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HomeMy WebLinkAbout2438 and shall perjorm, comply with and abid. 6y eoch and vaery the .agreements, sttpubttoni. conditions and covenants thereuj. and of fhu mortgage, then thi, mortgogs and the estate hereby created, shall cease, de- termine avid be null and twirl. nlfit~ fhp mortgagor hereby jtsrlhe? rnuenanls and agrees to pay promptly when due the prirtcipol and interest and other sums of money provided joy to said note and this mortgage. or either: to pay all and singular the faxes, as:essments, levies, ltabtGties, obligations, and encumbrances of etrery nattwe on said pro- perly; fo permit. commit or sujjer no waste. impairment or detertornfion of snid land or the tmprouemenls thereon of arty time; fo beep the buildings now or hereafter on soil land /oily tnstt?ed In a sum of not less than the full insurable value - in acompany or companies acceptable to fhs mortgagee, the policy or policies to 6. held 6y,_ and payable to, said mortgagee, and in the et?ent any sum of money becomes payable by virtue of such instsrartce fhs mortgagee shall bare the right to receive and apply the same to the indsbtedttess hereby secur+sd, accounting fo the mortgagor joy any surplus; to pay all costs, charges, and expenses, including lawyeri /ess and title searches, reasonably lnctured or paid by the mortgagee 6ecawe of the jniluro o/ the mortgagor to promptly and jolly comply with the agreements, stipulations, condtttoru and rnvenants of said note and this mortgage. a either: !o perjorm, comply with and abide by each and et»ry the agrsemenb, aHpulafiotu. eondiltons and covenants set forth in said note and this mortgage or either. In the event the mortgagor jd4 fo pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the rams. without. waiving or affecting the option to /oreclose or any other .tphf hereunder, and alI such payments shall bear interest from date thereof at the highest law- f ul rate then allou?ed by the laws of the State of Florida. ~l any sum of mortPy herein referred fo be not promptly paid withinfifteen(lS~ays next after the same becomes dtte, or ij each and every the agreements, stipulafioru, conditions and covenants of said note and this mortgage. or either, are not Jolly perJotmed, complied with and abided 6y, then- the entire sum mentioned in said note, and thi: mortgage, or the entire balance unpaid thereon. shall forthwith or fhereajter, at the option o/ the mortgagee, become and be due and payable. anything in said note or. herein to the contrary noturithsfanding. Failure by the mortgagee to exercise any of the tights or options herein provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~~uLeSS ~Itereof, fire said mortgagor has hereunto signed and sealed there presents the day and year first shove u•riffen. Sigrt_ed, sealed and delivered in the preSPI1CP oj: ~ , . Umberto DeLuca - ~ STATE OF FLORIDA. i c~L•:1iTY OF ST. LUCIE - i I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Umberto DeLuca ~ to me known to be the person described in and who executed the foregoing instrument and he acknowledged j before me that he rxccuted the same. W17:i1iES5 my hand and official seal in the County and Sute last aforesaid this 10th day o[ Aprils A. D. 19 79. - EO :.iii. ~E OP.DEO• ( J ~ ' ! .JC,~ CGU~ ~Y FLA. ary ub~lic----- lc.~:- - J ~ - i . _ _ O r:.. -1.. State of Florida at Large '79 ~ 2 P~ ~ ~ y My commission expires t ~~yy ~ ift>i3h PuE~r c}~•¢ of - _ '1~ ~ ~IliSik;;. ;,x..,;y~.R;,~:?3 st hrq_ ~ CL"_-'~.K C ?~UtT ,;BURT a~~ 14, i;~: ! - G v a ° ~ - i}11S 1NBT~-" Trs ~ F ~1 yiis In~?n~n,~,~t pftpaa~d by: , ~ 1. i t : i ~ - ~ R'~D BY ~~~~-i ~ GUY R. Br ~.ii ~iTTORNEY 5,,.. _ - 7 i~•` -