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HomeMy WebLinkAbout1519 ( • , and shall perform, comply with and abide 6y each and every the agreements. sttpulafioris, conditions and cotenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall ceose, de- termine and be null and twirl. fhp mortgagor hereby f u?ther covenants and agrees to pay promptly when due the principal and interest and other sums of money provided for to said note and this mortgage. or either: to pay all and singular the tares, assessments, levies, liabilities, obligtittdna, and encumbrances of every nature on said pro- perty: fo petYttil, commit or suffer no toasts, impairment or deferioratton of said land or the improvements thereon at arty lime: fo beep the bttildinga now ar hereafter on said land fully insured in a sum of not less thcri ;3 i 2. • in a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable to, said mortgagee, and to the event any stun of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured. accounting to the mortgagor for any stsrpltts; to pay all costa, charges, and expenses. incltultng lawyer's Jess and title searches, reasonably irtctlrred or paid 6y the mortgagee 6ecatue of the jailors of the mortgagor to promptly and fully comply wish the agreemerris, stipulations, conditions and covenants o/ said note and this mortgage. or either; to per/orm, 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 jails to pay when .dos any lax, assessment, insurance premitun 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 shcell bear interest from date thereof at the highest !aw- ful -rate then allowed by the laws of the State of Florida. ~l any sum of mo?tey herpitt ref erred fo be not promptly paid within thirty days next after the same becomes dug, or if each and erery the agreements. stipulations, conditions and covenants of said note and Ibis mortgage, or either, are not fully performed, complied with and _ abided 6y, then tl(e entire sum mentioned i?r said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option o~ the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notetlfhstanding. Failure by the mortgagee to exercise any of the rights or options hereein provided shall not constitutes a waiter of any rights or options under said Hole or this mortgage accrued or fhereaffer accruing. I ' ~n ~t~eSS ~~lfCe~f, the said mortgagor has hereunto signed and sealed these presents the day and year /first above written. Signed s d and deli ~ered th oj: * ~ John E. Morris f mow' - • - STATE OF FLORIDA, i ~ C(~C\TY OF Palm Beach I HEREBY CERTIFY that on this day, beforr me, an `f oflirer clul}• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JOHN E. MORRIS to me known to be thr person described in and who executed the foregoing instrument and Who acknowledged before roc that h e executed the same. ~S'I~'`1-ES-S`m}• hand and official seal in the County and State last aforesaid this ~ ~ ~ day of /t~~~ A. D. 19 • - f _ NOTARY PUBL-I~,s'. ~~~~:'?y-!` ` ztY: !~s ~ > ~ _ _ i~__,% - Ftt.EG •Nt: rE;.ut:ci t: MY COMMISSION E%P I RE ~N~ ~ S1.UlCiE CGUNtY.tLA. ...~'''t ROGER Pt)1TRA5 1; I 6:~RIt C1RC'A'f CG~ : - - , p WOTARY VU3L1' Sttr, 'ri =1~~ ~ ~~t.~ tfP.IFt.D-_- I• - MY CGIMMIS'.tU't c e~S :.~i S [4ti1 60NC':: ~n R- s 4C~ L3'71: r %7rri ~llJl/Irrllfiil prrpnnil Gy: r1 rlrlri:u ~ ea'~3~8 P,~Fi5i9