HomeMy WebLinkAbout1039 and ~hal! p~~f onrz, comp~y witk an~ ahide by eac{? ur~d eoery t~?e agreernenta, sHpu~atlans, conditions o?~
covennnt~ fhereo f, and o~ tkia mortgage, t~en this mortgnge and t{~e estate hsre~y crsated, ahail cease, de-
termine and be null ant~ i~oid.
~ tke mort9agor I~eniby furtker covenants and ag?ee~ to pay promptly wlun due ths principal and
interest and ot1?er ~rums o, money providec~ ~or in :aid note nnd lkia ?nortgage, or ~ithsr; fo pay n~~ and
singu~ar the taxea, assessments, ~evles, Iia6i~itiea, ob~i~atio?u, nnd encumbrances of every nature on said pro-
perty: to permit, commit or su~Jer no wasie, impal~ment or deterioralfon of =atd tand or tke improvementi
~he+fean at any time; to ke~p ~he buildings now or herpa)ter on said lund ~ully in:us~ecl in a sum of nat leas
than
in a company or companies acceptab~e to t~?e martgngee, t~e po~icy o~ po~icies to be ~?e~ 6y, ~d ~ya51~
to, yaid mortgagee, anc~ in !he event any se~m oj money becomea ~ya6l~ by uirtue of suc~ insw+nnce t~e
mortgagee shall have t~e right to receive and apply the yame to t1~e inde6tedaeas here6y ~ecured, accounting
to fhe r?tortgagor jor any surp~twt: ta pay a~~ coats, chargea, antj expenaes, inc~uding ~awyer~s `ees anc~ tit~e
searcfees, reasonably incwre~ or paid by t{~e mortgagee 6ecawe of the ~nilure o~ the mortgagar to promptly
and (ully comply with the agreements, stipulations, conc~itiona and covenants of snid note and t{~ia mortgage,
or eifher: to per~orm, comply wit~ anc~ abide 6y s~i? ~?~d every ihe agreements, atipuGntions, caru~ition~ and
covenants set ~orth in said note and this rnortgage or either. In tRe event the mortgagor faili to pay wl?en
due any tax, asaessment, insurance premium or ot{~er sum of money paynble 6y virtue of said note ant{ t~ia
mortgage, or either, the mortgagee may pay the same, iuit~tout waiving or af~ecting the opfion to forec~aae
or any other rigl~t hereunder, an~ all such payments shall 6ear interest (rom clate thereo/ at the higltest ~aw-
f ul rate then allou~ed by the laws o~ the State of Florida.
any sum uf money {~erein re(erret~ to be not prompt~y paid within t:~~ r~,y ~ays next af ter
the same becomes due, or if each and euery the agreements, stipulations, conditions and covenants o~ aaid
riote anc{ this rnortgage, or either, are not ~ul1y performec~, complied with and ab~ded by, t~en !?~e entire
sum mentioned in said note, and this mortgage, or fhe entire bnlance unpaid thereon, af~nll fortl?witl? or
therea(ter, at ihe option o~ the rnortgagee, 6ecome and 6e due and pnyable, anything in aaid note or 1?erefn
to t~?e contrary notwit{~standing. Fai~ure by t{~e mortgagee to exercise any of t~?e rig{tts or options herern
pro~~ided sha~~ not constitute a wniver of any rights or options under sai~ note or t{?is mortgage accruec~ or
therea~ter accruing.
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Dn ~~~~s ~ t~e said mortgagor has ~ereunto signec~ and sealed these presents the
c~ay ant~ year jirst a~ore written.
Signed, sealed and delii~ered in the presence oj:
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STAT~ OF FLORIDA, ~
I COL'NTY OF S~. , Z.llC }
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to taE~ acknowledgments, personally appeared
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i to me known ta be thr person descritred in and who eaccuted the forego~rg instrument and :~r acknowledged
before me that~,p executed the same.
WITNESS my har.d and official seal in thc County an~! Statc last aforesaid this jy^ day uf
t n1,n r A. D. 19 ,
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