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and shall pe~jorn+. co~nplr u~itl~ ond a6~de br e~k ~d t~~ery tl~s ngroements, sttpulatio?u, condtttons and ~
cot~enants thereof, and o( tl~i~ rnortgnap. 11~on tl~is nto?tgag~ ~d ~h• tstate I~ere6y craatod, shall cen~e, d~- ~
fprmine nnd be null nncl void. ~
T11~ fhP enorfgagor kernbr ~urttivr couenanli o~d agrees to pay promptly when aue tho p?incipal ~
interr:t nnd other ~wru o/ monQy aro~id~ fo? in rntd nol~ nnd tkla morfaoge, o~ eilhar: to pny a~~ and
singu~ar fl~e taares, assessmenfs, ~evtes. ~tabilitits, ob~igallona. nnd ~ncwnbrwice~ o~ every naturo on iatd pro- ~
pe?ly: to pe~nif, c~o~nn~lt or su~~er no woate, in~pni?men! o? ~twiorofion of :aid land or ftis Improvemenb }
Ihpr+eon n! aay time; to ~eep tht bui~ings now o? hQroa~te? on satd ~and ~u~~y insured in a sun~ of not ~e~i
tl~an highest lasurable valu~ _
in a eo+npany or componies acc~ptab~ to tl~e n?o?tga9w, tka poltc~r or poltctes to ba held 6y, and pnya6le F
to, said morfgagee, and in t/~ ownf any swn oj rnw~ay beco~nea ~ya6l. by vlrtue o~ suc~ tnsururtc~ f~e '
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moNgagee stin~~ tiave ttie rig~t to receine and applr tl~t sams to the tndebtednes: here6y :ecurad, acoounftng
to Itie mo?tgagor (or uny surp~us: to poy a~~ c~wls. ckarges, and axpenses. inc~e~tng ~awyeri (ees and ttf~e {
searc~es. .~onabtr incurr~ or ~~d by tha r.wtga9ee ~caus~ o~ t~~ ~ai~ure o~ ftie mortgugor to prompfl7? ~
nnd f ully comply witl~ the ag?eemenb, stipu~ntions, c~onditio~a and rnvonants o/ aaid note and tF~ts ~nortgag~.
or eiftier: to pe?Jw+n. comply witA and abidt 6y eack and enery tl~e agreomenb, stipu~ntions, eonc~iflont nnd
covenanb set (orth in said nol~ w?d this mortgoge or eiltier. /n fh~ ev~nt ttie mortgagor lai~a to par when
due any tnx. assessmenf, insurance p?emium or otl~er sum oJ ~.o~er ~~6I~ 6r uiMue of said note ant~ this
morlgage. or eit~er, ttie mo?fgagee may ~y ehg san~e. wtthout waining or aj~ecting fhe option to ~o?ec~ose
or any otl~er rigl~t J~ereunaer. ~d alt s~ ~r~~u shall 6ear tnterest /rom dnte tl~ereo~ nt the 6igl~est law-
(ul rate then allowed by the lau?s oj Ihe S1ate o~ Flortdo.
i~ nny sum o~ money tierein ~e(~red to be not promptlr paid within 15 ~nyt next a~ler
t{~e snme I~ecomes due, or ij eacR and euery tl~e agreemenb, sfipulafions, rnnditions and cournnnls oj :aid
note and t6ia mortgage. or eitker, are not jully per~ormed. complied witl~ •ancl a6ided 6y, then the entire
sum menlioned in said note, and ek~ rnorlgagQ. or th e entir+e bolanco unpaid tl~erron, shall f
orll~witl~ w
I~ereajter, at !~e option oJ Itie morfgagee. b~o~e ~d be d~ a~d paro6[~, anyftiing in :ai~ note or herein
fo the confrary notu~it~?standing_ Fni~ure by t~te mortgagee to exe~rtie nnr o~ the rig~fs or opfions tier+ein
proi~ided stia~~ no! constif~ete a u~niuer of nnr rig/~b or oplioro unde~ snid note or f~i~ n+ortgagp accrued or
fhc~rcw~fer accruing.
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~n ~~Lll~ fV~~`~ I~e snid mortgugor hns I~er+eunto ~ignecl and sraled ll~e:e presenls ttie ~
clay an~ qear ~i?sf u~ove writlen. -
Signecl, senled and delinered in t6e prQSenco o~: ,
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~.(~AROL I.AURI
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' STATE OF FLORIDA, )t ~
coU~tTY oF St . Luc ie t ~
I HEREBY CERTIFY that on this daY. be(ore me. ao F
officcr duly authorized in the Sqt~ aforrsaid and in the Countr afwesaid to takt ackoovnkdqmenb, pcrsonally appeared 3
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~ Frank Laurito and Carol Laurito, his Wife r
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to mr knov+n to br the person described in and who ezecuud the forcgang iaurumcot and ~p xk~vkdged ;
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before me that ~hay cxecuted t6e same. ;
~ _ Wl9'NESS my hand and dficia{ seal in the Counry and State iast aforesaid tAis 2nd da~ d ~
~ ,,l ,'~~~Y A. D. 1977 . ;
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~ ~ = Notary Public '
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F ~ . - ~-4~a at LargA #
~ ;t~:t`~l•' ~ - ~ . i6, 1981 ~
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fiLEO AN~ RECOROEO ~
~ St. lllCtE COUMTY FIA. i
~ ROCER POITRAS
~ CLEqK C~RCUfT COURT ~
~ ^rr~-:~ Yf~iFiEO~---- ~~59~ ~
~ 77.•a hu/nuurrrl p?rpn~rd by:
~ f,~~-.~ . D~c 6 9 4z AM'11 ~ ~
~ B~OK~~ PAGE ~ ~
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