HomeMy WebLinkAbout2050 rtn~{ shal~ perform, comp~v wil~ nncj abi~p ~y eac~ anc~ e~~ery t~e agreements, sfipu~ationi, cortditioni oru~
conenanls tf~ereo/, and o~ this mortgnge, I~en tl~is mortgage and llte estate here6y cYeated, thall cense, d~-
IPrmine ond 6e null and t~oid.
IULY ftiP mortga~or ti~n•by (urt~er covenants and ogrpes to pay prompf~y w{?en due th~ princtpa! and
intPrpsf and other sums o~ money provic~ec~ ~or in saic~ note anc~ t~is mortgage, or eit~er; !o pay u~~ ~
singulnr the taxps, asspssmenfs, levies, lia6ilities, o6ligalions, and encum6ronces o~ euehr nature on snid pro-
pe?!y: to pennil, ~ommi! or au((er no waste, impairment or t~eterto?ntion oj sntc~ ~ant~ or ttie improuemenfi
fhPrron nt any time; 10 ~ePp 1he 6uildings nou~ or herpa(~e~ on ~aid land Jully insured in a sum of not les:
~ti°" highest insurable valuet
in n company or companles nccrptnb~e to the n~o?tgngee, the po~Icyr ot po~ictes !o Eie ~e~ by, ~d ~yabG
fo, said rnortgaqee, n~d in tRe event any suni o/ money becomes pnya64 by virtue o/ such iniuranc~ the
morfgagee sf~a~~ I~n~~P II~P rigl~t to ?M'PIUP nnd opply tl~p sam~ to tl~e inde6tednes: hereby secund, accountfng
to fhe mo?tgagor jor nny surp~us; fo pny a~~ coats, charges, and expenset, inc~utling ~awyers fett and title
senrc~ps. rpasona6ly inc~arec~ or ~~d 6y ~kp mortgngee becnust o~ t~e (aslure o( the mortga{~or to prompf~r
anc~ ~u~~y comply wilh fl~p agseenienfe, stipu~ations, condiliont and couenunts o~ snid note ane~ thtt ntortgage,
or eittier; lo ppr~orm. ~omp~y wit~ and a6ide 6y each nnd euery tl~e agreements> stipu~tions, condifions an~
coi~enants set f
ortF~ in said note and this rrtortgage or either. In the event the mortgagor /nilt to pay when
due any tax, assessmpnf, insurance prerreium or otf~er sum o/ money pnqable br ~irtue of said not~ and tl~is
~ mortgage, or eifher, ftie mortgngee mny pay ttie same, withouf iuatuing or o~fecting t{ee option to jorec~ose
or any other rigl~t {~erPUnder, anc~ aII such payment~ :~aII bpar interest frorrt dale tl~ereo) ut tf?e 1~ighest ~aw-
(u~ rate then allowec~ by t1~e ~au~s o~ the Sfate o( F~oridn.
~any sum o~ money ~erein re~erred to 6e not prompt~y paid within fifteen c~nyt next a(ter
tF~e same bvcomes due, or i~ eacl~ and enery the agreerrtents, stipulntions, condiliont and covenanU o~ said
note and this mortgage, or either, nre not /ully perJor?ned, complied u~i1h -nnd a6ided by, then tl~e e~f~re
~um mentioned in ~aid note, and this ~rtorlgnge, or the entire ba~unce unpnid the?ron, sknU (orlhwitX o?
therea(ter, at tl~e optton o~ the rr~ortgngee, 6ecome and be due and pnya6le, anytl~ing in said note or I~tnin
fo tf~e confra?y notwitkstanding. Fni~ure ~y t~e morfgagee fo exerciie any o~ t{~e rig~ts or optiona kerein
pro~~icled sha~~ not constifute a u~uiner o` any riA~ts or oplions unc~er said ROIP or fhia neortgage accruetl or
!he?eaJlpr accruing.
` ~n ~itness ~hereof
~ t{~e saic~ morfqagor has hpreunto signec~ anc~ spaled theie presents tha
~ay an~ yPar ~irs! ahone u~riflen.
i
; Signed, n del' in the presence of :
F ,
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` WITN ~ ARGO JR.
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~ WITNESS
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~ ~ JRN 24 P 3'~
~ 1021231
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FILEL~ ANU REl:utc~~c~_
STATE OF FGORIDA, DOUGLAS ~JIXON CLf~::
~ COUNTY OF ~ S1. L~Ci~ j~NTY.
~ St. ~7L1C1@ I HEREBY CERTIFY that on thia day~ before me~ an
~ of(icer duty authorized in the Stat~ aforesaid and in the County afor~said to ake acknowkd~menq, penonally appearcd
#
~ William Vargo Jr.
to me known to br eh~ pe~rson described in and who executed the tote~oin~ instrumertt and Whp acknowkdRed
before me that he caecuted the iame.
WITNESS my hand and o(ficial seal in the County and Satc I~st aforesaid thu 16th e, ~ ~r
~...e:3.;;'•- r.
January A. D. 19 90. ~ :^~o
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` NOT 'Y PUBLIC .
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~ My commission expires : ~ '
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NO'A?Y FUBL?C STATE OF FLORiDA
KY C4.YriISSIUH EXP. A~Ju.22,1593
BOrtOfO TtiRU GEFiER.~iI ItiS. Ut~D.
eooK 674 ~~cF 245Q ~ ,
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