HomeMy WebLinkAbout2976 ond shall perform, con~ply uith mu! aLi~Ie by eucl~ an~t euery tlie u~;rcen+cufs, stipulafions, co~ulltions and
covenants tliereof, arul o~ d~is ~nort~;a~;e, then this nwrt~a~e u~ul tGe estate herel~,y rreated, shall cease, de-
termine arul Le nu11 and ooul. .
~ ihe mortgabor he?eby further co~erw~~ls oncl abrees to ~wy promptly when due the princtNal and
interest ond other sums of aioney proua~e~l for in said note arul this rno~t~age, w either; to pay aU and
_ singula~ the taxes, assessments, leuies, liabilities, oL(igattau, and encumGrances of euery nature on said prop-
erty; to per?nit, commit or suDe? no waste, impairrnent or deteriorution of said la?ui or ti~e improvementa
the~eon at any time; to keep the huildings now or hereajter on sakl Tand fu[~y insare~l tn a sum of not less
than Tea Thousaad Five Huadred and No/ 100------------------
in a company or companies acceptable to the mortga6ee, ilie ~witcy~or policies to be heki by, and payable
to. said mortgogee, arul in the euent any sum of money becomes payable by vjrtue o~ sucl~ inrurance the
martgagee shal! have the right io receioe a?ul apply tlie snme to the indebtedness hereLy secured, accounting
to the mortgugor for any surplus; to }wy all costs, chnrges, arul experues, inclurling luwyers fees a~ul tttie
searches, i~easorwbly incurred or }wid by the mortgagee because of the failure of the mortgaUor to promptly
arul fully compl~ u:ith ihe agreements, stipulations,. corulitions anri coue?wnts of soid note a?id this mortgage,
or either, to perform, comply u~iih and abide by each ancl e~enJ the agreements, sttpulations, conditions and
conenants set forth tn said note and this mortgage or either. In the event the mortgagor fails to pay when
du~ any taz, assessment, insurance premium or other sum of money payal~le 6y oirtue uf soic! note ancl tliis
mortgage, or either, the mortgagee may pay the same, without u:aioing or oBecting the option to foreclose
or any odter right hereunder, ond aU such payments shatl Lear interest from date tl~ereof at the hi~l~est law-
ful rote then allou;ed by the laws of the State of Florida
~L any sum of money herein referred to be not promptly paid icithin 30 days next afte?
tlie smne becomes due, or if each a?ut euery ihe agreements, stipulations, conditions a?ui cove?x+nts of said
note and thes mortgage, or either, are not fuUy perforn~ed, complied with and abided by, then tl~e entire
sum mentioned in saicl note, und this mortgage, or ihe entire Galance unjwid therean, shall forthu7ith or
thereafter, at the option of the mortgagee, become and be due and payable, a?iything in said note or herein
to fhe contrnry notu:sthstarulinb. Foilure by ihe mortga~ee to exercise any o~ the rfghts or options herein
prouided sholl"not constitute a uaiver of any rights or options under said note or t1~is mortgage accnied or
thereafter aacn~ing-
~n ~itness ~hcreof~ the said mortgagor has liereunto signed and seaTed these presents the
diay and year first above ~critten. - -
- - - . -
Signed, sealed a?ui deliuered in the ~sresence of: ~
- - -
-~F-
- ~?oro ~ P
~
.
. - - August C. P
;
~
STATE OF~~~~* New Jersey ~ -
covx~r}r oF ~l~,~,~5.~ Morris
I HEREBY CERTIFY that on this day, before me, an
o~cer diily aut6orized in the State aforesaid and in the County aforesaid to take acknowledKments, Persona~y appeared
DOROT_*•iY PEYMAN. joined by her husband 'AUGUST C. PEYMAN
ackrn~~.•k~cl
t~ ~ne k~xi~cn to fx• tln~ peru~n ik~su•rilx~l in and ~cho ~•~rc•utrd tlx~ fore~uinK incM~nw•nt :uxl they
l~eforc n~ tlwd ~1@y i•\lY'U~tYI ~~K .:uiK. ~p
3• day of
WIT\EtiS nn• hx~xl and nf6cial sc:d in t}x~ ('~~unh• xnd Statc lact :tforc+aid this
October A. u. ts~ 74.
~~S~u~3 .
KATHLt E~1 RITA DRE~CHER
Nar~r nwuc o~ nEw ~~r
~ Ms c.o~nt~toe 6cv« Noi?• ~7 ~4f~
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' ~ , , . - i1lEC AH~ RECOiiDEO ~
: : : - st ~uc~z ~ouktr Ft~.
~ ~~Y _..~~;s ROCER PJITRAS i
_ ~ CtERK C~A.CUiT COURt ~
,i.+'.: ~Cj f; RECORO VE~tlFlt"D
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