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HomeMy WebLinkAbout1881 i } and shall perform, comply with and abide by each and every foie agreements, sftpuTafto?is, conditions arte~ covenants thereo/. and of tht: mortgage, then this mortgage and•ths estate hereby created, shall cease, de- ~ termine and 6e null and void. i j~,~~ nl~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and i?tferesl and other sums of money provided for in aatd note and this mortgage, or either: to pay all and singular the taxes. assessments, levies, liabilities, obligafiona, and encumbrances of every nature on said pro- perty: fo permit. commit or st?f ter no waste, impairment or deterioration of said land or the improvements thereon at any time: to beep the buildings now or hereafter on said land fully instu+ed in a sum of not lesa than in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and in the event arty sum of money becomes payable by virtue of such instuance the mortgagee shall have the right to receive and apply the knme to the indebtedness hereby secured, accounting to the mortgagor (or any surplus; to pay all rnsts, charges, and expenses, including lawyer's Jees and title 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, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when dt.e any tax. assessme??f. insurance premium or other sum of money payable by virtue of said Hole and this' mortgage, or either, the mortgagee may pay. the same, without waiving or nJfecting the option to foreclose or any other right hereunder, and all such payments shall bear Interest from date thereof nt the highest law- f ul rate then alloured by the laws of t?te $tafe of Florida. ar?y sum of mo?tev herein referred to be not promptly paid within Ch11K~ day: next of ter the same hecomes due, or i( each and every the 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, artcl 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 note or herein to the contrary nohvifhstanding. 1=aihrrn 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 accrued or 7 thereafter accruing. , i ~n ~itnesS whereof, the said mortgagor has herntrnto signed and sealed these presents the day and year fiat above a+rillen. • • Signed, ar ?rl were in ire presence o(: ....-..-~a.~. - - - - - - . . - - - - - STATE OF FLORI A, ' COL\TY OF ~SCIv I HEREBY CERTIFY that on this day, before me, an j officer duly authorized in the State aforesaid and in the County aforesaid to take acknowled¢ments, personalty appeared w - Bffi~lTOli MJxPHBT { to me known to be the person described in and who executed the forc¢oinq instrumen_ t and bt atkr?owkdaed before mr that ~ executed the same. - ~ 1~'ll:\ESS my hand and o(firial seal in the County and State Last aforesaid this ~Y(L~ ~ ,•day of c~3 ~ ~ ~ = (Notary Seal) ~AItT PUBLIC ~ . =t:_~~ ts~: ~ECOR~EG - ~~Di~~ '~9 ~F? ° PM 2 ~ 04 U i I7ru huln~rnnt~ prrpnrr ~1 hy: ~ ~ JU~ . 18 7t7 ;1 rldrrsr