HomeMy WebLinkAbout0241 _ and shall perform, comply tutth and abide by each and every the agreementt: sftpulalion's, rnnditions and
- co?+ena?tfs f{tereoj, a?td of this mortgage, then this mortgage and the estate hereby orated, shell cease, de-
IerminP and be null and void.
end 1hP mortgagor hen+by jttrther covenants and agrees to pay promptly when due the principal and
inferes! and other sums of money provided jor in said note and this mortgage, or either; to pay all and
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singular the taxes, assessments, levies, liabilities, obltgafions, and encumbrances of every nature on said pro- ~
prrly; to permit. commit or strjfer rto u+aslr, impairment or deterioration of said land or the Improvements
IhPrecn at any limp; to {rPep fhP huildings now or hereafter on said land fully insured in a sum of not less I
than nil ~
in a company or companies acceptable to IhP mortgagee, the policy or policies to 6e held 6y, and payable
to, said mortgagee, and in 1hP event any sum of money becomes payable 6y- virtue of such insurance the
mortgagee Shall have the right to reTCeit+P and apply the same to the indebtedness hereby secured, accounting
to the mortgagor jor any surplus; 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 to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply u+itlt and abide 6y each and every the agreements, stipulations, conditions and
cot+erta?tfs set forth fn said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by utrlue of said note and this
mortgage, or either, the mortgagPP 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 highest law-
~ Jul rate then allou+e<I by fhP tau+s of the State of Florida. }
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if any sum of money herein referred to 6e not promptly paid within 30 days next after
the same becomes due, or i f each and every the agreements, stipulations, conditions and covenants of said
note and this morfga~tP, 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 6e due and payable, anything in said note or herein
li to the contrary notwithstanding. Failure by fhe• mortgagee to exercise any of the rights or options herein
provided shall not constitute n waiver of any rights or options under said note or this morfgnge accrued or ~ - .
16Preaffer accruing. ~
' ~n witness whereof
~ t{rP said mortgagor has {IPrPlrnfO signed and Sealed fhPSP presents the
day and year first above a+rillen.
S
Sign d. s sled - ~d deli r d in the presence of
Da d Freyman
- Sandra G. Freyman
- _ - . . . _ - - - - 4
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STATE OF FLORIDA,
COI'XTl' OF
f fiEREBY CERTIFY that on this day, before me, an
~ pfficer duh• authorized in the State aforesaid and in the County aforesaid to take acknowtedgmenu, personally appeared
DAVID FREYMAN and SANDRA G. FREYMAN, his wife
I to m~• known to hr the pr-rsons described in and who executed the forrgoin¢ instrument and who acknowledged ,
~ I+efon• mr that they executed the same.
~~"Il \F.SS m}• hand and official seal in th~• Count}• and Stat~• last aforesaid this 7~ day of ;
A. D. 1979 {
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F1LE0 eH~ - ' . ;iEO ~ I~%~-SJh4.:Y4V-- - - - - -
fT- IUCtE ~ • LA. NOTARY PUBL
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CLEF ~ ::tRT
RECCu~ - - t
~ MY commission expires: 3
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