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Home My WebLink About0761 ~ i z ~ and shall perform, comply with and abide by each and every the agreements, sfipulnfions, conditions and covenants thereof, and o/ Ihts mortgage, then thin mortgage and the estate hereby c?eated, shall cease, de• j termine and be null and void. j~,~,~ IUifE the mortgagor hereby further covenants and ogress to pay promptly when due the principal and interest and other sums of money provided Jor in sold note and this mortgage, or etlhe?; to pay all and singular the taxes, assessments, levies, llabilities, obligations, and encumbrances of every nature on sold pro- i perty; to permit, commit or suffer no waste. impairment of deterioration of said land or the improvements ~ } thereon ~ at any time; to Iteep the buildings now or heren jtsr on said land jolly insured in a sum o/ not Less than the highest insurable value thereof i in n company or rnmpanies acceptable !o the nwrtgngee, the policy or policies to be held by, and payable to, said mortgagee, and in the even! 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 indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay alI costs, charges, and expenses, i.i~lt;dl~g luusysrs je<a azd title ~ i searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly ~ and fully comply with the agreements, stipulations, conditions and covenants of said note and this morfgoge, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set Jorih in said note and this mortgage or either. In the event the mortgagor Jails to pay when ~ due any lax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgages may pay the same. without waiving or a(jecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest Inw- ful rate then allowed by the laws of the State of Florida, ! 1 ` € ~l any sum of money herein rejened to be not pro:npfly paid within 15 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 by, then the entire sum mentioned in said note, and this mortgage, or the en[ire balance unpaid thereon, shall jorthgith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or'herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. R - ' i r (CORroRATF ~I1 ~ltnPSS ~~~i the mortgagor has caused these presents fo C- ~ = SEAf.) be executed in its name, and its corporate seal to be hereunto affixed, by ifs • ? ~ _ proper of ficers thereunto duly nufl?orized, the day and year first above written. - ~ } :~TI;~'ST.- . ~srrrrla - COVAL,--. INC-' ' ---a Nevada---core . . n Signi~el, sealed an elivered in the presence of _ B ' - -----~f'l - - - R~~tid.a~ H a st Its Prrsident i1LE0 _ r sT.IUCtE . Noy 30 2 25 PN'?`•' i ~~1te Of CALIFORNIA ~ ~j,•7r7~6 ~VU11~ Of LOS ANGELES l HF.KF.f3Y Cfil2TlFY Ilrot on Ilsis day- b.(are mr. an officer duty awMriud in Ilrr Stole and County aJonsaid to IaLe «Inrora~ledg- rrrrnls, prnorrolly oppearrd DAVID W . HEARST ~i r i ~ uYII Irnorwr IO mr f0 I.r Ilrr PMNdrnl and yfKCi.pri n y d Ilre corporation rranrni as { j! mortgagor in Ilrr Jrsrrgoing inslrurrrenl. urui Ural Ilrry srrrrolly «Ienouaedgrd rzecutirsg Ilre some, in fire presence d lu+o srslrsvidina suilrrrsxs, Jrrrly and srolunlanly un.lrr autlrorily duly rYSled in Ilrem by said corporation acrd Ural lire seal aJJised t/rereto is lice True corparde seal ~ I a said corporation. r- ~ 'i ~Vft'1VI:S~ my lranrl and oJJirial scot in Ilse County and Stale last o(onsoid llris doy of A n 14 79. ; i I OFFICIAL _~FAi. - - _ _ POLtY L. STEFFY ' NOTARY PJBUC - CALIFORNIA Notary Publ " c, State and Count afore-- LUS ANGELES CO'JNj1I said. My COmm. Exp ( My cotr„r- expires fEB 19, 1933 ~---=-7-- ! - - I lug Ills/rrI/p(Y!/ Ir,rprrriJ hy: