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HomeMy WebLinkAbout0865 _ _ _ _ _ and shall perform, comply with and abide by each and et+ery the agreements, sttpulafioni, rnndittons and covenants thereof. and of this mortgaps, then this mortgage and the estate hereby created, shall cease, de- termine and 6e atilt and twirl. the mortgagor hereby further covenants and ngreea to pay promptly when due the pMncipal and interest and other sums of money provided for to said note and this mortgage, or either: to pay all and singular the faxes, assessmenfa, levies, liabilities. obligations, and encumbrances of every nature on said pro- perty: fo permit. commit or suf jer no waste, impairment or deterioration of said land or the improvements thereon at any time: to peep the buildings now or herea/ter on said land fully insured to a sum of not less than None in a company or companies ~accPptable to the mortgagee, the policy or policies to 6e 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 same to the indebtedness hereby secured, accounting to the mortgagor for any surphts; to pay all costs, charges, and expenses, including lawyer i fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreemertls, stipulations, conditions 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 forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y t?irtue o/ 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 heretrrider, and aQ such payments shall bear interest from dote thereof at the highest law- . (ttl rate then allowed by the laws of the State o/ Florida any sttm of money herein referred to 6e not promptly paid within thirty days next after the snore 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, complied wish and abided 6y, then the entire sum mentioned in said note, 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 notwithstanding. Failure by the. mortgagee 'to exercise any of the rights or options herein provided shall not constihdP a waiver aj any rights or options under said note or this mortgage accrued or thereof IPr accruing. ~n witness ~he~eofr IhP said mortgagor has hereunto signed and sealed these presents the day and year first above u+riften. I-R G S, a Florida general Sig ed sealed and d linere '"t fhP pIPSPgcp o/: Partn hip - - - - B~.s. eorge K. ogar gen cal par" l-- Gam. . . f f STATE OF FLORIDA, COU\TY OF ORANGE - ~ = I HEREBY CERTIFY that on this t~~ft.ikeEoee•.;ae, tut officer duly authorized in the Stair aforrsaid and in the County aforesaid to takr acknowledgtne . _ ~ 7 - / GEORGE K. NOGA, general partner c~ • f - ~ of I-R GROVES, a Florida eneral artnershi ~ ~.7 0 = ~ to me k»own to be the person described in and who exrcuted the (oregoinS instrument st?~ ~ 1 :w'Ii~ ' ~ r i~ befom me that he `executed the same. ; C' b' . , h til'l'\ESS my hand and official seal in the County and Stair last aforesaid this ~ //LL~ ~ ~f,= June A. D. 19 s o . r-~:~~~~~~,~ S t 9r~~5 -:~otaiy '1'~i~ is r ~~a e~C~oric~a~• - - My Colranission Expires; 4; ~ ~~+V ~~BUCi J'~R7r r. ~ ~1 L}ik~8 ~ _ ~ . hoc. it • ~IOfARr F~:; ~ ~ ~ Ff Gtr tl _ - ~ ~ F0.E0 ~~C~litY fl1?. ~ t:~y c~a+..;,..; ; i ~ F ~s ~_'r,:•: ~ , Sl.ltfCtE x ~e r;pl°. i. 1.~.- ~ RQCsER PCItR!?5t v ~r+c~a er w_R.-:r.e s...,rr s :.:~rsr c~. l•c, ~t CLERK CiilCJli COttR ~ ai~..eo, rlor.a, +~~.sso0 : t '!'lilt hulninr~nl ~pirr~r-rt' 6 : f'R Rober~ J. Pleus, Jr. ~i;OK~~ RAGE :1 eldaxt P. O. Box 1171 ~ ,ado, FL 32802 _ - _ ~x ~t _