HomeMy WebLinkAbout1550 and shall perJorm, romply wilh and a6ide 6y each ond enery Il~e agreements, sttpulattoris, cond~tioni and
co~~enants thereoJ, and oj thia mort~aue. tl~en Ihis mortgage and tl~e eatate hore6y crealed, ahall cease, de-
fermine ancl tie null anc~ voi~~. !
~n~ thP murt~a~ur hen+bp (urt~er covenanis and agrees to pay prompl~y when due Ihe p~incipn~ a?~
inferesi and of~~e~ sums of money proviclecl ~or in sai~ nole and fhis mortgage, o~ eiftier; to pay a~~ artc~
~ingular fF~e taxes, assessments, ~PI~IPS, lia6ilities, obligations, and encur~ibrances o~ every nalure on snid pro-
perfy: fo pe~mit, commit or su~(er ?io u~aste, impnirmenf or deferioration oJ sai~ ~anc~ or Ihe improvements
Ih~~rncn at m~y time: to kPPn ~hP bui~din~s now or tierpa(Ier on soid land ~u~~y insured in a sum oj not ~esa
than highest insurable value
in a companv or companies acceptati~e fo the mortgaflee, the po~tcy or po~icies fo 6e held 6y, nnd poya6le
to, snid mortqnc•ee, and in thp ei~enf any sum of money becc,~~:es paya6le 6y virtue o( such insurance tF~e
mo?tgayee sf~all haue the right fo ~~rei~e and apply the same !o the inde6tedness here6y secured, aceounting
to fhe morfga~or ~or any surp~us: io pay a~~ costs, ctiarges, and expenses, inc~uding ~awye~ s~ee= and filre
searrh~s. r.~asona6ly incurre~ or paic~ by the morlgagee 6RCause o~ i~e ~ai~ure o~ ttie nlbrlgagor fo prompl~y
ant~ Ju~~y comp~y u~ith t{~e agreeme~ils, sfipu~ations, conc~ifions and eouenanfs o( said note ond this mortgage,
or eif~~er; fo pprjorm, comply u~itl~ a?id n6ide 6y eacl~ and every !he ngreements, slipu~ations, condifions and
covenanfs set ~orth in saic~ note anc~ t{~is morigage or eilher. ~n the et~ent the morfgagor (ai~s to pay when
due any tn.r, nssessmenf, insurance premium or o1F~er s~im oj mo»Qy ~yn6le 6y ~~irtue o/ said note nnd this
mortpage, or eit~~er, IE~p mortgagee may pay ttie same, wi!{~out u~aiving or a~fecting thp option fo ~orec~ose
or any oiher ri~{~f I~erPtuu~cr, and a1l suc1~ payments shall bear inlerest ~rom date tl~ereoJ at the highest law-
~u~ mfe 1{~en a~~otvec~ ~>y I~ie ~au~s o~ f~e $fale oF F~ori~a.
Dl any sum o~ mon~y herc~irt ~e(pnec~ !o be not prompt~y paid within Fifteen dnys nexf nJter
Ihe same becomes due, or ij each ancl enery II~e agreempnts, stipulafions, conditions and covenants of said
note an~1 this morlyac~e, or pilher, are not ~ully per~or?rtPC1, complied wit1~ and a6~ded 6y, tF~en the entire
sum mentionec~ in sai~ note, a?i~ f~is mortgage, or ttie entire 6a~ance unpaic~ t{~ereon, shn~~ ~orttiwit~ or
tF~e~ea(ler, at 11~~ option o( the mortga~e~, 6ecome and 6e due and pnya6le, anything in said note or herein
fo fhe ronlrary rioiu~if{istanc~ing. Failure 6y the morfgagee fo Pxercise any of the rig~ts or options ~erein
pronic~ecl s{ia~~ not rnnstifutP a iaai~~er oj nny righls or opfions under saic~ nofe or f~is morfgage acrnied or
. t{~ereaJfer act-ruing.
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~n ~itness ~hereof~ Ilie said mortryagor has I~ereunlo signecl and sealecl fl~ese presenls ihe ;
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cray ant~ ~~ar ~irst nho~~e tvrillen.
Si~net~. s~alPrl ancl tlelirer~t~ in Itie presrncP o~: ~
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E. KAISER ~
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~ STATE OF f6A~}~A,i` ~
~ COU\'TY nF ~t`~i`'~
I HEREBY CERTIFY that on this day, beforc me, an
~ officer duly authorized in the Stat~ afor~said and in the County a(oresaid to tak~ acknowledgmenu, personally appearcd
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CNA.~2LES E. KAISER and LENORE KAISER, his wife
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to me known to br the prrsorS described in and who execut~d the forcgomg instrument and t}1Q~/ 1p~kN~~~dged
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~ befor~ mc that ~eY tx~cuted the same. ~ O~~
~ ~~'I"1'NESS my hand and official ual in thc C:ounty and Statc last aforesaid this Z s ~\1.a~Y ~
~?t A. D. 19 73. : -
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I o~ary }i~11c~' ~~t
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~ My Commission Expires: TirAl C. :~,:;..v
My Ce,:,~,;;,,.~.. • illE~ AhC~ REC03DEU
~ ~ r'•' ==~i~~•~~Lf L~, xJ Si. IUCI~ COUNTY FLA. Inw
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RO~~ER Pp~TRAS
r~ yLE~K C~::;,UiT COURT
~ ~EC!`R~ vE~°~~En__~.
~ Nor 5 I is PH'73
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~ 2f~'7'711
Tl~is /ri~lni?~r~~ir~ prr~+~~r~~~l 1~~~: ~ wit /~(~/j~y~//~~_~~~~¦ 11
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