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HomeMy WebLinkAbout2384 an~l sl~~~l p~~rjorm. ~•omply wifh ar~d ~hid~~ !~y ~•a~~h a~~d ~~ra?y ti~e ~~~~c~~~~m~?~h. stipulaiiuns. conditions nnd ~~ot~~nants tl~ereo(. anc~ of Ihis morlc~aqi~. fl~Nn il~is ?nort~~~~o~• and thr rst~~t,• I~~~r~•6y ~reatet~. sha~~ cease. c~e- I~~rminP ~ncl 6e nul~ tuu~ i~oi~l. nn~ tl~v morf~~n~~or 1~em1~y (urth~~ cui~i~nunts ant~ a~n~~~s to pny p?um~~tly u~hNn ~lue Ihe principal nnd + inte•rFSf anc~ olhrr sums o~ n~unry proi~i~~~~~~ Jor in sai~~ not~~ ant~ Ihis murl~ia~iN, ur eilher: fo pay a~~ ant~ ~ sin~ular thc~ I(ICE'S. IISSPSS?TIPnIs. I~ri~•s, liahilitii~s. ubli~~~lions. and pncuml,r~ir~c~~c o~ Pi~ery nature on soicl pro- perly: to pvrmil. ~nmmif or su~Jrr no ivasle~, impuirm~nt or c~e~IP~ioration u~ ,uii~ ~rtnc~ or ftie impronements s Ihrrnun af nny fimP: lo ~r~~Np t{~e f~ui~~~in~~s nou~ ur ~~~~rrajfrr on soic~ ~an~~ Jul~r insun•~~ in n sum o~ ~of ~ess • f{~an f111.~. ~IISLLT~le V'a.1LL@ in a compnny or ~~ompanies a~repfah~e lo IhE~ mortc~a~~ee. fhe po~icy or po~iri~~s fo f,v ~~e~c~ by. and payab~e ~ lo, sni~~ morig~gP~. nnrl in fhe ei~ent any sum o~ money hecomes payahle 1.v ~•:rlu~ o~ such insu?ance ftie ' ~ mortga~~~P shall I~are thP ~tght to receit~e and apply the same fo the indt~!?f~~~G~~~_:c 1~ereby secured, nccounting fo fhe morlga~~~~r (or anr c~up~us: to pay a~~ costs. chnrc~es. ~nd expensPS. ~ru•1~~~~i?~~ jau~yer~s jees an~ lif~e ; I sParc{u~s. r~as~~nah~y incurre~ or paii~ tiy fh~ morfga~~ee ~PCQUSP o( lhe ~ni~ure Ih~• mort~agor to prompt~y ~n~~ ~u~~y ~omp~y u~ifti I~~r agrrrmi~nls, sfipu~alions. ~onr~ifions an~~ conenanls u/ .aid nole and this mo?tgage. ~ or ~itti~~r: to pPrjorm. i-omp~y tvith anc~ ~~bicle by enc•h ~n~~ i•ven the agreem~~~ts. slipulations, contlitions and corennnts sef ~orth in sai~~ note an~ f~is morf~nge or ~~il~~~r. ~ri 1{~p ei~pnl 1{~.~ morltlaqor jai~s fo pay wtien ~ue anv tn.r. assvssmenl, insurance prF~mium or ~~fh~~r sum oj monry paynh~e ~~y ~~irf~e.~ ~~f saic~ note ant~ fhis morlt~at~P, or ~ifher, ftit~ mortqnyee may pay 1{~P same. ~oit'~uul ~vait~ing or ~j(~~c•fin~1 f~~r opfion to ~orec~ose ; or ~nv oth~r rig{~f hvreunrler. ancl all s~u-1~ pavm~•nts cl~~ll bear interest ~rom du~c~ Il~~~:.~u~ c~i f{~e 1?igl~~sf ~a~o- j (u~ rafe f~i~n n~~oti~ec~ ~~p fh~ ~a~rs o~ f~u~ ~fnf~ u( ~'~uri~~a. i ~ D~ anp sum o~ money hernin relprnv~ fo nol promplly pnic~ u~ifhin ~--30-~~ ~ays nexf o~ter ~ t 11~~~ same bProm~s clue. or ij eac{? und ~rer~ 11~~~ aryre~m~•nls. stipu~ations. conclitions ancl covenants oJ saie~ j not~ an~ f{~is mortgnge, or eit{~er, are not ~uily per(orm~t~. rompli~~ u~il{~ ancl af?i~~i•~ hy, then Ihe entire ; sum mentionet~ in ~aid notp, antl this morfgage, or tl~ ~ enfir~~ halance unpaic~ Il~er~~o~~, shall Jor!{~u~ith or f~ereajter, at fh~ option oj fhe morfq~t~~e. hec-omP anc~ hP ~~~e and paya6le, ~nyltiin~ in sai~ note or tierein to !{~e conlmry nof~rit{~sfan~ing. E'ai~urt~ ~~y Itie mortganee fu ~x~rcise any o~ ItiP rig~ils or options herein pm~~i~~E•~ shall nol ~onsfih~fP a trnii~~r of anp riq~ls or options tm~~Pr sai~ nofP or ttiic morfgaqp accruet~ or Ih~reaf t~r n~c-ruing. ~n ~itness ~hereof~ fh~~ sni~l m: ~fgayor {~as I~vrPUnlo sic~nPCl and s~n~~•tI these presenls 1he F ~~ny an~~ yrar jirsf af~ore u~riHen. i ~ Si~n~cr. s~n~vc~ an~ ~e~~ir rl e pr~~.~ncv o~: ~ ~ ~n ~ A~ , I : / ~n -7 O~i ~i ; - - ~ - - _ - - - - ~ _ _ _ - _ _ _ . 'a1 - ~~7~~~ ~ l : , . . _ . . _ ~W'i" - - - • . thw~y Oli ti - ~ , ~ - . ~ F `!1~~~ ~~~i~/._ - ~ti~l.~ .~-~~~~Q~ . ; ; carmell.a olivadoti ~ ~ . ~ ~ ~ _ 5 ~ . - . . . - _ . . . . . . . _ . . . ~ ~ ~ ~ j . . . . . . . . . . _ . _ . . . . . . _ . . . . . . . . . . ~ ~ I ~ ~ ~ ~ ; ~ \ ' ~ STATE ()F FL()RIDA, ~ ~ COl'tiTY OF ~ ~ ~'~~l I EiFREB1' (:tiR"Ttfl' that on this day, betore me~ an ~ ~ officer duh~ authori~rd in the Statr afor~said and i~ the Countq afon~said to wk~ acknowledqments, perso~al~y.,apptartd - l t~ . , • I ~ Antho~y Oliva.doti and Carmell~ Olivadoti, his wife, ; ~ ! . ~ . ~ ~ ~ 3 ~ ( to ~m• know•n to tx~ thr prrsons deurib~d in and w~hu exrcuted the (orrqo~n¢ instrumrnt and ~yf, dSkhow1edqed.- ; ~ I brfnrr me that ~ltl~ e!c~cuted the s~me. ' ~N ~ ~ • C ~ • _ ~ ~1'IT\ESS mc hand and o(ficial seal in thr Countv and St~tr last a(nresaid this ~z ~ ~d~Y o~ ~'a ~ ~ . C 3 ii Jariu,ary n. ~973 • . ' ~ . ' - , { ~ - ; : , f 'r t. , ; ~ , ,.s ~~u ~ i " - . ~ O aTy PL1U C ~ ' b~y C~mission expires: a Notary P;;J!~~, S~~tr~ ,;t Fioric~ at L~r~e ~ MyGorru:;;__:_;a~ _;:c~~P.~r. ]9i~, 1973. ~ ' f ~ ' Fllfd I.K: =~c:~F~eo ' 4 ST.IUCtE :~~H~t`FU. ;~7 RB,r- rC;?P.~S ~ ~ CLE ~K . : s: ~ ~~URT RE°~-~ ' VV•-. ~ I ooPN'73 ~ fE8 ~ i ~I1icc I~r~rr~?u~'ir/ re~ ~~rr~'~I l~y: ~ ~ "This i~st~t was 6repared by J~N.J~ I~. ~ ~ ~~ty~/~ . ' ~ Titk $eCurih• Cumpsnv, 2121 • 14th ~ V 1 .•li/~/r~:c~ ~ _'''3 /1v~nue, Vero Btxh, Flwida. intedent to ths lswance of a t~Ne inwrance EGCK ~~O F~~E ~~V~ ~ ; OOflttaCt." ~r _ _ , N 3 ~~s~ ~ ..i,. ~ . L ' ~~..Y~": 3~ _ _ " " _ _ . , ~ _ , O`~s _ .