HomeMy WebLinkAbout1444 and shall perform, comply with and abide by each and easry the ngreer?wnts, stipubtioni. condtttoru and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and troid. -
the morlgagor Newby further cavenanla and agrees to pay promptly when due the principal and
t?tteres! and other sums of money provided (or in said note and this mortgage, or either: to pay all and
singular the taxes, assessrrl~gts, levies, liabilities, obligations, and encumbrances of euery nature on said pro-
pe?fy: to permit, commit or suffer no waste, impairment or deterioration o/,said land or the improvements
therecn of arty time; t0 ~PPp the buildings now or herraf ter on said land fully insured in n sum of not less
than NONE
in a company or c-ompartirs acceptable to ilia mortgngee, the policy or policies to 6e held 6y, and payable
to, said mortgngee, and in the even! 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 indebtedness hereby secured, accowtting
to the mortgagor for any strrpltts: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and !Iris mortgage.
or either: to perform, comply uriflr and abide by each and every the agreements, stipulations, conditions and
covertart/s set forth in said note and this mortgage or either. In the event the mortgagor (ails to pay when
due a?ty tax, assessment, instrranre premium or other stim of money payable by virtue of said note and this
mortgage, or Pit/tPr; fhP 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 the?rof at the highest law-
(uI rate then allou?ecl by the laws of the State of Florida.
any sum of money herein relerrPd fo he not promptly paid within 30 -days next alter
the same becomes dire, or if each and every the agreements, stipulations, conditions and rnvenanfs of said
note and this mortgage, or either, are not fully pert
ot~ned, complied -with and abided by, ihen the entire
sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6P due and payable, anything in said note or herein
fo the contrary nofurilhstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall riot cortslittrfP a tr~ail~Pr of any rights or options under said note or Ihis mortgage accrued or
IhereaflPr accruing.
~n ~ltneSS ~heCeof, fhP said morlgagor has Preunlo signed and sealed Ihese presents the
day and year (first above tvrillPn.
Signed, sPalPrl arts dt•IivPrc ift the /)rPSPrteP Of:
l
~ e ~ r - iimii t3; - Triis ee
,
STATE OF FLORIDA,
COUtiTY OF DADE ~
I HEREBY C:£RTIFY that on this day, before me, an
officrr duly authorized in the State aforesaid and in the County aforesaid to take aeknowltdgments, personally appeared
LEONARD SIMONS, TRUSTEE
i
to rne• known to ix• th~• person described in and who executed the foregoing instrument and ht arknowledged
txforc rne that he executed the same.
S~'Il:IiESS rm• hand and official seal in the County and Stap• last aforesaid this S_ ~ day of
Cf'~ ~6~
A. n. t9 79.
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'3i9 ACT 15 ru 3 04
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.y=,c- ~:.r-.~•:~- ~ STplUC1E CCji,ii'f.r~ ,1. hlttK Syt.~if t1F fIURtQA At f~AGt I
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!iris Lulram~ut prep„>rJ by: HARO[n N. GOLpMAN
/tlttomey et Lew
r1 ~/r/iris 802$ S. Federal Nt hw~ I1R~ Q
Port St. Lucre, FL. 3362 u'1i1K'J~V FdGE~~~