HomeMy WebLinkAbout1232 and shall perform, comply u;il)[ nttd a61d~ by each and every fire agreements, stipulaltoris, conditions and
couenants thereof, and o(~thta mo?tgafte, then this mortgage and the estate hereby created, shall cease, de-
tarmine a?td be null and voicl.
the mortgagor hereby further rnuernnfs and agrees to pay promptly when due the principal and
interest and other sums of money provided (or in said Hots and flits mortgage. or either; to pay all and
singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of suety nature on said pro-
pe?fy; fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvement
therec?[ al any time; fo keep the buildings now or hereafter on said land fully Insured in a sum of not less
than full .insurable value
in n company or companies acceptable fo the mortgages, the policy or policies to be held by, and payable
to, said mortgages, and in Ihs event arty sum of money becomes payable by virtue of such Insurance the
. mortgagee shall have the right to receive and apply fhs same to fhs indebtedness hereby secured, aeeounttng
to the moNgagor (or any surplus: to pay all costa, charges, and expenses. including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure 'o( the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and rnvenants of said note and flit mortgage.
or either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants set forth In said note and flit mortgage or either. In the event the mortgagor falls to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and flit
mortgage, or pitlter, the mortgagee may pay the snore, without waiving or affecting the option fo foreclose
or any other right hereunder, and all sruh payments shall bear intere~f from date ther+eo( nt the highest Iaw-
f ul rate `then allowed by the laws of the State of Florida.
)l any sum of money hpretn referred t0 be not promptly paid within thirty days next alter
the same becomes dup. or i( each and every the agreements, stipulations. rnnditions and covenants of said
note and this mortgage, or either, are not fully per(otTrted, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage; or the entire balance unpaid !hereon, shall forthwith or
thereafter, a1 the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shalt' not constittrtp a u~aivpr of any rights or options under said note or this mortgage accrued or
thereafter accruing.
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n ~~uleSS ~h~Of, flip said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sled and delinpred ire flip presence o(:
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wi, e,~s C : 1 - S~ ' RRY C
CY THIA G .
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STATE OF ~~~Y~~. GEORGIA rS )
COU:\TY OF ~ lC(~yyr.;~.-,d, i
I HEREBY CERTIFY that on this day, before me, an
olficer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
SHELBY TERRY CLARK and CYNTHIA G. CLARK, his wife
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to me known to be• the persong described in and who executed the fore¢oine instrument and {,clip acknowledged
before me that theyexecuted the same.
17•~ESS my hand and official seal in the County and State last aforesaid this ~i~ day of
s. February A• D- 19 79
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-'i r a. - n L C 0 R D E D NOTARY PUBLIC
• _ My Cormaission Expires.'
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' i~ ' ; 5 Pi~j 2 : 5 4 rrac ~ofnrntss~oa 2fi,
79
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T/~is Ilwrtlnlfll/ prr'Prlrrd ~y: SHELLEY K. GRAHAM 60RO~ W4
COLONIAL TITLE COMPANY INC.
`1c~i/ress 746 W. COLONIAL DRIVE, ORLANDO, FL. 32804 ;
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