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HomeMy WebLinkAbout1093 and shall perform, comply with and abide 6y ench and every the agreements. atipulalioni, condition: and covenants thereof, and of this mortgage, then this mortgage and the sstnfe hsroby cr+saled, shall cease. de- termine and be null and trotd. - !hp mortgagor pert+by f urlher covenants and agrees to pay promptly when dtu the principal and tntereat and other sums of money provided for in said note and this mortgage, or either; to pay all and Singular the laXFS, assrssmPnts, lrvies, liabililtes, obligations, and enctrmbronces of every nature on said pro- perty; to permit. rnmmif or suffer no waste. impai?ment or deteriorotton of sold land or the Improvements Iherrcn at any time: to keep the building: now or hereafter on said land fully inatued in a sum o/ not leu than N/A in a company or rnmpanies acceptable to the mortgagee. the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of stick insurance the mortgagee shall have the right to receive and apply the same !o the indebtedness hereby sectu+ed, accounting to the mortgagor for any surpltts; to pay all costs, charges, and expenses. including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee 6ecatue of the fatlttre of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and rnvenanls of said note and this mortgage, or either; to perform, comply with and abide 6y each and every flee agreements, afipulations, conditions and covenants set f orfh in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other stun of money payable by virtue of said note and fht: 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 date ther+eoj at the highest law- (ttl rote then allowed by the laws of the State of Florida. any sum of money herein ref erred to 6e not promptly paid within 30 day: next after the same 6ernmes due, or ij each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the ~nlire sum mentioned in said note, and this mortgage, or the entire 6alartce unpaid thereon, shall forthwith or thereafter, at tho option of the mortgagee, bernme and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any o/ the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereat ter accruing. ` ~n ~~u1eSS whereof, the said mortgagor has hereunto signed and sealed these presents the day and year first :bone u~rittert. , Sig d, sealed and delivered in the prPSPnCe of --E-~- ,~,.T `iitne ~ - ~ wit ss FA k I i - - STATE OF FLORIDA. COUNTY OF I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State a(orrsaid and in the County aforesaid to take acknowledgments, personally appeared CLARK E . MULLEN and FAME PiUI.LEN , hits vi f e , to me known to be the prrsong described in and who executed the foregoing instrument and they ackrwwkd~ed before me that theyexecuted the same. . NI7`NESS my.-h,~na- atid~c"al ~ in the County and State last aforesaid this / c:0~ '~tY of ~ - o ' a • rA. D. l9 80. _ , ~ . -7 _ - c c t^ ~4~ 4 NOTARY PUBLIC - ~ h,~ L`~ = ~ r - rtY COr4IISSION E~XPIRE'$,:~~t: • C'~.~rT Notary I~ublcc, State of Florida at Y'°tCe,r~• FILEC LAC }c~gri:{ i My Commission Expires Feb. 21, 1983. S1.LUCIE CCU~tTY.1iA ~ ROGER f OITRAS CIERit CIRCUIT COURT this InrlrnnatN prrponrd hy: ~ , nr~,~~ X337 P>~~~~