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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) r~~~ ~T1ZL . ~ I C~2~ ~se~u . ~ 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. i - . _ . . ~ ~ Ta . , ~ ~l WI77r'ESS my hand and official seal this ~ day of ~9.~ , k. / J • ~ ~~t) . ~ ~ ~ , _ ~ Notary Public in and for t ~j`~ t IiA~r" Eomrass~°°,~~ ~ i9~6 : ~fy commission expires koue uu.. r-s.. ~ . . € c ~ STATE OF COUNTY OF ~ ~ ' Before me, the undersignecl authority, personally appeared ihis day ~ I ~ and 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 ~ S ~ ~ ,~113 p 1 :16 p ~ .oy,~h Nc~tary Public in and for 1hr $tate and County aforesaid. U ~ i/ ~ f~~-Er ~ ^ , . My commission expires ~ Sj Lu~l: v,.. 3. ' . ~ ~ ~~V~~ . ~ Pa~,rs ('ii,'7R~V~ v=V~ ~ r- r Ij ~ " _ ~~~.s? ~ - r'`~~ ~ c.'~~,+.'N'r`~~.""~'° a,~" ~ ~ - ' _ ~ - . . .