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HomeMy WebLinkAbout1546 and shall perform, comply with and abide 6y each and suety the agreements, stipulations, eondttio?u and covenants thereof, and of this mortgage, then this mortgage and•the estate hereby created, shall cease, d~- termine and be null and twirl. Iin~ the mortgagor hereby jtuther rnvennnts and agrees to pay promptly when due the principal and interest and other sums of money provided jor to said note and this mortgage, w either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances of every native on said pro- perly; to permit, commit or stiffer no wrote, Impairment or deterioration of said land or the improvements fherecn at any time: to Iteep the buildings now or hetrajter on said land fully Insured in a sum of not less than N/A in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any sttrpltu: to pay all costs, chn?ges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply ufith the agreemerts, stipulations, conditions and covenants of said note and this mortgage, or either; to per/orm, comply with and abide 6y each and every the agreements, stipulations, conditions and corenartts set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, tits mortgagee may pay the same, without waiving or affecting the option to foreclose or any outer right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed by fire laws of the SIQIP of Florida. ~l any sum of mortPy Iterpin referred to be not promptly paid within t~Yt~ days next after the same bPCOmPS due, or i f each and euPrp the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully perfonrted, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorthufifh or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the conerory notwifhstnnding. Failure by the mortgagee to exercise any of the rights or options herein proviclc'd shall not co»stittttP a u'ait'Pr of any rights or options under said note or this mortgage accrued or fherea(IPr accruing. ~n ~ltneSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year (first above u'riHen. Signed, sealed and delivered in the presc'nrP oj: ~ ~ _ X---- - - - - .u - 4 f f STATE OF FLORIDA, 1 € COUNTY OF C i ~ I HEREBY CERTIFY that on this day, before me, an s officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared FBBDINAI~ID BA1~IYSL tmd GE>I:TxITDB 1dA1~1KEL, his wife to me known to be the person R described in and who executed the foregoing instrumtnt and they acknowledged 1 ~ before fns that they executed the same- H'ITNESS my hand and official seal in the County and State last aforesaid this day of i r~ A. D. 19 ~9. t i ~ ,3 X . ; . - r , , • z ' ~ • .'(pOti>~ Seal Noiatp Public. State of ft^r'r'a at la'rJe s ~a~ ~ ~ M~ Commission Expires May 1~, IsS2 58 aoee.a n AmeiK •u fue 6 C•:,a;•, C~aw,~• ' . ~ ~ 1919 ~~,t 25 - . ~ ~ILEa t,r:i:. rl:Wicos_u ST.I_UCIE COUH~Y fLA. ~ • ROGER POITRAS CLERit CIRCLIT CCIIR`~!J RECU~D`.f^`ra' - -9`. 3 ~~~'~3 I%u hulninuytt prtpn,rd hy: BOGR 309 f~f 1544 - r - .•r