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HomeMy WebLinkAbout0690 and shall per/Drat, comply with and abide 6y each and every the ag?eerrt~nts. sttpulaNoris, condtttorts and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shnU cease, de- termine and 6e null and void. the mortgagor hereby f uNhsr'eovenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and ibis mortgage. or either: to pray all art~l singular the taxes. assessments,-levies, ltabilittes, obligations, and encttmbr+artces of every nattue on said pro- perty; fo permit, commit or su(/er no wrote. impairment or deterto?+ation of sold land or the tmprowntents thereon at arty time; to leeep the buildings now or hereafter on sold land fully insured in a sutra of not less than highest insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and paynbl~ to, said mortgagee, and in the event any stun of money becomes payable 6y virtw bf such tn:tsrance the mortgagee shall have the Nght to trceive and apply the same to the indebtedness hereby sectu+sd, aceottnttng to the mortgagor for any stuplus; to pay all costs. charges. and expenses. including lawyers fees and title sear: hes. reasonably incurred or paid 6y the mortgagee .bemuse of the /atltue o/ 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 by each and every the agreements, stipulations. conditions and covenants set forth in said note rand ibis mortgage or either. In the event the mortgagor fails to pray when dw any tax, assessment, insurance premium~or other sum of money payable 6y virtw of said note and this mortgage, or either, the mortgagee may pray the snore, wIlhout waiving or affecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from date. thereof at the highest law- ful vale then allowed by the laws of the State of Florida. any sum of money herein ref erred to 6e not promptly paid within thirty days next of ter the same becomes due, or ij each and every the agreements. stipulations, eondittons and covenants of sntd note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum msnttoned in sold note, and this mortgage, or the entire baTct?tce unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, 6ernme and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y .the mortgagee to exercise any of the ~Nghts or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. • ~n ~t~eSS ~~Of, the said mortgagor has hereunto signed and sealed these presents the day and year first above u~Ntten. Signed, sealed and delivered in the presence oj: witti~ OS D SP witness MAVIS SPA S I i~ ~aRJt/r?" I STATF. OF _ ~ ~ _ COUNTY OF /1 i WEREBY CERTIFY flat oa this day, before ate, sa officer duly authorized in the~~atep~ayforeuid and in the ~ pt~e aforesaid to take acknowk~daments, personally appeared OSWALD~SFAItKES and MAVIS~SIP~CARKES, his wife to me known to be the person descn~bed is and who executed the fore~oitt~ instrument sad robs) acknowkdsed before me that they executed the-same. _ - n~ WITNESS my hand and official seal in the County and State last aforesaid this OL t day of Qv` A_ D. 19 ~ /~~a NOTARY PUBLI ~D _ a IVM~ Sfl4~S8 ~ iJO J~' 21 ;:'::I~ 33 S'.iU^!; tit}tiiY.i:~. ?tCGi:ff POITi'.AS ~u r~>u„~ by: U Add,ur - ~ - - - -:..4 ~y .s - nls,:Y.J_ +cod =fa-L ~L~3x"n~3i~~..