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HomeMy WebLinkAbout1807 and shall perform, comply with and abide 6y each and every the agtwtnentr, atfpulations, oortdtttons and rnt?enanb thereof. and of this mortgage. then this mortgage and the estate hereby chafed. shall cease, de- termins and 6e null and void. the mortgogor hereby further eovenanb and agrees eo.pay promptly when dw flee principal and trtterrst and other stuns of money pt+o„tdd for to said note and this mortgage. or Nther: to pay all snd singular the taxes, assessments. levies, Iiabililtes, obUgattons. and encumbrances of every Wotan on said pro- peNy: to permit. commit or suffer tto tootle. itrtpnt?trtenf or detertorotton o/ said land or the improvements thereon at any time: to deep the buildings now a hereafter on told land f ally instwd in a stun of not less than or highest insurable value. to a rnmpany or companies aceeptabb to the mortgagee. the policy or policies to be held by, and payabb to, said mortgagee, and in the event any sum o/ money becomes payable 6y virtue b/ such insurance the mortgagee shall have fire rtght to receive and apply the same to the Indebtedness hereby secured, aeeountirtg fo the mortgagor for any stuplus: to pay all costs. charger. and expenses, including Iatvye't feet and Nile searches. reasonably trtcttrred or paid 6y the mortgagee 6eeauss of the failure o/ the mortgngor to promptly and f ally comply with the agrereementr, stipulations, cwtdtttons and covenanb of sold nob qnd thta mortgoge. or either: to perform, comply with and abide 6y each and every the agreements. stipulations. oondtftonr and covenants set forth in said note and this mortgage or either. In the event fire mortgagor fai4 fo pay when due any tax, assessment, instu+ance premttun or other stun of money pnyable 6y virtue of said note and this mortgage, or "either. the mortgagee may pay the same. without waiving or of fecfing the option b loreclore or any other right hereunder, and all ouch pnymentr thnU bear interest from date thereof at the highetf Iaw- (ul rate then allowed by the laws of the State o/ Florida nny sum of money herein refe?red to 6e not promptly paid within 30 days next offer the same 6ec-omes due, or if each and every the agreements, stipulations, conditions and covenants o/ said nota and Chia mortgage, or either, are not fully pert otmed, complied with .and abided 6y, then the entire :tort mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or thereafter, nt the option of the mortgagee, become and 6e due ,and paynbie, anything in said Hots or herein to the contrary nofwifhsfanding. Failure 6y the mortgagee to exercise any of the rights or opNow herein provided shall not eonsitlufe a waiver of any rights or options under said note or this mortgage accrued or thereof ter accruing. ~n ~itntSS ~I~hertof, the said mortgagor has hereunto signed and sealed these presents the dny and year first above u?rtifen. Signed, sealed and delivered in the presence of : ' IS A. RY " - - - - Z-----•--•---------~---..... - - - - - - • M. THO N i ~iC4'1J~.l+L+ ~ STATE OF IId~cX ~ COUNTY OF I HEREBY CERTIFY that on this day, before me, as officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments, penonaUy appeared DENNIS A. RYAN and CARMEN M. THORNTON to me known to be the person S described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. Q N11i~JESS my hand and. official seal in the County and State last aforesaid this ~ V day of - A. D. 19 80 ~ a"-ry~u~iic l9~Q tai -2 ti= 28 MY COMMISSION F!0'IRES Ft ~ AfiIO tEitlf{L'! U ST.~UCIEC0:INTYFLA. h~•TI.RY PUPS S'~'; ::r r-_r:,;~•. ;:r Rt3GteRPO?TRAS R'Y ;i ~.i-a ~ C1FtiK ClllCU1T COURT ~ _ - • . E _ c; ._~ktiF V/ is lloY~~H ' 48520'7 ,•,'',~9J~~~`~t • =a :+ao ~~k:.o= s _ ~ _ fib, " ~ : = l7iu I?w,unura prrparrd by: v0' ~O N , ry,`~`ra i _ " ~