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HomeMy WebLinkAbout0624and shall perform, comply with and abide 6y each and every the agnentent, attpulattoru. conditions and covenants lhereoJ, and of this mortgage, then fht mortgage and the estate herby crated. shall cease, de- termins and be null and void. the mortgagor hereby ftuth.r covenant and ogress to pay promptly when des the principal and interest and other sums of money provided jar in sold note and tht mortgage. or either; to pay all and singular the taxes, assessment, levies, ltabtlitiea, o6ltgationa, and enetimbrortcele of every nature on said pro- perty: to permit, commit or suJjer no waste. impairment or deterioration of said land or the improvement lhereott of an time: to lice tht buildings now or kerwajter.on said trend fully insured in a sum of not less than 1~i0 USAND AND NO/100 -in a company or companies at±eeptable to the mortgagee. the policy or policies to be held 6y, and payabb to, said mortgagee, acid in the event any sum of money becomes payable by vtrtw of such tnsurartw the mortgagee steal! have the right to receive and apply the came to the indebtedness hereby second, accounting to the mortgagor Jor any surplus: to pay aU cost. charges. and expenses. including lawyer's fees and fifb searches, reasonably tncttrred or paid 6y the mortgagee because of the /nilure of the mortgagor to promptly and jolly cortlply with the agreement, stipulations, condition: and covenant of said note and tht mortgage. or either: to perform. comply with and abide by each and every the agreement. stipulations. conditions. and cotenant set forth in said note and tht mortgage or either. In the event the mortgogor fait to pay when due any tax, assessment, iresur+ance premium or other sum of money pnynble 6y virtue of said note. and tht mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to jorecbse o- any other right hereunder, and all such payments shall bear interest from date ther+eoj at tlti highest lave- Jul rate thin allowed by the laws of the State of Florida. , ~` any sum of money herein rpJerred to be not promptly paid within 30 Jaya next after the some becomes due, or ij each and every the agreements, stipulations, cottdttions and covenants of said note and this mortgage, or either. are not jolly performed. complied with and abided 6y, that the cretin sum mentioned in said note. and this mortgage. or the enfir+e balance unpe~d thereon, shall forthwith a thereafter, at the option of the mortgagee. become and be due and paliable„~trtythtng in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any ~ the right or options herein provided shall not constitute a u+aiver of any right or options under said nAte _or iht mortgage accrued or Iherra f ter accruing. _ ~n ~l~~S ~~Ls the said mortgagor has hereunto signed and sealed these prestnt the day and year first above u•rilten. Si ,sea and red in the presence of ARIDA, 3T. LUCIB I HEREBY CERTIFY that on thin day, bdore me, m ~horixd in the State aforeuid and in the County aforesaid to take acknowledgments, personally appeared AIDS I.AXTON and FLA88NCB LA7ITON, his wife ro be the person S dcsen'bed in and who executed the foregoing iaatrument and they acknowledged they a:ecuted ebe same. SS my band and official seal is the County and State last aforesaid this 6th day of A. D. 19 69 ---- -- --- --------_a1ZyZ o~J...-----......___.............. NTiIiY ttiSLl!*, fTATE K itOtlltlA At ls"•• ,••_ ` ~_ _ aMpYNptO~LMMISSION Ex-tRES I~ 1971 '~~, -...,uylrj .. ~~. rIL®~~~t.MOws~ •~~~A~BA~n"'~-;;: sT. tuclE couN~r. FAA. ~~~~~;~~ S'•'• ;Qf;, =;; ~. - RECORD VERIFIED - ,;:-~so'~''R~~':' ~. 181552 ,;, ~ _~~ ,,..~ ~ u~ ~ '69 AUG 7 AM 9 ' 3 ,t: •• ~.C~ r c' ` F~ Q''' • CLERK CIRCUIT COURT dUOK ~ ~9 PACE 623 "~ y