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HomeMy WebLinkAbout1138 and shall perform, comply urilh and abide by each and every the agreements, stfpulalion's, conditions and covenants tltereoj, artd of this mortgage, then this morlgage and the eatate hereby created, shall cease. de- termine and be null and twirl. ~nd the mortgagor hereby further covenants and agrees fo pay promptly when due the principal and , interest a?td other sums of mo?tey provided jor in said note and this mortgage. or either; to pay all and singular the fares. assessme?t1s, levies, liabilities, obligations, and encumbrances of every nature on said pro- perty: fo pe?mil, commit or strf ter no waste, impairment or deterioration of said land or the improvements Iherecn at any time: fo beep Ihe.buildings now or hereafter on said land jolly insured in a sum of not less titan Nil. in n company or t•om f>arties acceptable fo the mortgagee, Ilte policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgagor jor any strrpltrs: to pay all costs, charges, and expenses, including lawyer's fees and title ' searches, reason?ably incurred or paid by the mortgagee because of the failtue of the mortgagor to promptly i and jolly comply with the agreements, stipulations, conditions and rnvenants of said note and this mortgage, or either; to perform, comply will[ and abide by each and every the agreements, stipulations, conditions and ' Covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from dnfe thereof at the highest law- jul vale then allourerl by the laws of the State of Florida. any sum of money herein referred to 6e not promptly paid within 30 days next after the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this morlgage, or either, are not fully performed, complied will[ and abided 6y, then the entire sum 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 6e due and payable, anything in said note or herein to the contrary notu~itltstandinq. Failure by the mortgagee to exercise any of the rtghta or optioru herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or ` thereafter accruing. s the said mortgagor has Iterellnf0 signed and sealed theae.pre~ents the -fin witness thereof day and year first above toriffen. :'•i~ . c~ f. Signed, sealed and delivered in the presence of : , r~ . Ohctr k. ._y:_., R eft E- <11 n Sharon A. Paulson ~ " f STATE OF i~~~(, WISCONSIN CoL'~TY clF RAC I N E I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared ROBERT E. PAULSON and SHARON A. PAULSON, his wife , ~ ~ : , to me known to tx the person g described in and who executed the foregoing instrument and who at{etioyvkdge~ . - . . before me that they executed the same. ~~'1'l:`ESS my hand and official seal in the County and State last aforesaid this ~3~' day oI-~, A. D. 191 _ ' Notary Public !919 i~"Y 24 ~ ~ - F1LEO faro k~coi+t,t0 ST.IUCIE Cc~?OITRAS ROGER CLERK C1P.CU1~ CCUR~ 45564 My Commission Expires: . ~ i ~Q ~ oZ- 1%u hulninrrn~ prepared hy: C' k ~(u~ ~ 5Gi'~? V~~77 ri~~f 113? ~ Add?ru f ti } ~.F~- ~ _