HomeMy WebLinkAbout1683 and shall perform, comply with and abide 6y each and every the agreements, sflpulntIoris, rnndifions and
covenants thereo/, and of Iltts morfgape, then this mortgage and the estate hereby created, ahal! cease, de-
ferminP]~a~nd~ be WWII and vaid.
I1111f~ IhP mortgagor Item+by further covenants and agrees to pay promptly when due the principal and
tnferesl and other sums of money provided for in acid note and this mortgage, or either; to pay all and
singular the taxes, assessments. levies, IlabilitlPS, obligations, and encumbrances of everp nature on said pro-
perty: to permit, commit ar silt
ter no waste, impairment or deterioration of said land or the improvements
IherPCn at a?ty tintP; to ItePp the btllldings now or hereafter on said land fully insured to a sum of not feu
than -----------------------full insurable value-----•--------------•--------__---
in acompany or companies accPpfa6le to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and (n IhP event ony sum of money becomes payable 6y virtue of ouch insurance the
mortgagee sholl have the right to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor -for any surplus; fo pay all costs, charges, and expenses, including lawyer's Jess and title
searches, rPaso?tably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreeme?tts, stipulations, conditions and rnvenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements. stipulations, eondtliona and
rnvenants se! forth to said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or Piflter, lhP mortgagee may pay the same, wilhouf waiving or affecting the option fo foreclose
or any other right IterPtlnder. and all such payments shall bear interest from date thereof at the highest law-
f ul M1P Ihen allowed by the laurs of the S1ntP of Florfdn.
lL any sum of money herein re~PrrPd f0 lrP not promptly paid wifltinthirty (3~) days next after
the same hPCOmeS due, or if each and every 1hP agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performecJ, complied with and abided 6y, then the entire
sum mentioned in said note, and ibis morlgagP, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and bP due and payable, anything in said note or herein
fo the confrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute n ulaiver of any rights or options under said note or this mortgage accrued or "
therea f ter accruing.
~n ~~ulrzSS ~~Of, the said mortgagor has IIPrP11nt0 signed and sealed these presents fhP
doy and year f irsf above turitten.
Signed, s sled and delivered in the presence of : _
STATE OF FLnRIDA, • ~ • ~ • • , "
I HEREBY CERTIFY that on.- ~ befVti+!•~ an
officer duly authcirized in the State aforesaid and in the County aforesaid to take acknowiedgtne t~ ~Y•~
r
BOBBY J. HIERS -g:.~ ;•;ti_,
to me known to lx thr prrson described in and who ezecutrd the foregoing instrument a ,a~;f~~~~.
M~ !
iufor~• me that he executed the same. ' ~ ~ ~ , .
N'I7:1ESS my hand and official seal in the County and Swa• last aforesaid this c~~! ~ of
s April A. D. 19 79 ,
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'n CpMMtSStON ExPtr<E r 31. 1919
} ~1fi1VS1 B014I1E0 ~n (NS. DHDENaAITEFLS
F '79 t~fi~ 25 ~i'+~ ~ : y0
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"!'/~u lulnunc„~ prepared by: AI~iITA M. LO PRESTI
Thb Itistrtrm~ttt tep pttlper~ tics fl1
Al(dR-~u (?tYmp c Tare 3 Abstract C.^mpatry, 18f~ OkeecMbee Road, Fott t'terq, FlorWa 33450
~j as a nacessary incident to the (uiGllment of owtditioAS aontalold ig g ~
~aK ~ / ~J~~V~ ittsnnnce committsaM is>iwd by IL
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