HomeMy WebLinkAbout1939 and shall perform, comply a+ith and abide by pant and et+ery the agreements, atipulationi, rnndifioru and ,
covenants Thereof, and of Ibis mo?Igatle. then this mortgage and the estate hereby created, shall cease. de-
fe?minp and hp null and ~+oid.
~nY Ihp mortgagor Itp?t•by further covprtants and agrees to pay promptly when dos fhs principal and
interest ar/td otltpr sums of money provided (or in said note and this mortgage, or either; to pay all and
singular the 'taxP3?, assessntprtls, Ievips, Ilalrililies, obligations, and encumbrances of every nature on said pro-
perly: to permit, cuntmif or str((er rto urasfe, impairmertf or deterioration of said hand or the improvements
ihprecn of any lime:•fo Irppp the buildings now or hereafter on .aid land fully inatued in a sum of not less '
than Twenty-two Thousand Five Hundred Dollars ($22,500.00
in a company or companies nccpptable fo the mortgagee, the policy or policies to 6e held ~y, and payable
to, said mortgagee, artrl in the event any sum of mortpy becomes payable 6y virtue of such insurance the
mortgagee shall have the right to rpcpiue and apply the snore to the indebtedness hereby secrued, accounting
fo the mortgagor for any srrrpltrs; to pay alI costs, charges, and expenses. including lawyeri fees and title
sparrhps, reasonably incurred or paid by the mortgagee because of the failure of .the mortgagor to promptly
and (ally comply u~ifh the aftrepmprtfs, stipulations, conditions and covenants of said Hole and this mortgage.
or either: to perform, comply urith and abide 6y each and Peery the agreements, stipulations, conditions and
conertartls set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when
due any far, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the morff/agile may pay the same, without waiving or affecting the option to (oredose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
f ul rare then allowed by the tau+s of ihp SIa1P of Florida.
~L arty sum of mortpv herein relprrpd to by not promptly paid within 1p.,i1 days next after
the same becomes due, or i( each and every the agreements, stipulations. conditions and covenants of said
note and this mortgaitp, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentionetl in said note, artd this mortgage, or the entire balance unpaid fher+eon, shall forthwith or
thereafter, at the option of rite mortgagee, become a?td be due and payable, anything in said note or herein
to the contrary nohvifhsfanding. Failure by Ilte mortgagee to exercise any of the. rights or options herein
provided shall not constitute a u+aiver of any rights or options under said note or this mortgage accrued or
therea f ft•r accruing.
~n ~ttness ~heCenf, fife said mortgagor has hpretrnto signed acrd sealed These presents fire
day and year first abot•e a+riften.
Signed, sealed and delivered the presence o(: '
. - - . ~~j - ~
~ G: Ritten
~T:~~ tten
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` STATE OF Ft.ORTDA,
t i C(~l"\TY (lF j~jC~
€ ~ I HEREBY CERTIFY that on this day, before me, an
~ officer duh• authorirrd in the Starr aforesaid and in the County aforesaid to take arknowledgmenu, personally appeared
RfJBF~T G. RITi~N and GDOI~IA RITIQI, his wife,
to mi• known to br the p•rson described in and who executed the forrgo~n¢ instrument and t'.hey acknowledRtd
~ ~ ix•forr me that tt'ley executed the same.
~~•Il:\ESS my hand and official seal in thr County and State last aforesaid this ~ day of
January D. t9 79
NOrPAI~C i State of Florida
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