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HomeMy WebLinkAbout1434 and skull perform, t•untply with and abide by each and every the agreements, stipulations, rnndtttons and covpnnnfs then*of, anti of Ibis mortgage, Ihen Ibis mortgage and the estate hereby created, shall cease, de- Iprminp and be null and void. ~nd the mortgagor Itervl?y further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and lhia mortgage, or either, fo pay all and singular Ihp taxes, assessments, levies, liabilities, obligations, and enctrmbronces of every nature on said pro- perfy; to permit, commit or suffer no wnslp, impairment or deteriorofion of said land or the improvements Ihprpcn at any time; fo levee the buildings now or hprea)tpr on snid land fully insured in a sum of not lest than N/A in a company or companies acceptable to the mortgagee, the policy or policies fo 6e held by, and payable fo, said morlTtagpe, and in the event any sum of money becomes pnyable~ by virtue of such insurance the mortgagep shall hove the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's /ees and title searches, rpaso?tably i?tctrrred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply u~ifh the agrepmprtis, stipulations, conditions and conennnfs of said note and Ibis mortgage, or either; fo perform, comply u.iflt and abide 6y each and every the agreements, sfipulaftoru, condifio?u and covenants set forth i?t said note and this mortgage or either. In the event the mortgagor fails to pay when dug any tar, assessment, insurance premium or other sum of money payable by virtue of said note and this morfgnge, or eiflter, the mortgagee may pny the same, without waiving or of fecfing the option fo foreclose or any other right hprptrntlpr, and all such payments shall bear interest from date thereof at the highest lnw- (ul rate then allowed by Ihp laws of the State of Florida. 1` any sum of money herein referred to be not promptly paid within ttLlrLy Odays next after fltp same I)PfOmps due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgaTe, 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 unpnid thereon, shall forthwith or Iherpafter, of 1hp option of the mortgagep, become and 6e due and payable, anything in said note or herein to fhp contrary noftvilhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a wairpr of any rights or options under said note or Ibis mortgage accrued or fberea(Ier accnrinn. l ~It ~ltlltSS ~hereoE. the said mortaaaor has hereunto sinned and seol~l thvco nrPxvnls fhP day and year first shore u•ritlen. . t Signed, se led and delirere in the presence of : ~ ~ 1 l1Lllit.Ull S • $ ~ ---..CIN~.t.`i,~.....- - i - I STATE OF FLORIDA, i IIEREBI' 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 i ARTHUR S . POFl~2.S to m.• known to be the p•rwn drscri)xd in and who raecuted the foregoing instrument and ~ acknowledged {afore mr that LtC executed the same. 1~'Il'~F.SS my hand and official xal in the County and State last aforesaid this mil' day of i DeCetT'ber A. D. 19 7(~ . /j~ ` ~ !{pt [-~'~J ' w i ~ • FILED A!+ '0 NOt Pl>b11C l ST.IUC~ `~A• ~ ~ ~ CLE" '~4 ` ' My ColTmission fires REr•.. V C.. ~ ~ ! NOTARY P'vi'Li ~ 5::.'. rte, fl DEC Ga MY C:J:!•.t, _ %.~~1 ~:,p~ i 6Cr~pcD Ti~ti~/ ' ~ i : it ! i I;g; s~• r 4'7Q1OO . • J~.,,. %r~ /~uMi?n~iN err/r~~r?~/ hy~ Axi.f P 1.a ~ '1 ` a~nlp' ~ J ;1~/Jrr-ct ~.awyees Title Ins. Corp. ` 999 s. u. s. 1 ~~~?K FaGE _ _ _ i4~9 .