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HomeMy WebLinkAbout0414 and shall perform, comply toiflt and abide by each a?td every the agreements, stipulations, conditions and rnvenanls thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, d.- le?mine and lre null and void. end the mortgagor he?e6y further covenants and agrees to pay promptly when due the principal and interns! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the faxes. assessate?rts, levies, liabilities, obligations, and encumbwnces of every nature on said pro- pe?fy: fo permit. commit or suffer no u~asfe, impairmertl or deterioration o/ said land or the improvements flterncrt at any lime: to keep the buildings nou. or hereafter on said land fully insured in a sum of not less • than Highest Insurable Value in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, 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. fo receive and apply the same to the indebtedness hereby secured, accounting fo 1{re mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurrnd or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply urifh the agreements, stipulations, conditions and covenants 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 fails to pay when due any tax, 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, urtfhouf waiving or of fecfing the option to foreclose or any other right hereunder, and all SUCK payments shall bear interest from date thereof of the highest laur- ful rate then allowed by the Taros of the Sfafe of Florida. ~L any sum of money herein re(errnd to by not promptly paid within 30 days next after the same becomes 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, ortrl this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. of the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notunthstanding. Faihrre by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver o/ any rights or options under said note or this mortgage accrued or Ihereofter an-ruinry. ~n witness thereof, the said mortgagor has hernunto signed and sealed these presents the day and year first a6ore tvriflPn. Si natl. sealed nd delivered in the presence of : r' . ~ t D~ri~M~ku ~ r - ' _ - - net L. Mirka - - - _ _ i ~ i 1~ ~ STATE OF F•6HRi•Ar~ t i HEREBY CERTIFY that on this .day, before me, an ofiirer dal.- authorized in the Stair aforesaid and in the Count}• aforesaid to take acknowled¢mcnts, personally appeared E DAVID F. MIRKU and JANET L. MIRKU, his wife j to m.• known to be the p~•rsong described in and who executed the foregoing instrument and Who acknowledged I IK•(un• me that theyexecuted the same. ~ i \x•17 \ESS mg hand and official seal in thr Countp and State last aforesaid this N i.1 ~ t ~ ~ l ~ day of I D. 19 79 ~ NOTARY PUBLI • J C. J j F' MY commission expires. _ ~ 'U tAl UOISSIW l a r'iC:iEfcfi ~ f: ~ ~t ~~z W l~~ W0~ ~ ~ a I .."LEF 1 ~ . - '!19!W'1(~UfM~ it1U~f:M ut SUI~y °t , - ~ 'lplW '~W~ gwoaew 'a~~gnd tie~oy 9 - - •ar ~Hlnwsl3ai •1 wtimu~ ~ %%c. Ir~slmrnrnl pr?l?r~rrJ /ry: ~ .1 JJn-,s f1R ; ~o~x ~2i Pa~~ 4i 4