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HomeMy WebLinkAbout1078 - _ _ _ . - . ..1-- and shall perform, comply with and abide by each'nnd every the agreements, stipulations, conditions. and covenants thereof, a~~d of this mortgage, then. this mortgage and the estate hereby .created, shall cease, de- termine and 6e viii! and laid. the mortgagor hereby further covenants and ag?ees to pay promptly when du. the principal and interest and-oilier sums of money provided fur in safd note and this mortgage, or either: to pay all and singular the lases, assessments, levies, liabilities. obligations, and encumbr+artces of every nature on said pro- perly; to permit, commit or suffer no waste, impairment or deterioration of said land or the improvements therecn at arty time; to keep the buildings now or hereafter on said land fully insured in a sum of not less than nil fu u c~mpuny or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said moAgagee, and in the event any sum of money becomes payable by 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 surplus: to pay nIl costs, charges, and expenses, including lawyer's Jeer • and titb sanrrhps; rvnxnitehly Inrrtrrad or paid 6y the mortgagee bemuse of the /allure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of avid 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. In the event the mortgagor jails to pay wham dire any tax, assessment, Insurance premium or other sum of money payable by vtrtup of said note and this mortgage, or either, the mortgagee may pay the same. without iuniving or ajjecttng the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereo/ at the highest law- f ul rate then allowed by the laws of the State of Florida. any sum of money herein referred fo 6e not promptly paid within 30 days next after the same becomes dire, or ij each and every the agreements, stipulations. conditions and rnuenanb of said note and-this mortgage. or either. are not fully performed, complied with and abided by, then the entire sum mentioned to said note, 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 acid note or herein to the contrary notwithstanding. Failure 6y the mortgagee fo exercise any of the rights or` options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~ulQSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year Just above tvrilten. Signed, sealed and delivered in the presence oj: _ ~CC~ f _ -E - ELDON LOBLEIN `~(\t~,~nti~l. ~ STATE OF -F~63hFB>+k- - G COUNTY OF wr~.St.,e~ ~ I HEREBI' CERTIFY that on this day, before an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared s ELDON LOBLEIN E to me known to he• the person described in and who executed the foregoing instrument and Who ackrwwled~ Ixforc me that he executed the same. ~ 4 a - N I7~NESS my hand and official seal in the County and State last aforesaid this ,~{~~i)".o~ /F~ ~ _ t - r ~ rJ?.JLJ... - ~ i OTARY PUBLIC sy•-'j: S• FILED R"if.:i CL;t: t S1.ll;CtE CCUti f Y. FI A. ROGER POItRAS My commission expires: ~l a I CLECX Cit~.lfl? C`~3:`T~- 1 ~ fC..'. ~ ~'T7461 - • i ~f'll3 lituni»rc» ~ prrpnrc~rl hy: e~~~ p~~1o~s i ~ ~