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HomeMy WebLinkAbout0257 •v ______~___.T ' .1;£:~ ' oral shall perform. comply with nn/["' l ~ `K"fanc~ ygpr flte agreements, stipulatiorit, conditions and ~ covenants thereof, and of this moNgape, t n this mort~b and the estate hereby created, :hall cease, de- termine and 6e null and void. ' 7U111 the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes. assessments, levies, liabilities, obligations, and encumbrances of every nature on aaid pro- pe?iy: fo permit, rnmmif or suffer no waste, impairment or deterioration of aaid land or the improvements fltenecn at any fame: to beep the buildings. now or hereafter on said land fully insured in a aura of not lea than highest insurable value. . _ in n company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, aaid mortgagee, and in the event any sum of money becomes payable by virtue of suck insurance the mortgagee shall have the right to receive and apply the same to the indebtedne:s hereby secured, accounting lo.the mortgagor for any surplus: to pay all costs, charges. and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the jatlure of the mortgagor to promptly and fully comply with the agreements, sttpulnttons, conditions 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 said note and this mortgage or either. ?n the event the mortgagor jails 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, ~ihe mortgagee may pay, the snore, 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- ?ul rate .then allowed by the laws of the State of Florida. ~l any sum of money herein referred fo be not promptly paid within 30 days next after the same becomes dire, or if 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 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 6e due and payable, anything in said note or herein to the contrary notu?ifhsfanding. Failure 6y the mortgagee to exercise any o/ the rights or options herein provided shall not constitute a tuafrer of any rights or options under said note or this mortgage accrued or thereof ter accruing. ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year f irsf above written. Signed, sealed and delirered in the p? Bence o(: 01~ - _ R NECr 'F r ~ - _~.~~~.,~~_..,,~-------=---------tom E . I~RINE i i - ,I STATE OF £,ififYi~~4, MRSS COUNTY C)F ~oR ~a tK I HEREBY CERTIFY that on this day, before rne, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared LEONARD R. MORINE and JEAN E. MORINE, his wife • to me known to tx the persons described in and who executed the foregoing instrument and• they ackeot+rkdsed before me that they executed the same. 'n'rr~.•4. WI7:`ESS my hand and official seal in the County and Stat.• last aforesaid this /~'~j_. - diy. o< r A. D. 19 ~~9 - - _ ~ . _ 1 . _ _ . _ . _ Notary b c R. re - i -T P!! 2 3Z MY COI~IlrIISSION EXPIRES: ~~~'19 ~~~~t'OIi~A~ - ILfCORO VERIf'tE0 4540'74 This htslrruntrN pnrpmrd by: t~ e~ Addrr:v g pr6E