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HomeMy WebLinkAbout1870~ ~ ~ a and 1haU perform, comply witk and abide by each and every the agreements, stipulations, eortdtttots and covenants theneoj, and of this mortgage, then this mortgage and the astute hsrrby cwated, shall cease, de- termine and 6e null end void. the mortgagor hereby further oovenanb and agues to pay prompebr when dw the prlnNpo! and interest and other sums of money provided for in said note acid this mortgage. or .either; to pay all arsd singular the faxes. assessments, levies, stabilities. obligations, and encumbr+arteeit of every naturo on sold pro- party; to permit, commit or suffer no waste. impairment or deterioration of said land or the improwmen4 thereon of any time; to beep the buildings now or hereafter on said sand fully tnsu-ed in a stun of not less than FIVE TE~OU3AND $I7C HON~® AND NO/100---------- tn acompany ar companies ntxeptable to the mortgagee, eke policy or policies to 6. held 6y, and payable to, said mortgages, acid in the event awy sum o/ money becomes payable 6y virtue of suck tnstu+ance the mortgagee shall have the right to receive and apply tke came to the indebtedness kereby :scored, accounting to the mortgagor for any surplus: to pay all costs, charges. and expenses. including lawyers fees and tetb searches, reasonably incttrred or paid 6y the mortgagee because of tks jailors of the mortgagor to promptly and fully corrlply with the agreements. stipulations. eortditiora and covenants of said note and skis mortgage. or either: to perform, comply with and abide 6y sack and every tks ogrwntents. stipulations. corsdittoru. and cotenants set forth en said note and this mortgage or either. In the event the mortgagor josh to pay when due any tax. assessment, insurance premium or other sum of money payable by vt-tue of said note and this mortgage. or either, Ike mortgagee may pay the same, witkout waiving or of jecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date theneoj at the highest law- f ul r+nte their allowed by the taus of the State of Florida. ~` any sum of mo-tey herein referred to be not promptly paid within 30 days next after the same becomes due, or ij sack and every the agreements. stipulations, conditions and covenants of said note and tkia mortgage, or either. are not jolly perjot~rted, cemplisd with and abided 6y, then the entire sum mentioned in said note. and this mortgage. or the entire balance unpaid thereon. shall forthwith or thereajfsr, at fhs option of the mortgagee. 6eeome and 6e due and payable. anything in said note or here-rt fo the contrary notwllhstanding. Failure 6y the mortgagee fo exerc=ise any of the rights or options her+eirt provided shall not constitute a u•ait-er of any rights or options under said note or this mortgage accrued or Iheren jtc~r accusing. ~n ~~~~ ~M~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first aboae written. S((ig``ne~~d~~,~~s~~ea~~led~afnd delitered in the presence oj: J~~ ~-- .v _ , STATE OF FLORIDA, / - COUNTY OF 3T. LIICIB I HEREBY CERTIFY that oa this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgment, perwnally appeared Bverett 3+. Maheuron and Bdith K. Maheuron , AIS WIFB, and Lois Mae Maheuron, a single adult to roc known to be the person 8 desrn'bed in and who executed the foregoing instrument and they acknowledged before the that they executed the same. WITNESS a,y hand and official- seal in the County and State last a[oresaid this 24th Jtitly A. D. 19 69 -~. .- NV,n nra,. ~` '• a - !! .~ - tn,'7f-,~~•~ c~. NbT/Ry 1l~B~tg, =TNTF. tIF FIOItIDA ~T l~R~ FAY COM 11 510N EXPIRES FEB. 9. 197 iOADED TH. OYOM FRED rr. O1i3fELMOj~ ~ooK179 P~1868 i~ day of