HomeMy WebLinkAbout1851 and shall perform, comply with and abide by each and every the agreement, atipulaftoni. conditions and
covenants thereof, and of this mortgage, then tht mortgage and the state hereby c?eafed, ahnU cease, de-
termitte and bs null and twirl.
the mortgagor iteraby further covenants and agues fo pay promptly when dw 1he principal and
interest and other sums of money provided jor in said note and fht mortgage, or either; to pay all and
singular the faxes, assessments, levies, liabtliltes, obligations, and encumbrances of every native on said pw-
pe?fy; fo permit, commit or strjjer no waste. impnirmenf or deterioration of :std land or the improvement
Iherecn at a?ty lime; fo deep the buildings now or herwajter on said land fully instu+ed in a sum of not less
than highest insurable value.
in n company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgages, and in the event any sum of money 6eeomea payable by virtue of suck insttrartce the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, acootutfing
to the mortgagor jor any surpltu; fo pay all costs. cha?gea, and expenses. including lawyer's Jess and title
searches, reasonably incarrsd or paid by the mortgagee because of the jatltue of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and fht mortgage.
or either: to perform. comply with and abide by each and every the agreement. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, 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 fo foreclose
or any other right hereunder, and nil such payments shall bear interest from date thereof at the highest lnw-
jul rate then allowed by the laws of the State o/ Florida.
~l any sum of money herein re%rred to be not promptly paid within giXty days next after
the same 6ec~omes due, or ij each and every the agreements, sfipulafIons, rnndittons and rnvenant of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire
stun 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 be due and payable, anything in said Hole or herein
to the contrary notwifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u?ainnr o/ any rights or options under said note or tht mortgage accrued or
Ihereajler accruing.
~n ~~eof, tltp said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritfen.
Signpd~sealed and delivered thQe~r1PSencp o~: ~ J
B ODELL TOLSON
HOMASENF. A . TOLSON
j - -
f
4, STATE OF FLORIDA,
C.OL'NTY OF St. T,uCie
f I HEREBY CERTIFY that oa this day, before tae. as
I officer duly authorized in the State aforesaid and in the County aforesaid to take ackttowiedgments, personally appeared
Bryan Odell Tolson and Thomasene H. Tolson, his wife
to me known to be the persor~g described in and who executed the forcgoittg itutrument andWhO ackttowledxed
lxfore me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid thu 30th day of
August A. D. 19 79 •
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