HomeMy WebLinkAbout2164 and shall perform, comply with and abide 6y each and every the agreements. attpulalto?ia, eondttiona and i
covenants thereo/, and of this mortgage, Then this mortgage and the a:fate hereby created, ahnll cease, de-
tprmine and be null and void.
Lind IhP mortgagor Ileraby further rnvenanfs and agrees to pny promptly when due the principal and
interns! and other sums of money provided for in said note and this mortgage, or either: fo pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- ,
perly; to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
lherncn at any time; to beep the buildings now or hernaf ter on said land fully insured in a sum of not less
than ~TJiZ INS~FAffiE VAI~JE
i?l a t•ompany or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event nny sum of money becomes payable by virtue of such insurance the
mortgagee shall have Ille right to receive and apply the same to the indebtedness hereby secured, accounting
to the morfga~or for nny surplus: to pay all costs, charges, and expenses, including lawyers fees and title
Spa rCheS, /PASOIIably incurred or paid 6y IhP mortgagee because of the failure of the mortgagor to promptly
and fully t•omply 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
cove?tarlts set forth i?l said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tat, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or eilller, the morfryagee may pay the same. tvilhout waiving or affecting the option to foreclose
or any other ri~thf hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rote then allotvc(I by /Ire Iarus of the State of Florida. -
~l any sum of money herein referrnd to bP not promptly paid within ~I~T(~) days next after
thr sump becomes due, or iJ each and every the agreements. stipulations, conditions and covenants of said
note and this nu,rlcrarye, or either, are not fully performed, complied with and abided by. then the entire
sum merttionerl i?t said dote, art/l this mortgage, or the entire balance unpaid thereon, shall forthwith or
(hereafter, at t?le option of the morlganPe, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by Ille mortgagee to exercise any of fhp rights or options herein
pmcidr•/I shall uof constitute a u•niver of any rights or options !older said note or this mortgage accrued or
thereafter on•ruin~r.
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~Il ~ltlleSS thereof, tI1P ~OI/I moriryaryc?r bas IlerPlllltn SHtned /lIl(I staled these presents the
rl(ly allll VPar first ab01'P 11'rlttP?1.
1 Sipt,ecl. senle cold (lelil•er I in the pres,•nce of
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ST:1TE OF FLt )RID:1,
1 HEREBY CERTIFY that on this day, before me, an
u(fi(er duly authori~rd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
J~1 J. ~0 and AIaTIE W, CASTII~~1N0, his wife
to rn~• known u. lx• the p•rwn S described in and who executed the foregoing instrument and they acknowledged
' Ix•fun• Inc that they executed the same.
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t\'ll \F.SS mr hand and official seal in the County and Stad• last aforesaid this 31St day of
~ October, D. 19 79.
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~ ~ _ ~ ; ; •~2' ~ terry is
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Sj ro t Ct_. + NO?~1RY 1K11tt~ S*•tf Oi fiOR1aA AT t/~+
t:.c-'•^ I ' ' ~1~ ~Ir COtiwrSSlo' Ex?rlrES MR. 1 tf~t
~ ~ _ - - ~ lIONOE~ tItRU C+~+NERM tNS • UNOEIIWIIiNf
r
499.'7 •
'/liir /tulni?tirir~ ~?rrrrtr(~l hy: ARIF PAK[JPIA •_r ~ .
r ,11/1>i?'~f LAWYERS TITLE INS. CORP t~ ee~~?? -
~ s. u. s. i e:;ir ,,1~ PlGE21~~
Pmt 5t. Luce, Florida 33ds2