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HomeMy WebLinkAbout1886 artd shall pc•rjorm. Comply with and abide 6y each and every the agreementa, sfipulattoris, conditions and covenants therca/, and o/ [Iris mortgage, then 1hiJ mortgage and the estate hereby c?ealed, shall cease, ds- (MmInP and he null and void. )<i~ fltP mwfgaifor !tc•rPhy jurther covenants and ag?ees to pay promptly when due the principal and interest and other sums of money provided jor in said note and fhb mortgage, or either; to pay all and singular the faxes. assessments. levies, liabilities, o6ligatiorts. and encumbrances of every nature on said pro- perty; /o permit. commit or su/jer rto waste, impairment or deterioration o/ said land or the improvements thPrncn al any tlmP; fo IrPep IhP 1)trildirtgs now or he?Pa/ter on said land fully insured fn a sum o/ not less than N/A in a company or companies ~ - Pt)fable fo the mortgagee, Ilte policy or policies fo 6e held 6y, and payable to, said mortgagee, and in the et t any sum of money becomes payable by virtue o/ such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting fo fhP mortgagor jor any surplus; fo pay nl! costs, charges, and expenses, including lawyers fees and title searches, reasonably irtctrrrPd or paid 6y the mortgagee because of the jailtur of the mortgagor to promptly and fully Comply with the agrPPmertts, stipulations, rnnditfons and rnvenanfs o/ said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, sffpulafions, conditions and covenants set jo?1h in said note and this mortgage or either. In the event the atortgagor jails to pay when due any tax, assessment, insurnnce premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or aj/acting the option to~ foreclose or any other right ItPretrrtder, and all such payments shall bear interest /rom date thereof at the highest !nw- /tt! rate then allotc~ed by ihP laws of the State of Florida. ~l a?)y sum of mortPy herein re%rrPd fo be not promptly paid within 30 days next after fhP same becomes due, or if each and every the agreements, stfpulations. Conditions and covenants of said note and this mortgage. or Pifher, are not Jully performed, complied with and abided by, then the entire sum mention sai . note, artd this mortgage, or the entire balance unpaid thereon, shall forthwith or fhereujfer, of the option o/ the mortgagee. become and be due and payable. anything in said note or herein to the contrary noftuitltstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not fOI1St1t1/tP a waiver o/ any rights or options under said note or this mortgage accrued or fherna/f Pr afcruing. I n ``,M, ` i ~~uleSS ~h~~f, ihP said mortgagor lra5 herPtrnto signed and sealed these presents the day and year just shove tvriffen. SlgltPd SP d P it red ihP prPSPrIfP Oj: i ~ ~ ~ ~ ~ J S P. TERPENI G F _ . - _ . - . _ . _ . _ - -----1.._... ! STATE OF FLORIDA, ~ _ s j I HEREBY CERTIFY that on this day, before me, an officer duh• authorized in the State aforesaid and in the_County aforesaid to take acknowledgments, personally appeared JAMES P. TERPENING to m~• known to tx thr person described in and who executed the foregoing instrument and Who acknowkd~ed s Ixfore me that he e7CfCUIed the samt. _ E N'I7:~1ESS my hand and official seal in the County and State last aforesaid this ~Q_.~ day of ~ 79. • ' } A. D. 19 . _ - . ~ _ • ` = - F1It0 ~~JG R NOTARY PUBLIC ECOR 'C ~:uUftTY FL4. . •n~r i; ^ _ MY COMMISSION EXPIRES: ~ ` y79 AP~2 9 PM C ~ 1 Z ~ ''~".i3fy i t;!:''('. ~:t?tt ~i Flria~ 13r~g ~Y~ tic,,r,rt,l,,:u~-~ Ex~:res t~D. [I, tJ.;~ a ~-~7-p3 . ~r.r, ` ~ ,/t.. 3 - 3 { i /lus hlslnu111'n/ plrprrrr! hy: