HomeMy WebLinkAbout1967 and shall perform, comply with and abide 6y each and every the agreements, stipulationi, conditions and
covenants thereof. and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
end 1hP mortgagor heroby fttrlher covenants and agrees to pay promptly when due 1hs principal and
interest and other Burns of money provided for in said note and this mortgage, or either; to pay all and
singular the (Q CPS, assessments, lPUiPS, liabllltlPS,• obligations, and encumbrances of every nattu~e on said pro-
perly: to permit, commit or sttf
ter no waste, impairment or deterioration of said land or the improvements
Iherecn of any limp; fo RPPp fhP buildings now or hereafter on said land fully instued in a sum of not less
than full itasurablevalue---------------------------
in a company or companies acrPplable to the mortgagee, the policy or policies to be held 6y, and payable
to, said moN{tagPP. and in IhP event any sum of money becomes payable 6y virtue of such Insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectued, accounting
to the mortgagor for any surplus: to pay all costs, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid by 1hP mortgagee 6ecatue of the failure of the mortgagor fo promptly
and fully comply with Ilse agreentPnls, stipulations, rnnditions 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
covenants set forth in said note and this mortgage or either. ?n 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 Piflter, IItP mortryagPP may pay the same, without waiving or affecting the option to foreclose
or any other right herPtrnder, and all such payments shall bear interest from date thereof at the highest law-
ftil'rofP Ihen allowed by fhP taus of 1hP SfQIP of Florida.
~l any sum of money herein referred to 6e not promptly paid within ~i~y days next after
the same becomes clop, or if each and Pl~ely fI1P agrPemPntS, sfiptrlalions. conditions and covenants of said
note and thin mortgage, or Pifher, are not fully perforated, rnmplied 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 tltP option of 1hP mortgagee, become and be due and payable, anything in said note or herein
to the contrary rtotu~ilhsfandirtg. FailttrP by the mortgagee to exercise any of the rights or options herein
provided shall not conslilrrfe a u~aivPr of any rights or options under said note or this mortgage accrued or
thereafter accruing. -
~n ~itneSS thereof, the said mort{tayor has ItPrPtrnfa SiynPd and Sealed thPSP presents the
day and year first above rrriffen.
Si~tt~tl; alPd and e~livered in the presence of
VALiJE P C~'UIiATICid
tzar tein, President _ _
•
.
-
;.r
f
o I STATE OF FL(7RIDA,
! I COC\TY OF PAIN BEACH
I HEREBY CERTIFY that on this day, before me, an
I
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appearrd
LOT~~AR ES'IEIN, President of VAIIJE Pl~`ERZY OO~ORATICN, a Florida corporation,
K to me known to Fx• the person described in and who executed the. foregoing instrument and he acknowledged
I,e(ore me that ~ executed the same On behalf Of Sald COrpOTatlOri 8S 1tS dilly allttlOrlaed
offic~err
`cI"1'~ESS tap hand and official seal in the County and State last aforesaid this day of
eday D. l9so.
. .
-•F ~
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- : -ti~~ " ~ Notary Public, State o~ •-orida at Iaxge
: Y... . ~ r~.
- + 7 y• - My Oolmdssion expires : . _ ~u fR/
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