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HomeMy WebLinkAbout0219 i , and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and cot+enonts thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine and be null and void. IUt~ the mortgagor Kerr+by further covenants and agrees to pay promptly when due the principal and i?tteresf and other sums of money 'provided for to said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabtlifies, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or suffer r?o waste, impairment or deterioration of said land or the improvements ther+PCn at any time; fo beep the buildings nou, or herea f ter o?t said land fully insured in a sum of not less than full 3nsiffeable value in a company or rnmpa?tfes acceptable to the mortgagee, the policy or policies to 6e held by, and payable fo, said mortgagee, and in the event any sum of money becomea payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting fo 1he mortgagor for any surplus; to pay all costa, e•harges, and expenses, including lawyer's fees and Nile senrrhes, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set /orth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, 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 all such payments shall bear interest from date thereof at the highest law- f 111 tale then allOwe(l by fhP lalUS Of 1hP State Of 1=lOrida. any sllm of money herein referred to 6e not promptly paid within 'IIlirtq(30) days next after the same becomes due, or ij each and every the agreements, stipulaiions. conditions and covenants of said note and this mortgage, 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 unpaid lher+eon, abaft forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofu+ifhslanding. Failure by the mortgagee to exerrfse any of the rights or options herein provided shall not constitute a waiver of any rights or-options under said note or this mortgage accrued or thereafter accruing. ~n ~itntSS ~het'eof, the said mortgagor has hereunto signed and sealed these presents the day and year first a1z01'P a+rillen. Sfgned, sealed and delivered in the presence of : , - - < MARY K~DeMARCO I STATE OF FLORIDA, C()LtiTY ()F ST. I.~IE I HEREBY CERTIFY that on this day, before me. an nf(irer duly authorized in the State aforesaid and in the County aforesaid to take acknowledRments,_ personally appeared AII•.}~ANDIIt Dr~R00 and MARY K. DeMARCO to mo known to !x the p+•rson described in and who executed the foregoing instrument and ~ acknowkdged before me that t1e executed the same. k~'17-\ESS my hand and official seal in the County and State last aforesaid this -;;~ay..o( . +It1tr.+,. r • ,vt . i-.~~•.•.•ri•~~• i ' E• : . - i Notary Ptabli~' r ~ _ " i CtZlliliSS10R1 ~Y'P.S : t'• ~ . I •rollltlY t~.lc sr~n a ttalto~ ~t t.ItIIGE '9's9 DEC 3 I P`! ~ T - - tiAY COt+WttSS10N t?'11IRES AA11.1• r9;t •J+ : t. taot~ twrt sett tlis . ~t~~p ~ FILEO IiHC FEC(~Dt() I SLlUC1E COUNTY.FIA. 9 CLEAIS C RCUIT rot~T 4`7'1218 ~ !lra Lu/n,,,,<,d pir'fun~! hy: ARII? PARUPIA ~c!'if~[.ts LAWI(ERS 71TLE itJS. CARP ~ s. u. s. ~ 8[101 t1Gf Pert St. facie, Flortdt? 331Y2 i