HomeMy WebLinkAbout1036 and sltnll perjotm, comply with and abide 6y each and every the agreements, sftpulaltoris, conditions and
covenants thereof, and of this morfgape, then this mortgage and the estate hereby created, shall cease, de•
termine and bs null and void.
the mortgagor pert+by further rnuenanfs and agrees to pay promptly when dw Ihs principal and
interest and other sums of money provided for in said note and this mortgage, or either; to pay all and
singular the taxes, assessments, levies. liabilities. obligations, and encumbrances oLevery nature on said pro-
perty: fo permit, commit or suf
jer no waste, impairmen! or deterioration of said land or the improvements
fherecn at arty time; to beep the buildings now or he?eafter on :aid land fully insured in a sum of not less
than highest insurable value .
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of tuck insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any surplus; to pay all costs, charges, and expenses, including lawyer's jeer and title
' searches, reasonably incttned or paid 6y 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 thi: mortgage,
or either; fo perform, comply u?iflt and abide 6y each and every the agreements, stipulations, rnndilio?u and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or other 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 other right hereunder, and all such payments shall bear interest from date thereof nt the highest Iau~-
(ttl mfe`then allowed by the Iau~s of the State of Florida.
~l any sum of mo?tey herein referred to be not promptly paid within thirty days next after
the same becomes dtte, or if each and every the agreements, stipulations, conditions and covenants of said
notes and this mortgage, or either, are not fully per/ot~rted, 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
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
fo the confmry notwithstanding. Failtue 6y the mortgagee 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
Ihereaffer accruing. -
~n ~itneSS ~heeeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tvriffen.
Signed sealed and delis in the pIPSPIICe of
~ ~
E . RAMLOW~
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l;A~or:---RA~a~r--------------------
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STATE OF ~c~~ New York
€ COL'\TY OF
I HEREBY CERTIFY that on this day, betorc me, an
officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
William E. Ramlow, Jr. and Carol Ramlow, his wife
to me known to be the person S described in and who executed the ioregoin` instrument and wht) acknowledged
Ixiorr me thatthey executed the same.
~ N'I7::\ESS my hand and official seal in the County and State last aforesaid this ~ ~ day of
June A. D. 19 80
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