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HomeMy WebLinkAbout2918 and shall perjorm, comply wifh and abide 6y ench and e~~ery the agreements, aNpulations, rnnditIont and • conenants thereo~. and oj Ihis morfpope, then fhis mortgage and Il~e estale hereby created, si~all ceate, de- • termin~ antr ~e m~~~ an~ voi~. Tln~ ftie mo?fgapor {~pre6y Jurtl~er cove~ants and agrees to pay promplly when dus !he principnl and inleresl and ottier sums oJ mo?iey provided (or in sold note ancr t~ts mortgage, or eit~er; fo pay a~~ and ilnflular the ta.res, assessments, levies, liabi[ilies, obltgations, nnd encum6r+ances of euery nafure on said pro- perly: to permit. commil or su(je~ no u~asle, impairment or delerioration o/ snid ~and or ttie improvemenb thereon al ~af?~ time: to RPPP IhP buildinfls nou? or hereajler on caid Ia?id ~ully tnsured in a sum oJ not lesa fban /1/ o i11C"' ~ in a company or companies uccepta6le to the mortgagee, the policy o~ policies to 6e held 6y, and poyn6~ to, said mortpaqee, and in Il~e event any sum o~ money 6ecomes ~ynbl~ 6y ~~irfue oJ such Inswnnce tR• morlgaAee shall {~ave the right to ?eceive and opply II~e sume to tl~e inclebtedness here6y secured, acrounting fo t~e morffln~or ~or any ~urplus; to pay n~~ eosfs, c~arges, and expenses, inc~uding ~awyer~s jees and fit~ searches. rewsonably incurre~ or paic~ by t~e mo?fgagee because o( fhe fai~ure oJ the mortgagor to prompt~r an~ ju~~y comp~y u~ifh ihe agreements, sfipu~afions, conc~ilions and coi~enants o~ saic~ note anc~ I~is mortgage. or eit~~er: fo per~orm, comply u~it1~ and a6ide 6y each anc~ euery the agreements, sfipu~ations, conc~itions nnt~ coi~pnants set /orth in said note and fl~is mo~~gage or either. ln the event !he morlgagor )ails to poy when due any tax, assessmenf, insurance premium or ofl~er sum o~ Mon.y iwya6l~ by vtrlue o~ satd note and l~is mortgage, or either, ftie mortgagee may ~y t1~e same, withouf waiving or u~jecfing fhe option to ~orec~ose or any other rigl~t hereunder, and nll such payments sl~all 6ear interest (rom date tl~errof at t1~e highest law- ful rate IF~~n Ql~ou~ec~ 6y tl~p lau~s of the Sta1e o~ F~orida. ~L any sum o~ money {~erein re~errec~ !0 6e not prompfly paicl wilhin ~---dnys next a~ter l{~e same 6ecomes dup, or i~ each an~ every Ihe agreemenis, stipu~afions, conditions and couenanfs o( satd note and this mortQafle, or eifher, are not jully perJormed. complted u~ilh and a6~ded 6y, f1~en f1~e entir~e sum mentionecl in said note, and this mw~gage, or fhe entir~e 6a~ance u~pnid theneon, shall jorfhwith or thereajter, nt fl~~ oplion oJ t1~e mortgagpe, 6ecome nnd be due nnd paynble, anything in aaid note or I~e?ein to the confrary notwitltstanding. Failure 6y tl~e morfgagee fo exercise any of the rights o~ options herein pronic~ed sha~~ not consfifute a waiver o~ any rig~ls or options untjer said note or I~b mortg6ge uceruet~ or l~ereajler ac~uinp. ~n ~~Ul~ ~~Ol~ the said mortgagor l~as I~ereunto signecl and sealed fhese presents tl~e day an~ year ~irst a6oi~e u~ritfen. ~ _ gned, sea in 11~ presence o~: t . . . - - - - - ~ ~ o t~~ arson 9uttan ~ ' - _ - - rleen M. Mayack op A 9~i~ ' - ° l ~ - - . - ~ ~ ! I I ; . ; STA7'E OF ~~IGAN ~ ( cou:v'rtr oF Oakland ~ F I HEREBY CERTIFY that oa this day~ before me~ an ~ oi(icer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowkdgmints, peraonslly appeared ~ ~ ~ ~ Carson Sutton end Sophi~ Suttoa, his ~?ife, 8aid Carson Sutton ~ 1o mF tlll~h~~ ~~1 eltlc~bed in and who executed the forcQoing instrument and _ ~0 acknowkd~ed ~ before ane that ~xccuted the same. ~ H'I7'NESS my hand and official xal in thc County and Statc last a(oresaid this 30th day of ~ ~ June A. D. 1972 ~ ~ ~~1 ~ ~ C.C~: ~1/ ' ~ ~~-l=~L.~ ~ - - - - - ~ _ ~ - - - - t=- - ~ ~ tery Pubi ~c ~ I ~ - Arleen M. Mayack ~ - Oakland County, Michigan My commission expires: 2/3/74 ~ - _ _ - ~ ' - ~ ~ t% ' i ~ ~ ~ OROR~ ~ - - ' ST`lUCl4 ~OUNTY FL~. ~ • ;TRAS ~ ~ - F~~~~~~ ;C~,~T ~OURt ~ PF~~`~•~~' ~rq ' . ~ .~Ul ~1 ~2 18 PK ~Z ~ . ~ 17,u I~wnnnc,~i prcpnm~ by: Charle s E. Becht r- ~ At torney a t Law 232'7~8 ~ ~ A~~~f~ 110 2 S. 2nd S t., Fort Pierce, Florida ~ ~ 800l~c2?Vtii ~2,~1.~ . ~ . u'F S .-s d3~ . er"_~~~~L e~~~~~ ~ ~ w~ . _ . , . . m_ a.