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HomeMy WebLinkAbout0987 - - - - - - _ - - _ ~t _ and shall pe?/otm, comply with and -a~itls 6y each and every the agrsemonts. atipulnfioni, condttioru and covenants thereof. and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and be null and troid. 7flw the mortgagor hervby Jurlher covenant: and agrees fo pay promptly when due the principal and interest and other sums of money provided /o? in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on snid pro- perty: to permit. commit or sttf ter no waste. impairment or deterioration of snid land or the fmprowmen4 fherecn of arty time: to beep the buildings now or hereafter on snid land fully insured in a sum of not Less than nil in a rnmpany or companies acceptable 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 secttred, acrnunting to the mortgagor for any surplus: to pay ail rnsts, charges. and expenses, including lawyers fees and tills searches, reasonably incurred or paid 6y the mortgagee 6ernuse of the failure of the mortgagor fo promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either; to perform, comply with and abide by 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 fo pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and this mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the. higkest law- ful rate then allowed by the laws of the State of Florida. ~L any sum of money herein referred to be not prompflp paid within thirty Jaya next after the same becomes due, or if each and every the agreements. stipulations. rnnditions and covenants of snid - 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, of the option of the mortgagee, become and 6e due and payable, anything in said Hole or herein to the contrary notu~ifhstanding. Failure by the mortgagee to exercise any of the rights or options herein prof+ided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~flll~ ~h~of, the said mortgagor has hereunto signed and sealed these presents the day and year first shot+P written. 'gn ,sealed and deliver in t p se ice of . . _ ~ _ RALD H. ZUB r . t?"L - E ~ , lasa~ STATE OF I HEREBY CERTIFY that on this day, before me, an officer dulc authorized in the State aforesaid and in tht County aforesaid to take acknowledgments, personally appeared GERALD H. ZUB to me known to be the person described in and who executed the foregoing instrument and ~?ho acknowledged Ixfom me that he executed the same. W17;\ESS my hand and official seal in the County and State last aforesaid this ~ fC ~ day of A. D. 19 80 l ,,lira l:,:. _ NOT - AR PUBLIC ~ ~ ~ - ~a _ ; o: u"~r';; i9~ .lUl. 22 Pty 2: 38 rn co SIGN EXPIRES e• ~ J ftt,co one FEC o ' ~.V._ ST.LUCfF COUMT [~1ROttiY FE1ITh • ~=,,~i • . Rt3i;Eii PaT~~ :~MOTARt PUBLIC GF N a ~ •r; G CLERK CIRCUIT f: e. 'Ml Cerrmr a ~ 1ERSEp C ~Pi?eslr f!, ~ ~''1 ~ RECORD YERIifEA _ ~ f - AUZCCn s:vasrVV~j ;_ti~{2#` %~i h~s~rnnr~al p>rpon~l ley: ,~,<<,n_~t e~~~~35 P~ 984 - ~g