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HomeMy WebLinkAbout1223 _ f_~ . _ - _ _ r - . ~ and shall perform, comply with and abide by eoch and et?ery the agreements, atfpulattoni, cortdittaru and cotwnants thereof, and of this tno?tgalts, then the mortgage and the estate hereby crvat«l, shall cease, de- termine and be null and void. • Ihs. mortgagor hereby (wfher eotwnanfa and agrees to pay promptly when dw the principal and lnferes! and other stuns of money provided for in sold note and this morigags, or N1h.r: to poy nil and singular the tars. assessments. levies. liabillfies, obligations. and encumbrances of every nature on said pro- perty: to pe?mif. commit or suffer no waste. impairment or deterioration of sold land or the improwntenb thereon at any lima: to keep the buildings now ar he,+ra/te. on sold fond jolly tnstuad to o sum of not leis than highest insurable value in a rnmpany or c~ompanivs acceptable fo the mortgages, the policy or pollcies• to be bald by, and payabb to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such irutuann fhs mortgagee shall .boos the right to receive and apply the name fo the indebtedness hereby secured, accounting to the mortgagor for any- aurpltu; to pay all coals, charges, and experues. including lawyer's fees and tiffs searches, reasonably incurred or paid 6y the mortgagee because of the failure of the trwrtgagor to promptly and jolly. comply with the agreements, atipulattoru, conditions and covenants of said note and thi, mortgage. or either: to perform. rnmply with and abide 6y each and every the agreements, stipulations. eorulitions and rnvenanfs set forth in said note and this mortgage or either. 1n the event fhs mortgagor jails fo pay when due any tax, assessment, insttrance premium or other sum of money payable by virtue of said note and this mortgage. or either. fire mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all stsch payments shall bear interest from date thereof of the highest law- (ttl rate then allowed hp the laws of tiro State of Florida. ~l any sum of money herein referred to be not promptly paid within 30 days next after the same becomes due, or ij each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, a?e not fully performed, eompiied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or therm(ter, at the option of the mortgagee, become and be due and payable, anything in snfd note or herein fo the contrary notwithstanding. Failtue by the mortgagee to exercise any of the rights or options herein _ provided shall not eonslilttfe a waiver of any rights or options under said note or this mortgage accrued or fhereo(fer accruing. ~n ~ltntSS ~Ihet'tnf, the said mortgagor has hereunto signed and sealed these present: the day and year first above written. Signed, sealed and delivered in the presence oj: y~tgess GIL ERT J. LA witne INE T. LA FONTAINE I - i I STATE OF Virginia COUDITY OF I HEREBY CERTIFY that on this day. be[ore sne, an officer duly authorised in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared GILBERT J. LA FONTAINE and JEANNINE T. LA FONTAINE, his trite, to me known to be the person S described in and who executed the foregoing instrument and they acknowledged before me that -they executed the same. :WITNESS my hand and official seal in the County and State bet aforesaid this day ~ A. D. • 19 80 NOTARY PUBLIC : _ MY COI~@iISSION EXPIRES I i. .i - 4~~ F - . OG Ei , • ~ Mp...~ fin i`' ~ ti~F ~ , a? . ~ ,~c~j(~ 17iu Lufrunu~nl n rrd 6'~ Bfflll~ Jv~ P~fiE,1(~iV P Pr' Adifrrss ~ -