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HomeMy WebLinkAbout0575 a?uI shall perform, comply with and abide 6y each and every the agrwmsnt. sttpulattoni. conditions and cotwnant thereof, and of this mo?tgape, then this mortgage and the state herby chafed.:haU cease, de- fsrtntne and be null and void. r Z{!IR the mortgagor Newby further eovenanls and agrees to pay promptly when dw the prlrtctpal and interest and other sums of money provided jar in said note and this mortgage. or either; to pay aII and singular the taxes. auesaments, Ievtea, liabililtea, ob&gntioru, and encumbroncw of every nature on sold pro- perty; to permit. commit or suffer no waste. impairment or detertotatton of sold land or the improvements lherecn at any time; to peep the buildings now or hereajte+r on said land jolly tnsw+ed to a sum of not less than N/A - tn ncompany or companies acceptable to the mortgages, the policy or policies to 6e held 6y, and payable to, acid mortgagee. and in the event any sum of money become. payable 6y virtw of such insurance the mortgages ahaU have the right to receive and apply the same to the indebtedness hereby secured. aeeounttng . to the mortgagor jar any surplus; to pry aU cost, charges, and expsnaes, including lauryer i fees and title . saarrhes, reasonably incun+ed or paid 6y the mortgagee because of the jailw+e of the mortgagor to promptly and jolly comply with the agreements, stipulnltons. eortdttloru and covenant of sold note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreement. stipulnltons, rnndlflona and rnvenants set forth to said note and this mortgage or either. In the event tits mortgagor jails to pay when due any tax, assessment, insurance premium or other stun o/ money payable by vlrtw of saki note and tht mortgage, or either. the mortgagee may pay the same, without wnfving or ajjecting the option to jorecbse or any outer right hereunder, and aU such payments shall bear interest from dote thereof at the htghe,t law- juI rate then allowed by the lawn of the State of Florida. ~i any sum of money /terein re(enred !o Ire not promptly paid within 30 days next after ' the same becomes due, or ij each and every the agreements, stlpulatlons, condition: and covenant of said raid and !his mortgage, or either, are not jolly perjonrted, complied with and abided by, then the entire sum mentioned In said note. and this mortgage, a fh• enttrie balance unpaid !hereon. shall forthwith or thereafter. at the option oj- the mortgagee, become and 6e dw and payable. anything in said note or~heretn to the conirnry notwithstanding. Failure 6y the mortgagee to exercise any of the right or options he?etn provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or tlter+eaf ter accruing. ~n ~h~tof, the said mortgagor has hereunto signed and sealed these present the day and year first alwve wriNen. SignecT? sealed and delivered in the presence oj: tress ' ' OL tress STATE OF FLORIDA. COUNTY OF !P/?,TCO t HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowktdgments, personally appeared CAROL gi~{I,ER to me known to be the person described in and who executed the forcgoinR instrument and .shfE acknowkdsed " hrforr me that executed the same. WITNESS my hand and official seal in the County and Stair last aforesaid this ~ day of /~Q~ A. D. 19 80 ~ ~ 1~ its r. 25 AK I3 Notary Public„ State of ftotida at Large : ~ " - ;kEp F .i; k .o My Commission Expires Mat. 2I, 13i3 t - " : r-:. ~ ST.lUC1E tti~ Y.i ~1. Ny Cocsmission Expires: ' ;'~~k"~=~~~'''~~ R0t3Eft POI~RA~ : ~L:.. EIfRK CIRCUIT C R ~~_~sz < "!/ifs liutrunrcn~ prrpa~rd by: n~arr~ ~p 575 ~