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HomeMy WebLinkAbout2394 and shall perjorm, comply with ond a6ide by each and ei~ery tl~e agreemenla. ~tipulntiona, conditions and rnaQnnntt fhereo/, and oj ibia mortgage, then tl~is mo?fgage nnd the eatnte he?e6y c?eatec~, ahall cpase, de- tennine nna be ~u~~ and void. ~i1LIl l~e mo?tgngor Iten6y /urfher covenanfs and ngreea to pay prompl~y wl~eh ~Iue !tie pri~cipn~ an~ interest nnd olher suma oJ money provided /or in said note and this morlgage, o~ eilher: to pay all and singular the taxes, assesamenls, Ieuies, lia6ilities, obligafions, and encumbrances oJ euery nature on said pro- peNy: fo pe?mit. cummit or suf~er no wasfe, impni?ment o~ deteriomtion of said ~and or fhe improvemenfs thereon at any Iime; to keep tf~e buildings now or hereojter on said land (ully insured in n sum of not less tl?an hiqhest insurable value in a company or companies nccepta6le to the mo~lgagee, the policy o~ policies io 6e held 6y, and payu6le to, soid mo?tgngee, and in the event any sum o/ money 6ecomes paya6le 6y virtue o( such insurance t1~e mo?tgagee shall have tl~e right to receive and apply tl~e same to the indebtedness here6y secured, accounting to ttie rrtortgagor (or nny surp~us; fo pay a~~ costs, chnrges, and expenses, inc~uding lawper s~ees and lit~e searches, rensona6ly inciwrec~ or paid by tf~e mortgngee 6ecause o~ t~?e ~ai~ure o( fhe mortgagor to prompt~y I and /ully comp~y. wifti Itie ngreements. sfipu~nlions, conclitions nnd covenants oJ snid nofe an~ ttiis mortgage, or eif~er: to perform, comply with and a6ic~e by eacl~ and every ihe agreements, stipu~afio?u, condilions and I covenants set jort{~ in snid note and this rnortgage or eifl~e~. In tl~e event the moregagor )ails !o pay when due anr tax. nssessment. iruurnncP nremium o~ otl~er sum o/ monRV navahlp 6v i~i~tuv snid netw nnd ~his mortgage, or eittier, fhe mortgngee may pny lhe snme. without waiving or a~Jecfing fhe opfion to ~oreclose or any otF~er right 1?ereunder, and all such payments shnll benr interest ~rom date tl~ereo( at the I~ig6est !nw- ~u~ rote then a~lou~ed 6y tl~e ~aws o/ t{~e State o/ Florida. any sum o~ money herein re(erred to be not prompt~y paid wiftiin Fifteen (15~nYs next a~ter f ~ t1~e same beeomes tlue, or i( eacl~ and ei~ery tl~e ogreements, siipulations, conditions and covennnts o~ said ~ note antl t~tis mortgage, or eitF~er, are not (ully per/ormed, complied with nnd abided 6y, tl~en tl~e entire sum mentioned in said note, and tl~is mortga9e, or tl~ e entire 6alnnce unpuid thereon, shail (ort6with or therea/ter, at tl~e opfion oj the mortgagee, become and be due a?ed pnya6le, anything in snid note or herein to !tie contrary notwif~stanr~ing. Fai~ure 6y the morfgagee to exercise nny o~ t~e rig~ts or options tierein provided zhn~~ nof consfitute a waiver o( nny rights or opfions urtder said note or fhis mortgage accrued or t~ereaJter ncc~suing. ~n ~itness ~hereof~ ihe snid mortgagor has hereunlo signed and sealed these preaenls t1~e dny nnd year ~irst above u~ritten. I Signed, sealed and delii~ered in tbe presence oJ: ~ ~ x - ---~i.~.~- ~ ~ - - - - - - ~ - R(1RFRT l,, MARTTN - ..e. BE~,q MARTIP ; . i% - - - , , ~ i i . - . . _ . - - - - - - - - I ! ~ I ~ ~ - € ~ ~ STATE OF 111i~l~, A~/~.R~ILM~ ~ ' ~ cou:v~-r ~F P~c..~.~r cf~,«.F~ ~ ~ I HEREBY CERTIFY that on this day, be(or~ me, an ~ ' officer duly authorized in the Stat~ afor~said and in the County aforesaid to tak~ acknowledqmenu, p~rsonally appeared ~ i~ ROBERT G. MARTIN and BETTY J. MARTIN, his wife, i ~ to me known to be the person S d~scrib~d in and who ez~cuted the (oreqoing instrument and they acknowledqed i ~ before me that they ~x~cuted the same. ~ ~ WITNESS my hand and ol(icial ua) in th~~ County and Stat~ last a(or~said this day o( ~ BeAel~i A. D. 19 ~ ~ ~ JA~v ~ ~J~ 73 . ~ . ~ T ~ I . . . NOTARY PUBLIC ` ! ~ My Commission Expires: ~ I . ~ . . : : . . I g~ ;f i FILEO aM: {ECvrtDED ~ . ~ ~ ST. ~UC~~ ~GUN1Y fLA. v j~ P.O~~r ~ ',~'RAS,RT ~ COL ~ ~ ~ ~ E - _ : ;i F=f.'fF.' ~'t - ~ F'Ee ~ I oi PMi'~ 3 24`7386 U R P~r~2~0 ~~~2;391 ~ ~ I ~ r~~ ~ ; P . _ _ _ ~W