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HomeMy WebLinkAbout1014 • 1 and shall perform, comply with a?td abide 6y arch and every tits agreements, sttpulatioris, conditions and covenants thereof, artd of this mortgape, Ihen flit mortgage rend the estate hereby crated, shall cease, de- termirte artd 6e null and void. ~d the mortgagor I~rt+by further covenants and agrees to pay promptly when due the principal and interest artd other sums o) money provided for in said note rend this mortgage, or either; fo pry all and singular !hP faXPS, assessments. IPUies, liabiltttes, obligations, and encum6r+ancns of every nature on said pro- perly; to permit. commit or suf Jer no u~asfe, impai?menl or deterioration of snid land or the impr~oventenfs Iher~n at arty time: fo keep fhP htrildings now or hereafter on said Land fully insured in a sum of not less than N/A in a company or companies atreptable 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 paynbls 6y virtue o) stuh insurance the mortgagee shall have the right to receive and apply the same to the indebtedness herby secured, acrountirsp to the mortgagor for any surplus: to pay all costs, charge:, and expenses, including lawyer's )ees and title searches, reasonably incurred or paid 6y the mortgages because of the failure of the mortgagor fo promptly and fully comply will the agreements, stipulations, conditions and rnnenanfs of.said note and this mortgage, or either; to perform, comply with and abide 6y each and every fhs agreements, stipulations, conditions and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor )ails to 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 pry the same, without uwfving or a)/acting the option to ~or+eclose or any other ripht herPtrnder. and all steel payments shall bear interest from date thereof nt the highest law- (ttI rate `then allowed by the laws of the State of Florida. any sum of money herein referred to 6e not promptly paid within (30~days neat after fhP same .becomes dire, or if each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully pe?/ormed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith a thereafter, nt the option o) the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgages to exsnciss any of the righb or options herein provided shall not constifrrtP a wairer of any rights or options under said note or this mortgage accrued or thereat ter accruing. ~n ~t~eSS ~~Ot? the said mortgapor has hereunto signed and sealed these presents fbe clay and year first -above tvriUen. Signed, sealed and dPI11~PrPd In t IP preSP/1cP Of ~ - - ~ - - ----PC~i.S - - -tom - - - - - i - I STATE OF FLORIDA, COU~TY OF y. Ivl fFR t r Il) I HEREBY CERTIFY that oa this day, before me, as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared t ~)R to me known to be the person described in and who executed the torcgoing instrument sad he acknowledged before me that he executed the same. S~I7~~ESS my hand and official seal in the County and State last aforesaid this 'a' ~ ~ day of jkO~er A. D. 1979. ~ 19a0 J ~ -7 Pty ~ ~ ~ - f11.t0 Afti: FE t:.int•_i L~ ~ CC~L>aS$lt][1 ~{p1reS ~,L'pCtE CO'J!1T'f.f l X NOTARY Pl~tllC STATE OF FLORIDA AT URGE: R~S£R POITRAS 10LfRK CIRCUIT CG"i%J MY COv~a ISS'O`: E SPIRES 1UL7.19 198t nR^ Y.:'t":? - _ t10NDED THRU GE`Ja~E INS . UNDERWRtTEI<S , ~ , , , ~ e j ~ s t•LS . v~ G ; _ _ ~ 1'/,u tiwni,» rni prrpmrd hy: A. P is I ~ . v~~ • r ~ ~ sue, ~ Adrfic~ss lawyers Title Ins. Corp. E!1~!(~ ~ P~~~~ ~~~~`~,rF~''~"`...~~~,.' 9999 S. U. S. 1 4