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HomeMy WebLinkAbout1198 a-td shall perform, comply with and abide by each and every the agreements, stipulations. rnnditlora and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- fermine and be null and twirl. ~~ the morfgattor hart+by fttNher rnve-tanls and agrees to pay promptly when dw the principal and i-tteresl and other sums o/ money provided /or to sold note and this mortgage, or either: fo pay all and singular the faxes, assessments. levies, liabilIlies, obligations, and encumbrances o/ every nature on said pro- perty: to permit. rnmmit or suJ/er no waste, impairment or detertowfion o/ said land or the improvements fhPrPCn al any limo; fo lrPep the buildings now or hereafter on said land fully Insured to a sum of not less than N/A in a company or rnmpanios acceptable to the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in the even! any sum of mo-tey becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to ehe indebtedness hereby secured. accounting to the mortgagor for any surpltu: to pay all roses, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because o/ the failure o/ the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perform, comply with and abide by each and every the agreements. stipulations. conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails fo pay when duo any tax, assessment, insurance premium or other sum of money payable by utreue of said note and this mortgage. or either. the mortgagee may pay the same, wiehout 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- (ul rate then allowed by ihP laws of the State o/ Florida. 7L any sum o/ money herein referred to be not promptly paid within thirty days next njter the same becomes due, or if each and Peery the agreements. stipulations. conditions and eovennnts of said Hold and this mortgage. or either. are not fully per/otnrted, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or ehe entire balance unpaid thereon, shall forthwith or thereafter, of fhP option o/ the mortgagee, 6ernmP and 6e due and payable. anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute o waiver of any rights or options under said note or this mortgage accrued or fherPajter actvuing. ~n ~itntSS thereof, the said mortgagor has hereunto signed and sealed these presents the day and year first above trriffen. Signed, sealt,~ and delivered the `prP5P111'P Oj: /~ ~ /, ~ ' w n e~s-s ' ~ii.tness i i i vELra B. THOMAS STATE OF FLO IDA. I HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appealed VELMA E. THOMAS, a Single FToman to me known to br the prison described in and who executed the foregoing instrument and Whp acknowledged Ixfore me that She executed the same. ~~'17;1ESS my hand and official seal in thr County and State last aforesaid this ~ ~ day of ~?C~~,f,CLU A. D. 19 g~ 1980 ~E~ -8 ~! i~ 5p -- ----------------- --- -------------~-~-~---~ ~-~------ ----... .. .-------....-...-- NOTARY PUBLIC S1. LUCI[ CgfY i tr ::.. ROGER POl ~ ftl-`.~ CLERK CIit~U:T CC ~' l7ii~ I~rstnmrin~ p~r'pr~r~d by: nJdru My Commission Expires: 3 ' .~. ~j~• - . . J~~: J''. .~ - ., . ~ ~ ~: ~ ~,. ~ , - M1~N L ~~ 1ilolr~~~ lvlrglllMlirtLfttM iNy tt~ttwlf~l~lMt 8~~344 P~i~6 i f i