HomeMy WebLinkAbout0829 ~ and shall perJorm, comply with and a6ide by each and ei~ery the agreemenls, slipulations, condilions and
co~~enanls tl~ereo/, and of this mortgage, then this mortgafle and the estate here6y created, shall cease, de-
termine and 6e null and i~oicl.
71n~ Ihe mortga~o~ ~~e~e6y jurther covenanls anc~ agrees fo pay promplly whe~ due II~e principal and
interesf ~nd other sums oJ money provided /or in said note and thts mortgage, o~ either: to pay al~ and
sinpular t1~e fa.res, cusessments, levies, lia6ilities, obligations, and encumbmnces o~ every nafure on saic~ pro-
perty; to permil, commit or su~jer no waste, impai?ment or deteriorntion o/ said land or •tf~e impwvemenfs
fl~ereon at any lime: to kppP thp 6uildings now o~ herea/ter on said land Jully insuresl in a sum oJ not Iess
~han none required
in a compa~iy or companies accepla6le to the mortgagee, the policy o~ policies to be held 6y, and puyable
to, said morfga~ee, nnd in fhe event any sum oJ money 6ecomes paya6le by uirtue o~ such insurance the
mortgagee s{~all have Ihe ri~ht to receive and apply the same to tF~e indebtedness here6y secured, accounting
to t~e morfga~or ~or any sterplus; fo pay a~~ eosts, charges, ane~ expenses, inc~uding lawyers ~ees anc~ tif~e
searches, reasonably incurre~ or paid 6y the mortgagee because o~ fhe jai~u?e o~ t{~e mortgagor fo prompt~y
an~ Ju~~y comp~y tuifh fhe a~reements, slipu~ations, conc~iiions and rnvenants o~ saic~ nole anc~ f~is mortgage.
i~ or either; to perJorm, comply witF~ and abide 6y each and every tF~e agreements, stipulations, rondilions and
ii covenanfs se! ~orth in saicl nofe anc~ f~is mortgage or either. ~n the event !he mortgngor ~ni~s fo pny when
( due any ta.r, assessment, insurance premium or other sum oj money payable by virtue oj said note and lhis
mortgage, or eit~er, fhe mortgagee may pay l~e same, without waiving or al~ecting I~e opfion to ~oreclose
i or any otlier right hereunder, and aII such puyments shall 6ear interest jmm date thereoj at the htghest Iaw-
i (ul rate then allowed 6y Ihe laws oj the State oj Florida.
DL any sum oJ moriey herein re(errec~ to be not prompt~y paic, wit~in -15 days nex! ajfer
f` Il~e same becomes diie, or if eac1~ and every tF~e agreements, stipulations. conditions and covenants o( snid
note and this mortga~e, or either, are not )u~~y performecr, comp~iec~ with and abided by, fhen t{~e entire
sum mentioned in said note, and iF~is mortgage, or the entire balance unpnid iheneon, sl~all )orthwith or
! therea(ter, at the option oJ tl~e mortgagee. 6ecome and be due and pnqa6le, anything in said note or herein
i fo ihe contrary nolwithstanding. Failure by the mortgagee to exercise any of the rig~its or options ~erein
proi~idecl s{~aj~ not constitule n waive~ of any rigf~fs or options une~er saicl note or t~is mortgage ncciued or
~ f~ereajier accruing. .
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I~ ~n ~itness ~hereof~ Ihe said mortgagor has hereunto signed ancl seu~ed tl~ese presents the
~ay ana year ~irsf a6oi~e u~ritten.
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Signe sea~ed and deliuered in t{~p presence of : ~
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STATE OF ASSAC S
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COUNTY OF _
I HEREBY CERTIFY that on this day, before me~ an
i~ of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments~ personally appeared
Alexander Adair and Mildred J. Adair, his wife
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~ ;o rmc known to br thc pcrsonS deuribed in and who executed the tor~going instrument and ~'1631 acknowledged
beforc me that ~le~/ extcuted tht same.
i` ~1'ITNESS my hand and olficial scal in thc County and Statc last aforesaid this day o(
January A. D. 19 ~]0. ~ y,,,J,'•.,
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- ' N.. ~.purilic;---S-- e_ _ ~a,~ `seirs:
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~ ~ ~ My Commis sion expi ~g: - . ~ : • - '
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~ FILED ANO RECORDEO= ~~~:.~/`D~~LDi? / . ~,;~v'~al`,
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~ ST, IUCiE COUNTY. FLA. ~
' R~:C(?Rf? `dERI~'ED
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18839u
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~ " '70 JAN I S PM 2: 46
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