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HomeMy WebLinkAbout0869 . t _ ~ ~ ..~t 1. To pay all and singular the principal and interest and 'otder suma of. ~oneq payable by virtue of said promisaory notes and this deed. or either, prnmptly on the daya reapectively the eame eeverally become due. ' 2. To p~y all and eingular tbe tazes. asaeasmenta, leviea. Iiabilitiee, obligatione. snd incumbrancea oi every nature on esid described property. each and every~ and it the same be not promptly paid the said Mortgagee$ , their t,eira. tegal representativea or ~?ssigna, may at any time paq the same without waiving or affecting the optioa to foreclose or any right hereunder. and every paymeat so made ehall bear interest from the date thereoi at the rate eL per. Cent, per annum. • . ~ 3. To ~sy all and singular the costs, charges and eatpenaes, including lawyer's ieea, reaeonably incurred or paid at any time by said Mortgagees-., their tegal representativee or asaigna, because of the failnre on the . part oi the said Mortgag~or, its euccessors, legal repreaentativee or assigns, to pertorm, comply with and abide by each and every the atipula- t~ons, agreements, conditions and covenante of aaid promisaory not~ and this deed, or either, and every auch payment shall bear interest from date at the rate of per- cent, per annum. ~ 4. To keep the buildinga now or hereafter on said land insured in a sum not less than ----full insurable value----------------- ~ 'nollara, in a company or companiea to be approved by ssid Mortgagee._, snd the policy or policies held by and payable to said Mortgagees , their heira, legal representatives or assigns, and ia the event any sum oi. money becomea payable under such policy or policiea, the Mortgagee S, their ~,e~, legal representatives or aagigns, ahall have the option to receive and apply the same on account o! the indebtednesa hereby secured or to permit the Mortgagor to receive and nae it or any part thereof for other purpoaes, without thereby waiving or impairing any eqnity. lien or right under or by virtne of this mortgage, snd may place and psy for such insurance or any part thereof without waiving or affecting the option to foreclose or any right herennder, and eaeb and every auch payment shall bear intereat from date at ~he rate of . per cent per annum. 6. '1'o permit, commit or suffer no wsste, iaipairment or deterioration oi said property or~ any part thereol. 6. To, perform, comply with, and abide by each and every_the atipulations, agreements, conditiona and covenants in said promissory note~, and in this deed set forth. If any of said sums~ of money herein referred to be not promptly and fully paid ~~1„ t~ (10) daya neat after the same severally become due and payable, or if each and every the stipulationa, agreements, conditions ana covenants of said promissory notes and this deed, or either, are not fully performed, complied with and abided by, the eaid aggregate sum mentioned in said promissory note S shall become due and paqable forthwith or there-- aiter at the option of the Mortgagee~ heira, legal representativea or assigns, as lnlly and completely aa if the said aggregate sum of T~ ~ ~ EI~T ~ollare were originally stipnlated to be paid on such day, anything in said promiesory note S or herein to ~he contrary notwithstanding. ' TN WITNESS WHEREOF, the said party of the iirst part haa caused these -f~i,~;i ~ presents to be signed _ia its name by ita ' ~~~~tl:r~ ~ (Corporate President, snd its corporste seal to be affiaed, ~ ° ~ ( ) Seal attested by itA Secretary the day _ ~ ' and year above written. • - ~ ' ' 1 ~ " SeC!@ . - Signed, aealed and delivered in the presence of : S& S TOWING SERVICE, Il~1C. , a Florida o~ ratwn. = i!~,~ ~ ~ . / !d~~d'-/„/ ~'~J ~ ~ President. - / jN,> ~r • ~?.:..•.i a;:.r,•.:._.; t,i: 1'li~~ ~iulnnuri~/ ~r~ rl ~y: GERnL~ 1 S' A7TY. Q. E~::. a~28? ~ 866 . FORT Pt~Y~E. tL~~:IDA 33450 (3~5) ;61-i:JO ,