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HomeMy WebLinkAbout0141 and shall pe>rform, comply with a?td abide 6y each and every the agreentenls, stipulations, conditions and covenants Thereof, and of this mortgape, Then this mortgage and the estate hereby created, shall cease. de- termine and 6e null and void. 7~n~ the mortgagor hen•I,y Ju?Iher covenants arsd agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the taxes, assessme?ets, levies, liabilities, obligations, and encumbrances o) every nature on said pro- perty: to t?ermif. commit or suffer no u•asle, impairment or deterioration of said land or the improvements thereon nt any time: ro Iteep the buildings notes or hereafter on said land )ally insured in a sum of not lest than 1t11 in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right fo receive -and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surphu: fo pay all costs, charges, and expenses, including lawyers fees and title searches. reasonably incurred or paid by the mortgagee because o) the failure o) the mortgagor fo promptly and )ally comply with the agreements, stipt?lalions, conditions and covenants o/ said note and This mortgage, or either; to perform, comply uriflt and abide 6y each snot every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pay when due any fa.r, assessmvnl, insurance premium or other sum of money pa>able 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw- f ul rate then allotc~ed 6y Ilre laws of the State of /'lorida. any sum aJ moue> herein set erred to be not promptly paid within g 1 x ty days next after the same becomes due, or if each arid every the agreements. stipulations. conditions and covenants of said note and this morlgarye, or either, are not fully perfornted, complied with and abided 6y, then the entire sum mentioned in said Hole, 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 note or herein to the contrary nohuifhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided) shall not constitute a u>airer of any rights or options under said note or this mortgage accrued or Ihereaf ter accruing. ~n witness thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above a>ritfen. Signed, sealed and delivered in the presence of _ ~ L, a:~~t ~ " II ; ~f , ~ r "Anne L. Brant I, I _ - - i E STATE OF Fl,(;RID:~, COC"\TY (~F Jade I HEREBY CERTIFY that on this day, before me. an officer duk authorirrd in t}u• State aforesaid and in the Counh• aforesaid to takr acknowledgments, personally appeared Bares L. Dram and Anne L. 8r. ant • to me known to }x• th:• pwson tlescri}xd in and whcr executed the Foregoing instrument and t ti! , y Cpe'kgowledlStM beforr me that theyexrcuted the same. ~`vJ. - 4. ry . 1~'I"1'tiF"SS tm• hand and official seal in the County and Stad• last aforesaid this ~ day ~f r ~uswt D. 19 79 ~ ; . ~totatt7 lie - ti ~ 9 i i~.. 2 i Mfr Cottlisaiwa bpiraa iiGGE R P01Tr?:.:: • . ~ tx£RI(CIY.CUtf C~"..~~ ~ •61'734 %u /rulnrnrr ul pr?%?arrrl try: ;1c%/ic'ss ~ ~ s ,;~.~;r 318 F~cf ~