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HomeMy WebLinkAbout1761 • 1 • and shall perform, comply with and abide by encl! anc} ez'erY ~thb~v areemenls, sitpulattoni, conditions and covenants thereof, and of this mortgage, then this ~ mortgage and the estate hereby created, shall cease, de- termine and be null and twin. the mortgagor hereby further covenants and agrees to pay promptly when dw the principal and interes! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbroncea of every nature on said pro- perly; to permit, rnmmif or stiffer no waste, impairment or deteriorotton of said land or the improvements thereon at arty time; fo deep the buildings now or hereafter on said land fully tnstu+ed in a sum of not leas than N/A - . in a company or companies acceptable !o the mortgagee, the policy or policies to 6e held by, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any aurpltts; to pay all costs, charges, and expenses. including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee becatue of the failure of the mortgagor fo 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 by each and every the agreements, afipulations, conditions and covenants set forth to said note and this mortgage or either. In the event the mortgagor fails to pay when dt.e 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 affecting the option to foreclose or any Other right hereunder, and all such payments shall bear interest from date thereof nt the highest law- ful mte then allowed by the laws of the State of Florida. any sum of money herein referred to 6e not promptly paid wtthinthirty days next after the same becomes due, or if each and every the agreements, stipulations. conditions and cvvenants of said note and this mortgage, or either, are not fully performed, complied- with and abided by, then the entire sum mentioned in sa[d note, and this mortgage, or !hs entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, 6ernme and be due and payable, anything in said note or herein to the contrary ~notu~ithsfanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a u~ainer of any rights or options under said note or this mortgage accrued or fhereafler accruing. ` ~n ~itntSS thereof, the said mortgagor Itas hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in t e presence of : ~ 1 " ~ ~ t~ii[JR S . I I STA?E OF FLORIDA, COUtiTY OF MOt N I HEREBY CERTIFY that on this day, before me, an o[(icer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared AK~IUR S . PC+WIIiS to me known to be the person described in and who executed the [oregoing instrument and t'1e acknowledgtd before me that ~ executed the same. N'I7~NES5 my hand and o([icial seal in the County and State last a[oresaid this 3'rf~ day o[ .JaCllt81"y A. D. 19 ~ . ~ --...f~totary Pubic l9~0 JHti 10 3~ 25 My Catmli sion Expires: f[lEl1 LNG "`-GGR'Jtit ST.lUC1E CCUYTY.fI A. - ROGER POITRAS NOTARY P11811 C STATE Of flOt1DA AT LAR(~;;,' ' CLERK CIRCUIT COUPT MY CO.,~,I~; ~ ' i' rtn iFlCi?_--~1~-- flOt,i SS`ONErP1~E51U1Y.18 19D~~t`t~tit~tlf~e~,,rf. ~ :h . , 4'722~Z2 a' 0v ~ _ T/iu l~u/nin~~i~~ prrpnrrd b ~ J Y , ' y' Arif Parupia ~ ~ Q SIR ,rrf j~.y~~;~~ r Ad~/irls Lawyers Title Ins . Corp. BLOK t•IICEl f 9999 S. U. 3. 1