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HomeMy WebLinkAbout0656 - _ and shall pe?jorm, comply with and abide 6y each and every the agreements, stipulationi, conditions and covenants thereof, artd of Ihis mortgage, then this mortgage and the estate hereby created, shall cease, de- te?mine and be null and twirl. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other stems of money provided for in said note and this moHgage, or either; to pny all and singular the latsea, assessments, levies, Itabililies, obligations, and encumbrances of every nature on said pro- perly: fo permit. commit or stet fe? no waste, impairment or deterioration of said land or fire improvements IhPPPCn al a?ty limp; to keep the b[lildings now or hP.Pa f ter on said land fully insured in a sum of not less than FUII, VAT1>E in a company or rnmpanies acceptable to the mortgagee, fete policy or policies fo Ire held 6y, and pnyable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such Insurance fete mortgagee shall hlilre IhP right to receive and apply the same to the indebtedness hereby sectued, accounting to the mortgagor for any strrpllls: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and f [lily comply u,ifh the agreements, stipulations, conditions and covenants of said note and this mortgage, or Pilher: to perform, comply with and abide by each and every the agreements, stipulations, conditions and cOlrPrtarlt3 set forth in said note and this mortgage or either. /n the event the mortgagor jails to pay when due any tax, assessment, instlrartce premium Or other stem of money payable 6y virtue of said Hole and this mortgage, or Pifller, IhP mortgagee may pay the same, without urafning or affecting the option to foreclose or any other right herPlrndP?, and all such paymen~sLShall bear interest /rom date thereof of the highest law- ful ra1P tI1Pr1 alloll•e(l by tI1P eaters Of the $tafP Of 1-lOrida. ally SUm Of mO/IPy IlerPin rP(P?rPd fO be not promptly paid within ~1~1(~) days next after fete same becomes dlle, or if each and every 1hP agreements, stipulations. conditions and covenants of said note and this morlFtagP, or Pilher, are not freely 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. al 1hP option of ehP mortgagee: become and be due and payable, anything in said note or herein fo the contrary nohvldlstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a taaiver of any rights or options under said note or this mortgage accrued or Ibe?Pa(IPr accruinry. ~n ~tttleSS whereof, fI1P said mortgagor Ilan Ileretlnto signed and sealed these presents the day and year first nborP urrillen. Signed, sealed and delivered in 1hP prnsl•ncP of - J i... ~%h: cam.. - - - - - - - - _ - _ _ ~ - ~ STATE ()F N>:'W YORK 1 HEREBY CERT[FY that on this day, before me. an officer dul~• authorired in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared J061~'li J. DeVTP0 to me known to Fk- thr• p•rson described in and who executed the foregoing instrument and ~ acknowkdged Ireforc me that ~ executed the same. N'1'l\ESS my hand and offirial seal in the County and State last aforesaid this`~~O day of Nd~7C'II'lif'..Y' A. • D. 19 79. n If1Ft i1ti=~tlr.~` ~ P1lUli.C - . - ~ ary My CotmdsaiaR' F~i~'iet~ts ~ , t . , c. / .....61 ~~ti~._ ter.. ±3i5 ;;C1;' 30 53 ,>pot ~sa~ io a:= FIIEC tl,~~ Ci•,.t.: L c ,U[4N4iS~'H-l?'i~~ ST.ll1~!= t-i!:`Fi'~.F~I,:• i ' 4~i~"l02 %il IJIS/n/I»ffl/ prrfxncr! by:. . 1 rlrlrr_cc LAWYERS ~11tE ItVS. GOtiP ~ ~~i P>I~ ~ 1 9999 S. U. S. 1 ~'~„K