HomeMy WebLinkAbout1380 an~ sha~~ per~orm. rnmp~y u~ilh an~ a6~da by ~uh nnc~ eoery f~te agreemenfa, sHpu~atiorit. rnnclitioni und
co~~enanla tf~ereoJ, and o( 1{~ts mo~t~as~e, then thi: mortgnge and the estats he?e6y c?~ated, sha!! ce~~, d~-
fermine a?i~I ~e null nn~I ~roi~.
nl~ Itip mo?fgaflo? lienrby (uril~er rnvenanls and agrees to puy promplly when dw th~ p?Incipn! and
intere~l and olher sums o~ ~o~~Py ~~tded lor in taid note and lhti morlgnge, or etttier: fo pay a~~ and
si~~u~ar Itie fa.res, assessmenls, ~eviea, Iia6ilifies, ob~igafiona. and encumbrances ol every ~alure on said pro-
perly: to permtl, commtf o~ su~(er no waste, Impai?ment or deterioralion o~ satd b~d or fhe improusmenb
fher+ecn al any time; to k~P thp buildings n,ow or he~wa(t~r on satd land /ullr insurecl i~ a sum o~ not lesi
Il~an NIL
in a company or companiPS acceptab[e !o Ihe mortgagee, !he" poltcy o~ poltcies to be held 6y, and paynble
to, saic~ mo~fgagee, a~i~ in II~p eaent any sum of monoy becomes payable by virtue o` such insurance the
morl9a9ee S~QI~ ~QVR !he right fo ?eceive and aPPly ~ha sa~. ~o ~he ~nde6~edne~ here6y:~w+~d, accounting
to Ihe mortgapo~ (or nny surp~us; to pay a~~ rnsfs, cha?ges, nnd expe?ues. inc~uding ~awyrr i Jees and fit~e
searc~es, reasonaE~Iy tncurretl ot p~id 6y fhe morlgagee because oJ f1~e ~ai~un o) Ihe mortgagor to prompt~y
and (ully rnmply wit~ t~e agreements, stipujntions, conditions anc~ coi~nants of said note anc~ t/~ts morfgoge,
or eifher: fo perjorm, comp~y wifti and a6ide by eacl~ and every the ng?eemenfs, afipu~ationa, conditions and
covenanls set jo~th in said note and this mortgnge or either. ln ll~e event tl~e mo~tgagor /alla to pay wl~en
due any tax, assessment, insurance premium or oil~er sum oj money payable 6y vi~tue o` said nole and ihis
mortgage, or eilher, the morfgagee may pay fhe same, wittiout waiving or a~(ecfing !he oplion to lo?ec~ose
or any ofhe~ rigl~t I~ernu~de~. and a!I suck payments shal[ 6ear interest (rom -date tkereoj at 1he highest law-
f ul rate Ilien alloived 6y 1he lau?s o( the State o~ Florida.
~l any sum o( monry tierein re(erre~I to be nof promptly paic, witRin Thirty .(3~)daya nexf n~ter
the samp 6pcomes due, or i( eac1~ and every II~e ngreements, stipulations. conditions and covenants oj said
note and I?~is mortgage, or eif{~er, are not /ully perJormed, eomplied with and a6tded 6y, then the entire
sum mentioned in said note. nnd tl~is mortgage, or the entire balance unpaid f6er+eon, shnll ~o~il~with or
therea/ter, at If~e option oj the mortgngee. 6ecome nnd be due and ~ya6l~, anything in snid note or heretn
fo fhe contrary notu?ilhstanc~ing. Failure by the mortgagee !o exercise any o~ the rights or optiona ~erein
proi~icrecl shall not consfilufp a u?aii~pr o( any rig~fs or opfions under said notp or Ihis mortgage accrued or
f~erea~t~r accruing.
~n ~~~1~ the said mortyaqor 6ns hereunto si,qned and sealed these presents Ihe •
c~ay an~ year ~irst a6oi~e irritfen.
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C:.......~ ~o..~ur~ ..na an~inoro~ in !tiP D/PSPIICP o~: 1 ~ / ^ A ! ~y _
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. . FRANK L. SCOTT
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STATE OF F~. NEW JERSEY ~
COliNTY OF MERCER
I HEREBY CERTIFY that on this day. be(orc me~ an
officer duly authorized in the Stat~ afonsaid and in the County aforesaid to takr acknowkdgmenu~ personally appeared
FRANK L. SCOTT
to mc known to b~ thc pcrson described in and who ezecuted the for~qoinq instrument and wh0 acknowkdqed
, }~efore me that he cxccuted the same.
WI7;\ESS my hand and ot[icial seal in thr County and Statc last aforesaid thu ~.Oth diY ~
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A. D. 19~~?
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: : = - --Y--PUBL~~ SEY
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~ `:i `~p .?-:i;~' IAN-__W. JAMES
v_ yj~,. • `G. 'Q~. ~ Y PUBLIC OF NFW JERSEY
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. o,.!~~' RECOADEO ?
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CLERK C,ECUIT COURT ;
R/C0R3 YEki~+EO `
M~u? l~l I si PN'?~
Tlris lul~n~nr~~rl p~rpnrr-d by:
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