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HomeMy WebLinkAbout1095 and shall perform, comply u~ifh and abide Ly each and every the agreementa. stlpuluttons, condflfons and c•ovenanfs thereat, and of this mortgage, then this mortgage and the estate hereby created, ahall cease, de- termine and be Hall and raricl. end the martgagor hen+by further coc~enants and agrees to pay prumplly when due the principal and irrlerc•sf and oflter sums of money provided for fn said Hole and this mortgage, or either; to pay all and singular fife IaxPS, assessntenls, levies, Iialrtlilies, obltgaliorts, and encumbrances of every mature on said pro- perty: fa permit, commit or suf JPr rto u•asfe, ~impairme?rt or deterioration of said land or the improvements Iherrcn al any time; fo beep the buildings now or hereafter on said Land fully insured in a sum o/ not less than --------------highest insurable value-------------------------- in a rnmparcy or companies acceptable fo the mo.?lgagee, the policy or polir•ies to be held by, and payable to, said mortgagee, and in the event any sum of money bernmes payable by virtue of such insurance the mortgagee shall ?tave the right to receive artd apply the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; fo pay aII costs, charges, and expenses, including Iauryer~s fees and title searches, reasonably incurred or paid by the mortgagee becarue of the failure of the mortgagor fo promptly and frilly comply with the agreements, stipulations, conditions and cot*enanls of said note and this mortgnge, or either: fo perfernt, comply u~itlr and al,ide by each and every the agreentertts, stipulations, conditions and conenartls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessmenf. insurance premium or other seem of money payable I,y virtue of said Hole and this mortgnge, or either, ilie mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all sru•h payments shall bear interest (rum dafe'fhereof at the highest law- _ ful rate then allotued by the laws of the State of Florida. ~L any sum of money herein re(errpd to be not promptly paid wifhfn ~Y'tY (30)days next after the same becomes due, or if each and every Ilte agreements, stipulations. conditions and covenants of said . note and this ntorfga~te•. or either. are not fully performed. complied with and abided 6y, then the entire sum mentioned in said note, a?rcI this morlgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein prouidecl shall not constitute n u~nis~er of any r:.thls nr nl.finnc tender said mote or this morlgage acnued of thereafter accruing. ~1` ~h~Of, llre said mortgagor ha3 hPrPUntO SlgnPa and SPalpd lheie presents the ,{ay nil y ar fir bore u~?itlerr. THIS IS A BALLppppN~ MORT AGE AND THE FINAL PAYMEN OR T~iE ~ALA~C~E DUE UPON MATURITY IS ~41 02 TOGETHER WITH ACCRUED INT ST IF , D pj,L ADVANC N S 1d1AD~ B~ THE MORTGAGEE UNDER TH t Sign ,sealed and ~ered in the presence oI: TERMS OF THIS MORTGAGE. i ~ ' _ 1~... l~tc N~l~.. f? • /c/~, ~ , ~ ~C HN [i .~,y. - - ~ i STATF. OF FLORIDA, COU\TY OF V ~ ~ ` ~ I HEREBY CERTIFY that on this day, before me. an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared I' DONALD J. McKENZIE and MERCEDES McKENZIE, his. wife, to me known to be the persons described -in and who executed the toreQoinq instrument and they acknowkdsed t txfore me that they executed the same. ^0~ ' ~ N'17:\ESS my hand and official seal in the County and State last aforesaid this ~ ~ ~'t~'tc"diyr.p( ~OV~~nt3FCZ A. D. 19 80. ~:,`1 •.t . ~ f r\ r 7~i~.•i - ` ~ • ~ ~ ~ - g I F!~=^ ~ - CEO NOT R P BLIC, tate:' ` ~ ~oriy}A - cT~ ~A. i I a t La ge . - ' ~ 1 C. ; i ,~.~1 My Co fission Expires~i;. - • ire ~ `r . _ Nov 5 3 PM '8© ,.:,,+?,t,,.~~~' ' 1NOt1MY f1a»K AA1E Of RG1110M At AAteGiE i • 56136 ,o°~ "'u~uf i„s f'NS i . f d f ndrf~ ..~~:L~,,~;r,.s~4-i+ Eta Sad Sl ite~ic~~ t~6_E~~ i~~ F~;ce, fkr~a - r - - _