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HomeMy WebLinkAbout2924 _ _ .aru and :hall perform, comply u?ith and abide by each and rt+ery fhr agreementa, sflpulalions, condtllo?u and. rorenants then>o(, and o{ this mortgage, then Ihis mortgage and the estate hereby created, shall cease, ds- fermine and hr null and t•oid. I><n~ IhP morlga/lot hereby (u?fhrr cot+enanls and agrees fo pay promptly when due the principal and interest and other sums of monry prat+idr?l (or to said r<ofe and Ibis mortgage, or either; to pay all and singular fhr taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: fo permit. commit or suf frr no u•asle, impairment or deterioration of said land or the improvements Ihrrncn of any lime; fo Irerp the buildings nou> or hereafter on said land (ally insured in a sum of not less than N/A in n company or companies acceptable Io Ilse morktagrr, fhr policy or policies to 6e held by, and payable fo. said mortgagrr, and in the .>vrnt any sum of monry becomes payable 6y virtue of such insurance the mortgagee shall hat+r the right t~~ rnceive and apply the same to the indebtedness hereby secured, accounting to fhr mortgagor (or any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and ftfle sean•hrs. reasonably incurrerl or paid by Ihr mortgagee because of the failure of the mortyagor fo promptly and (ally comply with the agreements, stipulations, conditions and cotenants of said note and this mortgage. or either; to perform, romply a+iflt and abide by each and every the agreements. stipulations, conditions and covenants set forth in said Hate and this mortgage or either. In the event the mortgagor (ails to pay when due any la.x, assessment, insumncr premium or other sum of money payable by tirlue of said Holt and this mortgage, or either, fhr mortgagrr may pay fhr same, u•itltoul waiving or of frcfing the option to foreclose or any other right hen>undrr, and all such payments shall bear interest from date thereof a1 the highest law- f ul rate Ilten allou}rrl by Ihr Im?+s of fhr Sta1r of Florida. any sum of money herein relrnerl fo br not promptly paid within 3O days next after fhr same brcnrnrs due, or iJ each and every fhr agrermrnfs. sfipulotions. conditions and covenants of said Holt and this ntorlgage, or either, are not (ally per)ormrd, complied with and abided 6y, then the entire sum mentioned in said Holt, and this mortgage, or the entire balance unpaid thereon, shall forthwith or Ihereaffer, of the option of Ihr mortgagrr, become and br due and payable, anything in said note or herein to fhr contrary nofu~?fhsfanding. I'ailur~ 6y 1he mortgagee to exercise any of the rights or options herein providt•rl shall not consfilufe a u•airrr of any rights or opfio?es under said Holt or this mortgage accrued or f, fhrrna(Irr accn?ing. I ~n witness ~herenf fhr said mortgagor has herrunfo signed and sealed these presents lhr f day tau{ rear first above ?r+riffrn. Signed. sralerl turd drliren•d inin Ihr presrvtcr of : • { s[~i/ _ . . ~wi~Enesfa . ~ _ _ . r ~ ~ ~ S"PATE OF' FLORID:~, t `i T..C L ti, it I HF.RF.BI' (:ERTIFI' that on this Jay, before me, an uffirrr duk authori~rd in the Starr aforesaid and in the County afun•said to take acknowled¢ments, personally appeared LARRY ZIMMERMAIV , ~ .AStgnnrp~r to mr known tr. fs` ethr p.•rsun drscritrrd in and afio executed the fOrr¢uinq instrument and he~~,.-., ~s,,,,,yi~~ D ~7~ I~ehrm nu• th:u executed the same. ~ y J~O, f ~ 1~1 \F.SS rn~~ hand and uffir i:d seal in th,• (:.+un:y and Starr last :+furesaid this / ~ ~y i~y - ~ C-~'TL-~,~c-,P D. 15 79 ~~r::~_~~ o'er; ' :z= • . r. • J s t ~ ~ ~ ~r 123 ; ,2~ ? MY COMMISSION ~RES : , ! ST.IU~IE ~ : ~ . '!,.i ; Notary Public, Stttts of FtaMt~ ~ ROGEf? f Ct'f•,:.; ~ Gpnrttisslon Eupires Ft)b. 2t, Imo. - I CLEP.K ill:•~LIgT ; i ~ ~/lie; Iricir~irnr»~ fm fvtrr,l Ir)': L.; ~~3~~ ~~~~2~i~ .1~/~/rises I I