HomeMy WebLinkAbout2636 and shall perform, comply with and abide 6y each and every the agwements, stipulations, conditions and
eot?enants thereof, and of this morlgaps, then this mortgage and the estate hereby e?eated, steal! cease. ds-
ferntine and be null and twirl.
~11l~ the mortgagor hereby f wfher covenants and agroes to pay promptly when dw the principal and
interest and other stems of money provided for in said note and this mortgage, or either; to pay all and
singular fhe faxes, assessments, levies. liabilities, obligations. and encum6ronces of every nnttue on sntd pro-
perly: to permit, commit or suffer no waste, impairment or deterioration o) said land or fhe improvements
therrcn of any time: to beep the buildings now or hereafter on said land fully tnaured in a sum o) not less
than loll iasurablfrf vslnt!
In a company or companies acceptable to fhe mortgagee, the policy or policies to 6e held 6y, and payable
!o, said mortgagee, and in fhe event any sum of money becomes payable by virtue of such insurance lhs
mortgagee shall have the right fo receive and apply the same !o the indebtedness hereby sectsrsd, aceounttng
to the mortgagor for any surpltu: !o pay all costs, charges, and expenses. including lawyer's jean and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with fhe agreements, stipulationw. conditions and covenants of said note and flits mortgage,
or either; to perform, comply with and .abide by each and every the agreements, stipulations, conditions and
covenants set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage. or either, the mortgagee may poy the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all attch payments shall bear interest from date thereof a! the highest law-
f ul rote then allowed by the laws of the State of Florida.
7l any sum of money herein referred to be not promptly paid within $0 days next after
the same becomes due, or if each- and every the agreements, stipulations, conditions and covenanb of said
note and this mortgage, or either, are not fully performed, rnmplied with and abided 6y, then fhe entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, ahall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything to said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accused or
thereafter accruing. `
~n thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year firs! above written.
Signed, sealed and delivered in the presence oj: n
_ /I'/ `9 '
~ ~ Thotoss C.
witnesv~ De~fa---F. Psr~Cer
i
s STATE OF flAfl~ )Diorite Carolina
COUNTY OF c c.-~~-~_c7 pi
~ I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Shptras C• Parker and Della i~. Perkerr his wife
to me known to be the prrsos; described in and who executed the foregoing instrument and t]~y acknowledged
before me that they executed the same.
WI7:WESS my hand and official seal in the County and State last aforesaid this ~
~ day of
lebrnarp A. D. t97g
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is
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ExD~ eS 1u!y Int. 1c,33 J
~:~~.COr%`v^ ~lp?Yfrotnmission r _ .
a)C7~J L ~ 1 •Ai t ti 3
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LURK-Ci:!i:L:,i' _
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Tlru hu(rumrn! prrparrd by: G. Thos, heath ~ K -
~t?~dJ7xf ABSTRACT 1R TITIE CORP C= F! . - ~ .
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- YY.- S 27rD ST FORT OIfsRCE. F. ^ = ' S`~'
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