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HomeMy WebLinkAbout0936 . ~ ; ~,1r••q • nnd sha11 per/o?m, comply u~ith and ablde by each and enery the agreements. :tipulations, condil~ons nnd co~~enants lhereo/, and a/ this mortgoge, the~ thts mo?tgage and the e:tute l~enby created, sl~all cea:e, de- lermine anc~ 6e nu~~ anc~ voi~. Tin~ f~e mortgagor I~en~by ~urt~e~ covpnanfs nnd agrees fo pay prompf~y u~l~en due Itie principa~ and infe?rst and olher ~ums o~ money prouic~ecr ~or in saicj note and t~tis morlgage, o~ either; fo pay al~ and singu~~r fhe tnxps, nsaessmenfs, Ipvies, ~iabi~ifies, ob~igalions, nnd encumbrnnces o~ every nafure on said pro- perly;'io permit, commlt or suf~er no WOSI@, tmpat?ment o~ deferloralton o~ satd bnd or !he Improvementt lhereon al any time; fo ~eep the buildings now or her~Jter on said land ~ully Fn:urecl in a sum of not less ~I~n~ unpaid balance of this mortgage in n company or compnnies acroplob~e to Itie morfgagea, fhe po~tep or po~ictea to be held 6y, ond Poya61~ to, sai~ moNgagee, ane~ in•t~e ei~ent any sum o~ money becomes ~xiyn6[~ 6y virlue oj such insurance the morlgagee shall have Ihe rig~! lo receive and apply the same to fl~e indebtednesa hereby secured, aceounting fo the morfgagor ~o~ any swp~us: to ~xiy all cosfs, c~arges, and expensea, inc~tu~ing ~awyer i(ees and itl~e searc{~~s, raisona6ly incurred or paicl by tl~e mortgagee 6ecause o~ the /atlw~e o/ the mo?tgagor to promptlr and Jully comply wilh 1hp agrec~ments, sttpulnttons, rnnditions and eove~anls o! suid aote and thia mortgnge. or eit/~er: fo pe~orm, comp~y wit~ ancl a6itle by eac1~ ane~ every Ihe agreemenis, slipu~ations, conditions and covennnts sef jorfti in saicj nofe nnd t/~is mwtgage or either. ~n ttie euent the mortgagor fai~s fo pay when , due any tax, assessment, insurance premium or othe~ sum of money payable 6y virtue o/ said note ond lhis mortgage, or either, t{~e mortpagee may pay f~e snme, withouf iuniving or u~Jecfing fhe option to ~orec~ose or any other rigl~t f~ereunder, and alI such payments shnll 6ear interest ~rom date thereo~ at fhe higl~est lau~- (ul rale Ii~en alloive~ by tl~e Iawa of the ~~QIP o( F~orida. DL any sum of money herein re~PRP~ IO he not prompt~y paic~ u?ifhin fifteen ~ays nex! a~ter Il~v same bpcomes due, or i( each and p~~ery t{~e agreements, slipulalions, conditions nnd covenants oj said nofe and fhis morfgage, or eifl~er, are ~ot jully performed, complied with •and a6ided 6y, tl~en the enfi?e sum mentioned in said note, nnd this morfgage, or t1~e eniire balnnce unpaid therron, s1~u11 Jort6witl~ or ~ ftiereajler, at ftie option o~ the mortgagee, hecome and be due and paya6le. anything in saic~ note or ~erein ~ fo the conlrary nofu~ill~startc~ing. Failiire ~y fhe morfgagee !o exercise anp of ftie righls or opfions herein proi~iclecl sh4ll not consfif~de a wniner o~ any rifl~fs or opfions un~er saic~ note or Itiis morfgage nccrued or l~~~rea~ter acc?uing. ~n ~itness ~hereof~ t{~e said mo?tgagor I~as f~areunto signecl and sealed tl~ese presenls !hP ~ay an~I year ,~irst ahove u~ritfen. , ' ~ . Slg?IP~. tPOjP~ A~l~ ~P~II+P ~ 111 ~IIP prese~ce O~: - - • - . . ~ ~ ~ • Kenneth C. Horton ~ -~~.~.G. t~ ~ - ~ . - s • ~ n~ ~ Leola F. Horton , ~ ~ - - -me-s; ~ ~ -t-- - - - - - - - . , . 4 ~~~~~C L 7~ ~-C /J/YC.i , . F ' s andersdn - ~ i ~ . • I ~ , ~ Michigan # ~ srnrE oF #~Hktl~lt, ~ ~ ~ i i COCNTY OF Cs~~lO'!lII ~ : I NEREBY C:ER?IFY that on this day, before me, an f ; ~ i o(firer duly authorized. in the SWt~ atoresaid and in th~ Count~ aforesaid to takr acknowledqments, prrsonally appeu~d I ~ kENNETH C. HORTON and LEOLA F. HORTON, his wife, ~ to m~• known to }x thr prrsors described in and wfio ex~cut~d th~ forrQOinq instrument and they acknowledqed ~ before me that they ~x~cuted the same. ~ ~ «`IT\ESS mp hand and of(icial scal in thc Count~• and StaU• (ast a(or~said this 16'~1 day o! ~ 4 ~ Apr~ a. n. ~ 9 i 9 _ - I , ~ . ~ ~ ~ ~ ~ ~~~o = / ~ ' r~~~ , - : . . . . - . . ~ . ~ ~ ~ ~ ~ :t~ ~ 3 ~ - _ - - `,F°, - . i919 t~aY -7 1~ i 17 ROIAND E. AN0 , S; ; : ~F ~ ~Sr,j.- ~ . e P~ctary Pch'ic. C~'t:;•~cn ,r,c:u;.;y. ~.1ic~•.,~,. ~ : ~ 1 ._~~;~C ii (1 ~y.y Conm~ss:nn E':p,res M~r.:rt 2. - iaJ j ; i 3 • . . c 3~' ~ ~j ~~~~~~~ii~z`~ i ~ R y ~ ~(~It1 G4U~ ~ 5. U. i ~ ~ ~f; ~ .RECOit~ Y~Rli't~L._~, ~1 . ~ '~j~ - ~ 44~463 l lric li~s~mi~u•~r~ pr~~r~rr•rl 1 y: MACMILLAN . AND SHEAR, P~. A. ~ :4J,/r~:« 1074 N.E. Comanercial Street ~ ~ ~ , Jensen Beach, Florida 33457 ~ ~ t305) 334-7377 6~~ ~ . ~ ~ ~ -