HomeMy WebLinkAbout0353 -
and shall pe?jornt, comply u?ifh a?td abide 6y earh and every the aAreemertls, slipulafton's, conditions and
rnvena?tfs tltereoJ, arts aj this ntorfga(te. then this mortgage a?td the estate hereby created, shall cease, de-
termine and be null and void.
Tin the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and
interest and other sums of money provided for frt said note and thts mortgage, or either: to pay all and
singular Ilte fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro-
perly: fo permit. commit or sujjer no wnsle, impairment or deteriorolion of said land or the improvements
Iherrcn at a?+y lime; fo deep the buildings now or hereafter on said land jolly insured in a sum of not less
than ntl
in a company or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable
to. said mortgagee, arts in flee event arty sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor {or any surplus; to pay all costs, charges, and expenses, including lawyers Jees and title
searches, reasonably incurred or paid by the mortgagee because of the jailtur of the mortgagor fo promptly
and jolly comply with the affreemertls, stipulations. conditions and covenants of said note and this mortgage,
or either; fo perform, comply u+iflt and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth irr said note and this mortgage or either. ?n the event the mortgagor jaib fo pay when
due any tax, assessmertf, irtstrrance premium or other sum of money payable by virtue of said note and this
mortgage, or eillter, 16e mortgagee may pay the same, without u~niving or affecting the option fo foreclose
or any other right hereunder,• and all such payments shall bear interest from date thereof of the highest law-
Jul mfe then allowed by the Iatns of the State of Florida.
any sum of money herein referred fo be not promptly paid within 30 days next after
the same becantes drre. or iJ each and every fhP agrPPMPntS. SflpUlatlOns. COndif10I1S and covenant: of said
note and this morlyage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said rtofP, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu+ithstanding. Failure Ly the mortgagee fo exercise any of the rights or options herein
provided shall not constitute a waiver of arty rights or options u?+der said note or this mortgage accrued or
thereafter accruing.
~~ulr~SS ~~CtOf, fl+e said n+orlgngor Itns hereunto signed and sealed these presents the
day and year Ji?sf above tariffen.
Su Mac Investments, Inc.
Signed, sealed and delivered in the prnsPnce oJ:
- - - - - - Y , \
~ ~ . - ~ - - - . - ~-1....- ~
1,~ ~ J
.----I- -L- _ _ - - - -
i
i
STATE OF FLORI ,
COUNTY OFS~. W~~
I HEREBY CERTIFY that on this day, before me, as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu~ personally appeared
to me known to be the prrson described in and who executed the foregoing instrument and acknowledged
before me that executed the same.
N I7'NESS my hand and official seal in the County and State last aforesaid this ~'~.vvti. day of
• ,
NOTARY PUBLIC ~ ~ _ .
n ;t ~ - r, „ 7 Nofar/ Fu';'ic cs ft,. t3}yLarry~s,/
. - • - ~ ~ ' ~ ;,1MY COMMISSION EXPIRES : •,~Y Ccr„r~~;..: :.:::r_h.23; ISJ_ I.
-
r ~ ...t.
l7iu /nltnutunt prrprifrd by:
Ad~liexs .
X343 Y~ ~3