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HomeMy WebLinkAbout2045 and shall perform, comply with and abide 6y each and every the agreements, attpulationi. c~ondifions and rnvenanls thereof, and o/ this mortgage, then this mortgage and the estate hsroby created, shall cease, de- termine and be null and twirl. the mortgagor hen+by further covenants and agrees to pay promptly when due the principal and irrteresf and other sums of money provided for in said note and lht, mortgage, or either: to pay all and singular the tares, assessments, levies, liabilities, o6ligalions, and encumbmncei of every nature on raid pro- pe?ty: fo permit, commit or suffer no waste. impairment w deleriorolion of said land or the Improvements therrcn at any time: to kee the buildings noun or hereafter on said land fully insured in a sum of not less than FULL INSURABLEp VALUE in n rnmpany or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable fo, said mortgagee, and in the event any sum of money becomes payable by virtue of such insttmnce the mortgagee shall have the right to receive and apply the same to the tndebfedne:: hereby secured, recounting to the mortgagor for any surplus: ro pay all costs, charges, and expenses, including lawyer's fees and Utle searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and )ally comply with the agreements, stipulations, rnnditions and rnvenanls of said note and this mortgage, or either: to perform, comply with and abide by each and every the agreements, stipulations, conditions and cot~ennn~s set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tar, assessment, insurance premium or ocher 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 oilier right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate then allowed 6y 1he Iau~s of the State of Florida. ~l arty sum of money herein referred to be not promptly paid within thirty days next ttfte? the same becomes dtte, or if each and every the ogreements, stipulations, conditions and eouenants of said note and this mortgage, or either, are not fully per/ormed, complied with and abided 6y, then the entire sum mentioned in said note, and ibis 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 nofu~ifhsfarrding. railtrre 6y the mortgagee to exercise any of the rights or options herein provided shall not constilrrte a u~airer of any rights or options under said nose or this mortgage accrued or thereafter accruing. ` ~n ~~NIeSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above turillen. Signed. sealed and delivered in the presence of I 7 I 1 - A. WALLACE MOORS , .7r. c ~ ~ _ .--.--.t+~ 6 - ~ t I ~(XX)gp(X•XX~t16X,DISTRICT OF COLUMBIA ~ COUNTY (7F I HEREBY CERTIFY that oa this day,. before me, an officer duty authorized in the State aforeuid and in the County aforesaid to take acknowledgments, personally appeared A. WALLACE MOORS , .7r. to me known to be the person described in and who executed the [oregoin~q instrument and he acktwwledAtsd before me that he executed the same. -~Nj'~I7'NESS my hand and official seal in the County and State last aforesaid this 3 ~ 3 f"' day of r . . „ . - - , ary Public ;J ,.~a~-.Colaetission Expires: ly/g~ si£l 7 % S •r. + R G~~~ P ELERtt CttiCUIT COlpl - RCCflR3 VEit+FiLT._ 4~7~8908 17its hufrunu~nf pnparrd by: ~ A[ItI/fSf tMGHARLES R,TP. ©ROWN Y BP~K~~ PlN7C~~ P. A. DOx 1416 301 5. 6TN 4T. cOn7 PI[RCE. FLO/tIDA 33450 =3'k _ ~ ~ x 4~ Y ~~~F~-