Loading...
HomeMy WebLinkAbout2401 and ihaU perform. comply with and ubid. 6pr each and every the ogreements, stipulntlon's, eo,tdtttons and ea+enanfs thet*twf, and of flits moNgatge. Then this mortgage and the estate k.r+sby created, shall cease, de- termine and 6e null and void. the mortgagor hereby further covenants and agues to pay promptly when dw the princtpal and interest and other sums of money provided (or to said note and this mortgage. w either; to pay all and singular the faxes, assessments. levies. liabilities, obligations, and encumbrances of every nattu+e on sold pro- _ party: to permit. commit or suffer no waste, lmpnirmenf or deterioration o/ said land or the improwmenfs fherrcn at any time; fo beep fhs buildings now or hereafter on said land fully insured in a sum of not less than FVI~. Ir~UtFAB~.E VAj+lll: , In a company or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and pnynbb to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and opply the same to the indebtedness hereby secured, aeeounttng to the mortgagor Jar any surplus: to pay all costs, cha?ges, and expenses, including lawyer's jees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and cownnnts of said note and this mortgage, or either: to perform. comply with and abide 6y each and every the agreements, stlpulatioru, conditions and covenants set (orfh in said note and this mortgage or either. 1n the event the mortgagor fails fo pay when due any tax, assessment, insurance premium or other sum of money payable by virtue o/ said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to /oreclose or any other right hereunder, and all such payments shnU bear interest from date fhereo/ nt the highest Inw- (ul rate then allowed by the laws o/ the State of Florida. ~l any sum of money herein referred to be not promptly paid within1~1~3~(30~ days next after the same becomes due, or if 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 thereof ter, of the option of the mortgagee, become and be due and payable, anything in said note or herein to the conlrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not rnnsfitttte a waiver of any rights or options under said note or this mortgage accrued or thereafter acnuing. ` ~n ~herEOf, the said mortgagor has ereunlo signed and sealed these presents the day and year first above written. Signed Baled and deliv 'n the presence of : ~ ,f ---•-•--•--t....--•---•----------------•-••-•-------.._..----...--•----..._.......--------- E STATE OF FLORIDA, COUNTY OF ?V~pNRpe-- I HEREBY CERTIFY that oo this day, before me, an officer duly authorized in the State aforeuid and in the County aforesaid to take acknowledgments, personally appeared ~'l~ $ . to me known to be the person described in and who executed the foregoing instrument and ~ acknowledged before me that ~1Q executed the same. WITNESS my hand and official seal in the County and Stpte last aforesaid this day of 1"~1Yr A. D. 19 l~. NOtc'3?.'y PLT~Llt: ! 0 _ PI' Z j NOTARY t'UlLI C STALE Of fUDR lqA AT t~ _ _ MY COMMISSION EX/IRES~l1LY.18 1981 s~~~t$tr ~ tiOP,OEDTHRUGFNER4LINS,tRSottwwtE'1K,~~_.';. s: eras ~~srt~_,$ ~ _ _ v . = _ ' - - - ~ . a 17iis Instrumc„ ~ p~rpared by: ARIF PAI~IA Aridness t_AWYERS TITLE WS C+ORP l;11 9999 S. U. S. 7 d~~~ P~'~`w`~ ~ Port St. Lucts, Fbrlde 33!52 i , r~~-~_. :a f 1