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HomeMy WebLinkAbout2896 • , + - and shall perform, comply urith and abide 6y each and etyry the agreements, sltpulntion's, conditions and covenants thereof. and o~ this mortgage, then Ihis mortgage and the estate hereby created, shall cease, de- termine and be null and troid. ~nd the mortgagor herl~6y further rnvenanfa and agrees to pay promptly when due the principal .and interest and ollter sums of money provided fo? in said note and thfs mortgage, or either: fo pay all and singular the tares, assessments, IPUIPS, liabilities, obligations, and encumbrances of every nature on snid pro- perty; fo permit, rommil or suffer ?to waste, impairment or deterioration of said land or the improvements IhPr+PCn of any limp; to beep the buildings nou, or hereof ter on said Land fully insturd in a sum of not less than N/A in a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payable to, snid mortgagee, and in the event any sum of money becomes payable 6y virtue o/ such insurance the mortgagee shall have the right to receive and apply the snore to the indebtedness hereby secured, accounting fo the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply u+ith the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply uriflt 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 fo pay when due any fate, assessment, insurance premium or other sum of money payable 6y 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 all-such payments shall bear interest from date thereof nt the highest law- f ul rate then allowed 6y the lairs of the State of Florida. ~l any sum of money bPrein relPrrPd 10 be not promptly paid within 30 dnys next after the same becomes dtte, 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 by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary Holt/rlthstandinQ. Failllre by the mortgagee to exercise any of the rights or options herein provided shall not consfitttte n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~M ] j~ ` s ~n ~~ultzSS W~QreOly the said mortgagor bas hereunto signed and sealed these presents the f day and year first above trritten. ~ i _ _ Signed, d an elivernd in a presence of : r - - - ~ - - flifam-:T;- .ant elI-a - - )T~ _ .....-_-~i~it~t~ss f f . - - - - - - i i 1 ~ M/~~ tse~lf STA-CE OF PbE~E9~t; COl:\TY OF IQAa~StJ- 1 HEREBY CERTIFY that on this day, before me, an officer dule authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared a v . to m.• known to the person described in and who executed the torr¢oinq instrument and acknowkdRed Irctore the that ~ executed the same. ~~'IT\ESS my hand and otfirial seal in the County and State Iasi aforesaid this ~ ~ day of A. D. 19 74 X~ut! 1 ~7( iii 1:,, ~ t'.~... - , _ 1.•~ . ~ ~ ~ ftc!'.RS~v c:: ~::i ~ re(Yl'.+RY Pt'R~ C II ~ ' C,cmiis~~n Expi:~s A,t~. 11, 1932a ('(T!-?iISSZ~T. ~~PIRP:S: ~p11ftFYYi~++1r>'t~s~t/srl?~rrtr+rrr?f/X 4'~1U23 ~ X19 DEC 31 AN ~ 13 ' FILED A[tD kEl'T icGCD - STkIU~R PWTRAS~• CLERK CtRCUtt C = . RECOUO vf-esTIFD~9 _ - I//Jl/1!!!/('J1/ FnFaarl hy: f ~ i~t~(~R:Cf w. ~I~~/ / w~nr /l~~ j t