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HomeMy WebLinkAbout1092 - ( _ and ahnll perjorm; comply wish and abide by Path and every the agreementa. stfpulatioris, rnndttiona and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. >t11~ the mortgagor hereby (urlher covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided jor in said note and fhb mortgage, or either: to pay all and singular the lases. assessments, levies, liabilities, obligations. and encumbrancea of every nature on said pro- perty; to permit. commit or suffer no waste, impairment or deterioration of said land or the tmprotiemenb thereon at any time; to beep-the buildings now or hereafter on acid land fully insured in a sum of not less than highest insurable value to a company or companies acceptable to the mortgagee, the policy or policies to 6e heW 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 fo receive and apply- the same to the indebtedness hereby secured, accounting to the mortgagor jor any surplus; to pay all costs, charges, and expenses. including lawyer's jeer and Utle searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agrPemertts, stipulations, conditions and covenants of said Hole and this mortgage. or either; to perjorm, comply utith and abide 6y each and every the agreements, sfipulnfiona, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails~to pay when due any lax, assessmntt, insurance premium or other sum of money payable by virtue of said note and thb mortgage, or either, the mortgagee may pay the same, without waiving or of jeering the option to foreclose or any other right herPtrnder, and all such payments shall bear interest from date thereof of the highest law- . fuI rate `then allowed by the laws of the State of Florida. ~L arty sum of money herein re(PrrPd to be not promptly paid within t~]lttY days next offer the same bernmes due, or f f each and Peery IhP agreements, stipulations, conditions and covenanta of said note and this morfgafte, or Pitlter. 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 be dire and payable, anything in said note or herein . to the contrary nofwifhstandfng. FaiiurP by 1hP mortgagee to exercise any of the rights or options herein . provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. . ~Il ~l~I1tSS ~heCeof, the said mortgagor has hereunto Signed and sealed these presents the day and year first above a+ritfen. Signed, sealed and dPliverP<I in the prPSPru-P of : i^~ ~ - e ( - _ - d L. Apex i Cl istina Jo All i I STATE OF FLORIDA, i COU\TY OF $t. Lucle i ~ ~ I HEREBY CERTIFY that on this day, before me, an I d f officer du{~• authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ DO1~I.D L. ALI£X and (~tItISTIl~ JO ALi~C, his wife ' g ± to me knnan w !x• the person described in and who executrd the forr¢oin¢ instrument and +.},e~, acknowledged , a before the that i~ycxecuted the same. 'i'GI 1\']:1 \ESS m.• hand and of(it ial seal in th~• Count. and State last aforesaid this day of June D. 1 q79 Notary Public ~ State of Fltxide at large FILE u F?,;. Ct:".::a AAIr Coneit:tiott bpires Sit. 6. 1911 ST.LUWf C(!~"ITY.f:%•. {o...r rti a.aw. r.. a c«.~, ca..r, RcGER Pt)ITR:•S My vomnission expires: ~ CtERK CIRCU!Z COU ' ~ _ -=J=~!'~ ' , ` 3 r d t y• t~• ~ 13! F,ECG~dyiF!Fi'" ,~~.i.~'~;fit;;: 44'7312 ~ - . o , . l ~'.''tjti; ` "!'iris I~ulnin~?~nl prfpnrrd by: Ben L. ~3r~an, Jr. = P.O. Box 3230 a0~r 31,0 1002 Addi~st PAGE y Ft. Pi~ae, FL 33450