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HomeMy WebLinkAbout0886 erred shall perform, comply u•ifh and abi(lP by each and every the agreements, stipulations, conditions and corenants lher(•a(, and of Ibis mortgaltP, Ihen this mortgage and the estate hereby created, shall cease, de- tPrrn111P and be null and void. Ttin~ I?IP mortgagor ?u•n•by further cma•nanfs and agrees to pay promptly when due the principal and interns! (old other sums of money provi/left jar in said note and this mortgage, or eUher; to pay all and sirlgtrlar I?le lax(•s, assessmerlfs, levies, lial)ililies, oblittafio?IS, and encumbrances of every nature o?t said pro- perly: la 1>.•rmil. commit or suffer no waste, impairment or delertomtion of said land or the improuementa Ihen•IVl al any lime; to ?rePp the buildings now o? Ilernajter on said land fully insured in a sum of not less Man -----------------FULL INSURABLE VALUE------------------------ in ucompany or comlxlnirs acceptable to 1hP mortgagee, the policy or policies fo 6e held by, and payable to, said marl{tagPl•, and in 1hP everlf arty stem of money becomes payable by virtue of such insurance the mortgagee shall hal•P the right fo receive and apply the same to the indebtedness hereby secured, accounting fo the mortgn~p)r (or any surplus; to pay all costs, charges, and expenses, including lawyer's fees and line searches, rnasonably incurrnd or paid by fhP mortgagee because of the jailurn of the mortgagor to promptly and jolly comply u•ilh t11P agreements, stipulations, conditions and rnvenanls of said note and this mortgage, or Pilher: fo perform. (-amply with and abide 6y each and every the agreements, stipulations, rnndilions and: covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pay urhen due wly lax, assessment. insuroncP premium or other sum of money payable by virtue of said note and this mortgage, or either, the morlgayPe stay pay fhP same. without waiving or affecting the option fo foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw- ~ (ul rate t11Pn allrnvP(1 1,~ 1hP laws of IIIP Sta1P of /=lorida. auy sumo money Ilernin re Prre(1 fo be not rom Il aid within da s next a ter it j ( P P Y P -ZS- Y j the same bPfOalPS due, or i( each and Peery the agreemerlfs, stipulations. rondilions and covenants of said note and Ibis marlgagP, or either, nrP not jolly performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid (hereon, shall forthwith or thereafter, at f11P opliart of t/le mortgagee, become and l)e due and payable, anything in said note or herein to IIIP contrary nohvifhstanding. Failure by the mortgagee to exercise any of the rights or options herein provid(•(1 shall not consfihllP a waiver of any rights or options under said note or this mortgage accrued or IhPrna f l(•r accnring. ~n ~itnfss Wll~~~ly tll(• said mortgagor Ilas ?IPIPI)rlt0 Si~t(IPd and Sealed t11PSe presents the day and year f irsl nl,ove u•ri11Pn. Sig11P11, sPalP(1 a11(l dPhl•Prn(1 Irl II1P f)rnSPIICP Uj: //`/jJ'~J,,L ' y/T,, J - ,/r'u-~-`/v L.l.- _ WILLIAt4 F. MARCHESE - - ..._.~_..~~.~....~~-t _~-~-r--~~-- - . _ _ _ . - - - - - Q~ ~1 . . ~ STATR OF 7X, CONNECTICUT r?-~, / -F~ I HEREBY CERTIFY that on this day, before me, an t officer duh~ authorised in the Statr• aforesaid and in the County aforesaid to take acknowledgrnents, personally appeared WILLIAM F. MARCHESE to me known to tx the pr•ISOn descritxd in and who acefuted the foregoing instrument and rte acknowkd~td Iretorc me that rte e>zefuted the same. ?~'17:\ESS my hand and offifial seal in thc• (:aunty and State last aforesaid this ~ ~ day of OCtOr)c'I A. D. t9 8~• • . . . , , - Notary Pu is E •I, t~iy Commission Expires - NOTAiZS' ~ M,rch 31,19ii MY ~o~n,ision Enpu _ ~ • 't 't''hu hirlnaitftt~ prrpatrJ by: ~,`~"~`°y ^f " 1, s ~ . - n(lr/rrss . i 15 l~::!;-- . : ! BUOK343 P~ 88~ I Holm E::y, 'r.::.-::: ,