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HomeMy WebLinkAbout2397 and :hall pert orrrt, comply with and" abide 6y each~and every the ogrwmenes, sttpulatio?ia, cortditiorts and covenants thereoj, and o/ this mortUolts, then this mortgage and the estate herby created, shall cease. dt- termine and be null and void. the mo.tgagor hereby further eouenanb and agrwa to pay promptly when due the principal and interns! and other sums of money provided jar in said note and this mortgage, or either to pry all and singular the faxes, assessments. levies. Itabtkties, oblignttons, and encuntbrancea of every nature on said pro- perty; to permit, rnmmit or su11er no waste, impairment or deteriorwtion of said land or fhe improvements therrcn nt any time: to beep fhe buildings now or hers/ten on snid land fully insured in a sum of not less than p~A in a company or companies acceptable to the mortgages, 1hs policy or policies to 6e held by, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right fo receive and apply the same to fhe indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyer': fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with fhe agreements, stipulations, rnnditions and covenants of said note and this mortgage, or either: to perform. comply with and abide by each and every the agreement, stipulations, conditions and covenants set forth to said note and this mortgage or either. In the event the mortgagor fails to pry when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, fhe mortgagee may pay the same. without waiving or affecting fhe option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul mte then allowed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within drys next after the same becomes due, or if each and every the agreements, stipulations. conditions and covenant of said rota and this mortgage, or either, .are not fully performed, complied with and abided 6y, then the entire sum mentione-{ in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become and be due and payable, anything in snid note or herein to the eontrory notwithstanding. Failure 6y tloe mortgages 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 snid mortgagor has he nto 'gned and sealed these presents the day and year first above written. Signed, algid and definer in the presence of : , a Parbrlership - ~ BYE--------------- Arthna S . Paaars i i STATE OF FLORIDA, COU.'vTY OF M O N QO t~ 3 g _ ~ I HEREBY CERTIFY chat oa this day, before me, an ~ officer duly authorized in the State aforcuid and in the County aforesaid to take ackrwwkdgments, personally appeared AItT~~JR S . POtnIItS , a Partner of Goldpower Associates , a Partnership , to me known to be the person described in and who executed the foregoing instrument and he acknowkdsed before me that ~ executed the same. W~I7NES5 my hand and official seal in the County and State last aforesaid this day of A. D. 19 tary Pt11i c 1900 J~,i!t 10 P!! 1 ~ 5 My Fires F~EC R}iG ~CW?i+E 0 St UGf eptltttKFLA. NOTARY NUlll C'STATE OF FLORIDA AT L'Uif~ . ROGER Pf?iTRAS :'~S" r ~ CLERK CtRCUii CTp MY CO~MMISStO.V EJIRES IDLY. i8 19tH ,.~~~1 t Rf_CC?D VEQ1Fl:". "T~ BOPIDED TH2U GEtt;R.'LL 1N5. U~E.tWRITEf~.`~~ •t;' ~ ' , ` .rte ` Y . .U _ =.f Q v .1a _ - Hits I,Wrumrn~ prpaned by: A, Paru~Qia ~"-,;;,1sI,' Address Lataye S• Ut1S 7is, Corp. 8~~2 PI~CEG?J~71! ~ P9o9r9t9: St , Ia.I~~ t ,Fla. 33452 - _