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HomeMy WebLinkAbout0053 • - and shall perform, comply with and abide 6y each and every the ag?eemertts, stipulations, conditions and covenants thereof, seta of this morlgape, Ihen this mortgage and the estote hereby created, shall cease, de- termine and be null and void. - 711Nt1 the mortgagor {tert+by jtulher couennnls and agrees fo pay promptly when due the principal and interest and other sums of money proutded for in sold note and this mortgage, a either; to pay all and singular the taxes, assessments, levies, ltabilitips, obligations, and encumbrances of every nature on said pro- perly: fo permit. commit or stet ter no waste. tmpai?ment or deterioration of snid land or the tmprouements fhetecn a1 any time; to keep the buildings now or hereafter on snid land fully Insured in a sum of not Less than highest insurable value. ' in a company or companies acceptable to the mortgagee, the policy or poltcies to 6e held 6y, and payable to, said mortgagee, and fn the event any sum of money becomes payable by vtrfue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceounfing to the mortgagor for any surphrs: to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the jailtue of the mortgagor to promptly and jolly comply with the agrepmertts, stipulations, rnnditions 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 morfgnge or either. /n the event the mortgagor jails to pay when ' due any tax, assessment, instmnce premium or ofhe~ sum of money payable 6y virtue of said Hole and this mortgage, or either, the mortgagee may pay the same, without waiving or of fecfing the option to foreclose or any other right herptrnder, and all such payments shall bear interest from date thereof of the highest lnw- (ul rate then allowed by the laws of the State of Florida. ~l arty stim of mo?tPy herein re(errc!d to be not promptly paid within thirty days next after the same becomes dup. or i f each and every the agreements, stipulations. conditions and covenant: of said note and this mortgage, or either, are not fully performed, complied with aria abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in snid note or herein to the confrory nofwilhslandirtg. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constifufp a waiver of any rights or options under said note or this mortgage accrued or fhereaftpr accruing. - ~n ~itntSS ~hM'eof, the said mortgagor has hereunto signed and sealed these presents the day and year first above tvrilfen. - Signed, spate and dplivpred 'n !hp presence pf: . r I C - L-- - 1VE~--D: Ht18 ~v . . .L~>Q ,~t;,t ..~1-rte-- ~!c? - - ~ - - o w ~ _ -II LY I D. THOMAS STATE OF FLORIDA COUITY OF St. J~,LICle I -HEREBY CERTIFY that on this day, before me. an officer duly authorized in the State aforesaid and in the Count)• aforesaid to take acknowledgmenu, personally appeared Frederick F. Huber and Madeline D. Huber, his wife I to me known to be the person Sdescribed in and who executed the foregoing instrument and who acknowled4ed txforr me that theyrxecuted the same. NI'1'tiESS my hand and official seal in the County and State last aforesaid this 17th day of March - ' A. D. t9 8 ~ • ,w,//~f~ - - ~ ---NOTARY 'U1~L2~ ' r c~ • b -~fl:.:u, ~ %is 1„slnnn~ar prrpnncl Gy: 8~~~ P1Gf ArlJieu