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HomeMy WebLinkAbout1980 • • p f,I ~ ~ ~ ~ t.~J_ t j .1 ~....Y t1,...gi..,w.,.ts. ,tlpulatloris. oatditbrt~ rand and snot orris, c - . iiiii i wics Mvwa u ~,::a.:s carertants thpeoj, and o/ fhb mortgage, then fhb mortgage and the atote heeeby created, ahaU cease, de- termine and be nttii and tfotd. the mortgagor hereby /uriher cavenonts and agrws to par p?emptly when .due the principal and interest and outer •:tuns of martey provided for to said note and fhb mortgage; or eilhw: to pay all and singular the taxes.• auesamenb. levies. Gabiltties. ob!lgattons, and encum6raraces of every nature on said pro- perty: to permit. cwmmtt or suffer no weute, impairment or detertonattion of said land or the improvement lher+ron at ony time; to keep the 6Wldtngs now or hereafter on said land fully insured in a sum of not less titan highest insurable value in a company o? eornpanies acceptable to tits mortgagee. the polio or policies to be held by, and parable to, said mortgagee, arid in the event any sum of money becomes payable by a?trttre sj such insurance tlae mortgagee shall have the right to receive and apply the same to the indebtedness hereby aecund, aevounttng eo the. mortgagor joy any surplus: eo pay all cost, charges, and expense,. including bwyer's fees and titb searches. reasonably ineun+ed or paid by the mortgagee because of the jailur+e of rite mortgagor to promptly and /oily comply with the agreements, stipuiattoru, oortdietons and covenant o/ said note and !ht mortgage, or either: to perform. ro+raply with and abide 6y each and every the agnerttent, stipulations. oondittons and covenants see forth in said note and fhb mortgage or either. In the swn[ the mortgagor jails to prey when due any tax, assessment. inaumnce premium or other sum of money payable 6y virtue of said note and flab mortgage. or either. the mortgagee may pay the same. without waiving or of f acting the option to joncbe or any other rlgh! hereunder, aru! all such pnymmt shall bear interest from date thereof at the highest law- f ul Hate then allowed 6y the laws of the State of Florida. ._..ty s.,r.. ej money herein referred to 6s not promptly paid within _ g 0 _ days next after the same becomes due, or ij each and every the agreement, stipulations. conditions and covenant of said note and this mortgage. or either, are not jolly performed, complied with and abided 6y, then the satin rum mentioned to said note, .and fhb mortgage. or the entire balartoe unpaid !hereon, shall forthwith or ther+sajter, at the option of the mortgagee. became and 6s dw and payable. anything in said iaote or herein to the rnntnzry notwithstanding. Falltue 6y the mortgagee to exercise any of the rights or opttoru herein provided shall not constitute n waiver of any rights or opttoru under sold note or this mortgage accrued or !hereafter accruing. ~n ~ktntSS ibherrof, the said mortgagor bas hereunto signed and sealed these presents the day and year jirat above written. Stgnet~, sealed and delivered in the prrsence of j ~ -e s t o :...t; ton 1~C clam Z;o on L.S. L.S. STATE OF FLORIDA, COUNTY OF I HEREBY CERTIFY that oa this day, before tree, as officer duly authorized in the State aforeuid and in the County aforesaid to take acknowledgments, pctsonalty appeared ERNESTO M. COLON and MIRIAM COLON, his wife to me known to bt the person s described in and who a:ecuted the foregoing instrument and they acknowledged bdorr ma that they executed the tame. WITNESS my hand and official real in the County and Starr last aforesaid this ~p~/f day of wee-e-ttrb•eT A. D. 19 7~.~4 - y~ tary Public - My Commission 19x;0 JAN I I Aft I~' ~9 Expires : tID7M? RISK AAIi !TR JI+ORIM N 111Rti FILEO a FECQkt)t-D rr ~~ttstpl f7~tt~ tip. =i Nq : . ST. UCI Cl)IINTY.FCcA. ttl>i~tp il!!U ~ t1i•~ 1~ R~E~POITRAS - . CLERK ClRCUiT COUR~ . RECORD VERIFIED - ~ j": 4'2341 ' ~ - _ Thu Instrumrnt papand by: ~ ~ - Addrar BU~I~~ P+4GE~,97~ . i