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HomeMy WebLinkAbout0390 ~ - - - _ _ u. • and shall pert orm, rnmply with and abide 6y each and every !hs agrosmenb, sttpulalioni. eondittorts and eorenants thereof. and of this morfgaps, !here this mortgage and the estate hereby croated, shall Cetus, de- termine and be null and twirl. ~Ild thF mortgagor hereby further covenants and agroes to pa)r promptly when dw the principal and - interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular tits -faxes, asseasmenls, levies, Itabiltttes, ob[lgattons, and encumbrartees of every naltw on sold pro- perty: to permit. rnmmif or suffer no waste, impairment or defertorafion of sold land or the tmprovemenb thereon at arty lime; to keep the buildings now or hereafter on said land fully instt?ed to a sum of not less than Full Insurable Value. in a rnmpany .or rnmpantes acceptable to the mortgagee, the policy or policies l0 6e held 6y, and payable to, said mortgagee, and in the event any start of money becomes payable 6y virtue of such insurance the mortgagee shall hatK? the right to receive and apply the same to the indebtedneu heraby secured, aceounttng to the mortgagor for any atrrpltu: to pay all costs. charges. and expenses. including lawyeri fees and iilb - searches, reasonably inctrrsrd or paid 6y the mortgagee because of the jailors of the mortgagor to promptly and fully comply wIfh the ng?eemenfs, sfipulatto?u, conditions and rnvenanfs of said Hole and this mortgage, or either; to perform, comply wIfh and abide 6y each and every the agreements, stipulations, conditions and covenants set jorlh in said note and this mortgage or either. In the even! the mortgagor falls to prey when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and fha 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 dot thereof at the highest law- f ul mte then allowed by the laws of the Slate of Florida. ` i any sum of money herein-referred fo be not promptly paid withi to days next after 'the same becomes due, or ij each and every the agreements, stipulations. ndilions :and covenants of said note and this mortgage, or either, are not fully performed, complied with arid- ab " ed 6y, then the entire - sum mentioned to said note, and this mortgage, or the entire balgrtce unpaid t er+eon, shall forthwith or thereafter, at the option of the mortgagee, -become and be dos and payable, anything in said note or herein to the contrary notu~tthstanding. Failure 6y the mortgagee to exenciae any of the rights or optioru herein provided shall not constifrrte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. - _ i ~n ~he~eof, the said mortgagor has hereunto signed and sealed these presents the day and year first a 'lien. Signs soled red delivered i the presence o/: - awes A. . n - - ~~Odr ~Iiorida--~:: --Calla -an i c r STATE OF FLORIDA, - COUNTY ()F palm Beach I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared i _ James A. Callahan and Rhonda L. Callahan to me known to be the person described in and who executed the [oregoinR instrument and they acknowledged he[orr me that they executed the same. { ~YI"1'NESS my hand and official seal in the County and State last aforesaid this 1St day of July A. D. 19 3U , I t ~1J~~a?~+s. P ~ - ~ ~TAi"f PUBLIC STATE fLC+RIDA AT LARGE MY COt,1M~SilUJ E..Ft~S ivLY 23 1983 y()tvpED ittRU GEhEBAI 1(:S~ Ui~U:i:.°,':.RtTfJlej J KE'VIN .1. McAW?Y - f ti`; S- r~ ~ INSTALLtr1FNT LOAN OFFlCER f ' f' g _ © . FIKST AL.Ec21CAN BANK L = ~ ~ i~ OF PALM rE1+CH COUNTY - ~ ~ t• 4U1 NOFeTHLAKE BLVD. ~ ~ `5 ` NORTH PALM BFJ?CH. FL 33408 ~ v v~~,.tilt' T/iii Irula,m~,f~ prrp~rrr~f hy: M. Schimpf rIR . Irr:cr 4oi BQ~K ~5 PACE - ~ - AJ~ Northlake Blvd.. i.