HomeMy WebLinkAbout1494 an~ sl~a~~ pe?1orm. ~~omp~y wilti and abide 6r ~tcl~ anc~ ei>ery t~s ag?eemsnl~, stipu~ationa. conditiont nnd
• rnrena~~Is the~o(. a?id u~ tl~ts mortgape. 11~~+n tl~is morlgaAe and Ihs estate here6y created. ~hnll ceuss, d~-
Ie?mine and 6e null anrl ~~id.
~ the mort9o~or here6p ~urthe? covenanti a?u1 aereFS to Poy Promplly whe~ dus fhs p?tncipnl nnd
lnferrsl and oftier sums o~ money pro~itled ~or in said note and f~ia morfgags, w eil{~er: to pur aQ and
aingu~ar I~e laxes, assessments. ~uies. ~labi~ilies, ob~igaltons. nr?d encumbr+ances o~ suery nnture on iatd pro-
perly: lo permtt. rnmmif or suJle~ ~io u?asle, impairment o? deteriw+alion of ~aid land or (he improvementi
tl~erecn a! any time: to Ir~p tl~e buildin~s nou~ or herPajter on said lan~ f uUy inswe~I in a sum oJ not leu
~haR . full insurable value.
in a company or c;ompunie•s accepta6le l0 16e mortgagee, t{~e poltc~r or poltcies eo 6. heW 6y, nnd rxiyab[e
to, saic~ mortgaqc?e, ancl in i~e eveM any sum o~ money becomes paya6le 6y virtue oj such tnsuranca the
morfgagee s1~a~~ tiai~e f{~e right to receive ond applq Il~e aame to tl~s inde6tedneu here6y secured. nccounfing
fo Itie mortga{~or ror any surp~iu: fo pay a~~ c~wls, charges, and expenses, lnc~ucring ~awyers jees und itt~e
sea~cf~es, reasona6ly incurr~ or paid by the mortgagee because oj the ~nilure o( tke mortgagor to promptly
and (ully comply wif~ Ihe ngreemenfs, sfipu~ufions. ~dtt~o.~ w~d ~o~nnnu of said note and i~is moNgage.
or eit~er; !o pe?~orrn, comply witl~ and a6tde 6y each and every t{~e ngreemenls, atipu~aliona, conditlons aru~
covenants set ~orfh i~ said nofe anc~ t{~is ntorfgage or eilher. In the event ttia morfgogor jai~a !o pay w~en
due any ta.r, assessment, i~uurance premium w otker sum o( money paya6le 6y virtue o( said noie nnd t1~is
mortgage, or eil~ier. t~e mortgagee may pay ftie same, wif~out waiving or o(fecling I~e option to Jorec~ose '
or any other right ?~erpunder, and alI sud~ paymenls shall bear interest /rom dote thereo/ at tke 6igl~est law-
~u~ mle Ihen a~~owe~ ~?y f~e ~au~s .ol ftie Stafe o~ F~wi~a.
7l nny sum o( money herein re~erred' io 6e not prompl~y paicl wilhi~ thirty doys next n~fer
the same hecomes c~ue, or i! ear~ anc~ every tl~e agreemenls, stipu[alions. rnnditions ane~ covenants oj said
note and this mwtgage, or eitl~nr, are not (ully per(ormed, complied wltl~ and abtded '6y, t6en tl~e entire
sum mentioned in said note, and lhis mwtgage, o? t1~e enlire 6alnnoe unpaid ti~ereon, shall jorll~with or
f~ereajter, af fh~ opiion o~ t~e morfgagee. 6ecome and be due and paya6le, anything in soid note or ~?erein
to t{~~ confnary noltui!{~standing. Failu~~ 6y tl~e morigagee to exercise any oj ttie rig/~ts or opfions ~erein
lu+o~~icl~ shn~~ not eonsiifutp n mainer o~ any ri~~ts or options unc~er soid note or t~ts morlgage accrued or
f~erraJter nccruing.
~n ~~~Q~ ~IL~OI~ fhe said mortgagor hns I~e~unto signecl and sealecl Ihese presents the
doy anc~ year ~irst abone u~riUen.
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STATE OF
COUNTY OF
~ I HEREBY CERTIFY that oa this day. b~tore me, an
q ofticer duly authoriud in the Stat~ aEoresaid and in t6e Couary aforrsaid w take acknowled8mentt. p~rso~ally appeared
VICI~OR BARBELLA and JOAN BA~tBELLA, his ~,rife,
to me known to be the penonS descr~bed in and who executed the [orcBoioK imtrume~t aud thLy acknowkd~ed
before me ttiat ~Q'y txecuted tht same. y~AiO~^~~~ '~5- (~.G~~°
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~~1'l:\ESS my hand and ofGcial seal in thc Countp and St~t~ iast aforesaid ~his l.s~'1 day of
Jlll.~1~ A. D. 19 7~+• l~•U~~T ~i'Pi~T~dl~
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I~,u I,rs~nn„cni p,rp~„rd by: CHARLES E. BEeHT ~ AT'PORNEY
A~I~I.rss P. 0. BOX 548, FORT PIERCE, FLORIDA 33450
BOQK ~ PAGE 14~J
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