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HomeMy WebLinkAbout0100 _ _ ~ _ orwl shall per/orm, comply wick and abide 6y eoch and every the agreements, atipulatbns, c~onditbns and c+otanants thereof, and of this mortgage, then this mortgage and the estate hereby crated, shall cease, de- termine and be null and void. nllli; the mortgagor hereby juNher eouennnfs and agues to pay promptly when due the prtncipnl and interest and other sums of money provided for in said note and th4 mortgage. or either; to pay all artd singular the faxes, assessments, levies. lia6tliltes, obligations. and enctunbrnnces of every nature on said pro- perty; to permit. commit or suffer no tt~nste. impairment or deteriorofbn of said latd or the intprowmenb therecn at any time: to beep the 6Wlding: now or hereafter on said land juUy t?uur+ed to a stun of not less ehan the highest insurable value in a company or companies acreptnble to .the mortgagee. the policy or policies to 6e held 6y, and payable to, snid mortgagee, and in the event any sum of money becomes payable by viNue of such insurance the mortgagee shall have the right fo receive and apply the same fo the indebtedness hereby secured, accounting to the mortgagor for any :tuplw; to pry all cosh, charges. and expenses, including lawyer's Jses ar?d title searches, reasonably Incurred or paid 6y the mortgagee because of the jatlure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and-covenants of said note and this mortgage. or either; fo perjo?nt, comply with and abide 6y each and every the agreements, stipulations. conditions and couennnts set forth in said note and this mortgage or either. In the event the mortgagor jails to pay when due any tax, assessment, instuance premitun or other sum of money payable 6y virtue of said note and this mortgage. or either. the mortgagee may pry the same. without waiving or ajjeNing the option to joncbse or any other right hereunder. and all such payntenb shnU bear interest from date 1her+eoj at the highest lau- jul rate then albwed by the lows of the State of Florida. any sum of money herein referred Io be not promptly paid within 15 dnye next after the same becomes due, or ij each and every the agreements, stipulations. eonditiorts and eouennnts of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shnU jorthwtth or thereafter, of the option of the mortgagee, become and 6e due and payable, anything in said nob or herein to the rnnfrary 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 snid note or this mortgage accrued or thereafter accruing. ~Il ~ltll[SS ~IteCtOf, the said mortgagor has hereunto signed and sealed fhcse presents tl~e day and year jint above written. THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BA~IANCf~ DUE UPON ~ URITY IS ~ 12,369.80 ,TOGETHER WITH ACCRUEQ Signed, seated and dative in f e presence o : NTERE T II F D LL ypNCEMENTS MADE BY THE MORTGAG E t1N fiHE ~ p0 S SRTGAGE. • SAEYWH ~ ~ L.S. G~~M----- • - JO-..--E-----RITE----------- L.S. - L.S. t STATE OF ~iU4lEX~X, MICHIGAN COUNTY OF~/~~A ~ d-~ O0 I HEREBY CERTIFY that oo this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to aka acknowiadaments, personally appeared STACEY WHITE and JOYCE WHITE, his wife to me knowt to be .the person S descn7xsd in and Mrho executed `the foreSoinR instrument and they ackaovrkdsed before me that they executed the same. W17'NESS/m~y hand and official seal-in the County and Sate last aforesaid this ~ 5 day of ~t_ i1 ' _ li/ b!I'A. D. 19 SO . NOTARY PUBLIC Lf// ~ ~^T '3 P•:'' ~ ~ 8 '1Y COMMISSION EXPIRES: cfv~?ifl ~~l ~E~ (TIED chi' F: C4:~?cG K='a?? ^,...;;j,,Y,ich. ~e'3 SLLUCIF COl;N1Y.flA. My l_'::.i:_~,- ,a;;aes:ulGe~.~ ROGER POITR.IS 'V~', CLERK CtRCUiT CDUAT ~ 501931 ~ r ' ~ - t •~i ~ - f'..--r i.,• ~ NOAt~14NhFR.S01y_ , , ~ -tit. This I?wrumrnt prrp~aad by: - - 8340 100 t '.'gw.v T'om`. !z .4_ ~Z