HomeMy WebLinkAbout0704 qnd shall j~er/orm, comJ~ly icith and al,ule l,y eud~ and evcry tl~e u~;rcciueuls, stipt~lations, co?ulitio~u and
covenants N~ereo/, and o/ lhis r??ortku~;e, then tl~ts mort~a~e u~ul tl~e estatc l~ereb~~ created, siiall ceas+se, de-
termtne and be nult and vo&l.
~ the.mort~agor )~ereby further couenants n?uI agrees to jwy ~~rom~~tly when due the princtpa[ and
interest a?ul other sunu of n?o~~e~ prouiclecl for in said note a?ul tl~is mort~age, or eit)~er; fo pay ull und
singular the taxes, assessnie~its. leuies, labililies, ol,li~;atior~s, and encumbraices oJ eoery ~wture on said prop-
erry; to permit, commit or suBer ~w u:aste. impuirment or detertoratron of sard la?ul or tlre i»:provements
ihereon at any time; to keep t)ie buildrn~s noev or herea/ter o~i said land full~ i,uured in a sum af not less
than ,
in a comJwny or companies acceptable to the mort~a~;ee, the Jwlicy or policies to be lield b~, a?ul }~ayable
to, saicl mortgagee, and in the euent any sum of money Geco?ues ~w~alile Gy virtuc of such insurance the
mortgagee shall have the right to receive a~ul appl~~ N~e same to'the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to }wy all costs, charges, aul exj~e?4ses, including lawyer's fees a?ul title
searches, Teasonably incurred or }wid 6y t?~e uiort~;a~ee liecause of tl~e failure oj t1~e mortgagor to promptly
and full~ compl~ icith the agreements, stipulatio~u, corulitio~s arul cavenants o~ saul note a?ul this mortgoge,
or either, to per/orm, comply wirh a~ul abide b_y each aral ez~er~ the agreements, stipalotions, corulitions and
covena?us set fosth in sa&1 note oiul this mortgage or either. In the event the mortgagor fuils to pay uhen
due any tax, assessment, insurance Nremium or other sum of money Jwyable by virtue of saici note a?ul this
mortgage, or either, the mortgagee may ~wy tlie same, icithout icaiuin~; or aBecting the optian to foreclose
or~any otl~er right hereunder, arui al! such payments sliall vear interest from clate tl~ereof at ilee higliest la~a
ful rate then atlou;ed by the laws of the State of Florida. -
~l any n~m of money herein re%ned to ve not ~~romptl~ ~~au! icithin thirty ~1a~s next after
the same becomes d~ie, or if each nnd every the agree»ients, stipulatio?u, conditions and covenants of saul
note anrl this morthage, or either, are not fu!!y performed, compliecl ecitl~ aul abi~led by, tlien ti+e eniire
seim mentionec! in said note, mul ihis mortgage, or the eniire Galance unlwu! thereon, shall forthwith or
thereafter, at tlie ovtion of d~e rnortga~ee, Lecome and !~e due Q~ul pa~able, a»ything in said riote o~ herein
to ihe contrary not~cithstandrr~. Failure Gy the mo~tgatiee to exercise ony of the rights or options 1~erein
pro~irled s)iall rwt constitr~te a:caiver of any rights or optro»,s under said note or thu mortgage acerued or
thereofter accruing.
~n ~1~~ ~~~1~ the said mortgn~;or l~ns hereunto signed and sealed these presents tlie
day and year first ol~ove ~critten.
Signed, sealed arul cleliuered in the ~~resence of:
o "
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~i-:.v~a.~ . . - .K _!~!I.Q:Q:~_~..~. ~ ~
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- :+titness -
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ieTi ess
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STATE O~ Illinoi s ~
COUNTY OF S.t.
] HEREBY CERTIFY that on this day, Uefore me, an
oH'icer duly authorized in the St?te aforesaic! and in the County aforesaid to take ackno~cledgments, personally appeared
Donald E. Martin and Pauline S. Martin, his wife .
G? nn~ kiN~~~ n to Ir• tlK• ~x•rson S d~~scrilx•d in and ~cM~ i•ct~l•uti•~I lI„• Ion•L'uinK in.t~uun•nt :ui~{ they ack~w~~•letiRi~ci
• Ix•fure ~~u~ tir.~~ they 1•\tY'U1PlI ~IN' ~:It~lt•. -
~~'1'1'\EtiS n?.• hand :tnd otfici:il x:d in thi• Cu~int~~ and titat~• la~t :~fon•.,ud thi. 19t,h day of
March t~. i~i ?3 -
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~t~t T~ : o Public
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p'%
" % fILEO ~?hD RECOROEO ~r co~nissio~ expires 1~/16/71~
; :LNOTARr :o ~ stwciF couNTr fu. ~
• ~ _ RQGER ~OITRAS ~
' ~ ' = CtE~K (:~kCU1T COUIif ~
:~VgL,tiC ; = RECORDVEpi:~EO~.~.,~._..
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;-,•P.:= Mat 13 2 0~ PM'73
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250388
8G01c 21~ PAGt .1 O4
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