HomeMy WebLinkAbout1545 nnrl sI~aII pprfo~m, comply u~ith and a6ide 6y each and e~~ery Ihe agreemenls, afipulattons, conditioru and
co~~enants IhP~eof. and a~ IF~is mortpa~e, Ihen Ihis mortgage and Il~e PlI~IP hp.p6y c~ratecl, ahall cease, d~-
le?mine art~ he nu~~ an~ ~~oi~.
~ 11~e morlga{~o~ I~Preby jwtheM covenants and agrees to pay prompt~y wtien dus the prlncipal a~d
inferes! and ofher sums of money provic~ec~ ~or in said note and ftiti morfgage, or eifher: fo pay a~~ and
stn~u~ar 11~e taxps. assessmenis. ~evtes, ~tatii~ifies, ob~igations, and encumbronces o~ every ~ature on satd pro-
perly; fo pe?mif, commit or su((pr no wasle, impairment o~ dete?toration of said land or the improvementa
therrcn a1 any fime; to RPPp I~P buildings nuu~ or herpajt~r on caid land /ully in~iued tn a sum o~ not less
Ihan 1dIL
in a company or companies acceptuble to the morlgagee, the policy o~ poltcies to be held 6y, and paya6le
to, snic~ mortgagee, ane~ in Ihe euenl any sum o) money becomes Poyable by virfue of such insurance Ihe
mortgagee shall have the ri9{~t to receive and apply Ihe :ame to the inde6tedness {~ere6y secured, aceounting
fo f~~ morlga{~or ~o~ any s~i?pli~s: fo pay a~~ cosls, charpes, and expertses, inc~uding ~awy~ s~ees and lil~e
sea?rhrs, rPasona~~y incurn~c~ o~ ~,~d by +I~p morfga~ee because o~ t~e ~at~ure o( I~e mortgagor to prompt~r
an~ ~ully comply willt Ihe agreements, sfipu~alions, conc~itions ond c~ovenants oJ said note and f~is morlgage.
or pil~~er; to perform, comply u?~th and a61de 6y eac{~ nnd euery !he agreements, stipu~ations, condifions anej
conenanls set ~ort{~ in said nole nnd ll~is mo~tgn9e or eill~er. In the event the mortgagor ~aila to pay when
c~ue any fax, assessmenf, insurance premium or other sum o~ money paya6le 6y virtue o~ satd note anc~ t{~is
morlgage, or either, l~~e morfgage•e may pay 1{~e same, wittiouf wuiving or af
jecfing the oplion fo rorec~ose
o? any olhe~ rig/~t F~erpu?ic~er, and all such payments shall 6ear interesl (rom date thereoj at 1he higkes! lnw-
~ul rn~e IR~n alloiuecl by f{~e lau~s o) the Stofe o~ Florida.
1` nny sum of mon~y herei?i re(prrecr io be nol promptly paicl w~th~RThirty (30) doy: nexf afler
f~p same he~comes t~ue, or i~ earh and every the agreements. sfipulalions, condiiions an~1 covenanis oj saia
note and this mortgaf~e. or eith~r, are not ~ully performed, complipd with nnd a6~ded 6y, then tl~e entire
sum mentioned in said note, a~d t{~is morigage, or the entire balnnce unpaid thereon, shall forthwitk or
thereajter, at fhe opfion of 1he morfgagee. 6ecome nnd 6e due nnd paya6le, nnything ~n snid note or herein
fo f{~e contrnry notu•ifl~standing. FailurP 6y the morigagee lo exercise any o` ttie rig~ts o~ opttons ~erei~
pro~~icrecl sholl not constilute a wainpr o~ any rigtifs or opfions under sai~ note or f~is morfgage accrued or
I~ernaJler accruin~.
~n ~~~Q~ ~~~1~ fhe sai~ mortgagor ti~s I~ereunlo signe~I and sPaled these presenls fhe
~ay an~ year Jirsf ahone IPIINP?1.
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Signed. seal~i and delinered in Ihe pres~nce o): ; , / -
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STATE OF ~oa~a[. NL'G1 JERSEY ~
cou~r~r~r ~F MERCER
I NEREBY CERTIFY that o~ this day, be(ore me, an
of(icer duly authorized in the Stat~ alor~said and in th~ County aforesaid to tak~ acknowledgments~ p~rsonally appearcd
FRANK L. SCOTT
to me known to tx thc person described in and who ex~cuted the for~QOinQ instrument and ~0 acknowkdged
~~f.
orc me that he ex~cuted the same.
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~ ~~;f-:~~- tiVl7'tiESS my hand and o(ficial seal in thc C:ounty and Stat~• last afot~said this ]ttl d~Y ~
~ T=~:?` _}~~,~'?~r' ~$y A. D. 19 7l1
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~ t - NOT PUBLIC, ~F JIItSEY ~
; " = ~ ~ ~ AN W. JAMES ~
~ - ~ NOTARY PUBLit OF NEW JlRSIY
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C. ~L r:'' Y~? Coiaarspoa E~ D«~sbp I,1I1 ~ '
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• f}LED ahG kfC~R0~0
:T.LU(:iE COUM Y f A. l
R4G~ri '~~tiiQAS
~ ' ~«~K ~.;~r,Ulf COURT
Rf~,•:R~ V~R?~~CO.r--=
~ ~5 3 Z4 PN'1~1
"!'l~is /n~niur~n~ prrpnrr~~/ hy: `~.~`„~~a.rj`~r
;,,;~,n_~J E ~ ~ z27 F~~~543
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