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HomeMy WebLinkAbout0715 , ' and shall per(onw, comp~y witti ~~~d a6id. 6y eac{~ anc~ eve?y 1~?s agreemenfs, sllpu~atto?u, conc~it[ont a?u~ , covenaRts fhereo/, and oJ fhis mort~age, then thta morlgage and !he e~tole hereby created, s1~all cease, ds- termine and be nu11 and i~oid. f~e mwlgagor {~eruhy ~urfher covenanfs and agreea to paiy promptly wken due the principal nnd inter~eat and ofher sums o~ money proutded ~or in ~id nofe and this mortgage, or e1tl~er to pay all and singular tf~e taxes, assessments, leuies, lia6ilities, o6ligalions, and encum6rances o~ euery nufure on soicl pro- perty; fo permil. commif o~ suf(er no iuasle, impairment or defe~iornfion o~ sa~d l~nd or ftie Improvemenft thereon at any fime; to kpep ~h~ huilclings now or tie?ra~ler on said lancl ~ully insurec~ in a sum o( noi ~eas ~~a~ its insurable value in a company or companies nccepfab~e !o fke mortgagee, tf~e po~icy or po~tcies to 6e heW 6y, and payn6le fo, anld morfgogee, ant~ in f{~e event any sum o~ money becomes ~ya6l~ 6y virtue o( such insurance the mortgagee shall kaue fhe rigl~t !o receive and applp the same !o the inde6tedness her+R6y secured, accounting fo /{~e morfgago~ for any surplus: to pay a~~ cosfs, charges, and experiaes, including ~awqers jeea and tit~e searches, reasona6ly incurre~ or ~~d 6y ~h~ mortgagee because of fhe fat~ure o~ f~e mortgago~ fo prompt~y 1 and Jully comp~y with !~e agreemenfs, sfipu~ations, conditioru and covenants o( said note and t~Ia mortgage, o~ eifher; to per~orm, comply with and a6ide by each and euery t{~e agreements, stipu~atioru, conclifio?u and couenants set jortl~ in snid ~ole and this mortgage o~ either. In tf~e event the mortgagor /n~l~ ~o ~xiy wF~en due any tax, assessme~t, insurance premium or other sum of money paya6le by virtue o/ said nofe nnd this mortgage, or eithe~, 1{~e mo~tgagee may ~y t~e snme, wilhout waiving or a~~ecting the option to jorec~ose o? nny other right I~ereunder, and all such pnymenfs sl~nll 6ear interest (rom date lherro/ at the highest lau~- (u! rate fhen nllowed 6y thv l~u?s o/ Ihe Stnte oJ Flo?tda. ~ ~l any sum oj money herein re%rrecr to be not prompt~y pait~ wifhin thirty cjnys next u~ter j~ the same becomes due, or ij each and euery the agreements, stipulations, conditions anc~ couenants o~ snicl j~ note and fl~is mo?tgage, or either, nre not f ully per~ormed, complied wit{e and abiclecl by, t~e?i !he entire sum mentioned in said no1e, and lF~is morlgage, or tl~ e entire balnnce unpaid tl~ereon, sl~all /orthwit/~ or tl~ereaJter, at the option o/ the mortgagee, become anJ 6e c,ue ancl paqa6le, anything in aaid note or {~erein ~ to t~e cont~nry notwifl~stmuling. Failure 6y ehe mortgagee fo exencise nnq of the righfs or oplions kerein ~ provicletl s~a~~ not constitute n waiver oJ any rights or opfions uncler suid note or t~is mortgage accrued or itierpaJfer accruing. i ~ ` ~n ~~lll~ ~ILL`L~`~ f~e saic~ mortgagor has hereunto signed and sealecl these presents f~e ~ c~ay ancl year ~irs! a6oue u~rittpn. ~jS IS A BAI~IAQJ NDKPGAC~ 1~ND Tf~ FIl~I, PAYI~TP j 1 r UpGN NfAT[JRITY IS $48, 301. 42 ' S1911PA. SPQ~P~ ARd [IP~1I~PfPd I/I ~~P OR PI~C~p' Oj: ~r~ i - - - H~S - ~~1-- - - - - .-~-.f........ ~ : ~ ~ r AROLD W. H. WELLMAN I ~ - ='~~..:~,c:..:~=~/'.--._. ; - ` _ G(i:~'~~F~ ' ~ ~e~ ~ - ~ - - ~ - ~ . . - - . - - - i - - : ~ ONNIE DEE WELLMAN " i~ rs _ _ . {_:~-.:y ~ ~ - ~ E ~ ~ , - - - ~ ; ; ~ ? ~ ~ sT:~~rE oF w~c~ MICHIGAN ~ ~ CO['~TY OF Clinton ~ ~ I tIEREBY CERTIFY that on this day, before me~ an offi~rr duly authorii~d in the Stat~ a(or~said and in the County a(oresaid to tak~ acknowledgments~ pcrsonally appeared ~ ' Harold W. H. Wellman and Bonnie Dee Wellman, his wife ~ tv m~~ known to br thr prrson g described in and who eaecuted the forrqoinq instrum~nt and Wh0 acknowledged ~ f~cfon• me that they ~x~cuted the same. ~ H'ITIESS my hand and o((i~ial seal in thr Counh• and Stau• last afor~said this 1St day of March D. t9 79. ~ ~ ~ My commission expires: ~ ~ ~ November 1, 1982 ~J . Q!'!Jl.~~~,,' - - - - . i; o ary Public - ; l:~ }~..`l: . ~ - ` ~ • 1 ~ ~ ~ . • • ~ : ~ - ~ ~3'7624 " ~ ' . ~ , . . . a r~~l ~ : i 5 ~ _ , . . i's I ~ ~ ~ ~ : ~ . ~ , ~ . - ~ § ~ , ~ aooK 3U5 F~~f ~ 714 ,j ~ g~ ~