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HomeMy WebLinkAbout0304 • .aia=. and shall perform, comply with and abide 6y each and etrery the ngreementti', stipulation's, conditions and canenanls thereof, and of This mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and twirl. ~Ild the mortgagor pert+by fuHher rnvennnls and agrees to pay promptly when due the principal.and . interest and other sums of money provided jor in said note and this mortgage, or either; to pay all earl singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty: to permit, commit or suffer rto waste, impairment or deterioration o/ said land or the improvements fherecrt at any time; fo keep the buildings now or hereafter on said land fully insured in a sum of not less than Nil , in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable fo, said mortgagee, and in the event any sum of money becomes payable 6y virtue of suck insurance the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees earl title searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly . and jolly comply with the agreements, stipulations; conditions and covenants of said note and this mortgage, or eif?ter: to perform, comply with and abide by each and every the agreements, stipulations, conditions and couena?ifs set forth in said note and Ibis mortgage or either. In the event the mortgagor f ails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y uirfue aj said note and this mortgage, or either, the mortgagee may pay the some, without waiving or affecting the option to foreclose or any outer right hereunder, and all such payments shall bear interest from date thereof at the highest law- (ul role then allowed 6y the lours of the State of Florida. ~l any sum of money herein referred to be not promptly. paid within thirty day: next after the same becomes due, or if each and every the agreements, stipulations, conditions and cotrennnts of said 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 6e due and payable, anything in said note or herein to the contrary notwithstanding. /'allure by the mortgagee fo exercise any of the rights or options herein proufdeil shell not cortslittrte a u~aivPr of any rights or options under said note o? this mortgage accrued or fhereajfer accruing. ~n ~~ul¢SS ~~CtOf, the said mortgagor has hereunto signed and sealed these presents the day and year first shone ivriflen. S/geed, sealed and dPI11~Pred in the prese?tre of ~~f - ~~//~~~p~~ ~ BU OWS _ - W. B OWS i _ ~ . _ _ . _ _ - _ STATE OF FLORIDA, CO[;~TY c~F MARTIN I HEREBY CERTIFY that on this day, before me, .n ~ offircr dul} authori~ecf in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared 1 TOMMY BURROWS and JEAN W. BURROWS, his wife to tn~• known to Ix• the p•rsonS described in and who executed the foregoing instrument and who acknowledged ~ fx•forr me that they executed the same. j ~~'I7~XESS my hand and official seal in the County and State last aforesaid this day of • :1. D. 19$Q ~ •.o sL~~is~i - a Public - of ry " ~ ~ 1980 APB 24 ~ 1 ~ 22 "i ~ - 2t ' ~ FtLEO sNt! Fi: COr:1i U ~ ~(~YU`rY Q - / r /Cfh~ ~ . _ t" G ~ SLLUCIECOONiiLFIA. ~ ~ ROGER POITRAS C~C.t.C.O ~ u~? • ~ t.~ F'(C( , ~ . CLERK CIRCUtT~CGU Tp ~ i , My Commission Expires: # %us f'/!J//1I//Jf/1/ Plff7QR'[! I?y: rgtnlrr trultlC`StAtE of Ftt~lup~? Al wtt~ 1 %lilit'cr MY OOAMAISStafi (7l?IRFS SDT . 20 t980 ~ i ~ t~ta~ rtfeu t~ttK tt~s .11POfRVVRIlf35 ~ PASS 1~ E . s-