HomeMy WebLinkAbout1177 and shall perform, comp~y u~it1~ and u6idt by enQl~ and every agr+e~menlt, stipu~aflo~it. cor~ttlor?s and
coi~enants tF~ereo(, and o/ t1?is mortgas~e, then ll~is mortgage and tl~e eatate her+aby created, sl~nll eeose, d~-
le?mine and 6e null and.void.
~!he mortgaflor I~erebr /urttie~ c~ouenants nnd agrees to pay promptly wken due tl~e principal w~d
interesl and olher sums o~ money prouided ~or In iatd rtote and fhta mortgage. or elth~r: to pny aU and
singulnr f~e taxes, assessments, ~eviea, ~iabi~ities, ob~tgafions, and encumbmr~es o~ every nature on satd pro-
- pe?ty; to pe~nit, commit o~ suffe~ no wuste. inyxiirment or deteriomtton of :atd lw~d or the tmprovemenb
ll~erecn at any fime; to Ireep !he but~inga now or heren(te~ on satd land /u~~y inaured ~in o sum o~ not ~ess
~han
In a compony o~ companies acceptnb~e to the mo~tgagee. ttie po~tcy o~ po~tctet to ~ie he~ .by, 4nd ~yabb
!o, snid mortgagee, nncr in fke evenl any swn of money 6eeomes ~xiyable 6r vtrfue bj such insw~ance t~e
morfgagee s~a~~ f~ave the ?igF~t to receivc? n?td apply II~e same to tl~e indebtec~neu I~ereby secured. ncoounting
!o the mortga~tor jo~ any surpl~u: fo pay a~l cosfs. c{~arges. and expenaes. ~ncludtng lawyer s jees and tit~e
searches, re~ona6ly incunrd or pald 6y the mortgagee because o~ the ~at~w+e o~ t1~e mortgngor !o prompt~y
an~I ~ully c~omply wifh the ag?eements, stipu~alions, conditions and c~o~enanfs o~ aaic~ note and l~is mortgage.
or eil~er: to perform, comply wtth ancl a6ic~e by each ancl euery fhe agreemenb. sttpujatioru. eonclitions and
co~enants set forfh in snid note and Ihis mortgage or eif~er. 1n the euent !ke morlgagor ~atis fo pay when
due any tax, assessment, insurance premium or other sum o/ money paya6le 6y virtue oj said note and thts
mortgage, or eitf~er, t{~e mortgagee may pay fl~e same. u~it~out wni~ing or al~ecting the option to ~orec~ose .
or any other riflht ?~ereunder, and all suc/e pnyments sl~nll 6ear interest ~rom date the?~eof at tl~e highest la~v-
~ul rale then nllowecl 6y the laws oj tl~e State o~ Floridu.
7` any sum of money {~erein re(em~ to be not prompt~y paid w~thtn ~irty (30) days next nfter
the same 6ecomes due, or ij each nnd euery the agreemenfs, stipulattons. rnnditions and covennnts o/ said
note and tbis mortgage, or either, a?e not jully per/o?med, complied with nnd a6tded 6y, t1~en fhe entire
sum menlioned in said note, and this mortgoge, or t6e entire balance unpaid ihe~+eon, shall (ortl~wttl~ or
tl~erenjter, at tl~e option o/ the mortgagee, 6ecome nnd 6e d~ nnd ~yabt~, anything In aaid note w herein
to the contmry nolwithstanding. Failure by tl~e mortgagee to exercise any o~ t~e rig~fs or options herein
provided s~a~~ nol constifufe a u~niver o~ any rig/~ts o~ options under saic~ note or f~ts mortgage accrued or
t~ereajler accruing.
~n ~hereof~ the said mortgagor f~as l~ereunto signecl nnd sealed Ihese presents the
c~ny an~ year ~irat a6ove u~ritlen. - _
Signe sealed and delii~ in !{~e presence of :
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~ - - .....------••_!~lAR~E M. 'LONGO
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~ STATE OF NEW JERSEY ~ ~
COUNTY OF ~J f
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I HEREBY CERTIFY that on t6is day~ beforc me, aa
o(ficer duly authorized in the State aforesaid and in the County aforesaid to take ack~wwltdgments, penom0y appearcd
.~ichael J. Longo and Marie M. Lonqo, his wife
to me known to be the persoaS described in and who ezecuted the forcgoing instrument and wh0 acknowkdged
~ before me that thE!y executed the same. ~ y
WI7'NESS my hand and official seal in the County and Sate last aforcsaid this ~d~g o(
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Juiy A_ D. 19 ~3. ~ 3 r''_
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~ 2610`75 ~ _ ' f.~_~ ~i .
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~ FILED ~ECORDED : ~ y ~ ' ~ ~ ~
~ :T. lt;~+~ ~GUNTY FIA. ' NOTARY PUBLIC OF NEVN JERSEY ; ~y : ~ : ~ ~ = ~
~ R~C: ~^.'TRAS W1y Commisiwn Expires Oct.1.197f a,'•.~<~+,. ~/.i p N::
~ _ Ct~=-ti .~'~T COURT / , v,'•.;~=`f~s:..,
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~ a~ ~o ~ 3~ A!~ 73 .
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~ !'Irir Lulrra»fn~ p~rpnr~-c/ hy:
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~ A~ldrrss ~~.1~ PJIGE~~
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