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HomeMy WebLinkAbout1789 • t • • • . ~ and shall perform, comply wifR?at~t! abide 6y each and every the agreements, sttpulatioris, conditions and covenants thereof, and o/ .this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. n111~ the mortgagor hen~by lwther covenants and agrees fo pay promptly wken due the principal and interes! and other sums of money provided for in said note and this mortgage, or either; fo pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty; fo peet?ttl. commit or suffer no waste. impairment or deterioration of said land or the improvements thereon of any time: to keep the buildings now or hereafter on acid land fully insttred in n sum of not feu ; than j~/A in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable ! !o, said mortgagee, and in the event any sum of money becomea payable by virtue of such insurance the r mortgagee shall have the right to receive and apply the same to the indebfedneas hereby sectu+ed, accounting fo the mortgagor for any swpltrs; fo pay all costs, charges, and expenses, including lawyeri fees and title searches, reasonably incttr?ecl or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, sfipulalioru, conditions and covenants of said note and this mortgage, or either: fo perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth to said note rend this mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y 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 at the highest law- , (trl mfe then allou~etl by the laws of the State of Florida. ~l any sum of money herein ref erred fo 6e not promptly paid within t~liYty (30~ days next after the 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, rnmplted with and abided 6y, then the entire sum mentioned in said note. and 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 said note or herein fo the contrary notwithstanding. Failure 6y the mortgagee fo exercise any of the rights or options herein provided shall not constiftrte a waiver of any rights or options under said note or this mortgage accrued or Ihereaf ter accruing. ` ~n ~~u1eSS ~~Of, the said mortgagor has hereunto signed and sealed these presents the day and year firs! above u~ritfen. Signed, sealed and delivered in the presence of K De - E E i STATE OF~~ I~ ~K coL•NTY of ~ HtNPINGT(N STATION I HEREBY CERTIFY that on this day, be[ore me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared J06EP'fL1DeVTPO to me known to be the person described in and who. executed the forcgoinq instrument and ~ acknowkdRtd before me that ~ executed the same. Ni7'tiESS my hand and official seal in the County and State last aforesaid this K 2114 day of J A. D. 19 8(_1. r taYy Public-----------~----------- 1930 JAN l 0 3 ~ My ~ c FECO~?ko _ sion Tres 5 ROGER P01 RASA 9 CIEitK CutCU11 C01:dT jn: - - : ; - _ c. ~ I7iu hwnuuc~r/ prrpnrrd by: A. Pf~rupia (1R Ad~~rru lawyers Title Ins . Carp . 8(1011 L~ Pdt,~ 9999 S. U. S. 1 i Port St. hlicie, Fla. 33452