HomeMy WebLinkAbout2924 W STAT ~ v_ gTAMP TAX ,L~p ?NU RECO~~~ .
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1L That, in order more fully to protect the security of this m~,rt-
gage, the mortgagor, to3ether with, and in addition to, the 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 provistons hereinbefore
made , will pay to the mortgagee the following sums: ~
(a) A S~1t11 e:~~ial to the PI'@11"11Uri~S that will next uecome due and pay-
able on policies o2 firc and other hazard insurance covering the mortgaged
property, plus taxes and assessments next due on the mortgaged property (all
is estimated by the mortgagee)less all sums atready 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
(bl A1! payments mentioned in tr.e preceding subsection of this para-
graph and all payti~ents to be made under the note secured hereby shall ~e
added together and the aggregate amount thereoi shall ~e paid oy the mortgagor
each month in a single payment due upon the first of each and e~~ery month
he re inafte r
Any deticiency in the amo~.int of such aggregate monthly payment shall, unless
made good by the mor!ga~or within th~rty (30) days next after the same becomes
due and payable . consti?.ute an e~~ent of deiault under this mortgage
13. If, howe~~er. the monthly payments made by the mortgagor under ~
(a) of paragrap~ 1L preceding shall not be sufficient to pay taxes and ass~ss-
ments and insurance premiums . as the case may be , when the same `~tp1~~~~~~,,~.
become due and payable , then the mortgagor shall pay *_o the mort ~~jE,
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amount necessary to make up the deficiency, on or before the da~ pa Cn~
of such taxes, assessments or insurance premiums shall be due; T'"' o:;+ :
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IN ~tiTITNESS WHEREOF. the said mortgagor has here~is~~' ~h'~T~d; ~ ~
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° and seal the day and year first aforesaid.
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` Signed, seaied and deli~- d (COI'~Y:~~I9~1~
~ in th~esence oi•'~ ~ INC.
~ ~i / WOO D AS OC`~~5~ (Seal)
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` ' (Seal) #
~ ~ es ecretary=l'reasurer
~ ewart Tegnazian,
~ STATE OF FLORIDA
~ COUNTY OF •
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fi Beiore me pe r sonally appea red AtthUl F. Wood and Yewart At. Tegnazian
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F President and Secretary-Treasurer res ectively of Wood, Beard and Associates,~ne. ~
i? To me well known and known to me ±o be the indi~~zduals described in and who
~ executed the ioregoing instrument, and acknowledged before me that _th~ey executed
~ the same for the purposes therein expressed, as the act and deed of sa corporation
_ thereunto duly authorized. :
,
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'3 WITi~ESS nzy hand and official seal this~~ ~day ot A~rll
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A. D. 19k 71 _
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f ~ ~'v !~'utary P Z, in and o_sa{ tate and
- = V~ ~~~TA~'? Y'~~~ County V1y Cc~mmission expires
~p ~~S~er~~ - NOTARY'UeUC STATE OF FIORIDA AT UlRO[
J, A V~~~ MY COMMISSION EXPIRES APR. 14. 1976
; ~n'', • . ..•'C - - i i OtN[RAl INSUMNCE UNDERWRITERS, INC~
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