HomeMy WebLinkAbout0519 and shal~ perjorni, com~ly u:it1~ urul oLide by euch a~+d e•uer~ the u~;rceu~cnts, stipulatroiu, co~ulitioru o?ul
coverwnts tliereof, arul o/ this ?nortga~;e, then this mort~u~e nnd tl~c cstatc herel~~~ created, s)~alf cease, de-
termine anct be nall arul void.
~ the mortgagor hereby further couenants a~ul agrees to jw~ ~romptly when due the Uriricipal and
interest arui od~er sanu of mo~ie~ ~rovuled Jor in suid rwte a~ul thts mort~;age, or either; io pay a11 and
singulor the taxes, assessments, leuies, leabilitees, obli~atior~.r, and eru~umbrances of euery noture on said prop-
erty; to ~~ermit, comrnit or sueer no uaste, i?nNairment or dcterioration of said la?ul or the imNrovements
thereon ot nny time; to keep ihe huilclings now or herea/ter on said land fe~lly i~uured in a sum of not less
than
in a company or companies acceptul~le to tl~e mort~agee, N~e policy or ~~olicies to be helcl by, and payable
to, snici mortgagee, arul in the euent an~ su?n of money l~ecan+es Nayable be~ virtue of sucl~ i?uurance the
mortgagee shall ha~e the ri~ht to receioe nnd apply the same to the indebtedness 1~ereLy secured, aeeounting
to the mortga~or for any surptus; to ~wy ulI costs, charges, o?ul expe~zses, incliuling laivyer's fees and litle
searches, reasonabl~ iiu~~rred or ~wid by the mortgagee because of the fnilure of the mortgagor to promptly
arui fully comply uith the ngreements, stipulations, corulitioru arul covenants of saut naie arul this mortguge,
or eitl~er; io per~orm, compl~ uitli and abicte by eoch arut eoen~ d~e agreements, stipulations, conditions and
covenants set forth in saul ~wte anc! this mort~age or either. In the eucnt the mort~agor fails to pay uhen
due any tax, assessment, insuranc~e premium or other sum of money ~ayable by nirtue of said note a?ul ihis
mortgage, 'or either, tlie mortgabee may pay the same, u,~thout uaioin~; or aBecting the option io foreclose .
or any otl~er ri~ht hereunder, ancl 611 suc/i payments s)ialt bear interest from date thereof at tl~e hi~hest laia
ful rate then allou;ed Gy the laws of the State of Florida.
any sum of money herein re%rred to be not ~~romptly jwid t~itl~in th i rty ~ys next a~ter
the same l~ecomes clue, or if each nnd every the ogreements, stipulatio?~,s, coiuiitioru and cooe~wnts of said
note anrl t/iis mortgage, or eit)~er, are not fully Nerformed, eomplied tcith and abided by, ti~en !he entire
sum mentioned in soid note, and this mortgage, or the entire liulance t~nJwicl thereon, shall forthwith or
thereofter, at il~e o~tion o~ die mortgagee, become pnd Ge due arui payaLle, anything in saict note or herein
to the contran~ notecithstmulinG. Failure by the mortga~;ee to exercise any of the rights or options herein
provir~ed shall not constitute a u:aiver of any riglits or opiions i~ntter said note or this mortgage accrued or
ihereafter aecruing. ~
~n ~itness ~hereof~ the suici mori~a~;or has l~ereunto signed and seoled these presents the
day anci yenr first aliove ~r.ritten.
Sig d, a d anc~ deliver d i ~ pc~/~~e~e of: ~
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~ STATE OF F'LORIDA,
~ COUtiTY OF ~
~ St. Lueie ] NEREBY CERTIFY that on this day, before me, an
~ offieer duly autlx~riud in the S4~te aforcwaict and in the County aforesaid to take aekno~•leclgments, personally appeared
~ Theodore and Lena Barbuto
to nx• k~Ni~co tu Ix~ dx~ ~x~ru~n g d~~•rilxYl in :tnd ~~lu~ ~•~tti•~di•il dN• fun•~oin~ in>tninKmt :uul they acktw~~•ledgeel
Ix~fum ux~ that th ey ~•~~'~•ntrJ th~• .a~n~•. r;j ~
~ ~\'1TXF:tiS ni}- hand and ulFici:d K•:~I in tln~ Counh: and titatt• latit :dur~•>:ti~l thi+ 31St : ~:~~jY:,~aly of
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~ January i~- i`~ 75. - . _
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V` , t~.F.C~~ F~~" ~M1/~COMM1~ ON~E~IRES~~~T-t~' ~ • ,
~ LED 1~K ~pv~j0.'S, ~ ~ ~ONDED iHRU GENERAI INSIlRANC6~~9'~ITEA
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~ $ooK2~36 ~ 519
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