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HomeMy WebLinkAbout2758 and :!tall perform, comply with and abide 6y each and every the agreements, stipulationi, conditions and covenants thereof, and o/ this mortgage, then thin mortgage and the estate heroby created, ahnU cause, de- termine and be null and void. the mortgagor Newby further eovenanta and agroes to pay promptly when dw the principal and interest and other soma of money provided fo? in said note and this mortgage. or either; to pay nU and singular the !axes,. assessments, levies, liabilities, obligations, and encumbr+artcea of every nattw on said pro- perty: fo permit. commit or suffer no waste, impairment or deterioration of said land or Ilte improvements thereon at any tfine; to beep the buildings now or hereafter on said land /ally insur+ad in a stun of not leas than Highest insurable value in a company or companies acceptable to the mortgagee. the policy or policies to bt held by. and payable to, said mortgagee, and in the even! any sum of money becomes payable 6y virtue bj seuh Insurance the mortgagee shall have the right to receive and apply the samsl to the indebtedness hereby securod, aetaottnttng to the mortgagor for any stuplus; to pay all costs. charges, and expenses. including lawyers fees and title searches. reasonably incurred or paid 6y the mortgagee because of the jailtu+e of the mortgagor to promptly and fully rnmply with the agreeements, atipulaliona, conditions and covenants o/ said note and this mortgage. or either; to perform, rnmply with and abide by each and every the agroemenls, stipulations. conditions and covenants set forth in said -note aced this mortgage or either. In the event the mortgagor (nib to pay when due any tax, assessment, insurance premitun or other stun o; money payable by virtue of said note and this mortgage. or either. the mortgagee may pay the same. without waiving or a/(acting the option to joroclose or any other right hereunder, and all such payments shall' bear interest from date thereof at the highest law- ful rate then allowed 6y the laws of the State of Florida ~f any sum of money herein ref erred fo be not promptly ,paid within thirty days next after the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the enttro sum mentioned in said note, and thu mortgage, or .the entire- balance tuepaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or heroin to the rnntrnry nofwifhstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not rnnstifufe n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~p~~~ ~~~lr the said mortgagor has herrunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence of 'MARj..TON RAY D VENPORT/ -!~v---~.....----• -c--------•--------'-`-'~-------------------•--- -~'M~I~fI~C$ B. DAVE f t . E STATE OF FLORIDA, COUNTY OF ~ - I HEREBY- CERTIFY that oa this day, before me. an ~ officer duly authorized in the State aforesaid and in the County a(oreuid to take acknowledgments, personally appeared MARLTON RAY DAVENPORT and MINNIE B. DAVENPORT, his wife ~ to me known to be the person s described in and who executed the foregoing instrument and who acknowledged 1 before me that they executed the lama WITNESS my hand and official seal in the County and S e last aforesaid this day of l A. D. 19 7 9 . i -•~..~.C.~--•--•--- - s ~ tary Public . 4314Q5. , ~ - -tom t TF.1 Gi_ i. ~a~.,;y~<~'~ ~ S~~K 301 Fa,~ 2753 -