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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. _ , / ^ ~i i Signed. seal~i and delinered in Ihe pres~nce o): ; , / - , / ..t u~' L - ~ - ~ - - - - - v ~ L. sco ~ . ~ - - - . 'i . - - t ~ f ~ ~ - . ; ~ 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. , ~..•,Yti ~ ~~;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 . •'a...~ ~y.~`.~ `.;t _ . _ _ . QE`~` ' : s~-:: 4 ~ . «~y.. ~ ` : _ . ' i•° v : lLtGLi-1~i._ = ~ t - NOT PUBLIC, ~F JIItSEY ~ ; " = ~ ~ ~ AN W. JAMES ~ ~ - ~ NOTARY PUBLit OF NEW JlRSIY > - ~ - C. ~L r:'' Y~? Coiaarspoa E~ D«~sbp I,1I1 ~ ' . , . ~ • 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 - , . ~ ~s t>~ ~ _ _ - ~ _ s~~ _