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HomeMy WebLinkAbout1929 • ti and shall perform, comply a+ith and abide by eachi+nd every the agreements. stipulation's, conditions and t cvvenants thereof, and of this mortgage, then this mortgage and the estate hereby created. shall cease, d«- fermine and 6e WWII and void. ~nd the mortgagor hen•by further covenants and agrees fo poy promptly when due the principal and IrIfPMSt a?+d afl+er sums of nto?+ey provided for in said note and this mortgage, or either; to pay all and singular the faces. assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- ~ perfy: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements fherncn of any limp: to Irec•p fl+e buildings now or hereof ter on said land fully ins?ued in a sum of not less than in a company or companies accepfnble to the mortgagee, the policy or policies fo be held by, 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 re+•eive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any surplus: to pay nll costs, cl+arges, and expenses, including lawyer's lees and title ' _sPQMheS, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and (ally comply with tl+e agreements, stipulations, conditions and eot+enanls of said note and this mortgage, or eill+er: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and t covenants set forth in said Hate and this mortgage or either. In the event the mortgagor /ails to pay when due anv fate, assessment, ins?+mrue prnmium or other sum of money payable by virtue of said note and this mortgage, or eill+er, Il+e morfgntree may pay the same, urithouf waiving or of feeling the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest Inw- ' Jul rote then allourcd by the taus of the State of Florida. _ y iL any sum of manc•v herein re(errnd fo he not promptly paid within days next of ter the same I,efaniPS due, or i f eacli and every the agreements, stipulations. conditions and covenants of said note and !Iris mortgage, or either, are not fully performed, complied with and abided by. then the entire ~ sum mentioned in said note, mtd this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter. at the option of the mortgagee, become and be due and payable, anything in said note or herein fo the contrary noiu•+Ihstanding. Failure by the mortgagee fo exercise any of the rights of options herein I proridtal shall not conslilute n waiver of any rights or options under said note or this mortgage accrued or i tlterea(ter accruing. i • I I - ~tt ~l~t1fSS ~het'eof, 1{u• said mortgagor has hPrPUntO signed and sealed these presents the 1 day and year first abot•e u•rifk n. Sictnr•d, scaled and rlr•Ii,rcred i?ti the prrsu•nce o!: n ~ / i ~ ` ~L 4 ~G~'-C.Q 'C~Ct_- f~ f witness- ?•~ar~ar Horvot ' i i 3 i Sl'ATE OF FLORID:1, COt'\'Tl' t )F I HEREBY CERTIFI' that on this day, lxfore me, an uiticer duly :u,thori,ed in the Starr aforesaid and in the t:ount~• aForesaid to take acknowledtements, personally appeared t., m.• known to F,r th~• p~ rsun dcsrrit,ed in and who eaceutcd the torcgoinQ instrument and tieknawkdsed S r Ircfr~r. nu• that raccutcd the same. . - • . ~ 1~~I7 XESS me hand and oFtirial xal in thr Counh' and State last aforesaid this / day oT j a .l. D. i9'~ ~....rl ~ . N~i,~,t Sltr~.Ab1 r , ~OIItRY PL•R'tiC Cf: Ni'~I ,fERSfX ply ~m:tuu:aa r' 1,. t9~2 _ .........L.........~. .A......._ X ~ fIIED :rcD ;nTh1 Y FL'BLIC ~ ~ ~ aT.`~Ctc : :lA. cr~..,,.I~~1~.. j'~,pi~:rCf: • 1 ClE'~ • '•~;r RECO~' _ i) DEC Z ~ ~ 2? P~ ~ ~~a4sz l •l lrr /rr~Jnrrnru! /+n/,rrrrr! try: ~22~ P~~.924 ~