HomeMy WebLinkAbout0981 10. For tt?c purFx~se d inducing Ihe I~lurtgagers tu makr the luan secvrerl hereby, ihe Murtgagors represent that thc rcnts ~ow accruing
ancl here~fter to accrue upw~ Ihe nwrtgagecl }~remises are +ww and during th~ life d this mwtgage shall remain (ree and clear o( all I~ens, eo-
cumbrances or pledges.
11. Duly, prompNy and fully to pei~~rm, comply with and ab~de by each and every the stipulations, agrcemcnts, conditi~xu and
co~enants contained 6n the priur mortgage hereinabove described, if any, and in the obligatian secured thereby.
t2. That in order morc fully to protect tfit security o( this ~nortgage the Mortgagors, together with and in addition to the monthly
payments under the terms of the note secured hereby and on the same day af each mcx~th as the payments under said note are due and until
said note is (ully paid, if so roquired by the Mortgagea, shall pay to the titortgagees an installmmt d the taxes and assessmmts next to .
become due and levied or to be {evied against the mortgaged property and an inttallment d the premium or premiums next to becotne due
and payable on the policies o( f ire and other hazard insurance covering the mortgaged property. Such installmcnts shall be equal respectivo-
ly to such estimated taxa and assessments and fire and other hazard insurance premiumt (all as estimated by the Mortgageesl, less all sums
already paid thereon and divided by the number d the months that are to olapse before one month prior to the date when such taxa,
. assessments or premiums will become delinquent, such sums to be held by the Mortgagees in trust to pay said premiurru, taxes and
assessmmts.
IT IS Ml7i'UALLY COVENANTF.D AI~'D ACREED by and betwcen the Mortgagors and the Mortgagees that this mortgage and the pro
missory note or notes secured hereby co~utitute e Florida contract, and shall be construed accordmg to the laws o( that State.
IN WITNESS WHEREOF, the !~tortgagors have executcd this mortgage under seal the day and year first above written.
Signed, sealed and deli.ered , ~
in the presenc~e of: ~ fi„ y"~
A./( ~JCC'.{ ` ISEAL)
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C~2~ ~se~u
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sr~~ oF FLORIDA
BRADFORD SS.
COUNTti' OF
Be(ore me, the undersigned authorit}', perionally appearecl this day
WILLIAM B. BELOTE,III _ ~
to me w•ell known and known to be the indivi:~ual _ described in and who executed the foregoing instrument, and
acknowledged before me that he e~,ecuted the same for the purposes therein stated.
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WI77r'ESS my hand and official seal this ~ day of ~9.~ ,
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Notary Public in and for t ~j`~
t IiA~r" Eomrass~°°,~~ ~ i9~6
: ~fy commission expires koue uu.. r-s..
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~ STATE OF
COUNTY OF ~
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Before me, the undersignecl authority, personally appeared ihis day
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to me kncmn to be the persuns described in and who executecl the foregoin~ instrument as
Presidrnt and 5ecretary, respectively of
the corporation named ttierein, and they~ severally acknawlcdged to an~ before me that the~ eaecuted the same unckr the seal o( the corpora-
> tion and as the act and deed of said wrporation.
Y
~ ~ti'ITivESS m} hand and official seal this day of . ~9
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Nc~tary Public in and for 1hr $tate and County aforesaid.
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~ f~~-Er ~ ^ , . My commission expires
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