HomeMy WebLinkAbout1499 and shall perform, comply with and abide 6y each and every the ogreemsnfs, sffpulalioni. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, ahnll cease, de-
termine and 6e null and twirl.
~i1L1~ the mortgagor heroby further covenants and agrees to poy promptly when due the principal and
inferrst and other sums of money provided for to acid Hole and this mortgage, or either; to pay all and
singular the faxes, assessments, levies, liabilities. obligations, and encumbrances of every nature on said pro-
perly; fo permit, commit or stiffer no waste. impairment or deterioration of said land or the improvements
ther+ecn at any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than N/A
in a company or companies acceptable to the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insttrnnce tht
mortgagee shall have the right to roceive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid 6y the mortgagee bemuse of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; 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 any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
o? any other right hereunder, and all such payments shall bear interest from dote thereof at the highest law-
f
ul rate then allowed by the laws of the State of Florida.
~l arty sttm of money herein releRed to 6e not promptly paid within 30 days nazi njter
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notu~ithslanding. Failure 6y the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
hhereafler accruing.
~n ~~uleSS ~het~of, the said mortgagor has hereunto signed and sealed these presents the
day and year first above tvritfen.
Signed, Sealed and delivered In the pIPSPI1cP Of : ~
• ep F. Kos
Dorothy J. sterttlan
r
E
STATE OF FLORIDA,
~ COU;VTY OF ,~;~uC~,~C
I HEREBY CERTIFY that on this day, before me, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
t his wife
1 Joseph F. Klosterman t~
to me known to ix the person 3 described in and who executed the foregoing instrument and Who acknowkdaed 4
s before me that the }Executed the same. a~
~Y11'NESS my hand and official seal in the County and State last aforesaid this ~ ~ day o[ ?
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MAy A. D. 1979 jC``•^ 4
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.919 r'AY 25 Pty ~ ki;: - ~-o.~t_
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NOTARY PUBLIC ~ _ ~•.~'.l; t~~ ~
IIEt) ANO f?ECLkuEt7 ~
AERIt CIRCUIT CtIUR_L~~ ` i
~ ~vt~=~I~r_ ~'~f MY COA~iISSiON ERPIRES: '
/11 /1 ~ Notsry Public, State of Florids at large,
~ '-T~sr ~ Cprwnission Expires Feb. ~1, 198,x.
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!!~u bulnint~nl psrpa>7•rl hy: G R
BUSK 3U~ ;,,i,t 1497
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