HomeMy WebLinkAbout0379 and shall perform, comply with and abide 6y each and every fire agreements, sflpulaftoris. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and be null and twirl.
the mortgagor hereby further eouenants and agrees fo pay promptly when dta the principal and
interes! and other sums of money provided jor in said note and this mortgage, or either: to pay all and
singular the taxes, assessments, IevIes, liabilities, obligations, and encumbnattces of every nattue on said pro-
perty; to permit, commit or suffer no waste. impairment or detertorotion of said land or the improvements
thereon of arty time: !o keep the buildings now or hetrajter on said land jelly insured to a stun of not less
than n i 1
in a rnmpany or companies acceptable to fhs mortgagee, the policy or policies to 6e held by, and payable
to, said mortgages, and in the event any sum o/ money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby sectu+ed, aceottnting
to the mortgagor jor any sttrpltts: to pay all costs, charges, and expenses. including . lawyer i fees and title
searches, reasonably incurred or paid 6y tips mortgagee because of the failure of the mortgagor to promptly
and jelly comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perform, comply with and abide by each and every, the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event. the mortgagor jai4 to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and lht:
mortgage, or either, the mortgagee may pay the same, without waiving or ajjecling the option to foreclose
or any Other Tight hereunder, and alI such payments shall bear interest from date thereof at the highest law-
Jul mte then allowed by the laws of the State of Florida.
~l any sum of money herein referred to 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
note and this mortgage, or either, are not jelly performed, complied with and abided by, then the entire.
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith oT
thereafter, at the option of the mortgagee. become and be des and payable, anything in said note or herein
to the contrary notunthsfanding. Failure by the mortgagee to exercise any of the rights or opNona herein
provided shall not constitute a waiver of any rights or options under said note or ibis mortgage accrued or
thereafter accruing. '
Dn ~~llteSS whereof, the said mortgagor {tae herettnio signed and sealed these presents the
day and year first above tnriften.
Signed, sealed and delivered in the presel4ce ojc
G r y ar
i
i
.
4 PROVINCE OF ONTARIO,
t~~S~##~~41E
REGIONAL MUNICIPALITY OF WATERLOO I HEREBY CERTIFY that on this day, betorr me, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, persomlly appeared
GERRY HIBBARD
to me known to Fx the person described in and who executed the (oregoinq instrument and Wh0. ~tKknpwkdRed
~r
l,efore me that h e eaccuted the same. i.'-': t
Regional Munic~i~~lit~ & Drovinc~ J+r^'O!+~
~~'I7 \ESS my hand and official seal in the and ~ s a oresat the _ ry_
June A. D. 19 .$0 j5 c~..~,..a.;,.o~~~~ cv
~~t~v: _ -
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1tt. i`, co NOTARY PUBLIC e~ . ~K'~
i v "O•~i~~Na~ 4
~tF.~ s~tti: cant ~ v~ f~~
';'t:itlGlE GLJ~iI Y.F' r. O
.ROGER POlta :5 My comm~'5~~~~~r s
cl.>:~IC c.r~~r c~~;,: on death
.
494'71
• !lri+ L?slrn~nr-u~ prrpnn~l by:
.~,~/~/n.~t 8~~334 P~ 379