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HomeMy WebLinkAbout0727 and shall per/orm, comply with and abide 6y each and eFwrjr 'ills ag?tenwnts, ,zattpulattoni, rnndttlons and eovenanla thereof, and of this mortgage, then this mortgage and the estate heroby created, shall cease, de- termine and be null and void. the mortgagor hereby further rnvenanls and agresa to pay promptly when dtts the principal and interns! rend other sums of money provided for to said note and this mortgage, or either; to prey all and si?tgular the taxes, assessments, leutes, Itabtltttes, obligaftora, and encumbrrrrtcei of every nature on Bald pro- perty; to permit. commit or suffer no waste, impairment or deteriorofton of said land or the improvemenb thereon at any time; to deep the buildings now or hereafter on sold land fully iruursd in a sum of not less than N/A in a company or companies acceptable fo the mortgagee. the policy or poltNe, fo 6e held by, 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 to receive and apply the same to the indebtedness hereby secured, aeeounttng to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyer's fees and fills - searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the ogreements. stipubtions, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor falls to 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 affecting the option to forecloae or any other right hereunder, and all such payments shall bear Interest Jrom date thereof at the highest law- ~3 f uI mte `then allowed by the laws of the State of Florida. ~l any sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or if each and every the agreements, stipulations, rnnditions and covenants of said not.s and this mortgage, or ether, 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 f orthwtth or !hereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitt?te a u?atver of any rights or options under said Hole or this mortgage accn?ed or thereafter accruing. - ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence of : y W t - - - --vitneas - - - STATE OF FLORIDA. - COUNTY OF ~ ~~'Gfi ~ - I HEREBY CERTIFY that on this day, before me, an I officer duly authorized in the State aforexiid and in the County aforesaid to take acknowledgments, personally appeared HILLLUi H. PO~WSLL tmd DO80?!lY 1Q.OS?ERMAp to me known to be the person S described in and who executed the [ongoing instrument and Ltle' acknowledged hetore me that t~1ly executed the same. WI'I i~1ESS my hand and official seal in the County and State last aforesaid thu -~~i day of April A. D. 19 SO. ,~~s~~.rrw~~•~,~~~ r-~,~ ~C L ~ t NO?ABY PUBLIC ~ ~ - - ~ = %t € 1980 Jl)~~ 1 l P:! 2. 03 ~nr Ca~ausslo~ ~aPlx~s::.~ ` : ~ - FILEC tahC F[ COd~~t U ~ ~ SLLUCIECC.~1NtY.ftA, ~ ' ROGER POITRC.S ~ ` Notary Pudic, ~!-rc cf'Kk~~ " .'C~,~ CLERK CIRCUIT CUU v a~t,~ ~r~•. , RFCGRA ~'TR1F:F.:~~' [ My Ccrrm;si:.n fxairs Fe(i~,,••2~?°•1~3. 43U024 I7irs hu~rris~cnl prt'parrd by: Addn'.u Bt~OK PAGE r`.-