HomeMy WebLinkAbout1386 and shat! perform, comply wtth'and dbtde by each and every the agreemenb, stipulations, eondtfions and
covenants thereof, and of this mortgage, then this moNgnge and the estate hereby crated, shall cease, de-
termine and be null and void.
the mortgagor here6~r further covenan4 and agrees to pay promptly when dw the principal and
interest and other soma of money provided for in said note and this mortgage, or either: to pay all- and
singular the taxes, asseumsnts, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perty; to permit, commit ar au11er no waste. impairment or deterioration of said land or the improwmenls
thereon at any time: to keep the buiWtngs now or hereafter on said land fully insured 'in n sum of not leu
than ~1/A
in a company or companies acceptable to the mortgagee, the policy or policies to be held by. and payable
to,. said mortgagee, and in the event any sum of money bernmes payable 6y virtw of such insurance the
mortgagee shall have the right to ?ec~ive and apply the acme to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs. charges. and expenses. including lawyers fee: and title
searches. reasonably incurred or paid by the mortgagee because of the failure of the mortgagor io promptly
and fully comply with the agreements, stipulations, eondttiona and covenants of said note and thi: mortgage,
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 fax, assessment, insurance premium or other sum of money payable by viNue of said note and this
mortgage, or either. "the mortgages may pay the same. without waiving or of
fecttng the option to (orecloae
or any other right hereunder, and al! such payments shall bear interest from date thereof at the highest law-
f
ui ?nts then allowed 6y the lows of the State of Florida '
~L any sum of money herein referred fo be not promptly paid within 30 days next a~ter
the same becomes due, or if each and every the agreements, stipulations, conditions and eovertanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shag forthwith or -
therea/tee, at the" option of the mortgagee, become and 6e due and payable, anything in said mote or herein
to the contrary notwithstanding. Failure by the mortgages 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 accrued or
thereafter accruing.
' s`rn~c
(CORPORATF_ ~n ~~NH.~1 the mortgagor has caused these presents fo
SF_AL) 6e executed in its name, and its corporate seal to 6e hereunto affixed. by its
proper of
Dicers thereunto duly authorized, the day and year f
int above written.
'4 ATTEST----------------------------------------------------•----~ ---L11118EI,--BpYLDBBS,.-IZiG-•---...-•-------.._....-----......_._.
Sig ed, sealed and de erect in the presence of
By---- --~.__.~a..~ -._...~~_.~._1
President
-
ftlED sett: f:l:CUR~rtu
5RG ERPOtTRASA
t tX.ERK CtRCUiT COl'RT
Ot FLOSID ~i-::•~g ~~z~::-r - -
~ottil of - x'7'7532
[ HEREBY CERTIFY t on elw day. lxfan!rse. an of/lor. duly m,e/~ortud in tl~s Stores and C«+nty o(onwd to lobe odmowledy-
meMs, personally appeared D/ _~1,~ -
u~rll known eo me fo be tl~e Pnsidene a~ nspectioely of dK aerpwolion nanrd as
1 morteago? in lice ~oregoing irulrumenl. and Ikat Il~ry severally acknou+lederd a:ecuting lire some. in Ibs senor
pre o/ Isna subsvidinp svienessrs.
Irrrly and srolunlarily under outl~ority duly vested to t6ern by said rneporalion and dwe ?I~e .rot al(tced lkerslo es tl~s hue owparots seat of
said cwporolion.
W!/'NESS my bond and of/tool sect in tiu County and State Iasi a(oeesoid dais a ~ day o/ Febtuary -
E A. n. e9 80.
-
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This Iiuin~mc»r prepared by: ~ ~ - -
Ae~>~ • e1~32~ PaGE~.384