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HomeMy WebLinkAbout0037and shall perform, comply with and abide 6y each and every the agreements, atipulaflorts, conditions acid covenants thereof, and o1 this mortgage, then this mortgage and the estate herby created, ahnll cease, de- termine and 6e null and void. the mortgagor Newby further covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in said note and this mortgage. or efthe-; to pay oll and singular the taxes, assessments, Isaias, dabilities, obligations, and encumbrances of awry nature on said pro- peNy; to peFrrtif, commit or suffer no waste. impai-ntenf or deterioration o/ said land or the improwmenb thereon at any time; to leeep the bulldinga now or hereafter on sold land /ally insttred in a slim of not leis than full Insurable value in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable by victor of such insurance the mortgagee shall have the right to -eceiw and apply the same to the indebtedness hereby secured, accounting to the mortgagor f or any stsrpltu: to pay all costs. charges, and expenses. Including lawyer's fees and ittb searches, reasonably incurred or paid 6y the mortgagee 6scawe of the failuro of the mortgagor to promptly and fully comply with the agreements, atipulnttons, conditions and covenants of said note and this mortgage. or either; to perform, comply with and abide by each and every the agreements. atipulntions, conditions and covenants set forth in said note and this mortgage or either. In. the even! the mortgagor fails to pay-when due any tax, ossessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage. or either, the mortgagee may pay the snore, without waiving or al/acting the option to foreclose or any other right hereunder, and 'all such payments shall bear interest from date thereof at the highest law- jul rate `Then allowed 6y the lours of the State of Florida. ~l any sum of money herein rejetred to 6e not promptly paid within 30 days next after . the same becomes due, or ij each and every the agreements, stipulations. conditions and rnusnnnts of said note and this mortgage, or either are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and~this mortgage, or the entire balance unpaid thereon. shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exertsLe any of the righb or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereof ter accruing. Il ~ltfitSS ~IteCtOf, the said mortgagor has hereunto signed and sealed these presents the day rend year first above uriften.- J1,ND0, . , a Flo rpo rn A~ f: -- .~1~~.-A-~~~.----~----~--- -- --------- ~.~ ------- -. ri ~E--~ra~7--~-----® S c c, r t,}~` jr N ~ti . i, III ' . ~~ .. 9 1 :. i ~ _. .. -- s. -.,,,...... a ~ ,. ,y~~ ; ~ : .,, ~~r ~rahT~"I', FLORIDA. `, COUN'T'Y OF SAINT' LZJCIE f I HEREBY CERTIFY that on this day, before sae, an j officer duly authorized in the State aforesaid and in the County aforesaid to uke acktwwkdgments, personally appeared ~ JANi7D, INC., a Florida oozporation, by ~~ to me known to be the person described in and who executed the foregoing imtrument and ~ acknowkd~ed ii before me that ~ executed the same. WITNESS my hand and official seal in the County and State last aforesaid this ~nber A. D. 19 8U 8~~4 p~ II - _ -: ~_ _ ~- l ~'` day of .w.• . :t . ~ 8~ .- i ~;3 ~`~~~~~ aria:.