HomeMy WebLinkAbout0220 1. To g?ay all and aingular the princepal and intareat and other $uma of money payable by
virtue of aaid promisaory nvte- a»d thia dead, or either, promptly on the daya reapectiv~y tAe
same severally becoms dus.
~.r.~ .:l! and singular ths taxea, aaaeaamenta, leviea, liab~itiea, obli~ationa, and encum-
brances o~ everl/ nature mt said deacribed property. each and every, and if ths same 6e not prompt~
ly paid tha iaid MottgaQee_, h i e keira, le~al repreasntativea or aaai~na. may at any
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time pay the same ~enithout waiviny or af~ecttin~ the aption to foredoae or any riyht Aereunder,
and every payment ao made ahaU bear intereat from the date thereof at the rate ojt en p~
cent. per a~»u~
s. To ~ay aIi and singular the coata, claargea and expensea, indudin~ la~evyer's feea, reaaoft~
ably incurred or paid at any time bg aaid Mortpagee-., hie herira. legal repreae~ttativea _
or asaiqns, beca.u.se of the ja~lure on the part of ths said Mortgagor-, her l~~
repreaentutivea or assigna to perforyn, cotttpty with a»d abide by each and evert/ ths atipuiations,
agreementa, conditio»a and covenanta of said promiasory xote ar~d this deed, or either. and
every/ such payment shali bear intereat from date at tha rate ofS..eII_ per cent. per annum.
To keep tlu bu~dings now or hereaf ter on aaid, land insured in a sum tat leas than
Hi~hest Ineuroble Value of Prope,s.~,v nollara, in a company or compa.nica
to be approved by said Mortgagee_, and the policy or polici.es held by and payable to said Mort-
gagee~, hi e ~ra, legal representatives or assig~es, and in the event
any sum of money becomea payable urtder attch polict/ or poticiea, th~ Mortgagee_,
h~ ~ heira, legol repreasntatives or aasigna, shall have the option to receive and
appiy the same on account of the indebtedneaa hereby aecured or to permit the Mortgagor to
receive and use it or an~/ part thereof for other purposes, without thereby waiving or impairiny
any equity, iien or right under or by virtue of this mortgage, and may place and pa~ for auch
insurance or any part thereof without waiving or affeeting the optiora to foreclose or any right
; hercuruler, and each and every attch paymcnt thall bear interest from date at the rnte of .Pn
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~ ' per ceret. per annum.
i 5. To permit, commit or suf
f er no waate, impairment or deterioration of said praperty. or any
E ~art thereof.
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~ 6. To perform, comply ~vith, and abide by each and every the atipulationa, agreementa, conr
~ ditions and covenanta in aaid promissory note_, and iri this deed set forth.
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K y. If any of said sums of money hergin referred to be not promptly cutd fully paad ~w~.thin
~ fifteen
~ys next after tlee same severally become dtce and payable, or ij each and every tles
~ stipulations, agreementa, conditiona and eovenants of aaid promiasory note and thia deed, or
~ either, are not fuUy ~erformed, complied with and abided by, the sa.id aggregate sum mentioned
~ ( in said promissory note_ shaU becmne dua ared payable f
orthwith or thereaf
ter at the aption of
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~ , the Mortgagee-, h~ " ho.irs, legat rtpresentatives or asaigna, as fuUy nd completely
~ aa if the said aggregate sum of w t- even Hundred Twent -eeven ,~~.e
~ ~ 2727•33
~ originally atipulated to be paid on such day, ~nything in sa.id promissory note- or herein to the
contrarj/ not:aithstanding.
=3 IN WITNESS WHEREOF. the said Mortgagor , ~8 h-P+'eunto set her
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hand nnd seal the day and year first above written.
, seal and deli in presenee of us:l ~~.~v-~ ~ i 1 C (Seal)
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~ %~L',- , ~h~~C ~I~Z : Sea1
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~ E: ~K ~~U PAGE ~+~?V
/7i~, /~ulm~ur~r! ~~rr f~,~n~l l~~~; S.L . SOKOL
p,o.Box 35 b~3 Miami;fla
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