HomeMy WebLinkAbout0106 and shall perform, comply with and abide 6y each and every fhs agreements, sflpulalioni, conditions and
covenants thereof, and of this morfgape, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and void.
• the mortgagor Newby further covenants and agrees fo pay promptly -when due the principal and
interest and other sums of money provided for to said note and this moHgage. or either: fo pay all and
singular the taxes, assessments, levies, liabilities. obligations, and encwn6mnces of every nature on said pro•
petty: to permit. commit or auf
ter no waste, impairment or detertor+ation o) said land or the improvements
therecn at any time; !o keep the 6utldtngs now or hereafter on said land fully insured to a sum of not less
th°r` not appl i cabl e
in a company or companies acceptable to /he mortgages, the policy or policies !0 6e held by. and payable
to, said mortgagee. i~nd in the et?ent any sum of money becomes payable by virtue of such insurance the
mortgagee shalt have the right fo receive and apply the same to the indebtedness hereby secured. accounting
to the mortgagor for any surplus; to pay all coats, charges, and expenses, including lau~reri fees and title
searches, reasonably incurred o? paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully rnmply with the agreements, stipulations, condttior~s and covenants of said note and this mortgage.
or either; to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and
covenants set forth in sold Hole and this mortgage or either. {n the event the mortgagor /ails to pay when
due any tax, assessment, insurance premium or other sumo/ money payable by virtue of said note and this
mortgage, or etlhe~. 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 at_the highest law-
(ut rate then allowed by the laws of the State of Florida.
~l any sum of money herein re~erred to be not promptly paid within 30 ~ays next offer
• the same becomes dtte, or iJ each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then !{te entire
sum mentioned in said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and. 6e due and payable, anything in said note or herein
to the contrary nofwithatanding. Failure 6y the mortgagee to exer~ciae any of the rlgha or options herein
provided shall not constitute a umtver of any rights or opitons under said nose or this mortgage accTtied or
thereof ter accruing.
~n ~he~of, the said mortgagor has hereunto signed and sealed these presents the
day and year f
inf above written.
$lgne sate and elfin r inf presence of : s
Thomas ~F. a' e, •as Trustee
E
i
~ STATE OF FL RIDA,
~ 1
COL'~TY OF
t HEREBY CERTIFY that on this day, before tne, an
officer duly authorized in the State aforesaid and in the County aforesaid to take ackrawledgments, personally appeared
THOMAS F. WRITE, as Trustee
to me knows to be the person described in and who executed the toreeoinq instrument and he acknowledged
before me that he executed the sarrme.
N'I7;tiESS my hand and official seal in thr County and Stair last aforesaid this ~ 7 ~ day of
•At~~ A. D. 19 79 ~
NOTARY PUBLIC
4~9(~7„ My Commission Expir , %?-Q~
f ~ '
' ~ ; .
s~~ r
1tECORD YCRfFlE~~ . , . -
this lrrln»» prcp~»r~/ by: A'f`~LP OR's _?C.-{i•1S~,~ ~ .
Arl~l/r'st STUAftT, f~C~::~,t ~3Y9~ ~.K~1 !
4 ~~GE