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HomeMy WebLinkAbout1082 and shall perform, comply with and abide by pnch and every the agreements, afipulafioni, rnndifiona and rnvertanla tlterroj, a?td of this mortgage, then this mortgage and the estate hereby created, shall cectss, de- fermine and be null and void. Ii1Nfi fhP mortgagor Iter~+by further rnvertanfs and agrees fo pay promplly when due fhs principal and irtteres! nod other sums of money provided jor in :aid note and lha mortgage, or either; to pay all and singular the taxes, assessments, h+viea, ltabililips, obligations, and encumbrances of every nature on said pro- pP?ly; fo permit, commit or suffer ?to waste, impairme?tf or deferioralIon of said land or the improvements Ihprrcn of arty time; fo kpPp Ilte buildings note or hPrPAJtpr on said land fully insured fn a sum of not less than N/A in a company or companies acceptable to the mortgagee, the policy or poitcies to be held by, and payable fo, said mortgagee, and in the evp?rt any sum of money becomes payable by airtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any stupltrs; fo pay all costs, charges, and expenses. including lawyer's jeer and title searches, reasonably incurred or paid 6y the mortgagee because of the jailttre of the mortgagor fo promplly and jolly comply with the agreeme?tts, stipulations, conditions and covenants of said note and this mortgage, or Pilher; to perform, comply tuith and abide 6y each and every the agreement:, afipulafions, rnndtfiona and covenants set forth in said note and this mortgage or either. ?n the event the mortgagor jails to goy when due a?ty fax, assessment, insurance premium or other sum aj money payable 6y virtue of said note and this mortgage, or ciflter, the mortgagee may goy the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- (?tl MtP`then aUatuetl by the tares of the State of Florida. any sum of money ItPrei/1 relprred to be not promptly paid within 30 days next after fhP same becomes dt?p, or ij each and eliPry fhP agreements, stipulations, conditions and covenants of said note 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, shat[ forthwith or thereafter, nt 1he option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nolu~ilhslnndi?tg. ~'ailurp I,y the mortgagee fo exercise any of the rights or options herein provided shall not cortslit?rfe a waiver of ony rights or options under said note or this mortgage accrued or fhereajlpr accruing. ~n ~ttfltSS thereof, tlrp said mortgagor has Ite?rtrnlo signed and sealed these presents the day and year first above tvriffen. Si d, sealed and dpliPprPd in the pIPSPI1Cp Oj: _ - sa DOGE FH N kC- - - - ~~G~I~-C.~- ~ f witnef~s - - - - -CAROL PH IPSON i f E I STATE OF FLORIDA, - COUNTY OF ~T ~ V G _ 1 HEREBY CERTIFY that on this day, before me. an ~ ottirer duly authorized in the State aforesaid and in the County aforesaid to takr acktwwled~mcnts, personally appeared THEODORE PHILIPSON and CAROL PHILIPSON, his rife - - ;cam;,: -?j• to me known to tx• the prrson 8 described in amt who executed the torcgeinq ihstrument and th@~ aeknbMl~Bjletis.• hctorr me that they ~ 1--,.'' Jj cacrutcd the same. ~ s ` - ~ ~ . ~ N'I'1:~iF.SS my hand and otfic ial seal in the (:ounty and State last aforesaid th f ~ "j~'d~ p v - V + .i Navetttber A. D. 19 80 r % , a ti ~ E r M1 - - - - ,1--~- NOT PUBLIC rIY COIQIISSION EXPIRES: p ~Ql ~t't,, " _ l _ - ' - - - 5'74'78 ~ ~ . ~ ~ ' !%u las?n~~n~n~ p)rptrrr! by: l~r~r~lt'SS ssn`~i 343 PEE 1081 _ _ -z .