HomeMy WebLinkAbout2838 . y
and shall perfo~m, comply wilh and abide by eacl~ a~d eoery tl~e agreements, stipulntions, conditions and
coi~enants thercwJ, and o~ fhts mort~a~e. 1he~ tl~is mort~aae and tl~e estate {~ere6y creoted, sl~all cewe, de-
termine an~ ~ nu~~ an~~ t~oi~.
71111~ thp mortga~or her~~6y Jurll~er covenanfs and aprees to pQy promptly when due the principal and
inte?asl and othor sums oJ money prouided ~or in said nole and Ihis mortgage, or eit?~er: to pay all and
iingu~ar t{~e laxes, assessmenls, ~evies. ~tabi~ilies. ob~igafions, and encum6rances of every nalure on saic~ pro-
perfy; fo permif, commit or ~uf
jer no wnsfe, impairmenl or c~eterioration o~ said ~and or ftie irtsprovemenb
therecn al a?~y time; to RPP/l IlIP 6uildings nou~ o~ hema/Ier on snid land jully insured in a sum oJ not Iess
-
eha.i " "
in a com{wny or compani~s accepta6~e to f{~e mortgugee. !he po~icy or po~icies to 6e heid 6y, and pnya6l~
fo, said mortgagee, and in the ei~ent any sum oJ money becomes payubli? 6y ~~iNue oj sucl~ insurance th~ '
~ mortgagep ~~a~~ tiai~e f~e rigtit fo r~ceii~e and apply the snme io 11~e inde6tedness hereby secu?ed, accounttng
to fhe moifgagor ~or any surplus; to pay a~~ costs, c%a?ges, and expenses, inc~uding ~awyer s(ees and fit~e
searches, reasonably incumKl or paid 6y the mortgapee 6ecause oj the /ailure o( the mortgago~ to promptly
nne~ lu~~y comp~y u~ith the agreements, stipu~ations, conc~ilions an~ covenanls oJ soid nole nnd lhis mortgnge.
o~ eilher; fo perJorm, compjy u?ith and a6icle by eacti anc~ every the ng?eements, sfipu~ntions, rnnditions and
c~ovenants set (orlh iR snid note und tF~is mortgage or eilf?er. In the event the morlgngor jatls ta pay when
due any tox, assessment, insurance premium or other sum oj money paya6le by virtue o) said nofe and iku
mortgage, or eiflier, 1{~e mortgagc+e may pay fhe same, without wniving or a~Jecting t{~e option fo Jorec~ose
or any o~her ~ight hereunde~, and oll such pnyments shall Ix~ar interest from date !?~ereoJ at t{~e hig{~est lnw-
(ul mte IF~en al~owed by 11~e ~au~s o~ f~e State of Florida.
~l any sum of money ~erein re~errecr to 6e not promp.ly ~~d wilhi~~y c,aya next a~te?
tl~e same 6ecomes due, or iJ eac6 a~d enery Ihe agreements, stipulations. conditions and rnuennnts o) said
note and tl~is moriga~e, or eithe~, are not f
ully per(ormed, complied wil1~ and a6tded 6y, tl~en the enti~e
sum mentioned in said note, and tl~is mortgn9e, or t1~e entire 6alanc~e unpaid tbereon, shall jortl~will~ or
thereajter, at tl~e option o~ the mortgngee, become and 6e due and paya6le, anytl~ing in aaid note or herein
to t~e contrary nofwifl~stnnding. Faijure 6y tf~e morfgagee to exercise any of f~e rig~fs or opt~ona ~eretrt
proi~ided s~a~~ not consfilute a u~aii~er o~ any rigtits or options under said note or t~is mwtgage accru~ or
t~ereajter accruing.
7n ~~lll~ ~~Ot~ tF~e said mo?tgagor has f~ereunto signed and sealed these presents t{~e
c~ay and year ~irst abo~~e u~ritten.
Signed, seoled and de~ii~ered in t6e presence o):
:
- - ' - . - ~
~
.....~`E~~~~Ce- J. - ~
, ~ ~
~ ,
:~.~-~-----...-~-~--r~~-
~
~
~ .
;
~ -
e
a
~
~
~
~ STATE OF~GO~ Ns~r Jersey ~
COUNTY oF !~iorris
I HEREBY CERTIFY that on thu day~ before me, an
~ ~ of(icer duly authorizcd in the Sutc aforesaid and in the County afonuid to takr acknowledgments, peraonally appeared
~ Doneld J. Pegg e~nd Yeronica J. Pegg, his wife
~ to me known to br the person~ dexribed in and who executed the forcgoing instrument and t~acknowkdsed
~ befor~ me that t~ ~x~cutcd the same_
Wl7'NESS my hand and o(ficial seal in th~ County and State last aforesaid thu 3'~-t~~ d~r of
~
j~+~l' ?(.~1 A. D. 19'~ ~ ' r
~ ~
~s ~l ~ ,
~ ,
~r
I ~ , L l
,
, ~ ~
.
; + ~
-------~--R._:,,~,..~~.-. -.'t.l..L~.-----------•--~-~--. L~L:.,..4..~~.......----
:
- ; ~ DOROTHY G. WHALEN
NdTARY PUBLIC OF ~iE17 JERSFY
fILED ~N~ AECOi~DE9 ~iy Cc~~~iss:on Ex;,ires Jan.22,1~15
~ st. ~uc~E couNtr Fu.
r= nocER ~`~TA~?s
CIERK C~:~CU~T COU~T ~
RECORO YFP~F•ED..~..+~ , '
„ '
~ p~R 3 11 oS AM'ZZ s~
, i
~ 1 :
2;~655~7 ~ . ~ j.~.,= `
:
r~,u r,Wnu~n~ ~y. ~ ` _ ;
, fr~:! V~.'C.` G's p RREO aY 'p~'. • i
~ty^ . , ' . ! J.._
Ad~lirss T??~s ~N' j , , ~ -?~.w . . -
M.S. i~c~ , , ~4Ih I\.i. ~.E O D . ,
,~o ~~,:.t~, fL~RtOA aoo~c~ P~~$3~ ~ ~ _
~ _ _ -
~
~.~~~~N_ . . _ _ . . ~