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HomeMy WebLinkAbout0947 i i ~ and ihnll per(orm, comply wifh and a6~da by eoch nnd every t~?e pgrv?Ajm~1„ sftpu~atioris, oondltions and oorenants Ihereo~, and o/ this rr~ortgas~e, then thti mortgage and t7~e eitate I~~by crented, s1~nU ceas~, d~- tsrmine and be null a~d void. ~ t{~e mortgagor heraby /urlker eovennnts ancl agrees fo pap promptly wl~en due t~~ prtncipal nnd interes! and other sums o~ money prouided Jo~ in iaid nole anc~ thia mortgoge, or elther; fo pay n~j and atngu~ar f~e laxes, atse~smenla, ~euies, ~Ia6l~iliei, ob~tgntions, ~d s,~~bm~ o~ e~ery nnture on intd pro- porty; to permif. comm~t or su~Je~ no watle, impairment or delertoretion o~ ~aid Iand ar !~e I~provementa ' thereon at any time; to keep f{~e buI~ings now or herpa~ter on .atd [~nd /ully inaured in a awn o~ not ~eu ~ t~1°'~ ni 1. ~ !n a compuny or com~xinies acceptnb~ fo !~e mortgagee, t~e poGcy or po~tciea to 6e held 6y, and payob~t ~ ~ to, saicj mortgogee, anc~ in the euent any sum of money become~ ~yabl~ 6y ~irtue b~ such tnsurance t~?t i mortgugee ~f?alI I~nue the righ! to receive and apply tF~e aame to the inde6tedn~.:i here6y secured, oc~eountlnp to the mortgagor ~or any surp~us; to pay aU rnsts, cFiargea, anc~ expenaea, inc~uding jn~vyer's (ees and tit~ i seanches. ~~ona6[y incurred or patd 6y the mortgngee bacauae o~ t6e ~oilure o/ the mortgngor !o prompt~y and ~u~~y rnmpEy wit~ t{~e agreementa, sfipu~atio?u, rnnditiont and covencsnts o/ aaid note nnd ll~ti mo?tgap~. or eit~er; fo perJorrn, comply wit?~ nnd nbide by each and evety the ag?eentenb, sfipuEutto?u, oondItions and covenan!a set /ortf~ in said note and thi~ mortgage or either. in the event the mortgagor ~ailt to pay wl~en due nnq tax, asaessrnen~: insurance premium or other sum o/ money paya6le 6y virtue oj satd note and thb nwrtgage, or either, the mortgngee r?~Qy ~y tF?e aame, u~itkout wai~ing or ujf ecting the option to ,orec~os~ or any otl~er rig~t hereunder, and aU auch pnyments ahnl~ bear tnter8at jrom dnte thereoJ a~ thg ht~h8:e l~- /uI wte then aUowed hy tl?e .Iau~s o( t{~e State o` Florida. ~L any sum of money herein re~erred to be not prompt~y paid u~tthin thirty d°yj the iame becomes due, or if each and euery th~ agreements, ~tipu~otions, con~itions anc{ cavenantt of aaid nate and tl~is mortgnge, or either, are not /ully perJorrned, co?nplted witl~ and abided by, tleen tl?e entin tum ntentioned in ~nid note, nnd t{~is mo?tgage, or fl~e entirs balance unpaid thereon, shau ~ort?~wtth or thereaftar, at the option oJ t1?e mortgngee, become ~d 6s d~ ~d ~ra6t~, nnytF~ing in snid note or herefrt ~ to !he contrary nofwit{~stanc~ing. Failure by the mortgagee io exercise nny o~ the righfs or optfons {~ere~n providecl sha~~ not constifute a waiver oI anq righta o~ options under said note or thia mortgage accrued or , therea~ter nccruing. jn ~~~f~ the said mortgagor has hereunto signed and sea~ed these presenb tF~e tlay and year ~irst abone writfen. Signed, sealecl and delinered '~e presence o/: . - - - - - - - - ~ A' Leroy Bauer ~ - - - - - - - - a~ne A. ~ ~ ' STATE OF ~ MICHIGAN ~ COU:VTY OF ~St. C1.31Y' I HEREBY CERTIFY that oa this ~ay, before me~ an officer duly authorized in the Stau aforesaid and in the County aforesaid to take acknawledgmenb~ personally appeared ~ LEROY BAUER ' to me known to be the person described in and who ezccuted the (oregoing instrument and Wt10 acknowkdsed t beforc me that he ezecut~d the same. ` WI7'NESS my hand and otficial ~eal in the Counry and State last aforesaid this ` 6th, day o( L ~ ~k A. D. 19 8 G. i i Jtme s ~ . TARY PUBLIC ~~~~3s My Commissivn ~xpires : ~ 4-15-90 ~ ,~b 'S"~,n , , ~ ~ PR~PARED BY ~JoYc ~ 17- ~c "~11 AQ-~4b , (seal) ~ CHELSEA TITLE COPAPANY - ~ ~ ~ 20C0 S.E. PT. ST. U1~~lE BLVD. S~lI7~ ~ ~~R; Si. : ~ l.UC1E. FLOp1~~a "ti'1NICN INSTP~~:;'~r;T `1,~k~ P~E• : ` . ~ • . ~ PRRED I:'~i~IrE1T!•1~ TNE W?tfi:,~~ ~;~.A ~iTLE Y`~ . ~ ~ ~ - . . d . _ lRSURAVCE ~0~1.~~'. ~ ~ - r , ~ - . ' 's~• . _ ~l~u Instrumrnt prrpared by: , , ~ Addre.u ~ . ~ ~oo~ ~ - . ~ - . . - - _ . ~ ,