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HomeMy WebLinkAbout0570 • _ _ _ t' and shall perform, comply with and abide 6y each and every the agreements. sttpulationi. conditions and covenants thereof, anal of this mo?lgape, then this mortgage and the estate hereby creoted, aholl teats, de- !ermine and be nuU and twirl. ~Ild the mortgagor hen+by further covertanls and ogress to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations, and enctunbrancea of every naftue on raid pro- perty: to permit, commit or stiffer no waste, impairment or deterioration of said land or the Improvemenb therecrt at any time; to keep the buildings now or hereafter on said land fully Insured in a stun of not less than N/A In a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, pad in the event any sum of money becomes payable 6y virtue of such tnattrance the mortgagee shall have the right to receive and apply the acme to the indebtedness hereby tectsred, accounting to the mortgagor for any surplus; fo pay all costa, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the f ailtue of the mortgagor !o promptly and fully comply with the agreements, stipulations, conditions and rnvenant: of said note and Chia mortgage, or either; fo perform, rnmply with and abide by each and every the agreements, stipulations, rnndifions and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when doe any tax, assessment, irtsttrance premium or other sum of money payable by virtue of said note and this mortgage, or ether, the mortgagee may pay the same, without waiving or of jetting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereo/ at the highest law- f uI rate then allowed by the laws of the State of Florida. ~L any sum of money herein referred to 6e not promptly paid within 30 days next after the same becomes due, or iJ each and every the agreements, stipulations, conditions rend covenants of said note and this mortgage, or either, are not fully performed, rnmplied with and abided by, then the entire sum mentioned in said note, rend 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 acid note or herein to the contrary nofu~ilhsfanding. Failt?re by the mortgagee fo exercise any of the rights or options herein provided shall not cortstiftrte a waiver of any rights or options under said vole or this mortgage accrued or thereafter accruing. ~n ~ttneSS ~heCeof, Ilte said mortgagor has hereunto Signed and sealed these presents the day oral year firs) nborP trriifen. Signed, sealed and dPlir~ered in the presence of a' ~ - _ Q-.. ~ - ~ - - R. - . - - - - - - - - - - - - - --..-.-.-----~-:~-tom STATE OF FLOR1DAy B COL'1TY OF _ t ~ I HEREBY CERTIFY that on this day, before rrx, an officer dul.• authorized in the Stair aforesaid and in the County aforesaid to takr acknowledgments, prrsonally appeared LEONARD R. LEES to mr known to hr thr prrson descrihrd in and who ezrcutrd the forrgoing instrument and he acknowledged beforr me that Ile rxrcutrd the same. ~1'I"l~\ESS my hand and official scat in the County and Stair last aforesaid this o2~~ day of ~tl,anrf,iq,~ y%G`t4'~r~iz A. D. t9 79 .~~`'"Cpt;i07~?~'~, ~1 L ' . . - xNOTARY PIIBLIC ~ r`te' y _ ~ JAN -3 ~ c; 7 MY COI4IISSIC~N ~axrIa$~:. 0 ~ . flL[0 RFL• Ni.LUttt?tJ ~ ~ h~ ST.ItlClf CCUNTY.fIA- _ _ ROGER POITRAS ~aq~ CLisRK CIRCWT CCUR ra t%teFl:'~.:,I4 ~ Commission txpi RECORD vER?F2E0~~~-'--~"'"" f 4'7144`7 17~u hwnin~~irf prrpnr?-d hy: ~R ,'I ddrru B~ ~N:rJ PMCf 5~