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HomeMy WebLinkAbout1852 _ ~ and shall perform, comply with and abide 6y each and every the agreements, stipulatioria, conditions and rnUenonts thereof, and o/ this mortgage, then this mortgage and the estate hereby created, shall cease, de- termfne and 6e atilt and void. the mortgagor hereby further covenants and agues to pay Promptly when due the principal and interest and other sums of money provided for In said note and this mortgage, or either; to pay all and singular the faxes, assessments, levies, liobllttles, obltgnftons, and encumbrances of every nature on said pro- perly; to permll. commit or suf jer no waste. Impalrmen! or deterto?ation of said land or the irrtprovemenb lherecn at any time; b Ieeep the buildings now o? heren/!er on said land fully Insured in a sum of .not Less than N / A in a company or companies acceptable fo 1he mortgagee, the policy or policies to be held 6y, and payable to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of suck Insurance the mortgagee shall have the right fo receive and apply Ike same to tht indebtedness hereby secured. accounting fo the mortgagor for any surplus: to pay all costs. charges, and expenses. including lawyer's jeer and tttb searches, reasonably incurred or paid 6y the mortgagee because of the failure of tite'mortgagor to promptly and fully comply with the agreements, stipulations, conditions rend rnvenants of said note and this mortgage. or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and rnvenants set forth in said note and this mortgage or etcher. In the event the mortgagor jai6 !o 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 date thereof at the highest lnw- f uI rote then allOlved by t11P Iatas Of !hP State Of FIO/lda. ~l any sum of money herein referred fo be not promptly paid within thirty days next after the same becomes due. or if each and every the agreements, stipulations. conditions and couennnis of said note rend this mortgage, or either, are nqt fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthuiith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything In said note or herein to the contrary nofu~ithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constffttte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. . ~n ~itntSS whereof, the said mortgagor has bereunio signed and sealed these presents the day and year first shone u~ritfen. Signed. sealed and delivered in the presence of a IAN A. OLMANSON ELS E B. OLMANSON F ~ h e I STATE oF~~ I~+:IldNNFSOTA ~ ~ COUNTY OF ~ 1 HEREBY CERTIFY that on this day. before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JULIAN A. OLMANSON and ELSIE B. OLMANSON, his Wife to ttr_~ known to be the prrson Sdescribed in and who executed the foregoing instrument and they acknowledged before me that t h e y executed the same. W1Tti~5cmy hand and official seal in the County and State last aforesaid this 25th dar ~ April A. D. 19 79. NOTARY PUBLIC 44'~`7y,~ • r c~i9 Jt'~ ri~ 3. ~ .lo AriNc T. >`,yt;~.:~cy 1 _ ~~i NOTA°Y Pi:^:`C-l: "~~•cSOTA filEO RN[' NtCGNUcU t! H~N~1cP+N COL•'r1T`( -1 ~ ST.It;CIi' Cf.::.YTY. f l l+. bty Ccrmc,~:n E~.rss :qtr. 15. I9$4. RGSEft POl T RAS x w CLERK URCJIT CGURT ~y~ _ P~CG°^ 1'f' r. a '~S ;v htshnatsrat rrss re0 bTi "lliu htlninu» i p>!+rp~nr! by: Hor! rtrtF tlrsua.~,c: co::POw?noa 107 W:Itham AvsnW n~~~~,~u ~ ep. F~~ ,zf~ eo~x ~10 Fact ~8~