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HomeMy WebLinkAbout2763 ~ . i and shall perjo~m, rnmply wit?~ and a6~de by eurl~ and eaery t~?e ag?eement:, sttpulationi, c~wadtttau and corenants the?eoj, and o( thls mortgage, then Ihis mo~tguge and tlee eatnte he.+.6y crsoted, sl?aU oease. ds- termine an~ Le null an~ ooi~I. ~ t/~e mortgagor ~iewby /urtl~er c~ouenanta artd aeroet to pay proinplly when due !hs prtncipal and inferest ond other sums o~ mo~ey providecj (or tre aaid aotw ond thia mortgoge. or eii~sr: to pay aU and singu~ar the taxes, assessments, ~?vies, lta6ilitiei, o6~Igations. nnd encumbrances o( euery nature on said pro- perfy; to permif, co~rieit or su)~er no wosfe. impairment or detertor+nl~on oj saic~ ~and or t~?e imp?oueme~ts tl~ernon a1 any lime; to keep the 6uildings now or hereaJtc?~ on ~a~d IQnd jully iruured In a sum ol not less itian in a company or companies accepfable to the neortga9eE?, the poltep or poRcies to be held by, and paya6le to. said mortgagee, ana in f~e event any sum o` money bec~o?nes ~xiyabie by utrfus o~ :uch tnsumnce the moMgogee stia~~ have the right to recetue and npply the sams to ths t~tdebtedness I~eneby iecured, noc~eu~eting to the mortgagor jor nny surpl~u: to pny aj~ costs, ctinrges. and expenaea. including juuryars ~ees and itt~ sermcl~es, ?easonably incure~d or paid by the mortgagee because oj tl~e /ailwie oj the morlgaeor to promptly I und ~ully comp~y wilh the agreements, sttpulations, conditions and covenants oj said note and this mo?tgage. o~ etther: to per/orm, rnmply with nnd ab~de by each and euery the ngree~nenb, atipu[atioru, c~ondittons and c~oc~enarefs set forlh in satd nole and Ihis mortgoge, or eitl~e~. In the enent t1~e mortgngor (ai~s-to pny when due any tox, assessment, insurance premium or othe~ swn of neoney payoble by viNue oj said note and this mortgage. or eifhe~. f~e mortgagee may pay the aame, withouf waiving or al~ecfing t~e option !o ~orec~ose or any otl~er rigbt hereunder, and all such paymenls shaU bear interest /rom date thereoj at iI?e ~iigl~eat Iau~- ~ul ~nte tl~en allowed 6v the laws o( t~e Stole o~ Flortdo. . ~l any sum of money herein re(e~ to be not promptly patd wit~ia ~een dari nex! a(ter I Ihe snme 6ecomes due, or iJ enc{~ ancj every t~e agreements. sfipu~afions, oonclitions antl c~ooennnb o~ said ~ note and thts mort~age, or either, are not (ully perJormed, c~omplied with and a6ided by, tben the enttre sum nuntionec[ in said note, and this mortgage, or the entine balance unpaid tiiereon, :haU fortbwith or t~erealfer, at the option ol t~e mortgagee, beeome and be due and papable, anrthing in said note or lierein to t~ie confrary notmitlutanding. Failure by tl~e mortgagee to exen~iae any of t~e rig~ts or opNons ~erein provic%~ sha~l not cans(i(ufe a wniver of any rig~ls or opttons under said note or Ihia ?nortgage acerued or- l~erea~Ier accruing. ~ ~n ~~Ql~ t6e said mortgagor hos I~ereunto signed and sealed these presenta the clay ancr yen~ ~i?sf alwne ~uriflen. • Signed, sea and delinpred in" 16e pres _ ~ • , P" ...--------~z'i~'P...-------------•-~~ a?~~ P eter Ka ie . . ~•J"Y~-------------------------------•---- ~ STATE OF ~ North Carolina ~ I COUNTY OF Franklin I NEREBY CERTIFY t6at on this day, betore me, an officer duty authoriud in the Stat~ a[orcsaid and in the County aforesaid to take acknowkdgmenb, personally appeared i I` PETER KA~PIE a widower i; ~ _ to me tnown to ix the person described in and who executed the [ongoing instrument and he acknowkdged bcforc me that he executtd the same. ii ~VITI~ESS my hand and official ual in thc County and Snte last aforcsaid this day of A. D. !9 67. I; - , -T" : ; - ~ FiLEO AND RECORDEO ~ - -~•ri . N lic, Stg eJapd •Cc~ ;~ore- ST. IUCIE COUN~• .e , O~p YERIFIEO REC My Commission~L~qi~~~ - ~ - . = ~ ~ J ' ~ '61 JUt~ 2~ ~ 3' y~ ~~~G~~-,~ v ~ o I ~ 15"~42~..3 ~ . ; , , ~ . ' ROGi.R i'OITRAS T 1. . ~ C~.ERK CIftCU1T COUR a~x166 ~?~2761 . _ . ~ ~ . r _ _ . _ _ . _ . ^>.-~1~`a ~1 ~~~~~~5 ~'~'~`~qi. _ _