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HomeMy WebLinkAbout2542 i ancl sl~nll perjorm, cotr~ply wtlle ar~d abtda by encl? and oi~ery tf?e apreementa, atipulaltons, cond(tioiut and ; ~ caronanla thareaj, aiic~ o~ th~s morlQa~e. tiien l~iis morl~af~e anc~ !{~e estate I~ereby crealecl, ~~n~t ceaae. de- /ermino and be +isill a~~d votd. ; ~ ' ~ ~nd fl~e m~rt~af~or horuby f urther coe~et~anls ancl ap~ees to pay promplly wl~en t~ue t~~e princ(paI anel ~ ; ~ ir~teresf ancl ol~ier s[ims of ntortey pro~l~~e~~ for tn saic~ nole ant~ lhta mortpape, or eit{+er; to pay a« and i , atripu~ar Ilia faxes, assossmenls, ~vvies, ~ta~l~ilies, obli~atla~s, nrid encumbrunce~ o( every nalure on aald pro- ~ # perty; to perm[t, commlt or ae~~~er no waste, tmpairment or defertoratlon o~ aaid land ar the improuemonts ~ tl~ernori a! arty lime; lo kc~~p IIiP bui~din~s nou~ or livrnaFtc~r on said land tuIl ~nsurec~ i?t a sum o( not tea~ , rizan Eigh~ Thousand O~ne Hundred Forty- two and 1.2 ~100' s Do l lara s ~ In a con~pariy ar rnmpanies accc~pfati~o !o 1~~e mortgaUee, t~lv po~icy or po~lcies to be ~~e~cl l~y, anc~ payab~e ~ • to~ saic~ mort~~agee, ancl irt I~~e eve~it nny sunt oJ mo~ioy 6ecomes payabie by vtrtu+~ o~ such insurarice t~~e f; + mort~n~ee s1~~ll l~ave the ~t~ht to recei~e and apply t1~e ~ame to the tnde61edness here~by secc~~+~l, accounltnp ; 1 , fo the mort~astor (or any surp~us; fo pAy al! costs, char~es, anc~ expense~~. incluclir~g lawyer~s fees an~ til~e i aearches, reasona~~Iy Irtci~rre~I or pnid by !he mortgaf~ecs because o~ 1he ~a~jure of tj~e t+~orlga~ot to pr~mpi~y ' f ~ nnc~ (ul~y cornp~y wil~i t~~e nflresmenfs, stipu~aftons. co?i~ittons ancl eo~csnants of satd note nnd i1?is mortgage, ~ i ~ or elther; lo pe~jorm, comply wil?i and a~iicle by each a?~d every tfie agreerr?enls, sttpu~atlons, cahdilion~ anc~ ~ ; ' ~ . covenanls set jorl~~ i?i~saic~ note anc~ l~~is morlflage dr eithar.• In E~ee aven! 1{~e mo~tpago~ ~ai~i lo~pay when ' due any lax, assessment, insuraricc+ pre?nium or ofl~e~ sunz o~ ma~~ey puyab[e 6y vlrt«e of satc~ .nole and tE~is ~ i ' mo~tgage, or either. I~~e mortqafles may pay the sarrae, wtihout waiuing or af~ectinp the o{~tion to jorec~ose ~ ; • or any other ri~tlit i~ereundor, artd a11 scicli paymenls ahall 6ear interest jrom date lhereo~ at the highest ~aw- ~ ; (uI rate l1~en allowed by 11ie luws o~ tl~e Sla~e oJ Fiottdp. ; ~ } ; ~ - i , , ; any sum of money l~erein rejerred to be not prompljy pald wllhin ~tC~1 daya next ajler ~ , Ihe rame 6ecomes due, or ij each a~d eue~y the agreemenfs, st~pulattons, evndtttona and couenur~t~ o/ said : ~ note .and ti~is mortgafle, or eilj~e~, are not (u~~y perjormed, comp~led wtlh and a6ided 6y. i~en !~e entire ~ j ~um menttoned in aaid nole, a~d thts morlgage, or the entire balcence unpntd thereon, ahal! ~orthwilh or . ~ ; - iherea(ler, at tl~v aptlon o/ the mortgapee, 6ecomo ar+d be due and paya6le, anything in :ald note or heretn ` ~ , ry notwitf~stalic~in~. Failure by the morlpagea to exerrise any of tf~e rights o~ opttona hereln ~ ~ . ~ to ihe contra . - prouided slialt no! consfitute a watuer of any rifl~~is or opttons cinder soid note or t~ts morlgage accruet~ or ' ~ tRerea~ter accrutnp. ~ L . . I • ~ _ ~ ~n ~~tn~ss ~hereof~ tfie satd mortea~or has hereunto signed and tea[ed theae prea~nts tha f , dny anc~ year ftrst a~ova turiften. • t . ~ ; Sfgnec~, sealecl aric~ deltuered ~n h presence of : ~ ~ ~ ~ _ s, , ~6~`;~.Z-`.1... I~. . f _ .l.a~:....::.........~ ; ; ~ • - . , ~ ~ . . . Gai~ Smitb ~ ~ ` ' ~ . . : ~ . x . . _ ~ . . . 3 . ~ ~ ; ' ~ . ~ . . . . . . . . F . ~ , ' ~ . . . • ' ~ 2 . . . _ _ . . . . ~ . . . ' - ~ . ~ . , ~ . . $TATE OF FLORIDA, - ~ . ~ • ~ - . ( cout~rrv oF L1ADE. - ~ ~ ~ , ~ ' ~ ' I H~REBY CERTIFY th~t oa this day, before we, aa ~ - ofEicer duly s~uthorized in the State aforaaid A~d in the County a[oresaid ta take scknowkdgaunq, peraaatfy sppeared ~ GAIL SMITH, a single adult,~ ~ ? ta me icnown to be the person described ia and who executed the fongoing instsument and .~I~ ack~wwkdaed ~ before me that ~ executed the' ~ame.. - E WITNESS my hand and official seal in the County and 5tate last aforetaid this 28.~~1 dsy of ; . , D@CeiIIb@r A. D. ~9 64.. . ! 13~.95~3 ' ~ ~ ~ _ ; ~ ! o . . ~ 'ti ~•••'4 A~.ti Notary Public, ate of ~Flori a ~ ~ ~ r ~ ~ y9~?~ ) ~ILEO ~ND REC OED ~=s~ ; • „ 1~ ~ ~ = • • BQOK . ~ ; r~ ~ ~ ~a i IN My Commigsion Expires : /a. •/[~-G~/ ` w ~ ~ '••.,,.r~`~~••'~~~'`,-•~ ~ ~.1964 DEC 29 PM 2: 38 r~cs,~, et fG,ti~3 aE L`arg9r ~ ~ t~ty Con;nti:_ ri,cx, fr~3 D_C. 16, 1~6J' ' - ;~~'~~RSE R POIi~hAS CIEZK ; E ~ • } ~ 't~~l QUN1Y. f IQRiQ Q~c.,t!-C,~(. ~ ' _ ~ , ~ , ; . i '~T~~'4 , - ' j ~ • ~Y . . . ~ ~ ~ ~ , ~ ,f ~ ~ pR. ~ ~ i ; ~ :a, 800K ~fl~ PAGE~St~ ~ ~ : ~ ~~i~{~. ~ ~ , ~ , : , . . ~ j j ~ _ _ . j' • ~ , . . ~ , ~ , ~ - _ - - _ -