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HomeMy WebLinkAbout1592 and shall perform, comply with and abide by each and every? the agreements,- afipulatioris. conditions and covenants thereof, and of this morfgape, then this mortgage and the a:late hereby created, shall cease, de- termine and be null and twirl. - the mortgagor hen+by jtuther rnvenants and agrees to pay promptly when due the principal and interes! and other soma o/ money provided for in said note and this mortgage, or either: to pay all and singular the fares. assessments, levies, liabilities, obligations, and encumbroncea of every nature on said pro- perty: fo permit, commit or strJJer no waste, impairment or deteriomfion of said land or the improvemenfa iherrcn at any time; fo keep the buildings now or hereafter on said land fully insured in a sum of not lest than or highest insurable value. in a company or rompanies 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 6eeomea 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 surpltu; fo pay all costs, charges, and expenses, including lawyeri 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 agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply with and abide 6y each and every the agreements. stipulations, conditionu and cot~ena?tts set forth fn said note and this mortgage or either. ?n the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum o/ money payable by virtue of said note and this mortgage, or either, the mortgagee may •pny the same, without waiving or of jetting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- ful rate Ihen allowed by the laws of the State of Florida. any sum of money herein referred t0 6e not promptly paid within thirty days next after the same becomes due, or if each and every the agreements, stipulations. conditions and rnvenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith o? Ihereajfer, of the option of the mortgagee. become and be due and payable, anything in said- note or herein to the confrory nolu~ffhstandirtg. Failure by the mortgagee to exercise any of the rights or options herein provided shall not consfiltrte a waiver of any rights or options under said note or this mortgage accrued or fherea/jjfer acnuinq. ` 7n ~t~~SS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year first above toritten. Signed, sealed and delivered in the presence oj: - ~ _ ` GLENN W. ARTEiURS f • - - ~ i STATE OF r/'~~~G~~~ I COUNTY ()F I HEREBY CERTIFY that on this day, be(orc me, as officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared ~ GLEIJN W. ARPEiURS 6 to me known to be the person described in and who executed the torcgoinq instrument and he ackttowkdged Ix(orc me that he executed the same. ~~I7'\ESS my hand and official seal in the County and State last aforesaid this/ ~ day of G~~~~G~~? A. D. 19 8U 4 = ~ w - - bli F - ~ Notary Pu c 1 ` t. ~ .;'iQ ~ , ~ My commission expires ; ~ • .Y `J ;t1 ~ .IVV fietr+:y fuplic,Siatt •1 Ree - - r ~ i~ - '/f : 0 C 1 f ~A ~ Qusiit~eE in Ens C;ean:`/30 1 = ~ ~ ~ Cwnmas~on [apifCi A?atch ~ ~ i _ - - ~ Tlru hrsinusf~r~ prprtrr-d by: nR P~~~~ AJdn ss ISC~K i