HomeMy WebLinkAbout2955 ' and shall prrJorm, romply u~ilh and abide by each ~nd e~~ery Ihe agreemenls, sttpulationi, conditions and
cooenanis thpre•o/, and o( this morf~a~e, tl~en fhls mortga~te and the estate I~ereby create~l, shnll crase, de-
Iprmine ancl I~e nu~~ anc~ roi~.
~nd thp mo~t~a~tor her~~by jurlhe~ coi~enanls and agrees to pay promplly when due the principa! and
internsl and olE~er sums o~ money pro~~i~IecJ ~o~ in saic~ nole and i{~ts mortgoge, or eifher; fo pay a~~ and
sin~u~ar t~e IACPS, assessments, IPUlPS, ~1atii~itips, o6lipatio~is, anc~ encum~rancea of every nafure on suicl pro-
pprfv: fo permil, commil or su~Jer no waste, impairment or crele~iomtion o( said ~and or the improt~emenfs
1{~ere~n a! a~~y lime: fo ~r~ep I~e ~~uilt~inns nou, or tiereaJl~r on saicr lant~ lully insuret~ in a sum o/ not Iess
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in a company or rnm~nies accepi~l~le fo the mortga~ee, fhe policy or policies to be hpld 6y, and paya6le
to, said morf{~ac~ee. and in I?~e event any sum oJ money 6ecomes paya6le 6y nirtue o( suck insurance the
mo~t~a~ee shall have the riflht to re~ceiue and apply 1he same to tl~e indebtedness here6y secured, accounting
to i~ip mo?f~a~or ~or any siirp~us: fo pay a~~ cosls, charges, and expenses, including ~awyer s(ees anc~ ftl~e
searrhes, reasona~~~y incurret~ or ~~td by ~hp morfgagee ~eca~ue oJ !he ~ai~ure oJ Itie morfgagor to prompt~q
an~ ju~~y comp~y u~if{~ Ihe a~reemenis, sfipu~alions, concritions an~ coi~enanfs of saicr note anc~ fhis mortgage.
or eit~~er, fo per(orm, ~omp~v u~if~~ anc~ a6ic~e by pa~h anc~ every I~ie ag~eemenfs, sfipu~alions. conditions and
cone~innts set jorlh in said note and this ~iortgage or eit{~er. In the ei~ent the mortga~or ~ai~s to pay when
due any Inx, assessmenf, insu~ance premium or o!{~er sum o( mo~ey payn6le 6y virlue o( saic~ nole a.~d th~:
mortc~age, or eif/~Pr, t~ie morl~ac~ee moy ~Qy ~f~p sam~, u}ifhouf waiving or a~~ectinq the opfion !o ~oreclose
or m~y oiher ric1l~! I~ereun~I~r, anc~ a~l such paymenis shall 6e~ar inlprps! (rom date thereof at Ihe R~9hese lau~-
~ul mte flten allo~ned 1>y II~p la~ns Of I~P State oj Florida.
Dl any sum o( money I~erein re(errecl to be not promplly pait~ within ~11T'ty ~aYs next alter
1{~p samP herom~s ~ue, or iJ eacli anc~ enery fl~e a~reemenls, stipulnfions. con~Iitions an~ cot~enanis o~ saitr
nole nnd this morlfin,rye, or pithPr, are not ~ully performe~. comp~ied u~itF~ unc~ abi~et~ by, Ihen flte entire
sum mentioned in said nole. anc~ lhis morfgagp, o~ iF~e entire 6nlance unpaid tF~erc~on, shall (or1l~u~ith or
I~ereaJter, ~f f~~~ opfion o( f{~e mort~agee. tiecome an~ E~p tlue ancl paya6le., anyihing in saicl note o~ herein
to f~ie conlrary nolwif~~stanc~ing_ ~'ai~urn ~~y !he mort~o~tee to exercise any of f~e rig~ts or options ~erein
prori~I~cl sha~~ nof consliful~ a u~air~r o~ any ri~{~fs or oplions under sai~ nofe or fhis morfgage accruec~ or
i{~erea(I~r acc•ruin~.
~n ~itness ~h~reof~ t{i~ saicl morfgaqor has I~Preunto sictnPd nnd s~aled Ihese presents fhe
c,ny aru~ y~ar jirst a~~o~~e u~riffen.
Signt~t~. sea~et~ ancr ~~~irernc~ in 1~~ pres~ncp o~: v` .
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STATE OF F~~ IOWA ~
CnL!~TY C~F_ . f} ~J ~ v~(f ~ - I}~EREBY CERTIFY that on this day, be(ore me. an
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'o((' r cYuly.~ti~aq?.~ in the Statc a(oresaid and in the County afore•said to tak~ acknowledqmenu, pc~rsonally appeared
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L ~f c ~l,~?; Jos~x x~oLn sx~rrnEL
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••'_'te' ~ knoNn ,tp ~r
~e p~~rson described in and who es~cuted the fore¢oinq instrument and he acknowkdged
~ ~ ~be~re~,~ mr ,that~.„ ti : ; ~:tcuted the same.
+ ~ny, hand and of(ieial seal in thi~ (:ountq and Stat~• last aforesaid this ~'~/Q~ day o[ -
? , ~ ` :a. D. 19 74 . ~ • I
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MY ONIlKISS ON EXPIRES :
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~ENtY F~~' ~
f?IEUC•E CCUTAAS ~
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