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HomeMy WebLinkAbout1279 • ?:~N• ~ and stall perform, rnmply urith and abide by each and every the agreements, stipulntioris, conditions and rnuertants thereof, artd o{ this mortgage, then this mwtgage and the estate hereby created, shall cease, de- terminP and bP null and void. Ijn~ IItP mortgagor lterPby fu?Iher rnvenaIlls and agrees fo pay promptly when due the principal and internst and other sums of money prorided for to said Hole and this mortgage, or either: to pay all and singular the ta.rPS, nssessntPnts, levies, liabilities, obligations, and encumbrances of euery nature on said pro- perly: to permit, contmil or strf ter no waste, impairmertf or deterioration of said land or the improvements thprrr•rr at arty time: to lrPPp fhP buildings nou, or hereof ter o?t said land fully insured in a sum o/ not less . than Highest Insurable value in a company or s-ompa?t(es accPpfal)le to fhP mortgagee, the policy or policies l0 be held 6y, and payable to, said mortgagee. and in the event any sum of money bernmes payable 6y virtue of such instunrtce the mortgagee shall have the right to receive and opply the same to the indebtedness 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 pall 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply with fhP agreements, stipulations, conditions and rnvenanfs of said note and this mortgage, or either; fo perform, comply with and abide by each and euery the agreements, stipulations, conditions and conPnartts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due arty tax, assessmertf, insurance premium or other sum of money payable by t?irtue o/ said note and this mortgage, or Piflter, the morfgagPP may pay the same, without waiving or affecting the option fo foreclose or any other right herPrrnder, and all such payments shall bear interest from date thereof at the highest Iaw- ft:I mtP Ihen allowed by the laws of the State o/ Florida. arty sum of money herein referred t0 be not promptly paid within 30 day: next after the same bPCOmPS due, or (f each and euery the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully perforated, complied with and ab(ded 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid !hereon, shall jorihwith or thereafter, nt IItP option of the mortgagee, become and 6e due and payable, anything in said note or herein to ihP contrary nohvrlhstanding. Failure by the mortgagee to exercise any of the rights or options herein prouidPd shall not cartstiltrlP a u~aivPr of any rights or options under said note or this mortgage accrued or IhereaflPr nn•nring. ~n witness ~heCenf, tl)P said mortgagor has hPlPUntO signed and sealed these presents the dnv and year {first above rvritlen. i t alPd ar dP I .red in hP presence of : , Kei~h J. Parker v Soledad Parker E E 1 Central America I `I i 1 HEREBY CERTIFY that on this day, before rne, an { officer dul~• authorirrd in thr Stair aforesaid and in the County aforesaid to takr acknowledgments, personally appeared KEITH J. PARKER and SOLLrDAD PARKER, as joint tenants with full~~~~r,~~i~$ght of to m~• known to Fx the person 8 drscribed in and who executed the (orcgoing instrument and who actn~ow7edrtih 1 Ix•(on• me that they rxrcuted the same. I'l HESS my hand and officio) seal in thr t;:ounty and Stat • a(oresa~ is 20TH day of DECEMBER A. D. 19 79 ~ ~Z~~/ C . ~•in~-lfe~'r? !tt awbntw y /AOHNOTARY UBLI t . , M.' - My commission expires: DOES NOT EXPIRE. •S c , ~ 11.Ee Rftc Ft ct:all•~ , . - ~ . ST.lUC1E Ctri."ITY.FIA. ROGER POITRA5 CtEkK C1RCiNT Ci>41R~~ RiCuFD ~E?iFl~O.-..$- A l%r.• Irt~ntnu•nl prrprtrrJ hy: