HomeMy WebLinkAbout2975 f
and every such paym~ent shall bear interest from date at the rate
of eight (8X) per percent, per annum.
4. To permit, commit, or suffer no waste, impairment or de-
terioration of said property or any part thereof.
5. To perform, comply wi:th abide by each and every the stip-
ulations, agreements, conditions and covenants in said promissory
note and in this deed set forth.
6. If any of said sums of money herein referred to be not
promptly and fully paid within thrity days (30) next after the
sam~e severally become due and payable, or if each and every stipu-
la tions, agreements, conditions and covenants of said promissnry
note and this deed, or either, are not duly per.formed, co~nplied
with and abided by, the said aggregate sum mentioned in said prom-
issory note, shall become due and payable forthwith, at the optio
of the party of the second part, its successors,~legal representa-
tives or assigns, as fully and completely as if the said aggregat
sum of ONE HUNDRED ($100.00) DOLLARS or the advances here tofore
referred to was originally stipulated to be paid on such day, any-
' thing in said promissory note or notes later.to be executed and
k
~
~ secured hereby, or herein, to the contrary notwithstanding..
i
f
~ 7. To keep the buildings now or hereafter on said lands~in-
sured on the sum not less than ~
DOLLARS in a company or companies to be approved by the said part
of the second part, its successors, legal representatives or assi s
and in the event any sum of money becomes payable under such polic
or policies, the said party of the second part, its successors or
~
~ assigns, shall have the option to receive and apply the same on
account of the indebtedness hereby secured or to permit the party
of the first part to receive and use it, or any part thereof, for
other purposes, without thereby waiving or impairing any equity
lien or right under or by virtue of this mortgage and may place an
CHARLES E. BECHT
citO~ME~ M /Aw ~
.~,E pay for such insurance or any part. thereof without waiving or
•aq[ NAlpMO
> O WX W
FnqT VIERCF. FLORIOA ~
~ . . ' a'
~ .