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HomeMy WebLinkAbout2872and shall perform, comply with and abide 6y Par•h and ovary the agreements: atlpuhattoni, conditions and covenants 1herPOf, and of this morfgaflP, then thia mortgage and the estate hereby created, shall cease, de- 1Prm111P and LP null mul void. lfln~ Ihr morfgaf(or hereby Jurlher covP-tanls and agrees to pay promptly when due the pNncipal and interest and other sums of money provided Jor in said note and this mortgage, or either, to pay all and si-tgtrlar fhP taxes, assrssmPrtts, levies, liabilities, obligations, and encumbrances of every nature on said pro- pPrly: to permit. commit or stet ter rto waste, impairmen! or deleriorafton of said land or the improvements fhPMr•-- of any IimP; to IrrPp Ilte I,trilrlirtgs noun or hPrPaflPr on said land Jtrlly insured in a sum of not lesa than N/A in a <•omprr-ty or r•ompanfrs acceptable !o the morfgagPP, the policy or policies to be held by, and payable fo, said mortgagee, and in fhP event any sum o/ money 6PCOmes payable 6y nirltre of such insurance 1hP morfgagPP shall have IhP right to recPil~P and apply the same to the Indebtedness hereby secured, amounting fo fhP mortgagor Jor any surplus: to pay all costs, charges, and expenses, Including lawyer's fees and fills searches, rraso-ral,ly incurred or paid by IhP mortgagee because of the failure of the mortgagor to promptly and fully comply Wlth the agrPPmPIlt3, stipulations, rnndifions a-td covenants of said note and Ihis mortgage. or ritltPr: to perform, comply wills and abide by each and every IhP agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any fax, assessmr-rt, irtstrrancP premium o- other sum of money payable by virtue of said note and this mortgage, or Pillter, IItP morfgagPP may pay /hP same. without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear iMPrest from date IhereoJ at the highest lau,- ful rate then allotoed 6y the lards of 1hP State of Florida. Dl any sum of money herein referred to be not promptly paid within 3Q days next after IhP same becomes due, or if each and Pnery 1hP agreements, stipulations, conditions and covenants of said not.' and this mortgage, or either, are not fully performed, complied with and abided by, then the PnfirP sum mentioned in said note, and this mortgage, or the entire balance unpaid 1hPreon, shall ;~:fht/ith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary -rotu~itltsla-tcling. Fafltrre 6y the mortgagee to exercise any of the rights or options herein provide~cl shall not constitute a waiver of any righh or options under said note or Ihis mortgage arrruecl or Ihrreaflrr arcnring- ~n witness ~heCeof, the said mortgagor has hereunto signed and scaled these presents the day anti year f irsf aborr rvrillrn- Signed, seal d a t drlirrrrcl in the presence of iiiQtlAP. fat ~ ~ l /- r witness . _. - STATE OF FLORIDA, DONALD J . IT -~ - NIIiA B. NHITE 1 HEREBY CERTIFI' that on this day, before me, an officer club- authorized in the State aforesaid and in the County aforesaid to take acknowkdgmenu, personally appeared DONALD J. WHITE and NINA B. WHITE, his wife, to m.• known to F,r the pr•rsor6 described in and who executed the forr¢oinq instrument and they acknowledged before nu• that they executed the same. ~~•1'l \F;SS rm• hand and official seal in the County and Stru• last aforesaid December :~. p_ ly 80 I??0 C~% t 5 '' ~~ it FIt_'C RF[ fEC~;,.:~ i SLlUC1f COL'~''.f: RCGCP. f'il; F , ~. ~:~1~ , ~~ .. 514535 %l/i3 /lIJ/fNlll('ll/ f17f/7/IlI•(l try: Ac%1rrts NOTARY PUBLIC 1 ~1t /i~h,.:~~~. ''•: day of r• ~9'~~# fey