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HomeMy WebLinkAbout0892 and ~hall p~?(orm. ~-omply u,ith and abide 6y pach and PI~Pry 1~~ agnempnla. sllpu~aliont. rontlltions nnd rn~~enanis ~hemo~, ur~d o~ ihts morfya~ie, Ihen tl~is mo?tc~a~e and Iha ~3IOIP ~O~PPy fMaIP(~, il~al~ ceaie, ds- ta~minp an~~ be nu~~ an~~ ~~oic~. , ~ ~d Ih.• morlga~~or I~~n~hy jurther covenants O/td t1AMM !o poy promplly wken due the prlncipn! and intern9l an~ ot~~~r sums oj money prot~F~IpcI ~or in soid nole and f~it morfgape, w etfher; to poy a~~ and •tngu~ar IhP la.rPS. eusessmenl:, ~e~~iNS. ~iuhi~ilies, oFiligaliona, ancl encuml~ronce~ of euery ~ature on aaicl pro- perly: to permif, commif or auf~ei no WQSIP, impairmenf or c~eterio?alion o~ saitl Iand or fha improvemenfa tl~precn at ~ny lime; to kPe the 6uildinps nou~~ or herna(t~r on said lond ~ully insurPtl in a sum of not less d,an full insurab~e value tn n company or cumpanie~s accPpful~~e fo fhe mo~fgapee. f~~e po~icy or po~icies !o be hpld by, nnc~ payab~e to, ialc~ I/IOrI{~(IqPP, an~ in I~p PliP11I II?ly Sl~I/i O~ mon~y tiecomes ~xiya6l~ by i~irlue o~ such insurance ttit mortgagee shall {~are Itie rigtif fo re~ceii~ and opply Ihe snme to the indp6fedness here6y secwed, accountfng to I~e morfga~or jor any s~irp~us: fo pay a~~ cosfs. C~QI'gP~, and expensas, i~cluc~ing ~awye~ s(ees an~ ltt~e sea?~ches. r~QSOnab~y incurrpcl ur ~,«I 6y thp morigagee hecause o~ lhe ~ai~urr of fhe morfgngo~ to prompt~y and jully ~~omply u~ilh th~ apreemenfs, slipu~afions, conc{iltons anc~ covenants o( said note anc~ ftiis mortgoge. or eil~~er; fo pe~~orm, ~-omply u~i1ti and abide 6y each anc~ every tl~e agreemenfs, sfipu~atioru, conditiona ant~ covenanls sel ~ori~~ in saicl nofe and thJs mortgage or eiltier. /n the evenf the morfgagor Jai~s to pay w~en c~ut? any tax, ass~ssm~nf, insurancp premium or o11?er sum oJ money payo6lp by t>irfue o~ satd note wtd f~is morfgage, or ~il~~er, f~~P morlga~ee~ may pay Itip same, wit{~out wniving or a~jecfing ihe oplion to ~orec~ose or any o1l~er ri~Ill IIPtP~Ittder, and alI suc1~ payments sha!! 6~~ inlervst jrom dafe fher+eo~ at 1{~e l~ighest law- ~u! mte ilien allou•e~l by ttie (au~s oJ thP Stafe o/ F'lore~a. ~L any sum of mon~y I~prni~ re~er?e~I fcr tie not prompfly paid wif~in ten doys next n~ler t~e samP 6et~omPS ~lue, or i~ eacl~ n11~ PI~Pry I~P ag?eements, stipulalions. conditions and covenants oj snid nole an~ i/~is mortgafle. or eif{~er, are nof ~u~~y per~ormec~, rnmp~iec~ wit~ a~d n6jded 6y. lhen !~e entire tum mentioned in said not~, and tl~is morfgage, or th e entire bnlnnce unpaid 1ltereon, shall (orthwilk or therea~ler, at the option oJ tl~p mortgu~ee, 6ecome and ~ d~ce ancl paya6le, nnyil~tng in said note or herein fo f~e conirary riofu~itlisfan~Iing. F'uilure by Ihe morlgagee to exerciae any of fhe r{g~ts or opfiotu ~e?ein prot+ided sha~~ not conslifut~ a u~ait•~r o~ any righfs or options under said nole or tl~is mortgnge aecrued or Itierealf~r accruing. ~n ~h~Ol~ the said mortgngor f~as I~ereunlo sigrie~I and sealed tl~ese pr+esentt itie cray anc~ year ~irsl ahone ivrillen. Signed, sea ecl and de~i d in lhp presencP oJ: ~ _ . . ~~b..T. . - vatore-~~Pa~~ ~ - ~ ~ . z,~..~_ . . - - " . - ---------Q~ . , ecelia Patti - - - - - - - - - , i - - - - - ~ - - - - (As to both parties) STATE OF FLORIDA. ~ COUNTY OF S t. Luc ie ' I HEREBY CERTIFY that on thi: day. beforc me~ an ofticer duly authorized in the St~tc aforesaid and in the County a(oresaid to uk~ acknowledgments, penonaUy appeared SALVATORE PATTI and CECELIA PATTI, his wife, to me known to b~ the person $ described in and who executed the (oregoing imtrument and they acknowkdsed bc(ore me thit ~1e}1 exccuted the same. W17'NESS my hand and o((icial xal in the County and Stat~ lut a(orcsaid this ~ ~ d1r ~ . January A. D. 19 77 • . . Cl • . - _ . y ~ Notar Public State of Florida at Large. My commission expires; . .r = . G ~ /~'1~ _ ~~~f , ~ . . y;,-~-=- ~ i^ s'.y' . ~ . ~ -.s:~~•. , =.a. ~ . , f ~E,,f+l. ~ ~ - S~~LOCii ~o~"~ as ~ ~ AocE~ ~S 1~ CIER VER1f EO ~ _ O o~.lo.'~~ ~7.5~ ~fcoaa eM~1.~ ~ P~ 3~ t~i~t . SPENCER B. GILBERT ESQ. ~ Tl~is Lu/rumntl pirparrd by. ~ ~~fd,ru P. 0. Box 3388, 220 So. Second S t. Fort Pierce, Florida 33450 ~ A @JO __~__v~,~...,.~-~.~~~. ~t _~..rx . . ~...M_., ~