HomeMy WebLinkAbout2308 and shall perform, comply with and abide by each and every the agreements, attpulattoni, conditions and
covenants thereof. and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- '
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!ermine and be null aAd void.
Ifnd the mo?tgagor hereby further covenants and agrees to pay promptly when due the principal and
i?tlerest and other sums of money provided for to said note and this mortgage, or either; to pay all and
singular the tares, assessments, Icuies, liabilities, obligations, and encumbrances of every naltue on said pro•
perly; to permit, commit or sttf
ter rto u~nste. impairment qr deterioration of said land or the improvements
1hPrern at any time: f•? IrPep the buildings now or hereafter on said land fully insured in a sum of not less
than N/A
in a comtwny or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to rPCeiue and apply the same to the indeb[edness hereby secured. accounting
to the mortgagor for any surplus; !o pay all costs, charges, and expenses, Including lawyers fees and fide =
searches, reasonably incurred or paid by the mortgagee becatue of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said Hole and this mortgage,
or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and
covPrtartts. set forth in said note and !Iris mortgage or either. In the event the mortgagor fails to pay when
dire arty 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 snore, without waiving or of
Jetting the option to foreclose
or any other right herPttnder, and all Stich payments shall bear interest from date thereof at the highest,(pw-
(ul rate]`Ihen allowed by t?te faros of the State of Florida.
7l arty sttm of money herein ref
erred l0 6e not pwrnptly paid wit?tin 30 days next of ter
1hP same becomes due, or tf each and every the agreements, stipulations, conditions and covenants of said
note and !ltis mortgage, or either,- are not fully performed, complied with and abided 6y, then the. entire
sum mentioned in said note, and ibis mortgage, or the entire balance unpaid thereon, snail forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary nottndhstantling. Failure 6y the mortgagee [o exercise any of the rights or options herein
providPll shall not cortstilute a waiver of any rights or options under said nose or this mortgage accrued or
therea f IPr accruing.
~n ~itn¢SS thereof, the said mortgagor has hereunto signed and sealed fltese presents the
day and year first abOPe IPrlttPn.
Signed, Sealed Q/ ~ dPl• red ~ SPnI'P Of :
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STATE OF F~lyll49~t, ifiARyLAND
COL \TY OF ~C t/ /n o~ t: ~
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the. State aforesaid and in the County aforesaid to take ackrrowledgments, personally appeared ,
JOHti J. FO:.EY and ANNE L. FOLEY, his wife,
to mr known to be the person8 described in and who executed the foregoing instrument and they acktwwkdRed
lxforr me that they executed the same. ~j
N'17:~ESS my hand and official seal in thr County .and State last aforesaid this - day of
February D. !s 80. ,
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