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HomeMy WebLinkAbout1693 and shall perform, comply with and abide 6y each and every the agreements, sttpulnfioni, condifiorts and covenants thereof, aria of tltts mortgage, then this mortgage and the estate hereby created, shall cease, d~- fermine and 6e nuU and void. IU~Y IhP mortgagor hen~by further rnuenants and agrees !o pay promptly when due 1hs princip6l and interest and other sums of money provided jor in said note and this mortgage, or either: fo pay alI and singular the lases. assessments, levies, Iinbflifies, obligations, and encumbt+artces of every nattue on said pro- perty: to permit. commit or stiffer no waste, impai?ment or deteriorofton of said land or fhs improvements thPrecn at n?ty time; to RPPp the buildings now or hereafter on said land fully insured in a sum of no! less than Illaxilltlm insurable value in a company or rnmpantes acceptable fo the mortgagee, the policy or policies to be held 6y, and payable fo, said mortgagee, and in the PvPnt any sum of money becomes payable 6y virtue of such truurartce the mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting to 1hP mortgagor jor any sttrplers: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incttrrecl or paid 6y the mortgagee because of the joiltue of the mortgagor to promptly and fully rnmply urifh the agrePme?tts, stipulations, conditions and covenants of said note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessmPrtf, insurance premium or other sum of money payable 6y virtue o/ said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest /rom ante thereof at the highest Iaw- jul mte then allou?erl by 1hP laws of the State of Florida. 7l any sum of mo?!Py herein reIPKPd f0 be not promptly paid within 30 days next after the same becomes due, or ij each and every the agreements. stipulations. rnndifions and covenants of said note and this mortgage, or either, are not fully perjonned, rnmplied 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, of the option of the mortgagee. become and 6e due and payable, anything in said note or herein fo the contrary nofu~iths[anding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constihdP a waiver aj any rights or options under said note or this mortgage accrued or thereafter accruing. Dn ~~~f, the said mortgagor has hereunto signed and sealed these-presents the .day and year first above written. Signed, SPQIPd slid dPl11~PfPd Irt the prPSPnCP Of: i~~ ~ E } STATE OF FLORIDA, 4 COU.' Y (~F S'j'. jjJC~ 3 ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appearrd I PATSY G~RDRiTA and llII.IA GA~F~,I~?, his wife, to me known to be the person S dexribed in and who executed the iore¢oing instrument and ~~y acknowledged ~ before me that they executed the same. l/ / `i H'IT\ESS my hand and official seal in the County and State last aforesaid this - day of April A. D. 19 79. s E i F~ ;.Nd RECORDED- ~ .............P.. _ , . NOTARY - to of on t _ r r; l ~0~51 ~ omission ~cpires: ~ ~ '79 ASR 6 PM 3:33 _ Sri /,.f %u histn~ia~ul p)rpnrr~J by: - t - ~ . ~z~ a;;Rr ~ac~ 1691 , :.y.:ua _ N _ ,