HomeMy WebLinkAbout2764 unrt sl~a(l per/orm, co~np/y icitl~ u~Kl M,f~le Dy cucl~ and curry U~e u~rr;cu~rnts. sfijn~l~tia~s. co~ulittons arul
couenants N~ereo/, aru! o/ this morfRa~;e, ~hen fhts ~nort~;u#;e u~u! Nie. estate Gerel~y creuted, sha?1 cease, de-
termtne and be null and vok~_
~UIR the_ mort6a~;or hereby fu?iher cove?wnfs a~u! a~;rces to ~~ay pranpfly u:hen due t)~e principal and
tnterest a?ul other sunu of moneJ provt~led /or in sojd rwte a?ul i1~ts mvrt~age, or either: ta pay all and
sir?guiar the toxes, assessn~ents, leuees, /iaLilities, oGli~uttor~s, aid e?~u~~bra~~ces o/ eoery rwture on sakl prop-
erty; to permit, commit or n~eer no waste. impuirment or delerioration o/ soid larul or t1~e improvementa
thereon at any Hme; to keep tlie Guttdin~;s now or l~ereo/ter on sakt lurut /ully insiued in a sum of not less
N,an ~enty Five Thousand and no/100------------------------------
in a comJwny or componies acc~eptalile to tl~e ntortbn~ee, the ~wllcy or ~wlicFes to Le Iie?cl by, and paya6le
to, s~ald mortgogee, a~ul in the event any sum o/ money l,ecomes payaGle by virtue of sud~ insurance the
mortgogee shall ha~ the ri~;/it to receive a~ul appG~ the same to N~e indebtedneas hereLy secured, uccounting
to the mortga~;or for on~ surplus; to ~wy all costs, char~;es, arut expenses, including luwyers ~ees orul title
searches,'easorwbly incurred or paid by ti~e mort~;abee {~ecuuse oj the /atlure of the mortga~;or to promptbj
and fully comply with the abreeme~ts, stipulalio?~,s, corulitions u~ut covenants of soul note and this mortgage,
or either; to perjonn, comply with a?ul oliWle Gy cach a~ut e~ery the agreements, stipubtfons, condieions ond
covenants set forth in said no~e unci this mort~uge or eitl~er. In the event the mortgagor fails to pay when
due any tax, ossessment, insuronce ~remium or other sun~ of ~~ioney payaGle by virtue of said ?wte a?ui this
mortgage, or eul~er, the mortga~ee moy Jwy tlie same. u.~ithout i~atuing or a~ecting the oNtion to foreclose
or any other right hereunder, arul al! such payments shaU liear interest from date thcreof at ihe hi~hest law-
fia rate then allou:ed hy the laevs of th6 State of Florida.
any sum of money )ierein r%rred to be not promptly }wid ici~hin thiTty days next after
the same becomes due, or if each arul eoery the agreements, stipulations, conditions and conenants of said
note a,ui this rrwrtgage, or either, are r+ot fully per/ormed, compleed with und obided by, ihen the entire
sum mentioned in saed note, and this mortgage, or the entire lxilance un~wid thereon, shaU forthwith or
~ ihereufter, ut the option o~ the mortgagee, Gecome ond t~ due arul payable, anything in sakl note or herein
io the controry notu;ithsturutir?g. Failure Gy the mortgngee to exercise any of the rtghts or options herein
provirled shall not constitute a uaiver o/ uny rights or options under snid note or this »wrtgoge accrued ar
. thereafter aceruing.
~n ~1~~ ~li~[[~l~ the said mortga~or has hereunto signed and sealed these presents fhe
day and year first ahove ecritien.
Signed, ~aled arul deliuered i~the presence of: ~
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j STATE OF FLORIDA,
~ covMnt oF St . Lucie ~
I HEREBY CERTIFY that on this day, before me. an
o~icer duly a~thorizecl in the State aEoresaid and in the County aforesaid t~ take acknowledg~nents, personaUy appeared
Ernest M. Rovella and Phyllis Rovella, his wife
~ to me knn~en to Ix• tl~ ix~rsonS d~~-rilxYl•in and ~~}r~ PCl'('U~PII NN• fon•}~oiuK instnmx•nt and }~@y arkno~vled~ecl
{~rfom um th:~t they r~~rnhYl t!x• >:u~K•,
~VITNESS n,y hx~xl and_nifiei:d u:tl in th~• ('~mnty and titate~ lact :i(orisaid this 19th day of
September A. i~? 75
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