HomeMy WebLinkAbout1062 and shall perform, comply urith and abide 6y each and every the ngreemenls, sfipulattoru, conditions and
covenants thereof, and of this mortgage, then thin mortgage and the estate hereby creoted, shall cease, de-
termine and be null and troid.
~d the mortgagor hernby further covenants and ogress to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the faxes, assessments, Ietrte:, liabilities, obligations, and encumbrances of every nature on said pro-
perty: to permit, rnmmit or suffer no waste, impairment or deterioration of snid land or the improvements
thereon at any time: fo peep the buildings Hour or hereafter on said land fully insured in a sum of no! less
than
in n rnmpany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum o/ money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply she name to the tndebtednesa hereby :scored, accounting
to the mortgagor for any surplw: to pay all rnsts, charges, and expenaea, including lawyer's fees and title ~ i
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, rnndiliona and
covenants set /orfh in said note and this mortgage or either. /n the event the mortgagor /ails to pay when
due any tax, assessment, insurance 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 of/ecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ;
ful rate then allowed by the laws of the State of Florida.
` ~
~l any sum of money herein referred fo be not promptly paid within 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 jolly performed. complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said Hole or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitlrte a u~nivPr of any rights or options under snid note or thin mo?tgnge accrued or
thereafter accruing.
'S
~Il witness ~heCeof, fhP .said mortgagor has hereunto signed and sealed these presents the
day and year first above urrittPn. v
i
~ Signed. Sealed arld dPI11~PrPd l1 1hP prPSPflfP Of ~ -
I
i
r
..-..V - ~ f~1./ I - - -
rr..
/ ,
CARL A. DAVI
' i/ -
,
C U
i - - _ _ _ - - HILDA A. DAMS
i
STATE OF FY~~#1~?, MISSISSIPPI
coL~rTV of GEORGE i
I HEREBY CERTIFY that on this day, betorc me, an f
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~
Carl A. Davis and wife, Hilda A. Davis ~
to me known to be the persons described in and who executed the foregoing instrument and ~ /fir f acknowledged f
before me that theyexeentea the same. I
NiIT\ESS my hand and official seal in the County and State last aforesaid this % ~ day of
Decembfar A. D. 19 75.
- (1
. .
~ .
~3'~~32Q
M~ :~r'.h'~~ ~•R`~ 7.' s 1 J, ~.T; r~. 59 1t 4EC p E
• - s~. EUCIE cour~r ~t
- 7 tl4:rs ~ ROGER POITRfii
CLEFK W~CWt COURt
RECORD YER"%IEO
. 77i,r /„~~nnurM prrF~rrnlby: William T. Bailey, Attorney ~~•rjv
~~~~fr Main Street -
"`-.+,,a~/W Lucedale, Ms. 39452
I . r~ ~