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HomeMy WebLinkAbout1734 and shall perform, comply with and abtd• 6y each and every the ag?etrments, atipulationi, conditions and covenants thereof, and of this mortgage, then this mortgage and !hs estate heroby c?eafsd, shall cease, de- termine and 6e null and twirl. the mortgagor hereby further covenant: and agrees to pay promptly when dw th. principal and interest and other strms of money provided for in said note and this moHgage, or either; to pay all and singular the faxes, assessments, levies, liabilities, obligations. and encumbrances of every native on said pro- perty; fo pennil. rnmmif or suffer no waste. impairment or defertorotion of ,aid land or the improvemenb thereon of arty lime; to leeep the buildings now or hereafter on said land fully i?uured in n stun of not Less than to a rnmpany or companies acrnptable fo 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 such insurance the mortgagee shall have the right to receive and apply the some to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all rnsf:, charges, and expenses. including lawyer i fees and title searches, reasonably inctrr?ed or paid by the mortgagee because of the failtr?e of the mortgagor to promptly and fully comply with the agreements, stipulations, eondifions and covenants of said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set /Drib 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 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from dote thereof at fire highest law- f ul rote then allowed by the Laws of the State of Florida. ~l any sum of money herein referred fo be not promptly paid within thirty days next offer the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, rnmplied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thenwn, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the conlnary notu•ifhsfanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not conslittrte a waiver of any rights or options under said .note or this mortgage ace~rued or thereafter accruing. ~il ~ltfitSS ~~Of, the said mortgagor has hereunto signed and sealed these presents the day mid year first above tnritten. Signed, sealed andjilelinered in Ih~prese?~ce r ~ J / ~ ~-Iiil~~ ruin ~Danley / - ; • X/ f STATE OF FLORIDA, COI.':~TY OF ~ . p I HEREBY CERTIFY that on this day, before me, an E officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared MARVIN DANLEY to me known to be the person described in and who executed the forcgoinq instrument and he acknowledged 6 Ix(orc me that he c:ecuted the same. WI'1;1tESS my hand and official seal in the County and State last aforesaid thu day of 4 June A. D. 19 80. 190 .1l1~t ~ _ -v: 24 Ala t~ 47 ' ~ 4 0 fn.£r Akt r_-cc~n{o ~ ~ ~ ~ ~ . ST. LUCfF C QItH T Y. Fl A. t+IORAfnf flAL1C $tA~i? ~ RQGER POITRAS /lAl~ ri-~- .U CLERK CIRCWT Ch `itT M~ ~ss~~yj~,~M_ f~t1t~~' QV R tfl:i.ia81`fR±.-Ifs. ` ` r';• ~ ~ Y . s~rlit~: I 1 i Thu Lulnun~nl prr'pnn by ~ HAROLD H. GOLDMAN . _ . E ,~1tlJrt~ /lttomey at Law g(~~~ PR(~'1~~z = 1 ~ 8028 S. Feel=rat Hig!tway Port St. Lucre, FL. 33k,Z ~