HomeMy WebLinkAbout0073 arid shall perform, compiy uith anct aLide by euch u~~d eucr~ the u~;nreu~ents, stipalatio?~s, co~ulitivns auI
covenants thereof, anct of ~his mortgake, then tbts mort~a~;e o?ul tl,e estate herel,y created, sha~l czase, de-
termine a~ul be null and voici.
~ ti~e mortgago~ hereby fujther.cvuenonts a?ul a~rees to pay ~rrom~tly when due the principal and
interest and other sums of money Nrovale~l #or in s~l,~e and ih~s mortgage, or either, to jwy all anci
singular the taxes, assessments, leuies, liabilities, oblibataru, and encurnLrances of euery nature on said prop-
erty; to pern~it, commit or su8er no uaste, imEwirment or cleterioration of sakl land or the improvements
thereon at any time; to keeN the buildin~;s now or heresfter on said land fully insured in a sum of not less
than
in a company or companfes acc~eptable to ihe mortgu~ee, the poticy or policies to be held by, and payable
to, said mortgagee, and in the event any sum o~ money Lecomes pa~ol~le ky virtue of such insurance the
mortgagee shall have the right to ~ecei~e arul o~ply the same to the irutebtedness hereby secured, occounting
fo the mortgagor for any surNlus; to pay all costs, char~es, aul expenses, including lawyer's fees and titie
searches, ieasorwbly incurred or ~wid Gy tht mort~agee ?iernuse of the foilure of the mortgagor to promptly
and fully comply with the agreements, stipulations, corulitions and cooe~wnts of soid note and thu mortgage,
or either; to perform, comply with and abide by eoch and e~ery the agreements, stipulatioru, conditions and
eouenonts s,et forth in said note and this mortgage or eitl~er. In the eus.~t ths .nortgagor fails to pay wl+en
due any tax, assessment, insurance ~remeum or other sum of mvney payable by virtue of said note arul this
mortgage, or either, the mortgagee may pay the same, without u;aiving or a8ecting the option to foreclose
or any other right hereunder, and aU such payments shall Gear interest ~rom ctate thereof ot the hiRhest lacu-
ful rote then albwed by the lau~s of the State of Florida.
~ any sum of money herein re%rred io be not ~~omptly paid within thirty days next after
the sume becomes due, or if each and every the agreements, stijn~latio?u, canclftior~s a?ul co~erwnts of said
note anrl this mortgage, or either, are not fuUy performe.d, complied with and abided by, ihen the entire
sum mentioned in saici note, and this mortgage, or the entrre Golence unpnid thereon, siwlt forthwith or
thereafter, at the opiion of ihe mortgagee, become ond Ge due and payub.'e. anything in said reote or herein
to the contrary notu;it)istauling. Failure Gy the mortgogee to exercise any of the rights or options herein
provirled shal! not constitute a uaiver of any rights or options u~uier said note m this mortgage aeen+ed or
therea
f
ter aceruing.
~n ~~~II(~ ~I~R~~~ ihe soid mortgagor has hereunfo signed and seaied these presents the
day and year first aliove ecritten.
Signed, sealed and delivered ~n ihe presenee of: ~
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~tness~ -~----.A ~r to
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, r it ess # 2! P y s A. rocton
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I HEREBY CERTIFI' that on this day, before me, an
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~ ~ y~ctr duly autborized in the State afomsaiJ and in the County aforesaid to take acknow•ledgments, personally appeared
~ i,•~, _.Albert W. Procton and Phyllis A. Procton, his wife
~ ' M tue k ~ to lx~ tM~ jx•rson 8 ik~scrilxYl in and ~~ho r~rc•utrd f{x• fumt;oiuK instnum•nt 3~x! they ac•know•lc~l~ecl
l e ~ p
~ - - ' ~IO[~ 1~ ~ ~e ) P\tY'UIPII tht` ~:UIN•'
a ` ~ . . _ : / • .
" :"~'1(Yj'~3E~S~my haikl and ofI'x~i:tl x•:d in the Counh and tituh• lact :dnresaid this /y~ day of
~ ` i - ~jy
~ - ~ ~~fb!¢'.~~A. D. 19~~
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; a~~ F. w~be
Notsry PuGI~c. State ot New YO~k
No. 52-5~563»i. Suftolk CouMy~f
Comm~sson E~p~res SSarch i0. 1~/p~
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