HomeMy WebLinkAbout0916 #
nru~ altull perform, comp~y with and nbide by ench and every the apreementa, sttpu~atlons, condttiona nnd
co~~enants thereo/, and o~ this mortgaqe, t1~en this mortgage and tf~e estntn he~6y created, shnll cea.se, d~- ~
lermine ancl 6e nul~ and t~oid. ~
. j~,.,,~ ~
IUNa !~?e mo~tgapor hereby jw~tl?sr covenants and agrees b pay prompt~y wh.n d~ ~h~ P.~n~~pol a.~d
(nteresi and other s~ims of money proutded for in sutd note and thia morlgage, or eiff~er: to pay al~ arul
singu~ar the faxat, a~sessments, leute~, lia6ilities, ob~igntio?u, ane~ encumbrw~cea of every nature on sai~ pro-
perly: to permit. commif o~ su(~e~ no waste, tmpairmenf o~ c~eterionation o~ aaic~ lancl o~ f~?e tmprovemenb
therecn at nny limp: ~o kpPp rhe 6uilding~ now or f~erea(ter on said land /u1ly tnsured in n sam o/ not leu
thnn full insurable value
in a compnny or companies acceptable to the mortgagee, the po~tcy or poltcies to 6e held 6y, and paynble
to, said mort~agee, and in the event any su?n o/ money 6ecomes ~yabl~ 6y virtue oJ aucl~ tnsurance ti~ ~
rrtortgagee shall hac~e t{~e rig{et to ~eceive and apply tl~e snme to the inde6tedneu hereby ~ecured, accounting ~
to t/ee morlgngor ~or any surp~us; to pny al~ cosls, charges, and expenses, inc~uding ~awyer s f
eea and tit~e
searches, reasona6ly incurred or paecl 6y tke mortgagee 6ecawe oJ the jn~lure oJ the mortgagor to pro~nptly
and f ully comply with the agreements, stipulations, conditiona and covenants oJ aaid note ond lF~u mortgup~,
or either; fo per(orm, comp~y witF~ and a6ide 6y each nnd every the agreementa,~ stipu~ntioru, conditions and
covenants set ~ort6 in said note und this mortgage or eit~er. ~n the euent ti~e rnortgago~ fnils !o pay when ~
due ony tax, assessmPnt, insurance premium or othe~ sum of money payable by vtrtue o/ satd note and this
rrtortgnge, or either, the mortgagee may ~y r~e same, wil~out wniving or a~~ecting the option to ~orec~s a
or an other ri f~t hereunder, and all auch ~
Y g payments shalI 6ear interest /rone date thereof af f{~e ~ig~e~t ~nw-
ful rate then allowed by the lams of the State oJ Florida. '
~l any sum o~ money herein re(enec~ to be not promplly paicl rvithln thirty days next a(ter
the same becomes cjue, or i f each anc{ euery the agreements, stipulattons, condilions and cooenanb o` sattj
note nnd I{~is mortgnge, or either, are not /uUy perfomeed, complied u~ifl~ and ab~ded by, then tF~e entire
sum mentioned in said note, anc~ tleis rreortgage, or t1~ e entire bo~ance unpaid tl?eneon, sl~al! (orthwitlt or
therea/ter, at t~e option o/ t3ee mortgngee. 6ecome nnd 6e d~ and pnyn6le, anqthing in anid note o~ herein
to fhp contrary notu~ithstanding. Failure by the mortgagee to exerciae any of t~e rights o~ optforu ~erein
provided s{?o~~ no! constitute a waiver o( any rigF~ts or options under said note or tl~is mortgnge aceruet~ or
thereaf ter accruing.
~n ~i~IIQ~ ~~~1~ lf~e said morfgagor {~as hereunto signed and sealed tkese presents the
c~ny nnd year (irst a6ove ~nriNen.
Signed, sealed and delinernd in the presence o/: '
t ~
: ,
e'....~---~----~ - - ---------'?s.---
~
William V. Sherwood
- ~ / ind~ P. Sherwa d
~ Y1r ~
- l - -~''~-f'-`-Ll---- - ~ fLi~.le,iz/
- o~--. -----..----.----.--...----~------------t~
_ . ~
STATE OF FLORtDA,
COUNTY C)F~fif~Gd~ ~
I HEREBY CERTIFY that on this day, beforc me~ an
officor duly authorized in the Stat~ a[orcsaid and in the County aforesaid to tak~ acknowledgments, penonaUy appeared
William V. Sherwood and Linda P. Sherwood, His Wife
: to me known to b~ the pcrson S described in and who ezecutcd the foregoinq instrumtnt and they acknowledged
before me that they exccuted the same.
N'I7'NESS my hand and official ual in the County and Statc last aforesaid this o¢~~~' ~ day ol
March A. D. 19 86
~
_
-
_ - ~
- .
''1 ~L~~{~~ Z am a I~otary ~uS1~ ~c~~inTtlie State of'"
Florida; My Commission ~xgires:
~W -9 •`'~7 NBTARY PU8L1C STATE Oi fIQRI
NY C0IMISSIOM EXO, NA'1 Y, 1
eoroEC t~au s~~~~ ia• ~o
F' •
a'3~~496 P~rf 9i~
Tltu In.strunte~t! prepared by:
Addre.~r
;
. ,...,..-..x__,~,:_: . -
- ~ _ . . _l~ _ _ - - t- Y
_ . . . _ . ~ ~ ~
~