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HomeMy WebLinkAbout2808 - - - ~ ~ - - - - - - - r _ and shall perform, comply with and abide by each and every thet+?agrle..?tenla, alipsrlaftoria. condiflona and covenants thereof, and of this mo?tgape, Ihen Ihts mortgage and the estate hereby created, shall cease, de- termine and 6s null and void. the mortgagor hereby f wfher covenants and agrees to pay promptly when due the principal and i?tteresl and other sums of money provided for to said note and thta mortgage, w either; to pay all and singular the fares, sees:smenfs: levtes, liabilities, obltgafions, and encumbrances of every nature on said pro- perly; to permit, commit or srrf ter no waste, impairment or deterioration of said land or the improuemenla Iherecn at a?ry lime; to beep the buildings now or hereof !er on said land fully inst?red In a sum of not Less than full insurable value ' in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such inswance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, neeounttng to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers Dees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply' with the agreeme?tts, stipulations, conditions and covenants of said note and this mortgage, or either; fo 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 fails to pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and al! such payments shall bear interest from date thereof at the highest law- f ul rate then allou?ed ?,y the laws of the State of Florida. ~L arty sum of money herein referred f0 be not promptly paid within thirty days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the enfilb 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 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 steal! not consfif?rte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~uleSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first abore written. FT. PIE GROVES, $ign d, sated and delivere in the resence of : A FLORID GENERAL PAR RSHIP - - - - - ---BY. - y/ _ /f ~.y~ GEORGE NOGA, a General Partner •----v-'C~~~.liJf:.C.CL--fit..:.../..~1_¢~~-.--~-------- - I f E STATE OF FLORIDA, COUNTY OF ORANGE ~ I HEREBY CERTIFY that on this day. beton me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared GEORGE NOGA, a General Partner of Fr. PIERCE GROVES, A FIARIDA GENERAL 1 PARTNERSHIP i to me known to be the person described in and who executed the foregoing instrument and he acknowledged before me that he executed the same. ~ , `~i?,i~S my hand and official seal in the County and State last aforesaid this ~ day of ~ 79 ; ' - - ~d ~ ~ ' ° • State for a i ~ No u i o ` at Large _ My Co»>mission Expires: .,~~L Y• 53 ~ ,,ri-t~~ ~ ~ f919 OEC 28 PN ~ 59 _ M,r c~o~ll~t~~toa ones ~ - ne w« a t~ 1?f?{(~A?IIIS. 1llDEtWtIIERS I iILEORNt) tifCORf1t0 S ROGER POiTNASA~ ' CLERK t~RCUIT COUR RfCSIMYfF.IfiEp__~- - Thu hulnu» prrpnn~d by: 4~~6 MM A.U.,..~. Trt~S I?ISTRUMENT PRFP~Arn e,, e. ~%'J Awe