HomeMy WebLinkAbout0036 and stroll perform, comply with and abide 6y each and et+ery the agreements, sfipulatioris, conditions and
covenants Ihereoj. artd o1 this morfgat7e, Ihen flits mortgage and the estate he:+e6y created, shall cease, d~-
termine and be null and troid.
~nu the mortgagor hereby further covenants and agrees to pay promptly when due- the principal and
interest and other str?ns of money provided for to said note and thts mortgage, w either; fo pay all and
singular the tAYPS, assessments, levies. liabilities, obligations, and encumbronces of every naluro on :aid pro-
perly; fo permtf,• commit or suf
jer no waste, impairment or deferioratIon of said land or the improuemenfs
lherrcn at arty time; to keep the buildings now or hereafter on said land fully insured to a sum of not less
than ,y~A
in a company or companies acceptable Io the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the euenf any sum of money 6ecomea payable by t+irftte of such Insurance ilia
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor (or any strrpltls: to pay all costs,~charges, and expenses, including lawyer's jeer and title
searches, reasonably incurred or paid 6y 1he mortgagee because o) the failure of the mortgagor fo promptly
and fully comply u+ith the agreements, stipulations, conditions and cot+enanfs of said note and Ibis mortgage.
or either: to perform, comply wit11 and abide 6y each and every the agreements, stipulations, conditions and
cot+enants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or eit?ter, the mortgagee may pay the same. without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear Interest Jrom date thereof at the highest law-
(trI rate then alloll+etl~ by t11P la1r+S Of the State of Florida.
D~ arty sum of money herein referred to be not promptly paid within 30 days next after
the same becomes dire, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not jolly performed, complied with and abided by, 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 auto+ithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a «+ait+er of any rights or options under said note or this mortgage accrued or
thereafter accnring.
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~n ~~lneSS ~heCeof, t?re said mortgagor ?las hernrrnto signed and sealed these. presents the
day and year first above a+ritten.
Signed, sealed artrl delivered in the presence of
01 GALL CAIti
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CotiyotiwE,~~TN OF Is'l ASSAG NV 3ETj'
C(~U\TY OF Bi4rtl/STA/E3L
~ I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknsawledgmenu, personally appeared
THO2•IAS ;~1. GALLIGA2; and ELIZABETI? J . GALLIGA2:, leis ~.•i fe
to me known to Ix the person 8 described in and who executed the foregoing instrument and they acknowledged
I+eforc me that they executed the same.
~~,,1~'1"1:`ESS rm• hand and official seal in the County and State last aforesaid this ~ day oI
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