HomeMy WebLinkAbout0116 and shall perform, comply with and abide by each and every fire agreements, sfipulatloni, conditions and ~
covenants thereof. and of this mortgage, then this mortgage and fhs estate hereby created, shall cease, de-
termine and be null and void.
Iin~ fhP mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for In said note and this mortgage, or either: to pay all and
singular the tares, assessments, leutes, liabilities, obligations, and encumbrances of every nature on said pro-
perty; fo permit. commit or strf
jer no waste, impairment or deterioration of said land or the improvements
Iherecn at any time: to deep the huildings now or hereafter on said land fully insured In a sum of not less'
than highest insurreaUle valve
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same !o the Indebtedness hereby secured, accounting
fo the mortgagor for any strrpltts: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
and jolly comply 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
covenants set forth in said note and this mortgage or either. ?n the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or aj/ecting the option to foreclose ~
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law-
ful rote then allou,ecl by the laws of the State of Florida.
Dl a?sy sum of money herei?t referred fo be not promptly paid withinfjfteel1 ()days next after t
the same becomes due. or if each and every the agreements, stipulations. conditions and cvvenants of said
nota 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, at the option of the mortgagee, become and be dos and payable, anything in said note or herein '
to the contrary notu~ilhstanding. Failure 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
ihPrPaftef aC(TUing.
~It ~ttlleSS ~hM'eof, the said mortgagor has hereunto signed and sealed these pre;eats the
day and year first shove tvritfen. TEAS IS A BAT,TA~J Ml7~PC,AGE AND THE FINAL PAYI~TP OR TEIE ~
BAIAN(~ DL>E i.lPdN MAT[IRITY IS $6, .00, 1OC,~'Il~R WITH
Signed, sealed and delivered in the presence of : ~ AND ALL A]7VA~-*
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~NIS MADE BY TEIE NI~GAGEE ~ THE 1Qt~S OF THIS r'C7E
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STATE OF FLORIDA,
COU:IITY OF j~IE
~ 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
JOE1~1 P. DePROSP'ERO and IAA M. DepR06PIIt~0, his wife
to mr known to be the persons described in and who executed the foregoing instrument and they acknowledged
txforc me that they executed the same.
WIT\ESS my hand and official seal in the County and State last aforesaid this day of
I DeCHthe~ A. D. 19 ]9
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St. lL' ~ S NOtary Pub11C
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