HomeMy WebLinkAbout1182 and shall pe~Jorm, comply u~i1h and abide 6y each and ei~ery Ihe agreements, sttpulalion's, rnndilions nnd
co~~enanls IhertwJ, nnd oJ this morlfla~e. Il~en this mrutgage ancl Ihe estate h~.~6y created, s{~a11 cease, de-
termine antr ~e nu~~ antr i~oi~. ~
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Iin~ fhP morf~agor ~~en•by (urfl~er cov~nanis ant~ agreea fo pay promplly when due 1he p~incipal and
inleres! anc~ ol~~er sums o( money proni~ec~ ~or in said nofe and t{~is mortgage, or eifher; fo pay a« an~
sinflular thp ta.res, assessmenls, levi~s, liabililies, o6li~alions, and encum6rances o~ every nature on said pro-
peNy; to ~x~rmil. commit or suJf
e~ no wastP, impairmenf or deterioration o~ said land or the improvementa
f~Prncn at any lime; lo k~p~ ihp buildin~s nou? or herea(fe~ on ~~id land ju~~y instued in n sum oj not ~ess
~1,an insurable value
in a company or compani~s nn-~n~a6le to the morlgnflee, ihe policy o~ policies to 6e held 6y, und paya6le
!o, saic~ mort~~ngee, an~ in f~e enenl any sum oj money 6ecomea ~,yn6t~ 6y virfue oj such insurance the
mortgapep shall hane tl~e right to rc~ceiue and opply Ihe same to the inde6tedness hereby secured, accounting
to t{~e morlganor for any surpl~fs; fo pay n~~ cosfs, c~arpes, anc~ expenses, inc~uding ~awyers Jee~ and tif~e
searc{~es. r~asonaE,~y incurre~ ar ~n~d 6y ~he mortganee because o( I~e ~ai~ure o( fhe mortgagor to prompt~y
aner jully comply u~il{~ ff~e agreemenfs, sfipu~alions, concjitions anc~ covpnants o~ sai~ nofe an~ t~is mortgetge,
o~ eitl~er: !o per~orm, comp[y u~it{~ and a6ide by each and e~ery the agreemenis, stipulations, condilions and
coue~anfs sel (ort/~ in saic~ note and. l~is mortgage or either. ~n !he eue~i the mortgagor ~ai~s to pay w~en
due any tax, assessment, insurance premium or oll~er sum oJ money payn6le 6y viriue o~ said nole and this
mort~age, or eiftier, t~~e mortgagee muy pny fhe same, withouf wniving or a~Jecfing Ihe option to lorec~ose
or any ol{~er righf hereureder, and aII sucl~ paymenfs shall bear interest (rom clate thereo~ at t~e I~Igl~esf law-
(ul rnte lhen allou~ecl by ~he lau~s oJ the State oj Florida.
~l ~ny sum oj money herein re(erred lo tie not prompf~y paid wifhin thirty days nexf a~ter
the samp 6ecomes dtrp, or iJ each and pvery the agreements, slipulalions, conditions and covenants oj said
note and Ihis mort~a~e, or either, are not fully perjormed, complied with nnd a6~ded 6y. lhen t6e enlire
sum menfioned in said note, nnd t{~is mortgage, or the entire balnnce unpaid tl~ereon. Sha~r lorttiwitl~ or
therea/ter, nt the option oJ tl~e mort~agee, 6ecome and 6e due and paya6le, anytl~ing in said noie or 6erein
to Ihe conirary nolu~ill~slancling. Failu~e by tl~e mo~tgagee fo exercise any of ftie rifl~ts or options kerein
pronicled shall nof constiiute a waii~er oj any rig{~fs or options under said nofe or f~is mortgage accrued or
iherea(fer accruinfl. .
Dn ~itness ~hereof~ fhe snic~ mortga,qor ~as I~ereiinlo signee~ ancl seale~I fhese presents f{~e
~ay anc~ year ~irsf ahone irriifen.
Signed, sealed a?it~ delireretl in the presenc f: L{~
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-Ph J ~be . .
- D NIEL B . W ~tDG~/
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---~./tiL~=-~ - - - ~~-~-l - ~
. Ol A. Piilo GLORIA I. WARD
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~ ~ MICHIGAN ,
t
STATE OF b'~ ~
~ ` COU:~TY OF OAKL~A.*TD
~ I HEREBY CERTIFY that on this day. betorc me. an
~ officer duly authorized in the State aforesaid and in the County aforesaid to tal~e acknowkdgments, penonally appearcd
~ DANIEL B. WARD and GLORIA I. WARD, his wife
~ to me known to bc the penon g described in and who executed the forcgoing instrument and they lcknowkdged
a be(orc me that they ~accuted the same.
~ WI7'NESS my hand and ofticial seal in thc County and State last aforesaid this 13th day ot
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n A. D. 197
f ~ February
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~ ud h--- \
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_ Notary Public, County of Oakland,
Y State of Michigan
~ My Ca~nmission expires: 12-4-71
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_s
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~ Thu I,~.cnru~,r~d prcpn~cd by: Byron T. Cooksey -
~ p. o. BoX ~ so B~ ~.~3 ~~~~i
- A~/~ress Vero Beach, Florida 32960
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