HomeMy WebLinkAbout0554 and shall perform, comply with and abide 6y each and every the agreements, stfpulafiona, conditions acid
rnvenanls thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and twirl.
7i1N14 1ItP mortgagor hen~by further covenants and agrees 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 faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements
therec?t at arty time: to IrPPp the buildings Hour or hereafter on said land fully instwed in a sum of not leas - ~
than pis
to a company or rnmpanies acceptable to the mortgagee, the policy or policies to 6e heW 6y, and payable
to, said-moNgagee, and in the event any sum of money 6ernmea payable 6y virtue of suck insurance the
mtufga~PP ahaU harti+ the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any sttrpltts: fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, 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 cotrenanta of said note and this mortgage,
or either; to perform, rnmply 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 jails fo pay when
due any tax, 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 lnw-
(ul rate then allotuerl by the laws of the Staff of Florida.
arty sum of money herein ref
erred to 6e not promptly paid within 30 days next of
te?
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 perfotmted, rnmplied with and abided 6y, then the entire
sum ment(oned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in sa(d note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constiftttP a waiver of any rights or options under said note or this mortgage accrued or
therea f !Pr a.
truing.
~n ~itneSS thereof, the said mortgagor has IIPIPllntO signed and sealed these presents the
day and year first above toritlen.
Signed, Sealed alld dPl11~PlPll In t~P prP5PI1eP Oj:
- R
witness
I
f
STATE OF FLORIDA i
~ COL'\TY ()F - ~ t
I HEREBY CERTIFY that on this day, before me, an i
officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~
i LEONARD R. LEES
to me known to be the person described in and who earcuted the foregoing instrument and he acknowledRtd
before me that he executed the same.
N'Il~\ESS my hand and official seal in the County and Statc last aforesaid this G129Lt! day of
Nrntetttber A. D. ~9 ~9 • - ,,,`~.,,TT„rtf~
~ ~j~
NOTARY YIIBLIC ~ ci ; :11 ~ Mn d ;r£
MY CO~IlrIISSION E%PIRB~ ~ .
Notary Pubfic, Stale'~f~r~;~~
~
~Rxcc>uvi7 t:~rtT M,, C,orr,missian~ ~ire~ t~i.99~~•~'' qq
e~cosn ~~ra~rtco_ ~ ~ .
4`7143'7
! this In.~rran~ni prpnnd hy: OR