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HomeMy WebLinkAbout1348 and shall perform. 1'Omply u~ifh and abide 6y each and every •the agreementa, attpulations, conditions and cave?tnnls thereof, artd of this morfga~te, then this mortgage and the estate hereby created, shall ceaae. de- termine and bP null and void. ><in~ ills mortgagor hereby fort{ter coverra?Ils and agrees fo pay promptly when due file principal and irtfernsf and ofller slims of mo?rey provided for in said noto and this mortgage, or either: fo pay all and singular fIIP ta.t;es, assessments, levies, liabilities, obligations. and encumbronces of every nature on snid pro- perty; fo permit. commit or serf ter no waste, impairment or deterioration of said land or the improvements fherncn al any IimP; to {CPep the buildings now or hereafter on said land fully insured in a sum of not less than nil i?t n conltra?ly or /'Ompa?lies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable ia. said mortgagee, and in IhP event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right fo rPCPIVe and apply the same to the indebtedness hereby secured, accounting to the mortgafor jor any surplus; to pay all costs, charges, and expenses, including lawyeri fees and tills searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly /-omply with 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 conPna?Its set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tar, assessmerlf, irlstlra?tre premium or other sum of money payable 6y virtue of said note and this morfgngP, or either, lIIP mortgagee may pay the same, without waiving or affecting the option fo foreclose or any other right heret??Ider, and all slech payments shall bear interest from date thereof at the highest Inw- jul rate then allowed 6y the labs of the Sfafe of Florida. ~l nay sum of mo11PV ?IPreirt rPlPrrPd fo be not promptly paid within 3Q days next after the same becomes dt/e, or if each and every the agreements, stipulations, conditions and covenants of said note artd this mortgage, or Pifher. a?e not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, a?Id this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee. become and 6e due and payable, anything in snid note'or herein fo fhP contrary ?lotu~lfllsfandi?Ig. Failure by the mortgagee to exe/rise 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 fherea f ter accruing. , , ~11 ~ltlleSS thereof, 1lIP told morlgpyor llp5 llernllnta 51(tnPd and sealed these presents the dpV alld year first pb01'P lPrltte/I. • Sift 11P(l, 5 Pd fld delloere(l 1 the PSPrICP Oj: k ~ t~ f Bu ess A. on har J is F. Honchar ~ ~ ~ f ~ - - - _ _ _ _ - - STATE OF 1.1.ORIDA, ' • 1 HEREBY CERTIFY that on this day, before me, an i ufGrer dole authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared i BURGESS A. NONCHAR and JULIA F. NONCHAR, his Wife v to m.• known to tk• the p.•rson S drscrilxd in and who executed the foregoing instrument and whp acknowledged l E {~rfore nx• that Chey executed tht same. f n N'Il \F.SS my hand and official seal in the (:ounty and State last rrsai this ~ day of DCCFr+ fj :1. D. 19 79 a f I . - - I _ t _ ft~cp a~: ~EJ Notary P c I ~ S? luC~ ' FIA. f p'•" ~ My commission expires: Dec ~ .2 z~ P~1`79 ~ • ' ~ • ~ ;,r ~tw.~nuc sr~?u o f~oua? tx ulf, . ~ ,681 ~raorwrss~ot+oo~a~s wtc. n E' tltstt~ n~u ar~elk t to t,P,of llwll t t$S ~f •/%il /rts~m+iu-id pn%?nrrl/ /ly: I .1J1fr(:u Pt1GF~~ i1 ~o~x •