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HomeMy WebLinkAbout0400 and shall perform, comply with and abide 6y each and every fhe agreements, sfipulaltoris, eondtttons and covenants thereof, and of this morfgaste, then this mortgage and the estate hereby created, shall cease. de- termine and 6e nufl' and twirl. ti the mortgagor hen+by f urfher covenants and agrees to pay promptly when due the principal and Interest and other sums of money provided for to sold note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabilities, obltgafions, and encumbrances of every nature on said pro- perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the Improvements thereon at any time: to keep the buildings now or hereafter on said land fully insured in a sum of not less than in n company or companies acceptable to the mortgagee, fhe policy or policies to be held 6y, and payable to, aaid mortgagee, and in the event any st?m of money becomes payable 6y virtue of such Instuartce tht mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any sttrpltts: to pay all costs, charges, and expenses, including lawyer's fees and tale searches, reasonably InctuTed or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with fhe agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In fhe euent 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 either, the mortgagee may pay fhe same, without waiving or of jetting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt fhe highest law- f ul rate then allowed by fhe Laws of the State of Florida. ' any sum of money herein ref erred to 6e not promptly paid within - days ne.Yf after the same becomes due, or i f each and every fhe agreements. stipulations, conditions and covenants of saki 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 fhe option of fhe mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by fhe 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 ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents fhe day and year first above written. Signed, sealed and delivered in the presence of : /~?/K~ ~/~I.Wl--- Witnesses as to all: (/~C~ 1, - - - - - - ----.r. - CLEON NIIDD ETON, Indio. & as Trustee . _ _ . - - • 0 A D BAL , Indio. & as Trustee ~ G~~ - ----a/1---- j P R-, •~ii-iv. & as Truste ee L.S.) t - (L.S.) n iv.& as rus ee STATE OF FLORIDA, COUNTY OF ST. LUCUE I HEREBY CERTIFY that on this day, before me, so officer duly authorized in the State afonxaid and in the County a[oresaid to take acknowkdgmcnb, personally appeared CLEON MIDDLETON, LEONAPD BALDWIN, PETER TURNER, G. W. JOHNSON, JOHN BARRETT to rrx known to be the person S desen'bed in and who executed the foregoing instrument and they acknowledged before me that theyrxccutcd the same. WITNESS my hand and official seal in the County and State last aforesaid this , D day of ~~iw~,~A. D. 1979 tktzry Pubic, State o} fl~ida at large r r fly Comn:;sion E;;;~:es 6Aar. 8, 1931 1.~~?a)v I Fi e,.e.e sr h.«K.. Fv a c+a..rr co.~v+a ~ j F'iEF1 f.Al' r c ~'~~:iti~ ` CLERr. CIF;CUIT ~`.:;RT,/ ' F- 4E/!~. . ' ~ - - ~C ' 6 - Thii'InflrlSiriiriE prcpr?rd by: Margaret A. Benton 3 Addnxs BENTON & MATNEWS, 9879 East Fern Street, Perrine, Florida 331 7 ~~~i c]~O P~GF J70