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HomeMy WebLinkAbout2045 y _ and shall perform, comply wish and abide by each and every fhs ogreementa. stlpulntbni. condlltoru and cot+ettanls (hereof, and of this mortgage, Then this mortgage and the estate hereby crated, shall cease. de- termtne and 6e null and void. the mortgagor hereby further cawnanls and agues to pay promptly when dw the principal and Interes! and other sums of money proutded fo? to sold note and tha mortgage. or either: fo pay all and singular the taxes, assessments. levies. llabllilles. obligations. and etuum6rartees of every nature on said pro- perly; to pe?mil. commit or suffer no wosfe. impairment or defe?iorafion of said land or the improwmenb lhPrecn of any lime: fo Pep the buildings now or hereafter on snid land fully Insured in a sum of not less than - in acompany or companies acceptable fo the mortgagee, the poUcy or policies fo 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such irutuance the mortgagee shall have the right to ?creiw and apply the same to the indebtedness hereby secured, accounting to the morfga(tor for any :urpltu: to pry all costs. charges, and expenses. including lawyeri fees and title searches, reasonably incurred or paid 6y the mortgagee 6eeawe of the jatluro of the mortgagor to .promptly and fully comply with the agreements, stipulations, conditionu and eotrenanta of said note and thts mortgage. or either; to perform, comply with and abide by each and awry the agreements, stipulations. conditions and covenants set f Drib in snid note and this mortgage or either. In the errant the mortgagor jails to pay when due any tax, asseumertt, insurance premium or other sum of money payable 6y virtw of 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 from date thereof nt the highest law- . ful mte then alloured by the laws of the State of Florida. ~L any sum of money herein re(errpd fo be not promptly paid within thirty days next ajfe? the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants, of said note and this mortgage, or either, are not fully pe?jormed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the enttr+e balance .unpaid thereon, shall forthwith or thereafter. of the option of the mortgagee, become and be due and payable, anything in said note or herein fo the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n wait+er of any rights or options under snid note or this mortgage accrued or thPrPaffer acrruiug. ` - 7n ~julQSS thereof, the said mortgagor has hereunto signed and :Paled these presents the day and year (i?st shot+e tt+riflPn. Signed, sealed and delft+PrPd in the presence of ~ ~ . - rren Elbert T- - - s n Dollie Mae Thompso E - i STATE OF FLORIDA, coL*rTY ~F FLORIDA I HEREBY CERTIFY that oa this day. before tne+ an officer duly authorized in the State aforesaid and in the County aforesaid to take. acknowledgments, personally appeared WARREN ELBERT THOMPSON and DOLLIE MAE THOMPSON, his-wife to me known to -be the peison S descn'bed in and who executed the foregoing instrument and they acknowledged Ixforr me that they executed the same. N'I7-NESS my hand and official seal in the County and State last aforesaid this 24th day April . A. D. 1979 - - - . ~ _ ~ - - ~ ~ ~ - - _ - ~ ~ t#fs~rr,r iutir l~~~ eie ~ottrer? ,fit wi0t . :.t- s ~ 4422y7 u~f~lt~lo~l t~s ~ta?. f,•.: r + ~ _ - `1= , . ~ 6 ~'1 I I ~ (t11~o r+rw cir,itt,~u t r~ . ut~ioEtwtl7~ _ _ - q 17iu lulrrr,~~l!~~''//)~I ppre~~pp~~l,rr~~ 6y: , ltt~3 fRsi?df1)enf 'Was Prepared By: ~n AJdrrxr C: -•~MEDANAID. Jtt., AHosett DUC~tIW~ PACE2045 ~1114f1111 ~adoral 8uildir?9 , PF ~itilae, Horida 33450