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HomeMy WebLinkAbout0557 y ' and shall perform, comply with and abide 6y each and eeMry the agreements, stipulations, conditions and cownanb thereof, and of this mortgage, then this mortgope and the estate hereby created, shall cease, de- termine and bf null and void. . the mortgagor hereby further coverutnls and agrees to prey promptly where du. the principal and interest rend other auras of money provided /or in sold note and this mortgage, or either: fo pay all and singular the taxes, assessments. levies, linbillties, obligatioru, and encumbrances of every nature on said pro- perty; to permit. commit or suffer no waste. impairment or deterioration of said land or the itnprouements thereon at any time; to beep the buildings now or hereafter on said land fully t?uured ~tn a surit of not less thane - ~in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee, and in the event any sum o/ money becomes payable 6y virtw o/ such tresurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all rnsts, charges, and expenses, including lawyer a fees and title searches, reasonably incurred or paid 6y the mortgagee because of the jalure of the mortgagor to promptly and fully comply with the agreements. stipubtions, conditions and covenants of said note and.this mortgage. or either; to perform. comply with and abide by each and every the agreemenla. sttpulatto?u. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of sad note and this mortgage. or either, the mortgages may pay the same. without waiving or of jectfng the option to jorecluse or any other right hereunder, and all suck payments shall bear interest from date thereof at the highest bw- /ul rate then albwed 6y the laws of the State of Florida.- ~L any sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or ij each and every the agreement:, stipulations, conditions and eownants of said note rend 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 jorthryith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in sad note or herein to the rnnttnry notwithstanding. Failure 6y the mortgagee to exer+cbe 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. . , ~p~jp;~ ' in ~ttfteSS ~~~1 the mortgagor has caused these presents to S~ALl--~ 6e executed in its name, and its corporate seal to 6e hereunto of fixed, by its ~ ~ proper of jicers thereunto duly a ,the day and year fiat above written. I' S""``a'~' hn 1~aguire Signed, sealed and delivered in the presence oj• President k t Mate of 3 . ~OUfttIJ Of .'~T L~.r 1 HEREBY.CERTIFY that an this don. be~ore me, an of/loer ddr owlwrtrod In t1~e Slot. and C«uMr oJonsad a tole «lrwr~- me?N,. ve.ro.wU~ oppeonJ JOI-IIV MA(~1IRE uxll b+oen to me to 6e the P~Jtddl uAa~ j.Ild~1~t~1 .•~~y~,k{~.pt.,~ ~ 1 morteoew in the /onpoinq instrumrnl. and Iha 1~+ewullr.«Lrw,eiedeed ezetuUnp the soar, to the pereenoe of ts~testtianiblwe arilnests. !.rely and edunlarilr unrbr outhoriq ddy ve,ted in Il~ear~r-+oid.cww.l+«?.wl.tl..t-11.•...1-a{/t.a~d•11n..ta ~ ~ se.~•./•- J f sold-wrpen.Mow... ; . ` WlI7VE.SS rnr Land and o//total real in the County and Slots tart a(onrsatd tht, / lJ1I' ~r a/ .~u.L y A. D. t 9 7! 45?9~230 ,,,,,,",tttt,l?.,,,,, • ~ i • E -8 PN 2 ~---._...~I..~.. _ ~9t9ItUG 42 CPO RA J~' • v° ' ~ CIRCUIT t~M ~ ~ fVotsry Publiq S`hdgj~ti~'Ie~F118•gt tinge. t I %iti h~arumeirt p~rpntrd by: My G«rsnissian ~1l~tl~''~ 1, ! 993. ~ Aa~~ 8314 PEE 555 - _ ~