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HomeMy WebLinkAbout2069 and shall perform, rnmply urith and abide 6y each and every the agreements, sflpulationi, conditions and covenants thereof, inrtd of this mortgage, then this mtvtgage and the estate hereby created, shall cease, de- fermine and be null and twirl. Ii1N~ the mortgagor hereby Jurlher covenants and agrees to pay promptly when dta the principal and interrsf and other sums of money provided Jor to said note and thismortgage, or either; to pay all and singular the faxes, as:essmenfs, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perty; fo permit, commit or suffer no waste, Impairment or deferior+afton of :aid land or !hs Improvements lherrcn at any lime: fo beep the buildings now or hereafter on said land fully Instued to o sum of not less than to a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, Said mortgagee, and in the event any sum of money becomes payable 6y virtue of attch insurance the mortgagee Shall hat+e the right to receive and apply the same to the Indebtedness hereby secured, accounting to the mortgagor Jor any surplus; fo pay all costs, cha?ges, and expenses, including lawyers Jeer and title - searches, reasonably incurred or paid by the mortgagee berntue of the jnilure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, !o perform, comply with and abide by each and every the agreements. stipulations, conditions and covenants set forth in said note and this mortgage or etthe?. In the event the mortgagor jells fo pay when dt.e any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eiflier, the mortgagee may pay the same. without waiving or of feeling the option to foreclose or any other right hereunder. and all such payments shall bear interest Jrom date thereof at the highest law- f ul rote then nlloti~ed 6y the Intns of the Staff of Florida. - any sum of money herein referred to be not promptly grid within Thirty days next alter the same hefanrPS due, or iJ eoch 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 safd mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notu+ithstanding. Failure by the mortgagee to exercise any of the rights or options herein prat+iilecl shall not rorrstittrte a waiver of any rights or options under said note or this mortgage accrued or therna f trr accruing. - ~n ~l~QSS ~h~~f, the said mortgagor has hervtrnto signed and seated these presents the day and year first above u+rillen. Signed,, sealed and drlir+~r~d in the presence oJ: ' _ ~ jCH - - - -R` ~ ~ ~ SHIRLEY i1RICH I i !f STATE ()F FL()R1DA, I CO('\"fY OF $1. Luc. e I IiEREBY CERTIFY that on this day, before me, an t officer duh• authorized in thr State aforesaid and in tht County aforesaid to takr acknowltdQtnents, perwnally appeared RICHARQ'JRICH and SHIRLEY URICH, his wife to ~n~• knoNn to he the persons described in and who executed the (ore¢oinq instrument and thQ~/ ackrtowkdged before me that they executed the same. 1Y17:tiESS mi• hand and official seal in th~• (:ounty and State last aforesaid this 2Uth day of June A. D. 19 ~ . ~ . _ ~ ~~~c Zs n:, ~ os Ufa, ,hilt spa f c.,~t.. s•«L Nay ~ FIIi:C Rh[ Lts4iU` C w s. ••.a~ •~Zu.~s-~ •-+°r - 51.lUClf COvNTY.ft It. - ROGER POtTRA5 ~ ~ ~ ' . M ~ CLEitil Cln"CUTS CGL'RT ~ j 494~8~ _ James C. carets %it l»urn»r~nt prrpanrlhy: -:-1rlrl?rxs BOOKt~ PbGE~7