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HomeMy WebLinkAbout1560 and :ha[t ~Jorm, comply wi16 and a6ids by eor/~ and et?ery th~ agn~em~nl~, tltrwlatlo~u, cnndlllo~u ur~ c~o~rona~ts Ihe?eo/. m~d o~ tl~ts mortpag~, fhrn ~his n~ortgage and 11~s e~tot~ I~~reGy crwded. :I~c.U cYa:~. d~- fermine and bt r~t~l~ artcj twicl. ~ the mortga~or ~e,ti?br 1~e1~~. ~.,~.,i: and agrwe~ to poy pwmptly wl~e~ due the principnl and interrst and otleer sums of »~onay pmcic~erl ~o?~ in sai~ nole and 16is mortgaps, or eitk~r: fo pay alI and singu~ar fhe foxes, osseuments. ~eutes. Ita6iltlies. ob~IgationY, and encum~anc~es o~ eve?~l nalun on snF~ pro- {x~ty; fo perntil, commit or suf~er no waste, impairn~ent or dste?io~ntior~ oE :atd l~nd or f1~~ t~wprovemenb ihe. eon uf uny Ilme; to k~p Ihe 6utldinps nwv or h~reaJter on said [and /uIIJr t~sure~I !n n sum o~ not ~ess fl~an MAXIMUtiaI INSURABLS NAI~U~--•..•_-----------..------------------------ in a eoe?pany ot rnmpanies acrepfnb~s fo fhs morfgages. fhs po~icy or po~icies fo b. htW by. an~ payable to. said morlgagre, an~ in fhe event any sum o~ money bec~omei ~~6f~ 6y vi?tue of sueh ir•urancy t/ee ~ ~no?fgnget shall ~ave (he rig1~1 10 ?eceive a~d apply ~he same to ths i~edebtednesa leane6y serur8d, acc~ounting ~ to ihe mortgagor ~o~ any swp~us; ta pay a11 c~osts, charges. and expense~, including ~nwyers ~ees ond lif~e sc~a?rhes. n~oRably ~n~wred or ~;d by ~6e ,~,ote~og~ becauss of I~e ~ai~~u~e of the mortgngor lo prompt~y ~ and ~ully c~omply wilh the agneements, stipu~alions. ~o?~d~tto~ ~d oo~ants o~ snid note and t~is mortgye. or eilber: to pe?/orm, comply u~~~6 a?~d a6Fde 6y ea~h aRd et~ery the ngreementa, stipulations, condllions and ! eouenonis set lorth tn sa:d nole and fl~is mo?fgage or either. In the eoent fhe mortgagor ~ai~t io pny when ~ due anp tax, assessmenf, insu?onc~e preeniurn or othe~ sum of mo~ey papa6le 6y virfus oj sntd nots and t6ts mo?tgnge, or eilher, ~he morlgagec~ neuy pay f1~e same, without woioing or u~~ecltng the option to ~orec~ose ~ or any otl~er ri ~t /~errunc~er, an~ a~l suc1~ ~ 9 payments shuU bear interest j.+o~ daee th~.+~o/ at fl~e hig6est bw- ~ ~uI mte then allowecl by t/ie Iau~s o/ (h~ State o( Flo~ida. - j } a~ey sum oj money /ierein re(ened to ~e not prompt~y paid wifhi~ T$I~Y dopa ns:t ajter fl~e same becomes due, or if each and e~~ery t~ie agreemenls, stipulnfions. conclitions and eoc~enants of satd ~ note ancl t~is mort a p or eil~er, ore not ~j 1 9 9. ~u y per/onned. oornpGed with ond ab~d~d by. ther~ !he entirs sum me~lioned in snid note, nred tl~is mortgage, or t1~e eetir~e 6alanc~e unpatd t/~eiso~, s/wlI /orlhwith or the~ajter, at the optiora o/ t6e mor~gage~e, bec~ome and 6e due and papoble, anytl~ing in snid nofe or I~enin to tlee confrary notwiflutanding. Fatlurp 6y the mortgagee to exerrise any of the righls or opfions ~enin ~ P.+~~~ded :hall nof consfilule n waiver o~ any righfs or options under satcl note or f~is mortgage accrued o? Itie?ea~ter accruing. ~n ~~u`~ the said mwtga~o~ I~as 6er+eunto signed and sealed t6ese presents the c~ay an~ year first aboue wriflen. Signed, sea an delii in the prespnce oj: - ~ ' - . . - - - - F~iTL EN - • - - mNA~D E JAGOBSON ' ""'-"~r~ ' _ . - ' a"' - ' ~ ' ~ MINNESOTA STATE OF . ~ COUNTY OF ~p~j ~ ~ I HEREBY CERTIFY thae on th;s dar~ bdore me, an j) o(Gcer duly authoriud in the Stat~ a(orcsaid and in the County aforeuid to takc acknawkdgments~ personallq appeared i~ F. PAUL HARGARTEN to mc known to bt the ~ person described in and who executed the forcqoin~ instrument and he ~~k~,{~~ ~j beiore me that he executed t6e same. ' I! WITNESS my lund and official seat in thc County and State last a(omaid thu d oj D@CP.irib6t - A. D. 19 67 . . ' - - ~ ~ j ' ` , " ~ ~ ._~~~-._,..~.....~__~~.u~~..~-......_._.... !~j . . NOTARY PUBLIC ~ I~ ~ ' ~ea1 -.a - - - 1._=: _ My Commission Expir~s : ~ _ _ . , - i ~ - - • - ' - - . F~p ~ p REC~GEO'. T F-~-~~ ~-i . _ , ~ VUFZIfr t:=...:; ;i: nnapin Counh?. 1K'in14 ST.RV~ORD ~~L.~.~_,.~~ L~:~::~5 J~ a. ie~4 ~ : 21 '6i OEC ~ 1 :i a ;-o;~R s - . : eL RK CIRCU!'f C URT a~K169 P~~~548 - i - Y~,- - - - - - - - - _ ~ -