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HomeMy WebLinkAbout2112' ~tl. K t. .. ~~c c .J - curd shnll perform, ramply u~ifh and nbidq~r~, '~~~I~ny.~t'~'f?'~f~~,{pfl-eemenls, stipulalloru, conditions and covenants Thereof, and of ibis rrorigafle, !{ten ehii mortgage~rand• the estate hereby created, shall cease, de- termir~e and 6e null and volcl. _ ~~~ ?he rnurfftagor hereby fun{rev covenants and agrees !o pe; prompfly w{ten duo the principal and intoresl and other sums aJ money nrontded Jor i•t said note and t{rIs mortgage, or rilher;, to pcry all and singular the ;ayes, assessments, Ievies, linl~tliNas, obligations, and encumbrances of every nature on said pro- perly; la tavmil, commit or suffer no waste, impalrmert! or detertoratton of -sold land or f{re improven:sofa thorron nt any tiros; to {veep the Luildings now or hereafter on sold Iand fully insured in a sum of oaf less' 1-ran Four Thousand and N~,/Y.aQ- - - - - - - - - - Dp gre in n company or companies arreptar,lr~ fo fire mortgagee, !Ir_v pottcy or pohrieY :o bo Fre~~ -ty, emd payable to, said mortgnr)e.~, and in the event any sum of moray becomes poyuble 6y virtue of suc{- insurance the mortgagee shall have the right to reretve and apply the same to the indebtedness hereby secnre<l, accounting fn 1{re morfgnttor Jar any surplus: fo pay all crosfs, charges, and e.rpcnses, inc•Iuclfng lawyers Jees and Nlle searches, reasonable incurrec? or paid 6y t{re mortgagee bP('aUlP o) the failure of the mortgagor fo promptly noel (telly comply willr the agreements, stipulations, conditions and cor*enants of said note and this mortgage. or c~ifher; fo perform, comply with and abtdc: by each and every the agreements. stiptslafions, conditions and covenants set Jorlh in acid note and thts'morfgage or elf{ter. In fire event the mortgagor toffs to pny when due any fax, assessment, insurance prmnium or other sum of money payable by virtue of said Hole and this mortgage, er etfhe-, fire mortgagee may pay the acme, urifhoul waiving or afJecttng t{te option to foreclose or any other right hereunder, and all such payments shall bear interest horn date thereof at the highest law- f ul rata 1{ten allowed by the Taws of the State of Florida. - __ ` .,~ • ~l any snm of manes herein referred !0 6e not prompfly paid wtthen thirty days next after the same becomes due, or if each and every the agreements, stlpulattonr. condlfiona and covenants of said noto and this mortgage, or either, arc not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire bahsnce unpaid thereon, shall forthwith or t{IPTPafter, at the option of the mortgagee, become and be due andpayable, anything in said note or herein to the contrary no!withslandtng. F'atlure by the mortgagee to exercise any of the righla or options hereto provided shall not conslifufe awaiver of arty rights or options under said note or this mortgage accrued or thereafter accruing. ~It ~tttleSS ~dhereof, the a id mortgagor has hereunto signed and sealed these presents the day and year first above tvritfen. ~"~/! S / f ~ ~~ ~'~ ~I~'f„~ ~'~ S ~~ Si d, sealed nnrl deliverod in the presence of ' ~~ _' r ~ ~ ~ STATE OF FLnRiDA, Cc)U:~'TY c)F $t. ~,uoie •. I IiEREBY CERTIFY that on this day, before me, an officer duly authorized in the Starr aforesaid and in the County aforesaid to take acknow!edgrnerrta, personally appeared sus Billings and Onie Bi?linge, hie wife to me known to be the persons described in and who executed the foregoing instrument and tl183- acknowledged before me that the3- rxccuted the same. 1YITNESS my hand and official ual in the County and State last aforesaid this a~• day of Deoember ^• D. 19 b2. i ~L~.~.a_:~~ FILEGI AND RECORDED ~,~ ~.~~ 300K ~ ~ A il~ ~ ~. ~ j ..f.4.. .:....... -r• tlota~ublic,Stateol. 'tr`~~~l.ai_t',,t'~,_ My Commission Expirts une2~-1'~oa - ' . c ~vbS.4t` ' {_ ~'• = ~~ ~~ ;~ 19610~C I4 „.,v..~~c~~too: «P. ~ CLERK - ~RA5 ~ ; .~ . ,, . ;'~, ~ ~~~ •`' ''~`'~'"~~ IUCIE C6Ut~TY, f lC QBr.- : _~ ~ ~- ;•: ~.:_+ c; SZ. Ti