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and shall perform, comply with and abide 6y each and every fhs agreements, sfipulalioria, conditions and
covenants thereoj, and of this morlgape, then this mortgage and the estate heresy created, shall cease, de-
termine and 6e null and void.
the mwtgngor hereby Jtuther rnvenants and agrees to pay promptly when dui the principal and
interest and other soma of money provided Jor in said note and this mortgage. or either: to pay all and
singular the tarps, assessments, levies, liabilities, obligations, and enctun6ronces of curry nature on sold pro-
perly; to permit. commit or suffer no wcate, impairment or defe?iorotion of :aid land or the improvements f
fhprecn at any time: to ~ppp the buildings now or hpreajtar on said land Jolly insured to n sum of not less
than full insurable value.
in a company or companies acceptable fo the mortgagee, the policy or policies fo be held by, 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 to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor Jor any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title
searrhps, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and Jolly rnmply with the agreements, stipulations, rnnditions and covenants of said note and this mortgage,
or either; fn perform, rnmply with and abide by each and every the agreements, stipulations, conditions and
covenants set Jorlh in said note and this mortgage or either. In the event the mortgagor Jails fo pay when
due any tax, assessment, insuronce premium or other sum of money payable 6y virtue of said note and this
mortgage, or sifher, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest Jrom date thereof at the highest law-
f ul role then allowed by the laws of the State of Florida.
any sum of money herein relprred to 6e not promptly paid within 3U Jaya next after
the same becomes due, or iJ each and every the agreements. stipulations, rnnditiona and rnvenants of said
note and this mortgage, or either, are not fully performed, rnmplied 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, al the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the confrory notu~ithsfanding. Failure 6y the mortgagee fo exercise any of the rights or options herein
ptrovided shall not constifttte a waiver of any rights or options under said note or thin mortgage accrued or
thrriK,jlPr aCl'~uiOg.
~n ~~uleSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the
day and year first above u~ritfen.
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Signed sealed and delivered in the presence oJ: -
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-------•---L(JiJ'•Gc ---~7~~~1r r--------------•-- ` .~~CiC.L-i.~u, ! --~~t~..--
William -F:~~Rern ;
IRS #
1
4
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FREC Mkt CGeJi 0 }
RCuER PClIRAS ~1~
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STATE OF FLORIDA. - S~~'a7V fr RI
COUNTY OF
I HEREBY CERTIFY that on this day. before me, as ~
~ officer duly authorized in the State aforeuid and in the County aforesaid to take acknowkdaments, penonaUy appeared
William F. Kern and Vivian S. Kern, husband and wife ~
to me known tot~ce the person $ described in and who es;ecuted the (oreRoinR instrument and they ackrwwkdsed
before me that nn y executed the same. ~
WI7TVESS my hand and official seal in the County and State last aforesaid this yd~ of • ;
//r.). ~
Notary Public •-~w• . - = c~`
~ MY commission expires`: •s „~O{
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