HomeMy WebLinkAbout0128 and shall perform, comply with and abide by each and every the agreements, afipulafio?is, conditiona and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby creafrd, shall sense, de-
termine and be null and void.
1in~ IhP mortgagor hereby further covenants and agrees to pay promptly when due the principal and
inten•st and other sums of money provided for in said note and thin mortgage, or either; to pay all and
singular the faxes, assessments, Ieuies, liabilities, obligations, and encumbrances of every nature on said pro-
perty: !o permit. commit or suffer no waste, impairment or deterioration of said land or the improvements
fhernrn at any limp: to Pep the buildings now or ltereaffer on said land fully instued in a sum of not less
than full insurable value
in a company or companies ctccPptable to the mortgagee, the policy or policies fo 6e held by, and payable
to, said mortyayeP, artd in 1hP event any sum of money becomes payable by virtue of stash insurance the
mortgagee shall have the right fo receive and apply the some to the indebtedness hereby sectored, accounting
fo the morfgnyor for any surplus: fo pay all costs, cho?ges, and expense:, including lawyers fees and title
searches, reaso?tably incurred or paid by fhP mortgagee because of the failure of the mortgagor to promptly
and fully r-omply u~ilh the agreements, stipulations. conditions and covenants of said note and this mortgage.
o? either; fo perform, comply u~ifh and abide 6y each and every the agreements. stipulations. conditions and
covenants set forth in said note and ibis mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment. insurance premium or other sum of money payable 6y utrlue of said note and this
mortgage, or eillter, the morfyayPe may pay the same, without waiving or affecting the option to foreclose
or any other riyltf herPtrnder, and all such payments shall bear interest from date thereof at the I~ighest law-
(ul role then allowed by the lours of the Staff of Florida.
~l any sum of money herein referred to be not promptly paid within 30 days next after
~ fhP same 1?ecomes due, or if each and every the ayreemenfs, stipulations. conditions and cotrenanfs of said
note and this morfgayP, or Pifher, are not fully performed, complied with and abided 6y, then the entire
~ sum mentioned in said note, and.lhis mortgage, or the entire 6alarce unpaid therron, shall forthwith o?
' thereafter. of the option of the mortgagee, bPCOTP and 6e due and payable, anything in said note or herein
I
to the contrary nofurithslandiny. Failure by the mortgagee fo exercise any of the rights or options herein
provided shall ?tol co+tslifttfP a uraitrPr of any riyhls or options under said Hole or this mortgage accrued or
lherea (ter arcruiny.
~n ~itneSS thereof, fhP said mortgagor has heretonlo signed and sealed these presents the
day and yrar firs) shore urritfen.
I SiynP(l, sea d and delivered in the preswtre of
~ Hobo M. Montee _
Katharine M. Montee ~ _
f .
f
r
~ (
STATE OF #ft#/1Y4, 1
COUNTY OF 1 i
I HEREBY CERTIFY that on this day, before me, an
officer duly authorised in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared
~ Hobart M. Montee and Katharine M. t4ontee, husband and wife
to me known to be the person S described in and who executed the foregoing instrument and they acknowkdRed
before me that they executed the same.
~~YITNESS my hand and official seal in thr County and Statr last aforesaid this ~ ~ day of
s -
t
~
i t - v ~ otrmti 'ion expires : ~/~~/~s~
~ ~ , ` - Q t
I i ~ c
CHICAGO TITLE IPJS. CO. -
E ~I//S IIIS/f!I!!If/!/ it' rrd h (:~rri~r i:'hr:•rltt
- P P" r~r ~r.~ :?^:1rJ0 : c. -SUITE 4
3 AJ~/>r~ St~trtt; . ~:-~~a ~'?r?K~4~ PILE