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HomeMy WebLinkAbout1034 • - and shall perform, comply with and abide 6y each and every tits agreements, stipulationi, conditions and covenants Ihereoj, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and void. the mortgagor hereby further couenanla and agrees fo pay promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, IRViPS, liabllitiea, o6ltgationa, and encumbronces o/ every nature on sold pro- perty: fo perMif. commit or strf jer no waste, impairment or deterioration of sold land or the improvements lherecn at any time: fo beep the buildings now or hereafter on said land fully insured In a sum of not lee than Highest insurable value. in n company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money- 6ernmes payable 6y virtue of such insurance the mortgagee shop have the right to receive rend apply the same to the indebtedneu hereby secured, aeeounttng to the mortgagor for any surplus: to pay all rnsts, charges, and expenses, Including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the falltrre of the-mortgagor fo promptly and fully comply u~ifh the ngreemertfs, stipulations, conditions and covenants of said note and thta mortgage. or either; to perform, comply with and abide by each rend every the agreements, stipulations, eonditioru and covenants set forth in said note rend this mortgage or either: /n the event the mortgagor jails to pay when due any tax, assessment. insurance premium or other atrm of money payable 6y virtue of sold note-and this mortgage, or Rifher, the mortgagee may pay the same, without waiving or of fect(ng the option to foreclose or any other right hereunder, sail all such payments shall bear Interest from date thereof at the highest lnw- ful rate then allowed by the Laws of the State of Florida. ~l nay sum of money herein referred fo be not promptly paid within 30 Jaya next of ter the same becomes due, or ij each and every the agreements, stipulations, conditions and couenanb of sold note and this mortgage, or either, are not fully performed, complied with and 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 be dire and payable, anything in said note or herein to the confmry nofwit/tsfanding. Failure by the mortgagee to exercise any of the rights or options herein prof+ided shall not constitute a waiver of any rights or optio nder said Hole or this mortgage accrued or thereafter accruing. ~n ~~uleSS ~h~eof, the said morfggg as a unto signed and sealed these presents the day and year first above tvriften. , i Signed, s algid artd deli ~ered in the preSPllCe ~f: 1 _ AAI~S ET - STATE OF FLORIDA, i ('(~l;\iTY c~F Dade ~ - I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid -to take acknowledgments, personally appeared HAMS PETER HEFTI to me known to be the person described in and who executed the (oregoin-q instrument and he acknowkdRed Ire(ore me that he executed the same. ~y , " I `:y~. ~~I7:1iESS my hand and official seal in the County an State last afore ~id t ~?~iy of March A. D. 19 g0 t• .N,_ ;1*~-: _ - _ s. = ~ t `r• ~ - _ NUTARY PUBLIC, STATE ~ 190 aPR ! 4 ~ il= 08 „ol,ut Ptlq.fC STAIE at FWRIDA Al iAt~ taLEl) ~d0 fEL'GRL'!u MY CO~AMISSIOW tsJ~IRB AIJG. S 19tp ST.lUC1E t:OUNTY.FIA- ~ 1alW? ~LMK. tN~Of><wUiFJ<S ; j ROGEit f OITRAS - I 6t.ERK CIRCUIT~~~j . ~t8~ I7iu Lwni„u»~ prrparrd by: JUAN RAMIIiEZ,JR. ,ESQ. ' Adilm~ 836 PaRlce ~ i~l Blvd. ,Suite 300 Coral Gables, Florida 33134 I;>R $!>n~ 329 ~l~~F 1 tl.`;d