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HomeMy WebLinkAbout1935 _ ~ - - _ - _ i _ , and shall er orm, com d abi e~6 hand et+ery the agreements, st(pulationi, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- lermine and 6e null and void. end the mortgagor herf+by f urlher rnt+e•tanfs and agrees fo pay promptly whtin due the principal and interest artd other sums of mo•!ey provided for to said note and lhts mortgage, or either; to pay a!! and singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every Walrus on sold pro- perly; to permit, commit or sttf jer no u+nsle, impairment or deleriorotion of said land or the Improvements Iherecrt at arty time: to lreep•Ihe buildings nou, or hereafter on said land ju1ly instrrec! in a sum of not leas than in n company or compan(es acceptable fo flee mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such instuanee the mortgagee sl+all )rave the right to receive and apply the same to the indebtedness hereby secured, accounting fo the mortgagor for any sttrpltts: fo pay a!! costs, charges, and expenses, including lawyers Jess and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditioru and cvvenants of sa(d note and this mortgage. or eillter: to perform, comply u?illt and abide 6y each and every the agreements, stipulations, conditions and cot+ena?tts set forth in said note and this mortgage or either. /n the event the mortgagor foils to pay when due any tax, assessmertf, insurance premium or other sum of money payable by virtue of sa(d note and this mortgage, or either, the mortgagee may pay the same, without waiving or of fecfing the option fo foreclose or.any ol{ter right heret?nder, and al( such payments shall bear interest from date thereof at the highest !aw- (ul mte then alloufefl by the Toffs of the State of Florida. arty sum of money /terein referred fo be not promptly pafd within thirty days next after the same becomes due, or if each and every the agreemwtfs, stipulations, conditions and cot+enants of said note and th(s mortgage, or either. are not jolly performed. complied with and abided by, then the entire sum mentioned (n said note. and this mortgage, or the enfirt? balance unpaid thereon, shall forthwith or Ihereajter, at the option of the mortgagee, become and 6e dot: and payable, anything in said note or herein fo the contrary nofuafhsfanding. Failure by t{te mortgagee to exercise any of the rights or options herein prof+idefl shall not constitute a wait+er of any rights or options under said note or this mortgage accrued or thernaJter accruing. ~n ~itneSS thereof, flee said mortgagor has hereunto signed and sealed These presents the flay and year Jirsf aboro tvritfen. S(gned, sea d and delit~ert~~n Ih presf~ncp oJ: /I - ' i - - t- . - - - ERN ~j~. LORD LILLIAN S. LORD - • S'I:aTE OF I IfEREBY CERTIFY that on this day, before me, an o((ice•r duh• authorircd in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared i ERNEST C. LORD and LILLIAN S. LORD, his wife to ?n+• known to Fx• thr p•rson $ described in and who executed the foregoin¢ instrument and they acknowledged (x•forr• mf• that they executed the same. ~~'ll XF.SS my hand and official seal in the County and State last aforesaid this day of March n. (980 Aso APr, -2 ~ e~ . ~ ,,,~:~,sC+ t,r~l8 3 $T.lt1Cl£ CCU!tTY.fl l?. _ ~ ROGER fiplTRaS ` ; ti.EP.it cptcuit co;;~ r ~ . _ . ~ James -C.. Caxels . - . . 1 %rr l~ulmia~n~ prrpnr~f! hy: , ? ` AflJn_cr 1 ~~328 p~~.~34