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HomeMy WebLinkAbout0374 _ _ and shall perform, comply with grid abide 6y each and every the agreements. slfpulafion's. conditions and covenants thereof, and o/ this mortgage. Ihen ibis mortgage and the estate hereby created, shall cease, de- termine and 6e null and ibfd. the mortgagor hereby further rnvenants and agrees to pay promptly when due the principal and interest and other sums of money provided jar in said note and this mortgage, or either: fo pay all and singular flee fares, assessments. levies. llabiltliei, obligations, and encumbrances of every naluro on said pro- perty; fo permit. rnmmif or strf jer no waste, impairment or deferiorotfon of said land or the improvements therrcn at any time; to keep the buildings not?~ or hereafter on said land fully irutu~ to a sum of not Less than N/A in a company or rnmpaniea acceptable io the mortgagee, the policy or poGctes to be held by, and payable to, said mortgagee, and in the event any stun of money becomes payable by virtue of such tnaurance the mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured, accounting 1 to the mortgagor jar any surplus; to pay all costs, charges, and expenses. Including lawyer's Jess and title searches, reasonably incurred or paid 6y the mortgagee because of the jatltrre of the mortgagor to promptly and fully comply with the agreements, afipulafions, conditions and rnvennnts of said note and this mortgage, or either; fo perjorm, comply with and abide 6y each and every the agreements. stipulations, conditions and rnvenants set forth in said note and this mortgage or either. In the event the mortgagor jails 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 foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul mfe then allowed by the laws of the State o/ -Florida. any sum of money herein referred to 6e not promptly paid within 30 - days next after the same becomes due, or ij each and every the agreements, stipulations, conditions and covenants o/ 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 thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notu~ifhstanding. Failure 6y the mortgagee fo exercise any o/ the rights or options herein provided shall not constitute a waiver of any rights'or options under said note or this mortgage accrued or thereafter accruing. ~n ~he~of, the said mortgagor has hereunto signed and sealed these presents the day and year first-above written. Sig a ,sealed an eliv rn the prt•sence of ..Z~. • - - _ E. WALTERSL /y~ x--= -------"-1-.,._~--`~.,` /~MA~RY-G E ~.WAL.TERS Z--~t-~~'tid...-------~--®. . i i STATE OF VIRGINIA ~ { COUNTY OF FAIRFAR I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the Counq• aforesaid to take acknowledgments, personally appeared LOREN E. WALTERS and MARY E. WALTERS, his wife ~ to me known to 6c the person S described in and who executed the foregoing instrument and they acknowledged hetore me that they executed the same. Y WI7 i~iESS my hand and official seal in the County and State last aforesaid thu ~ ~ of A. D. 19 80 ~ ~ . ~ ~ ~ yY~'.. , - • t ~ .f ~--r- 't-j-- { 4914~bi ~ R ~ Notary Public ~ : ~ ~--'..~~t 1980 JUt - I AK SS ~s r My commission expires; ~ FIl.EO tM" Pt~Ctlt+i+t Q . SLLIiG!£ COU?tiY.Fl A. 's Rt3G~R POITRAS CLERK CIRCUIT C::~1': _ } F - - T/~u litsln~s~c~~~ prrpn~rrf by: an~c~ P i ,:_z-