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HomeMy WebLinkAbout0254 and shall perform, comply with and abide by each and every the agreements, sfipulafiu?is, conditions and rnvenants Ihereoj, and of this morfgape, ihen this mor[gaye artd the estaie hereby c~eafccl, sftui: ~-eissa, c~e- termine artd be null and void. • the mortgagor Newby further covenants and agrees to 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 faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- pe?!y: to permit, commit or suffer no waste, impnirmen! or deterioration of said land or the improvements thetrcn at any lime: to deep the buildings now or hereafter on said land fully insured in a sum of not leas than FULL INSURABLE VALUE in n company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, suit: ~~•o.igagee, and in the event arty sum of money becomes payable 6y virtue of such insurance the mortgagee shall hate the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid 6y 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 Ihis mortgage. or either: to perform, rnmply with and abide by each and every the agreements,' stipulations, conditions and covenants set forth in said note and this mortgage or eflher. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eillter, the mortgagee may pay the same, without u,aiuing or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f~tl rote then allowed by the laws of the State of Florida. ~l any st?m of money herein referred to be not promptly paid within thirty days next after t!:c stzmc brcom^s duc, or if carp and every the ag.?ee?nenfs, stppulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y. then the entire sum mentioned in said note, 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 notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~1tI1tSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signal, sealed and deliv~red in the presence of : / ' r 1 ' AL FANIEL ~ i „ ~ I . _ - - - - - - - . r STATE OF FLORIDA, COUNTY OF ~acC,~ ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdgments, personally appeared ALBERT FANIEL to me known to be the person described in and who executed the foregoing instrument and he acknowledged before me that he executed the same. ( t` ~41'1:tiESS my hand and official seal in the County and State last aforesaid this ~ ~ A'Q. ,.~~ly~ of • _ ® V . ~~y October A. D. 19 79 j ~ ) , a - ~ ~ ~ i / / ~ o- y ? rte, t w ~ ~ ~~~r c~ i ~ t - ( _ ' _ ~ - O t. ?v(r'iR~ KM, CUAr,;.:rSC.[).~fRPIC:~^r _ ,,,ICS ~?9 Q~T 24 F~' 3~ 28 (~ENf1tAt tt~ t/NDERWRI HERS fIIEQ r.Re f , ti~Kt:i l ST.LULIE CC'.;NTY.FI:._ ROGER PGiTfi.yS C~Er,K CiR~Gi ~ /t`~~._ ? 4 ~ '48 James C. Carets I hrs Insfrnmfnl prrpnrccl hy: , , m:'. 7' T. • ~~'K3~.9 254 i_CC!Q c~'~~~~gl~'C-- AJ~Irctc ~r PAGE P. 0.°.c.x