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HomeMy WebLinkAbout1381 and shall perform, comply with and abide 6y each and every flee agreements, sfipulalto?is, conditions and covenants thereof, and o1 this mortgage, Ihen this mortgage and the estate hereby created, shall cease. ds- le?mine acid be null and void. the mortgagor hen+by further covenants and agrees fo pay promptly when due fhs principal and interest and other soma of money provided jor in said note and This mortgage, or either; to pay all and stngtrlar the faxes, assessments, levies, Itabiltfies, obligations, and encumbroncea of every nature on said pro- perly; fo permit, rnmmit or silt jer no u~asfe. impairment or defertorofion of said land or the improvements therwcn at any lime: to deep the buildings now or her/wjter on said land fully inatlred in o sum of not less • than N/A irl a company or comps?ties acceptable fo the mortgagee, the policy or policies 1o be held 6y, and payable fo, said mortgagee, and in the even) any sum o/ money becomes payable 6y virtue of such insurance the mortgagee shall bane the right to receive and apply the same to the indebtedness hereby sect/red, accounting fo the mortgagor jor any surplus: fo pay aII rnsfs, charges, and expenses, including lawyer's fees and title searches, reasonably inctrrre/I or paid 6y the mortgagee because of the jailtue of the mortgagor to promptly and jolly comply with the agreemertls, stipulations, conditions and covenants of said note and this mortgage. or either; fo perform, comply u~itll and abide 6y each and every the agreements, stipulations, eondilions and cot~enanfs set forth in said note and this mortgage or either. ?rl the event the mortgagor jails to pay when due any tax, assessment, insurance premium o? other slim of money payable 6y virtue of said note and this mortgage, or either. the mortgagee may pay the snore, without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereo/ at the highest Iaw- jl/l MIP /hen aIIOlve/I by the la1t~S Of fhP State Oj Florida. arty sum of money herein referred fo 6e not promptly paid within thirty days next after 1h/• same becomes dlle, or if each and every the agreements, stipulations. conditions and covenants of said note and this morfgarye, or either, are not jolly performed, 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, of the option of the mortgagee, become and 6e due and payable, anything in snfd note or herein to the conimry rtotu~ilhsfandirtg_ Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitllle a waiver of any rights or options under said note or this mortgage accrued or thereajlPr accruing- ~n ~~u!l~SS ~h~eof, the said mortgagor has herellnfo signed and sealed these presents the day and year f int above a+ritfen. Sig ed. sealed and eliver the presence of : ~ i ~ ED~,TARD J . AMUEL J i i 's ~ STATE OF FLORIDA`, a f GO[ \'TY nF ~ V~j'1u ~l~ i I HEREBY CERTIFY that on this day, before me, an E~ officer duly authorized in the State aforesaid and in the County aforesaid to take a:kr?owkdRments, personally appeared ! EDWARD J. SAMUEL to me known to Fx• -the person described in and who executed the (orcgoinq instrument and he acknowkdRed hrforr me that he executed the same. Ili1iESS my hand and official seal in the County and State• last aforesaid this ~ ~ ~ day of <<l~~t, A. D_ 19 80 - ~""p~G~F~"'~ 1~~0 SAP 25 i•:: 2~ I ~ tarY Public ~ J ;o ~ cc - S1 LUClF C!:4Y +.t1 A. *fy commission expires: M• ~G: ROGEf2 F~Ol1R:~5 ''ice ~ • war ~ ~ i~`') ~ J %is hf~nnu~irl pap»rJ by: AJI/rrxs b0~ t~ PACE j,~~ l I