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HomeMy WebLinkAbout2744 and stall perjarm, comply urifh and abide 6y each and every the agreements, sltpulalioris, conditions and cat+e+tanfs thereof, and of this mu?tgatta, then this matgagr and the estate hereby netted, shall cease, de- termine]~a,~n~d be null and void. Z1i~ the mortgagor hers+by further rnvenanfs and agrees to pay promptly when due the principal and intereaf and other sums of money proatded for in :aid Hole and this mortgage. or either: to pay all and singular the taxes, assessments, leuiaa, liabilities, o6ligaftons, and encumbrances of every nature on said pro- perfp; fo permit. commit or suffer no waste, impairment or defertorofion of said land or the improvements tlrerncn of arty time; fo keep the btrillings now or het~eajfer on said Land fully insured in a sum of not less - than N/A in a nmpany or companies acceptable to the mortgagee, the policy or policies to be held by, and pnynble fo, said mortgagee, avid in the event arty sum of money becomes payable 6y virtue of stub insurance- the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any sttrpltrs; to pay all costs, charges, and expenses, including lawyer's fees and fide searches, reasonably inctr?red or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements; stipulations, conditions and covenants of said note and this mortgage. or either; to perjarm, comply with and abide 6y each and every the agreements. stipulations, conditions and cotenants set forth in .said note and this moHgage or either. In the event the mortgagor jails to pay when due any tax, assessment. insurance premium or other sum of .money payable by virtue 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 righ! hereunder, and all such payments shall bear Interest from date thereof at the highest law- ju1 rate then allowed by the tau+s of the State of Florida. arty sum of money Itereirt referred to be not promptly paid within 30 days next after flip same becomes due, or ij each and ptery the agreements, stipulations. conditions and eot~enanfs of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee, become and 6e dire and payable, anything in said note or herein to flip contrary note+ithstanding. Failtrrp by flip mortgagee to exercise any oj'the rights or options herein provided shall not conslilrrle a tvuiter of any rights or options under said note or this mortgage accrued or Iherea f fi'r accruing. ~n ~itneSS whereof, the .aid mortgagor has Iternunfo signed and sealed these presents the day and year first above u•rilfpn. Signed, sealed and delivered in the presence of R ERT E. MAIER i i MADLEiv MAIER t- i - r ~ ~.AYoriC f STATE OFD, I HEREBY CERTIFY that or. this day, before me, an i officer duh• authorized in the Stair aforesaid and in the County aforesaid to take acknowkdgmrnts, personalty appeared ROBERT E. MAIER at~d MADLEN MAIER, his wife to me known to br the person t gdescribed in and who a:ecutrd the forrgoin4 instrument and t h e Y acknowkdRed t lmforr me that t h et~rcucea the same. \\'1'li\ESS my hand and official seal in the (:aunty and Stat,• last aforesaid this day of i f ~ 1~-~ A. D. 19 7 9 . IE'~L~' !9T9 fib 1 i 6 ~ ~ 52. - ~ - i NOTARY PUBLIC ttEO AHC P.= COkiJkJ ~LLUCtEC0U41Y.Fk.4. MY COB~IINISSION EXPIRES ROGER F'OITRAS pt.-_ , ' CLERK Cir'?'l1tT C;iu T No. ~ _ ~='t° - - _ Term Expirea tla. Ch .;u, ~4~Fi.~3 f ~f9lMtlf MM! pttpsred ~ { Tlru I?,sinn„~„i p,rpvr~J hy: K E TtnE iNSUturicE co~PO?;~r?on ;fir/r/jr_cs 701 wattAara Avenue y~Q~~08 ~a(;±2744 Pine Castie,. Ftorrd~ 32809 I -J s y-_` - ~ - P .3.~