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HomeMy WebLinkAbout2539 and shall perform, comply with and abide by each and every the agrekenents, aftpulnttoris, conditions rend eouenanls thereof, and of this mortgage, then this mortgage and fhs estate hereby created, shall txwe, de- termine and 6e null rend twirl. fhs mortgagor hereby jwther covenants and agues fo pay promptly when dtte the principal and interest rend other sums of money provided for in said note and this mortgage, or either; to pay all rend singular the faxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- perly; fo permit, commit or suffer no waste, impairment or deterioration of said land or fhs improvements fherecn at any time; to beep the buildings now or hereafter on said land fully insured to a sum of not leas than highest insurable value. in a company or rnmpanies acceptable to the mortgagee, the policy or poltciei fo be held 6y, and payable to, said mortgagee, and in the event any stun of money 6ernmes payable by virtue of such insurance the mortgagee shall have the right to receive and apply she same to the indebtedness hereby :scored, accounting to the mortgagor for any su?pltts: fo pay all costs, charges, rend expenses, including lawyers fees and title searches, reasonably incurred or paid 6y the mortgagee because o/ the jailtue of the mortgagor to promptly and jolly comply -with the agreements, stipulations, conditions and eotn?nants of snid note and fht: mortgage. or either; fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in snid note and tht: mortgage or either. In the event the mortgagor jaib to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either. the mortgagee may pay the same, without waiving or ajjertfng the option to foreclose or any other right hereunder, and all such payments shall 6enr interest from date thereof at the highest Inw- (ul ratetthen allowed by the laws of the Stnfe of Florida. - any sum of money herein referred to be not promptly paid within thirty days next after the some becomes due, or ij each and every the agreements, stipulations, conditions and covenants of said nota and this mortgage, or either, are not jolly per/ormed, complied with and abided 6y, then the entire sum mentioned in snid 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 notwithstanding. Failure 6y the mortgagee fo exer+cise 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 thereafter accruing. ~n ~~uleSS ~h~eof, the said mortgagor has hereunto signed rend sealed these presents the day and year first above written. Sig ed sea n delivered in the presence oj: •r---•---------•----------------•---------------------------- - ~ j' - CHRISTINE'--D, -..STER'---------------------------- f STATE OF FLORIDA, COUNTY OF p I HEREBY CERTIFY that on this day, bcforc me, an t otfictr dul authorized in the Statt a(orruid and in the Count aforesaid to uke acktwwkd E Y Y gmrnb, pcnonally appeared ' John A. Koster and Christine D. Koster, his wife to me known to be the person 3 descn'bed in and who executed the forcRoin; instrument and wh(~cktawkdRed before tits that they executed the same. W I7'NESS my hand and official seal in the County an to last aforesaid this day of ~ June A. D. 19 80. ~ Lam.- 1 ARY PUBLIC % . - ~.,.a,t~i,;j. MY COrr'.;fSSiC= . . - _ ;3 ~ - _ . {~ti aY ~ s'r .'M 4 ~4~ ty~ ~`~:et~ 77,it Intttumir~f~wl~il;~ by: BG X~ P1GE~~~ Addtxr 1 I