HomeMy WebLinkAbout2435 and shull pc:rfi~rm, cumply with and abide by each and every the agreements, stipulations, conditiuns
~ and covenants thereof, and of this mortgage, then this mortgage and the est~te hera:by created, shall
cease, determine and be nutl and void.
~~1 the mortgagor hereby further covenants and agrees to pay promptly ~vhen due the prin-
cipal and ~nterest and other sums of money pmvided for in said note and this mortgage, or either;
to pay all and singular the taxes. assessments, levies, liabilities, obligations, and encumbrances of
every nature on said property; to permit, commit or suffer no waste, impairment or deterioration
of said land or the improvements thereon at any time; t~ keep thc buildings now or hereafter on
said land fully insured in a sum of not less than
Fu~l insurable value ~
in a company or companies acceptable to the mongagee, the policy or policies to be held by, and I
payable to. said mortgagee. and in the event any sum of money becomes payable by virture of such
insura~ice the mortgaeee shall have the riQht c~ r¢~~iv~ anri ~~,n~Y r.~ rtia ,.;~Yr,.`~~~.~~ ~~~L~.J i
securecl, accountin to the mort a or for an su lus; ta all costs, cha es, and ex nses, includin ~
g g g Y rP P") ~S Pe g
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 vvith 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, 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 tax, assessment, insurance premium I
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 thc highest lawful rate then allowed i
by the laws of the State of Florida. ~
,~1 any sum of money herein referred to be not promptly paid v,rithin 30 days i
next after ihe same becomes due, or if each and evcry the agreements, stipufations, conditions and ~
covenants of said n~te and this mortgage. or either, are not fully performed, complied with and abid-
e~ i~l~S: :ti:~ ~;;:il ment~:,:,~~ ii~ ~aiu i~0ic. nii~ Lt?l~ Ii1vli~.i~C. or ine entire baiance unpaid
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thereon. shall forthwith or thereafter, at the option of the mortgagee, become and be due and payabie, !
~ anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee 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. j
1
~Ti ~t~PB$ ~~PrP~~ the said mortgagor has hereunto signed and sealed these presents +
the day and year first at~ove written. ~
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Si ed, sealed anci delivered in the resence of-
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k . . . . . . . . . . . . . . . ' ' " ' . . . . . . . . . . . _ . . . . . . . . . . . . . . . . . . . - ' ' ' ' ~ ~
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _ ~
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' 1022819 4?~
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' S7ATE OF FLORIUA, t~~ 4~
` ~ . - .
E COUNTY OF S'~'. LUCZ~
~ I HEREBY CERTIFY that on this day, before me, an
; ~fficer duly~authorized in the State aforesaid and in the County aforesaid to take ackncnvledgments, personally appeared
WI.T.,:JY :_AWSON R. AATD C.~ROL J. L•AWSON , HI S WIFE
to me known to be the person descritsed in and who executed the foregoing instrument and they ackncnvledged
before me that th~Y executed the same.
VI%ITNESS my hand and official seal in the County and State iast aforesaid this ~St day ~f
Februa= y A.D. 1990
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Notary Pubtic
My Commission Expires : . . . . . . . . . . . . . . . . . . . . . .
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- - MOTAi3Y PUBLiC STATE OF FLORIDA
' ~„j_t..-i.;r-f~,,-1..' MY CQiMISSI4N EXP SEPT.28 1
'~~~r' °r: ~ ' ~ED TNltJ'6ENERAL INS. UNp93
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