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HomeMy WebLinkAbout0547 • npd shall perform, comply with and rebid! by Back and .very the agroetnent, :ttpulatiorts~, conditions and eownanis thereo/, and o/ this morfgagv, then this mortgage and the estate heroby created, .shell cease, de- tetmine and 6e null and void. ~11L1~ the mortgagor hereby further cownanta and ogees to pay promptly when dw the principal and interest and other sums of money provided (or in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, Itabilities, obltgattoru, and encumbrances o/ every nature on said pro- perty; to permit. commit or suffer no waste, impdrment or deteriorotton of said land or the improvements thereon nt any time; to beep the buildings now or hereafter on said land fully inswed in a sum of no! leas than M~ . in a cotripany or companies aeceptn6le fo the mortgagee, the policy or polities to 6e held 6y, and payable to, said mortgagee. and in the euenl any sum of money become: payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to tke indebtedness ke?eby secured, accounting to the mortgagor jor rent' surplus; to pay all cosh. cha?ges, and expenses, including lawyer's Jess and title searches, reasonably incutTed or paid by the mortgagee bemuse of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreement, stipulations, rnndttions and covenant se! jorlh in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment. insurance premium or other sum of money payable by virtue of said note and tht mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to foreclose or any other right hereunder, and all suc[t payments shell bear interest from date thereof at the highest law- jul rate then allowed 6t' the laws of the State of Flortdn. ~l any sum of money herein referred to be not promptly paid within 3~ .days next after the snore becomes due, or i( each and every the agreements. stipulations, eondittotu and covenant of saki note and this mortgage, or either. are not fully performed. complied wtlh rend abided by, then the entire- sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthtyith or thereafter, of the option of the mortgagee, become and be due and payable, nnythirig in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the right or options herein provided shall not con.~titute a waiver of any rights ~or options under said note or !Iris mortgage accrued or thereafter accruing. (CORPORATE n fitness ~heCeOf the mortgagor hoe caused these present to SEA[) 6e executed in its name, and its corporate seal to be hereunto affixed, by its proper officers thereunto duly a n ,the d/ay amend year fire! nboue written. ATTEST':,------------------•-•---•--•..•..-------......_ - ~~~1--.Gt--.-•--•---••-•- n Maguire Signed, sealed and delivered in the presence oj: f - By....----•-----••-----• . ante of ~OUntlJ Of sT. ~ u~/t i HEREBY CERTIFY tiwt on t/dt da , before me. on officer duly wtAo.tud in t1~e State and Count' aJoereoid b tope oclarwdede- menls. pertomitr appeanrd ~ ~ ~~~~~~2~{/~iv - _ veil ienow~ to me to be the P~eeidw~e-told'°+ ~ ~t~iZ~f,~ ~ .~.~,.~.i:... ~ } Q _ i sir al ti.. oopa.ati«t rwnw) oe. i mortgopor an ttr /a.~epdnp irWiumtnt. and toot deep teaerdlr aclmou~ledeed .recutina for tam.. to t1?e pre,enae two eubevi al 6two ~ /redr and onlunta.Jr under outiiwitr duty oesled in !beat 6t' ,aid eorpo.ouon and tbw tine Beal ul/iced ti~et.ta is t?r ter. ~prp}~~ ,:.1 0~~ f { sod ~ ~ , ,~~~,~vG1.:G7,~ W!1'NESS ta, band and oJ(icisi red to tl~e County and Stole lost oforaatd lids /3 ~ do! oC~~L'y.4O 'y t A. D. tq 7, .454224 ~ ~ e ~ d q a ~ i tatrtasT ti~lie - ..;:..•~•y~~ 3 T ~ _ ~j _ . AECO*D YERtfiEO~-- ~ ~i~af - f -s• . Notary PubNc, State of fforfde at Lsrp. Thu liwnmu»/ prrpared by: Mir Caartrsdon ~ wi>`, sl, 193. A~~~ 8~K 314 PEE 545