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HomeMy WebLinkAbout1203 ' and shall perform, comply u~ilh and abide by each ~ and every th* a~gnementt. stipulations. conditions and covenants thereof, and of this mortgaAS. then flits mwtgage ancr~lhs !state hereby orated, shall cease, de- termine and 6e null and twirl. the mortgagor hereby (wilier rnvenattt: and agrees to pay promptly when due the principal and irtferesl and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the lat;es, assessments, levies, Itabilities, obligations, and encumbrances of every nature on said pro- perty; to permit, commit or suffer no waste. impairment or deferioratton of said land or the improvements tharwcn at any limp; to keep the buildings now or hereafter on said land /ully insured in a sum of not less than H/S in a company or rnmpanIes acerpfa6le 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 virtue of such inswance the mortgagee shall bane the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor Jor any surpltu; to pay ail cost:, charges, and expanses. Including lattryer's fees and litla sro-rhes. reasonably incurred or paid by the mortgagee because of the (allure of the mortgagor to promptly and fully rnmply u~ifh the agreements, stipulations, rnnditions and covenants of said note and this mortgage, w either; to perform, rnmply with and abide 6y 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 due any tax, assessment. insurance premium or other sum o/ money payable 6y t-trtue o/ said note and this mortgage. or either, the mortgagee may pay Ilia same. without waiving or affecting the option to /oreclose or any other right hereunder, and all such payments shall bear interest from date thereof of the highest law- f ul mte then allowed by the laws o/ the Stair of Florida. ~l any sum of money herein ref erred to be not promptly paid within 30 day: next after the same becomes due, or if each and every the agreements, stipulations. condition: and covenants of said not.t 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 thereof ter. at the option of the mortgagee, become and 6e due and payable, anything to said note or herein fo the contrary notu~ithsfanding. Failure by the mortgagee fo exer+cise any of the rights or options herein provided shall not rnnstifute a waiver of any rights or options under said note or This mortgage accrued or Ihereaf ter accruing. ~n ~itntSS thereof, flip sold mortgagor has herntrnto signed and sealed these presents the day and year f test above tvritfen. er: n _ _x __ .. _...~~._ .. ~ __ _ .. ~"a..__. ~~ ~ x ~• STATE OF FLORIDA, cou~TV c)F ST ~ VC ~ C-!` I HEREBY CERTIFY that on this day. before me, an officer dul}• authorized in the State aforesaid and in the County aforesaid to take acknowled~mcnts, personally appeared JOHN SDIZZERO and NILLIl1K J. IiABINO to me known to tx the person described in and who executed the forcgoin~ instrument and thej acknowledged Fxfore mr that t:~~ executed the same. N'17'\'ESS my hand and official sea! in the County and State last aforesaid this Nt~Vttabe! A. D. l9 80 • 1 tt 1950 OEC -8 ~M ~ 55 FILEC RhC FFCORt~EO st.tuctt cow+tr.Fl a. RCGER P017RAS CLERK CIRCUIt CCURT RFCCA~ ~" F'' " ~ ~~ a7V•7~ty0 !'hip luutrnn~n/ prcpct,Td by: ,~d~~m~ N /1RY PQBLIC Mf CalQtISSION /o-aq-y~ ia.o' ~'~, .. ~yJ{~~', t' ' ~~ = ~S'jj . .... f ?., _.jk, ~ X344 P~x12Q7 _• i t {