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HomeMy WebLinkAbout1386 - _ .i _ and shall perform, comply with and abide by each and every fhs agreements, stipulafioris, conditions and covenants thereof, and o~ this morfgaus, then this mortgage and the estate hereby created, shall cease, d~- ~ (ermine and 1>P null and void. 1 end the mortgagor Iteruby further covenants and agrees to pay promptly when due the prtncipnl and irtferesf and other sums of money provided Jor In said note and this mortgage, or either; to pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly: to permit, commit or suf jer no waste, impairment or deterioration of said land or the improvements therer. rt at any time; to beep the httilclings now or hereafter on sold land fully insured in a sum of not less than its full insurable value. in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any 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 lawyer's fees and tills searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply with 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, rnnditions and covenants set forth in said note and this mortgage or either. 1n the event the mortgagor fails to pay when due airy Iar, 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 waiufng or affecting the option to foreclose or any other right hereunder, and aII such payments shall bear interest from date thereof at the highest Iaw- (ttl mte then allotted by the Iatvs of the State of Florida. ~L any sum o/ money ht~rein referred to be not promptly paid within thirty days next after . the same 6eromes due, or if each and every the agreements, stipulations, 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 !hereon, shall forthwith or thereafter, of the opfiort of the mortgagee, become and be due and payable, anything in said note or herein to the contrary nofu~ithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein protidecl shall not conslihtfe a waiter o/ any rights or options under said note or this mortgage accrued or thereafter accruing. ` ~n ~itneSS ~hefQOf, the said mortgagor has hereunto signed and sealed these presents the clay and year first above written. - i ned, sealed and delitern in ! e presence of ~ a ess ~R~ob~ert C. F rris I Witn ss Alma Ferris t I i f ~ii ~ I STATE OF ~T>mW, VIRGINIA ` ~ Cc)(?\TY OF FAIRFAX ( ~ I HEREBY CERTIFY that on this day, lxfore me, an officer dul}• authorized in the State aforesaid and in the County. aforesaid to takr acknowledgments, personally appeared j ROBERT C. FERRIS and ALMA FERRIS, his wife, t to m~• known to Ix• the prrson $ described in and who executed the foregoing instrument and they acknowledged hefur~• me that they rzecuted the same. j N'17 \ESS my hand and official seal in th~• County and Stat~• last aforrsaid this 13th day of l ctobe X13 n 19 79. 3 t z , _ ke _ i ary Public , Sta~e~~f~gj , 1319 tt~J',! 16 ~ti a 7 at -Large . ~ .-"~li~gini~•., - SLLUrk CLL'YIY.FIK. My commission expires: . ' a.. ~ ROGER FOliF.,15 CtERt: CIRCUIT G': i I41q .Commission Expires Aug. 1~':: J~ ~ . ` 46182 - - '/%is Itts~nirr~nd pnPntrd by: c~rt~~ A~G!>r~~t Edgar A. Brown, Esq . ~ J~,V P~GE1t~4 F ~s 1 P. 0. Box 4382 Fort Pierce, FL 33450 ~