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HomeMy WebLinkAbout1952 • _ r and shall perform, comply with and abide by each and every the agreements, sfipulattoris, conditions and rnvenants the.eof, and of this mortgape, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and void. the mortgagor hent6y further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies. liabilities, obligations. and enctunbr+ances of every nature on said pro- perty; to permit. commit or sttf ter no waste. impairment or deteriornfton of saki land or the improvements therrcn at any time: to beep the buildings now or hereafter on said land fully insured In a sum of not less than N/A In a rnmpany or companies acceptable to the mortgagee. the policy or policies to be held by. and payable to, Bald mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby sectsred,.aceotrrtting to the mortgagor for any atupltts: fo prey all costs, charges, and expenses, including lawyers jeer and title searches, reasonably incttn+ed or paid by the mortgagee because 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; to perjo?m, rnmply with and abide 6y each rend every the agreements, stipulations. conditions and covenants set Jorfh to said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other stun of money payable 6y virtue of said note and this mortgage, or either. the mortgages may pay the snore, without waiving or of jetting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date Ihereoj nt the highest law- f ul rate then allowed by the laws of .the State of Florida. 1l any sum of money herein referred to be not promptly paid within ~1t31 (30~ days next after the same becomes due, or ij each rend every the agreements, stipulations. conditions and covenants of said not. and this mortgage, or either, are not fully perfot~rted, complied 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 mortgages, become and be due arid payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~ ` ~n ~he~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, scale and delivered in ! presence of : _ A------------ - -+1---~- .....----------S.--•- ~ STATE OF FLORIDA, COUNTY OFD MA le F 1 I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared AK1lIl1R S . P'Ofn~tS to me known to Ix the person described in and who executed the foregoinG instrument and ~ acknowkdged before me that ile cxccutckl the same. W I7 :MESS my hand and official seal in the County and State last aforesaid this 8th daY ~ J8iT1132'y A. D. 19 ~ , 1980 JAN 1.1 A!# 11~ 20 ~O - ~ flt.Etl i'NC FE:GUx0i.0 t~ Cati>aa3S10R Fires St.lllCtf~C~IT fY~. f t A ROGE NOTARY PUBLIC SLA7E C>F FLORIDA AT lI?Rt~ ~R><CIRCUIt CCU ~ µtutn,n ~ , _ _ MY COMN?t55tO:J E~PIZES IUlT.18 1981 sttN QECOR~~'EFtf1E!`---- ttONDEDTHRUGENERALINS.UNpERWR1` EJj.~_', ` ~t~ ~ M~ I~ii~k7~+ e • t ' ~ r - 4 ~ ~ w, ~ m VS 'Y _ , Thu Lwrun~rnl papnrrd bY~ A. Panlpia ~ ~ - , i - . ~I~S ~t~ e~~ P1~~943 AdJrrrs 9999 S. U. S. 1 Port St . T su~i e _ Fla _ ~~L?5~ I ~