Loading...
HomeMy WebLinkAbout0564 - ~ - 1 and shall perform, comply with and abide 6y each and every the agreements, stlpulaftoni. conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease: de- termine and be null and void. ~~fhe mortgagor hart+by further eovennnfs and agrees to pay promptly when due the principal and interest and other sums of money provided for in sold note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perly: to permit. commit or su)/er no waste, impairment or deterioration o) said land or the improvements therec?t of any time; to peep the buildings now or hereafter on said land fully insured in a sum o/ not less than N~A _ 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 of money becomes payable 6y virtue of such insurance the mortgagee shall haua the right fn receive and apply the same to the indebledne:s hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the jatltue 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 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 to pay when due any fax, assessment. insurance premium or other sum of money payable 6y virtue o/ 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 fhereo/ at the highest law- f ul mfe `titan allourecl 6y 1he lours of the Stnfe of Florida. ~l any sum of money herein referred fo be not promptly paid within 30 days next after the same becomes due, or i f 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, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nolu~ifhsfanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not cortstittrte a urainer o f any rights tic options under said note or _ this mortgage accrued or thereof ter accruing. ~t1 ~tt11tSS ~heCeof, rite said mortgagor has hereunto signed and sealed these presents the day and year first abovcs u~rilfen. Signed, sealed and delivered in the presence of _ _ _ ~~~_y R . ~ STATE C)F FLORIDA, ~ , I HEREBY CERTIFY that on thrs day, before me, an ~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared LEONAP.D R. LEES to me known to be the person described in and who executed the foreQoinq instrument and hC ackrwwkdaed k before me that he executed the same. ' ~~•I7•\ESS my hand and official seal in the County and State last aforesaid this day of ~ ~ ~GtG'lE'~~GC~J(~ A. D. 19 79 r , ~ „ Y ~ - 1980 JAN -3 1''1 2~ 43 xotary Public - ; • ~ ~ ~ •n r• ' s ~ FlLEO AKO PECqq"t?t:U tiC1E CQUSTY.fLA. ~ •••~i t! 1 ~ t~ S ROGER POITRAS HY C02~QiISSION ERPIP.~. ~ _ ~J •t,;LEiiit CIRCUIT LOUR ~ ~0~~ ~ l Notary Pu '~c, ~:a!e cf F;:ri•!s,ai7t.;' c•~! ` +1EEC0110 ~'E~IFIE^•- - ~C~ ~ (Otrvriss:cn Expires Fem. 2t~ i'~7~~t. a 4'71443 ~ %u brs~rrarrFn/ pr~rrrJ hy: ArlJress Bt,O~I(tJMG,t~ P~iGE t~4