HomeMy WebLinkAbout0620 qn~{ shal~ perform, i•omp~y u~it{~ nnc~ af~ic~e hy each ancl ei~ery t~e agreemenls, stipu~ations, condifians anel
coi~enants thPreo(, and of this mortgac~e. lhPn t{?is mortgage and tf~e estate f?ereby crpatec~, ~hall eease, de-
termine a?od be null and i~oid.
th~ mwtgQgor her~~hy f urfher covenants anc~ agree~ to pay prompf~y w~en c~ue lhe principal and
interiyst nnd ather sums o) money prouided for in said note ancl tht~t mortgnge, or either; ta pay all and
sinc~ular the taxes, assessments, ~ei~ies, ~ia6ilities, o6ligutioris, and encum6rancea o~ euery nature on said pro-
perty; to permil, commit or sujjer reo waste, impai~ment or deteriomtion af aaic{ ~and or the improvements
thereon'at any time; to ~PPp ~~P 6uildings now or hereafter on Qaid Iand ~ully insured in a~um of no! less
lhan Six hundx'ed doll~ur'a
in a company or companies acrepta~~e !o fhe mortgagee, t~e po~icy or Qo~icies to be held 6y, and payable
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to, said mortgagee, and in !he event any sum of money becomea paya6le 6y virtue oE such insurunce the
' mortgagee sf~aU haue tf?e riqht to receive ancl app~y the same to the indebtedness here6y ~~cured, accounting
to the mortgac~or for any surp~~is; to pay al~ casts, charqes, anc{ expenses, inc~ut~ing ~awyer~s Jees anc~ tit~e!
senrc{~es, reasona6~y incurrec~ or paid hy t{?e mortgugee 6ecause o~ the ~a, .re o~ the mortgagor to prompt~y
nnc~ ~u~~y comp~y with the agreements, stipulations, conditions and covenants o~ saic~ note and t~is mortgage,
I or either; to perform, comply u~ith anc{ ahide 6y ear~ and every the ngreements, stipulations, conditions and
co~~enants set ~orth in said note and t{?is mortgage or either. In the event tlie mortgagor fails to pay when
due any tax, nssessment, insurance premium or other sum of money payable 6y virtuP o/ said note anc~ this
mortgage, or eit{~er, the mortga,qee may pay t~te same, wit~c~ut waiving or a~~ecting the opfion to ~oreclose
or nny other right {iereunc~er, and all suc1~ payments shall bear intprest from date thereof at the highest law-
,u~ r~ite tE~en a~~owec~ ~y f{ie ~aws oJ f{~e State of t'~orit~a.
~l any sum oJ money I~Prein reierrecl to he not prompt~y paid within 30 clays next afler
the snme bpcomes due, or i j each and e~~ery thP a9reements, sttpulations, conditions and covenants o( said
note and thrs mortgage, or e~ither, are not f ully per~ornted, comp~ied with and a6ided 6y, then the enlire
surn mentioned in said note, and this mortgage, or t{?e entire 6alance unpaid thereon, s{?all forthwith or
therenjter, at the option o~ the morfgugce, hecome anc~ he c~ue and paqah~e, any!{~ing in saic~ note or herein
to !~e contrnry notu~it)istanclinq. Failurp hy t{~e rriortgagee to exereise any oj the rights or options herein I
prouic~P~ sha~l not constitute a wairer of any rig{?ts or options under said n~te or this mortflage accruec~ or i
i{ier~a~l~r accruing. ~
~n ~itness ~hereof~ t{ic~ snid mort4auor hns hPreunto signed ancl s~alecl tFtese presents tFte I
day and year /irst a6oi~e u~ritten. i
Sigri sealed and deliner i?i the presence o~: i
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i STATE OF FLORIDA,
I COL'\T1' OF S`r. LUCIE ~
I HEREBY CERTIFY that on this day, before ine, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally app~eared
HAYr~00D W. BI:~LES and NELL C. BI~L~S, his vi:'e~
to me known to be the person3 described in and who ex~cuted the foreqoinq instrument and Wtld acknowledgeti I
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be(ore me that they executed the same.
«'IT~ES5 my hand and of~icial seal in the Count}• and Statc last aforesaid this First day of
OCtGb£Y` A. D. 19 EjSo
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