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HomeMy WebLinkAbout2911 _..11. ~ - ~«a~r-....._. ~.-~..t. ~ i.r.- and shall perform, comply with and abide 6y each and every the ag?eemenfa}•'stipulalioni, conditions and covenants thereof. and o/ this mortpagv, Then this mortgage and the estate hereby ceoted, shall cease, de- termtne and be null and twtd. tits mortgagor hen+by /urtlter oouenants aru( agrees to pay promptly when due the principal and interest and other soma o/ money provided jor to said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligaftona. and encumbnsrtces of every nnfun on acid pro- perty: to permit, commit or suffer no waste, impairment or deteriowtion o/ said land or the improvemsnb 1hs?ecn at any finis; to Irsep the buildings now or hereafter on said land jolly insured to a sum o/ not less than highest insurable value in a rnmpany or companies acceptable to the mortgagee, the policy or policies to bs held 6y, and paynbb to, said mortgagee, and to the event any sum of money becomes payable 6y virtue of such instrance the moNgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any attrpltts; to pay all costs, charges, and eape?uea, including lawyer: feel and title searches, reasonably incurred or paid 6y the mortgagee because of the fatluro o/ the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply wfth and abide by each and every the agreements. stipulations, cortdiftons and covenants set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the acme, without waiving or of fecfing the option to Jonaclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ful Hate then allowed by the laws of the State of Florida. ~l any sum of mo?tey herein referred fo be not promptly paid within -30- days next after the same becomes due, or if each and every the agreements, stipulations, conditions and rnuenanb of said note and this mortgage, or eithe?, are not fully perforated, complied with and abided 6y, then the entire stun mentioned in said ?tote, and this mortgage, or the .entire balance unpaid thereon, shall forthwith or thereafter,, of the option of the mortgagee, become and be due and payable, anything in said rota or herein to the contriary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not corrstiftrte a waiver of any rights or options under said Hole or this mortgage accrued or thereafter accruing. ' ~n ~~UlQSS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the day and year jInt above written. Signed, sealed and delivered in the presence of . David B. P tram, J - .a ' N STATE - ~ - - FLrJ,'~~~,~ ~ i-1 ~ F "i• j DEPT. GF NEYEHJf "s` ~~~3-t-~ - t E sTATE of ~~,xX GEORGIA 3~ COUNTY OF FULTON I HEREBY CERTIFY that on this day, before. me, an officer duly authorized in the State aforesaid and in the County aforesaid to uke acknowktdgments, personally appeared David B. Putnam, Jr. 4 to me known to be the person described in and who executed the [oregoinR instrument and he acknowkdRed before me that he executed the same. WI7 NESS my fiand and official teal in the County and State last aforesaid thu r/ R day of Apr i 1 A. D. 19 7 9 . 3 F;i_Cv =;~37 RECORDED- Notary j,- ' Public ~ ~ ~U`:TY. FL' State of Georgia ~ ;l 9~4~.~y MY commission escp~~~~:'~ _~pr~ ~ to rge.!: . '79 APR 17 AM ~ : 5 I ~~,:zs s~pt 3ssa U ~ .t t l,;tt~,~:l' ~~i;,~N' 7 furs I,u~nim~•,rr prrpard by: 8306 ~29d7