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HomeMy WebLinkAbout1618 •rar and shall pt>rjornl, comply u+ith and abide 6y each and PI+Pry the agreements, sttplilattoni, condittoru and cotPna?Ifs t1lPreof. a?Id of Illis mort{taste, then this mortgage and 1hP estate hereby created, shall cease, de- fPrmi?IP a/ld I,P Illlll alld 1'0111. • end the morfftaftor IIPrI'1,y further cove?larlfs and agrees to pay promptly when flue 1hP'principal and interest artd other sums of mo?ley protide?l for in said note and this mortgage, or either; fo pay all and singular IIIP taxes, assessnl/>rlts, let+les, liabilities, obliflaliorls, and encumbrances of every nature on.said pro- perty; to fx>rmil. commit or suf jer no a+asfP, impairment or deterioration of said land or the impronemenls Iher+ec?i of any lime: fo ~ePp the builrlinlls nou+ or hernaffer on said-land (oily insured in a sum of not less than HIGHEST INSURABLE VALUE in a company or companies acceptable to IIIP morlgattPP, the policy or policies to be held by, and payable to, said mortgagee, a?I?1 in IIIP PI+ellf arty sum of money becomes payable 6y virtue of such insurance the mortgagee shall hate. the right to receive and apply the same to the indebtedness hereby secured, accounting f{,P martnanor (or arty surplus: to pay all rosfs, charges, and expenses, including lawyers fees and title searches, reasonably incurrnd or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply u+ifh fhP agrPeme?Ils, sfiplllations, conditions and covenants of said note and this mortgage, or either, fo pPrjorm, comply with and abide by each and every Ilse agreements, stipulations, conditions and covenants set forth in said Hole and this mortgage or either. In the Pvenf fhP mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, IhP mortflagee may pay the same, without waiving or affecting the option to foreclose or a?ry other riryht hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allotted 6y the tau+s of the Staff of Florida. ~l any sum of monPV IIPrPin rP(PrrPd fo be not promptly paid within 30 days next after the same becomes due, or if each and etery the agreements, stipulations. conditions and covenants of said note and this morlga~te, or either, are not fully performed, complied with and abided by, then the entire sum mentio?led in said dole, arld this mortgage, or the entire balance unpaid thereon, shall forthwith or thereajler, at the option of IhP mortgagee, become and bP due and payable, anything in said note or herein fo the contrary noltvithsfartding. Failure by /lie mortgagPP to exercise any of the rights or options herein provided shall not ronsfilufe a u+aiver ?,f any ri~rhfs or options under said Hole or This mortgage accrued or fhPrPa f t1'r accrUl?Iq. ~n witness whereof, tll/' Bald nlorfyayor Ilan IlPrellnl0 Sl(tI1Pd and Sealed tI1PSP prese?tfs the day and ye tint abm•e a+ritlen. Sig d al ~u elirererl in the presence of v _ . ~~a..tl'f~!_.L . . _ _ ~ LEWIS V. ES - . . . . t~ - ~ _ . _ . ~ _ E E I STATF. OF FLORID:, ~ Cn['\"IY Ot• Broward i I HEREBY G'ER"I'IFY that on this day, F,efore me, an ofticrr duh• authori?rd in the State aforesaid and in the County aforesaid to take acknowled¢mrnts, personally appeared I LEWIS V. JONES, a single man L,~•• ~ ~ to mr known to Ix• the person described in and who ezecutrd the forrgoinQ instrument and. `11@~ acknowledged txk+rr nu• that he rxecuted the same. . ~~"IT\ESS rm• hand and official seal in the County and State a o esaid this 2Tth dsr of ~ September n. 19 79 ~ • • ~ - - - € ~ 7,:- .~c., •,i:l'~ S1A[f OF IWQi';:' 1 t~ //'/~~r. • .,ti•~,;,S:~C;h f•ti?IttiS ~uG tYhC :l,t•~iii iHrtiU GitlffJtlll INS. J'+i):r.•• .icS t~Y I %it I?trin~»u~~~~ ~rrfra~rd l?y: STl1i1RT S. RL~LEtITt;AL; ESQ• rIK ,~,ri„_~I , aotiK321 PacE1617 ~E:LJ I,~I:,:u.., .;~~[e 301 ~ ~~Rt Luti3~:R~!s.L::, ti.~~;?0a 33301