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HomeMy WebLinkAbout1271 _ - - _ . t1 - - - and shall perform, comply with and abide by each and every tits agreements, slipulafioni, elindittons and rnrenants thetreof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine and be nllll a/ld void. the mortgagor hereby further 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 ,Rhe taxes, assessments, levies, liabilities, obligations, and enctlmbr+ances of every nature on said pro- perty: fo permit, commit or suf jer no waste. impairment or deterioration of said Innd or the improvements thprecn at arty time; to keep the buildings now or hereafter on said land fully insured to a sum of not less than in a company or tvanpanies nccepta6le to the mortgagee, the policy or poltcies fo be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting to the mortgagor for any surplt/s; to pay all costs, charges, and expenses, including lawyer's Jess and title searches. reasonably incll/Yed or paid by the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, rnnditions and covenants of said note and. this mortgage, I or either: to perform, comply with and abide by each and every. the agreements, stipulations, conditions and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor jails fo pay when' due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or either, tl+e 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- ftll rate then- allowed by the laws of the State.oj Florida. ~l -any sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or if each and every the agreements, stipulalions.~ conditions and rnvennnts of said note and this mortgage, or either, are not fully 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 be due and payable, anything in said note or herein to the contrary notu?tthstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said Hole or this mortgage accrued or thereafter accruing: ` Dn ~I~~SS ~~Of, the said mortgagor has hereunto signed and sealed these presents the day and year first abut•e «~ritten. signed, Sealed Qnd dehpered iR t presence of. - - ~ - - - 1 A J. H 1 ) j - . . _ .G. - - - - - j ~ , ' Marilyn M He lR ..~-------------t• ~ - - ot_ - -y - - - . ~ - - _ r C ~ ~s ~ vµeu ' NotaN PubBe, State of New YoTR c!s . w; i,i'`v . ; : - No. 30-9516060 - . r Cam,: QualiTied in Nassau County' 30 - ` : - ' arch ••....••~'x.• ~ Commission Expires M I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Count aforesaid to takr acknowledgments, personally appeared to me known to be the person S described in and who executed the foregoing instrument and who acknowkdged Ixforc me that they executed the same. N'I"1-NESS my hand and official seal in the County and State st aforesaid this day o[ March A. D. 19 80. ~ - I , / ~ 4~3(~2 ~O r'Y Publ My Col~ission E~cpires ~ ~,~~3~~~~'c~ 1960 APB 15 A}i I I ~ 3 I tn~r jt~o~~a~"`~,r«tt 1-ILEO sit+a i!t:cur6t o _ a~"~" ~;'~'it`~o 5 ROGER POITRASR CtERtS CIRCUIT C 1 "!'lie I~tdrmm~r~ prpnr?-J hy: ~ AI/rl,rJS B(,~GK cJ1~~J PACE ~ I V • ,