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HomeMy WebLinkAbout1104 rual slurll perform, comply a+ifh and abide by each and every the opreemenls, stipulations, conditions artd Cat~Pnanfs Iltertof. and of ibis mortgage, then this mortgage and the estate hereby created, shall cease, de- te?mine a?td be null and void. Iin~ the mortgagor hereby further couertanfs and agrees to pay promptly when due the principal and interns! and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the tares. assessments, levies, lfabililits, obligations, and encumbrances of every nature on said pro- _ petty: fo permit, commit or serf fer• no u~asfe, impairment or deterioration of said tared or the improvements Iherncn al any tlmP; to Iretp the buildings now or hernaf err on said land fully insured in a sum of not less than N/A in a company or r-ompanies acceptable fo the mo?fgagte, the policy or policies to be held by, and payable fo, said mortgagee, a?td in the event any sum of money becomes payable 6y virltre of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor Jor any surplus: fo pay all costs, clrnrges, and expenses, including lawyer's fees and Lille searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly . and f telly comply u+ith the agreements, sfipulatiorts, conditions and covenants of said note and Ibis mortgage. or either: fo perform. comply with 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 (ails to pay u+hen due arty tax, nssessmtnf, insuronce premium or other sum ofmoney payable by virtue o) said note and this mortgage, or tither, the mortgagee may pny 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 at the highest Iaw- (ul rate Ihtn allowed by the lams of the State of Florida. any sum of money heron referred to 6e not promptly paid within 30 days next offer the saint becomes due, or ij each and every the agreements, stipulations. conditions and covenants of snid Holt and this morfyarye, or tither, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said Holt, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereof ter, at fht option of the mortgagee. become and lee due and payable, anything in said note or herein to the contrary nohvifhstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constihrtt a waiver of any rights or options under said note or this mortgage accrued or therna f err accnrfng. ~n ~itnCSS whereof, f/tr said mortg:tyor Itas hereunto signed and sealed these presents the day and year first abor•r u•ritfen. Sign d. sealed and liter •d in lhr p?rsr•nce of : ) j~ _ _ , L - ~ - I _ T N 1 _ _ - - - _ - - 1 OBS ~ - _ i 'i i - - - - - _ _ E ' i - ~ STATE OF FLORIDA, ! ~ c(~r~TV c~F ST: LLCIE - ~ 1 HEREBY CERTIFY that on this day, before me, an i o[firer doh- authozired in the State aforesaid and in the Counh• afon•said to take acknowledgments, personally appeared ~ ROGER L . ~RRINGTON , MICHAEL L . HARRI*:GTO"? and BE'T'H JACORS , his wi f e i to m~• known to bP' th~• p~•rson des: ribed in and who executed the foregoing instrument and they acknowledged 1)efor~• nx• that they executed the same. ~ ~~'1l tiESS my hand and official seal in the County and State last aforesaid this ~ day of ~ ~Q2~ I ' ~ - ~ j _ _ ~ ~ Q Z ~ ~ - Notary Public r r~ i ~n *!/0 1: f 3 A, I ~ , fJ',U /teal I F :hC• rr t:U?Ut C~ MY COr41ISSI0N EXPIRES ST.LI:C!: CLtilii'f.F A. x ROGER POI~A~ ~ ~ I I CLERK CIECUl1 Cam' , yB/ 1 .i-R1~:Ee~--57u M11~CNl.l~f ~ Maary NtMt gf l1Mri ~ e ~ 4''79355 . M,? c~+rltl.aot+ ~tak...~,.>,e, ~sie "l7ri+ 1?~s~rrrrnr~s~ pry parer! /ry: ~ ~ ;1 rlilrt cc ~.i~''~327 p~~E11~3 _ ~F. _ L