HomeMy WebLinkAbout2920 _s. - - - - - - - -
and shall perform, comply with and abtdi by each and every, thv aprwmenfs;• •lipulattoris, cortdietons and
eatrtanb thereof. and of fhb mortgage. then this mortgage and the state hereby chafed. shat[ eeose. de-
termine and 6e null and Maid.
th.? mortgagor hereby /urther~ covenants and .ooewr 10 pay promptly wlNn dw th. principal and
interest and other sums of money provided for to said note and th4 mortgage. ~ or either; to pay -all and
singular fhs taxes. assessments. levta. liabtlitia. obligations. and encumbroncea of eveq nature on said pro-
peMy; to permit. commit or suffer no waste. impairment or deterioration of said land or the tmprowmenta
' ihertren at any time; fo beep the buildings now or hereafter on sold land ju!!y insured in a stun of not leas
than highest insurable value
in a company or companies acceptable to the mortgagee. the policy or poGciee to be held by. and payable
to. said mortgagee. and in the engine any ,tun of money 6etwmes payable by virtw bj such tnaurance the
mortgagee shall have the right to receive and apply the some to the irtde6ledrau herby securod. aooounttrtg
to the mortgagor (or any surplus: to pay all ewb. charges. and experues. including lawyer i /ea and title
searches. reasonably tncurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and jolly comply with the agreement. stipulations, oortdffions and covenants of said note and fhb mortgage.
or either: to per(orrrt. comply with and abide 6y each and every the agreement. stipulations, eortdtiiorts and
covenants set forth to said note and this mortgage or either. In the event the mortgagor jails to pay wh~rt
due any tax. assessment. t?utrtYtrtee premium or other rum of money payable 6y virtue of said note and fhb
mortgage. or either. the mortgagee may pay the same. without wdving or affecting the option to jaracbe
or any other right hereunder. and al! such payments orbs!! bear tnte?est from date therooj at the ktghst law-
f
ul rate then allowed 6y the laws of the Stnte of Florida .
~l any sum of money herein ro(er?ed to 6e not pranptly paid within thirty days ntxt after
the same becomes due. or i( each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either. are not jolly performed. complied with and abided. 6y. then the. entire
sum mentioned in said note. and fhb mortgage. or the entire bniance unpaid thereon. shall forthwith o?
therea/ter, at the option o/ the mortgagee. 6econte and be due and payable. anything in said note or he?etn
to the contrary nottuifhstanding. Failure by the mortgagee to exercise any of the rights or options heroin
provided shall not constilttte a waiver of any rights or options under said note or thL mortgage accrued or
ther+ea/ter accruing..
~n ~l~~S r the said mortgagor has hereunto signed and sealed these present the
day and year f
iat above written.
Signed, se~led and delivered in the presence o : <
,~M Ivan D. Dowers ike -
- _ ....--.~D..a . ........................................p...._..
f
STATE OF Fes, MICHIC*AN
COUNTY OF MACOMB
I HEREBY CERTIFY that on this day. before the, aut
officer duly authorized in the State aforesaid and in the County aforeuid to take ackaowksdsmenn~ personally appeared
IVAN D. DOVERSPIRE
to tree known to be the peraoa descn'bed in and who executed the forcgoitgt imtrument and he acknowkdBed
heforc me that he executed the same.
WITNESS my hand and officul seal in the County and State last aforesaid this ~ 29 daY ~
JANUARY` A. D. 19$~
a ..~..._.:....l.c....
' ~ ~ i3~ fit`.} 20 Yt'. ~ 01 otary P tic
v t' ~''';j: My commission expires
. ~ g£~4l8 ~tfii:B_.:
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l...y ~i :?~~.t,
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JOHN EDGAR SHERRARD
I7iis Inaruaud prrprrrrd by:Attcmey At law
ndd,~ 2Q3 S. fnaian River Drive
P. O. Box 4332 8l)~ ~4
Fort Pierce, Florida 33A50