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HomeMy WebLinkAbout1165 3 • ~t 5 and tI~nII per~orm, comply wil~ an~ abtc{e by ear~ an~ e~~ery fha agreemenM, sttpulatloni, conc~(Ilons ond ~ co~~enanls thereol, nncl of t'~is mprtflape, fhen f~1t r?torlgaee artd ths eslale l~ere6r neafe~t~, shal~ ceaae, de- lermtne anc~ be nt+Il and ooid. Il~~ I~A mort~a~or ~~en+hy ~url~er cot~enanlt and egreea to par prompfly when due fhe principa~ and tntereat and ofjier sums a~ money provided /or tn antd note and 1~ls rnorfgage, or eit~er; !o pay aIl and sJngular the ~pYPS, assessrnenls, ~evies, Ita6iltlies, o6~igaltons, ond encum~rnnces o~ every nalure on sald pro- perty; !o permtl, co?nmit or sujfer no waste, Impairmenl or c~etertoratlon o~ aat~ ~and or fhe improvemenla f~erecn at any Iim~; fo ~~Pp 1~~e tiui~~tngs nou~ or tierPa~f~r on sQid ~art~ ~ul~y tru~uec~ in a sum oj nof ~PSs ii~aR the full insurable value of the improvements in a company or companies accepfab~e !o the morlgagee. !~e po~tcyr o~ policies to be ~e~ by, un~ payal~Ie to, aaie~ mortgagep, anc~ in I~p everet any surr~ o~ money becomea ~yn6le by ut?tue b~ such tnsurance th~ mortgagee s/~o~l ~a~~e ff~e right lo recelve and applq the same to the indebfedneas herebr aecured, accoun!!ng [0 1{~e mortga~or ~o~ any surplus: to pny a~l c~otft, char~ges, and earpenie:, tncl~~rllnA ~auryer~s ~ers an~ til~e searc~es, reasonab~y incurrc~I or pni~ by the mortgagee 6erause o~ t~e Joi~ura o~ l~e rnortgagor fo prompt~y aru~ ~ully comply u~ifl~ II~e agrermenls, sttpu~afions, conc~lltons nnd covenanfs o~ said nofe nnc~ fhis morfgnge, ot eitl~er; io per/orm, comply with and a6ide 6y eack and euery tke agreemenls, slipulattons, condilions nnd covennnfs set ~orl~ in said note and t/~tt mo?fgage or eit~er. ~n i~e evenf f~e mortgagor jai~s to pay w~en due any tax, nssessm~nt, insi~rance premium or oil~er sum o/ money parable 6y virtue oj snid nole and t/?is mortgage, o~ eit~?er, Ihe mortgag~e may pay fhe same, u~ilhou! watving or a(fecting t~ie option (o foreclose or any ofl~er ri~i~t F~erPUnc~er, ancl aII such pay~nents al~all bear inleresi ~rom c{afe thereoj at !he htghaat Iaiv- ~u~ rnle ~hen alloiued 6y Il~e Iau~a o/ tl~e State o/ F~oridn. ~L any sum o( mori~y herein re(e?recr fo be not promptly paid wtlhtn 30 daqs next a~ter t{~e suma ~ecomes ~u~, or iJ e~ch and every f~ie agreemenls, stipu~attons. conc~itton~ an~ c~ot~enanfs o~ sate~ note and i1~is moN~a~~, ar either, a~e not fu1~y performec~, complted wtth a?tc~ abFded by. !/~en llep eretire sum mentioned in said notp, and fhis morlgage, or t~e ent~re balance unpaid tl~ereon, ahall /oHhu~itl~ o? thereo/~er, at th~ option o/ ~he rnorfgagee, become end 6e due and paya6le, anytl~ing tn satd nofe or heretn fo f~ee conirary nolu~ill~standing. Foilure 6y il,~ mortgaAee to exer~ctse nny o~ ttie right~ o~ opttons here7n provid~d s~a~~ not constitute a u~ainpr o~ any rtg{~is or options unc~er snic~ note or ihts rnorfgage accrued or t~ereaf ter accruinfl. ~n ~itness ~hereof~ the said morigagor hns hereunto aigned and sealed t1?ese presenis ~I~e clay an~ year Jirs1 ntiove u~rillen. Signed, sealed and deli~~ered in lF~e pr~sence o~: ~i, u r • - • • • • • - . ~..'L1,........._..•-.--....~ ~ R~ R W. DAVIS, JR. , ~ ~ - . . . ~uX-d-------.........._... ~ - . ~ J NICE H.~DAVIS ~ STATE OF FLORIDA, ~ COUNTY OF I HEREBY CERTIFY that on thi~ day, before me, an offic~r duly authorized in the Stat~ aforesaid and in the County aforeuid to take uknowledaments, pcnonally appexred ~ RQGER W. DAVIS, JR. and JANICE H. DAVIS, his wife, 1 to me known to F?r the prrson described in and who executed the for~~oinq instrument and they acknowled~ed i bt(orc me that they ~x~cuted the same. WI7'NESS my hand and official seal in thc County and Statc last afortsaid thi~ aQ 7µ ~O.it diy oI A. D. 19 t"` .r: _ - - - ~Mq~aiitt~~~~~~`'' - - . i ~r~ ~ _{.h ~ ~'',s~ ) : (~.laG~:~ w. ~ ~ •C'~-G • . .~.:r_ .~~4.Q'~,~r.... . . Notary Public , . 4` ~ s • .}x"~ j4:i~~~~~4?'z. ~M~ 'pjG~-~•.=4.a R~~41rp _ a ~ ~ ' ~i wO~r~E~ y,~~11~ . ~ t - ~~~~~,1 q ~1~"~~ , ~4RM N?,... ~'d'~~.,. - . . ~ ~`''rnir:;aeaN~```~ . . < TIMOTHY R. MOORHEAD, Esq. Post Office Box 2828 t7,u I,u?,~„~F,r~ p?~p~,~~ hy: O.rlando, Florida 32~02 Addre~u eoo~ 674 ~cEi165 ! ~ ~ ~ ~ ~ -