HomeMy WebLinkAbout2570 and shall perform, comply with and abide 6y each and every the agreements, stipulations. conditionu and
covvrta?tfs IltvrPUf. artd o) this morfftasle, the?t Iltis mortgage and the estate hereby created, shall cease, de- .
termine and bP null and t•uid.
end II+v murlguflor hvrnby further covenants and agrees to pay promptly when due the principal and
i?tlPrnst and oflcPr suns of ntortvy provided (or in said note and this mortgage, or either; fo pay all and
singular the taxes. assvssmvrtfs, levies, liabilities, obligutiorts. and encumbrances of every nature on said pro-
perly: to permit, commit or st+f
fvr rto waste, impairment or deterioration of said land or fhe improvements
Ihervc n al any lime; to Irrvp 1bP buildings now or hereof fvr on said land fully insured in a sum of not less
thanhLghieSt insurable value
in n company or companies acceptable fo Ihv mortgagee, fhe policy or policies to be held by, and payable
!o, said mortgagee. artd in fllP PI'Prlf any sum of mo?tvy becomes payable 6y virtt+e o/ such insurance the
morlgactvP shall hat'P rhv right to receive and apply fhe same to the indebfed?tess hereby secured, accounting
fo Ilcv mortgagor for arty st+rpl++s: to pay all costs, charges, and expenses, including lau+yer's lees and title
searches, rnasonably incurred or paid by IhP mortgagee because of fhe failure of fhe mortgagor to promptly =
and fully c•o+nply with f1+P affreemP?trs, stipulations, conditions and covenants of said note and this mortgage,
or Pitltvr; to perform. comply u~itlt and abide 6y each and every the agreements, stipulations, conditions and
covenants set )ortb in said note and this marlgage or either. ?n -fhe event fhe mortgagor /ails to pay when
due arty tax, assessment, insurance prnmium or other sum of money payable 6y virtue of said note and this
mortgage, or Pifltvr, fhe mortgattPP stay pay the same, without waiving or aj/ecting the option to foreclose
or any other ri~tht hvrvundvr, and all such payments shall bear interest from date thereof at the highest law-
ful rate Ihvn allowed by fhe laces of rhv State of Florida.
any sum of munPv 6vrein referred to be not promptly paid within ttL1Y'ty days next after
fhe same I,Pfom+'C d?+P, or if Pach ar+d P+'vey Ilce agreements, stipulations. conditions and covenants of said
note and this mortgayv, or either, are not /idly performed, complied with and abided by, then the entire
sum menfio?+ed f?t said rtoty, and this ntortgagP, or the entire balance unpaid Thereon, shall forthwith or
thereafter, at the option of 11cP mortgagee. I,PCUme and be due and payable, anything in said Hole or herein
to fhe contrary nohvifhslanding. Failure by the mortgagee fo exercise any of fhe rights or opfioru herein
providv<l shall not constitute a waiver o/ any rights or options under said note or this mortgage accrued or
thereafter accn+ing.
~n witness Thereof, fhe said morlctayur Itas Itvre++nfu sictnPd and sealed these presents fhe
day and year first abo+'P u'riflen.
Signed. sealed and delic'ererl in the pmsencP of : ~i
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P Jaoquin ~
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~ STATE ()F FLORIDA,
COC\TY OF $t. LuClt3 I HEREBY CERTIFY that on this day, be(orc me, an
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officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
~ II7WIlJ J. NIIrT1~N and PAUL E. JAOQ[JIN
B to me known to tx• the person described in and who executed the foregoing instrument and thE'y acknowkdRed
Ixfore cne that t),~ rxecuted the same.
i N'I7 VESS my hand and official seal in the County and Statc last aforesaid this ~t day of f
June A. D. 19 79.
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0 7 ~ Notary Public
~ ~ . = My oamnissian tires : .1 - ~ ~ - ~ iJ
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!7i» /~?s~mnu•trl prrporrJ hy: ~ L &~~r jr, 256?
P. 0. Box 3230 Bl)C+K 3U9 PAGE Jo
Fort Pia~ce? Florida
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