HomeMy WebLinkAbout2381 acid shall perform, comply u+ifh acid abide 6y each acid et+ery the agreements, stppulationi, rnndittoru and
cot+enanfs thereat. a?td of this mortpasle, then this mortgage and flte estate hereby created, shall cease, ds-
te?mine and be null and void.
the mortgagor hereby (ttrther covenants and agrees to pay promptly when des the prirtctpal and
inlerrsl and other sums of money provided for in said Hole and Ihis mortgage, or either; fo pay all and
singular the lases, assessmertfs, leutes, liabilities, obligations, and encumbrances of every Wotan on said pro-
pe?ty: fo permit. commit or strJJer no waste, impairmertl or defertoraNon of said land or the fmprovemenls
Iherecn al arty time: fo Iteep the btrildi?tgs rtow or herr+aJter on said land Jelly insured in a sum of not lee
than
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance 1hP
mortgagee shall hat+e the right to receive and apply the same to the indebtedneu herby secured, accounting
to the mortgagor Jor nny strrpltts: to pay all costs, charges, and expenses. Including lawyer i Jees and title
searches, reasonably i?tctrrred or paid 6y the mortgagee 6ecouse of the failure of the mortgagor to promptly
and Jelly rorirply with the agreements, stipulations, conditions and cotenants of said note and this mortgage.
• or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
COl+ella/ifs set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, Insurance premium or other strm of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pry the same. without wniving or of
fecttng the option fo foreclose
or any other right hereunder, and all such payments shall bear interest Jrom dote thertro/ at the highest law-
Jttl rnte`then allowed by the laws of the State of Florida. ~
o?ty strm of money herein referred to be not promptly paid within ~ G~_" _ next of ter
the same becomes dire, or iJ each and every the agreements, stipulations. conditions and covenants of said
note.and tFtis mortgage, or eit{ter, are not Jelly perfotTrted, complied with and abided 6y, then the entire
sum mentioned in said note. and fhfs mortgage, or the entire balance unpaid thereon, shall forthwith or
thereojter. at the option of Ilia mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nofu+ifhsfanding. Failure by Ilia mortgagee to exerrfse any of the rights or options herein
pmriderl shall not consfitufe a waiver of nny rights or options antler said note or Ihis mortgage accrued or
lhrreaJlr•r accruing.
~n ~l~~SS ~het'eof, Ibe said mortgagor bas hereunto signed and sealed these presents the
day and vear Iinl abaty~ a+rillr•n-
Signed, sealed ttnd deist+t+rnd in 1be prc+st+ncr+ of : •
%~~16f %/j~~
~`fTMO'IHY - - - - - -
f STATE OF FLORIDA,
~ ccn•yTY c)F Alachua
~ I HEREBY CERTIFY that on this day, before me. an ;
officer duly awhorized in the State forcsaid and in the County aforesaid to take acknowledgments, personally appeared
T SIMVOR'T
i
to me known, to Ix the person described in and who executed the foregoing instrument and he acknowledged
~ heforr me that he executed the same.
3
~CI"1:"~ESS my hand and official seal in the County and Statc last aforesaid this 241}1 day of
~ April A. D. 19 79 _
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. - --.~:2.-~-- .........z_.-.-_ .
s _ i• •
~n Rc~Of QED - -
~ _ .,ti..-•~ ^Lp. Notary Pubic, State Of,flptida,~S,,{~grl;~~ _
: • My Ccmmus~on E,ipises Feb.'24 2 -
.
442505
'79 ,r;^? 21 Pik 3:26 ~
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I
l Jiu Irrt~nrrrr~rrl prrprrrr~il hy: LAWYERS TITLE INSURANCE CORPORATION -
KARF.N S. B~ARICWELL nnrrll«~ ernn
,1JJrru P.O. BOX 3845 10GKt)lJ ( PACE(,e)~
Fort Pierce, Fla. 33450 ~
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