HomeMy WebLinkAbout1505 , and shall perform, comply wish and abide by tack and every the ag?e«menta, stipulations, conditionu and
eovenanb thsreoj, and of this mortgage, then this mortgage and the estate herel,y created, shall cease. de-
termine and be null and void.
the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jar In laid note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies. liabilities. obligations, and encumbrances of every nature on snid pro-
perty; fo perr?til. rnmmit or suffer no waste. impairment o. deferiorotion of said land or the improvements
thereon nt any time; to keep the buildings now or hereafter on said land (ally insured in a sum of not less
than
in a company or companies acceptable to the mortgagee, the polity or policies to be held 6y, and payable
to, snid mortgagee. and in the even! any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jar any surplus: to pay all costs, charges, and expenses, including lawyers Dees and title
searches, reasonably incurred or paid 6y the mortgagee because of the jailors of the mortgagor to promptly
and jolly catnply with the agreements, stipulations, conditions and eotrennnfs o/ snid note and ibis mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
rnvennnts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any lax, 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, urithouf waiving or of
jetting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereaj at the highest laur-
f ul rate then allowed 6y the laws o/ the Stole of Florida.
any sum o/ money herein referred to be not promptly paid within ~d day: next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
~ note and this mart a e, or either, are not ll
g g f u y pPrjormed, complied with and abided 6y, then the entire.
i 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 snid note or herein
f fo,tfl'%£o r t~fwithsfanding. Failure 6y the mortgagee to exercise any of the rights or optiorur herein
I ,~°w~~'iorutitute a waiter of any rights or options under said note or this mortgage accrued or
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(CORPORATE ~ ~~L11[~.l 1AV1~[[~V` the mortgagor has mused These presents to
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~EAC) be executed in its name, and its rnrporote seal to be hereunto affixed, 6y its
proper of
titers thereunto duly authorized, the day and year first above written.
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.-FIRST..B~AYTIST---CHRt1IIi-AF--FfaRT.-PIBBCB,..IN .
ATTEST:---- ~ .
SrrrMary
Si ,sea ed and a in the presence of : Y ' ,
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- ` '79 6 AM 9:24
~ ~ o` FLORIDA
bounty of sT. LUCIB - , _ . ~
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} 1 tft:RFRI' CERTIFY tiwt on tRb day. orlon mr, an o//icrr duly auti~or:red ~s ~t?ie ~Wofe-arid ~ounly o/onsdld to ta4 ac4rea.~lydg-
~ mrnt:. prrsoraliy apprand BUNNIE RESN Bad JOYCE L. CALVBRT
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F u•eii (<noa+r to m< to 6t ti,e Pnsidrnt and Secretary ?rff~-fierfy o) liw co.pa.atton na,rrci as
' mortgagor in file /ongoing instnuvnt. and tint trey arrrrally actmou~rdgrd ~reculinq Il,e :scar. in tie p?fenc~r o/ too wirs[riiiinp uifrvssn.
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(.rely and raiantorit~ urrie? autiwrity duly rested in (term 6y sowi rnrtwrotion and that the seal otli.td tivnto is tine en,e corporate scat o/
I said rp.poratian.
~VITi\rS~ my hard and d/icial sect m th• Coanty and Stair Iaft a/unsaid tGt, 26th day d Februarq
F A. n. t9 79.
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of Puff is Statts atf ~ ,
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