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HomeMy WebLinkAbout1855 and shall perform, eotrtply with and abide by each and every the agrwmenes, stipulationi, cortditiorts end coverants thereof. and o? this morfgnpe, then this mortgage and the slate hereby created, ahaU cease, de- termine and be null and vgid. the mortgagor Newby ftuth~ eovertants and ogrep to pay promptly urhen dw the principal and interest rend other sums of money provided /or in said note and this mortgage. or either; to pay all and singular the faxes. assessments, levies. babiltties, obligatto?u, and encumbnartca of every nature on said pro- perty; to permit. eorr?mit or suffer no wwfe, impairment o? deterioration of said Tartd or the irnprowrrtents fherecn of any time; to ?teep the buildings now or hereafter on said land fully insured in a stun of not less than N ~ A . to a company or companies acceptable to the mortgagee. the policy or policies to be held by. and pnyabie to, said nartgagee, and in the event any arum o/ money becomes payable by virtw of such tnsurnrtce the mortgagee shall have the right to receive and apply the same to the indebtedness hereby securod, accounting to the mortgagor for any surplus; to pay all costs, charges. and expenses. including lawyer i fees and title searches, reasonably incurred or paid by the mortgagee bemuse of the fatltu+e of the mortgagor to promptly and fully comply with the agreements, stipulations, eortditioru and covenants of said note and this mortgage. a either; !o perform, rnmply with and abide by each and every the agreements, stipulations. conditions amd covenanta set forth in said note and ehts mortgage or either. ?n the event the mortgagor jails to pay when dw any tax, assessment, insurance premium or other stun of money payable by virtue of said note and this mtorfgage, or either. the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, rend all such paymenb shall bear interest from date thereo/ at the highest law- f ul rate lhen allowed by the laws of the State of Florida. - ~1 any sum of. money herein referred to be not promptly pdid within t h i Tt y days next bf ter the snore 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 :tort mentioned in said Hole, and this mortgage, or tit a 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 to the rnntrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute a waiver of any ?ights or options tutder said note or this mortgage accrued or lhereaf ter aecrtsing. ~n ~~NIeSS the said mortgagor has hereunto signed and sealed these presents the day and year first above u~ritfen. Signed, sealed and deGnered in the presence of ..--G.G.C. DEVELOPMENT. CO •....RA~~9N..._-.•-•--.® i i i STATE OF FLORIDA, ~J- COUNTY OF .t.QifCd~s~t. 7~ I HEREBY CERTIFY that on this day, before me, ss otticer duly authorized in the State aforesaid and in the County aforesaid to take acktawledgments, personally appeared to me known to~ the {arson described in and who executed the foregoing instrument and acknowkdsed ! before me that executed the same. W11-NESS my hand and otticial seal in the County and State last aforesaid thu / 9 ~ day of ¢ . s A. D. 19 7 9 . Fitt I ; rrrr~r - • ~ nC • _ • E. . C 4 , - r} (;7Ar? y'.. ~ ~ ~ S4 NOTARY PUBLIC ~ il' . ,e~sd ~ fIl`E ~?I Notary Public. State of Flotide st jugg U ~ ~-i ST~D6ER t~ t Mr Cammissisn Expaes MaF 2S, 1981 i r epK ~ r(~t ~~j~ _ tIwN1 er Aw.K~w ~w l CM~ir C°yyL . ~ 4'72265 C f ~ rrq preperad try I7iu Inslrumcal pnpnrr•J b y: R A R R A R A A. D O L A N 3 HOME TITLE INSURANCE CG~PO~TIUN Ad[~irxf i 707 Waltham Avenue 8001~~ P~184s ~ Pine Casua, fbnda 3?803