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HomeMy WebLinkAbout1349 and shall perform, comply with and abide by each and every the agreements. afipulattons, rnnditiona and ! covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. Iilf~ the mortgagor herby further covenants and agrees to pry promptly when due the principal and interest and other sums of money provided (or in said note and this mortgage, or either; fo pry all and singular the taxes, assessments, levies, liabilities, obligntiorts, and encumbrances of every nnttsre an said pro- perly: to permit, rnmmit or suf jer no waste, impairment or deterioration of said land or the improvements thereon at any time: to keep the buildings now or hereafter on sold land fully insured in n sum of- not less than l in n company or compnniea acceptable to the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and fn the event any sum of money becomes payable by uf?tue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accotutttng to the mortgagor (or any surplus; fo pay all costa, charges, and expenses, including lawyeis fees and title searches, reasonably incurred or paid by the mortgagee because of the jailors of the mortgagor to promptly and Jolly comply with the agreements, stipulations, rnndifions and covenants of snid 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 jatb fo 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 affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest !aw- f ul rate then allowed by the law: of the State of Florida. ~l any sum of money herein ref erred to be not promptly paid within ten drys next of ter the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully perfotatted, complied with •and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance tutpafd thereon, shall forthwith or thereafter, at the option of the mortgagee, bernme and be due and payable, anything in said note w herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under snid note or this mortgage acrn.ed or thereafter accreting. ` ~n ~ltfleSS ~ht~t~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. - Signed. sealed and delivered in t presence of ' ~ remiah Re k . ' c~t' - - --l - - - - ~~1~ .~~--_r~~........... ~ Da i sy R iii ck - .t STATE OF FLORIDA. ~ I HEREBY CERTIFY that on thi: day, lxtore me. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Jeremiah Reddick and Daisy Reddick, his wife, i - Y to me known to be the person described in and who executed the foregoing instrument and they acknowkdatd s before me that they executed the same. WITNESS my hand and official seal in the County and State last aforesaid this ~ 21h ~ dar 'o(~ October A. D. 19 79, - ~ ~ . - ~J - _ 3 ~ , 9 462.4 ~'I ........~1...~.-- - 33 ;;;19 OAT 12 F:. T tv NOTaRro~~a:N iTATE~RaD~I\T:~i.:~~" AAY (Y)rMN~tS',Ir;rt E7tPIRES OR 1 !S+g~ p,i• r~-~;u• t'• ~ x >wrnEC *ks, - c ~ ~ ~.:5 : ~>JOE~~~e STuC?E ce~sr+ ~ v. r t 8061=R POITRr.S_ r ~1r1.ERlt CLRCU: ipC~ ' V 7' ~r x.,1r4y'J ' I Tbu hr~Inrnrcui pre pmc~l hy: Arlrlrrts