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HomeMy WebLinkAbout2162 and shall perform, comply with and abide 6y each and every the agroemenb, atipulattoni, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate heroby created, shall cease, d~- termine and be null and void. the mortgagor hen?by /urfher rnuenants and agrees to pay promptly when dw the prtncipnl and interest and other sums of money provided for to said note and this mortgage. or either; to pay all and singular the faxes, assessments. Ieules, liabilities, obligations. and encumbrances of every nature on said pro- perty: ~ to permit. commit or suffer no waste, impairment or deterioration o/ said land or the Improvements fherecn at any time: to keep the buildings now or hetrof ter on said land fully insured in a sum of not less than highest insurable value - tn ocompany or rnmpanies acceptable to the mortgagee, the policy or policies to be held 6y, 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 fo receive and apply the same to the indebtedness heroby secured, accounting to the mortgagor for any surplus: to pay all rnsts. charges, and expenses. including latuyeri fees and title searches, reasonably incurred or paid 6y the mortgagee because o/ the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, rnndifions and covenants of :aid note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due nny fax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pry the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such cp~ayments shall bear interest from date thereof at the highest Iaw- fuI rate then allowed by the laws Of the Statp Of Florida. 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, stipulations. conditions and covenanb 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 bahtnce unpaid thereon. shnU forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. 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 note or this mortgage accrued or thereof tpr acc?uing. - *~,M~ ` , ~n ~~uteSS ~heretaf, the said mortgagor has hereunto signed and sealed these presents the . day and year first above cif ten. Signe ,sealed and d livered in the presence of RD G EILEEN A. T f STATF. OF FLORIDA , COUNTY OF S~ I HEREBY CERTIFY that on this day, before sne, sta officer duly authorized in the State a(oreuid and in the County aforesaid to take acknowkd6ments, personally appeared EDWARD G. TOZER and EILEEN Ii. TOZER, his wife to me known to be the person 3 described in and who executed the foregoing instrument and they ackaowkdged before me that they executed the same. W'i7'NESS my hand and o(ticiat seal in the County and State last a(oreuid this ae'~.r~ day of A. D. 19 80 . .'~'l~fl~~..%~,. ' ,F NOTARY PUBLIC MY COMMISSION EXPIRES : ~.~e~,; UU AAA Notary Pu51ic,, ~t~ •K?P.e.~~~~t~-.fig W 4C'S4`#'7 v!y c-r~mi,sioff ~Z?~~.~~e: ,,r0 :,..t -5 ~ FIIi:C Rli':. ~t i.~»Ji L' s Rc~E(i PoiT~nsA- it c~:N cl.calc cllacu ~ j' RE . PREPARED BY:~-;--_. ~~:;.'?:>NTY COMPANY I7iu Inunimrni prepared by: c.:_._:'--r, T. ' ~~~,E, FLORIDA "WHICH PO P.~' Si. Addrets eooo s. u. s. ilR 1 INSTRUMENT A 71TLE INSURANCE l?OLICX'-f TO T~~ ~;~X~ I'j~~+~~ WRITING OF i