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HomeMy WebLinkAbout2492 and shall perform, comply with and abide by each and every the agreements, stipulation's, rnndifiona ~artd covenants lhereoJ, grid of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null• and void. IR~ the mortgagor hart+by further covenants and agrees fo pay promptly when dire Ihs principal and interes! and other stems of money provided for in avid note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations. and encumb. areas o/ every nnture on said pro- perly; fo permit, commit or suffer no wnste, impairment or deferiorotIon of said land or the improvements fherecn al arty time; to keep the buildings Hour or hereafter on said land fully insured in a sum of not less thnn highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, grid in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, aeeounttng to the mortgagor for any srtrplers: to pay all costa, charges, and expenses, including lawyer: fees and title searches, reasonably inceerred or paid by the mortgagee because of the jnilure of the mortgagor to promptly and jerlly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth i?t said note and this mortgage or either. In the even! the mortgagor fails 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 right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ful rate `then allowed by the laws of the State of Florida. ~l n?ty stem of money herein referred to be not promptly paid within 30 days next after the same becomes due, or i/ each and every the agreements, stipulations, conditions seed covenants of said note and this mortgage, or either, ore not fully performed, complied with and abided by, 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 be due and payable, anything in said note or hereto to the confrnry nofwifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereof ter accreting. ~n ~I~eSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above wrftlen. Signed, sealed a delivered in the presence of - t and J. ak - ~ .C ~ -c'-:--- ~ ~ J n e E. Wolak i STATE OF CONNECTICUT"' ~ RIVE.RSI~E COUNTY OF FAI~FIII.L I HEREBY CERTIFY that on this day, before me, an f officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared t € EDWARD J. WOLAK and JANICE E. WOLAK, his wife 6 to me known to be the person S described in and who executed the forcQoing instrument and Who acknowledged ~ before me that they executed the same. ~ 14th 1Y17:tiESS my hand and official seal in the County and State last aforesaid this day of 6 MAY A. D. 19 70 , - ~ s ,~Li ~ . ' '~.1 Notary Public 4 ~i9 J~:~! ' I j~1 ~ ~Q IKy corRmission ex.Fires 4/1/83 ~ fly EOrtiNfi ri:tiui:?itu ~ ~ 4E.:~ f,' aT.l,t>1r1E GtUIiTY.f~A. . - •RD6ER POiTRa~ ~ r; _ ix,~RK•CffiCUIT~CIIU y ~ - ~4'- 446:359 . . 1 s - - - My Commission Expires: 4/1/83 "s Tliti hulrunr~m picpnmd by: nd?~,~ guoK ~ PAGE2489