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HomeMy WebLinkAbout1093 i• e, and shall perform, comply with and abide 6y abCh and every the agreements, stipulations, conditions and cownanta thereof, and of this mortgage, then this moNgage and the estate hereby created, shall cease. de- termine and 6e null and void. the mortgagor hereby further covenants and ogrees to pay promptly when dw the principal and inisrtst and other auras of money provided for in said note and this mortgage, or either: to pay all and singular thv trues. asseuments, levies. liabilfttea, obligations, and encumbrances of every nature on said pro- perty; fo permit, commit or suf jer no waste. impairment or deterioration of said land or the improvements thereon at any time: to Ieeep the buildings now or hereafter on said land fully insured in a sum of not leu than N/A in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and to the event any sum of money becomes payable by vtrtw of such inuurance 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 all cosh, chaeges, and expenses, including lawyer's jeer and title searches, reasonably Incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly i _ and fully rnmply with the ngreementa, stipulations, eondtttona and eovennnta of said note and this mortgage. ~ or either: to perform, comply with and abide 6y each and every the agreements. stipulations, conditions and eot.~ertnnts set /Drib in said note and this mortgage or either. M the event the mortgagor jails fo pay when ~ due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this } mortgage, or either, -the mortgagee may pay the name. without waiving or of/acting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed 6y the laws o/ the State of Florida. ~l any sum of money herein referred fo be not pro:nplly paid within 30 Jaya next after the same becomes due, or tj each and every the agreements, stipulntiona, conditions and covenants of said note and this mortgage, or either, ara nat jolly performed, complied with and abided 6y, then the entfro I sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall jorthruith or thereafter. at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to 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 pec?ued or thereafter accruing. - - i e` (CORPORATF_ n ~jLn~ ~I~RflI the mortgagor has caused these presents fo SEAL) be executed in ifs name, and ifs corporate seal to 6e hereunto of f fixed. by its proper officers thereunto duly authorized, the day and year f fiat above written. ATTEST------------------------------- . LAt1BSL_ BUILDEBS~- INC. I Sig ed, sealed and livered in the presence of By------ - E 190 FE:, 28 36 FiLto xr+o ~_cok~~E ST.IUCIE CtzaTY.F[H. ROt3ER POITRAS O` CLERK CI~tCII:T CGu:i ~OUl1 Of ~ ~ 1 HEREBY CERT/?Y 1ha1 an Ibis dot. 6rJonnme. on oJ/icr? duly outl~orirsd in tl~e S1ds and County a/ansaid a tole ac6~or+iedp- meals, persorwllt appeored ~ well imou,n to mr to 6e the ~~(.GL ~ President aid nspectiuel7 of the oapordton mnrd os E morlgago? in the (ongoing inslrumtnl. and Ihol that reaenallt ocinwu+ledged ezecufi+y the earns, in the sense pre of Iwo su(rseridinp witnesses, J.eelt and troluntorily undo. authositr dolt orated in Them 6t sold cvpaeation and Jwt the -oral aJJtzed 11vrna is tht tnae tapumle seal of ~ I ,aid corporation. ~SlFr:1~ESS s.p sad ~Jfciot stat in the Coun1Y and dote tact aJwr.aid this p?~ ~ dor of Februar~r I A. o. t9 80. ~,4'; = . v 'r~- ~TOYABY PiiBLIC ~ J r' c !M?INCH 3 lMot!!ty t~libb t?taa d Florid!, !!t Latgf . • _ c- C , MI?f.01111u1Mton NttpiresJwn/N,,tllet !iris Lwninrcn ptrparrd by: ~ ` ,t• A~lt~,r~r aoot~~ p~1~. .