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HomeMy WebLinkAbout1117 and shall perform, comply with and abide 6y each and every the agnementa, attpulatioria, conditions and covenants thereof, and of thta mortgage, then this mortgage and the estate hereby croated, ahaU caste, de- fe?mine]~and~ 6e nt~4aynd twtd. ~11~ the mortgagor hereby further eouenantt and agrees to pay promptly when due the principal and tnteresf and other sums of money provided for to tatd note and thu mortgage. or either; to pay all and singular the taxes, assessments, levies. liabtltttes, obligations. and encumbrances of every naturo on said pro- perty; fo permit, rnmmit or suf jar no waste. impairment or defe?toration of :aid land or the improvements thereon a! any time; to leeep the 6uildtngs now or hereafter on said land /ully iruured to a sum of not [eu than or highest insurable value. in a rnmpany or rnmpantes acceptable to the mortgagee. the policy or policies to 6e held 6y, and payable fo, aaId mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to receive and apply the same to the indebtadnesa~hereby secured. accounting fo the mortgagor for any surplus; to pay all costs, charges, and expenses. including lawyers jeer and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of aatd note and this mortgage. or either; to perform, comply with and abide 6y each and every the agreements. stipulations, conditionu and rnvenanta set forth in said note and this moNgnge or either. In the event the mortgagor jnib to pay when due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and Chia mortgage, or either. the mortgagee may pay the snore, without wntying or of feeling the option to jor+eclose or any other right hereunder, and all such payments shall bear interest from date thereof ni the htgheat Inw- (ul rate then allowed by the laws of the State of Florida. ~l any sum of money herein ref erred io be not promptly paid within 30 days next after the same -becomes due, or ij each and every the agreements, stipulations, conditions and covenants .of said nota and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgnge, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary notwithstanding. Failure 6y the mortgagee to exercise any of the rights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgnge accrued or thereafter accruing. . ~n ~t~~S the said mortgagor has hereunto signed and sealed these presents the day and year first above written. r Signed, sealed and delivered in the presence of Poll ick I D WICRSTR ~ __--~~yako Ono Rowers ENIE WICKSTROM z ~ Michi an t STATE OF -FLAi4I~- g COUNTY OF Leelanau I HEREBY CERTIFY that on this day. betorc me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ' WILFRED WICKSTROM and QUEENIE WICKSTON, his wife to me known to be the person S described in and who executed the foregoing instrument and they acknowledged before me that they executed the same. N'17'NESS my hand and official seal in the County and State last aforesaid this Sixth day of j~gy A. D. 19 80 t Notary F tic Ayako Ono Rowers r 3 iq f •`"L}`~utu~~k'r'~':'~*'~`t MY COM~iI3SI0N EXPIRES: : g~ , s~ ~ August 1, 1983 43~~ ~r f~~ V Jf;~•', E ~ 1980 t;Al' 14 Ply 2~ This rru~nnrrc„~ prepared ~by: ~ itLEO r`kU riCSutiK o Addrr~ S 1lOGER PA11RA5~ tuft ttlTRx c~lccult ~a~+~i ,