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HomeMy WebLinkAbout0876 a?td shall perform. eowtply with and abide by each and e•rery the spreemenb, atfpulattoria. oortduiwu and cotenants fhenro(, and of Ihb mwipope, Ihen thL maMpape and the estate hereby created, ahaU cease. de- termine acid be null and troid. the mortgagor hen~by further cot?e.tanfa and apnea ro par pomptly when dw the prirtcipol and inle?rst and other soma of money provided (o? in said note and fhb trtorlpape, ar tither: fo par all and stngula? the tares, assessme`?tts, kvita, llabilllies, obligations, and enctrwtbrartcva of etrery nsttrre on said pro- perly; fo permit. commit or suffer rw waste. impairment or deterioration of said land ar the iwtpronewsen4 lherwcn al any lime; to ~P the buildings now or hereafter on said land f uQy instrrrd In a suwr of not leas than the highest Insurable value. in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable fo, said mortgagee, and in the et?enf any sum of money bec~orrtws payable by vi?ttte of such insuronce the mortgagee :hall hate the right to receive and apply the some to the indebtedness hereby secui^ed, accountirsp to the mortgagor for any surplus: to pay all costs, charges, and expenses, tncludtrtp lawyers fees and title sear+rhPS. rpasonahly inctr?rPCI or paid 6y the mortgagee 6erattse of the (oilcan of the wsortgagor fo prorwptly and jolly comply with the agrremertts. stipulations, cortdiliorts and eorersartb of said note and fhb wrortpape. or either; to perform. comply urith rend abide 6y each and every the apr~eements, stipulations, eortdifiorts end cotenants set forth in said note and fhb mortgage or tither. In the event the wsorlgepor (sits fo goy when due any fax, assessment, insurance premium or other stow of money payable by virtue of said Hole and this mortgage, or eiihPr, the mortgagee may pay the same. without waiving or a((edirtg the option to foreclose or any other right herPtrnder, and all such pnymenb shoU bear interest frww date thereof of the highest law- f cal rate then allowed by the lours of the Stale of Florida ll any stem of monPV he?sin re(emed to be not prwwpfly paid within ~ 5 dsya next a(1er the same becomes titre, or i f each rend Peery the agrePmenb, stipulations, eorrdilions and covenants of said note and ibis moriyapP, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the eettirr balann unpaid thereon. shag (arfhurith o? the?Pafter, of the option o/ the morlgagPP, bPCOwte and 6e due and payable, anythirrp iw said note or herein fo /hP confrory nofurilhsfanding. Failu?P by the morlgoper to Pxencise any of the rights or options herein pror`idPd shall riot ewtsfiftrtP a uraitrPr o~ arty rights or options under said note or Ibis mortgage accrued or IhPrPajlPr accruing. ~n ~~uleSS ~11C['~Vle the said morrgapw I~as hereunto signed and sealed Ihese presents the dntr acid .Par lircf AbA1`P rrrifirn. THIS IS A BALLOON MORT6A6E AND THE FINAL PAYMENT OR THE LANC DUE UPON MATURITY IS 617,855.67 TOGETHER MITH ACCRUED INTEREST IF ANY AND ALL A ANCE- SignPd, sealed and dPlir~rd in fhP pmsvncP o(= I NIA MRTE 6E THE MORT6~6EE UNDf;R THE TE OF ~ ' • - - - - - - - C LES .D. CK - 0 E~ R CYC 1 _ I F E i ~ STATE OF OtX~ OHIO ~ I HEREBY CERTIFY that oa this dar. trelore me. sn M officer dul.• authorized in the State aforesaid and in the County aforesaid to takr ackaowl:dsmeat:, persmaliy appeared ~ I CHARLES D. EMRICK and ESTHER E. EMRICK, his wife to me krwv~-n to be the pcrwnS descn'bed in and who executed the forr~oin[ instrument aad they acknowkdRed before m~ that they executed the same. ~ ~ ~~'I7 NESS my hand and official seal io the.~ypty and State last aforesaid this Z 3 ~D day of I ~ U Ly A. D. 196D ~ f t ! • ~,..'..~!-fir''-: _ NOTARY PUBLIC :r s ~ ~ . . M~ ~t)MMISSION EXPIR-- - - - tp'~ - - ~~80 At~~ -7 k~: Its 5S M~4rar°~iirn~s.~a' l ~ •1. ~ t ~ fILE~O shl: t: ~ SL f?G ~ COtAi T A. r'`•f',~~:",i~`~ . RoiiER i'OITRA~ - CLERK CiRCWi CMiJj?~ tcti'_ , ~L' T , - ~ _ i 77iis I//f/R///H'/f/ p?rpnn~ by: r.:: ~ - t~ •~''`'~Y` X336 8?4 _ -~z ~ 4~