HomeMy WebLinkAbout2127 c
i
and shall per/orm, comply with and abide 6y each turd every the agreements. sfipulatioris, conditions and ~
cotenants thereof. and of this mortgage, then this mo?Igage and the estate herby created. shall cease, de-
termine and Ge null and void.
the mortgagor hertfby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for to said note and fha mortgage. or either; to pay all and
singular the lases, assessments, levies, Itabiltties, obligations, and encumbrances of every nature on said pro-
perty; to permit. commit w suf
Jer rto waste, Jmpairment or deterioration o/ said laird or the improvements
thereon at any time; to heap the buildings now or hereafter on said land fully .insured in a :um of not less
than N/A -
in a company or companies acceptable to the mortgagee. the policy or policies to ba held 6y, and payable ;
lo. said mortgagee. and in the event any sum of money becomes payable by virtue -of such inatu+artce the
mortgagee shall have the right to rrceive and apply the same to the tndebtednea: hereby secured. accounting
to the mortgagor for any surpltu: to pay all costs. charges, and expenses. incltu{ing lawyer's feel and titb
searches, reasonably inctured or poid 6y the mortgagee 6ecnttse of the jailuro of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
or either; !o perform, comply with and abide by each and every the agreements. stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay utihen
due any tax, assessment, insurance premium or other sum of money payable by virtue of said Hole and thL
mortgage, or either, the mortgagee may prey the same, without waiving o? affecting the option to foreclose
or any other right hereunder, and all such payments shall bear interest from elate thereof at the highest law-
f ttl rate then allowed by the laws of the State of Florida.
7! any sum of money herein referred to be not promptly paid within 30 days next affK
the same becomes due, or if each and every the agreements, stipulations. conditions and covenanb of said t
note and this mortgage, or either, are not fully performed. complied with and abided 6y. then the entire
stun mentioned in said note, and this mortgage, or the entire balance ttnpatd thereon, shall jorfhwith or !
thereafter. at the option of the mortgagee, become rend be due rend payable. anything in said note or herein .
to the contrary notu~fthslastding. Failure 6y the mortgagee to exercise any of the rights or options herein
prodded shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
;n ~iterenf, the said mortgagor has herrunto signed and sealed these presents the
day and year first shore written.
Signed, and ire to the rese?tce of : ,
I. P G
~'=~'~-f---------------
- - - - R Pi~~ANF,- I
~ -
STATE OF II~E w 70 K K
COI3NTY OF O~OM D p t4 -
i HEREBY CERTIFY that on this day, before me, an
t
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments, personally appeared
4
THOMAS I. PAGANELLI and DOROTHY G. PAGANELLI, his wife, E
f
to me known to be the prnon t3 described in and who executed the toregoinq instrument and who ack?wwkdRtd ~
before me that they executed the same.
WITNESS my hand and official seal in the County and State last aforesaid this '1 daY ~ s
- ~Lssrh pre J A. D. 19 79.
-
- ~ .-~U OTARY UBLIC _ ~ t
' MY COMMISSION EXPIRES: ~ ~
~~~f'''~ RICHAItD C. HATCH
s' , , t II~~+vV tbt~ t't~it. grate of New XQrk - . . .
oaamissio~ ~u ,
I -
l~ia I~u~rn„t~,tr prrpnr?-~f by: gQpK PACE~~~
_ Adclreu
I
x