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HomeMy WebLinkAbout2763 • and shall perform, comply with and abide 6y enclt and every f1t~ agreements, sttpulatioris, eandittons and rnhenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- ~ (ermine and be null and void. } j~ T<in~ IhP mortgagor hen+by further covenants and agrees fo 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 tares. assessments, levies, liabilities, o6lignttoru. and encumbntnces of every nature on said pro- ° party: fo permit. commit or st/jjer rto waste, tmpairmertf or deterioration of said land or the improvements fhPtrcrt of arty time; fo IrPPp the httildings now or hereafter on said .land fully insured in o aum of not less than N/A in a /'Omf><I?ty or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable ~ to, said mortgagee, and in fhP event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any sttrpltts; to pay all costs, charges, and expenses, •including lnwyeri fees and title sean•hes. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly rnmply u)ith the agreeme?tfs, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and This mortgage or either. ~n the event the mortgagor jails to pay when due any tax, assessment, insurance premium or outer sum of money payable 6y virtue of said note and this mortgage, or eif?ter, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right ~IPrPlinder, and all such payments shall bear interest from date thereof at the highest law- (uI rate then allowed by the Iau~s of the State of Florida. ~l arty sum of money herein referred to be not promptly paid within 30 days next after flle same becomes dtlP, 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 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thetron, 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 noftvtthslanding. 1"ailttre by the mortgagee to exercise any of the rights or options herein provided shall not rnrtstifllfP a u~aivPr of •any rights or options under said note or this mortgage accrued or Ihereafler accruing. ~n ~itneSS thereof, f11e sold mortgagor has hPrPttnto signed and sealed these presents the day and year first above trrillen. SlgnPd, SPaIP and dPI11~PrPd in the prPSPIICP O X _ oy e F . Cryst I tneas I i - - i ; STATE OF FLORIDA, CO~'~TY OF - I HEREBY CERTIFY that on this day, before me, an of(i~er duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ LYNN floEY , - to me known to he the person dexribed in and who executed the forc¢oinq instrument and She acknowkdged Ix~(orc Inc that She executed the same. ~~'il:\ESS my hand and official seal in the County and Statc last aforesaid this _ day o[ , n • O ~ s / ` . .y a NOT PoBI.IC ~ y ~ w. F = " ~ MY COA4IISSION EXPI~ig s~ti ~ i; ~ Natsry Pub +983. fti.krtltt`P;turlittf My Ccmm~,s~cn.. ~'~Y~ ~ F St:.lfttf GOE1>elY.R,1~ ~ ~F t~R~K~T ~ T ~ rl~CCr:f: YF~ I: S"1__ j' 4`72[325 { %is /nslrrurr~n~ ,r rrr-1! h 111I cc~~ P P' y' 6tidII~N~ ~AGEG~~ X11/rlrt ss