~• kno~rn to F,r th~ pcnon d~scribed in and who ~:PCUt~d the (or~Kuinq instrurnent and he actnowledqed Fx(or~ me~ that tle ~x~cuted th~ same. 1~'tl \ESS mq hand and of(i~ial seal in th~• Count~ and Stat~~ last aforrsaid this 17th day o( December :~. D. 19 80. ~" y'S~• ,' ~ t ~. : -~ _ . _ _ _ _ . . , .... ....... .... ---- ----- -...- ------.. ..:~. _ ._._ ...~... ....._.._.. =~- - ~ --~ - (~_U C~ = 3 I ~t: i~ ~ 3 NOTARY PUBLIC STATE ~~~ ~ ~A'~= ~: (~10T4RY PIJdUC STATE OF F:3Rid' t,i~~ACiE~' c~;~ - FiIEC ' r.i ::-~+i .~t it MY CC':..ti• t SSlCk~ EXP I RES N:.iv t. . ~ - 51. LUC'E C~ l'!i T Y. i E:• BGiL'riD Tttiiw :.i; .:ic.;l i ivS :I•:s..•... r. ~ ~ Rp~~R FUI i R~1S . ~~ ± CLERKCt,;Cs:i ~:.,1'j 3 ~~~-: r.,.:s:. - . . - ~ - - -~-~~~ 511983 ` '17iis Irwrr~»rf~a p,rpnn~l by: T~tiS ~NS1Rl~t~Ekt w~S PREPa?E^ Rv: CHARtOTTE C ta!O~z. hN fM°t~~~E OF Cr1~C~G41i1LE i ~1~~~~R"ss IhSURANi;E ~.Gt'~RttY. 315 S. E Jth STREEI. F0~1 ~AUpERDRIE. flC ~~[;A 333~1 PURSU~M{iMENt,'~UattiCE pF A TI,.E INSURAtICE COM ~~.r__..,. _ _ __._-_... _ - .; - ~a~K345 PacE2~~ ~ - _.~ _.~~=:t:=