HomeMy WebLinkAbout1368 t
J. Mortgagor shall have the right to prepay the whole
or any part of the unpaid balance of the indebtedness
hereunder at any time without penalty. However it is agreed
between the Mortgagor and the Mortgagee that any prepayments
shall be first applied to the payment of the First Note
and First Mortgage. Any prepayment snail De aPpiiea zo ciir~
interest accrued to the date of prepayment and then to the
principal indebtedness. Any prepayment being applied to the
principal shall be directly paid for principal reduction of
the First Mortgage and First Note and any amounts over and
above the entire principal indebtedness of the First Mortgage
and the First Note shall be paid over to the Mortgagee
herein.
K. Mortgagor shall be responsible for obtaining
insurance on the property for the highest insurable value
and said Mortgagor agrees to provide the insurance company
with the names and the interests of this- Mortgagee as well
as the holders of the First Mortgage.
.ENTERED INTO and agreed to by the undersigned on the
day and year first above written.
MORTGAGORe. MORTGAGEE:
JO/~SEPH HAbh'. ER REINO A. -HARK NEN.
"
~I
c ~ t-/" "t~ r~
j S HIKE E. R
ST.LL'~'E COfiVTY.FIA.
ROGER POITRAS
CL£kK CIRCtitT C T
4439'7
a~~~3.~9 P~13~5
f
s