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and ahnU psr/orm, comply .with and abide 6y eoch and awry the ogreerrtenta, atipulgttio?tia, oondtttoru and
oove?tanb th..ea), artd.o/ thta• mort~ape, then lhta mortgage and the estate hnby created. ahaU cease, de-
termine and be null and •votd.
the mortgagor Newby )archer covenants and ag?+•+ to pay promptly wham dw the principal and .
interest and other sums o) money provided )or in said note anti this mortgage. or either: to par all and
singular the taxes. auesamenta, levies. bnbiktiea, obligations. and ertcwnbr+artca of every nature on sold ptv-
perty: fo permit. commit or au))er no waste. impairment or deterioration o) said land or the improwmenb
thsrson at ony time: to deep the buildings now or herrtt)ter on said land /ally insured to a awn o) not bee
than
in a company or companisa acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable
to, sold mot'tgngse, and in the event any sum o) money becomes payable by vtrtw o) such tnaur+artce the
mortgagee shall haw the right to receive and apply the name b the indebtedness herby secured, oooounting
to the mortgagor )or any aurplw: to pay all cosh. charges. and expenses. including lawyer i /sa and titb
searches, reasonably incurred or paid by the mortgagee becnwe o) the )oilure o) the mortgagor to promptly
and /ally comply with the agreements, atipubttons, cortditto?u and cownanb o) said note and thta mortgage.
or either: to ps?)ortrt. comply with and abide by each and every the agreerrtenb. attpubdione, cortdttioru and
covenants set )orth in sold note and thta mortgage or either. In the event the mortgagor (sib to pay when
due any tax, assessment, insurance p?errtitirrt or other stun o) money paynbb 6y virtue o) said note and this
mortgage. or either, the mortgagee may pay the aame..wtthout uraiving or a))eNing the option to )orecloee
or any other right heretutder, and aU ouch paymsnts shall bear tntereat )rom dab thereo) at the highest b+w-
)ul rate then albwed by the laws o) the State o) FloKda.
any sum o) money heroin re)erred to be not promptly paid within -30- dari next
the same becomes due, or i) each and every the agreements. stipulations. condltbrts and covenonb o) said
note artd this mortgage. or either, are not )ally perjonrted. complied with and abided 6y, then the entire
sum mentioned In said note. and this mortgage. or the entire. balance unpaid thereon, shall )orthwlth or
thereafter. at the option o) the mortgagee. become and be due and payable. anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exerctae any o) the right or options herein
provided shall not constitute a waiver o) any rights or options under said Hots or this mortgage aaaued or
thereafter nccrui``ng. `
~n ~k{Il~ ~ltl'tOf, the said mortgagor has hereunto signed and sealed theta presenb the •
day and year first above written.
delivered in the presence o):
L.S.
Ste S. r r. R. RICHARD PRUDHOl~lE
. - - - L.S.
i Lupins i
L S.
OAN A. PRUDHOMME
L.S.
STATE OF MICHIGAN
COUNTY OF Macomb
I HEREBY CERTIFY that oo this day before me, as
officer duly authorized in the State aforesaid and in the County doresaid to take acknowledsrttents, pcnonally appeared
R. RICHARD PRUDHOI~IE and JOAN A. PRUDHOMI~, his wife
to me known to be the person $ destxibed in and who executed the forrSoityl instrument and they • ackaowkdged
before me that they executed the same.
WITNESS my band and-official seal in the County and State last aforesaid this 31 st day ~
March A. D. t9 80
. --S •p 13-~.---G~eje • ~•--3•r - . .
.a ~ AQR ~ ~ ~i l~ Notary Public:Mac mb Co t c Igor
i~ My Commission Expires. any 25, 1980
t~ ~..w; ~s,'•~ STS 'tIR'EWT"~•' ~ .
'.3:,.~~~ _ 482'702
E
. ~
THIS INSTRUMENT PREPARED eT
JUDITH B. ROWELL, ASST. V.P.
T{tu Irutrumrnt pnpaad by: 1'lI x1.tiEA TITLE ah GI'ARAh'TY ('O.
P. O. SOIL 1132. STVART, FL 33A9?
J AS A NECESSARY INCIDENT TO THE Q( rl(~r~ QacE -
Addrrss FUIFILLMENr OF CONDITIONS CON-
TAINED IN A TITLE INSURANCE