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HomeMy WebLinkAbout1228 and shall perform, comply uiith and abide 6y each and every the agreements, stipulation's, conditions and covenants thereof, artd of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine artd 6e null and void. ~Ildthe mortgagor hart+by further covenants and agrees to pay promptly when due the principal and inferes! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the tares, 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 improvemenU lherecn at arty time: to keep the buildings now or hereof ter on said land (ally insured in a sum of not less than nil in a comtxtny or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the etrent any sum of money becomes payable by virtue of such instuance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any strrplrrs; 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 uiifh the 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. ?n the event the mortgagor fails to pay when due any tax, assessme?tt, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eiflier, the. mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from date thereof at the highest law- (ul rate then allouietl by the lalUS of the SfatP of Florida. - any sum of money herein referred to be not promptly paid within 30 days next after the same becomes drre, or if eat•h and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully perforated, complied with and abidt~cl by, then the entire sum mentioned i?t 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 notwtlhstanding. Failure by the mortgagee to• exercise any of the rights or options herein prot•fded shall not constifrrte a visit=er of any rights or options under said note or this mortgage accrued or tbereafft•r accruing. ~Ii ~ltlleSS whereof, the said mortgagor has hereunto signed and sealed these presents the day mu _ first abt?ve u•ritfen. Sig? d, sP an tl prt•sPnre of : • - I in Block ~ Gertie Block R E ..t...____ - . _ - _ . - _ - - - - - - I F ~ ~ c STATE OF FLORIDA, J COCyTY OF ~ I HEREBY CERTIFY that on this day, before me, an officer dul~• authorised in the Stair aforesaid and in the Gounty aforesaid to take acknowledgments, personally appeared f IIWIN BLOCK and GP.RTIB BLOCK, his wife to me known to be the persons described in and who er;ecuted the foregoing instrument and who acknowledged i f lie(om file that they executed the same. -~-n ~'I \ESS my hand and official seal in the County and Sta last aforesaid thisV~ l day of g: _ • . • : a ' 15 ~ ~ NOTQAY Ptf~blC c s . • - ~ ~ '.-rat; ' ~;T ~ r : ~ Ny cols~issio ~apires - - . • ~ IC S1ATE ~ n~R~ Ai 1ARC# NOTARY MAL EXTIRES SiJi ti 1980 INY COQ ,t ~S ,1~t)cr •r, l' ~ t~ j 3Oh'OfD T1tRU GENfRaI t~K ' ~ ,t,ldry_tt a~X~ P~GE~~