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HomeMy WebLinkAbout0261 ' , and shall perform, comply with and abide 6y each and every the agreemenb. sttpulatioria, eondittons and eovenants thereof, and of this morfgape, then rhea mortgage and the estate hereby created, shall cease, de- fermtne and 6e null and void. nIN~ t/te mortgagor he.~6y further covenonfa -and agrees to pay promptly when due (he prtnNpal and interest and-other stems of money prodded for to said note and rhea mortgage. or either; to pay all and singular the faxes. assessments, levies. liabilities. obligations, and encumbrances of every Walrus on said pro- perty; fo permtf, ncmmif or suffer no waste. impairment or deterioration of :aid land or the improvements (hereon of any time: fo peep the buildings now or hereafter on said land fully instu+ed in a sum of not leas than or 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, and in the event any sum of money becomes payable 6y utrttte of such insuronce the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any attrpltts: fo pay all rnsfs, charges, and expenses, including lawyers fees and tifle- searches, reasonably incttrrerl or paid 6y 1he mortgagee because of the jailtu+e of the mortgagor to promptly and fully comply with the agreements, stipulations, rnndiHons and covenants of said note and this mortgage. or either; to perform, comply. wtfh and abide by each and every. the agreements. stipulations, rnndifions and rnvenanls set forth in said note and Chia mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and tha mortgage. or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other righ! hereunder, and all such .payments shall bear interest from date thereof at the highest law- jut rate then allowed by the laws of the State of .Florida. ~l any sum of money herein relPrred f0 be not promptly paid within 30 Jaya next after the same becomes due, 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 the entire ~ sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon.:hall f orehwifh or . thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nolu~ifhslanding. Failure by the mortgagee fo exercise any of the rights- or opttoru herein provided shall not consfifufe a wait+er of any rights or options under said note or this mortgage accrued or thereafter accruing. 4 ~It ~lttttSS ~~Of ~ the said mortgagor has hereunto signed and sealed these presents the E day and year first above ti~ritfen. I s Signed, sealed and delft+ered i t the presence oj: i - _ ATRICIA H. MART - STATE OF c Co.vv~ tic ~T ~ ~,~Q~N COL'tiTY nF /v~~i ~p~/EN. 1 HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Starr aforesaid and in the County aforesaid to take acknowledgments, personally appeared JOHN S. HART and PATRICIA H. HART, his wife to me known to be the person S described in and who executed the fore~oinq instrument and they acknowledged before me that they executed the sartft. ~ - - I iYiTNESS my hand and official seal in the County and Statc last aforesaid this / day D. 1979 ~ . • ...~~ttuttri~~~ . , :Y~S~~:j~ N - ~ otary Pu tic . _ ~ - 1919 i~t1f -7 PM 2 32 ' ~ - MY COZ4fISSION EXPIRES ~ ! ' S ILE ~A~~p i~q+t~ppTCUYRUf~A jtl7~iERCPt)i1RA T ~ ~ i ~ . . ~CAItD VERIilEO ~s 45~j6 " ~ This Lulnim~fri pfrpnrrd by: