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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. . ~ 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. ;i Signe sea~ed and deliuered in t{~p presence of : ~ ~ i- - - - • --`"c~!~ T-•-j~..r-•=~r_- i - - " ' ~ II ' , ~ ~ ~I - - ' - ~ ; 0~..!,!~S.S....__ ~It,!`.^~~~1f'.-•-----•••--------•-•--•- C I - --~r~•~t.Lf^^-~.!r ~ ~ - ------------~-------...--------------------------~---•-----....--------._...---------r-- ~ ~ ~I .i r~s ~ STATE OF ASSAC S ~ 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 i ~ ;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,'•., _ ~ ' ~ ~ ' j ~ . ~ - r . " _ ~J. ; : - ' N.. ~.purilic;---S-- e_ _ ~a,~ `seirs: ~ i, ' i~ i j . • 'i ~ ~ ~ My Commis sion expi ~g: - . ~ : • - ' ~ i~ _ ; . - Y~ , . ~r ~ :~/ti ~ FILED ANO RECORDEO= ~~~:.~/`D~~LDi? / . ~,;~v'~al`, ~ , ~ ST, IUCiE COUNTY. FLA. ~ ' R~:C(?Rf? `dERI~'ED ~ 18839u ~ ~ " '70 JAN I S PM 2: 46 ~ .~i - - ~ ~:O:;~Z ~-O;TRAS ~ : CLERK CtRCU1T COURT' fl ~ " aoox~.~~ ~ ~ - - ~ ~ Y_ ' . ~ F`~r~ , 1 ~ r`S. - R' ~'.4"~l ~~;.:-~,a.. ,