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HomeMy WebLinkAbout0521 and shall perform, comply with and abide by each and PVe?y the ogreemenfs, stipulations, conditions and covenants thereo/, and of this mortgage, then this morlgoge and the estate hereby created, shall cease. de- termine and be null and void. 1UNL the mortgagor hereby further covenants and agrees fo poy 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, asswssments, levies, liabilities, obligations, and encumbrances o/ every nature on said pro- perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time: to beep the buildings now or hereafter on said land /ally insured in a sum of not less than N/A in a company or companiws acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the irldebtedness hereby secured, accounting to the mortyngor for any surplus; to pay al! costs, char{tes, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because 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 agreements, stipulations, conditions and covenants set forth 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 This mortgage, or either, the mortgagee may pay the same, without waiving or of f ecfing the option to foreclose } or any other right hereunder, and alI sack payments shall bear interest from date thereof at the highest law- ful rate then alloured by the Laws of the State of Florida. - ! ~l any sum of money herein referred to be not pro:npfly paid within 30 days next offer I the same becomes due, or if each and every the ayreements, stipulations, conditions and covenants of said 6 ~ note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire ` sum mentioned in said note, and !leis morfyarte, or the entire balance unpaid thereon, shall forthlgith or thereafter, at the option of the morfgaywe, become and be due and payable, anything in said note or' herein to the contrary notwithsta?ediny. failure by the mortgayee to exercise any of the rights or options herein provided shall not constitute a waiver of any riyhts ur optiuri5 undi=r said sole or this mortgage slcrrsecl yr thereafter accruing. • , ~ ~r • r ..j ? . f ~ " ~ • • ~~!(C©~ RATF_ ~n ~#ditness ~IKrQOI the mortyngor has caused these presents to ' . ' t ~ ? be executed in its name, and its corporate seal to be hereunto affixed, by 13s f - ~roper officers thereunto duly authorized, the day and year first above written. j ~ f , i' ~ ' ~ ! :~TTES~-,:,--.-r:~= -?-~',-t/'-~.~:r.~,~-.:?-----~. GlEORGE._FBEDEBICK--CONS~TgLICTIONi...II~C~.-.-.... i - J S~-rrtlary / _ Signed, sealed and cfl~ive?ed a the prPSPn['P Of : ~ ' - ~ _ - - - President Wl e$S /i 'tress i~ I! I ~Ulte Of FLORIDA x ~ bounty of 1 fiF.ltF.fil' CFiZTIFY 16x1 on this doy. bt~ort rat. on u~Jict. d~lr oul6orized in 16e Slott and Coanlr olonwid to tutee ocbeoa,ledg- ~ ~ mints. ptrsomtty appewed l ~ ! ~ ! . Ii ' ij u~eti trnoa~n In me l0 6t 16r !'reslJtnl and r"5 t'. _ rtspecliotlr o~ 16t carporalion rwned as l~ morl in 16t ort n inslrumtnl. an! 1601 16t oitp oc~nou~ltdgtd t:tculireg 16t same, in 16t prestne+t o/ ran ss.bsoibing euitnesses. ~ lrta.~ a voiunlardy unfit. aal6orily dut{ resltd ~ ?t,n by said ra.po?a/ion and 16ar 16e ,td a td 16trtla is 16e here oarpato7e :<d ll~ d sold tarporalion. Wrl'VESS my band and ul~iciai xat in the county and Stale tact oluroaoid Ibis doy of Se~e~,~b(r. ~I ,a n. 19 79. /C r ~ i~5 c~ ~ " - .61931 _ - ~ ~ ~ 1 NOTARY ,:ar~ s~-~~~=~ PC~tr',^,~-, MY cPt'4;~tS$io~N~~ r t ' ~ 77iie hulnuur•n~ prFpnn/1 t?y: ~ - !'K~~ QQ Atli/rfsl ~':•'<'J~U P~S~ /