HomeMy WebLinkAbout0198 and shall pe?Jorm, ~~omply with and a6ide by ench and ei~ery the agreemenls, sttpulatlor~;t, condilioru and
co~~enanls thereoj, nnd o~ thts mortga~e, t1~en fF~t~ mortga9e and ti~e estate here6y creafed, shall cease, de-
te?mine a~~d 6e nufl and ~~oid.
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~Illl lhe atortgagor hFrvtiy ~urlhe~ covenants and agrees to pay promptly when due fha p~ncipa~ and g
inferes! and other sums oj money providec~ (or in said note and t~is morfgnge, or elfhe~; fo pay a~~ nnd ~
singu~ar the fa.res, assessments, ~evtes. ~tabi~ifies, obliflations, a~d encum6rances oj eue?y nature on satc~ pro- ~
perty: fo permif. commif or suf~e~ no wasfe, impairment or c~eteriowlio~ oJ saic~ sane~ or fhe tmprovemenli
f~erecn ut any lime; fo kePp fhe huilcltnfls now or herra~ler on ~a~d bnd Ju~~y ~nsurec~ in a sum o~ not ~ess ~
than highest insurable value. ~
in u company or companies acceptab~e fo ftie mortgagee, ttie po~icy or po~icies to be held 6y, and ~yabl~ ~i
to, said mortpagee, and in the event any sum oJ money 6ecomea ~ya6l~ 6y virlue of auch insurance ll~e ~
mortgagee shall hai~e the righ! fo receiae and apply the same to the inde6tedness F~ereby secured, accounling
to Ihe mortgano? ~or any surplus: to pay a~~ cosfs, charges, nnc~ expenset, inc~uding ~awyer s ~ees and tit~e
sparches, reasonnti~y ineurre~I or ~a~d by ~hp morfgngee because of I~e ~ai~u~e of Ihe morlgagor to prompt~y
and ~u~~y romply with f~~e agreemenls, stipu~nlions, con~itions nnd covenanfs o~ saicj note and l~ia mortgage. ~
or eit{~er; fo perjorm, comply wifh and a6i~le by eacl~ and euery !he agreemenfs, slipu~nfio?u, conditions anc~ ~
co~~en~nts set forth in said note and lhis mortgoge or either. In the event ll~e morfgagor /ails to pay w1~en
due any lnx, assessment, insurance premium or of~er sum o( morieq payab~e by ~i?tue o' soic~ note anc~ this
mo~fgage, or eit~~er, ihe mo~lgagee may pny itie same. wit{~out wniving or aJJecting f{~e option to forec~ose
or any other riyF~t hereund~r, anc~ a~l such paymenls shall 6enr tnteres! ~rom date 1/~er~eof af ihe highest lau~-
Il1I ~A~P ~~Pll QIIOtI~Q(I hy IIIP ~Atl~S Oj ~~P StQIP~O~ F~O~l~A. ~ '
any SUtI'l O' Ir~0/1PV ~IP~PI?1 ~P(errPCl lo be no! promptly paid within Fifteen ~QyS next Qf ~B~
fhe same het-omes clap, or i f eacf~ and every Ihe agreements, stipulafions, conditions and covenan[s o~ snid
note and this morlgage. or either, are not ful~y per~ormed, comp~ied with and a6~ded 6y, then fhe entire
sum mentione~ in saicr note, nnc~ I~is morlgage, or the enlire bajnnce unpaic~ i{~ereon, shal~ (orlhwilh or
Il~erea~ler, at fh~ option of fhe mortgagee. 6ecome and 6e due nnd paya6le, anytl~ing in said note or F~erein
to fhe conlrary nolu~if{~sfantling. Failurp hy lhe mortgngee to exercise nny o` the rig~fs or options ~erein
pro~~ic~ed s{~a~~ not COIISIlII~IP•q u~ainr~ o~ «ny ric~tifs or opfions unc~er saic~ nole or t~is mortgnge accrued or
t11PfPa~~P~ ACC~UIf1Q. ~
~n ~~~n~s ~hereof~ Il~e said mortgagor hns hereunto signed ancl seale~I these presents ll~e
~ay an~ ycar ~irs! atiovP u~ritlen_
Signed,~ sao~etr and ~~~ie~prntl in !{~e pres~ncp o(: ~ ~
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! ~i4=C~ RON D H. SI PE Y
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~ONNA M. SIPPE~ -
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~ STATE OF ~6Rl~ /J1
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~ CO[;\TY nF j~~ ~ ~ ,
~ CL I HEREBY CERTIFY that oa thi~ day, bcfore me~ an
- o((icer duly authorized in the Stat~ a(orcsaid and in the County aforesaid to tak~ acknowledgments, penonally appeared
~ RONALD H. SIPPE~ and DONNA M. SIPPERL~C, his wife
~ to me known to kx the pi-rson S described in and who ezecuted the for~going instrument and they ,~k~w~~
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~ beforc me that they ~x«ut~d the same. "
~ N'I1~NESS my hand ancl of(icial seal in the County and Stat~ last aforesaid this ~ r r•,
A. D. 1 9 7 3. • t~ j' i$.,~~~r~ -
July ~ . • -
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NOT PUSLIC ^,,_r -;y"
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3 My Commission Expires : f~~~~ F.E~~~ ~ #;i
RAY A. ~„?~CEC ij- ~~~ts '~:t~?~ . ,.a ~F
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; Natary P~L' Cc ~~h~. R1~ch. ,~A~~~~~~1+~~~/~ ~ `t ~
= My C~tlli;y~Siui1,'L)(~i(C3S 1-12-/_l, l~,~~'I~Lf'flf~~"- • _ -
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g~ II!!S I!!J/R/I!lfil/ f)/f~rirr•~l hy: gQpM ~~s PACE ~i70
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