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HomeMy WebLinkAbout0347 and :hall perform, comply with and a61de by each and et?ery the agreements. stipulattoris. conditions and covenants thereof, and of this mortgage, then this mortgage and the estate heroby coated. shall cease, de- termine and be null and void. the mortgagor hero6y jurfher covenants and ogress to pny promptly when dw the prir?cipnl and Interest and other sums of money provided jor in aaid note and this mortgage. w either; to pay aU and singular fhe taxes, assessments, levies. liabilities, ob[tgattona. and encumbrances of every naitue on said pro- perty: to permit. commit or sujjer no waste. impairment or detsrionntion of snid lartd or fhe Improvements thereon at any lime: to Deep fhe buildings now or hereajfer on said land /oily insured to a sum of not less than full insurable value in a rnmpany or rnmpantes ameptable fo fhe mortgagee, the policy or policies to be held by. and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue bj such insurance fhe - mortgagee shall have the right to receive and apply the same to the indebtedness hereby securod, accounting _ to the mortgagor for any surplus: to pay aII costs. charges, and expenses, including lawyer's Jess and titb searches, reasonably incttrred or paid by the mortgagee becntue of the jailttr+e of the moHgagor to promptly and jolly rnmply with the agreements, stipulations, conditions and covenants of said note and this mortgage. or either: to perform, rnmply with and abide 6y each and every the agreements. stipulations, conditions and covenants set jorfh to said note and thrs mortgage or either. In the event fhe mortgagor jails to pay when dos any. tax, assessment, i?uurnnee premium or other sttm o/ money payable by virtue of snid note and this mortgage. or either. the mortgagee may pay fhe same. without waiving or ajjecting the option to foreclose or any other right herettnder, and all such payments shall bear interest from date the?eoj at the highest law- (uI rate then allowed by the Iowa of the State of Florida. ~l nny sum of mo?tey herein referred to be not prompily paid within 30 days next njter the same becomes due, or ij each and every fhe agreements, stipulations. conditions and covenants of said rota and this morigage. or either, ar+e not jolly perjotatted. complied with and abided 6y, then the entire: sum mentioned to said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and 6e dos and payable. anything in said note or herein to the contrary notwithstanding. Failure 6y fhe mortgagee to exercise any of the rights or options herein provided shall not rnnstitttte a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~uleSS ~~~f, the said mortgagor has hereunto signed and sealed these presents the day and year just above writte Signed i~ sled nd delive the presence oj: - ~ ~ ~I~YEI:% G - ~S STATE OF NEW YORK ~ . COUNTY OF~~}.~'~ rJ I HEREBY CERTIFY that on this day, before toe, an s officer duty authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared DANIEL GLASSMAN to the known to be the person described in and who executed the foregoing ins meat and h acknowledged before me that he executed the same. a ~ ~ WITNESS my hand and o[ficial seal in the Gounty and State last of id u " ~ ~ d+}Y o[ June A. D. 19 HO . ~;t-:~. ; t..rc~' . . ,c 2r ~s.:- 7~- - . NOt ry 1C , A ~ . ~ 4~~. 1980 JUt -I AM 07 at arge. ~ s;~.~~~:;j~3-,.- My commission exp~~~~ Ftt:c i?tet' ~t csRa; u Ngrry t~tt:. ' ST.L.IiC1E COf1NiY.fl A. 3p. _ f ~ RQGEit POITRAS Qualified in kassati t-{I CLEK1i C~F.CCiT CZ ~ Gttificate filed in Queens i1~~,?^ ,,f;'; - - - - ComrniaaWt Expires March 7Q tR1 491453 ` "l7iis htslrunrnN ptrprnrcl by: Spencer B . Gilbert ttR Attorney at Law 8001l~~ PhGE P. 0. Box 3388 Fort Pierce, Florida 33450 1