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HomeMy WebLinkAbout1933 and shall perform, comply wilh and abide 6y each and every the agreements, stipulations, conditions and covenants thereof, acid of this mortgage, than this mortgnge and the estate hereby created, shall cease, d~- termine and be null acid twirl. the mortgagor herc?by further covenants and agrees to pay promptly when due the pNncipnl and inlernsl and other sums of money provided for to said note and thta mortgage, or either; to pny aII and singular the lases, assessments, levies, liabilities, obligaliona, and encumbronces of every nature on said pro- perty: to permit, commit or sttjjer no waste, impairment! or deterioration of said land or the improvemenft Ihe?rcn al any limp: fo beep the buildings now or hereafter on said land f uQy insured in a sum of not less than _ nil. in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable fo, said mortgagee, and in the event any sum of money becomes payable 6y uirltte of auch insurance the mortgagee shall hate the right fo rnceive and apply the same to the-indebtedness hereby secured, accounting to the mortgagor Jor any surplus; to pay all costs, cha?ges, and expenses, including lawyer's jeea and title searches, reasonably inctcrred or paid 6y the mortgagee because of the jailtu•e of the mortgagor to promptly and jolly comply urilh the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perjornt, comply with and abide 6y ench and every the agreements, stipuinttons, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor /ails to pay when due any tar, assessment, insurance. premium or outer sum of money payable 6y virtue of said note and this mortgage, or eiflier, the mortgagee may pay the same, without waiving or affecting the option fo foreclose or any outer right hereunder, and all such payments shall bear interest from date thereof at the highest Iaw- (ul M1PLthen allotuecl by flip latt~S Oj the State Oi FlOllda. ~L any sum of money lterelrl re(errPd fo. he not promptly paid within thirty day: next after the same becomes dice, or ij each and every the agreements. stipulations. conditions and covenants of said note and this morfgacle, or either, are not jolly performed, complied with and abided 6y, then the entire sum mentioned inn said note, and this morlgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at IhP option o/ the mortgagee. become and 6e due and payable. anything in said note or herein to the contrary noturtthstartding. Failurn by the mortgagee !o exercise any of the rights or options herein provided shall not cortstiltcfe a uraiver of an3 rights or options under said note or this mortgage accrued or thereafter accruing. ~tl ~lttleSS thereof, flee said mortgagor has hereunto signed and sealed these presents the clay artcl year first abote written. In the event the property above described is sold, the obligation secured herein shall become due and payable in full at the option of Signed. sealed mid deliternd in the presence of : the mortgagee. t ~.~t..c.. Robert J. Smith r.- ! STATE OF FLORIDA, / ~~j~ • COt"~TY (?F ! I HEREBY CERT[FY that on this day, before me, an ` officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ROBERT J. SMITH i to mr• known to be the p~rson described in and who executed the foregoing instrument and they acknowledged ~ lieforr• me that whp executed the same. ~~'I"1 \ESS my hand and official seal in the County and State last aforesaid this 4th day of April D. l9 g0 Notary Public ~~.5 = j - ~ 483504 ~ ~ 1980 APR 18 A8 11= 58 ~ o ~ D ~ fli.EO zt+e ~ECawi``o ~`i -C ~ ST~~O~G Pao TRtiSA. . ~ .•'~~y • et.~1t Ultpllt ctwte~ '•r,,~ ~ 'i'~rry ~ RCCQPI! wAlF''i1_, Ny Cot>mission Expires: 1%ic li,anurnrl pr~pctrr-J hy: is%/rr_tc Notary FsSSc. State of F1:rir!a at I~r~t? tri/ CaTrtr:;ss+cn Expires Sr~t. 9. 1981 Ii1[~~ P4GE~t7J~