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HomeMy WebLinkAbout0385r- ~1. R. ~~, ~ ~ 45 rACE3~J ao~r 8.,.~K _~ and shall pbgforr~i~~~r-Q~j~i:~-s¢idA4~c~. b~Cd~-~sN~iT~•~~~.AGe adreentents, stipulatiorta, conditions and covenants th!reoJ, anc~ of th}s-mortgage, then this ntwtgage and the estate hereby created, shall cease, de- termine and he null anc{ void~- Iln~ the mortgagor hereby further covenants and agrees to pay promptly when due fhe principal and interest and other sums of money provided (or in said note and this mortgage, or either; to pay all and singular IItP taxes, assessments, levies. liabilities, obligations, and encumbrances of every nature on said pro- perty: fa permit, commit or suffer no waste, impairment or deterioration of said land or the improvements therPOit nt anv limp; to l;Pep the buildings now or hereafter on said land fully insured in a sum of not less than l• be held 1 d ble in n rompnny or compnniPS ncc~table !o the mortgagee, fhe policy or po tries to ,y, an paya to, snid mortgag~+e, and in the event any sum o) money becomes payable by virhte of such insurance the mortgagee shall {love the right to receive and apply rite some fo the indebtedness hereby secured, ncceuniis~g fo the mortgagor Jor any surplus; to pay all costs, charges, and expenses, incl!~t{in~ latuyer's lees and tiflp ~~ senrcltes, reasonably incurred or paid 6y the mortgaged because of the failure of the mortgagor to promptly not{ fully comply with the ct?gLPements, stipulations, conditions and covenants of said note and f{tis mortgage, ar ei:her: to perform, comply with and abide by each and every_ the agreements, stipulations, conditions nnc{ covenants set forth in snid Hate and this mortgage or either. In the event the mortgagor Jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this morlgagP, o• either, fhe mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right herPUnder,~_ rrtd all such t,ayments shall bear interest Jrom, date t{tereoJ at t{te highest Inw- f ul raie then allowed by the Tutus of the Stafe• of Florida. s ' be not rom tl aid within clays rte~t otter ~! nny sum of money herein referrer to p P Y P the same 6e<-om.-s due, or if each and Pvery the agreements, slipu'lations, conditions ant{ covenants of said note and this morlgagP, or either, are not fully perforated, complied with and abided by. then the entire sum mentioned :n said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option nJ the mortgagee, become and be due and payable, anything in said note or herein to the rontrnry notu,ithstnnding. Failure by the mortgagee to exenise any of the rights or options herein s: pmvidPd shall not cons!ihrtP n waiver of nny rights ~r options under said note or this morlgagP accrue or thereat ter accruing. ~n ~tt~eSS thereof, the snid mortgagor has~reunto signed and Sealed these presents the day nor{ year first nbovP written. Signed, sPnled and delivered in the presence oJ: / ~ , /~ _. STATE OF FLORiD.~, C(~t'\T1' OF $t„ LUClt' I HEREBY CERTIFY that on this day, before roe, an officer dul~• authorized in the Stair aforesaid end in the County aforesaid to take acknowltdgmrnts, personally appeared Edward B. Traub and Ethel M. Traub, his wife to mr known to he the persons described in ar.d who execu :ad the foregoing instrument and they acknowledged hefore me that they executed the same. N'ITNF,SS my hand and official seal in the County and Stair last aforesaid this 1St day of November A. D. is 62 ^^ . FI AN ~ECDR ED ~ p 1f Notary Pub!i~, State of F'orida a• Largs ~;.• ~ ',.,z, ~'~'!''' ~. on Expires Dac. in, 196/;, .,; ) Commss M 00 IN i~'~ 1~Or (~ U R ~1 , y Bonded by Amencan aurety Go~ot tY, ~. - •~ l -~ ',~ ~ ~ 1962 t~OV -7 ~iM 8: -+~ - e = - _... OGER~pO~TRAS, CLERK ~ ' - _ _ .~'',~~ ~"-• ~ 'v • ' ' j _ :;LCCIE COUNTY. FLOklDA ~ ~~ •~ ~: ~ •: ~ , ^s • 1 ~ • . t J ~~ ~ - ~ i t iV ~. . • ~' ~ r :I , • • ` ~