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HomeMy WebLinkAbout1025 t . and shall perform, comply iuith and abide by each and every the agreements, :tipulatioris, condittons and covenants thereof, and of this mortgafe, then this mortgage and the estate he?eby created, shall cease, de- termine and be null and twirl. Iin~ the mo?lryagor hen•by further rnvenanfs and agrees io pay promptly when due the prtnctpal and interest and outer sums of money provided for in said note and this mortgage, or either; to pay all and singular the fares, assessments. levies, liabilities, obligations, and encumbrances of every nnttue on said pro- perty; fo permit. commit or suffer no waste, impairment or deterioration of said land or the improvements Iherren of any time: le• ~r?nyr-flte ~?e?i~elings-?~oen er her~tPr eh -said-lAncl~ f trlly-instrrecl- nt' a 3am-~of ~t Hess fIMR ' in a ~~ewspts?ty er-rempar[rhs -aecrptt?bl~- to-fJtr ~nurfgagee- f{ne-policy- or polici>'s •to ~e ~eeld-by-, end -petyalrlr din llrr•rt?ewF-erny-stenro~me?ec~r-becomes-payable-Gyi+(rhre-ef-suCh-insura?t~-the mortgagt~(? shall-bare ~ha cigbt-te-rreeit+e-ond-opply- IJte~sewte /o-tJte iradeLfednes~hereby~eeterec~ neeeeerrfing hrtltr~?1vrhFagvr-(ormry-srrrplRS; fo pay all costs, charges, and expenses, Including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply t?+ifh fJte agreente?tts, stipulations, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide 6y each and every the agreements, stipulations, rnnditions and cot+eua?tts set forth in said mole and flits mortgage or either. In the Fvent fhb mortgagor fails to pay when due any tar, assessment, insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or eifJter, the mortgagee may pay the some, without waiving or affecting the option !o foreclose - or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate then allow+etl by t?tr laws of the State of Florida. any sum of money herein referred to be not promptly paid within 15 days next after _ the same hecomes due, or i f each and every the agreements, stipulations. conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon, shall forfhwfth or thereafter, a1 the option of the mortgagee. become and 6e due and payable, anything in said note or herein to the contrary nolu+ilhsfanding. f=ailure by the mortgagee to exercise any of the rights or options herein provided shall not consfihrte a waiver of 'any rights or options under said note or this mortgage accrued or thereafMr accruing. ~n ~itneSS thereof, th(. said mortgag' 'has Jtereunlo 5iltned and sealed these presents the day and year f irsf shove a+rttten. ned. sealed and rlelieered in the presence of a I ~Ch - y L ~nrtxn L i~ ~ mes ~ Wag _ r :,aroma ' ::c ertinc i STATE OF ~>IiQiA'>7~3~, MICHIGAN f c~t?~TV c~F MARJaUETTE 1 1 HEREBY CERTIFY that on this day, before me, an o(fircr duh• authorized in the State- aforesaid and in the County aforesaid to take a(-knowledgmcnts, personally appeared ~ JAMES C. WAGNER to me known to tx• th!• person described in and who executed the (oregoin¢ instrument and he acknowledged tx(orr• are that he executed the same. ~~']l~\ESS my hand and of(i• ial seal in th+• (:ounq~ and Stad• last aforesai this / j r~ day of I October D. 19 ?9. • .......r....,. a., r T = V ~ • .rte Notary 'c in for the State and ~ . ' y = ~ County of resaid. / - 3 : t~ My Comm'n Expires: (D ' v : ~ ' f _ _ 46419~bi , ~ ` ~ i 29 Ft; I~ SLLUCIF CCJV1 Fl RQGEft POI i F•'.,: %is /ns/rrnrrrsl PrcFrnr'tl l?y: t'..ERK cte,^(~?T rrt;~; :1 Jdir _ts THIS INSTRUMENT WAS PREPARED BY nRt~ 9•-~- - _ ~ FRANK FEE • FIRST FEDERAL BLDIi. ~,~?K J19 PAGE 1V~3 FONT PIERCE ELORI011