HomeMy WebLinkAbout0610 • s
s
and shalt perform, comply with and abide Ly ench and every the agreements, stipulation's, conditions and
covenants thereof, artd o~ fltis mortgage, then this mortgage and the estate hereby created, shall cease, de- i
!ermine and 6e nut! and void. j
T1[t~IhP mortgagor Iterrby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided jor- in said Hole and this mortgage, or either; fo pay all and
singular the faXPS, assessments, IPUIPS, liabitilies, oblipalions. and encumbrances of every naltu-e on said pro-
perty: fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvement
fttPrrart at arty limp:. to deep the buildings Hour or hereafter un said land fully insturd in a sum of no! leas
than NSA
in a company or c•omparties acceptable fo the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the etrertt any sum of money becomes payable 6y virftre of such insurance the
mortgagee shall have llte right to receitr~ and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any strrpltrs: fo pay all costs, charges, and expenses, including lawyers fees and lifts
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and Ibis mortgage.
or either: to perform, comply uritlt and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. ?n the event the mortgagor fails to pny when
due any tax. assessmertf, insurance premium or other sum of money payable 6y virtue 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 hereunder; and all such payments shall bear interest from date thereof of the highest laur-
)erl rate then allowed by the laws of the Staff of Florida.
~L arty sttm of mortev herein referred !O be not prbmpfly paid within 30 days next niter
the same bPCOntes dtre, or if each and every the agreements, stipulations. conditions and covenants of said
nota~ and this mortgage, or Pinter, are not folly pert
or?ned, complied with and abided 6y, then the entire
sum mentioned in said note, and Ibis mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due artd payable, anything in said note or herein
to the contrary notwithstanding. f=ailure by the mortgagee 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
ftrereafter accruing.
~n ~[tnt~sS ~ht~~f, ftte said mortgagor has hereunto signed and sealed these presents the
day and year first above u~rilten.
Signed, seated and delivered in 1hP preSPflcP of :
the - r 0 ERT ~W: WATT5- .
-----------tom
190 NAR 12 A~ 9. 4 0
f S RGf ER POtTRt.S A i`~ -~2C~31~
E CLERt[ CIRCUi7 COUt~.T j^
~d r_
STATE OF FLORIDA, ~ ~~~106
I (:OC1TY OF PSSCO
~ I IiEREBY CERTIFY that on this day, before me, an
officer duly authorised in the Statr aforesaid and in the County aforesaid to take acknowltdgments, personaiiy appeared
ROBERT W. WATTS
to me known to he the• person described in and who executed the torc¢o~a4 instrument and hv_ ac'xnowfedRed I
txfor~• me that hP executed the same.
~~'1'I \ESS my hand and official seal yin the (:aunty and State last aforesaid this 27t}1 day of
February D. I9 80. '.'1.
`~O~AItY PUBLIC - !a .
- -f
~ ~ ~ ~S :t~ S7 AtY COPL'~tISSION EXPIRES: - ~ t' t
f ~ t? FE~I)!'~'f U
TY.
I ~
~~T~ AS + ' 3 .
4'7f3'7~6
F
7%is Lir~nii»?•nt Fmlutrr-d l?y: 1~((
~ .~lc~i/.r_ts r~lt ~t:~r,32`7 PbGE 6~
~I BGOK ~2~ PaCE
F~-fecord
- _.:Y
- tl _ _ _ - -