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HomeMy WebLinkAbout1874 and shall perform, comply with and abide by each and every the agreements, stipulalio?is, conditions ar?d cotenants thereof, and oI this mortgage, then this mortgage and the estate hereby created, shall cease, de- te?mine and be null and twirl. 1he mortgagor hen+by jwther covenants and agrees to pay promptly when dw the principal and intere:f and other sums of money provided for in said note and this morfgoge, or either: to pay all and singular the tares, assessments, levies, liabilities, obligations. and encumbronces of every Mature on said pro- pe?fy; fo pe?rrtit. commit or stljfer no waste, impairment or deterioration of said land or the improvements therecn of any lime; to keep the buildings now or hereafter on said land fully inswed 1n a sum of not less Ihan n i 1 in a company or companies acceptable fo the mortgagee, the policy or policies fo 6e 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 fo the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay alI rnsfs, charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and jolly comply with the agreements, stipulations, conditions and rnuenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations. condiltotu and covenants set forth in said note and this mwfgage or either. In the event the mortgagor fails fo pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage. or either, the mortgagee may pay the same, without waiving or of farting the option to foreclose or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law- f 111 rate fhP/I aIIOtUQII I)y fhP Iatvs Of the Staff of Florida. ~L any sum of money herein ref erred to be not promptly paid within t h i Y' t y days next after the same becomes due, or if each and el'ery the agreements. stipulations. conditions and covenants of said note and this mortga fie, or either, are not fully perJort~ned, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall Jorthwifh or thereafter. at the option of the mortgagee, become and 6e due and payable. anything in said note or herein to the contrary noturtthstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a urafver of any rights or options under said note or this mortgage accrued or fherea f ter accruing. - ~n witness ~heCeof, the said mortgagor has hereunto signed and sealed these presents the day and year first above u'rilfen. Signed. ~eale and delitered in the presence of : 'l I .at. ~~i.~~u... - - - - - - - - - - - --L INN ~ LOC...-...= T - M~ L ~ 0 AR NESS - ~ ; ~ - ~ STATE OF FLORIDA, i I IiEREBY CERTIFY that on this day, before me, an officrr duly authorizrd in thr Stair aforesaid and in the County afon•said to takr acknowledgmenu, personally appeared LINN LOCKHART and MARIELLA JO HARKNESS - to me known to lx• thr persor6 described in and who executed the forrQolnq Instrument and wh O ackrrow{edged hefon• me that they r><ecuted the same. ~1I1-,'HESS my hand and official seal in the County and Statl• last aforesaid this a da}- of n. 19 80 - . . - - - ~Y . . ~ NO A _ C i C~4~i3rb~,~~30N EXPIRES: (f ~?~~~~~~~~fcto of r_iori~~ of L-=-~ - l~~ .~.i~( II f..~'_~f~•.-; ~txo!t &piros May 2 1,31 Cc:._C bw1:u:::ir..n:a1 ;n:u+a: ca (:O. SRC~~ I ..))tt ~ s rit ~ ~iCARA VERlfl~ff._-_~- l7ris /ns~nu»rui pr~prrrrJ l?y: I I l .•1 rlrlfi:ts i;i~ 8(~~ pdi~~ _:1-, _ ~ - 0iL r 1N P ~ ~Yf:':.