HomeMy WebLinkAbout0062 and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants thereof, ared o) this mortgage, then this mortgage and the estate hereby created, shall cease. de-
fermine and be ?udl and twirl.
~nd the mortgagor IlPreby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor trt said note and this mortgage, or either; to pry all and
singular the -fares, assessments, levies, liabilities, obligations, and encumb?+ancea of every nature on said pro-
perty: to permit, commit or strjjer no waste, intpairmen! or deterioration of said land or the improvements '
IherPCrl of any lime: to keep the buildings rota or herea/ter on said land jolly insured in a sum of not less
than N/A
in a company or companies acceptable fo the mortgagee, the policy or policies fo 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by uirlue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, acrnunting
to the mortgagor jor any surplus; to pay all costs, charges, and expenses, including lawyers jeer and title
sea?ches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly
anti fully comply with the agreeme?Ifs, stipulations, conditions and covenants of said note and this mortgage,
or either: to pPrjorm, comply urith and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other sum of money payable 6y uirlue of said note and this
mortgage, or either, the mortgagee may pay. the same, without waiving or affecting the option to foreclose ~
or any other right herr•trnder, and all such payments shall bear interest from date thereof at the highest Iau•-
jul rate t11Pn allalhP(l by tIIP IaarS Oj the State of Florida. ~
I
~f any sum of morlPy herein referred to 6e not promptly paid within 30 days next alter
1
1IIP same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire 6nlance 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 6y the mortgagee to exercise any of the rights or options herein
provided shall rlof consfittrte a waiver of any rights or options under said note or this mortgage accrued or
thereafter accnrinry.
e
~It ~lttttSS thereof, the said mo?fgttgor has heret/nto signed and sealed these presents the
2
day and year first abot~P Ioriften. - -
Signed, SPaIP(I and delivered in the presencr of
~A ~ -
~trifne 88~` "11000 ERT -W:_WATT"S- - .
t`--~~ ss - - ~
I
i
f STATE OF FLORIDA,
I i COL; lTY !)F P35C0
- I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowled~menu, personally appeared
~ ROBERT W. WATTS
to me known to be the perwn described in and who executed the foregoing instrument and he acknowledged
~ Ixtore me that he executed the same.
~ 27th da of
~~'IT\ESS my hand and official sea! 'in thr County and State last aforesaid this y
- , ,s,+....... .
FebTUa2y A. D. 19 80 . i . f•'
. ~
~OfiARY ~-PUBLIC
~ ~R ~O 57 1•n COMMISSION E.YPIRES: -'l~,i/ ? ~ .
,y,Ep pKC~,R~t"l1COs'[n ~ ~
C1 .
3iR~
t~1C~
POITRASA~ ~ : , .r, f. Y~ J,
i r..,r••~'
'~~'t~tl~lfo
Q'7~3'746
i
'l'!iu Irt~lnirnr-n/ prf~~rrra !ry:
:1llJ.~ss r;l;~ PdGE 62
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