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Home My WebLink About2673 _ and shall perform, comply wish and abide 6y each and every the agreements, stipulationi, conditions and catenartfs thereat. and of Ihls mortgage, then this mortgage and the estate hereby c?rafed, shall cease, ds- termine and he null and void. ><i~ fife mortgagor hereby further covertanfs and agrees fo pay promptly urhen due the p?tncipal and ittferesl o?td aiher sums of money provided for in said note and Ihis mortgage, or either; fo pay all and singular the fares, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty: to 1?Prmit. commit or suffer no waste, impairment or deleriorolion of said land or the improvements 1helecrt at arty lime; to keep the buildings Hour or hereafter on said land fully insured in a sum of not less than FORTY THOUSAND TWO~HUNDRBD and No/100-------------------($40,200.00)------ in acompany or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable to. said mortgagee, and in flee event any sum of money becomes payable 6y utrttre of such tnsuronce the mortgagee shall hate the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus: b pny all costs, charges, and expenses, including lawyers ~ fees and tttle searches, reasonably incurred or paid 6y the mortgagee because of the tailtue of the mortgagor fo promptly and jolly comply uritlt Ilte attreenterrts, stipulations, conditions and covenants of said note and this mortgage. • or eiflter: 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 arty far, assessment, inser?artce premium or other sum of money payable 6y virtue of said note and this morfpape. or eiflter, the morfpapee may pay the same, without waiving or affecting the option to foreclose or anx other rig/et heretrntler, artd nlI such paymentsLShall bear interest from date thereof at the highest hsw- flll MfP `then allotvttrl by the Ia1tJ Oj the Slate Oj l'IOrfda. any sum of money herein relerrnd fo he not promptly paid withinTllirty (30) days next after Ilte same becomes due. or it each and etery the agreeme?ets, stiptrlaliores. conditions and covenants of said note and This morfyatte, or eiflter, are riot fully performed, complied with and abided 6y, then the entire sum mentioned in said note, a?td This mortgage, or the entire balance unpaid !hereon, shall forthwith or thereat ter, at the aptio?t of life mortgagee, hecome artd be dire and payable, anything in said note or herein fo the contrary notwithstanding. Failure by the mortgagee to exercise any of the tights or options herein protidPrl shall not conslNute a waiter a/ any rights or options under said note or this mortgage accrued or Ihereaf ter accruing. • ~n ~i~nfss ~heCeof, flee said mortgagar has hereunto signed and sealed these presents the day and year first above ttritlen. THIS IS A $ALLOON MORTGAGE AND THE FINAL PAYMENT OR THS CE DUE UPON MATURITY IS $29,346.00, TOGETHER i+iITH ACCRUED INTEREST, TF ANY, AND Signed, se d and delitered in the presence of : ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDE ~ THE TERMS OF THIS MORTGAGE. ~1... <~iiZd.~ ~.,r.0~.~~ . ~ER J. CK VIRGINIA RICK I . - - _ - - ~ f ~ i i STATE OFD OHIO } I HEREBY CERTIFY that on this day, before me, an oififer ctul}- authorized in the Stair aforesaid and in the ('.ounty aforesaid to take arknowtedgmrnts, personally appeared LESTER J. KRENRICR and VIRGINIA KRENRICK, his wife s ~ to m.• known to hr the persons described in and who e>;eruted the fore¢oinq instrument and they acknowled;ed ~ i tx(ere rnz• that they executed the same. I N ~ ~~'Il \ESS my hand and official seal in the• (:ounty and Stair last aforesaid this day of i May, :1. D. 19 79. i 3 ~ No r1i Pub My Ct~ission Expires: NARCtA LONdENE KEi~ s _NP'a?!'a' Publlq Medina County, Ohk ~ tM.ylQnmmlenJon Exn~-es July 12, 147 _ ' • ~T9 1~AY 16 PM 2~ 19 . , a'~. ' • FlitO Aft!) PECGhDED ~ = 51.LUCIE CGUYTY.FLA. - : ' ROGER POITRAS y' ~~<<~ , 'J_ _ CLERK C1RCUi1 LOUR~~~ a cz"Z~~U %is l~u/nas~rr/ prrprrrri/ hy: ARIF PARUPIA nrfii'rrxt LAWYERS TRLt: tNS. CORD Q R r~ 9999 S. U. S. 1 LQ~}(VV~J F~3raf~~ P. -t St. Lucie, Florida 33452 • ~ ~