HomeMy WebLinkAbout1151 and shul! p4i(orm, cor?~p1y with and a6ide by eacl~ and euery the agreementa. :ttpulationi, condtttoru nred
conenants tF~ereoj, and o~ Ihis mo~tgas~e, tl~en tl~is morfgage and ~h. estats hereby c?rot~d, ihal! c~ue, d~-
termine and 6e null and void. ;
~n~ t~P mortga~or heri~by (wf~er covennnfs and agrees to pay promptly when duo Ihs principal and
intereal anc~ of{~er sums o/ money provided /or irt saia note and fhts morfgage, or eif~er: to pay a~~ and ;
singular tl~p ta.res. assessments, tevlea. Itabi[ities, obligations, and encumbrnncea oJ every nature on iaid pro- ~
perty: to permit, commit or suj~er no woste, impairment or deterio~tion o~ said land or fhe improveme~li `
thprncn at any lemP; to ~PPp fl~e buildirigs now or he?paf ter on ~otd bnd jully tnsured in a~um oJ not less ~
~be~ highest insurable value ;
in a company or companies acceplab~e to the mortgagee, the po~icy o~ po~icies to 6e I~eld 6y, and ~,ya6[.
to, said morfgagee, an~ in fhe euent any sum o~ rrioney 6eeomes ~ya6[e 6y virlue o~ auch insurance !he
mortgagee shail I~a~~a lhe rigkt to receive ond apply tl~e aame !o Ihe i~debtedness ~ereby secured, accounting ~
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to Ihe moHga~or (or any surp~us: to pay a~~ costs, churges, and expenses, inc~uc~ing lawysrs (ees aRd llt~e
aenrc~es. rensonab~y incurre~ or ~,~d by ~l~e mo~fgnAee because of the ~aijw+e o, the rnortgago~ to prompt~r ;
nne~ ju~~y comp~y wif~ the agreemenfs, stipulations, concritions nnd cove~eants o) soid note ond tl~i~ mortgage, i
or eitf~er: to per(orm, comply with and abic~e by ea~ch and every Ihe agreements, slipu~ations, condilions nnd ~
co~enants. sel ~orth in snid note and t~is mortgage o~ eif~er. /n the event the mortgagor jai~a to pay when
c~ue any fax, assessme~l, insurance premium or ot~e~ sum of money payable 6y uirtue oJ said note and this
neortgnge, or ei!{~er, tXe mortgagee mny ~y ehe same, witkout watving or njjecting f{~e option !o ~orec~ose
or any other right T~erpunc~er, and all suck payments s{~nll 6ear interest Jrom dnte t1?e?ro) at the f~tgf~est Iuw-
Jul rate ~he~ olloiuecl by t{~e laws oJ the State o/ Floridn.
~L any sum of money herein re(erred to 6e not promptly paicl within thi rty days nex! nffer
Jhe same 6e~omes due, or ij each and every tF~e agreements, stipulafions, conditions and couenunts o( snid
note and t1~is mortgaye, or eil6er, are not Jully per/ornned, complied wit1~ and o6~d~d 6y, tl~en the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid I~~reon, shall /orfl~witl~ or
thereaf ter, ot the option oJ 11~e mortgagee. 6ecome and 6e due and paya6le, anything in snid note or herein
to t~e confrary notu~illislanding. Fui~ure 6y Ihe mortgagee to exerciae any o~ !he rights or opfions herein
providet~ sha~~ not conslih~te a waiver o~ any righfs or options unc~er saic~ nole or this rrtortgage uccrued or
t{~erea~ler accruinp.
~n ~itness ~hereof~ the said mortgagor I~as {~ereunto signecl and sealed these presents fl~e
day nnd year ~int above wri[len.
' Signed, sea d and elic~eted in the prrse e of :
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` STATE OF FLORIDA. 1
( COUNTY OF PALM BEACH ~
E I HEREBY CERTIFY that on thii day, before me, an
' o(ficer duly authorized in the State aforeuid and in the County aforeuid to t~ke acknowledgments, penonalty appeared
JONN KORNFELD and INGE KORNFELD, his wife; and FRANZ KLESPIES and
~ ANNA KLESPIES, his wife,
to me known to bt the perwn 5 deuribed in and who ex~cuted the foregoinq instrumcnt and trley acknowkdged
beforc me that they executed the same. _
~•""N!'!'NESS my' hxpd and o(ficiat ua! in the County and State last a(oreuid this 2 4 t~l day of
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'~,~~~o•Y!rfl; A. D. 19 73. „
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