HomeMy WebLinkAbout1854 and shall per/arm, comply with and abide 6y each and -every the agreements, stfpulatloni, conditions and
covenants thereof, acid of this mortgage, then this mortgage and the estate heroby c.eafed, shall cease, de-
termine and 6e null and void. '
the mortgagor hereby further covenants and agrees to pay promptly when dw the prirtctpal and
interrst and other sums of money provided for in said note and this muri8a7e, or either; to pay all and
singular the faxes. assessments, levies, ltabtltties, oblfgatIons. and encumbrances of every nature on said pro-
perty; to permit. commit or suffer no waste, Impairment or deteriorotion of said Land or the tmprowments
Iherecn of any time; fo keep the buildings nou• or hereafter on said land gully insured in a stun of not less
than full insLn~eable valve
to a company or companies ac'+ceptable to the mortgagee. the policy or policies to be held by, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such instunnce the
mortgagee shall have the right to recetw and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any stupltu; to pay all costs. chargesr and expenses. including lawyer's- fees and titb
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and fully rnmply with the agreement:, stipulations, conditions and cownants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements. stipulations, condiftoru and
rnvenanfs set forth in said note and this mortgage or either. /n the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other stun of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof at the ktgF~est Iaw-
ful rote then allowed by the laws of the State of Florida.
any sum of money herein referred to 6e not promptly paid within f~tee[l~~days next of ter
the same becomes due, or if each and every the agtements, stipulations. conditions :
nd covenants of avid
rota and this mortgage, or either, are not fully 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, nt the option of the mortgagee. become and 6e due and payable, anything to said note or herein
to the contrary notwithstanding. Failtue 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. `
~n ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above toritten.
Stgne ,sealed delivered in the presence of
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~ STATE OF FLORIDA,
COUNTY OF ST. I.iICIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
VICTOR F. 0(~IIJ and DORIS M. 0(~1, his wife
to me known to be the person S described in and who executed the forcgoinq instrument and `'`~7 acknowkdRed
before me that ~`~7 executed the same.
K17'NESS my hand and official seal in the County and State last aforesaid this ~~1 day of 1
NOM1>r~el, A- D. 19 79.
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l7iu hulrunicui prepnm~! hY ~ ARIF P~IPIA
` /~c/drru LAWYERS TITLE INS. CORP.
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