HomeMy WebLinkAbout0674 ant~ :1~a~~ pe~f
orm. ~~omply wltl~ and a6i~e 6y each anc~ ei~ery ihe agreementa, stipu~ation's, condittons anc~
c~ovenanfs ihereoJ. and oJ 11~is morfE~atte, thPn this mwtpape nnd Ilee esfate i?Bre6y c~eated, shall cease, ds-
termine a~d 6e n~~ll and ~~oid. '
i~nd Itip morfpaflor ~~en•tiy ~urfher co~~enanl= and agrees to pay prompfly when due the principal and '
inferes! anc~ ot{ie~ sums o~ mon~y proi~ided jo~ In saic~ note an~ fhis mortgage, o~ ellher, fo pay a~~ nnd
sinflula~ Ihe taxes, assessm~nts, lei~ies, lia6ililies, o61~~a~~o?~:, and encum6rnnces oj every ~afure on :aid pro• `
perfy: !o permit. commit or suJfer no u~aste, impairmenf o~ cleleriornfion o~ said Iund or tke improvemenft ~
Ihvrecn nt any Iim~: fo ~PPj) ~IIP bui~din~~s now or hpr~~(t~r on soid land (ul~y insure~l in o sum oj not less '
than full insurable value
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in a company or companies a~•c~~~taLl~ lo f~~e morlfla~/ee, !he po~icy or po~icies fo E~e he~~ tiy, a?~d ~ya6le ~
lo, said ntorl{~agt~, an~l in 1{~e ei~ent any sum o~ monep becomes paynble 6y i~irlue oj such insurance tl~e
morfgagee s1~all hanp ihe right to r~rei~~e and apply t~e sama to Il~e indebtedness {~ere6y securec~, aceounting ~
to fhe morfga~or (or any surp~us; lo pay a~~ costs, charges, and expenses, inclucling ~au~yer~s ~ees anc~ lif~e ~
search~s, reasona6~y incurrn~I or paic~ ~y !~e morlgapee hecause o~ t~e ~ai~ure o~ fhe mortgaflor fo prompt~y
ant~ ~u~~y comply u~ith I~~e a~reemenls, stipu~afions, con~ifions anc~ conenanfs o~ said note nnd Il~is mo?tgnge, j
or eif~~er: to perjorn2, t-omply u~ifl~ antl a~i~~e 6y each and enery lf~e agreements, sfipu~ations, condifio?~s anc~ :
coi~enanls sef ~orl~ in saic~ nofe nncr this morfgnge or eit{~er. /n the event tl~e morfgagor ~ai~s lo pay u~hen
due nny eo.r, assessm~nt, ensumn~e premium pr oiher sum o) money paya6le 6y i~iriue oJ said nole nnd t1~is ~
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mortgage, Or PI~~IP~, ~~lp morl~ag~p It1OY nQV ~~P SQIIIB, iP1~IlOII~ WUIlR11Q Or AJjecting Ihe opfion t0 foreclose
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or any olher, ric~{~t I~rrPUn~Ier, and aIl surh paymenls shall bear infp?pst Jrom date thereo~ al tl~e 1~igF~est ~aw- ~
(uI rate Ilien allowed 6y 1{~e la~ns of fhP State of i=lorida. ~
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~l any sum of mon~~v ~~erein rP~errptr'lo he not prompt~y pai~ wifhin 30 days next o~ler ~
tl~~ samP 6~com~c du~, or iJ enrl~ and ~~rery IJ~~ agreempnts, sfipulations. conclitions anrl coi~enants of sait~
nofe anc1~ t{~is mort<rac~~~, or ~itl~~r, are not fully per~orm~cl, compliecl wit{~ and al?ided by, then fl~e entire
sum rnenlioned ir~ said not~, and this ntortqag~, or tl~e enlire 6alance unpaid thpreon, shall ~ort{~uJifF~ or
fherea(ter, af f~~~ option o! 1{~e morfgnge~. f~crom~ an~ he c~ue and payable, anqt~ing in saic~ note or herein
fo I~e conlrary notu~iflislantlinq. Failure ~~y ftie morfgagee to exercise any o~ the righis or options ~erein
proi~it~i~c~ shrill not constilulP a u~:~ir~r o( any ri~}~a~ y~it~i~~~ ~i ~~~E t~i~dr~~c~,~~~g~
of`i:
A T I1~: ~
Il~pma~fi~r a~-c•ruinq. ;
OR THE BALANCE DUE UPON MATURITY IS ~9~F. ~e
~ TOGETHER WI H ACCRU::D IN~T~ERE T A Xls~~q~~.~ -
~n ~~tness ~hereof, «;~,~,~~r~M~~,~s,~wa~~;$~~h~ MB~rGAG~
day and y~ar f irsl a6o~ e~ a~ritlen. OF THIS MORTGAGE, ~ UNDER Tr~ ~
$ignet~. sea~~t~ ant~ ~/~~ir~rnt~ in 11~~ pr~•s~>r~t-~ o~: S'I`. LUCIE CABI ET$
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; ST4TE OF FLORIDA,
~ COU'.~TY OF ~
ST. L'UC~ I HEREBY CERTIFY ehat on thu day, before me, an
officer duly authorized in the Statr a(oresaid and in th~ County aforesaid to takr acknowlcdqm~~nts, penonally appeared
~ FRANK S. LOUPE and THOMAS W. PETRILLO,partners of St. Lucie C~~b~~gets
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` to m~• known to }x~ the p~•rwn S describrd in and w•ho ex~cuted the Iorequioq instrun~ent and tj?e~F!~o~~gtd
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Ix(or~ me that t~ey rx~cuted the same.
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~~'Il'\F.SS m~• hand and o(ficial sra( in thr Cuunty anc! Stat~• last aforPSaid this f s~ yO( -
' Se tember~~. D. 19 78. ~,.;~~~y 7
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i otary Public
~ FtlEO ANG AfCCriUE~ ••.,,~,.,.,,~s~~`'~
iT.IUC~E C~UMTT Ft~ State of Florida at Large q
FO~~? P:~~'.RAS 1 \
r, ,~i~~T ;r ~~(S-- My Commission E~ires:
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_ IIIIS [/!S//!/!/!f/1/~lJYfl(1/'Pcfhy: HARO~ H. GOLDMAN 9~?R~~~~ ~1C~ U74
;~rjr!/f3S /it`orr,ey at Law f
' 8028 S. Federal H:g!~wey ~ i
I • - Port St. Luc;~, FL. 334;2 ~
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