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HomeMy WebLinkAbout2156 and shall perform, rnmply u?ith and abide 6y each and e't?ery the agreements, stipulationi, conditions and covenants thereof, and o/ this mortgage, then this mtxlgage and the estate hereby created, shall cease, de- termine and 6e null and twirl. nlNa IhP mortgagor Newby jtuther covenants and agrees to pay promptly when dw the pNncipal and interest and other sums of money provided jor to said note and this mortgage, or either: to pay all and singular the taxes, assessments, levies, liabiliNPS, obligations. and encumbrances of every nature on said pro- perty: to permit, commit or suf jer no waste, impairment or deterioration of said land or the improvements 1hPr+eCn at any lime; to keep the buildings now or hereofttr on said land fully insured to a stun of not less than Hill in a rnmpany or companies acceptable to the mortgagee, the policy or poltcte: to 6e held 6y, and payable to, said mortgagee, and in lhP event any stun of money becomes payable by virtue of such insurance the mortgagee shall leave the right to receive and apply the same to the indebtedneu hereby secured. aceotenting to the mortgagor jor any surplus: to pay all costa, charges, and expenses. including lawyer i Jess and Nile searches, reasonably incte?rPtl or pafd 6y flee mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply u+ith and abide 6y each and every the agreements, stipulations, conditions and eovPnants set forth in said note and this mwtgnge or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and aU such payments shall bear interest from date thereof at the highest law- f ul rate then allowed by the laws of the SIaIP of Florida. - any sum of money herein referred to be not promptly paid within thirty days next after (he same becomes due, or if each and every the agreements, stipulations. conditions and rnvenanfs of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum nunttoned in said vole, and this mortgage, or the entire balance unpaid thenwn, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary nofu+ithsfanding. 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 thereafter accruing. ~n ~itntSS thereof, the said mortgagor has herPttnlo signed and sealed these presents the day and year firs! ab/ove tarflfen. Signed, Sealed pled delivered in the presence .oj: . ~ .................I- ~ ~ h_- D D D I L ARNER STATE OF FLORIDA, COUtiTY OF Palm Beach I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, prrsonally appeared t DAVID DANIEL WARNER ; to me known to br the prrson drttribed in and who eaecutrd the forr.goinq instrument ~d,::tl~,gq acknowkdged ~ r~t~ Ix•forc me that he rxrcuted the same. ti ~ ~ ~ ~ )y ji ``~~ti1~ - ,~G, 'zit WI7:~ESS my hand and official sea! in the County and Statc last aforesaid ` ~~1'~~~~••.`'.~ day of • . h• April A. D. 1980 ~ ~nd-~_ - " r' ~,{a: - - ~ ~ • r C, 4~~irtt~Z t Notary Public S^ r,rtri~ien~.,e~~~ St.LUCit: CCl'NtY.FI A. ' ttQGi:'R PGITRAS et.ERlS CIRCUIT cov~i1 ?_t:Et!e vF~ir E! i Notary Pttblit, State of Pbridr? ar hrq~ . My Commission Expires: Mr Conttttissioa Expire Der. Z~, jqq, "!'ltis 1„unis~nl prrprtrfrJ hy: `°•~w f.. a ~,,.+n, c~,,~.,r ,~,~~1>r_ts aroK~~ P~cE2~.53