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HomeMy WebLinkAbout0878 and shall perform, comply wIlh and abide by each and every the agreements. atfpulntloni, conditions and covenants Ihereoj, and of Iltis mortgage, then this mortgage and the estate hereby created, shall cease, de- termine]~a~nd~ 6e null and twirl. ~11L1~ the mortgagor hereby further eovenanla and agrees to pay promptly when due the principal and inferes! and other sums of money provided jor in said note and thfs mortgage, or either; fo pay all and singular the tares, assessments, levies, liabtlitiea, obligations, and encumbrances of every nnftu+e on said pro- perty: to permit. rnmmit or suffer no waste, Impairment or deterioration of said land or the tmprovemenis Iherrcn at any lime; fo keep the buildings now or hereafter on said land fully insured to a sum of not feu than highest insurable value in n company or companies acceptable to the mortgagee, the policy or poltciea to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall hnre the right to receive and apply the name to the indebtedness hereby sectued, aceountit•tg to the mortgagor jor any sttrpltts: to pay all costa, chntges, and expenses, including lawyer's Jess and title searches. reasonably incurred or paid by the mortgagee 6erntue of the failure of the mortgagor fo promptly and fully comply urifh the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, rnmply with and abide 6y each and every the agreements, sfipulnttons, condittoru and covenants set forth In said Hole and this mortgage or either. In the event the mortgagor jails to pay when due any fax, assessment, insurance premium or other sum of money payable by virtue of snid 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 at the highest law- ful rnte Ihen allowed by the lours of the State of Florida. any sum of money herein referred fo be not promptly paid within 30 dnya next after the same becomes dtte. or ij each and every the agreements. stipulations.. conditions and couenanb of snid Hole and this mortgage. or either, are not jolly performed, complied with and abided by, 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 said note or herein to the confrnry nofurithsfanding. Failure by the mortgagee to -exercise any of the rights or options herein provided shall not constihtte n u~niver of any rights or options wider said Hole or this mortgage accrued or fhereafler accntin~. ~n ~itntSS ~ s the soul mortgagor has hereunto signed and sealed these presents the day and year first shore u~ ter 'gne sealed and delire ~ in the presence of - - SONYA Hf~ (D ~ i i STATE OF FLORIDA, Col.'\TY OF FLORIDA I HEREBY CERTIFY -that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared SOAiYA HAGOOD to me known to be the person described in and who executed the foregoing instrument and Who xknowledged Ixforc me that She executed the same. NIT`ESS my hand,aad official seal in the County and State last aforesaid this 7ttl,,..:.:.:~;; _ ` day of April A. D. 19 80. •~.1ti -,~i - Notary Pa~:li~ ~c~te'oP ~FjCr?~:s'3; Q,~?ga..-- t 19fi0 APR I I PN ~ 39 My Comm :ts on 6tpn~ 23~;-~,48~ , ~ • w 3 f LEp RMl' *E~4Ri1t0 ~~'f' `i . ` S~ L I t:C~~!`1 Y.FIA. ` r,, }~1 ~ ` • ~ ~ ~E! K RGY Cls?TRASj ' ?s~„<< ~ . i YERtFtE~ ~ ~ I Vwv~ - _ ~N'-l_S; . ~ _ ,.WHIG!' • {y Tlru htslrrm~nfl prrprrrrJ by: r ~ . : ; L r o T t' ;IJJrr_v ~ ~ ttR~(] PAGE 878 8o0K ~~w