Loading...
HomeMy WebLinkAbout0983 and ehell padorm~ eowply with ~nd sbide by each end every the adraementa, stipuletioiu, condition~ ~nd - covenanta thereof, snd ot this mortga~e~ then thle mort;~e end t1~e e~tate heroby creeted~ ~hail ceaee. ~ detsrmine and be nuA and void Aad the mortgagor hereby further covensnb and agree~ to pqy pmmptly when due the principal and ~ i~tereat and other aums of money provtded for in 8aid note and thte mortgage~ or eithar to pey a1l and singular the tssea~ assesamenta. tavies,"liabilitiee, obligationa. and sncumbrancea of every nature on eatd property; to permit, commit or auffer no waate~ impairment or deterioretton o! aatd land or the improvemenGs thereon st any time; to keep the bu~ldings now or heresfter on aaid land fully insured in a aum of not leaa tt~an in a co pa~y oi c pani e eccep~tabte to the mortgagee, the policy or policies to be hetd by~ and payable to~ said mo=tgagee, and in the event any sum of money becomea pe~yable by virtuc of auch inaurance the mortgagee . ahall have the right to recetve and apply the aame to the indebtedness hereby secund, accounting to the mortgagor for any surplus; to pay ali costa, chargea. and expenaes. including lawyer'a feea and title aesrches, reasonably incurred or paid by the ruortgagee because oi the failun of the moKgagor to promptly and fuUy comply with the agreements. stipulations, conditions snd covenanta oi said note and thia mortge~ge. or either, to . perform, comply with and abide by each and every the agreementa, stipuletions, condttions and covenanta set forth in said note and this mortgage or either: In the event the mottgagor fails to pay when due sny ta~c. assessment, inaurance premium or ather sum of money payable by virtue of aaid note and tl?ia mortgage~ or either, the mortgagee may pay the same~ without waiviag or affecting the option to forecloee or any other right hereunder~ and all such peyments shall bear interest from date thereof at the higheat lawful rate then allowed ~ by the laws of the State of Florida. If any sum of money herein referred to be not promptly paid within ~C days next after the same becomes due, or If each and every the agreements, stipulations, conditions and covenants of aeid note and this mortgage, or either, ere not tully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balatue anpaid thereon, shell forthwith or thereafter, at the option of the mortgagee, become and be due and paysble. anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shatl not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. In W~t~ess Whereof, the said mortgagor has hereunto signed and se~led these presents the day and year first above written This is ballobn~ mox~tgage and the final payment on the balance due upon maturitq is ;12,000.28,together with accrued interest, ff any, and all advancem nts WIT:~F.SS: made he mortgagee under the term ' f this mo ga . . . . . ~ . . ..:t.~r,cio: . i " ,,~+3'~A'1'~ OF FI.ORID ~'~~~1fTY O~<;~ : ~.I : ' .i '.r~ . S ~ n • ~rd~i ;instrum nt was acknowledged before me this ~ day of a~- . t9 8( ' (1 : j~~_+ . . : r~y ; ;'1~ ~ - ~ • ~ - _ . _ - . . ~ • ~ ~ . • Notary P ~iC e : . "f r;.L 'r . !1 i 2 . •A _ ` ..r• - ~ '1l~~e:~~... :i,~:~.. :'ii.;a. 1.::•. 8305~5 ~ '87 ,~i 16 P 1 :36 ~ ~ FIi.Et. .:;_i.,;;itD~U OOUGLJ~.`:_~ ~:.~!N CLERK ST. IUCI; ~:~~:NTY. FL. ?M('OFi} ~WI~~~ ~ -