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HomeMy WebLinkAbout0486 . ~ ~ ~N. ~.~i ' - ~ • ' ~ . _ . ~ 1. To pi?,y all and sin~uli?r tbe principal and intereat and other sums oi money psyable ~by vlrtue oi asid promiseory note~ u?d tbia deed, or eitber~ prnmptly on tbe da3?s reapectively the s~me sevenlly become dae. , 8. To pay all e~nd ain~nlar the t~zea. aeseasmenta. levies. lisbilitiea. obli~stione, and ~ incnmbrsncea oi every nature on asid described property. each and every. and ii the same be not promptly paid the aaid Mort~s~ea_, his heira leQul repreaentatives or ~seigAS, msy at any time pay the aame ~vithout waivin~ or atiectin~ the option to ioreclose or any ri~bt hereunder. and- every pa,ynnent so made shall bear intereat irom the date thereo! at ths rate at _ per cent, per annnm. ~ _ 3. To pay all and eingul~r the cosita, cbargee and ezpenaea~ including lswyer's ieea. ressonably incurred or paid at any time by sa~d Mortgsgee_, his ~egal repreaentativee or aesigna, because of tLe iaUnre on the psrt of the eaid Mortga?gor, ite euccesaora, legal representativea or aesi~ns, to perform, comply with snd abide by.each and svery the stipula- tione. sgreements. conditions snd covenanta oi aaid pmmieaory not~ and tbis deed, or ' either, and every euch psyment ahall bear intereat irom date at the rate o! per cent, per annnm. ~ . 4. To keep the bnildin8a now or heresiter on said land inaured in e sum not lees thw nollara, in a company or companiea to be approved by asid ll~ort~ge~._, and the policy or policiea held by and payable to said Mortgsgee_, hf 9 heira, legal repreaentatives or assigna, and in the event sny eum oi money becomea payable nnder sach policy or policiea, the Mortgagee_, hi$ ~+eira, le~sl representatives or sasigne, ah~ll have tLe option to receive and apply the aame on account o! the indebtedneaa hereby eecured or to permit ~he Mortgagor to receive and uee it or any psrt thereoi for other pnrpo~es, withont thereby w~?iving or impairing any eqnity. lien or rI~bt under or by virtne oi tbia mortgage. snd may place and psy_!or euch insurance or any par! thereof withont wsiving or afiecting the option to foreclase or any right herennder. and each - snd every anch payment ahsll bear interest lrom date at the rate of per cent per annum. 6. To permit, commit or euifer no wsate, impairment or deterioration of said property , or any part thereoi. ~ - - ~ . j 6. To perlorm, comply with, and abide by-each and every the atipulations, agreementa, ' conditions and covenant8 in said promiasory note_., and in this deed set forth. If an3? of aaid auma oi money herein reierred to be not promptly and fnlly paid _ ~b;„thirty (30hgy8 Ae~ ~r the eame severally become due and payable, or if each and ~very the atipulationa, agreementa, conditions and covenants o~ said promisaory not~ and tLia deed, or either, are not tnlly perlormed, complied with and abided by, tbe said aggregate - enm meat3oned in ssid prnmiseory note_ ahali become dne and payable forthwith or ther~- aiter at the option o! the Mortga8ee~, h~s ~+eirs, legal representativea or assigna, as - fnlly and completely sa i! tbe said s88regate anm o~~~ ~'~~?t~ (~.000.00}r--- -"-"----~~ollara were originally atipnlated to be psid on anch day, anything in esid promiesory note- or Lerein to the contrary notwithstanding. - \s (~~~t Z IN WITNES3 WHE~tEOF, the said party of the iirat part hsa cauaed theee ~ presents to be signed in its name by it.s+ (Cozporate President, and ita corporate aeal to be affized, ~j. (3ea1) - attested by iM ~*etary the day ~8 and year above wrttten. Att~eat• 3ecretar9- Signed, sealed ~nd delivered in the preaence oi: - BY ~ Presidenk < * I~irs I~wn~nr~n~ prrp~nrrr! hy: GERALD S. lAldE$ 600X~r~ F,4Sf 4~ Attorney at LaMt Add,rxr P. 0. Box 3089 ' ' _ Fat Pie~ce, Florida $345D ~