HomeMy WebLinkAbout2317 ~n~ sh~ll perJorm, comply u~ilh nnrl abide ~~y eac1~ and ei~ery Ihe agreemenls. sftpulafions, conditions and
co~~enants ~hpr~oj, and oj Ihis morft~A~~e, th~n 1{~is morfpape and the estate hereby crnated, sl~all cease, de-
fern~i?~e ~i~r~ ~>r nuU an~~ roi~~.
~n~ t{~P mortganor ~~en~tiy (urthe~ cove?iants antr agrees lo pay prompl~y when tlue Ihe prin~•ipal and
interesl nnc~ oll~er sums of monPy proi~ic~ecl for in saic~ note and t1~is mortgage, or etther; fo pay aj~ nnd
si~i~ulnr ihe tar~s. ~ssessmPnls, lenies, liabilities. o6li~alions, and encumbrn~ces oJ every nature on said pro-
perly: fo pprmii, commit or su((e~ ?io u~asle, impairmerit or deterioraifion o~ suid land or I~~e improvementi
~hPrnc~~ at anv time: lo k~~n ~hp buildin~s nou~ or herna(l~~ on snid [a~d J«l!y insurnd in a sum o~ not less
~h~n FIFTEEN THOUSAND and no/100- - - - - - ~ ~ ~ - ' - ' ' - ' ' '
in a company or companies acc~pla~,~e fa Ihe morfga~ee, ihe po~icy or po~~cies fo be held 6y, and paya6le
to, saic~ morfgng~e, anc~ in t~~P ~~~ent any su?n o~ money becomes paya6~e 6y vi~lue oj suc~ tnsurnnce t~e
morfgaryPp shall {~no~ tl~e ri~hf lo ~(N'PIVP and apply fhe same fo t1~e inde6tedness here6y secured, accounfing
to t~e mortganor (ar any surplus: fa pay a~l cosfs, c~~a?ptes, ancl exp¢nses, inc~uding ~awyer s~ees anc~ t~f~e
searches. reasona~?~y incurm~ or na~d by ihp morfgaqee tiecause oj 1{~e jai~ure o~ fhe morlgapor to prompfjy
ana ~ully comply u~ii~~ Ihe agrepments, sfipu~ations, conaitions an~ corenunls oJ saicl note and f{~is r~~::aage.
or eitlier: !a per(~rm, comply u~ith nnd o6ide 6y eacf~ and ei~pry Ihe a9reements, stipulations, condiiions and
cov~nanls set (orth in saic~ note unc~ lhis morlgage or either. ln tke event Ihe mortgngor ~ai~s to pay w{ien
tjue any fa.r, nssessm~nt, insuroncp premii~m or olher sum o' mo?tey payab~e by rirtue oJ said ~ote and f~is
mortgage. or eil~~er, I~e morlgagPe may pay the same, u~if~out wniving or a~~ecfing the optioa to lo~ec~ose
or any ofl~er ri~I~t I~erPUncler, (Itl(I Q~I SIIC~I paymenla shall bear interest from date thereo~ at fhe I~ighest law-
~uI rat~ Il~~n al~o~ved 1?y the lairs o/ 1h~ $tate o/ F~orida.
nny sum of mon~y ~~erein relerrecl to F~e not prompfly paicl wifhin ten ~(ays next a(fer
fhP somP ~~com~s ~ue, or i~ eac~ anc~ euery II~e agreempnfs, stipulafions, conclifions ancr couenanlt o~ sait~
notp antl fhis morlga~~e. or ~it{~er, arP not JuIIy per~ormet~, comp~iec/ with ane~ a~iic%cr 6y, then the entire
sum menlionecl in said noie, and tf~is mortgagP, or th e entire 6alance unpai.~ thereon, shal[ /orthu?itf~ or
thereaJter, at tl~e option o/ 1he mortga~ee, become and 6e due and paya6le, anytl~ing in said note or herein
to t{ie ~ontrary notu~iihstanding. Failurp 6y the mortgagee to exercise any of f~e rig~fs or options ~erein
proe~irlecl s~a~~ not ~onstih~t~ a ~rain~r oj any righls or options und~r saic~ nofe or fhis mortgage accruec~ or
f~?e~eajfer nccniin~.
~n ~D~~/l~s ~~Q~t~ Il~e sai~ mortg~gor l~~s hereunio si~ned and sealetl these presents the
c~ny an~~ year jirsf ahot~e u+ritlen.
SIQ/IP~. S p?l~ ~P~l1~PlP 111~ t~P ~~PSP~ICP Q~: l.
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- A.u-~ t Mercurio • ~
c-!~?l-c - - -~--~I . _--7 :1_r.t_..~s~E'~.~ .~~_..~E-=~"~.~_
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Frances V. Mercurio
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STATE C)F FLORIDA, ~ ~
COL~TY OF $t. Lucie. '
I}iER£BY CERTIFY that on this day. betore me~ an
o(ficer clu{v authorized in the Statc aforesaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared
AUGUST MERCURIO and FRANCES V. MERCURIO, his wife,
to mi• known to Ix the person Sdescribed in and who eaecuted the fort¢oin~ instrument and they acknowledged
beforr ~nc that theycx~cuttd the same.
~~'I1'~ESS mq hand and official sral in thc C:ounty and Stati• last a(oresaid this 31St day of
October A. D. 19 72.
,
:
' ,~~G ~l~r, ~ - ~
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Notary Pu6 e of ~Floridat '
at Large
~x My Commiss o
En
xpires:
fILEO ANO HECORDEO
ST.lUC1E ~..4UlItY FL~.
• ROC~? ?O~TR~S .
CLERR C~r ~U?T ~OIfRS • ` %
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