HomeMy WebLinkAbout2144 and shall perform, comply with anci abide by earh and every the agreements, stipulations, ronditions
and covenants thereuf, and af this mortgage, then this mortgage und the estate hereby created, shall
cease, determine and be null and void.
~It~ the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
cipal and interest and other sums of money provided for in said note and this mortgage, or either;
to pay all and singular the taxes, assessments, tevies, liabilities, obligations, and encumbrances of
every nature on said property; to permit, con~~nit or sufter no waste, impairment or deterioration
of said land or the improvements thereon at any teme; to keep the buildings now or hereafter on
said Iand fully insured in a sum of not less than full insurable value.
in a company or companies acceptabte to the mortgagee, the policy or policies to be held by, and
payable to, said mortgagee, and in the event any sum of money becomes payable by virture of such
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secured, accounting to the mortgagor for any surplus; to pay all costs, charges, and expenses, including
lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure
of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and
covenants of said note and this mortgage. or either; to perform. comply with and abide by each and
every the agreements. stipuiations. conditions and covenants set forth in said note and this mortgage
or either. ln the event the mortgagor fails to pay when due any tax, assessment, insurance premium
or other sum of money payable by virtue of said note and this mortgage, or either. the mortgagee
may pay the same, without 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 lawful rate then allowed
by the laws of the State of Florida.
~1 any sum of money herein referred to be not promptly paid within 30 days
next after the same becomes due, or if each and every the agreements, stipulations, conditions and
covenants of said note and this mortgage, or either, are not fully performed. complied with and abid- ~
ed by, then the entire sum mentioned in said note, and this mortgage, or the entire baiance unpaid
thereon, shall forthwith or thereafter, at the option of the m~rtgagee, become and be due and payable,
i anything in said note or herein to the contrary notwithstanding. Failure by the mortgagec to exercise
any of the rights or options herein provided shall not constitute a waiver of any rights or options
under said note or this mortgage accrued or thereafter accruing.
~tt ~t~iPB$ ~hPrP~~ the sai.~ mortgagor has hrreunto signed and sealed these presents
the day and year first above written. ~
Signed, sealed and delivered in the presence of:
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~ STATE OF FLORIDA, ~ S1. ~.i:'-~i '-'"~h; {
COUNTY OF '
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; 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 appeared
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to me known to be the person described in and who executed the foregoing instrument and he acknowledged
~ before me that ~ executed the same. !
~ WITNESS my hand and official seal in the County and State last aforesaid this ~3~~ day of
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