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HomeMy WebLinkAbout1688 + i 1~ ~ l. To pay au and ainyular the princepui and intereat and other suma o~ money payabls by 1~ virtue oj said promisaory note_ and thia deed, or either, promptly on the daya raapectively the same severally become dus. i Q. To pay al1 anii singuJar ths taxea, aaaeaamenta, leviea, liab~Titiea, obligationa, and encum- , brances oj every na.ture on aaid deacribtd ptoptrty. eaeh and every. and if ths same be not prompt~ ly paid the iaid Mortgapee s, their 7?eits, teyal representativea or asaig~na, ~y at ariy time pay the same without waiving or afJectin~ the option to ~or~cioae or any right hsreunder, and evr,ry payment ao made ahall bear intereat ~rom the date thereof at the rate of 10 p~. ccnt. per an~attm. ~ ' 4. Tn pay a1~ anri singular the eoata. eharges and expenses, including ~awyer'a feea, reaaori- ~ ubl~ i,i~;~rred or paict at any time by aaid Mortgagee s~ their h~ra~ legal repreaentativea ~~r utisi~7;~s, because of the failure on the part of the aaid Mortgagor~, their h~ra, leyal ; represemtuttvea ot' as8fgna to pe7'fo~'m, comply with and abide by each and every the atipulationa, 1 agreements, conditiona and covenanta o~ said promiasory note_ and this deed, or either. and ~ everK such payment sha21 bear inttrest from date at the rate of per cent. per annum. I ~ .4. To keep the buiidings now or hereaJter an said land insured in a sum not less than E insurable value-----------------------------13ollars, in a company or compa.niea ~ i to be approved by said Mortgagee_~ and the policy or policies held b~/ and payable to said Mort- ( ~ yagee~, t~+P~ r heira, Iegal representativea or assigns, and in the event ; any sum oj money becomes payable under auch polica/ or policies, the Mortga.gee S, their ; ~ heirs, legal repreaentativea or assigna, shall have the option to receive and ~ apply the same on account of the indebtednesa hereby secured or to permit the Mortgagror s 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 mccy place and pay for auch ; irisurance or any ~art thereof svithout wa.iving or affeeting the option to foreeiose or any right ~ ~ hereunder, and each and every such payment ahall bear interest from date at the rate of 10 j ~ per cent. per annum. ! ~ ` 5. To permit, commit or suffer ~n ~yQ,ste, impairme~at or deterioration of said property, or any 'i - f part thereof. ~ ~ ; 6. To ~erform, comply tcith, and abide by each and every the stipulations, agreeme»xs, con~ ~ ; ditions and covena~zts in said promissmy/ note_, and in this deed set forth. 7. Ij any of said sums of ~?wney herein rejerred to be not ~romptly a.nd fully gaid within ; ~ _ 15 days next after the same severally become due and paya.ble, or if each and every the ' ' i 's stfpulattnt~s, agreements, conditions and covena.nts oj said promissory note_ and this deed, or E either, are not fully performed, compiied zvith and abided by, the said aggre,qate sum mentioned ~ _ in said ~ro~nissory note__ shall beeome due and payable forth:cith or thereafter at the option of ' ~ the ~fortgagee~ thPi r h~rs, legal re~resentatives or assigns, as fully and completely ; ? as if the said agyregate sum of Thirteen Thousand Five Hundred- dollars were ~ ~ ~ ~ oriyi~iallzi stipuiated to be paid on sueh day, anything in said 7~romissory note- or herein to the i ; } -•~~~itrary ~tottcfthstandtng. I:V «'IT:VESS ii~HEREOF, the said Mortga.gor s, have hereunto set their ° = I y ha~:d_~and seal~-the day and ~ear first above written. i ' Signed, sealed a~ui delivered in presenee of us: 1 ~.~y~ -(3ea1) ; ~ / He rbe rt M. Smith ' i ~ ~ r~'.~L3~ - ~ ~ : i : ~ ~ ' ~ - ~-Y ~ .ti.~-y ~ -n,c_1`~ (Sea1) i y Mafga t F. Smi h ~ i ' ~ /i;r~ /~r,~r,in~,ff~~~r~~an,J/~~: Charles M. Kelly, Esq. ~ a 1'~ 166 Hialeah Dr. , Hialeah, Fla. 33010 ~ R G~ 1 Pa~E16$7 ' BOOK ~ ~ ~ ~ ~ . ~ ~ ~ ~ _y~. ~ . _ ~ - r'. ~ ~ :~;N