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HomeMy WebLinkAbout0402 and shall perform, comply wiflt and abide by such and every the agreements, sllpulation's, conditions and COI~Pfla/ItS tlterPOJ. a?Id a) tI11S m0/tgaflP, Ihen fills mortgage and the estate hereby crnatecl, shall cease. de- fermirlP alld LP ?lllll a?Id 1'OI(l. end t?te mortgagor Item'by Jurllter covenants and agrees !o pay promptly when due the Principal and inlernsl and of11Pr sums of money provided Jor in said Hole and •fhia mortgage, or either; fo pay all and singular IItP fares, assessmP?Ils, levies, lial?ililies, obligations, and encumbrances of every naltu~e on said pro- perty: fa permit, commit or silt ter no u~aslP, impairmertf or deterioration of said land or file improuemenls lherncn of any time: fo keep the buildings ?tow or hPrnaf IPr on said land fully insured in a sum of not less than nil. - in acompany or rompanies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the Pvenf any sum of money becomes payable 6y virtue of such Insurance the mortgagee shall IeavP the right to rPC•eivP and apply the same to the indebtedness hereby secured, accounting to the mortgagor (or any sllrpll?s: to pay all costs, charges, and expenses, igcludirtg tau/yer's fees and title searches, rnasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fl/lly comply u~ilh the agreemerlls, stipulations, conditions 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 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 o? other sum of money payable 6y virtue of said note and this mortgage, or Pifher, the martgagee may pay the same, without u?niving or affecting the option to foreclose I or any other right hereunder, and all such payments shall bear- interest from date lhereoJ of the highest law- f ul rate then allowed 6y the laws of the Staff of Florida. any sum of money herein referred to he not promptly paid within thirty days next after the same becomes due, or i f each and every fhP agreements, stipulations. conditions pad covenants of said note and this mortga~tP, or Pilher, are not fully perfor?ned, complied with and abided 6y, then the entire sum mentioned irl said slate, and this morlgagP, or the entire balance Unpaid thereon, shall forthwith or thereafter, at IIIP opfian of file morfgagPP. become and be due and payable, anything fn said note or herein fo fhP contrary naltollhsfanding. /'ailure by IhP morfgagPP to exercise any of the rights or options herein ~ provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or - fhernaflPr accr?ling. ~n witness thereof, tI1P saicl morlgayur lies hernllnta signed and sealed these presents ihP day aflrl year first ab01'P 11'ritiP?1. Signerl, sealPCl and delivered in fhP presence of : J ~ ~ - ~ fi't`-~ f . iartin L. Paley - _ _ ~ l" Margery Pale j _ _ - _ _ - _ ~ - . - ~k i ~f S"FATE OF OflIO I , I COi'\TY OF G L? H V ~ 1 I HEREBY CER"fIFY that on this day, before me, an - officer duly authorised in the Statr aforesaid -and in the County aforesaid to take acknowltd¢ments, personally appeared MARTIN L. PALSY and MARGERY PALSY, his wife ~ - t to m~• known to he th~• parson g clesnibed in and who executed the forc¢omq Instrument and W O acknowled~{e i ~ ! Ilcfore mr that they executed the same. r b'IT\ESS my- hand and official seal in the County- and Slate last aforesaid this S ~ day of ' ~ ,Rotary Public DONALD . HP.RVEY Nottry i'si;lie_ Fur Crt;;*s~a •:ounty - ripp~~ MY Cowmsaon tzi~t~< Cc;. 19, 180 ~ g C7.7~z t%IIED ?NC FEcfi1~000 • SLWC~ ~ U11TY.fli?- f~ ~ ~~°,~oA,j~t My Commission Expires: FEcvltE~t• ~ ' 7%i• l~ts~r?unrnt pr<%rarr•r/ hy: :Ir/r/rr'a 111; ~UOK327 Pl1GE 401 -