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Home My WebLink About1097 and shall perform, comply witk and abid. byeach and euer~r , th4 agreement, stipulations, eonddtions and covenants thereof. and of tha mortgage, then•tht mortgage an~ the estate hereby created, shall cease. de- te?mine and b. null and void. the mortgagor hereby further covenant and agrees to par promptly when due the prinNpal and interest and other swfia of money provided for to said note and thL mortgage, or either; to pay all and singular the taxes. assessments. levies, ltabilitisa, obligations. and encumbrances of every natuti on said pro- perty: to permit, commit or suffer no waste. impairment or deterioration of said land or the improvements thereon at any time; to Ieeep tht buildings now or hereafter on said land fully insured in a sum of not less - than I~1/A ' in a company or companies acceptable !o the mortgagee, the policy or poliNea to be held by, and parable to, said mortgagee, and to the event any sum o/ 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 all cost, cha?gea, and expenses, including lawyer's fees and tills searches, reasonably incurred or paid by the mortgages bemuse of the failure of the mortpaitor to prompflp ~ and fully comply with the agreements, stipulations, conditions and covenant: of said note and this mortgage, 1 . or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and - covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, inuurance premium or other sum of money payable by virtue of said note and tht mortgage, or either. the mortgagee may pay the same. without waiving or of jecting the.opfion to foreclwe or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- /ul rate then nllQwed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within g0 days Hex! after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said Hole and this mortgage, of either, are not f uUy performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be 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 tights or options under said note or this mortgage accrued or thereafter accruing. r~M~~ (CORPORATF_ n ~ju~~ the mortgagor has caused these presents to SF_AI) be executed in its name, and its corporate seal to be hereunto affixed, by its proper of f icers thereunto duly authorized, the day and year f first above written. ATTESI'-------------------------------------------------------------------------- ----LAUREL..BUILDS&5.:...INC..---------------------------•-----•--.. - Signed, sealed and liver . in the presence of ~ ~~ico - Pmsidrnt ~~'~7~ 19B0 f E8 28 36 FIIEU ~K13 ~tt:UAL.l: it ` S ROt ER PO 7RAS~ ~ j~',~ O! FLOgjD CIERiS CIRCUIT CUU. T LVUII Of ,~c-~-c- r~CO*~ E'ER'; :i r I 1 HEREBY CERTIFY that on 1 - da . brJorr mr. an ol(im d/dy owharised in the Slats and County a(onedd to laje achreoeuiede- mrnls, persondir opprared ~J~ ~ D - wetl i:nourre to mr to he thr ~ ^r~e~7 ~ the ?eo+eeed ar morigogor in lht farrgoing inslrumenl, and Ihot Ihey srarroii~ aiuwuJederd ezecvliree the same, N Iht ~ presennr o/ lua suiaoii~irep witnesses. ~ lmly and voieuelarity nn.irr «~ll:eritr duty reslyd ire them i+s said corporwion and that 11ee ,tai al/tied Il~r+rio is Il» tn.e owpa.ots ,rd aj ~ soid oortwrotion. a Wt'1'NESS ear hard and ojJi.aal sect in the Count' and Slate iost olaresoid Ihis A. D. t9 80. of ~ d°'' °I February J~„g11 NIet1,,, - r V-~. ~t„. .r.. - ` 4 J ~ t - -.I-It ~ _ 4. ~y ~tbNC State d ftoride N l.irgi ' - ~i4 ~rfaonnnWionE>rpires.HtnalS~lsi~1 I%u hulnu~u'n~ pnprrred by: , s.~'.~'. . Add„ eoo01tit~~ Prir~1035