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HomeMy WebLinkAbout0306 . and shall perform, comply with and abide by each and every the agreements, stipulafioris, conditions and rnvenants thereof, and of this mortgage, then Ihu mortgage and the eatafs hereby crwated, shall tease, de- termine artd be null and void. the mortgagor hereby further rnvenanls and agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and Ihis mortgage, or either: to pay all and - singular fhs taxes, assessments, levies, liabilifiea, obligations. and enctrmbroncei of every Walrus on said pro- perty; fo permit, commit or strjfer ?to waste, impairme?tt or deterioration of said land or the Improvements _ thereon of arty times; to /reep t/te buil?lings noun or hereafter o?t said land fully tnsttred to a sum of not less than full insurable value. in a company or compartiea acceptable to the mortgagee, f/te policy or policies to be held 6y, and payable to, said mortgagee, artd in the event any sum of money becomes payable 6y virtue of auclt insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any str?pltts: to pay all costs, charges, and expenses, including lnwyeri feet and tit~e seart:hes, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and covenants of said note and Ihis mortgage, or sit/ter; to perform, comply with and abide 6y snob and every the agreements, attpulnttons, conditions and rnvenants set forth to said note and this mortgage or either. 1n the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of snid note and this mortgage, or either, 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 Inw- (ul rate then allowed by the laws of the State of Florida. ~L arty sum of mortPy herein reJer?ed fo be not promptly paid within 15 days next offer, the same becomes due, or if each and every the agreements, stipulations, conditions and'eovenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire :um mentioned in said note, and this mortgage, or the entire balance unpaid lher+eon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in snid note or herein - to the contrary notwithstanding. Failure 6y 1he mortgagee to exercise any of the rtghls or options herein provided shall not conslitt?te a waiver of any rights or options under snid note or this mortgage accrued or thereafter accruing. ~n witness thereof, the said mortgagor has hereunto signed and sealed Ihese presents the day and year first abore u•riffen. Sign 'sealed and delivered in the presence oj: - ~ odors J . ~a~ipo . se ins 6. Campo STATE OF FLORIDA, COUNTY OF MARTIti I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared THEODORE J. CANTO AiiD JOSEPHINE B. CAMPO, His wife to me known to be the persons described in and who executed the foregoing instrument and they acknowledged ixfore me that they executed the ume. 11:~IESS my hand and official seal in the County and State last a[oresaid this ! p ~'Y day of ~JL- ~ A. D, f9 MD~iwr lout ur?t~ w Sara a wai 7. iw ca~wastoN ~ itw, u not ~,S _ • Ma~rain~ ' 09 ~ ~ ' liiili ' C ~~tt , t _ f cos ~ ' ,~~~A~' a~~ ~ - ` . 1 • n. y.,~:tis,. Thu Instruf~cn~ prrparrd by: THEODORE J. CAN3P0 ~ F[ Addr~cs 17 S. FEDERAL HIG~lWAY•t ~ 33494 ^