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HomeMy WebLinkAbout2277 h per orm, com 1 utith and abide 6 each and et a the a reements, sti ulntions, eondittons and ~ ands all f p y y ' ry 9 P i covenants thereat, artd o~ this mo?tgape, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. ~ndthP•mo?fgagor hereby further cvvenants and agrees fo pay promptly when due the principal and interes! and outer sums of money provided for in said note and this mortgage, or either; fo pay all and singular the faXPS, assessntenfs, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perty; fo permit. commit or str f f er no waste, impairment or deterioration of said land or the improvement therecn at any time: to lrrep /he buildings now or hereafter on said land /ully insured in a sum of not less than N/A • in a compa?ty or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event a?ry sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for arty surplus: to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and tally comply u~ifh the agreements, stipulations, conditions and rnnenanis of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor tails fo pay when . due any tax, assessment, insurance premium or uther sum of money payable by 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 ofhpr rirtlrt heretrrtder, and all such payments shall bear interest from date therroJ at the highest law- ful rate then allourerl by thr laws of t?te State of Florida. ~l arty sttm of monry herein relerred to be not promptly paid within 30 days next alter the same beconirs dtrr, or ij each and every the agreements, sfiptrlafions. conditions and covenants of said note and this morlyagr, or either, are not fully performed, complied with and abided 6y, then the entire sum menfiortrd in said note, aril this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee, become and 6e due and payable, anyfhiag in said note or herein fo the contrary nolu~ifhslanding. Failure by the mortgagee fo exercise any of the rights or options herein providrrl shall not constitute n u~ait~er of any ritthfs or options under said note or this mortgage accrued or fhereaJlrr accruing. ~n ~ttneSS whereof, tltr said mortgagor has Itererrnto signed and sealed these presents the day and yrar first above u~rfNen. Signed, sealed and drlivrrnd in thr prrsrncr of FO wi~nejs ~ i STATE ()F ftr4y /h/1P~lA1it/~ i COC~TY E)F INC/V • Gc'~E/~'r i I HEREBY CERTIFY that on this day, before me, an officer duk authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personalk appeared WILLIAM E. FORSYTHE and EILEEN M. FORSYT'~iE, his wife, i to me known to Fx• the persons described in and who executed the foregoing instrument and ihe~ ~~,~GiHtpy+ledged before the that they executed the same- , • • • 1~'I"1'\ESS my hand and official seal in the (:ounq• and State last afor id this day~of • - i ~ _ ~ _ _ - 4 < e _ s NtYr~TfY•PCJBLIC..~--... • : - a 07 MY COMMISSION EXPIRES : ? i [ ~ _ ST~~J:iF •i i~a}" -y ~ C:F:P.F,IiP:', C:.:' r• 'f - ~ ` 4~~32~3 %%i.+ //JSInnI/f!N prr pn>7•r! hy: 32~ Pa~E 2~T3 ~ i' ,