HomeMy WebLinkAbout1058and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and
covenants thereof, a-td oI this mortgage, Ihen Ihts mortgage and the estate hereby created, shall cease, de-
termine and 6e null and troid.
the mortgagor hereby f u-ther covenants and agrees to pay promptly when due the principal and
interest and other sums o/ money provided /or in said Hole and this mo-fgage, or either; to poy all and
singular the faxes, assessmertls, levies, liabilities, obligations. and encumbrances of every nature on said pro-
perly; fo permit. commit or st-//er -to waste, impairment or deterioration o/ said land or the intprouemenfs
therrclt p~ an~~r~toelre~eplt~l~t~e buildings now or hereafter on said land fully insured in a sum o/ not less
Ihnn Itll ~
min a company or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the inde6fedness hereby secured, aceounttng
to the mortgagor /or a-ty stt-plt-s: to pay all rnsts, charges, and expenses, including lawyer's fees and flits
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply urilh the agreements, slipt-Ialions, conditions and covenants of said note and Ihls mortgage,
or either; to perform, comply u•iflt and abide 6y each and every the agreements, stipulationu, conditions and
covenants set forth fn said note and this mortgage or either. In the event the mortgagor (ails to pay urhen
due any tax, assessme-tt, insurance premium or other sum of money payable by virtue o/ snfd note and this
mortgage, or either, the morlgactee may pay the same, without waiving or of/ecfing the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest Iaw-
(ul rate then allowed by the Iau~s of the State o/ Florida.
~l any sum of money herein referred fo be not promptly paid within f~ft~l days Hex! after
the same becomes due, or iJ each and every the agreements. stipulations. conditions and covenants o/ snid
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, shall forthwith or
thereafter, at the option o/ the mortgagee, become and 6e due and payable, anything in said note or herein
fo the contrary notwithstanding. Failure 6y the mortgagee to exercise any o/ the rights or options herein
provided shall not constitute n waiver o/ any rights or options under said note or this mortgage accrued or
Iherea(tt•r accruing.
~n witness ~heCeof, Ilte said mortgagor has heret-nlo signed and sealed these present: ~ihe
day and ~r-r firs) above -vritfen.
~~ ~/i
~`~
in the presence of
--- •- ~ --
L. WEBB
STATE OF FLORIDA,
CnL'\TY OF ~. ~~
I HEREBY CERTIFY that on this day, before me, an
officer duh• authorized in the Stair aforesaid and in the County aforesaid to take acknowledgments, personally appeared
JAQC L. WEBB
to me known to hr the person described in and who executed the foregoing instrument and he acknowkdRed
before me that he executed the same.
~~'17 ~F.SS my hand and official seal in the County and Stair last aforesaid this ~~~" day of
't
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s- _' .
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P~l C ' ~~ ~e r`~' - - .~
State of Florida j~: ; rf r.~ r, ~' •~•'
• _ ~~ .
caamnission expires : f`~`~ -f `? s~
My '_~ . .
_... ^.r ~ .~~,..u,. as URGE '~ - _ .
._' t.tt Cv:.~:,l:~cv.v tnrt-~~ tna. 16~ IS+t4,~
.~~ - -
%7iu hu~rr~m~nl prrparrd hy.~COTT M. KENNEY BGOK V`t~ P~E1~5g
~~-~-~~,~ Attorney At law
515 S. INDIAN RIYER DR.
fT. PiERCE, fl 33450