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HomeMy WebLinkAbout2286 - i - - - . and shall perform, comply with and abid. by each and every the apreem~nts, etipulatioris, eortdtltona and ootwnants thereof, and of this mortgage, then this morigage and the estate h.reby ceMated. shall awe. de- termine and be null and void. _ the mortgagor Newby further covenants and a~reea to pay promptly when dw the principal and - iriteres! and other soma of money provided /or in said Dote and this mortgage. or etth~r: to goy all and singular !he- taxes, assessments, levies, Itabilities, obGgattona, and encumbnartcw of every nature on said pro- perty; to permit, commit or suffer no wrote. impairment or deterioration of-said Iand or the impnovemenb iherron at any time: to krep the 6ulldings now or herraf ter on said land fully insured in a stun of not less than Tull Insuiable Value ~ - in acompany or companies accsptab(c .to the mortgagee. the policy or policies to be held 6y, and papa6le to, sold mortgagee, and in the event any sum of money- becomes payable by virtue of such tnstuana the` mortgagee shall have :lo : fight fo receivi? and apply the sans to the indebtedrtess het~aby secwecl, aoeounting !a the mortgagor for any surplus: to prey all- s~osis. changes. and expenses. including lawyer i fees and title searches, reasonabIX. incurred or paid by the mortgagee because of the fnlluro of the mortgagor to promptly and fully comply wfih the agreements. stipulations. conditions a~ul•cownanb of said-note and this mortgage. - or either:"to perfo?m, comply w'th and abide 6y each and every the agreement:, stipulations, eonditiortE and covenants set forth to sold note and this mortgage or either. 1n the swot the mortgagor jails !o pay when due any tax, assessment, lnsurartoe premitun a other stun of money payable by virtue of said note acid this nwrtgaga. or ritlerr, tl~e rhurtyuyra ntay prey the saute. without utnlutng or ajf ecttrtg .the option !a f oreelase or any other right jteretutder, and all such payments shall bear tr}terrst from date lheneoj at-the highest low- - juI rote then alloursd by the laws of tl{e State o/ Flo?ida - any sum of money herein re/cited to 6e not promptly paid within -..lg...___ days next after the same becomes die, or ij each and every the agreements, stipulations, conditions and rnvenants of said . note and this mortgage, or either, are not "fully performed, rnmplied 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, of the_ option of the mortgagee, become and be due and payable. anytheng in sold note or herein to the eonfr~ary notwithstanding. Failtere by the mortgagee to exercise any of the rig~tts or options. heretre - _ provided shall not constihtle a waiver of any rights or options under said ?iots or this mortgage ac~crtaed or " thereafter accruing. - ~n ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above wriflen. Signed, sealed and deGnered n the presence oj: - - ttiesi;--- _ I~bert Sliar? _ _ - II I ~ - STATE OF OR2tIA ~ . _ COU:VIY OF SAN 0~7~0 I HEREBY .CERTIFY that" oo this day. before me. as officer duly authorized in the State aforesaid and in the County aforesaid to take acks;:.wkdgments, personally appeared Aobert Shah and Joyce Shan - to me known to be the perso~8 dacn'bed in and who executed the fotrgoinq instrument sad ~]~y ackrwv?kd~ed hetorc me that they executed the same. KI7N£SS my hand and official seal in the. Cour_ty and State last aforesaid this ~ N~ day of a~ A. D. 1980 - - _ t orftc+s~ sErt ~ tyom+sissior Expires: ' UWD~ H. P~GIiW00D NpTR:,'r - CRtlfa3rtlA - ~k., y. 3~ ~ FRB ~ _ - _ ry: uf~ t~30 JAN 30 P,~ ~ 2 Atf? t'~oron E.~. Attg.31.1982 8 F'iLED R N: F: Ct?kGt 0 ~ .5T.L1>CIECWN K a, - - CAGE R~ R~ R.ECORa YERiFtEO 4'4428 - ~flru Lwnrmc,>< prpard by: _ Add>~ ~ ~ - - . 1~;~24 ~~2~82