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HomeMy WebLinkAbout1068and shall perform, comply with and abide by each and every the agreeements, stipulationi. conditions and cotenants thereof. and of this mortgage, then this mortgage and the estate heroby created, shall ceose, de- termine and 6e null and twirl. the mortgagor heroby further covenant: and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage. or either; to pny all and singulw the taxes, assessments, levies. liabilities. obligations. and encttmbroncea of every nafttro on said pro- perty; to permit, rnmmit or suffer no waste, impairment or deterioration of said land or the improvements thereon nt any time: !o beep the buildings now or hetraf ter on said land fully insured in a sum of not less than the ~rincipul amount of the mortoa~e in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and pnyabb to, said mortgagee. and in the event any sum of money becomes payable 6y virtue bf such ittsura-tee the mortgagee shall have the right to receive and apply the same to the indebtedness heroby secured, ctocoutting to the mortgagor for any surplus; to pay all cosh. charges. and expenses. including lawyer': jeer and title searches, reasonably incurred or paid by the mortgagee because of the failttr+e of the mortgagor to promptly and fully comply with the agreements, stipulations. conditions and covenants of said note and this mortgage. or either: to perform, rnmply with and abide 6y each and every the agreemenb, stipulations. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance promitun or other sum of money payable 6y virtue of said Hole and this mortgage. or either. the mortgagee may pay the same. without waiving or of felling the option to foreclose or any other right hereunder, and all such payments shall bear interoit from date thereof at the highest law- jul rate then allowed by the laws of the State of Florida ~L any sum of money heroin ro(ened to be not promptly paid within t Ili r t y days next of ttr the same becomes due, or ij each and every the agroements, stipulations, conditions and covenants of said note and this mortgage. or either. are not fully performed, complied with and abided by, then the entiro sum mentioned in said note, Hall this mortgage, or the entiro balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee. become and 6e due and payable, anything in avid note or heroin to the eontrory nottuithstnnding. Failure by the mortgagee to exerriae any of the rights or options heroin provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~t~~SS 1~`y the said mortgagor has hereunto signed and sealed these prosents the day and year first above written. Signed, sealed and delivered in the presence oj: ' , ~ ---1~,..-~_~..~--~--------- --- - -------------------------- STATE OF FLORIDA, COUNTY OF J u 11? t. ~, t': C 1 2 I HEREBY CERTIFY that oa this day, before ttx, an officer duly authorized in the State aforesaid and in the County aforesaid to take ac)utowkdgments, personally appeat+ed ~.ennetti ~. ~2.1e and Elizabet:i T. i=ale, his ~•:ife to me known to be the persons dtrscn'bed in and who executed the [orcgoing instrument and th ~ j' acknewkdaed before me that t 1l eY executed the :ante. WITNESS my hand and o[6cia1 seal in the County and State last aforesaid this 1 ~ t 11 day of Au~tlSt A. D. 19 59 • ~ ~; i ,;. ~ , ~ .. . • .. ., •. ~,.u...._ .1~___:...~...._.~ ................ OEDt Notary ~+::dic, State of fords et ta,ge ~1LEp pNp~oRLNSY~DI.p' ~ ~E~ ~. 1971 ST, LUCK Rf ~:F~?lr c~- nF.CC 18~-~85 ; -~9 ~~ IS ~ ~ 69 A ZCI~'-~R `~C~~ CO RT . CORK C~RCV~ _,_. eooKl~g PaGE1067