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HomeMy WebLinkAbout1989 - _ - __~2 - - arul situil Nrlji+irii, cuTii~?ly ii~itt urd au+~a ~ ~.::lz'Clt~ terry Ylte aLr.iopm.ntr; „t[pulatto?is, c~ondittons and cotenants thereof, and of this morfgapekl{len this motgQgi? and the estate hereby cn?ated, shall cease, de- termine and Ire null and ibid. end the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest anrd other sums of money provided jar in said Hole and Ibis mortgage, or either; to pay all and singular flip ta.YPS. assessmelits, lrties, liabilities, obligations. and encumbrances of euery nature on said pro- perty; to perntll, rnmmii or suf jer no waste, impnirmenl or deterioration of said land or the improvements - lherecn at any IimP: fo lePep the buildings now or hereafter on sold land fully insturd in a sum of not less than N/A in a company or companies atreptable to the mortgagee, the policy or policies to 6e Geld by, and payable to, said mortgagee, and in the etent any sum of money becomes payable by virtue of such insurance the mortgagee shall hate the right. to receiae and apply the same to the indebtedness hereby sectued, accounting to the mortgagor jar any surplus; to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred 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 perform, comply with and abide by each and euery the agreements. stipulations, conditions and rnvena+tts set forth iii said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, 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 !o foreclose or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law- jul rate then allowed by 1hP Taws of the State of Florida. ~L anv sum of money herein referred 10 6e not promptly pnid within 30 days next n(ter the same becomes dtie, or iJ each anil every the agreements, stipulations, conditions and cotenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said riotP, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nottrithstanding. /'ailurP by the mortgagee to exercise any of the rights or options herein provided shall not constihrte a waiver of any rights or options under said note ar this mortgage accused or thereafter accniing. ~n ~itneSS thereof, the said mortgagor Etas hereunto signed and sealed these presents the day and year first abate ttritlen. S' , sealed and deliteretl in the presence of .~a...~_. y i~ ~~3 L. DiMAGGIO - STATE OF C(~l'\TY OF I HERI~BY CERTIFY that on this day, before me, an officrr duh• authorized in thr State aforesaid and in the Counq• aforesaid to take acknowledgmrnu, personally appeared i FRANK L. DiMAGGIO ` to mr known to he thr prrson described in and who executed the foregoing instrument and he acknowledged ! Ix•torr mr that tleexrcuted the same. 1 1'11:\ESS m~• hand and official seal in thr County and Stair last aforesaid this L ~ day o[ A. n. 19 79 otary Pub , y-~•••~~~ FRANK R•B~teCof Naw YoAt - : - NOTARY ~ugy8p46125 ~ - t3uallfled in Q 1961. tfi[ COMfLLSSION EXPI1tES t : Y Qommissioo ~ t _ , - 4'7234s ~<< • . tFWb~ '~Gp~t4cU ~IttY.t'lA. ~(~iRCtltt C AS7 !lrit ~ns/rr,ne,rt pmpr,re'rl hy: xatatro ~'~RtF cEfl_ - AdJrr_~s 6ilO~K~+Ge) P1CF~~ i • F