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HomeMy WebLinkAbout1690PAGE29U and shall perform, comply with and abide by each andTi l U I~~O~~~.+tipulationa. conditions rand corennnls IhereoJ, and of tha morfgoge, then this mortgage and the estate hereby created, shall caress. de- termine and 6e null and void. the mortgagor hereby further cownnnts rand agrees fo pay promptly when dw the principal and interest and other sums of money provided Jor in said note and tha mortgage. or either: to pay all and aingulnr the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; to pvtmlt, commit or suf ter no waste. impairment or deterioration of said land or the improvements !hereon at any time: to Iteep the buildings now or hereafter on said land fully insured to a sum of not less than the prinoipgl amount of thi• l[ortgag~ in a company or companies acceptable to the rno-tgngee, the policy or policies to be held by, and payable to, snid mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall haw the right to recetw and apply the same to the indebtedneu hereby secured, accounting to the mortgagor Jor any surplw: to pay rail costs, charges, rand expenses, including lawyer i fees and tilt searches. reasonably incurred or paid by the mortgagee becnwe of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, rnndttions and covenant of said note and thi. mortgage, or either; to perform, comply with and abide by each and every the agreements. stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor f sib to pay when due any tax, assessment, tnsurann premium or other sutra of money payable by virtue of said note and tha rnorfgnge, or either, the mortgagee may pray the same. without waiving or of fatting the option to foreclose or any other right hereunder, and nU such payments ahnU bear interest from date thereof at the highest law- Jul rate then allowed by the laws of the State of Florida. ~` any sum of money herein referred to be not promptly paid within thirt? days next of ter the same becomes due, or tJ each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed. complied with and abided by, then the entire sum mentioned in said note. and ibis mortgage. or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee. become and be dw and payable, anything in sold note or herein to the contrary nottutthstanding. Failuro by the mortgagee to exert:tse any of the righa or options herein provided •hnU not constitute a waiver of any right or options under snid note or this mortgage oaxtted or thereafter accruing. ~n ~~~ ~t~tOf, the said mortgagor has hereunto signed and sealed these present the day and year first above written. Signed. led and to the sent f ~~+,',[~•.Q~~F FLORIDA. ~~ ,:: ~~~+r ;qF !'ll#IAT LUOIs ,.,v I HER$EY CERTIFY that oa this ds1. before me, an 'Btlicelt; i~Iir`sh~Zhoriud is the State a[oraaid and in the County a[oresaid to take acknawledsments, penonaUy appearcd ,, ' ~.~ ""_ ' a _ aaad I~ILD~D Ii~TPP=L. hie xila, ., . :! J L 1 • •~~ • • I~1PP'7~. , ~ • • io,trument sad the acknowledsed r '• to ~: ~ be the person i d~n•>~ ~ and veto executed the [oersoins ~ ~ . ~(~• ~. gat t,~, ezccuted the same. C ~- ~ ~ r' ~WiTNF.S3 rap hand sad dtlcial seal in the Couatr and State last a[oresaid this Zlth day d fntu~ A. D. 19 62 • ~u18Us 1N RECOROFp _' BQOK .f ,. _ ~`` •' ;' ,J = J;-~:~ ~~:ice. . :~ ~J , ., ._r, RQGfR PQITRAS CIERK ;: _ ., •~• ~~~;~:. Ste lUC1E COUNt1', FLORIDA '~ .~~ • 1961,~p1y I i PM 3: i I f ~iu.~~.:e. Oy :.~z~cs._,:r 5u:r:y , .~. of ;~. Y, •