HomeMy WebLinkAbout1031 and shall perform, comply with and abide by each and every the agreements, sttpulntto?is. eondtttons and
covenants thereof, and o/ flits mortgage, then this mortgage and the estate hereby seated, shall cease, de-
termine and 6e null and trotd.
IUNL the mortgagor hereby further covenants and agroes to pay promptly when dw the principal and
Interest and other sums of money provided Jor to said note and this mortgage, or either; fo pay all and
singular the tares, assessments. levies, Itabilittes, obligaftons, a?td enctunbronces of every nature on said pro-
perly; to permit, commit or suf
jer no waste. impairment or detertoratton of said land or the improvements
thetrcn at any time; fo beep the buildings now or herrwfter on said land fully insured in a sum of not less
than highest insurable value
in n company or companies nccepfable fo the mortgagee, the policy or policies to be held 6y, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such lnstrrnnce the.
mortgagee shall have the right to receit?e and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus; to pay all costs, charges, and expenses, tncludtng lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the jailttre of the mortgagor fo promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and ihts mortgage.
or either; to perform, rnmply with and abide 6y each and every the agreements. stipulations, conditions and
cot~enanfs set forth to said note and this mortgage or either. ?n the event the mortgagor jatb to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hereunder, and all such payments shall bear Interest from date thereof at the highest law-
fttl mfe then allowed by the Iatus of the State of Florida.
~L arty sum of mo?tey herein rejempd to 6e not promptly paid wtthtn -10- days next after
the same becomes due, or if each and every the agreements, stipulations. conditions and covenants of said
note and this mortgage, or either, are not jolly performed, compiled with and a6tded 6y, then the entire
sum mentioned in said note, and this mortgage, 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
fo the contrary notwithsfandtrtg. Failure 6y the mortgagee fo exercise any of the rights or options herein
provided shall not consfitttte a u?atver of any rights or options under said note or this mortgage accrued or
thereafter accruing. - '
Dn ~~ulQSS ~~~fr the said mortgagor has hereunto signed and sealed these presents the
day and year first above toritfen:
~
Signed, sealed and delivered in the presence of : ,
1
. Frank D.
- a-----r------~----........-----------------
Carol M. mes
E
STATE OF}t:Eglt~l~C M1SSOUr1
COl31TY OF ST. LOUIS
I HEREBY CERTIFY that on this day, be[ore me, an
€ o[ficer duly authorized in the State a[oresaid and in the County aforesaid to take ackrwwled~ments, personally appeared
Frank D. James and Carol M. James, his wife
to me known to be the person S described in anal who executed the [orcgoinq instrumrnt and they acknowledged
before one that they executed the same.
H'I7:~IESS my hand and o[ticial seal in thr (:ounty and State last aforesaid this 19th day of
March A. D. 19 8 0 .
s
Notary Public
~`3~ .!L•': I8 F~: ~ :.2 State of Missouri
k
ti FfiECt `c~{~~s~ M commission ex Tres:
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s tide P01TRA~
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'!'leis /,uln,acr~ p~rpnrrd hy: y- ~_i`';~t'-
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