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HomeMy WebLinkAbout0125 12. That, in order more fully to protect the security c~f this mort- . gage, the mortgagor, together with, and in additio~ to. ttie monthly payments under the terms of the note secured hereby, on the first day of each month until the said note is fully paid, and in addition to the provisions hereinbefore made, will pay to the mortgagee the following sums: (a) A sum equal to the premiums that will next become~ due and pay- able on policies of fire and other hazar3 insuranre rn~~ering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all is estimated by the mortgagee)less all sums already paid therefor divided by the number of months to elapse before one month prior to the date when such premiums, taxes and assessments will become due. (b) All payments mentioned in the preceding subsection of this para- graph and all payments to be made under the note secured hereby shail ue added together and the aggregate amount thereof shall be paid uy the mortgagor each month in a single payment due upon the first of each and every month he reinafter Any deficiency in the amount of such ag,gregate monthly payment shall~ unless made good by the mortgagor within thirty (30) days next after the same becomes due and payable, constitute an event of default under this mortgage. 13. ' If, however, the monthly payments made by the mortgagor under (a) of paragraph lZ preceding shall not be sufficient to pay taxes and assess- ments, and insurance premiums, as the case may be, when the same shall become due and payable , then the mortgagor shall pay to the mortgagee any ~ amount necessary to make up the deficiency, on or before the date when payment of such taxes, assessments or insurance premiums shall be due. ' IN WITNESS WHEREOF, the said mortgagor ha~L~a~cR~~~and and seal the day and year first aforesaid. ST. LUCtE COUNTY. FLA. RE CQRb V~Rl~lED Signed, sealed and delivered ~~~3~? ; in the presence of: ~T 6~ 2: 5~ ~R ~ ~ ~ ~ ~ ~ /~.-~.,c~..~ ~~~f' ?~c.~ir~~ ~r ' ~'"v ~ (Seal) ~ S C~K CI i T COURT' ~Seal) r ~ ; - Martha W. Tews i STATE OF FLORIDA ~ COUNTY OF Orange Before me personally appeared HANS W. TEWS and MARTHA W. TEWS, his wife To me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that theY executed ; the same for the purposes therein expressed. } WITNESS my hand and offic ial seal this r.~t ~ day of junz , A. D. 19f~70 , , ' ~ tt, ,C!-~. _3` ~--~L~-. . . J u . . .•..•I.~~.L~ ~ ~.,..f.;'-:, Notary Public, in and for said State and County. My Commission expires: ~Not~.~?y ~eaL~~,~ • . ' M. ~ . , ~ NOTARY PUBUC 3TATE o1 FLORIDA at LAROE ~ J~ j ' Mr COMMISSION EXPIRES MAY 24. 1971. ` J ~ ' . / : . Y ~F~1RC-.5,Y~~0~='6-67 G . ~ ~ goax~85 PA~F 1~6 ~ - - - ` .