HomeMy WebLinkAbout1527 and shall perform, comply with and abide by each and every the agrsembnfs. stipulnltoni. condttioru acid
covenants IhereoJ, and of this mortgage. then Ihls mortgage and the estate hereby created, shall cease. de-
termine and 6e null and twirl.
~Ild the mortgagor hereby further covenants and agrees !o pay promptly when due the principal and
interest and other sums of money provided for in said Hole and this mortgage, or either; to pay all and
singular the fares, assessments, levies, liabiltlies, obligations, and encumbrances of every nature on said pro-
perty; fo permit. commit or sttf
ter no waste, impairment or deterioration of said land or the Improvements
Iher+ecr? nt arty time:. to Iteep the buildings now or hereafter on said land fully insured to a sum of not leas
than highest 3rtstlrable value
in a company or companies acceptable to the mortgagee, the policy or policies to 6e 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 have the right to receive and apply the same fo the indebtedness hereby secured, accounting
to the mortgagor for any strrpltts: to pay all costs, charges, and expenses, including lawye's fees and title
searches, reasonably incurred or paid 6y the mortgagee bemuse of the failure of the mortgagor to promptly
and f ally comply tuith the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; fo 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 the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest lnw-
ful rate then allou~ecl by tRe talus of the Staff of Florida.
~l a?ty sum of money herein referred to 6e not promptly paid within th~}~ days next after
the same bPCaates dtte, or ij 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, Ihen the entire
sum mentioned in said note, and -this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary nofu•ithstanding. Failure by the mortgagee to exercise any of the tights or options herein
provided shall not constitute a waiver of any rights or options under said note or This mortgage accrued or
thereafter acc'rtting. `
~'s ~~ulttSS ~hM'l~~f, the said mortgagor Ras RerPUrtto SIgI1ed and sealed these presents the
day and year f
test above trritlen.
Signed. sealed and delivered in the presence of
~//1 _ ,
_.s-_~ DARI~LL RAI~.PS OC[~t
f
I
~ t
STATE OF FLORIDA,
~ COL?\'TY OF B
I HEREBY CERTIFY that on this day, before me. an
officer duly authorized in the State aforesaid and in the County a[oresaid to take acknowledgmenu, personally appeared
DARRIId, R~ID()LPIi OCNIIt, a single marl
to me known to be the person described in and who executed the foregoing instrument and ~ acknowledged
before me that he executed the same.
1~'1T~ESS my hand and official seal in the County and State last aforesaid this 1(}~1 day of
November A. D. I9 79
v
P[~LIC - .
~ ~~79 j:n i r 6 1'i~: 2• I J N01I1Ar ~ultlG STATE Of fL0lIDA AT`l%I~jt _ti. ~ -
U
f!' E<' ' ; : t , ~ NOFOfP T1r1 fitf~fAt 1t~b . tA~D[!<Wtii~ ~ 9 '
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