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HomeMy WebLinkAbout0396 - _ _ _ _ _ T and shall pe?jorm, rnmply with and abide by each and euery the agreements, stipulations. conditions and conenanfa thereof, and of this mortgage, then tha mortgage and the estate herby crentsd, shall cease, ds- termi?te and be null and void. - the mortgagor hereby jiuther eovenanb and agrees to -pay promptly when due the prfnNpal and - - tnteresf and other sums of money provided jor to said note and this mortgage, or either: fo pay all and singular the lazes, assessments, levies, liabtliltes, obligations, and encumbrances of euery ratios on said pro- perty; fo permit, commit or stiffer no waste. impai?menf or deterioration of said land or the improvements thereon at any lime; to Iteep the buildings now or herwajter on said land fully insured in a sum of not less than highest insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable fo, said mortgagee, and to the event any sum of money becomes payable 6y virtue of such Insurance the mortgagee shall have the right fo receive and apply the same fo the indebtedness hereby secured, aceounttng to the mortgagor jor any surplus; to pay alI costs, charges. and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y -the mortgagee because of the failure of the morfgago~ to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: fo perform, rnmply 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 jails fo 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 pay the same, without waiving or affecting the option to jorecloae or any other right hereunder, and all such payments shall bear Interest from date ther+eoj at the highest law- jul ?ate `then allowed by the laws of the State of Florida. ~L any sum of mont~y herein re(e?red to be not promptly paid within --30 days next after the same becomes due, or ij each and every the agreements, stipulations. rnnditions and covenants of 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 notwithstanding. Failure .by the mortgagee to exercise any of the rights or options herein provided shall not eonstihtte a waiver of any rights or options under said note or this mortgage nccrtted or i thereafter accruing. ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year just above written. LaMARS /MILLS COMPANY a partnershi Signed. d d ' e n the presence oj: - - - ~ - ?u_ GERALD W. LaMARSH, Partner Partne EDWARD D. MILLS, Partner A to ~EDWARI2 D. MILL. , - rtrier - i ! STATE OF New York COUNTY OF ~ M ~ n ~ f~ I HEREBY CERTIFY that on this day. before me, an k officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared I GERALD W. LaMARSH, partner, and EDWARD D. MILLS, partner, of ! LaMARSH/MILLS COMPANY, a partnership, - . to me known to be the persons described in and who executed the foregoing instrument and they acknowkdaed before me that they executed the same. ~Yil i'VESS my hand and official seal in the County and State last aforesaid this ? ~ day of , I E ----1~.------ - ` Notary P tic ~(N9~`A~~_ SEAL) ~.w ~ ~Iy Commission Expires ~ ~ ~ ~v ~ lit ~8 . ~ :J:w York F ?MO ~ T~~ A. €(48i11~luivn Gsp,~:i F;ucd ~ 19 ~„a1 - t_, (r Cat~ AftOttO vEal~~En_- r~,u-r,~.,,,»~» ~ nd by: 493303 Addrru p ~ a~~K ~5 ~~cE 395 _ ~ - ~