HomeMy WebLinkAbout2655 principal and intereat 3nstailment payments xhich beaome due
ten ~e~re from the dnte o! the no~e au~d ~hereafter.
At~d, sub~eot to the foregoing,;the mortgagora hereby
!'urther covenant-and agree to pay promptly Mhen due the principal
and intereat and other $uma o!' money provided for in said note
and this mortgage, or,either; to p~y all the taxea, assessments,
,leviea, liabilities!, obliga.tions, general liability insurance
~ premiums, and encumbrances o!' every nature on said property
(excepting the ~forementioned Prudential mortgage and eaisting
~ and present potential liena); to permlt,-comtnit or suffer no
Kaste, impairment or deter~.ora~lon of said land or the improve-
ments thereon at any time_ ~o pay all costs, charges, and
eapenses, including lawyers' fees and title searches reasonably
incurred or paid by the mortgagees because of the failure of the
mortgagors to promotly and Pully complp xith the agreemen~s,
` stipulations, conditions, and covenants of said note and thia
~
4 mortgage, or either, it being understood that this covenant:
~4 ~ shall not operate to enlarge the limited personal liability
~ ~ of the mortgagors; to perform, comply r?ith and abtde by each and
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. every the agreements, stipulations, conditions, and covenants
set forth in said note and this mortgage, or either, it being
understood that this prov~sion shali not operate to enlarge the
limited pe~sonal liability of the trustees. In the event the
mortgagora fail to pay Nhen due any tauc, assessment, insurance
premiwn or other sum of money pavable by virtue of said note and
f thia mortgage, or either3 the mortgagees may pl~y the aame, withou
Maiving or affecting the option to foreclose or any other right
~ hereutslder, ail such paymenta ah~til bear intereat from the
,
l} date -thei~eo!'~t the hi~hea~ laxful rate then alloMed by the laws ~
'~of the State of ~lo~ida. ~
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