HomeMy WebLinkAbout1993 an~ sJ~aI1 per~o~m, comply wllh a.~d ab~de by each anc~ erery fhs agreemenfs, sltpu~altoris, condttta~a a?~
coc~enanfs lhereo~, and o~ Ihia morfgage, t~en I~i~ mortgage and I~e eaiate f~ere6y c?eafeef, stia~~ oeose, d~-
tPrmine and be null and troid.
Ii1Na ftiP mortgapor hen+6y (urftier cove~anta a~d agrees lo p4y prompllr w1~en dus ll~e prirtetpnl artd
~nfernsl and olher surna o~ money prou~dec~ ~o~ in saic~ ~ols and lhis mortgage, or eittier; to poy a~~ nnd
ain~u~ar ftie taxes, assessmenls, ~?ufea, 1labililiea, ob~tgaltons, und encum6~nncss o~ every nalure on satt~ pro-
pe?ly: to parn~it, cornmit or au~fe~ no wasfe, impairmenf or deter~w~atioh of ,atd InRd or I~s improvements
lhi~reo~ at any time; fo keep II~e buil~tngs noiu o~ I~e+~a~fPr on said Iand ju1ly inau?rd in n auM of nof less
~I~an highest insurable value
in a company or companie~ acceptabie to !he mor agee, tl~e pol~cp or polictea to be held by, and puyable
fo, snid moHgugee, o~d tn f~e euent nny aum o~ money becbrreer ~xi~bi~ by virtue o~ auc~ inauranc~ t~e
moNgagee ~har~ have tl~e r~tg1?! ~o recetve and Qpply tl~e swne to Il~e tnde6tedneai bere6y secured. acrottnti~
to t~e morfgagor ~or ony surp~us; fo p4y p~~ cosls, ckargea, and expenses, tnc~uding ~awyer's ~eet anc~ 1it~e_
sparcl~~s, rpasonably tnnirred or paid 6y Il~e nwrlgagee 6ecewe oj the jatlure o) Ike mortgngor to promptly
and Jully comply wifk ftie agreemenfs, stipu~ntiont, c~onc~ftions and eovenanfs o( sntd note and tbt~ rnortgaps.
or eit~er; to pe?jornn, c~omply wtth and a6ide 6y each and every tks ngreemenU, stipu~attoru. eont~itions nRC~
covenanta set jort/~ in saic~ nofo nnc~ ftiis mortgage or eilher. ln I~e event the mortgago~ ~airs to pny when
d~ ~,r e~r, assesamenf, instunnce premium o~ other sum oj money poyable by virfue o~ said note ane~ Ihis
neo~lga~e, or eit~er, f~ie morfgagee rrtay pay t~e sume, wil~out wa~uing or u(~ecf~ng 1he opfton to loreclote
or any other rigbt l~ereunder, and aI[ such payments shall bea~ interrst /rorrt tjnte theneo/ at th~ 1~ielees! law-
ful rnte Ihen nlloweo[ by the Iawr Q~ tbp Sta~e o/ Floride.
~l any aum o~ money /~erein re(e?rec~ fo be not prompt~y puid wtt~in 15 c~ay~ next a~ler
fl~e same 6ecorries due, or i~ each nnd enery II~e agreements, seipulalions, c~onditions and rovenanla o/ said
no(e and fhis inorfgage, o~ eit~er, are not ~u~~y performed, cornp~iec~ u~if~ ,anc~ ~b;ded 6y, f~en f~?e entire
sum menfioned tn iaid note, and this mortgnge, o~ !he enlire balance unpoid therron, sl~all jo.th~t~h or
fherea/ter, at t~e optton oj tlee niortgugee, become ond 6e due nnd payable, nnylhing in :atd not~ or I~eretn
fo !he conlrarp notwit6atnnc~ing. Failure 6y tke mortgagee fo exer+c.we any o~ tl~e rig~ts or options he?ein
provic~ea s~ea~~ nof constifute a u+ai~~er of nny rig{~ts or options under snid note or f~ia niortgage accnied or
t~erea~ler accruing. .
~n ~~N`~ ~,K"~`~ ff~e suid mortqagor ~as {~ereunto signec~ and sea~ tkese p?¢senis Itie
c~ay an~ year ~irst atiove u~riften.
Signed, sealed antl lii~prpd in Il~e p?esence o(:
~ • ?
.~Q.tl~~.---...._...------------~--
LARRY H.
C -
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Q~ A
I~ E~-~
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- -
STATE OF ~~i~~. MICHIGAN ~
COUNTY OF G/~ K rt N~
I HEKEBY-'~."ERTIFY._that on this day. before me. an
o((icer duly awhoriud in the Statr aforenid and in the County afor~said to ak~ acknowkdgments~ petsonaily appeared
LARRY H• MARKEY and NOREEN A. MARKEY
to me known to br th~ p~non s describcd io and who ~ecutrd the tonqang instrument and they ackno??kdsed
befon me thac they ~xKUted the sartee.
W(TNESS my hand and dreial sea) in the County and S:r~r last atoresaid this ~ jp dar d
• June A. D. 19 ? ~
~
~
F1LE01~KD P.ECOROE . :
st' ~ocE~
po~~a~s~~. t~ NOTAR UBLI
~o~AT n1- ~ .
CLERK C`iiCU1T . Nct^~ r.,, ~ - _ ~ . ~.t~~~,=~,n
co~t1E0
RECONL~ ~ ~..r ---~:.cs ::a:ca 12. 1974
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