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HomeMy WebLinkAbout1448O. R.~ ~~ 't;R%E ~~ 80~K oral shall perform, comply with and abide by each S~TI' ~t~fW th~~tete?'r-t~~TY; stipulations, rondtlivns and cotenants IltereoJ, and of this nto-fgagP, then this mortgage and the estate hereby created, shall cease, dz- tc•rmine and 6e mull an[l raid. ~l~d the mortga(~or hernby further cotenants and agrees to pay promptly when due the principal and interns! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the ta.ces, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty: io permit, commit or suffer no uenste, impairment or deterioration of said land or the improvements !hereon nl nny lime: to lreep Ilre bu}Idi-tgs rtow or hen>afler on raid land fully insured in a sum of not less tllnn in n company or companies ncrPpln6le to the mortgagee, the policy or policies to 6e {tell by, and payable to, said mortgagee, and in the event grey sum of money becomes payable by virtue of such insurance the ;nortgagee shall I[ave the right to receive and apply the same to the tndebtedne>s hereby secured, accounting to flee mortgagor Jor any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor (o promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and Ibis mortgage. or either; !o perform, comply t~i~h 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 Jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this - mortgage, or either, the mortgagee may pay the same, u[tthout waiving or nffecHng the option to foreclose or any oilier right hPreltltller, and all such payments shall bear interest from date thereof at the highest law- f ul rate then nllotved by the lntvs of the State of Florida. Df any sum of money herein ref erred to be not promptly paid within ~~ Dd YB days next after I HEREBY CERTIFY that on this day, before me, an -r - .1 . r~. '~ the SnmP bPCnnlPa dlle, Or IJ Cacll and every the agreements, stipulations, f0ltClit10I1! soft CO VPnants Of Jaid note and this morlttafte, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thernaffer, at the option nJ the mortgagee, beCOme and be due and payable, anything in said note or herein to the contrary nolu'ithstnncling. Failure by the mortgagee fo exercise anY of the rights or options herein pmrided shall no! constitute n trairPr of any righ's or options ilnder said note or this mortgage accrued or thereafter accruing. ~t`r l~neSS ~here~f, the 5[[i(l mOlt~nQOr hps IIerP[7nt!1 ±t{~[[,`~~ nn[l seated tIIPlP presents the cloy and year first above u•ritien. ~". -~ Signed, sealed and delirerncl in the presence oJ: ~~{I .{ officer dulr• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared NICXOLS R. CLA VIAND dND ELEANOR E, GLA VIAND, xrs wrFE to me known to be the prrso[~ described in and who eaecutrd tl:F foregoing instrument and WHO acknowledged tx•forc me that THEY executed the same. _ / - •- WITNESS my hand and official seal in the County and State last aforesaid this Z 7~4. day of ` (/ ll ti . ` y y ~ , . ,,l , . _: ,,:;, . ~ ~•~ ; ~'~ .............. ............ .. ......7...-...tea.-.......-...-..-.......................-.... ~ , 1~-~$Q4 t O~fi"c~ai -iteRco~ROED 1P,- -- -- --- -GOOK 1362 t~OV.30 ?~1 4: 00 ROGER P0ITRAS, CIERK 4T. LUCIF COUNTY, FLORIDA . .. ~a~ ,4 • .