HomeMy WebLinkAbout0978 • . and ~ha1l per(orm, oomply wlih and a6tds 6y each and every the ap~~nt~. •tlpu~ntloni, c~onditiona ar~
oorsnonts lhereo~. and of lF~tt mortgape, lhen tl~ta mwtgage and il~e afcte hire~ji ~croafec/, i~ia'~l eeaie, de-
ter~nlr~e and 6e rtull and vold.
~ If?e mortgaflo~ heru6y (urtl~er co~?enant: and agreas to pay promptly when due the p~tnctpnl and
inter~esl and ofhe~ sums of money provided ~or tn satd nole and t~1i mottgage, or etfher; to pay a~l and
dngu~ar t~e taxes, asseaimenls. levtea, Ita6tlti~ea, o6ltQnflons, and encu??tbt~aneee o/ e+~ery nature on iatd pro-
pe~ly; to permit, rnmmll or su~~er no wasle, impatrment or deterloraflon o~ ,A~d l~„d or t~e improvementt
ther+eon at any fime; to ~PPp ~hP 6utTdings now or hereaJfnr on ~said land /u~~y lnaure~ tn a sum of nof ~esi
than
tn a company or compantes accepln6le !o the mortgagee, the policy or polictea to 6e held 6y; and Payoble
to. said mortgagee, an~ in the euent any sum o~ money becomea Paya6le 6y vt~tue bf auch in:urance t~e
mortgagee shall have the ri9ht to receive and apPly ihe s~e eo ihe inde6~edne,~ (?ere6y e¢~u.~d, accounting
to the morfga~or ~or any surplus; fo pay aII costs, c{~argea, anc~ expenaes, tne~uding Iawye~'s (ees and title ~
searc~es, reasona6ly incuned or patd by tF~e ?nortgagee 6ecause or t~ie (at~ure o( t~e mostgagor io prompfly
anc~ (u~ly comply wilh fF~e agreemenfs, stipulationa, concliltons and covenants o( sat~ nofe and lhla mortgage.
o~ etlher; to perjorm, comply u~ith and abide by each and every the agreernenfa, atipu~ations, condiftoru an~
covenants set ~orth (n said note ancl this morlgage or eitleer. Jn the euenf f{~e morfgagor `oila to pay w~en
due any ~a.r, assessment, insterance premic~m or olher sum o~ money payable 6y utrlue oj said note and tF~is
rriorlgage, or eiftier, f{~e mortgagee may pay t~e same, without waiving or af~ecfing the option to Jorecbse
or any of{?er rtght hereunder, ~nd alI such payments ahall 6ear tntereat /rom dote thereo~ at the htghett law-
~ul rate fhen allowed by tf~p lau~s of the Siate o( Florlda.
any sum oj monpy F~erein re(e?rec~ to ~e not prompt~y paic~ within 3~ day~ Rext of te~
t{~e same becomPS ~u~, or iJ eac~ and every t~e agreemenls, stipu~ations, conc~ilions anc~ cauennnls o~ aalt~
note and Ihis mortpn~~e, or either, are not f ully per~ormed, complied will? nnd o6tded 6y, then t1~e enti?e
sum mentionerl in said note, and t1~is mortguge, or the entire balance unpaid thereon, shal[ Jortl~with o~
thereaJler, at fhe option o/ the mo~tflagee, 6ecome and 6e due and paya6le, nnytF~ing in said note or herein
to !~e conlrary notu~iihstanding. Failu~e by t~e mortgagee to exe?rise any of t~e rights or opttons herein
provic~ec~ sha~~ not constifute a waiver o( any riy~its or options under sait~ na(e or I~is mortflag¢ accnte~ or
' lhereaJt~r accruin{~. ~
~
~ ~n ~itness ~hereof~ I?u~ sait~ mortgagor hns /tereun[o signecl and senlet~ these presents tl~e
~ - t~ny anc~ yenr ~irst nl~o~~~ tvriNen,
~ ; ~
~ Stgnecl. sealpd ur~d rlPlin~r~c~ in tlie pr~s~?~cP o~: ~ s.
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PEGGYIA~~L r
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~ STATE (~F 8K INDIANA
~ XCOU~TY OF ~
i NEREBY CERTIFY that on this day, before me, an
officer duly authori~ed in the State aforesaid and in the County aforesaid to tak~ acknowled4m~nts, p~rsonally appeared
~ H(3WARD L. NOLItV and PEGGY J. NOLIN, t~is wife i
to me known to bc th~~ p~•rson S described in and who exccuted the forrqoin¢ instrument and they acknowledged
beforr me that they rxecuted thc same.
Lt17:\ESS my hand and o((icial s~al in'thc County and Statc last afor~said thii X !O~' day o[
August~~. D. 19 87
8~4420 x_
NOT RY PUBLIC COMMISSION EXPIRES:
~ ~ (seal) , x& iy/~~
87 AUG 27 P 1:50
: ~ . ~ ~ ~ c~Eu _ .
~ . _ OOUGL~::~ , . ~
~ > ~ S T. UC ~ _ ,
~ ~ ~ ~ ~ ~ ~ ~ s~~~ 555 P~~t 976
l%ru hit/nmr~a! p~pa~rd by: ~NIVERSAL LAND TITLE - Carol A. Lawler
2000 SE Port St. Lucie Blvd. Suite B _
Port St. Lucie, FL 34952
_ _ - . . _ _ .,w. ~
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