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HomeMy WebLinkAbout0117 oral shall perform, rnmply with and abide 6y each and every fhs agreements, stipulations, conditions and cw~ertonts thereof, and of this moHgape, then tha mortgage and the estate hereby created, shall cease, de- terntine and be null and void. the mortgagor hereby further covenants and ogres: to pay promptly when due the princtpnl and interes! and other sturu of money provided for in said note and this mortgage, or either; fo pay all .and singular the faxes, assessments, levies, liabilities, obligation:, and encumbronces of euery nature on said pro- perly: to permit. t»mmit or suffer no waste, impoi?ment or deleriorafion of said land or the improvements lherpcn of arty lime; to beep the buildings noun or hereafter on soil Land fully insturd to a sum of not Less than N/A in o riompany or companies acceptable fo the mortgagee, the policy or policies to 6e held 6y, and payoble to, said mortgagee, and in the event arty sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured. accounting to the mortgagor for any surpltu: to pay all rnsts, charges, and expenses, Including lawyer's fees and fills searches. reasonably incurred or paid 6y the mortgagee because 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 6y each and every the agreements, stipulations, conditions and rnt~enanfs set forth in said Hole and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other strm of money payable 6y virtue of said note and this mortgage, or either, the morigagpe may pay the same. without waiving or affecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from date thereo) at the highest law- frrl M1P then allolverl by fhP Iau~S Oj fhP ~tOle Of Florida. ~L any sum of money herein referred to be not promptly paid within thirty days next after z the same becomes dttp, or i j each and euery the agreements, stipulations. conditions 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 balnrtce unpaid thereon, shall jorehwifh or lhereajter, at the option of she mortgagee, become and be due and payable, anything in said note or herein fo the contrary nofu~ithslanding. Failure by the mortgagee to exerrfse any of •fhe rights or option: herein proride+d shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thp.ea f fM aft7U/ng. ??,M~ • a ~n ~ul~ ~IICf[Oly the said mortgagor has hereunto signed and sealed these presents the day and rear f int shot+e u~ritfen. Signed, spa nd debt in the p encp of - ~ C'`-- - . ~.a- MARTIN JO!it~ LEE t f - r i i - - . - j - _ . - - - - - _ i r I j . 1 ~ STATE OF FLORIDA, + cot-a~TY c~F ST. LL'CIE ! 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 MARTIN JOiIN LEE ~ ~ to me known to be the prrson described in and who executed the foregoing instrument and he acknowledged before srrc that he executed the same. ~~'17 \ESS my band and official seal in the County and State last aforesaid this 19th. day of ~ August A. D. 19 80 ~ ~ ~6 ary Public r.S t. ~ ti" - FtLC~ the F_ (.GK~. J = - St.lllClE CoI:NIY.ft A. My commission expires; - , ~ _ ROGER POItRnS CLERK CIRCUIT CdtJRT ~ - ~ ~ 1~ % ~ ~ ` ~ F.tLGAtI Yl Ft"!i t)~-- ' : _4'9~i8Z3 ~rwwcMr~ir~r %7~u htclrru»<n~ prpa,:~l by: ' c~ F .1/hfirss 6i',t~ Je7~ PdGE 1,1,~ ~ 1