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HomeMy WebLinkAbout1757 • ~ and shall perform, comply with and abide 6y each .~d~ + ery , the +dgpeinertfs, atipulalion's. condition, and covenants thereof, and of this morfgnpe, then-this mortgage and the estate hereby created, shall cease. de- tprmine a?td be null and twirl. ~ild the mortgagor he?uby f urlher covenants and agrees to pay promptly when due the principal and I?tterrsl and other sums o/ money provided for in said Hole and this mortgage, or either; to pay all and singular the faxes, assessmpnls, levies, liabililips, o6ltgnlions, and encumbrances of every nature on said pro- perly: to permit. commit or suffer no waste, impairment or deterioration of said land or the improvements lhprecn al arty time: to keep the buildings now or hereafter on said land fully insured in a sum of not less than F[lt1• jN$[TI~?$TE VAIN in a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee. and in the event any sum of money 6ernmea payable by virtue of such irwtunnce the mortgagee shall have the right to receive and apply the same to the tndebfedness hereby secured, accounting to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyeri Jess and title searches, reasonably incurred or paid 6y the mortgagee 6ecatue of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo 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. /n the event the mortgagor jails fo pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or of fecfing the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- jul rate then allotuerl by the laws of the State of Florida. _ ~ ~l any sum of mo?tpy herein referred to be not promptly paid wifhin~'jTj,~~jQ~ days next after fhp 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 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. a! the option of the mortgagee, become and 6e due and payable. anything in said note or herein to the contrary nofu~ifhsfanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constif??te a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. •~N ~n ~~uleSS thereof, the said mortgagor has hereunto signed ands girl these presents the day and year first atone written. Signed, s algid and deliver in the prPSPnCp of . ~ ~t~~ ~u,_ S. ~ STATE OF FLORIDA, • COUNTY OF ' ~~w2r ? u I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State atoresaid and in the County aforesaid to take acknowledgments. personally appeared S. to me known to be the person described in and who.executed the toregoinq instrument and he acknowledged Ixtorc me that he executed the same. H I7'NESS my hand and oiticial seal in the County and State last aforesaid this ~ y ~ daY ~ J~1u3ry, A. D. 19 80• _ 7 x Notary Public My GaIIlods$i.Ori E~i2es: ~ NOTARY PL'BLI C STATE Of fLOR10A AT LARGE MY COMJai5S~0'd E}.PI~ES lULY.18 1981 dOt10f0 tH2U GE'~'t~l +N5 . UNDERWRITERS 19~Q J~~t~ I0 PF; 3~ 24 - ~~~~,,,ttt?~„.?,.,,, . FILED RAG' rECptt3i U ~ STLJCIECCUVfY.FIA. ~ % F~OGE:R POITRAS ~~4~ ~ f Y CLERK CtRCUtT C4!'RTJ_ ~ : J, Y ~3 , I~ru Lu~nimcsl prrpnrc'd hy: ARIF PAir[~TA ~ ' Atlil,r-ss tAW`rERS TITLE ItJS. caotsP r ~ ~~-pj'` 9999 f5. U~Sp'Fbdda 33x52 - - ~