HomeMy WebLinkAbout0751 and sl~all perjorm, c~mp~y wilh o?id a6ide 6y eorl~ and every fh~ agresme~ls, atipu~attont, rnndtliont and
conenants ~hereo(, and o~ 1F~is mortga~e, Ii~en Ihis mortpage and the e:tuts I~ero6y cYeated, ihall ceaae, d~-
lermine anc~ be ~u~~ ancr i~oic~.
~ Ihe morfga~o~ hen6y (urthe~ covenants nnd agrees to pay promptly whe~ due the principa! and
interesl and other sums o~ money proi~i~ed lo~ in satt~ nofe and ttits mo~fgage, or eilher; !o pay n~~ and
•ingular tl~e tares, assessme~~s, levies. Ita6ililies, o6ltgationa, nnd encum6ranca~a oj every nature on said pro-
perfy: fo permtf, commit o? su~jer no u~asfe, impntrment o~ ~eferioraflon o~ saic~ ~anc~ or Ihe improvementa
thprecn at any~ Ilme; to ~PPEI ~hP 6uildin~s now or hernaJter on said land /ully insiere~I Fn a sum o( not lasi
. ~~'Q" hi~hest in~urable ~o~ t
in a compa or compan~es acc~pla~le to ihe mortgagee, the po~icy or po~tcies fo ~a held 6y, an~ poyab~e
to, sai~ mo?igagee, an~ in the event any sum o( money becomes ~xiya6le 6y virtue o~ such insurance t~e
mortga~pe shall have the riflht to re~c~eive and apply the some lo the inde6fedness here6y secured, aceounJing
fo the mortga~or (or any surplus; to pay a~~ cosfs, ctiarges, and expenses, inc~uding ~iwya~r~s fees and fil~P
searches, rensona6ly incurred or ~n~d 6y ~hP mor~ga~ee 6ecause o~ tf~e ~ailure o( the mortga~o~ fo promplly
and ~ully comply u~if{~ tf~e agreements, stipulations, condifions and cwi~enanfs oJ said note a?id tF~is morlgage:
or eif~~er; fo perlorm, comply u~ith and a6ide by each and every the agreeme~its, siipu~ntio~s, concjifions ane~
covenanls sct ~orih in said note anc~ l{~is mortgage or eithe?. /n the event f~e morfgagor (ai~s to pay wtien
due any tax, assessment, insurance premium or of~er sum of money paya6le 6y virlue oJ saic~ note nnc~ this
morfgage, or eil~ier, !he mortga~ee may pay the same, wifhouf waiuing or aJ~ecting the option to (orec~ose
or any ofher ri~{~t l~ereunder, and al~ surh payments shal~ 6ear interest ~rom date tF~ereo( at tl~e 1~ighest law-
(u~ rnte f~en a~~oioe~~ hy f~~e ~a~os o~ f~~e Stafe o~ F~ori~a.
Dl any sum oJ ntoney {~erein r~~erretl lo I,e not prompfly pai~ within thirty days nexf a~ler
thr sam~ 6ecom~s duQ, or iJ earl~ and ~n~ry the af~reempnts, sfipulatioris, conc~itions nnd covenants o~ said
nole nnd ihis mortgnge, or PII/IP~, arp not (ully pe~f
ormed, complied wit1~ anc~ a6icled by, lhen the entire
sum mentionpd in said notP. and ftiis mortgage, or the enfire ba~ance unpaid thereon, sha~~ jorlhwit6 0~
f{~erea~tpr, at fh~ option o~ fl~e morlga~ee, become and 6e due and paqa6le, anythinfl in said note or f~erein
fo !he confmry nohi~itl~stantlint~. Failurn hy ftie morfgagee to exerrise nny oJ ttie rights or options herein
proniclecl shall not conslilul~ ~ wni~~er of any rin~fs or opfions unc~e~ said nolp or Ihis morfqage accrued or
thereaftnr accruin~.
~n ~itness ~hereof~ the sa%d mortqagor has {~ereunio si~necl a?id sPaIed lhese presenls the
c~Qy an~I year Jirsf ahone u~riften_
Signe~, sea~et~ a c~ cjP~irerNC~ in f~~e ~~PSPtICp o~c
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STATE OF FLORIDA, ~
COUNTY OF $T. LIICIE I HEREBY CERTIFY that or. this day~ betore me. an
officer dul}• authorized in the Stat~ a(or~said and in the County aforesaid to take acknowkdgments~ penonally appeared
ALEER~ BRANCACCIO and ANNA BRANCACCIO, his wife
to me known to be the persong described in and who ezecuted the for~going instrument and they acknowkdged
beforc me that theyex~cuted the same. ,
WI7;\ESS my hand and o(ficial seal in the County and State last aforesaid this day of ~
March A. D. 19 73
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NOTARY PUBLIC.STATE OF fLORIDA AT uRCE .
F • MY COMMISSION EXPIR=~' MAV. 13, 1974
, _ • ~ . ~E~L INSU[tANCE UNDERWRI7ERS. INC. '
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Iliis Lu~ni~n~~l prrpnrcd by: '
~ a~~K 2~~ P~~E 75i '
Suite 200, qtizNq F~~N SuNQ111{ s
1600 Sosrtb i~A~rN Mtghwby
Fcr'; P~~fGl, flwid~ 334S0
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