Loading...
HomeMy WebLinkAbout1345 and shall perform, comply with and a6td~ by each and every fhe agreements. sflpulattoris. conditions and covenants thereo/, and of eha mortgaps, then this mortgage and the estate herby c?sated, shall caws, de- termine and be null and void. Ijl{I~ fhe mwfgagor Newby further covenants and agrees fa pay promptly when due fhe principal and interns! and other sums of money provided far in said note and this mortgage. or either; to pay aU and atngular fhe loxes, wsessments, Isvies. ltabilittes. obligations. and encumbrances of awry nature on said pro- perty: to permit, commit or suffer no wrote. impairment or defertorofion of sold land or tho improvemenb therrcn at any time: fo keep the buildings now or hereafter on said land fully tnsur+ed in n sum of not less than in a ~pany or companies acceptable fa the mortgagee. the policy or policies to be held by. and payable to, sold mortgagee, and in fhe event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive oral apply the same to the indebtedneu hereby secured, accounting !o the mortgagor for any surplus; !a pay aII cods, charges. and expenses. including lawyers fees and title searches, reasonably incurred or paid by the ~ mortgagee because of the f atlur~e of fhe mortgagor to promptly and fully comply with fhe agreements, stipulations, co?tdttions and covenants of said note and this mortgage, or either; to perform. comply with-and abide by each and every the agreements. stipulations, conditions and rnvenants set joreh to said note and this mortgage or either, In fhe event the mortgagor /ails fo pry when due any tax, assesament, insurance premium or other sum of money payable by virtw of sold note and this mortgage. or either. the mortgagee may pay fhe same, without wntvtng or affecting the option to foreclose or any other right hereunder,. and all such payments ahaU bear interest from date thereof at the highest Iaw- f ul ?ale then allowed by the laws of the State of Florida ~L any sum of money herein referred to be not promptly paid within ~1^~y days next after fhe same becomes due, or ij arch and every the agreemenTs, atipulations. eonditioru and eovenanb of said rota and this mortgage, or either, are not fully performed, complied with and abided 6y, then fhe entire sum mentioned In said Hole, and this mortgage, or the entire balance unpaid thereon. shall forthwith or fhereajter, at fhe option of fhe mortgagee, 6eeome and be due and payable, anything in said note or herein fo the eonlrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not c~onstifttte n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~itnesS ~he!'EOf, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. _ Signed, sealed and delivered in the presence oj: k f f I ~ STATE OF ~jA I COUNTY OF j~~ i I HEREBY CERTIFY clot on this day. before tae. an s officer duly authorized in the Stott aforesaid and in the County aforcuid to take acknowledgments, personally appeared J06~PIi ZOBAY to me known to be the person described in and who executed the foregoing instrument and ~ acknowkdsed heforc me that ~ executed the samE. WITNESS my hand and official seal in the County and State last aforesaid this ],at day oI Fe~]SI'y A. D. 19 ~ c 1a~U fE~3 2g 3~ ~ My Caomadssion Expires : X ~~a?/moo FltEL ~N[~ R=CRtt,~Eti a 3t. U!l=iE Cs~~Nt Y. f i A. ROGER P017RA5 , CLERK CIRCUIT CO' - /J ` . ~1 ,t, . o :y.:<~. r 17ia Ingnn,cnt prr red b arup le P is Is 1Yt 7as. Cate. Addmu 999 S. U. S. 1 ~ ` ~~R r p~ St. 352 ~~3~'6 ~~G~1343 ,