HomeMy WebLinkAbout2091acrd shall perjorm, r•omply urith a-td abide by each artd every the agreements, stipulationi. conditions and
cavertanfs tlterpoj, a-td of this morttfaf7e. then this mortgage and the estate hereby created, shall cease, de-
termine and be null mtd void.
Il~ the mortgagor hereby jurfhpr covenants and agrees to pay promptly when due the principal and
trtleresl and other sums of money provided jor in said note and this mortgage, or either; to pay all and
singular the fares, assessments, levies, liabilities, obligations, and encumbronces of every nature on said pro-
perly; fo permit. commit or strjjer no u~astp, impairment or deferiorotion of said land or the improvements
Ihprrcn of any time: to Ire•Pp Ihp buildings now or herpajtpr on said land jolly insured in a sum of not less
than highest insurable value.
in a romfxrny or rnmpanips acceptable fo flip mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, acrd in flip Plreflt any sum of mo-tey becomes payable 6y virtue of such insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
fo the morlga{for jor any surplus: to pay all rnsts, charges, and expenses, Including lawyer's jees and title
searches, reasonably incurred or paid by flip mortgagee because of the jnilure of the mortgagor to promptly
and jolly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or pilltpr; fo perjorm, rnmply with and abide 6y each and every the agreements, stipulations, conditions and
covprtartts set jorfh in said note and this mortgage or either. In the event the mortgagor jails to pay when
due any tar, assessment, insurance premium or other sum of money payable by virtue of-said note and this
mortgage, or either, the mortgagee may pay flip same, wifhotrf waiving or ajjecfing the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law-
ful MIp then allOllrerl bV flip IAws Oj fhP SIaIP Oj Florida.
1L any sum u( money herein re(prrpd fo be not promptly paid within thirty days next after
the same lrecomps due, or if each and Avery the agreements, stipulations, conditions and covenants of said
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
fhereajfer. al flip option of the mortgagee, become and be due and payable, anything in said note or herein
to Ihp contrary noltvilhslanding. failure by flip mortgagee to exercise any of the rights or options herein
providprl shall not constitute a waiver of any rights ur options under said note or this mortgage accrued or
fhprea f lpr arcnring.
~n ~itnfss ~heeeof, the said mortgagor has Itpreunfo signed and sealed these presents the
day and vear first nl-or•e written.
Signed sealed and deli ere in hp pmsence of
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~~ fo~h I~ERBED WAR SE, INC.
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sr.f.t.~clF ca:sff*Y fl a.
ROGER rt)ttRaS
CLEP,tt CiRCUtT COl;4
STATE OF FLORIDA, ~ S~
I HEREBY CERTIFY that on this day, before me, an
of(irer duly authorized in the St\atr^aforesaid and`in~,,t~he County aforesaid to take acknowledgments, personally appeared
to m~• knoH•n to F-r the person descri~d in and who execute the foregoing instrument and t~.~t.i acknowledged
IH•iOr~' me that ~`e executed the same.
'17 \ESS my hand and official seal in the County and Stat•• last aforesaid this o2 t ~ day of
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NOTARY PUBLIC - ~ 1 ~ - - • -
MY COMMISSION EXPIRE-- '~'~.
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No}ary Public, state of=PCafida af`Lbr~:
My Commission Expir.:s IV~tQ(cF~23r•~~~(. -
~IN OA- JANI?~~_.
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