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HomeMy WebLinkAbout0335 { and shall perform, comply u+ith and abide 6~`et~and every the agreements, sfipulatfon's, conditions and • covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e rudl and twirl. Iin~ the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and interest acid 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 ertct?mbronces of every nature on said pro- - perty: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements therecn at ony time; fo keep the buildings Stow or hernaf ter on said land fully insured in a sum of not less than the maximun insurable interest. in n company or companies actrpfable fo the mortgagee, the policy or policies fo he held 6y, and payable to, said mortgagee, and in the Pt+enf any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the i?tde6ledness hereby sectued, accounting to the mortgagor for arty surplus: to pay all costs, charges, and expenses.. including lawyer's fees and title searches, reasonably i?tcttrred or paid by the mortgagee because of the failure of the mortgagor fo promptly and f ally comply with the agreemPrtts, stipulations, conditions and covenants of said note and this morfgnge, - or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and cot+ena?tls set forth in said note and this mortgage or either. In the event the mortgagor fails fo pny when due arty tax, assessmertf. insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the morfgagPe 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 at the highest law- f ul rate then allowed by fhP tacos of fhP $fafe of Florida. Df any sum of money herein re(errPd to be not promptly paid within `hP.Il (lU) days next of ter the same becomes dttP, or if each and PI~Pry t11P agreements, stipulations, conditions and covenants of said ? note and this morlyagP. 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 fhP option of the rrlorlgageP, become and 6e due and poya6h+, anything in snfd note or herein fo fhP contrary nolwilhslanding. Failure I,y f{te mortgagee to exercise any of the rights or options herein provided shall not constih?fP a u+aiver of any rights or options under said note or this mortgage accrued or thereat 1Pr accruing. ~n witness thereof, tlrP said mortgagor has IIPfPlIntO signed and sealed these presents the day and year (first abOPP « +riNPn. Signed. sealed and dPliveretl i?t fhP presence of : ~ y., t ~ Betty L.~--Dwell i I f j ( r E i i STATE OF QgjQ , CnC \TY OF MAEiONING I HEREBY CERTIFY that on this day, befort me, an k officer duly authorized in the State aforesaid and in the County aforesaid to take acknowltdgments, ptrsonally appeared BEI'I'Y L. IAL~I~,, a single adult - ~ to me knos.-n to fN the prrson describtd in and who executed the fore¢oinq instrument and She acknowledged Fxfore nx• that She executed the same. C~ ~~'[l•XF.SS my hand and official seal in thr• County and• State last afortsaid this day of NCn7r?li~E'r - A, D. 19 79. ~ ' L ' ~ ~ ~ . Notary Public, State a hio I My Commission Expires: ~ ` (Seal) - y~ ~~K, y02ary Puy -c ,f - e 'Nt 3 ~5~: I a: ' ~ . RG:,EiI ~ - _ / %liu Lulmmral Pnpnr~cl try: JOSEPH J. DeROSS, JR., ESQUIRE FEE, KOBLEGARD & TEEL, P.A. ` ~~r~`~n-`s Post Office Box 1000 q~~1 P113E 1