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HomeMy WebLinkAbout2163 and shall perform, co~ly with and abide by each and every t2ie agreements, ; stipulations, conditions and covenants thereof, and of this mortqage, ~ ~ then this mortgage and the estate hereby created, shall cease, determine and be null and void. AND the mortgagor hereby further covenants and aqrees to pay . promptly when due the principal and interest and other sums of money provided for in .said note and this mclrtgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said property; to ~rmit, commit or suffer no waste, impairment or'deterioration of said land or the improvements thereon at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less than full insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in Yhe event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting ta the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's ~QQ~ M,r3 t~~3~ ~~~r~hA~; rP~~Qr~ 1 i nc~»rre~ or paid by the mortgagee because of the failure of the mortgagor to promptly and fplly comply ~ • I with the agreements, stipulations, conditions and covenants of said ~ i note and this mortgage, or either; to perform, comply with and abide i 4 ; by each and every the agreements, st3pu~ations, conditions and covenants s - ~ ; set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium ~ ~ or other sum of money payable by virtue of said note and this mortgage, ~ ~ or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments ~ ~ shall bear interest from date thereof at the highest lawful rate then ~ ~ allowed by the'laws of the State of Florida. ~ IF any sum of money herein referred to be not promptly paid ~ ~ ~ within thirty (30) days next after the same becomes due, or if each ~ * and every the agreements, stipulations, conditions and covenants of ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 800K FA6E~~~ ~ _ ~