Loading...
HomeMy WebLinkAbout1276 • ~ and shall perform, comply with and abide 6y each and every the agreements, atipulationi, conditioty and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de- termine and 6e null and troid. the mortgagor hereby further covenants and agrees to pay promptly when due the principal and interest and other sums of money provided jor in said note and this mortgage, or either: to pay all and ~ singular the taxes, assessments, Ieutes, linbtlities, obligations, and encumbr+ctrtces of every nature on said pro- perty: to permit, commit or suffer no waste. impairment or detertorotion of snid land or the improvements lherecn at any lime; fo keep the buildings now or hereafter on said land fully insured in a stun of not less than N/A in n 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 Insurance the mortgagee shall have the right fo receive and apply the name to the indebtedness hereby secured, accounting to the mortgagor jor any surpltts; to pay all costa, charges, and expenses, including lawyer's Jess and Title searches, reasonably incurred or paid by the mortgagee because of the jnilure 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, rnmply with and abide 6y each and every the agreements, atipulntions, conditionu and covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insuronce 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 of jecting the option to foreclose or any other right hereunder, and alI such payments shall bear interest from date thereof at the highest law- fttl mte then allowed by the Laws of the State of Florida. - arty•sum of money herein referred to be not promptly paid within 3U days next after the same becomes due: or if each and every the agreements, stipulations. conditions and covenants of -snid nofa and this mortgage, or either, are not fully performed, complied with- and abided 6y, then the entire - sum mentioned in said note, and thin 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 notwithstanding. 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 snid note or this mortgage accrued or Ihereajler accruing. ~n ~itneSS thereof, the said mortgagor has hereunto signed and sealed these presents the _ day and year first above written. Sign Baled and d/feli~vered in the presence oj: ~ ~C. CHAP.D E ~'NEZ~ WTTNESS------------ ---Ltt/~---- - ---AI:if:F--i'I.:-..KENIiED7t--------------------------------- ~J i I i STATE OF -pdfi~l. I~ENA~t UI4I4 i~ ) COUNTY OF I.JASN /N b Yt)~ tl I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ackrawledgments, personally appeared ~ RICHARD E. KENNEDY and ALICE rt. KENNEDY, his Wife to me known to be the person $ described in and who executed the iorcgoinq instrument and they ackttowkdged lxfore me that they executed the same. WI1:\ESS my hand and oiiicial seal in the County and Stair last a[oresaid this / s~ day of A. D. 19 8(1 ~ . -,~i ; . r n~,AL - •b t - ~ 4 ~.3~Jr PDR'LIC ? 'tom s 3 v4s • ~ : i MY CC1I~RtISSION EIPIRES 'i: _ . - 190 APR 15 A~1 ~ I~ 31 _ . ~ ~ MARY JANE O'A;:NIBALE, NOTARY. } , = ; v - ftlEC At{E ~!:CUAUfD ALtENPCZT BORO, WASHINGTGN CO • _ i f-_' - ST.LUC E CCUNiY.fIA. wr CC!d~iS5i0~i EXPIRES OCT. 1~, 19t1d:'.'_;'~, RGG~R PUITAAS tdttnber,PernsylvznuAssxiaUonofNotariK - c~Eex circul ~ u~t~ - 1't tr i,~~`IfA~rIC~ - ; Tliu hulnrrruni prcpnrrJ by: t~ ~,{329 p~1275 ~ I