HomeMy WebLinkAbout1070 an~ shall per~orm, comp~y witti •and abide ~p ~ and every the ag?eementt. ~fipu~ationa, condttton~ and
' conenants the?eoj, and of tl~is moHgoge, then'tl~ '~r?to?tga9e and Il~e estnts hereby cTwted, ihal~ cease, de-
le?mine nnd be null nnd ~oid.
7U~Y t~e mortgagor hera~6y (uHl~er covenants and agrees fo pay promptly wl~en due fh~ prlracipal a+tcl
inle?esf a~d otl~er auma o~ moner provided ~or in said nots and thb mortgage, or eil~er; to par oU ~
singu~w t1~e taxes, assessmenfs, levtes, ~iabi~ifies, o6~tgafions, and encwn~rances o~ euery nalure on said pro-
perly; to permit, commit or suf~er no u~aste, in~pair+ne~+t or delerloration o~ saicr ~aru~ or f~e in~prouements
[hereon al any time; to ~eep the butWings now or hereo/ter on ~atd lnnd JuIIy tnaured in a awn of not ~ess
~han Thirty-thousand Dollars ($30,000.00)
in a cornpuny or coinpanies ac~ceptable to the ntortgagee, the policp or poltctea !0 6e held 6y, and paipa6le
to. :nid mortgngee, nnd in !h~ ewnt any aum o/ moner 6eeomes paro6l~ by vtrtue o( sucl~ inauranc~ tl~e
mortgagee sl~all have t6e ?ight to recetus nr~d apply tl~e same to tke inde6tedness here6r secured, a~ounEing
to ti~e mortgc~or ~o~ any swp~ua: ~o ~y ol! oo:u. ci~arges, anc~ expsnses, inc~uding inwpe?s feea a?~ ttt~s
aearr~es. ?easona6ly tncun+ed or pnid by t1~ia mortgagee because o( t~e (at~uro o~ the mortgngor to ~nvnept~y
and f ully comply witf~ t1~e ag?eements, stipulaftons, conditions and rovenants o~ raId note nred lhtt morf~ag~,
or eef~er: to perform, comply witl~ and abide by enc6 and every the agreernenb. sftpulafIo~s, oorulitions and
covennnb set fort/~ in suid note and this mortgage or eilher. In f~e euent fhe mortgagor ~ni~s to pny when
due any fax, assessmenf, inawnnc~e pre~niwn or ot~er su~n o/ money pa~rable 6y virtue of said Rote and fhts
mo?fgage, or either, fhe neortgagee moy pay the same, without waining or a~f
ecting the option to ~wec~ose
or any o~l~er rigl~t 1~ereunden ~d all sucli pnymeab ihall bear interest (rom date tl~ereof at tl?e higl~eat luu~-
~u~ mle t1~en allowetl by II~e ~aws o~ t1~e Stute o1 Florida.
iL any sum o/ money herein ref
e??ed to 6e not prompt~y paid within 7 dnya next ujter
!tie sarree becomea ~ue, or i~ each onc~ et~ery t~e agreemenfs. stipu~ations, conditions and oovenanb of said
nole and rhu mortgage, or eithe?, are not /ul[y perJo?med, complied with nnd abided 6y. il~en the e?~tire
sum rrtenttoned in snid note, and this mortgnge, or the entir+e 6a~anoe unpaid theneon, s1~a~I forthwith or
thereaJter, at tf~e option o~ tl~e mortgagee, 6eeome and be due and payable, anytl~ing in snid note or he?etn
to t1~e contrary notwithstanding. Failure 6y ~ha mo?tgagee to exe~+cite any of the righb or opttons herein
provided shal[ not consfitute a wniver of any rights or options unc~er snid note or tkit n~ortgage aocniecj or
t~ereajter accruinp. - -
~n f/~e saic~ morfgagor ~ias hereunto signecl and sea~ these presenfs the
cray an~ yenr jirst aE~oap writfen.
.
Signed, aealed and deli~~ered in t1~e presence of :
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W STATE ~F F L O R 1 DA. t-,----- ~ I
o~ DOCUMENTAp" STAMP TAX S1.lUC?E CCUHTtr flA. ~
_ ROCiR FJITRAS
~ 2
~ = JUN15'72 •s ~q: = ~L~RK ~4~ :~iJiY'~~SURT"
F~ = O O` RFCOF3 YE~F rIEO
N V DLPT.Oi REIfE1WE w - ~ IS IY S9 AH'~Z ~
P.B.~9o»x ,
w. w w.. w~, w, w~? w. ~ 231490
STATE OF FLORIDA,
covx~rsr oF St. Lucie ~
I HEREBY CERTIFl' that on this day, before me, an
officer duly authorized in the Stat~ a(oresaid and in the County a(oresaid to tak~ acknowledgments, penomlly appearcd
_ Philip R. Farinella and I?fargaret S. Farinella, his wife
to me known to br the personS dcscribrd in and who eaecuted the torcgoir?4 instrument and they acknowkd~td
beforc me that they raccut~d the same.
NtTtiESS my hand and official stal in the County and Stat~ last a[oresaid this l~trl a=f ~
.ILIr12 A. D. 19 72 • _ ~
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~ ~ ! ,K • - w'~~ ~ NOTAR~ ttlBUC. iTATE OF F~p~aA ~ " 6f.~`~ :
MY CO~IMISStON ~XPtRES J~f. ~
( ~ ~ ~ * ~E IERlOMAL /1~~ ~ONDfO TMROU6M •~E o w. 6~cs~~' 1 72 ~ ' f - '
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