HomeMy WebLinkAbout0504 and shall perform, comply with artd abed. 6y each and every the agreements, stfpulatioris, conditions and
covenants thereof. and of this mortgage, then thu mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
end the mortgagor hereby further covenants and agrees fo pay promptly when dw Ihs principal and
irtterrsl and other sums of money provided for to said Hole and this mortgage, or either; to pay all and
singular the tAXPS, assessments, levies, lia6ilitiea, obligations, and enctrmbronces o/ every nattrre on said pro-
perty: to permit. commit or strjjer no waste, impairment or deferiorofIon of said land or the improvements
therrcrt al any time; to keep the buildings now or hereafter on said land fully insured in a sum o) not less ~
than highest insurable value ~
in a compa?ty or companies 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 6y virtue of such tnstuance the
mortgagee shall have the right fo receive and apply the same fo fke indebtedness hereby sectrred, accounting
to the mortgagor (or any surplus: fo pay all costs, charges, and expenses, including lawyer's fees and title
searches, reaso?tably incurred or paid 6y the mortgagee because of the jailors o) the mortgagor to promptly
and fully comply with the agreeme?tis, stipulations, conditions and covenants of said note and this mortgage,
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
conertartts set forth in said note and this mortgage or either. In the event the mortgagor jails fo 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 all such payments shall bear interest from date ther+eoj at the highest lnw-
llll rAIP flten allots+etl Iry the laws Oj the `'sate Oj FlOllda.
any Sum Oj mOlley Itereirt rPjPrled fo be not promptly paid within 30 days next after ~
the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants 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 balance unpaid thereon, 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 noftvtthslartding. Failtere by the mortgagee to exercise any of the rights or options herein !
! provided shall not conslilute a uraiver of any rights or options under said note or this mortgage accrued or
thereat fPr aCfrUlnq. y
• ~n witness ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year firs! above tvritfen. a
Signed. sealed and delivered in the presence oj: ? l
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Y . ~ / ' NANCY SOI~ENTAG ~ j
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I MARY V. SUTTON I
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i STATE OF FLORIDA,
COQ?\TY OF MARTIN
C I HEREBY CERTIFY that on this day, before me, an
t officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
~ NANCY SONNENTAG and MARY V. SUTTON
to me known to be the person described in and who executed the (orcgoing instrument and Se acknowkdged
t
Ircfore me that She executed the same.
N'1TtiESS my hand suet official seal in the County and State last aforesaid this 27th day of
Y., A. D. 19 80
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