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~rtlUt~ip~1 Mj111F11JB. tleat if said alortgagnr shall pccy r~nto this said .~tortgagce
the certain pmnii•~sory notes, u/' erhecla flee ji~llure~ing in rvurds tenet ~igtcres is a trice copy,
to wit: _
NO S 5, 09Q. 00-.~..
_PDri _EiSt~6_- FLORIDA,-_October ---19_80
For value recei~•ed, 1 or wc, jointly and severally, promise to pay to the order o[
ED1~lARD K . KEMP and HELEN K . KEMP, his wife O
• 2726 N. I+lVonroe Street
Tallahassee _ _ Fl.oR1UA mac`
Five ~hot~sand and no/100--------------------------------------
- - - - - I~O1.I.ARS
at_ - resident_ address of --p~ee_ _ _ Florida, in_ 59 _ -monthly installments of
$ _101,.34____ each, and one installment of $-_1Qfl..~Z~., the first installment to become due and payable ar
or bc•fom the 19t}~_day of November -15-$Q., and one installment to become due a~ndlp~ayab~le on
or before the__- 19th _day of each succeeding month until the whale of said indebtedness is par'd, ~k7iC interest
fnnn _ d~~_~__--at the rate of_~$-per annum. ~ s~ ~fatllt QOntinues fob 15 days
I( ar?~•-instapmcnt of this note is not paid at the time and place specified, the entire amount unpaid shall be
dais and payable at the election of the holder hereof. All parties hereto, whether makers, cndonrn, surctic5, ~uar:uuors,
ur othcn.•rse, hereby waive demand, notice and protest. If placed in the (rands of an attorney for collection, we jointly
:u?d xserally agree to pay rcasanable attorney's fees. +~riCludi.ng ~ppel~.ate proc~edi~ng~ ~
Each installment first shall be applied itt payment o t-he interest
tmpaid balance of the principal stun. .
'This note may be prepaid in whole or in part at any time without penalty.
1)ur
ISF.A1.)
:Wdn•s~_ Bobby K. Underhill
'1'rlcNtrone No.- (SEAL)
Judith K. Underhill '
and shall perjorna, comply with and abide by eseh and every the sttpu[atcons,
agreements, conditio~es and covenants of said promissory note and of thi8 deed, then
this deed and the estate hereby created shall cease and be nwll and void.
.~tt~ the said ,,Mortgagor hereby covenants and agrees:
~ _1. To pay all ant! sin.getlar the Principal an+l interest and nthcr stems uj ne.uney
payable by r.•irtue ~?j said promissnrlt note an+l this deed, or eitltrr, prnmpt/rt nit the
' darts respectively the sums sce~erully conee due.
t ' ~ i
~ To pay all and sin~sular flee tares, assessne.enls, lee•irs, liuhilitit•s, nhlicsations
j untl encumbrances aj cr~ery n.utttre on said dt•sr•ribed prvp~rlJ eu~•h. unc! et~+~ry, and
i if the same be not promptly paid the said .Afortgagee may at any time pay the same
without waiving or affecting the option to foreclose or any right hereurcdzr_ and every
payment so made shall bear interest from the date thereof at flee rate of - --8$-----
per cent. per annum.
To pay all and singular the costs, charges and expenses. including laeuycr's
fees, reasonably incurred or paid at any time by said Jliortgagee because of the failure
on the part of the said .Mortgagor to perform, comply rc•ith and abide by each and
every the stipulations,-agreements, conditions and covenants of said promissory note
~ and this deed, or either, and every such payment shall bear interest from date at the
~ rate of ----8$-- per cent. per annum. i
~
j ~ To keep the building noiv or hereafter on suit land insured in a cunt nut
lrsstiaun its highest insurable value-------------------------------- ~ '
- Uollurs, in u cumpaie.rl or companies to ~ ,
( be approved by said .~liortgagee, and the policy or policies held by and payable to said j
.Alortgagee, and in flee event any sr~m of money becomes payable render such. policy or ~
` ' policies, the ~~lortgagee shall have t/e~e option to receive and apply the same on account
of the indebtedness hereby secured or to permit the .Mortgagor to receive and use it, or
any part thereof, for of/eer purposes, without thereby iaaiving or inipairing any equity
_ lien or right under or by virtue of this mortgage, and may place and pay for such
insurance or any part thereof, rvithot~t waiving or affecting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest from date
at the cute of --8$---- per cent. per annum.
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