HomeMy WebLinkAbout0938 _ _ _ _ _ _ .
and 'ahall per~o~m, romp~y u~1lh anc~ ~6ide by ~h an~ eaery ttie agreements, aflpu~aflons, condltlons an~{
eo~~enanls thPreo(, and o~ Ih~s morf~aste. then fhis morl~age and the estal~~~?e6~~ crea~.j~hall cecue, de-
ferMino ancl ~e nuli anc~ vol~. ~ `
i~nd I~P mortga~or I~eruby ~urtl~er covenanfs and agrees lo pay promptly when cIue !he princlpal and
inlerpsl an~ ofher sums oj money provlded /or in Jala nole and Ihis mortgage. or eit~er; !o pay a~~ and
singu~ar ttie ta.res, asspssmenfs, leutes, ~iabtliti~s, ob~tflalions, and encumbrances oJ every nalure on satd pro-
perfy; fo permil. commit or suf~e~ no wasfe, impairmen! or ~eteriorafion o~ aatc~ ~and o~ Ihe lmprovemenfi
f~erecn al any lim~; to kppn thP huiltltn~s nou~ or hereajf~r on sai~ ~anc~ ~ully ins~ue~I in a~ sum o~ nof ~esa
Ihan NIL
in a company or compani~s acceplable to Ihe morfga~ee, ihe policy o~ poltciea fo 6e held 6y, and paya6le
to, saic~ morl~agee. an~ in the ei~ent any sum o` money 6ecomes pnyab~e 6y, utrlue o~ suc~ insurance tke
mortpagee :hal! h~~~p !he right to receive and apply Ihe same to !he inde6tedness hernby secured, accounNng
to t~~ mortga~or Jor any st~rplus: to pay a~~ cosls, cha?ges, anc~ expen~es, including latuyer's ~ees and ltt~e
searc~es, reasonaf~ly incurred or paid 6y the morlgagee because of t{?e ~aijure o/ !he mortgagor !o prompl~y
ant~ (ullv comply u~ilh Ihe agre~menis, sfipu~ations, con~itions an~ eovenants o~ said note anc~ f~is mortgage.
or eiflier; to per~o?m, comply with and abide by each anc~ every !he agreements, siipulations, condlfions and
con~nnnls set forlli i?i said ?iote and this mortgage or either. In ihe vven! the morfgagor ~ai~.s lo pay when
c~ue any tnx, nssessm~nt, insurance premium or ofF~e~ sum oJ money paya6le 6y vtrfue o~ satc~ nofe anc~ 1{~ts
morl~ac~~, or eit~~er, tf~e mort~a~ee may pay fhe same, wtthouf waivinfl or a~~ecling i~e oplion to (orec~ose
or an> o1F~er ripht 1~ereuntler, a?ttl nlI such payments shall 6ear inleresf Jrom date fhereo/ at the highest Inw-
(ul rate Il~~n allou~e~1 by the ~a~us of tF~e State ol F~orida.
~l nny sum o~ money {~erei~i re~errec~ !o he not prompf~y paid within thirty days next n~ter
f~~e same tiecom~s c~uP, or ij enrf~ anc~ ei~ery fhe agreements, stipu~alions, conc~ilions an~ couenanfs o~ saic~
note and this mortf~a~~e, or eilher, are not jully perJormed, complied witF~ and a6~ded 6y, then fhe eniire
sum menfio?ied in said note, a~d this mor~~age, or the entire 6alance unpaid thereon. shall Jorthwiih or
Ihereajter, nf th~ option oJ the mort~agee. 6ecome nnd 6e due and pnya6le, anything tn satd nole or herein
fo ihe conlrary riolu~ifl~stanclin~. Fnilure ~y the mortgagee to exercise any of f~e rig{~ts o~ options heretn
pronic~ec~ s{~a~~ riot CO/IS~lI11IP n u~aii~Pr o( any rifltits or oplions un~Ier saicr nole or this mortgage accrued or
lh~rea~~P~ [1C('1'Ut11(?.
~n ~itness ~hereof~ ~~1P SQi~ morl~agor ~IQS {~er~~mlo 51(~/IPCI an~I sealecl ({~ese presenfs iRA
~ay an~~ yc•ar jirst a~~oi~e inrillp?e_ •
s[g, . SPqIP[~ mu~ t~~~iv~rnt~ in l~~~ pr~s~nce o~:
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''~1~~-~- ~ ~~~-~-r~-rrnrn~,...~------ --i~ - ~ - -
~ ICKEY~ORTON
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STATE OF ~f~~3~~1, SOUTH C OLINA ~
~ COUN'IY t~F ~ G~CIICJ~~_
~ I FIEREBY CERTIFY that on this day, befor~ me, an
of(icer duly authorized in the Stat~ aforesaid and in the C.ountq a(oresaid to tak~ acknowledgmcnts, p~nonally appeared
~ ' RICKEY HORTON
to mr knuwn to Ix~ th~• ~•rson desrribed in and who ex~cuted the fur~coin¢ instrument and he acknowledged
~ before mc that he ~x~cutcd the same.
~~'17:1ESS my h:+nd and of(icial scal in thi• C:ounty and Stat~• last aforesaid this ~l S~ day o[
. ..TULY A. D. 19 87
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'`f ~x . ~ ~ Notary Pub2ic
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' - ' ~ I~Iy comrnission e~cpires:
Nolsry PuS!ic, South Carolina S!a!o at La
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' ~ . - MY Com+rrssion Expiroi Nov. 9, 1993
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'g? AUG 27 P 1 :27
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~OOUGI_ ; ~ ^ ~ ° ? 0 ~ K e~
!%u /~rs~nifu~nl p~cpnn•Jhy: ST. LUC'E BOCK~~V PACE 9J~
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