HomeMy WebLinkAbout2151 and a1~a11 per~orn~, comply wilh and a6tde by enck a~d ~aery th~ agn~menta. atlpulafloris. eondlt~ons and
rn~renanla tl~~?eoj, and oj Ihti mo?tgas~e, tl~en tRis ntortgags and tl~s sitote h~rrbr crsaled, ihaU ceas~, d~-
lermtne ancl ~is null ancl ~wtcl.
711~ 1~~ n~orfgagor l~e~~r6y ~uNhe? couenanti and agraes fo poy promptFy wl~vn dw !he p~inctpa! and
Inteira! Qnd olhe~ sum~ o~ money provided /or tn aaid note and thb mortgapa, or silf~sr; to poy all and
atngu~or t~e ~4CPd. asse~ssments, ~eutes, ~Iabi~lfie~. obugaftons. and ~ncwnb~ces o~ ~v~rq naluro on satd pro~
perty: fo pe?mit. commif or su~~er no wesle. lmpatrment or creferloraflon o~ ,~d [a»d or t~e tmpro~emenb
fhprncn af an time; fo ~ee~p fhe but~ings nour or ~erwa~te~r on uatd land /uUy in~urecJ 1n a swn o~ not ~u
d,a~ ful~ insurable velue
in a compuny or compantes ac~ceptab~e fo Itis mortgagee. ths polJcp or poltc~tes to 6e I~eld by. arur pn~rab~
!o, aaid rnorlpa~ee, and in fhe euent any sum oJ money becomes ~ya61e 6y virlue oj auck tntu?ance 1?~e
mortpagec~ :haU ha~~e 1he ~t9ht to ~r~ ~d ~ply ehe ,~,~,s to th. ~de6ted.~,s he~6y s~~„~d, ac~count[ng
to 11~P mortga~or for any su~Plus: to pay a~~ oosls. ctiarges. and exp~nset, including luwysri jeea and t~t~ ~
searrhps, reasa?~a6ly lncumKl or paid by 11~e mortgagee 6ecuuse oj the /ailure o~ Ihe morlgago~ to pro~nptly
and ~ullp comply wi~h ~l~e ag?eemenls, stipublion~, eondlttons and oouenanls o/ satd note and Ihts mortgags.
or eilher; to per/o~m, c~omply wit6 and a6ide 6y euch and every the agreemenb. sfipu~oftons, c~ondiftons and
covenanfa sel ~ort1~ in snJd note and ehta rnortgage o~ eithe~. /n the eue~t ~hs morf9agor jail~ to poy when
due any tax, assessmenf, insurance premtum or of{~e~ sum o( money papa6le 6y virfue of satd note nnc~ t/~ts
mo~tgage, or eiflier, the morlgagee may poy fhe same, withoul u~ntving or a~~ecfing the option to ~oreclose
ar any ot~er rig~f ~erpun~er, anc~ aII sucl~ payments sI~aII bear inlerest jrom ~ate fhereo~ af Ihe ~igtiest ~aw-
(ul mte Il~en allowecl 6y the Iau~s o/ t{~e Stute o/ Fio~da.
1l a?iy s~im o~ mon~y ~erein re%rre~I !o Ge not proinpfly pnid within tEA ~nys next ajfer
ttie snme b~?comps c~u~, or i~ ench ancj every Ihe agreemenfs, slipu~al[ons, con~/ilforu ancj covenanls o~ snid
nofe and t~is mortgape, or eit~er, are ~ot ~u~~y pe~ormec~. comp~ied wttti and a6ided 6y. ftien the enftre
sum mentioned in said nole, and lhis mwtgage, or ll~e entire bnlanc~e unpaid thereon, s1wU ~orll~tuith or
tl~ereajfe?, at t6~ oplton o~ tl~e mortgagee, 6ernmP and be due and paya6le, anyftiing in said note or herein
lo f/~e ~onfrary nolu~ithstanding. Failure by 11~e morfgagee to exerrise a~y of the ttg{~ft or oplioro f~eretn
pronidecl a~u~~ nof rnnsfifufe a u~ainer of any righfs or opfions unc~er snic~ note or t{~is morfgage accrued or
1?~ereajl~r accruing.
~n ~itness ~h~reof~ ll~e said mortgagor has he~runeo signed and sealecl t6eae presenfs the
c~ay an~ year ~irst a~oi~e irritten.
$ignec~. sea~ ancj ~~~iuerec~ in f~e P?PSPIICP o~:
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~Q"u~'"~~'_'__"~~':_G?'=•5- -C ~ -~C~"~-(7 ~
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; _ - Au t Mercurio
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Frances V. Mercurio
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(As to both parties)
!
` STATE OF FLORID:~, ~
~ coL~:~-r~r c~F St . Lucie
1 HEREBY CERTIFY that on chis dar~ betorc me~ an
of(icer duly authoriud in the Stat~ a(oresaid and in the County atoresaid to tak~ acknowledlCments~ penonally appeared
~ ~ AUGUST I~RCURIO and FRANCES V. MERCURIO, his wife,
~ to me known to ix the prrson 8 described in and who executed the (or~qoinq instrument and thgy acknowkdRed
be(orc ~ne that they executed the same. n
~
N I7 :t'ESS my hand and o(ticial seal in thc Gounty and Stati• last a(orcsaid thu ~ d~r o(
November n. ~ 97 5 . .
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j,~n~ $PEMCER 8. GIIBERT, Attorne~ _
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