HomeMy WebLinkAbout0029 ond ika~~ pe~~orm. comp~y wUk a~id a61d~ br eacl~ aid th~ agn~+n~nfa, itlpu~afioni, eondltio~a ~
co~~a~onfs thvraoj, and o~ thls mortgape, then lhia moregage and tht satnt~ I~n6y cnated, rkall cea~~, d~-
l~imin~ arul M null anc~ ~w1~I. .
,
~ ti~~ ma~~~or hswbr („rth~ oo~e.w.~ts and ~r.., io ~r w~ptly Wh~R d~.. ~1~. wt~~xi! a.sd
infarsl and olhar aueu of money provided ~or in tald nol~ and -ttitt n~ortgage,~ or elther; to pay a~~ a?~
•ingu~ar taxes. asaessrnenls. ~eutes, Uabl~IUet, obugaltons, and encwn~inanc~a o~ ~w~r natur~ ort taid p+~o-
pMy; to peimit. co~nmtf or sul~e? ao wasfe, impairn~ent or dete?ior+alton o~ sai~ ~and or the improuemenb
ihenecn al any llms: to I~eep tl~a tiu!lclt~gs nau or I~erea(ter on satd ~anct ~ully Insurerl in a au~n ol ~ol ~esa
- than HULL INS[11RF.p?B~LE VALUE
in u eompany w rnmpanIes acceptab~ to !ke mortgogee, fhe po~tcp or po~iciea to be he~ ~y. ~d ~yo6le
to, snld mortgagee, nnd in the event any sum ol money beeo~nei payab~s by ~~trtue ol such iruuranc~t !f?~
morlgagee s6oU have Ihf rtght to recetvs and npply 1he same to the indebtedntu here6y tecurvd, acrount~ng
fo ttie mo?lgagw lor any surp~us: to poy nu coata. c~urget. nnd expenaps. tnc~uding ~aw~rer i,eet nnc~ tit~t
searcties, rnasona6ly Incurrec~ or potd 6y the mo.ega9ee becauae ol t{~e ~ui~ure oj the n~ortgagor fo pro~npt~y
and ~u~~y ro~Ply wit~ the agreements, stipu~altoru, cw~diffona and covenanb of aatd note and t~i~ mortgag~.
or etfker; !o perform, comply wilh and abida by each nnd every .lh~ agreemenb. rtipu~ations, oonc~itto~s and
rnvenartta set ort n sa no e nn • ~-sO-~°Y-"'~- -
c~ue any tax, cusesement, Inswance premium or ot~er sum o~ ~.oner r,a~6l~ 6y virfue o~ said noie a?ec~ t~L
rnortgage, or elt~er, Ihe morfgag~ may pay t{~e same, wit~out wnioing w a~(ecting t~e option to jo?ac~ose
or any olher ?ig1~t Rereunder, and al[ suck payrnenb :hal! bear intereat /roni date the~+eo/ at the I~ighest law-
rul ?ate Ihen al[owed by the Iauxs o/ fhe Slnte o~ Florida.
any sum oj money herein referred !0 6e no1 promptly paid wilhin ThiTty (30) dari next n(ter
.
t{~e same 6ecomes due, or ij each and euery tf~e aAreements, stipulalions. rnnditions and covennnb of said
note n?~ t~is mortgage, o~ eit~er, are no! lu~~y perjormed, eomp~ted u~tth and n6tded 6y. then the enttro
sum mentioned in said note, and ~hu mortgage, or tl~e entire balanc~e unpaid thereon, ahall (orthuitth or
tl~ereajter, at the option o/ the morfgagee, 6eoome and 6e due and payu6le, on~tktng in said note or herein
to the conlrory notwitlutnnding. Failure 6y t1~e mortgagee fo exerciae any o( t~e rtg~b o~ options ~e?ein
provitjed s~a~~ nof conslitute n waiver o( any rig~fs or oplions under said nole or lhis mortgage acrnaer! or
t~erea~ter accruing.
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7n WIK`LO the said morfgagor tias tiereunto signec~ anc~ sea~ fhese presents the -
day ancl yenr• jirst a6ove wriffen. ,
Signed, sea and dplineretl in the presence o): ~
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~ STATE OF MI(I~IIGAN ~ .
` COUNTY OF L -
e L?~,y~ ~
~ / . I HEREBY CERTIFY that on thii diy, betorc me, an
officer duly authoriud in the State aloresaid and in the County aforesaid to talu acknowledgments. personally appeued
THCMAS SARKF.SIAN and SEPEUR SARI~SIAN, his Mrife ~
to me kaown to be the prrson S dexn'bed in and who executcd the forcgoing instrume~t and they actnowkdsed
be(ore me that e:ecuted t6e wne. _ .
~VII;VESS my hand and ot~cial seal in t6e County and Sute last aforaaid this ~ day d _
Jime A. D. 19 7H . 1 _
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Q My Co~mission Pxpires: Not ~ Pub i~
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l'~~ts~ TiUe Insurance Coryoration
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