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HomeMy WebLinkAbout2267 acid :hail perfurnl, comply with and abide by each and every the ag?eerpprlls, stipulation's. conditions and rnverlarlts thereof. acid of tht: mortgage, then Ellis mortgage and the estate hereby c?eated, shall dews, de- fe1mi11P a/ld be Illlll Olld I~Oid. 1he mortgagor hereby further covenants a?Id agrees to pay promptly when dw 1he principal and trlteresf acid other sums of money provided for to said Hots and this mortgage. or either; to pay all and singular the fares, assessme?Ifs, levies, liabilities, obligations, and encumbrances of every Wotan on said pro- pe?ly: fo pernltl. commit or suf jer no waste, impairment or deterioration of said land or the improvements - fherwcrl at arty lime; to ltePp the buildings now or he?eafter on sold land fully insured in a sum of not less than - in a conlprl?ly or companies acrepta6le to the mortgagee, !hs policy or policies fo be held 6y, and payable to, said mortgagee, acid fn the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu~ed, accounting to the mortgagor for arty surplus; to pay all costs. chnrges, and expenses, including lawyer's fees and title searches. reworla6ly iriclrrred or paid by the mortgagee because of the failwe o/ the mortgagor fo promptly and /ally rnmply with the agreemerlfs, stipulations, conditions and covenants of said note and this mortgage. or either; fo pe?form, rnmply with and abide by each and every the agnemenfs, stipulations, conditions-and covenants se~ fo?1h in said note and flits mortgage or either. In the event Ihs morlgagw /ails to pay when due any fax, assessment, tnsl/rorlce premium or other sum of money payable 6y virtue of said note and this mortgage, or either; the mortgagee may pay the same. without waiving or nffecting the apiien !o foreclose or. any other right hereunder, and all such payments shall bear intere=t (root date thereof nt the highest law- ful rnte then allou~e<I by the laws of the State o{ Florida. 7` any sum of money laerein re(prred-fo be not prompflp paid within tQi ~10~ day: next offer the some becomes dire, or fj each and every the agreements. stipulafio?u. conditions and covenants of said note and this mortgage, or Dither, are not fully per/armed, complied with and abided by, then the enfin sum menlionetl in said note. and ibis mortgage, or the entire 6alarlce unpaid thereon, shall jorfhwifh or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note ~ lignin to the contrary notu~ithstandi?Ig. Faillrre l,y the mortgagee to exercise any o/ the righa or options herein provided shall clot consfitrrfe a waiver of any rights or opfiorls under said note or this mortgage accrued or thereafter accruing. - in ~~~le Else said mortgagor has 6ereunfo signed and sealed these presents the day and year f irsf above srritfen. Signed, sealed and delivered in the prnsence of : - _ ~ ~~e~~ DAVID L . FROMANG r t STATE OF FLORIDA, ~ COLNTY OF I HEREBY CERTIFY that on this day, be[ore me, an officer duly authorized in the State aforesaid and in the County afor~ssid to takr ackssowkdgments, personalty appeared DAVID L. FROMANG t . to me ksmwn to 6c the person described in and who executed the forcgoinR instrument and he acknowledged F,efore me that he executed the same. ` ~~'I'l-tiESS my hand arsd official seal in the County and State last aforesaid this ` day of January, A. D. 1979. - i RECORDED Notary Publ i ,~~te of Fl` a~; • - f ~ ~E0 AND UyTY Large . My Commission Exptra~ri - f'Ic CO ~ . ALA. \ 1 @•, t c.:. - f =v'im' •~.Q~ ~V "i 4, ' 4` ate:: ~ T M it V ~w C~ ERK CIRCU{? CGUR7 Thu hwn~,,,~„i prcpor~! Hy: Stephen D. Frottlang, Attorney At Law ~ 11+f+~"~ 2183 Ponce de Leon , Vero Beach, Florida, 32~i9 ! eeaK~ ~`~'~2~7 - - - - ~ - R ` ~ s:.