HomeMy WebLinkAbout2878 9. Duly. promptly and fully to perform, discharge, execute, effect, complete. comply
with and abide by each and every the stipulations, agreements, conditions and covenants is
said promissory notes and in this mortgage set forth. -
10. For the purpose of inducing the Mortgagees to make the loan secured hereby, the t
Mortgagors represent that the rents now accruing and hereafter to accrue upon the mortgaged
premises are now and during the life o[ this mortgage shall remain free and clear of all liens,
encumbrances or pledges,
11. Duly. promptly and fully to perform, comply with and abide by each and every the
stipulations, agreements, conditions and covenants contained in the prior mortgage herein-
above described, it any, and in the obligation secured thereby.
12. That in order more fully to protect the security of this mortgage the Mortgagors, j
together with and in addition to the monthly payments under the terms of the note secured
hereby and on the same day of each month as the payments under said note are due and until
said note is fully paid. it so required by the Mortgagees. shall pay to the Mortgagees an in- i
stallment of the taxes and assessments next to become due and levied or to be levied against
the mortgaged property and an installment of the premium or premiums next to become due
and payable on the policies of fire and other hazard insurance covering the mortgaged property. s
Such installments shall be equal respectively to such estimated taxes and assessments grid
fire and other hazard insurance premiums (all as estimated by the Mortgagees), less all sums
already paid thereon and divided by the number o[ the months that. are to elapse before one
month prior to the date when such taxes. assessments of premiums will become delinquent,
such sums to be held by the Mortgagees intrust to pay said premiums. taxes and assessments.
IT IS MUTUAi,I.Y COVENANTED AND AGREED by and between the Mortgagors and the
Mortgagees that this mortgage and the promissory note or notes secured hereby constitute a
Florida contract, and shall be construed according to the laws of that State.
IN WITNESS WHEREOF. the Mortgagors have executed this mortgage under seal the day
and year first above written.
Signed. sez:ed ar:d uelivered
in the presence oi;
f - E;~~
_ SEAL)
JLJP1dP
(SEAL)
190 HAR 21 Ak 54
_ (SEAL)
FILED ~k0 PfCO 0
S R
GER
POITRAStR~
CIf:AK CIRCUIT COUR
RECt?!D VERIf1~D
STAT>; ~ LOUISIANA )
SS..
ODUNTY of LAFOURCHE )
l March The foregoing instnxnent was aclrnawledged before me this 11th day of
1980, by CI~~S P. JLINOT, who aclar.~r that he signed
J and sealed the within instrurnnt as his wltm act aric'i~l, . the uses and
purposes therein expressed.
tart' is
~ state of Rouisiana::;-~
MY oatmission exp~s~es:~
j'~ a e a
r,~~K 327 P~cf 2876 - ~Y~