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HomeMy WebLinkAbout0432 nn~i shall p~,Jorm. ~omply u~ith and a6ide by Pn~•h and Pf~P/'y tfie agreements, stipuln~ions, condilions and cot~enants Ihereof, and o~ this mortgngP, t{~pn Il~is mortgaqe and fhe e:tate here6y creafed, ahall cease, de- iermine ancl 6e null anc~ noerl. lln~ ftiP mor~ya~or her~~hy ~urtJ?er couenanls an~ agrees to pay prompt~y when due the principel and intprvst and ofher sums o~ money provided ~or in sai~ note and !F?is mortgage, or either; to pay a~~ nnd singular t{~e tn.rPS, assessments, levies, liabilifies, o6ligations, ana~ encum6runces of euery nnlure on said pro- perty; fo permil, e~ommit or sa~jPr no wasfe, impairmenf or deteriorafion o~ saic{ ~ant~ or t~e improvemenfa th~reon nt nny lime; fo ~reep ttie 6ui~dings nou~ or I~eraaf t~r on said lnnd ~u~Iy ins~{red in a sum oj not ~est than ~JL,L INSIJRABI,E VAI,UE in a ~ompany or compnntes acceptn6le to tf~e mortgagee, t~e po~icy o~ po~ic~es to 6e ~e~ by, anet puyable lo, sai~ morfgagee, anc{ in t~ee event nny su~n o( money becomes ~ya6l~ by virtue of suc~ iniurnnce t~e mortgngPe s~a~~ ha~~e fhe rig~t to receiue and app[y the snme to the indebtedness ~ereby secured, nceounting fo fhe mortgagor ~or nny s~up~ua: to pay a~~ cosfs, c~arges, and expenses, inc~uc~ing ~awye?~s `ts~ nnd fit~e SPaM~PS. ~PASORQ6[y inc~~rred or paic{ by t1~e mnrtgagee 5ecnuse o( the (ai~ure o~ tl?e mortgagor to prom~?t~y anc~ ~ully comp~y u~il{t thP agreprrtenfs, sfipu~ntiora, conclilions and co~enants o~ saicj note and t~~s mortgnge, or eit~er: lo ppr~orm, c-ompjy u~ith and a6irle 6y eacl~ and every lhe agreernenls, stipu~ntions, conditfont and coi~ennnts set jorth in said note and f{~is mortgnge or either. In !he event the ?nortgagor ~aiLs to pny when due any inx, asspssmenf. insurance premium or ot{~er sum o) money pnyable by virtue of said note and tltis mortgage, or PII~PP. !tie morlgagee may pny the same. +uithoul tuaiving or o~~ecting !~e option !o ~orec~ose or any other ~ight hereunder, nnd aIl st~c{~ pnyments shall 6ear interes! )ro?n dafe tltereo~ at the I+ighest law- (tiI rate tf~~n nllowed by the Iaws o~ t~e State o/ F~orida. any sum o( money I~er~ein re~errer~ io tie not prompt~y paic~ wit~in ~~R~ c~ays next a~ter tl~e snme becomes due, or if eacF~ and ei~ery t~e agreemenfs, sfipu~ntio?u, condltions and couennnts o~ said note nnd tl~is mortgnge. or eit!?pr, are not /ully perf ormed, complied wifh -and a6~ded by. tl~en the entire sum mentioned in ioid note, and lhis morlgage, or th e entire balance unpaid therpon, s1~aU ~ortF~witlt or t~erea~ler, at f{~e option of !~e rnortgagee. ~ecom¢ nncl be due and payn6le, anyt~ing in said note or herein fo !he confrary notwitl~standing. Failure by tf~e mortgagee to exercise nnY oJ f~e rig~t~ or optians ~eretn prot~ic~ed s~a~l not consfih~fe a u~aic~er o~ any rig~fs or oplions un~er snie~ rtote or ttiis ntortgage accrued or ~ f~erea~fer nccruing. I ] is,, L~,,_ ` t in ~~Lll~ ~Ii~L~~l~ d mort a or !tie sai q g ~as hrreunlo signec~ and spa~ec~ these presrnfs t~p ~ day and yPar /irst ahore u?ritfen. I g Signed, senlec~ and clelinprp~ in the presence of : , , c ~-y~, ~ ' .k, ~ .....4~-- ....~'~C..a v::v...........---- ~ _ . Y . . . ~ - 4 ; _ . - - .L ~R- . . . - ; ; . ; l , ~ '90 JAN 22 P~2 ~2~ ~ F - - , ioz~a72 . . - iL~ i.,~ . ~~~~Mr~`. _ i rf~t~ . E j .y , i ~ STATE OF FLORIDA. ~ COUNTY OF ~TIN I HEREBY CERTIFY that on this dar, be[ore me. an of[icer duly authorized in tht Stat~ a[oreiaid and in the County a(w~said to take acknowkdSments, perwnailp appeared GARY LEE TAYIAR and TIItRI LYN TAYIAR, his wife to me known to br th~ penon S deuribed in aod who ezecuted the foreqoin4 instrument and they acknowkdRed beforc me tfiat they ~x~cuted the wme. WITNESS my hand and otficial xal in the County and Sate lait a(oraaid this 1~- dar of JANiTARY A. D. 19 9O pFFICtAI SfAI . . W1lCE5 . . . a~:ct ~ NO'LARY C- STATE OF r*iQ1ARY µ~,s.,~ p„~,,t~: Sta'e u1 FMr~da SEAL Mr Coramlo' 1590 ~~es Ju r MY COrAiISSION ~CPIRFS: do~~ s74 P~ 4~ . . s"~~~...~ ..~T. -~r. .~s .^k"~~~~.'£n~.l~~i-~£~~ y^` _ `