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HomeMy WebLinkAbout1154 ' an~ s~a~~ per~orm, co~phi with a~ld%atb~d. 6y ~1, ond every the agreemenls, sfipu~aliozis, cor?ditiont and co~~enants tl.nrc~/, and o~ thta rreortgaQe, tRen Ihis mortgaga and tl~a r~tate I~ere6y created, il~all ce~ue, d~- lermine and be nuU and void. ~ thP mortgaQor hen~by Jurtl~er couenonts and a9rees to pay promptly when due the principal and Interest ancr other s+~rnt o~ money providec~ jor i~ said note and fkis ?noHgage, or eit~?er; lo pay a~~ anc{ singu~ar l1~e taxes, ossessments, ~euies. ~iabi~ities. ob~igalioru, nncl r.:rsmb~+ances oj every nnture on aafc~ pro- pe?ly; fo permit. commif o~ suj~er no wwte, impui~ment or deteriomtion of :n~d bnd or the improvencentt thprecn at any time; to ~~ep t{~e 6uildings now or herpajter on said lund /u[ly insured tn a sum oj not leas ~ ~haR highest insurable value in a compnny or companies acceptab~e to the mortgagee, the po~tcy or po~iceea to 6e beld by, antl payab~e ~ to, said ~nortgngee, ancr i~ f~e euent any sum o( money becorrees ~yQbl~ 6y virtue oJ auch insurance tke ; mortgagee sf~a~~ hnve the ?ighf to receive an~ apply tlee ansee to the Inde6tedness here6y secwed, accounting to t~e morfga{~or ~or nny su~p~us; fo pay u~~ corla, chnrges, and expenses, inc~uding lawyer~s f eea and lit~e ~ searc~es, rensonably lRCURP~ or paitj by ttie morfgagee because of t~e ~ni~ure o~ the mortgagor to prompt~y nnc~ jujly comp~y with t~e agreements; stipu~tions, conditions and covenanfs o( said note ancl i~iis mortgage. } or ei~l~er; to perJorm. rnmply witk nnd ubide 6y enck and euery the ngreements, stipulaiions. conditiona and ~ covenenls set jortk in said nole and lhis morlgage or eitF~er. In the event the rnortgago~ /aib !o pay when } due any tax, assessmenf, insurance premium or ol~e~ sum of money paynble by vtrtue or said note an~ t~it ` mortgage, o~ eit~er. !he morlgagee may pay ttie aame, without waiving or n(~ecting t1~e option !o forec~ose ~ or any otl?er riqtit l~ereunder, and alI suc1~ pnymenls sl~nll bear interest (rom datE thereo~ at the highest luw- : : (ul mte 1h~n allowed by the Iaws of the State o( Florida. H. I thi rt ~ ~l any sum oJ money herein re(erred lo be not promptly paid within y days next ajter f the snme 6ecomes due, or ij eack and Query tl~e agreemenis, stipu~ations. conditions and covenunls o~ said C note and Ihis mort,qa~e. or eitF~er, are not f ully per/ormed, complied witl~ ared a6~ded 6y. Ihen the entire ~ sum menlionec[ in said note. and ti~is mortgage, or fhe entire- bala?tce uaepaid thereon, shall /ortkwith or ~ ~ t~eren(ter, at I~e option o~ f~e mo?tgagee, become anc~ be c~ue and payo~~e. anqf~ing in saic~ nole or ~erein = to t~e contrary no[withstanding. Fai[ure by tlee ~reorlgogee to exercise nny of t{~e rights o~ options ~erein ~ providec~ sha« not consfittFte a waiver oj Q.~y rights or oplions unc~er said note or t~is mortgnge accrued or E 's therea)ter accruing. ~ . ~n ~~tness ~hereof~ the soia~ morfgagor tias tiereunto signed nnd sea~ed t~ese presents !~e c~ay anc~ year jirst atiove ts~ritfen. i Sign d, sealed a d delinered in the p SPRCP o~: ' ~ I f~ f ,~~i"~---."" ~ : - vrrrf-e ~d~--^ ~ ~ ' S~'L , ~ ~d--z ~ -.~f~,.~C ~ 3 ~ - - - - - < ~n ~ KQrnf-e~} _ , ~ ` - a Z--- e- p s - - - - r~,~~~~~ , : ~vmtoo,. ?..E~~._..---~~-- ~ - ..--i4 n n-a----K~Y ~s p i.e~s..--.. : STATE OF FLORIDA, ~ couN~rv oF pALM BEACH _ I HEREBY CERTIFY that on thit day~ before mq an ; ofFicer duly authorized in the Statr aforcsaid and in the County afores~id to tak~ acknowlydgments, penonaUy appeared ` JOHN KORNFELD and INGE KORNFELD, his wife; and FRANZ KLESPIES and ~ ANNA KLESPIES, his wife, to me known to bc the p~non $ dexribed in and who executed the (oregoing instrumertt and they ~~k~r„{~g~ beforc me that they ~:ccuted the same_ ' •~"MFl'~iF,SS my hand and o((icial seal in thc County and State tast aforesaid this 2 4 t h d~y o( ' •~~~Q$~~. ' A. D. 19 7 3 ~ ` . : ~ .o? R~~: = : ~ ; . ~ ~ ~ ` 2~~~ - i . . ' ' . , } - p ~ " . . - : t14~D aK~ ;~c:G~"~lA. ` . . ~Q~MT~f y~ _ • . . . gT. Wr:~; ~-q~* ~ ~ ` ~ . a~~ ' :?T ~ ~dRT - G~CM?~ L~ a~~ ±1F". Vf=~~ ~ ~ Oc~ 31 1 ~2 ~H'~ 3 . ~ ~ ~s~~~ ; . 29,000.00 17iu I~u~rrim~n~ prrparrd by: . _ . 7 Addrrss