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HomeMy WebLinkAbout2950 - • • sifter t 1 I 1. To pay all and singular the principal and interest and other soma of money payable by virtue of said promissory Hots- and this dead, or either, promptly on the days rsapsetiveiy the same asvaraAy become due. t. To pay all and singular the Lassa, aaaeaamenta, levies, liab>7itiea, obligations, and eneum- brancea of ovary naSurs on acid described property. each and every, and if the same be not prompt• ly paid the said Mortgages-., his legal repreaentativea or assigns, may at any time pay the same urithout waiving or affecting the option to forscloss or any right hereunder, 4 and every payment ao made shall boar interest from the date thersof at the rate of 12 per cent. per annum.. I) ~ s. To pay ~u and singular the costa, charges and expenses, including lau?yer'a face, rsason- ably incurred or paid at any time by said Mortgagaer, his legal repreaentativu ~i or assigns, because of the fat~ure on the part of the said Mortgagor-, its l~,.s, jsg~ ! ~ repreaentutivsa or assigns to perform, comply ~oith and abide by each and every the atipulationa, f agreements, conditions and covenants of said promissory note- and Chia deed, or either. and every such payment shall bear interest from date at the rate of 12 per cent. per annum. 4. To keep the bus7dinga now or hereafter ort said land insured in a sum not leas than€ i t~r~dred ~ S~ l~~ oUara, in a com pony or compuniea r iv~e to be approved by said Mortgagee-, and the policy or pdiciea held by and payable to said Mort~- gagee-, his era, legal reprasentativea or assigns, and in the event any su»t of money becomes payable under such policy or policies, the Mortgagee-, his ~ heirs, legal reprasantativea or assigns, shall have the option to rueive and apple the same on account of the indebtedness hereby secured or to permit the Mortgagor to receive acid-use it or any part thereof for other purposes, without thereby waiving or impairing any e~ti~ity, lien or right under or by virtue of this mortgage, and may place and pay for such insurance or a :y part thereof without waiving or affecting the option to foreclose or -any right j hereunder, and each and every such payment ahaA bear interest from date at the rata of ~ j per cent. per annum. - ~ j - # 5. To permit, commit or suffer no waste, impairment or deterioration of said property. or any ' i r part thereof. f s. To perform, comply with, and-abide by each. and every the stipulations, agreements, con- ditions and covenants in said promissory note-, and in this deed set forth. 7. Ij any of said sums of money herein referred to ba not promptly and ,fully paid within 30 days nett after the same severally become due and payable, or if each and every the i stipulations, agreements, conditions and covenants of said promissory note and Chia deed, or 3 either, are not fully performed, complied with and abided by, the said aggregate sum mentioned in said promissory. note- shall become due and payable forthwith or thereafter at the option of j the Mortgagee-, his leepre~~v~g~assigna, as jolly and completely as if the said aggregate sum of eedd - Uara were originally stipulated to be paid on such day, anything in said promissory note- or herein to the , contrary notwithstanding. IN WITNESS WHEREOF. the said Mortgagor-, cbes hereunto set its hand and seal the day and year first above wri ~ , LTD. i d, ed and delivered in presence o (Seal) sY: i ~ ~ (sue) Sheldon Imsaiberg ~i l~.S, (~CMEZ, F /lire /~tclrni~rr~rl /~r~/airrJ hy: I~ND HC7FII~ND, P.A. ~ ~ 1700 Sans Souci Boulevard ' Nnr+h Miami _ F1nriAa ~~lftl