HomeMy WebLinkAbout1596 an~~ sliall p~r~o~m. ~•amp~y u~il~~ an~ a~~ic~e ~y ench and e~~ery f~e agreements. stipuktlib~i. conditions and
coi~enanls thrreoj. ~uu~ oJ fl~is morlgane, lhen Ihls morlgagr and ihe estafe {~erehy c?eafpc~, s{~a~~ cease, c~e-
fprmine anc~ he nu~~ anc~ ooi~~.
~n~ f~~r morf~a{~or ~~er~~hy (urthe~ rnuenanfs anc~ agrnes to pay promplly when due the p~incipal and
inlerns! an~ ol~ier sums o( moi~ey proni~ecl ~or in sai~ nole anc~ fhfs morfgafle, o~ etf{~e~; !o pay a~~ and
sin~ular the taxes, IISSPSSRII'/IIS, I~vips, lia6iliti~s, o6li~alions. and encumbrnnces o( every nafure on said pro-
perfy: fo permil. commif or sujjer no wasle, in~pairmPn! or c~eferiorufion o~ sai~ ~anc~ or f{~e tmprovements
I{ier~n a1 Q/ly II//IP: lo ~PPp IIIP 6uildinns nou• or ~PfPOf f~r on said land ~ully insured tn a sum oj no! less
th~n full insurable value ~
in a~-ampany or compnni~s acrnpfab~p fo tl~e mo?Igapee, the poltcy or po~icies to ~~e heltl by, and payn6le
to, saicl moM~~n~p~, ane~ in 1{~e ei~ent any sum o/ mo?iey becomes payab~e ~y virfue of sucti insu~nnce !he
mortgaf~~e slioll I~a~~e the ri~hl lo rM-ei~~e arid apply Ihe same to the inde6tedness I~ere6y secured, accounting
to i~ie morf~n{~or jor any surplus; fo pay a~~ cosfs, c~iarges, ant~ expensPS, inc~uc~ing ~awye~s ~ees and fil~e
search~s, reasonab~y incurrrtl or ~~atd 6y ~hP morfga~ee hecause oj fhe Jai~urn o~ the morigagor to prompt~y
ana (u~~y comp~y u~ifh fl~~ a~reemenls, stipu~afions, con~ifions an~ eovenanfs oJ said note and Il~is mortgage,
o~ ~i?lier: fo per)o~m, ~o??~nly «~~rh a?~d a6~de 6y each and every the agreements, stipu~ations, conditions ant~
conenm~ls set ~orl~~ iri sai~ notc an~ t{~is morfgage or either. ~n the ~vent the morfgac~or ~ni~.t lo pay u~hen
du~ any lax, assessment, insurance premium or other sum oJ money paya6l~ by virtue ol sai~ nole anc~ Ihis
morl~age, or eif~~er, 1~~~ morf~a~~~e mny pay ttie same, withottt waiving or aJjecfinfl the opfion fo ~orec~ose
or uny o11~er ri~~ht l~erPi~nder, and aU such payme?ets shall 6ear interest from date tf~ereoJ a~ ~he h~ahes~ [QU~-
~ul rale i~~en a~~o~ve~~ 1?y f~i~ ~o~as o~ fl~e Sfafe o~ Florida.
any sum o~ mon~v ~ierein re(erre~ lo ~~e nof prompily pai~ within ~'11rt~i trays next n~ter
Ihe snmP b~i-om~s duP, or i) encl~ and PI~P?y ~~P Q(~lPPIItPIlI3, stipulations. con~Iitions ancl co~~enanls of saitl
lIOtP (111~ ~~IIS morl,ryn~je. O~ P%l~lP~, A~P /10~'ully perf0?IIIP~, compliecl WtiR QRd ab~dpd 6y, ihen !he e~l~1~P t
sum menlione~ in said nol~, and fl~is morlgage, or the entire balnnce unpaid thereon, shnll (orlhwilh or ~
thereafter, at th~ oplion o) Il~e mort~nflep, become ane~ Frp c~ue and paya6le, anyfhin~ in said nole or herein ;
to I~e conlrary nohnifl~sfantlinry. I'ailure ~y tf~e morfgagee fo exercise any o~ fhe rig~fs or options ~prein ~
prot~i~~c~c~ sha~~ not conslifufe a toaii~er o~ any ri~~is or oplions wic~er sai~ notp or ftiis morigage nccrup~ or j
t~~~reajler acrruinc~. ~ '
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~n ~~tn~ ~~e~Ol~ Il~e snid moriqo,yor I~as hpreunto signed and sealet~ these presenfs t1~e ~
d n~ •~nr jirst abo p p~jg~JALINO STB1~lR HOOSS, I . ~
$ ~e<~. sP P Q Q~P ~'er~cj ir rps~nc-~ o~: ~L '
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STATE OF FLORIDA, ~ ;
Cn['\TY nF Saint LLlC1Q I HEREBY CERTIFY that on this day, betore me. an
oific~r duly authorized in the Statr aforesaid and in th~ County aforesaid to tak~ acknowledgments, personally appearcd
FR~NK R. PASQUALI~TO, President, and WILSY E. DOtJGLAS, Secretary,
to me known ~ to ~ici , the persor?8 dexribed in and who ex~cuted the (orcqoinq instrument and t~ley acknowledged
before me that ~y~x~cuted the same.
~1~17'NESS ~~'~and and official ual in th~• County an tat~• last aforcsaid da~ o[
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CLE~R :~URT
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%%us Il!_~/!1///!fl// fl/ff)rrrr~l by: DSVITT J. ADAIrlS 2`78~.44
# .1~I~Inx~ P O Ho~c 3937
Fort Piu~ce, FL 33450
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