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HomeMy WebLinkAbout1443 and shall perform, comply a+ilh and abide by Path and every the agreements, sfipulaliuris, conditions and r covenants thereof, arrrl of Iltis mo?tgaltP, then this mortgage and the Psfafe hereby c?Pa1Pd, shall cease, ds- IermiuP and hP null and void. i Iln~ IhP morfgaflor herel?y f u?Iher covenants and agrees to pay promptly when due 1hP p?fncipnl and ~ infemsl and ollter sums of money provided for in said note and this mortgage, or either. fo pay all and singular IhP IQ.tSPS. assessments, levies, liabilities, oliligalions, and Pncumbronces of every nature on said pro- perly: fo pr•rmil. commit or suffer no tt•asfP, impairniPnl or dPlPriorafion of said land or the improvements fhFrPCn nl any IimP: to IrPPp IhP 1?uihlinffs Hour or hereafter on said lmtd fully insured in a sum of not less than ----FULL INSURABLE YALUE------------------------------------------------- iu acompany or companies acceptable fo IhP mortgagee, IhP policy or policies to l,e held by, and payable lo, said morllla~IPP, and in fhP went any sum uJ monPy becomes payable 6y virtue of such insurance the morfgllgPP shall 1lal•P f11P rigltf to receive and apply Ilte same fo the indPbtedrtess Iterel,y sPfurPd, accounting fo ihP mo?tryagor for arty sttrpltrs; to pay all r-osls, cha?gPS, and ~Pxpenses, including lawyer's fees and title searches. reasonably incurn•rl or paid by IhP mortgagee because of the failure of the mortgagor to promptly and tally comply u•iflt IItP agrPPmertls, sliptrlalions, conditions acid covenants of said note and This mortgage, or Pi11tPr: to pPrfornt, r'OmplV U•Illl an(I abide by PaCh an(I PVPry f11P agreements, stipulations, condiliarts and covrnrutls set forth in said note and this mortgage or eaher. In IhP Pvnnl the mortgagor Jails to pay when I due any fax. assPSSmenf, insurance premium or other sum of money payable by virtue of said note and this morlgagP, or Pifl?Pr, lhP morfgayPP may pay the same, without waiving or of fecfiag 1~1P option to foreclose or any other ri~llrt hPrnunder. acrd all such payments shall bear interest from dale flterPOJ nl the hfghesl law- f ul mtP IIrPn allotverl 6y IbP lams of IhP SIafP of Florida. ~L any sum of money herein referred to 6P not promptly paid within FIFTEEN dnys next after IhP same hl'r'O?nP5 due, or if Pach and Peery fhP agreements, stipulations. conditions and covenants of said note and this morfga~p•. or either, o?P not fully performed, complied with and abided by, Ihen the entire sum mentioned in said note, and Ibis mortgage, or the entire bahance unpaid thereon, shall forthwith or thereaflPr, at IhP option of ihP mortgagee, become and bP due and payable, anything in snid Hole or herein fo !hP contrary nofu•ilhslandin~l. /=ailurP by IhP mortgagee fo exercise any of the rights or opltans herein providrYl shall not conslilulr n u•aivPr of any rifll?1s or options under said vole or this mortgage accrued or Ihereaf Ire an•nrin~(. n ttneSS thereof, Ilu• said morlryagor leas hPrnunlo signed Onrl sealed f11PSP presents fhP day nnrl year first ohorP u•riflr•n. ~ $ignr•d. sPU1Pd and r •1' •Prrd in tl pmsPnrP of : / ~ AtAN R . E ~ ; ~ _ _ . E ~ - f i s ~ STATE OF F~l.( )RID:, i E c(~tv ~-rY c rF ST . LUCI E ~ ~ I f1EREBl' CERTIFY that on this day, before me, an E officer dole aurhori~ed in the St:rtr• afurnaid and in the County aforesaid to take acknowledgments, personally appeared ~ ALAN GARR, to mr known to hr- the Ix•rson descritxd in and who executed the foregoing instrument and he acknowledged F?e(ore mr that h@ executed the carne. 1~'i"1 \F.SS rm- h:+nd and official seal in the (:aunty and Stair last aforesaid this 14th day of Novelrlber D. 19 BO. - k ~J. - ,n j . . ROBINETTE G. OOLEY F ~l1/1 /ns~rnuifn~ p>rp,nrl hy: ~~~'•,nnr~+•~''`~ ~1JJn.v : ~ t