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HomeMy WebLinkAbout2177 and shall perform, comply with and abide by each and every the ap?eerrtents. stipulations. eortdltioru acid cot?ertants thereof. and of this mortpape. then this moKgagi and the estate hereby created, shall cease, de- termine and be rest!! and void. the mortgagor hereby further covsnartts and agrws to pay promptly when dw the prindpal and interest and other soma of money provided for in said note acid th4 morggoge. or either: to pay all and singular the taxes. assessments. levies. liabilities. obligations, and encumbrrsnns of every noture on sold pro- perty; fo -pe?mit, commit o? auf jer rw waste, tmpai?ment or deteriorofion of said load or the improwmenta thereon at ony time: to 4eep the buildings now or hereafter on said land jolly scoured In a sum of not leas than full insurable value to a company or companies acceptable to the mortgagee. the policy or policies to be held by, and payable to, said mortgagee, and to the anent any stun of money becomes payable by virtue bj such i,tsurartc. the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aceountfrtg to the mortgagor for any surplus: to pay nl! costa. cha?ges. and expenses. irtcludirtg lawyer i f eea and title searches, reasonably incur?ed or paid by the mortgagee because. of the failure of the mortgagor to promptly and fully comply with the agreements. stipulations, conditions and covenants of said noto and this mortgage. or either; to perform, comply with and abide by each and every the agreements. stipulations. condittoru and covenants set forth in said note and this mortgage or either. /n the event the mortgagor jells to pay when due any fax. assessment, Insurance premium or other sum of money payable by virtue of said note and this mortgage. or either. the mortgagee may prey the same, without waiving or affecting the option to foreclose or any other right hereunder, acid all such payment, shnU bear interest from date thereof at the highest law- ~ul rate-then a!lou~ed by the laws of the State of Florida. ~f any sum of money herein referred to 6e not promptly paid within 30 dnys next after the same becomes due, or tj each and et?ery the agreements, stipulations, conditions and covenants of said note and fhfs mortgage, or. either, are not fully performed, complied with and abided by, then the entire suet mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee. become and be dos and payable, anything in said note or herein to the contrtary notu~ilhstnnding. Failure by the mortgagee to exerrfse any of the rights or opKoru herein provided shall not constitute a waiver of any rights or options under said note or this mortgage acatud or Ihereafler accruing.. ` ~~uleSS ~h~tof, the said mortgagor has hereunto signed and sealed these presents the day and year ji?at above written. Signed, sealed and delivered in the presence of 1.,~~ B":•~V-:~~"'Strl !tom R0:3E E. SCIRR i ~ STATE OF FJ~~'~fj¢, MICHIGAN ~ COUNTY OF f I HEREBY CERTIFY that on this day. before men an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgmenb~ personally appeared ~ B.V. SCITURRO and ROSE E. SCITURRO, his wife, to me known to be the person described in and who executed the foregoing instrument and they acknowledged before me that theyacecuted the same. ~ Wt7'NESS my hand and official seal in the County and State last aforesaid this V of ~ t--ll/ day of Jar.~aarl A. D. 1979. I - ~ NOTARY PUBLIC My Commission Expires: ~ E C., ` , _ _ . .v ~ p ` ~ ~ s i i ~ ~ 1. - • r ~ _ RECORDED , -T- ~ t = • ~ • "-.~"~.r- ~ = r S~EQ~AND GUNTY. FLA~ ~ ~ '~9 FEB 2 PM 3:20 • ~ TAis Instrument Prepared by Tliu Inilrumcrt~ pnparrd by: M,l+ory L. Johnson, Attorney at Law ~ Ad:lras '.G~ N. Florida Ave. c•('s '=~;T~t:~- 91 U. Box 956 ~ RK C.R~Utl' ~Ol;R7 9^pr~V~ ~,rc2~ / I F`~~~:~ia 33494 ~ `a tJ k. ~ _ ~ fL - ~