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HomeMy WebLinkAbout1692 and shalt prrjorm, comply with and abide by each and every the agreements, stipulations, conditions and covenants ihereo/, and of this ntortgape, then 1ht: mortgage and the estate hereby created, shall cease, de- termine and be null and void. T<i~ fhp mortgagor hen+by further rnvenartfs and ogress to pay promptly when due the principal and interest and other str?ns of money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, lia6flifie:, obligations, and encum6r+ances of every nature on satd pro- perly; to permit, commit or strf jer rto waste, impairment or deterioration of said land or the improvements Iherecrr of arty time; fo beep the buildings notes or hereajtrr on said land fully insured in a sum of not less than N/A in n company or companies acceptable to the mortgagee, the policy or policies [o be held by, and payable fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the moHgagee shall bane the right fo receive and apply the same to the indebtedness hereby secured. accounting to the murtyugor jor any surplus: to pny all costs, charges, and expenses, including lawyer's fees and tIlle searches. reasonably incurred or paid 6y the mortgagee becnee.?e of the failurr of the moHgnQor to prompllr and jolly comply with the agreements, stiptlations, rnndittons and couenanta of said note and this mortgage, or either: to perform, comply. with and abide by each and every the agreements, stipulations, eonditiona and cot~enarrts set forth in said note and this mortgage or either. In the event the mortgagor jails to pny when due any tear. assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eit{ter, the mortgagee may pny the snore, without waiving or of jectfng the option to foreclose or any other rifihf hereunder, and all such payments shall bear interest from date thereof at the highest haw- • lul rate `then allowed by the laws of the State of Florida. arty stem of mo?tey herein referred fo be not promptly paid within 30 days next offer the same becomes due, or iJ each and er+ery the agreements, stipulations, conditions and rnvenants of said note and this mortgafe, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, an_d this mortgage, or the entire 6nhutce unpaid thereon, steal[ forthwith or !hereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrnry nolu~ethslanding. Failtere by the mortgagee to exercise any of the rights or options herein provided shall not consfitrete n u~ainer of any rights or options tender said note or this mortgage accrued or thereafter accneinn. ~n ~itntSS thereof, the said mortgagor has herPrlntO Signed and sealed these presents the day and year first above written. ' Signed, sealed and delivered in the present oj: wit t;~~; ~ . ~b c . e, witness I Fe± o~~oa STATE C)F COL'\TY OF ~ - I NEREBY CERTIFY that on this day, before me, an oiiicer dui~• authorized in the Siatc aforesaid sad in the Grn~nta• aforesaid to take arknowledgmrnu, personally appeared JOSEPH C. CAPPEITA, JR. to me known to fx the person described in and who executed the forrgoin¢ instrument and rt3 acknowledged Ixforr me that he executed the same. 11'17 ~F.SS my hand and official seal in th~• County and Stair last aforesaid this ~ 9 day of ~s/li~Lz/ A. D. 19~~ lll 11~~,, ~ Z ICJ - NOTAR PUBLIC ~ Y ' rrr7 ~ i ~ rat cc~ISSIOH EXPIIi~,$~?:•~ i't ~,n c% I ~i.1.lClt.C(.'''{iy.~ft• :,ry'~-. :c Ct~~~t Rt)oEfi FGlifi~.~ 1?,Y C;.a;n.;.,>~_n L,.r~rs F.tl~, " . CtEkl~ WF:~tYf C.•:a; - ~ , 19$x;, ''~t~~ 4'T~'828 '/lii~ 1„slrrrmr,ri prrparr-J hy: ~1?G/%xe tIP,