HomeMy WebLinkAbout2381 and shall perform, comply with and abide by each and every the ogreemsnb. stipulations. conditions and
cotrertants thereo/, and of this mortgage, then this mortgage and the estate hereby created, shall vvtue, de-
termine and be null and twirl.
end the mortgagor hereby further covenants and agrees to pay promptly when dw fh. principal and
interns! and other sums of money provided jor in said note and tha mortgage. or either; to pay all and
singular the faxes, assessments, levies, ltabtlittea, o6ltgntions, and encumbr+attees of every nature on said pro-
perty; to permit. commit or suffer no waste, impnfrment or deterioration aj said land ar the improuementa
thereon at any time; to deep the buildings now or hereafter on said land fully insured in a sum of not less
than full insurable value
in a company or rnmpanies1 acceptable to the mortgagee, the policy or policies to be helot by, and payable
ta. :aZ:u inwitjuy'o'o. M llty L`L't'tef arty e~lA1 O( money becomes payable by vilfw bj atsch insttranCe the
mortgagee shall have the right to receive and apply the same fo tha tndebtedneas hereby secured, accounting
to the mortgagor jor any surplus: to pay all costa, charges, and expenaea, including latuyer's fees and title
searches, reasonably Incurred or paid 6y the mortgagee because of the jniltsre of the mortgagor to promptly
and /idly comply with the agreements, stipulations, conditions and covenants of said note and lhts mortgage,
w either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditioru and
rnvenanes set forth in snid note and this mortgage or either. In the event the mortgagor jni4 to 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 pry the same, without wntving or ajjecting the option to jorecloae
t:r t:.Ry other rigl.f hert~,tnder, and alI such pnymenb shall bear interest from date thereof at the highest law-
juI rate then allowed by the bws of the State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or ij each and every the agreements, stipubtions. conditions and covenants of said
-note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire bnlartce unpaid ther+ron, shall jorehwith or
thereafter, at the option of the mortgagee, become and be dw and payable, anything in said .note or herein
to the rnntrary notwithsfnnding. Failure by the mortgagee to exercise any of the rights or optioru herein
provided shall not constitute a waiver of any rights or options under snid note or this mortgage accrued or
thereajfer accruing.
~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the
day and year just above written.
/S~e~ sealed delivered in the presence oj:
l ' ~
~.~.c..--
~ I?~. ~ La . ~ ce
T ~ry (Lawrence
3
f
`/l(\ ~
STATE OF FLORIDA,
COUNTY OF VOLUSIA
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Stott aforesaid and in the County aforeuid to take acktwwledgments, personally appeared
Mike M. Lawrence and Mary Lawrence, his wife
to me known to be the persons described in and who executed the torcgoinA instrument and they acknowkdsed
before me that they executed the soma
WITNESS my hand and official seal in the County and Sute last aforesaid this 1St day of
November A. D. 19 79
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1. ~ t+~1~r 6' T)"' v '~~TC.4 cY PUE'_ ~t3t, of f;; rir~,i~ t..~..,.
:3.9 , ; ~ , , 2~ ~ : _ = tom, , ,
F. n ~ r! t _ ~ _
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~~503~
This I,ulrumn,~ prp~amd by: Chicago Title Insurance Co.
ndd,~ By : Joan Womack 3~~r1K 319 Pact: 2369
244 North Ridgewood Ave.
Daytona Beach, Florida 32014