HomeMy WebLinkAbout1491 and shall perjorm, comply with and abide 6y each and every the agreements, stlpulaltans, eondtttons and
eovenattls thereof, and of flits mortgage, Ihen this mortgage and the estate hereby created, shall cewe, ds-
termine and l,e null and void.
end the mortgagor hen+by further covenants and agrees to poy promptly when dw the principal and
interest and other sums of money provided for to said note and flits mortgage. a Nther; fo pay all and
singular the fares, assessments, leutes, Itabtlilies, obligations, and encumbrances o/ every rtatur+s on said pro-
pe?fy; to permit. commit or suffer no- waste. impairment or deteriorolion of said land or the trrtprouemenb
thereon at any Time: to deep the huildings now or hereafter on said land fully insured in a sum o/ not less
than nil
to a rnmpany or companies acceptable fo the mortgagee, the policy or policies fo 6e held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by viHue of such insurance the
mortgagee shall have the rtgh! fo receive and apply the same to the Indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all coals, charges, and expenses, Including lawyer i fees and title
searches, reasonably Incurred or paid 6y the mortgagee 6erntue of the failtue of the mortgagor fo promptly
and jolly comply with the agreements, slipulafIons, conditions and covenants of said note and this mortgage.
or either: fo perform, comply wish and abide by each and every the agreements, stipulations, eortdifions and
rnvenarrts set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any fax, assessment, insurance premium or outer sum of money payable 6y virtue of said note and this
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 Ihereoj a1 the htgheat law-
(trl rate `then allorverl I,y the laws of the Sfafe of Florida.
~l arty sum of money herein referred to be not promptly paid within 30 days next after
the same becomes due, or ij each and every the agreements, stipulations. conditions and rnvenants of said
noes 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 jorthwtth .or
thereajfer, at the option of the mortgagee. 6ernme and be due and payable, anything in said note or herein
to the contrary nofu~ilhsfanding. Failure by the mortgagee to exercise any of the nights or options herein
provided shall not conslitrrfe a waiver of any rjghfs or options under said note or this mortgage accrued or
thereafter accruing.
~n ~lb1eSS ~~Of
s Il,e said mortgagor has herounto signed and sealed these presents the
day and year first above « Britten.
~ig sealed an delivered in the presence o PRICE DEVELOPERS, INC.
j:
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STATF. OF FLORiD`A~
COUNTY OF~ •vws.~
I HEREBY CERTIFY that on this days before me. an
officer duly authorized in the Stair aforesaid and is the Count aforesaid to nkr acknawkdsa,eats, personally appeared
to me known to be the person descn~bed in and who executed the torc~oirgS instrument aad aekAOwkdsed
betorr me that executed the same.
WITNESS my hand and official seal in the County and Sute last aforesaid this ~ day of
NOTARY -6 - ~c.M.._
~0 MY COMMISSION EXPIRES i; c; ' tt~
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