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HomeMy WebLinkAbout2899 and shall perform, comply with and abide 6y each and every the agreements, sttpulatio?ia, conditions and cvvenants IheresoJ. artd of this mortgage, then this mortgage and the ~eitate hereby created, shall cease, de- termine and be null and void. Tf~n~ thes morlgago>• ltert•by further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and fhta mortgage, or either: to pay all and singular the tares, assessmertls, IPVtPS, liabilities, obligations, and encumbrances of every naftrre on said pro- perly; fo permit. commit or stet ter no waste, impai?mertf or deterioration of said land or the improvements therecrr at arty time; to lteesp flies buildings ?tour or heresafter on safd land fully insured in a sum of not less Than full instareable value in a contparty or companies accest>fable fo 1he mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the e1~P/1t any sum of money becomes payable 6y virtue of auch insurance the mortgageses shall have t?te right to receive and apply the same to the indebtedness hereby secured, acrnunting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer': fees and title searchess, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully rnmply u~ilh Ilte agreements, stipulations, conditions and cot•enanfs of said note and this mortgage. or eif{tesr; fo perform, comply uritlt and nbide 6y each and every the agreements, stipulations, conditions and cvvenants set forth in said note and Ibis mortgage or either. ?n the event the mortgagor foils to pay urhen due any tax, assessment, instrro?tce premium or other sum of money payable 6y virtue of said note and this mortgage, or esillter, the mortgagee may pay the same, without wniuing or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from data thereof at the highest law- f ul rate then allowed by the Imps of the State of Florida. arty sum of mo?tev herein referred to be not promptly paid wifhinthi.YC}1 days next after the sames bescomes dire, or if each and every IhP agreements, sfipttlations, conditions and covenants of said note and this mortgages, or either, are not fully performed, complied wfth and abided 6y, then the entire sum mentioned in said notes, and this mortgage, or the entire 6alnnce unpaid thereon, shall forthwith or thereafter, at the option of the mortgagees, 6escome and 6e due and payable, anything in said note or herein to the contrary noltr•~tltstandirtg. f=ailures try thes mortgagee to exercises any of the rights or options herein provided shall riot carrsfiltrte a u•oivesr of any rights or options under said note or this mortgage accrued or (hereafter at•t•ruing. ~n ~itneSS ~heeeof, the said morfg:rgar has hereunto signesd and sealed these presents thes day and year first ahovr• u•ritlen. Signed. sealed and delirernd in du• present-es of : ~.1/~~ ~D. ~II'i8 G. S[~'Di 1 f _ _ ! w ! ~ STATE c)F ~s ~ j 1 HEREBY CERTIFY that on this day, before me, an ! uffircr duh• authorircd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared J~II~i D. SI~IH and G , SNII'IH, his wife to m.• 4:nown to fw• th~• p~•rwr$ described in and who executed the forcgoine instrument and ~`~7 acknowkdged ! I,efum n,e• that they executed the same. ~ = = i~- ~~•17 \ESS mr hand and official seal in the County and State last aforesaid this ~ ~ of , - Dec®Iber n_ 19 79 _ _ ~ _ 1 r ~ ~ s i y ~ • . ~ ~ Notary Public i r'iy Ca®dssion Expires : ! t 1~~3 / F LEO AhC ' ' - ''gE0 ~ ~ R~. a~CIE- , , ~t ' f LA. - . g CLERK- . ~ :BUR Dec 11 314 PM'1u - 4691?2 %rc Irrrlrrrrru-rrl ~rr%r~ur,/ try: ARIF PLSlRi1PIA ~ ! ,1r/r/rr:cS LAWYERS TRLJr IN6? OORP. I 9999 s. U. s 1 BL'~K PAGE 2895 i o.,.. c. t ..mot. Ftn.lrb A'~!S?