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and shall perform, comply with and nbide 6y~ach and every Ihe, ag?Peme sNpulafloni, conditiona and
covenants thereof. and of this morttage, then 1 s mortgage on estate hereby crated, shall cease, de-
tenniue and 1?e null and void.
i
Ille mortgagor 11er1'hy f wlher covenant: and agrees !o pay promptly when due the principal and
i?tteresl and other sums of money pr~vided for frt acid note and this mortgage, or either; fo pay all and
singular the fAXPS. assessmertfs, levtes'httbilities, obligations, and eneerAlbroncss of every nature on said pro-
perfy: fo permit. commit or suJjPr ?lo u'asle, impairmerll or deferiornfton of said land or the improvements
IhPrrcn of any limp; fo IrPep the buildings ?tou~ or helPaf ter on said land fully insr?rrd to a sum of not less
than N/A
irl a 1•onttxlrly or companies alret?table fo 1he mortgagee, the policy or policies fo be held by, and payable
to, said mortgagee, and in the event mty sum of money becomes payable by virtue of such inswance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby aecrued, ncrounting
to the mortgagor for any sllrpllls; to pay all costs, charges, and expenses, including lawyeri fees and title
searc{lee. reasonably inrtlrre/l or twid 6y the mortgagee because of the failtu+e of the mortgagor to promptly ;
and (ally comply with the agreements, stipulations, rnndittons and rnvenants of said note and this mortgage.
or either; fo perform. comply with a?td abide by ench and every the agreements, atipulations, condifio?u and
cot'e?ta?Its set forth frt said note and this mortgage or either, In the event the mortgagor /ails to pay when
due any tax, assessment, i?IStlronce premium or other sum of money payable by virtue of said note and this
mortgage, or eifller, the mortgagee may pay the some, without waiving or affecting the option to foreclose
or any other right hereel?tder, arld all such pnymenfs shall bear interest from date thereof of the higl~esf law-
ful rate then allowed by the laws of the State of Florida.
~l any s11m o/ mortPv herei?t referred !o be not promptly paid within 3U days next after
the same becomes d1?e, or if each a?td every the agreements, stipulations, conditions and covenants of said
note and this morfga~te, or either, are no! fully performed, complied with and abided by, then the entire
sum merlfioned in said ?lote. a?Id this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, of the opfforl of the mortgagee, become and be due and payable, anything irl said note or herein
fo the contrary ?toiu'ifllstartding. r'ailtlre by the mortgagee to exercise any of the righta or options herein
provided shall not constitute n waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~IL ~tttltSS whereof, the said mortgagor bas hereunto signed and sealed these presents the
day and year first abODe u~riften.
Signed, P( Qlld Ire eS ?If Uf
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wI`t~~...... ~ ..~!I--~..... - .
OM~S I. PA j.I
noa~~, ELi
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t STATE OF /VFW YO R uC
~ COC\TY OF ptUO~,IDgf:q
~ I HEREBY CERTIFY that on this day, Ilefore me, an
~ officer duly authorizrd in the Statr aforesaid and in the County aforesaid to take acknowledgments, personally appeared
THOMAS I. PAG~NELLI and DOROTHY G. PAC~NELLI, his rife,
`st to mr known to hr the prrsonS described in and who executed the (orrgoinq instrument and Who acknowledged
i Ix•forr me that they rxecuted the same.
N'17:VF.SS my hand and official seal in they County and Stat~• last aforesaid this day of
~IE~1 APt?i l A. D. 19 79. .
I
OT PUBLIC
~ MY COMMISSION EXPIRES: ~ ~
:COs'r'~ ~ notary PubEic, S'ae of t:t::+ ~tf ' '
` ~ • _ No. 4043469. pnonAaga GDU~Or ` . ' .
.i ^ Commission Fxpues March 30, tom/ ,
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%i) /nsJrtll?u~1f pref7tlt~rl hy:
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