HomeMy WebLinkAbout2806 and shall perform, comply u/tlh and abide 6y each and every the ogrsemenfs, stipulalioris, conditions and
rntlP?tartts thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
fermine and be null and void.
Ii~ IIIP mortgagor hen+by further covenants and agrees to pay promptly when due the principal and
i?Ifernsl and other sums of money provided Jor in said note and this morlgage, or either; fo pay all and
strlgula? the lat;es, asst•ssntPrlfs, levies. Itabililies, obligations, and encumbrances of every nature on said pro-
pe?ly: to permit. commit or suffer no waste, impairment or deterioration of said land or the improvement
fherncrt at arty IintP; to lrPep Ilte bt/tldirtgs Wool or hernajtPr ort said land jolly instued in a sum of not less
than nil
in a company or companies acceptable fo the mortgagee, the policy or policies to I>e held by, and payable
to, said mortgagee. and in the e1lent any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receitlP and apply the same to the indebtednea hereby secured, accounting
fo the mortgagor (or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reason(Ibly incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly
and jolly comply u/tth the agreemP?Its, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the ogreemertfs. stipulations, conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when
due any tax, assessment, i?ISrlmnce premium or other st/m of money payable 6y virtue of said note and tht
mortgage. or either, the morfgaflee may pay the same, without u?aiving or affecting the option to foreclose
or arty other right herPttrtder, and all such pnymentspshall bear interest from dnfe thereof at the highest law-
fUl ra1P theft allOlverl hV tIIP 1a10S Oj fhP State Oj Florida.
lL .any sum of money herein referred to be not promptly paid within thirty Boys next after
the same IlPCOmes dtle. or ij each a?Id every IIIP agreements. stipulations, conditions and covenants of said
_ note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this morlgage, or the entire -balance unpaid thereon, shall forthwith or
lhereajter, at fhP option of flee mortgagee. become and 6P due and payable, anything in said note or herein
to the contrary noftvithstarlding. F'ailtlrP by the mortgagee to exercise any of the rights or options. herein
provided shall not constitute a waiver of ctny rights or options under said note or this mortgage accrued or
1hPrnajtPr accruing.
~n ~itntSS whereof, t11P said mortgagor has h reunlo signed and sealed these presents the
day and year Jirst shove uniden.
Signed, sealed and dPlivPrnd in the pmsencP of : -
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- AR •S. POWERS
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STATE OF FLl)RIDA,
COUtiTY OF W1?~tRt-i
I HEREBY CERTIFY that on this day, before rne, an
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~ officer duly authorised in the Statr aforesaid and in the County aforesaid to take acknowledgments, personally appeared
~ ARTHUR S. POWERS
to mr known to he the person described in and who executed the foregoing instrument and who acknowkdged
lu•fore me that he executed the same.
ti N't7'tiESS Isty hand and official seal in the County and State last aforesaid this !q t'3 day of
tutir~.G- A. D. 19 79
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I FILED AND RECORDEC -
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C^U!~TY, RLA.= NOTARY PUBLIC
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~ My Commission Expires: $ '
'79 t~R 2 8 Aid I I : 3 3 ` ~rn'~~ p,~l c s-.+r_ cc f:or.l aA ~T wont
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