HomeMy WebLinkAbout1368and shall perform, comply with and abtds by each and every the agreements. stipttlafions. eonditioru and
covenants the.eaj, and of tkts mortgage, then this mortgage and the estate herby created, shall cease, de-
termine and be nttll and laid. .
the mortgagor hereby further eovennnts and ttgrees to pay prorrtptly when dw the principal and
interest and other sums of money provided Jor in said note and this mortgage, or either; to pay all and
singular the taxes. asaessments, levies, liabilities. o6ltgatioru, and encumbrance! of every nature on said pro-
peNy: to permit, commit or suffer no waste. impairment or deterioration of said land or the improvemenb
thereon of any lime: to keep the buildings now or herrajter on said land fully insured in a sum of not less
than BIGHTBBN THOUSAND AND NO/100 - - - - - -
in acompany or rnmpanies acceptable to the mortgagee. the policy or policies to 6s held 6y, and payable
to, said mortgagee, artid in the event any sum of money beeorrtss payable 6y virtue of such t-uurancs the
mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, accounting
to the mortgagor for any surplus: to pay all cosh, charges, and expenses, including lawyer a fees and tills
searches, reasonably inctured or paid by the mortgagee because of the failure of the mortgagor to promptly
and juUy corrtply with the ag-eeme-tes, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every the agreements. stipulations, eonditioru. acid
rnt~enants set jorlh in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax. assessment, instuwnee premium or other sum of money payable by virtue of said Hots and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to jor+ecloss
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw-
jul mte tlt~n allowed by the laws of the State of Florida.
~` any sum of money herein re(enrd to 6e not promptly paid within 30 days next after
the same bt~comes due, or ij each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either. are not jolly performed, esmplted with and abided by. then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, ahaU forthwith or
thereafter, at the option of the mortgagee, 6eeome and 6e due and pnpable, nryrthing in said Hots or herein
to the contrary notwithstanding. Failure by the mortgagee fo exer+cise any of the right: or optioru herein
provided shall not conslif--te a waiver of any rights or options under said note or this mortgage accrued or
lhereajter accruing.
Il ltfltSS ~~ s the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
' ed, sealed and delivered in the presence of
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STATE OF FLORIDA,
COUNTY OF gT~ LUCIB
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforeuid to take acknowledgments, personally appeared
ROBBRT C. FBNDBR and SARAH B. FBNDBR, his wife
to me known to be the persong descr'bed in and who executed the foregoing instrument and they acknowledged
bdore me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this 13th day of
August A. D. 19 69 •
FILED AND RECORD~LA•
ST• ~v nPe vER?~ ~o
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'69 AUG 2 ~ PM 3:04
7RAS~~
ROGER p01
CLERK CIRCUIT C~UR7~
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NOTARY PUtfl{C, STATE of FI~R-~aj
MY COMw1!c•7y EXV~Rf3 lUN'~1~1:.~ -.•~ ~i,'
a~wner• •..o....,.., coca w Ot g~ ''
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Soo~~79 X1367
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