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HomeMy WebLinkAbout2389 1. .~~.r • ~.r .w Imo. and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and covenanta thereo% and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine and be null and void. the mortgagor hereby f wther covenants and agues to pay promptly when due the principal and interest and other sums of money provided for to said note and this mortgage, or either: to pay all and singular the tnrea. assessments, levies, liabilities, obligations. and encumbrances o/ every nature on said pro- perty: to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time: to keep the building, now or hereafter on said land /ully insured in a sum of not less than full insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee. and in the event any sum o/ money becomes payable by virtue o/ such insurance the mortgagee shall hate 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 i fees and title searches, reasonably incurred or paid by the mortgagee because o/ the jailors of the mortgagor to promptly ' and jolly comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor /nits to pay when due any tax, assessment, insurance premium or other sum o/ money payable 6y virtue o/ said note and Chia mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option to foreclose or any other right hereunder, and all serch payments shall bear interest from date thereof nt the highest Inw- Jul rate then allowed 6y the laws of the State o/ Florida.. ~L any sum of money herein referred to be not promptly paid within ten (10) day: next of ter the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or eiihpr, are not fully performed, complied with and abided - 6y, then the entire sum mentioned in said note, and ibis mortgage, or the entire balance unpaid thereon.:hall jorth~iih or therea/ler, at the option of the mortgagee. become and 6e due and payable, anything in said note or' herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said Hole or this mortgage accrued or thereafter accruing. f i i i r (CORPORATE ~n ~tttteSS ~~(Dl the mortgagor has caused these Rf+esents to { Sf.AI.? be executed in its name. and its corporate seal to 6e hereunto.~,Y• by its 111} _ proper o/(icers thereunto duly authorized, the day and year f irsl~lfbove:~ralttten. . _ E DTI-EST:-- - - - .-GREFF...DEVELOFMENT CO.~;......;..-!;._..:~-•--~' - I - SnrRary - f ~ Sign :se letlanc~ dgEtuerr~rl_in the presence of: = ~ J ~ - . . ~ / E - 7 _ ! e . ~ t ~ ~ • - - - - - • allace N. Lee, rptit{ent~•'- - - -r 1~~2 Gam'' ~ t i ~L~Q Of FLORIDA } MARTZ:: w C 1 HERF_BY CERTIFY dot on tfi, der. 6./on gyn.. an oJ~ice? d~.lr ~.d~orired In J~ Stde ord Cooney a(ar..ad a too «(dwr,fads- f } ; menu, perrorwlly appea.rJ Lee Wallace N. urtt l~no,un fo me fo Ix Ilse P.esidnl ~ 1esp~diast~ o' t/st corporation noaKd u morlpagw in Itie (<orrgoiny instrument, and eMt t6.r rearrollr ecl<rsosnledped eiecutinp dss semi, M de pnsenor o/ taw sudsaibinp witnesser. t.eelr and rroluntorJy under outM?itr duly rvated in them 6y said corporation and tlwt du seal of/trod dKnto is the uw eorporde scot o/ said corporation- i W(TNECS my Mud and o{t;rioi ,sal in t1K Canner and Stave lea o)arrsaid]llur 19th der o/ December A D. t4~ 9 - • r, •1.,, i Notary Fublic State of Florian ;~t:3:•a~tge~ ~ i' My Commission 'e.xpit_ es: - _ 1 f - (NOTARIAL SEAL) ' i Robert F.McRnbertsr P~. - ~ ; - McROBERTS ~ STEGERR, - %ts hrJ~nnntui prcparrd by: Attorneys at Law - ~~'%.j~f~~~`t:~:•~'