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HomeMy WebLinkAbout1264 • t„ and shall perform, comply with and abide 6y each and every the agrwrrtents. sttpulalloni, conditions and covwnants thereof, and of fha mortgage, then-this mortgage and the estate herby created, shall cease, de- te?mtns and 6e null and void. the mortgagor hereby further covenants and agrees !o pry promptly when due the principal and interest and other sums of money provided for in said note and this mortgage, or etcher; fo pay all and singular the faxes, assessments, levies, IlabtUties, o6ligattons, and snctunbrartees of every naturo on sold pro- perly; to permit, commit or suf jer no waste, impairment or deterior~attion of Bald land o. the improvement ther+PCn of any tuna; to keep the buildings now or hereafter on said land fully Insured to a sum of not less than ~ N/A in a company or companies acceptable to the mortgagee, the poltry or policies 7o be held 6y, and payable to, said mortgagee. and in the event any sum of money 6acomas payable 6y virtue of such insurance the - mortgagee shall haw the right to recetue and apply the soma to the indebtedness hereby secured, amounting to the mortgagor for any surplus: to pay all costs. charges, and expenses. including lawyeri Jess and tlfb - searches, reasonably incurred or paid 6y the mortgagee 6eeatue of the failure of the mortgagor to promptly and fully rnmply with the agreements, stipulations, conditions and covenants of said note and !ht mortgage, ' or either; to perform, comply with and abide 6y each and every the agreements. stipulations. conditions and rnvenants aef forth in said note and this mortgage or either. In the event fhs mortgagor jal6 to pay when due arty tax, assessment, insurance premium or other sum of money payable by virtue of said note and this - mortgage, or ,either. the mortgagee may pay the same, without waiving or ajf ecting the option to foreclose or any other right hereunder, and aI! such payment ahaU bear interest from date fhertroj at the highest taw- jrrl MIe then allowed by the laws of the State of Florida. ~L any sum of money herein ref erred fo be not promptly paid within 30 days next after the same becomes due, or if each .and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully pert otvrted, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option o/ the mortgagee. become and be due and pnyable,.anything in said note or herein to the contrary nolu~ithslanding. Failure 6y the mortgagee to exercise any of the right or options herein provided shall not constiltrte n waiver of any rights or options under said note or this mortgage accrued or thereoJtcr accruing. ~n ~~PCt~f, the said mortgagor has hereunto signed and sealed these presents the day- and year first above written. Signed, sealed and delivered in the presence oJ: it ss - FCtr.K--•------- • w tress FTILR- - - - f STATE OF FLORIDA COUNTY OF I HEREBY CERTIFY that on this day, before me, an otticer duly authorized in' the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared EARL L. FULK and ANN FOLK, his wife to me known to be the person described in and who executed the foregoing instrument and they acknowledged before me that the3~ executed the same. TT,,~~ WI1'1VESS my hand and official scat in the County and State last aforesaid this t~ ~-~,,i;,; ,~d:y of ~ : NOTARY PUBLIC- - - _ ~-~r-~- 23 ~ ~ 13 ~ MY COMMISSION EXPIRE~~ 't ~ b : L, ~ ~ ~ ~ FN.ED R~ srC teary public. State ef;F ~~•7 :ig83.~'~, r ST L COtNI Yf .fLLJI. emission ~P'~~•.,, ~;r_ ~ ! ~ R P9ITRAS - f~Y oast ctixurt txu r • g RECORp YCRtFlEtl.~. - ~ ~ i 493831 ~ l7is 1»~ner» c»~ prrpa~rd by: Arfdrrx~ ~ Ph6E~ f